TABLE OF CONTENTS
SECTION PAGE
INTRODUCTION xii
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
World Economic Outlook 5
Recent Historical Trends 6
Macroeconomic Forecast 8
World Industrial Outlook 11
Manufacturing Value Added Trends 12
Fixed Investment Trends 14
World Consumer Outlook 19
Personal Income & Expenditure Trends 19
Demographic Trends 21
World Trade/Distribution Sector Trends 23
Material Handling Cost & Pricing Trends 25
Material Handling Technology Trends 27
III. OVERVIEW 29
General 29
World Material Handling Markets 30
Regional Markets 31
Material Handling Products 33
Conventional 34
Industrial Trucks & Lifts 35
Conveying Equipment 36
Hoists, Cranes & Monorails 38
Advanced/Automated 40
Automated Storage/Retrieval Systems 41
Other Hardware 43
Software & Services 46
Markets 48
Durable Goods Manufacturers 49
Nondurable Goods Manufacturers 50
Other Industries 51
World Material Handling Equipment Production 52
International Trade Flows 55
IV. NORTH AMERICA 58
General 58
United States 62
Canada 67
Mexico 71
V. WESTERN EUROPE 77
General 77
France 82
Germany 87
Italy 92
Spain 97
United Kingdom 102
Other Western Europe 106
Austria 110
Belgium 115
Denmark 118
Finland 122
Netherlands 127
Norway 130
Sweden 134
Switzerland 138
All Other Western Europe 142
VI. ASIA/PACIFIC 147
General 147
China 152
Japan 159
Other Asia/Pacific 163
Australia 166
Hong Kong 170
India 175
Indonesia 179
Malaysia 184
Singapore 188
South Korea 193
Taiwan 198
Thailand 203
All Other Asia/Pacific 208
VII. OTHER REGIONS 214
General 214
Latin America 218
Argentina 223
Brazil 227
Chile 232
Other Latin America 237
Eastern Europe 241
Czech Republic 247
Poland 251
Russia 256
Other Eastern Europe 261
Africa/Mideast 267
Israel 272
Saudi Arabia 277
South Africa 280
Turkey 285
Other Africa/Mideast 290
VIII. INDUSTRY STRUCTURE 296
General 296
Industry Composition 297
Market Share 300
Toyota 301
Linde 301
Cargotec 301
NACCO 302
Jungheinrich 302
Other Leading Suppliers 302
Product Development & Manufacturing 303
Marketing & Distribution 304
Cooperative Agreements 306
Financial Requirements 311
Mergers, Acquisitions & Industry Restructuring 312
Company Profiles 318
Acco Chain and Lifting Products, see FKI
AFT Automatisierungs-und Fordertechnik GmbH, see Kardex
Aker ASA 319
Anhui Andong Foundry Company Limited, see
Anhui TCM Forklift Company Limited, see TCM
BEUMER Maschinenfabrik GmbH & Company KG 320
Brambles Group 322
BT Industries AB, see Toyota Industries
Cargotec Corporation 323
Caterpillar Incorporated 325
CLARK Material Handling Company 327
Columbus McKinnon Corporation 329
Crown Equipment Corporation 333
Daifuku Company Limited 336
Dearborn Mid-West Conveyor Company, see Tomkins
Dematic GmbH & Company KG 340
Dexion Group Limited, see Aker ASA
Doosan Infracore Company Limited 342
Duerr AG 343
EISENMANN Maschinenbau KG 345
FANUC Limited 346
Fenwick-Linde, see Linde Group
FKI plc 348
FMC Technologies Incorporated 352
Hiab Oy, see Cargotec Corporation
HK Systems Incorporated 354
Ingersoll-Rand Company Limited 357
Interlake Material Handling Incorporated, see United
Fixtures
Irista Incorporated, see HK Systems
Jungheinrich AG 359
Kalmar Industries Oy AB, see Cargotec
Kardex AG 362
KCI Konecranes plc 364
Knapp Logistik Automation GmbH 368
Komatsu Limited 370
KONE Corporation 372
Konecranes Incorporated, see KCI Konecranes
Linde Group 373
Manitou BF SA 377
Mentor AGVS, see Webb (Jervis B.)
Mitsubishi Heavy Industries Limited 379
Morris Material Handling Incorporated, see KCI
Konecranes plc
Morris Material Handling Limited, see KCI Konecranes
Murata Machinery Limited 381
NACCO Industries Incorporated 383
Nissan Motor Company Limited 386
OM PIMESPO, see Linde Group
Remstar International Incorporated, see Kardex
Rexnord Corporation 388
Richards-Wilcox Incorporated 390
Sandvik AB 392
Schaefer (Fritz) GmbH 394
Siemens AG 396
SMV Konecranes AB, see KCI Konecranes
STAHL CraneSystems GmbH, see KCI Konecranes
STILL, see Linde
Sumitomo-NACCO Materials Handling Group, see NACCO
Swisslog Holding AG 398
TCM Corporation 400
Tomkins plc 403
Toyota Industrial Equipment SA, see Manitou
and Toyota Industries
Toyota Industries Corporation 405
United Fixtures/Interlake 409
Vanderlande Industries BV 411
Webb (Jervis B.) Company 414
LIST OF TABLES
TABLE NUMBER PAGE
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 World Gross Domestic Product by Region 11
2 World Manufacturing Value Added by Region 13
3 World Fixed Investment by Region 16
4 World Per Capita GDP by Region 21
5 World Population by Region 23
6 World Material Handling Shipments Pricing Index 26
SECTION III -- OVERVIEW
1 World Material Handling Equipment Demand by Region 32
2 World Material Handling Equipment Demand by Product 34
3 Industrial Trucks & Lifts Market by Region 36
4 Conveying Equipment Market by Region 38
5 Hoists, Cranes & Monorail Market by Region 40
6 Automated Storage/Retrieval Systems Market by Region 43
7 Other Automated/Advanced Hardware Market by Region 46
8 Material Handling Software & Services Market by Region 48
9 World Material Handling Equipment Demand by Market 49
10 World Material Handling Equipment Shipments by Region 54
11 Material Handling Net Exports by Region 57
SECTION IV -- NORTH AMERICA
1 North America Material Handling Supply & Demand 60
2 North America Material Handling Demand by Product & Market 62
3 United States Material Handling Supply & Demand 65
4 United States Material Handling Demand by Product & Market 67
5 Canada Material Handling Supply & Demand 69
6 Canada Material Handling Demand by Product & Market 71
7 Mexico Material Handling Supply & Demand 74
8 Mexico Material Handling Demand by Product & Market 76
SECTION V -- WESTERN EUROPE
1 Western Europe Material Handling Supply & Demand 80
2 Western Europe Material Handling Demand by Product
& Market 82
3 France Material Handling Supply & Demand 85
4 France Material Handling Demand by Product & Market 87
5 Germany Material Handling Supply & Demand 90
6 Germany Material Handling Demand by Product & Market 92
7 Italy Material Handling Supply & Demand 95
8 Italy Material Handling Demand by Product & Market 97
9 Spain Material Handling Supply & Demand 100
10 Spain Material Handling Demand by Product & Market 102
11 United Kingdom Material Handling Supply & Demand 104
12 United Kingdom Material Handling Demand by Product
& Market 106
13 Other Western Europe Material Handling Supply & Demand 108
14 Other Western Europe Material Handling Demand by
Product & Market 110
15 Austria Material Handling Supply & Demand 113
16 Austria Material Handling Demand by Product & Market 114
17 Belgium Material Handling Supply & Demand 116
18 Belgium Material Handling Demand by Product & Market 118
19 Denmark Material Handling Supply & Demand 120
20 Denmark Material Handling Demand by Product & Market 122
21 Finland Material Handling Supply & Demand 124
22 Finland Material Handling Demand by Product & Market 126
23 Netherlands Material Handling Supply & Demand 128
24 Netherlands Material Handling Demand by Product & Market 130
25 Norway Material Handling Supply & Demand 132
26 Norway Material Handling Demand by Product & Market 134
27 Sweden Material Handling Supply & Demand 136
28 Sweden Material Handling Demand by Product & Market 138
29 Switzerland Material Handling Supply & Demand 140
30 Switzerland Material Handling Demand by Product & Market 142
31 All Other Western Europe Material Handling Supply
& Demand 144
32 All Other Western Europe Material Handling Demand
by Product & Market 146
SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific Material Handling Supply & Demand 150
2 Asia/Pacific Material Handling Demand by Product & Market 152
3 China Material Handling Supply & Demand 156
4 China Material Handling Demand by Product & Market 158
5 Japan Material Handling Supply & Demand 161
6 Japan Material Handling Demand by Product & Market 163
7 Other Asia/Pacific Material Handling Supply & Demand 165
8 Other Asia/Pacific Material Handling Demand by Product
& Market 166
9 Australia Material Handling Supply & Demand 168
10 Australia Material Handling Demand by Product & Market 170
11 Hong Kong Material Handling Supply & Demand 173
12 Hong Kong Material Handling Demand by Product & Market 174
13 India Material Handling Supply & Demand 177
14 India Material Handling Demand by Product & Market 179
15 Indonesia Material Handling Supply & Demand 182
16 Indonesia Material Handling Demand by Product & Market 184
17 Malaysia Material Handling Supply & Demand 186
18 Malaysia Material Handling Demand by Product & Market 188
19 Singapore Material Handling Supply & Demand 191
20 Singapore Material Handling Demand by Product & Market 193
21 South Korea Material Handling Supply & Demand 196
22 South Korea Material Handling Demand by Product & Market 198
23 Taiwan Material Handling Supply & Demand 201
24 Taiwan Material Handling Demand by Product & Market 203
25 Thailand Material Handling Demand by Product & Market 206
26 Thailand Material Handling Demand by Product & Market 208
27 All Other Asia/Pacific Material Handling Supply & Demand 211
28 All Other Asia/Pacific Material Handling Demand by Product
& Market 213
SECTION VII -- OTHER REGIONS
1 Other Regions Material Handling Supply & Demand 216
2 Other Regions Material Handling Demand by Product
& Market 218
3 Latin America Material Handling Supply & Demand 221
4 Latin America Material Handling Demand by Product
& Market 223
5 Argentina Material Handling Supply & Demand 225
6 Argentina Material Handling Demand by Product & Market 227
7 Brazil Material Handling Supply & Demand 230
8 Brazil Material Handling Demand by Product & Market 232
9 Chile Material Handling Supply & Demand 235
10 Chile Material Handling Demand by Product & Market 237
11 Other Latin America Material Handling Supply & Demand 239
12 Other Latin America Material Handling Demand by
Product & Market 241
13 Eastern Europe Material Handling Supply & Demand 244
14 Eastern Europe Material Handling Demand by Product
& Market 246
15 Czech Republic Material Handling Supply & Demand 249
16 Czech Republic Material Handling Demand by Product
& Market 251
17 Poland Material Handling Supply & Demand 254
18 Poland Material Handling Demand by Product & Market 256
19 Russia Material Handling Supply & Demand 259
20 Russia Material Handling Demand by Product & Market 261
21 Other Eastern Europe Material Handling Supply & Demand 264
22 Other Eastern Europe Material Handling Demand by
Product & Market 266
23 Africa/Mideast Material Handling Supply & Demand 270
24 Africa/Mideast Material Handling Demand by Product
& Market 272
25 Israel Material Handling Supply & Demand 275
26 Israel Material Handling Demand by Product & Market 276
27 Saudi Arabia Material Handling Supply & Demand 279
28 Saudi Arabia Material Handling Demand by Product & Market 280
29 South Africa Material Handling Supply & Demand 283
30 South Africa Material Handling Demand by Product & Market 285
31 Turkey Material Handling Supply & Demand 288
32 Turkey Material Handling Demand by Product & Market 290
33 Other Africa/Mideast Material Handling Supply & Demand 293
34 Other Africa/Mideast Material Handling Demand by
Product & Market 295
SECTION VIII -- INDUSTRY STRUCTURE
1 Selected Material Handling Companies Revenue Data, 2005 298
2 Selected Cooperative Agreements 307
3 Selected Acquisitions & Divestitures 315
LIST OF CHARTS
CHART NUMBER PAGE
SECTION II -- MARKET ENVIRONMENT
1 Relationship between per Capita Fixed Investment
& per Capita Material Handling Equipment Demand, 2005 18
SECTION III -- OVERVIEW
1 World Material Handling Equipment Demand by Region, 2005 33
2 World Material Handling Equipment Shipments by Region, 2005 55
SECTION VIII -- INDUSTRY STRUCTURE
1 World Material Handling Market Share by Company, 2005 300
