Freedonia In The News

Article Title: Material handling marketplace poised for growth
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Publication: Hoist, 8/30/2012
Freedonia Study: World Material Handling Products (2919)

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Global material handling equipment demand is forecast to climb four per cent annually through 2016 to USD 123.6bn, according to market research company Freedonia. In the US the Material Handling Industry of America (MHIA) also revealed figures showing it expects the US marketplace to grow eight to nine per cent this year and more than seven per cent in 2014. According to Freedonia the Asia/Pacific region is expected to post the fastest growth rate of any regional market through 2016, advancing 6.1 per cent per year, accounting for nearly half of global increases in demand in value terms.
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Article Title: Automated conveyors, material handling products poised for growth
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Publication: Modern Materials Handling, 8/16/2012
Freedonia Study: World Material Handling Products (2919)

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Energy-efficient products, such as electric lift trucks, will also see gains as end users seek to reduce costs. What's more, the rising use of e-commerce will fuel demand for automated equipment, as business is increasingly conducted in large, lightly-staffed warehouses. These and other trends are discusses in World Material Handling Products.
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Article Title: utomated conveyors, material handling products poised for growth
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Publication: Motion System Design, 10/1/2012
Freedonia Study: World Material Handling Products (2919)

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Among global markets, India and China will experience the fastest gains, due to rising manufacturing output spurring demand for distribution and production equipment. In contrast, Western European markets are among the heaviest users of material handling equipment in the world, because manufacturers there have adopted automated equipment as a response to high domestic labor costs. The U.S. market, which accounted for 22% of global sales in 2011, is expected to remain the leading consumer through 2016. After a period of slow gains between 2006 and 2011, demand in the U.S. will increase through 2016, due to improved manufacturing conditions, especially in the motor vehicle industry. Japan and Germany both enjoy large markets for material handling products, although both countries have performed poorly compared to the global average in recent years.
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