Market Research Report on the Material Handling Market

RAIPUR, INDIA, October 26, 2017 /EINPresswire.com/ --

Report Sellers has added a new market research report “Material Handling Market- Forecasts from 2017 to 2022” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

According to the report, the material handling market is projected to expand at a CAGR of 4.31% to reach a total market size of US$161.606 billion by 2022, from US$128.358 billion in 2017. Growing adoption of industrial automation solutions across various end-use industries is one of the major factors driving the growth of global material handling market.

Owing to booming e-commerce industry, rising investments by manufacturers in the installation of various equipment at distribution centers and warehouses is also fueling the demand for material handling products and solutions across the globe. Stringent regulations regarding workers safety require manufacturers to implement material handling solutions in the hazardous work environment.

Competitive Insights: Prominent key market players in Material Handling market Liebherr, BEUMER, Kion, Swisslog Holding, Daifuku, Konecranes, and Siemens among others. The global material handling industry is highly competitive owing to the presence of a large number of international and regional market players offering a wide range of material handling machines and equipment. This intense competition requires key players to enter a strategic partnership and implement comprehensive growth strategies to maintain their market position.

Market players are also investing heavily in R&D to provide material handling machines and equipment integrated with automation and advanced technology like RFID tags and sensors. In 2016, Kion acquired Dematic to become the world’s leading provider of supply chain solutions with a unique and comprehensive product portfolio.

Browse through the complete description and in-depth TOC on “Global Food and Beverage Warehousing Market”
https://www.reportsellers.com/market-research-report/Global-Food-and-Beverage-Warehousing-Market---Forecasts-from-2017

Report Scope

Material Handling market is segmented by product, application, industry vertical, and geography:

By Product
Automated Guided Vehicles
Automated Storage and Retrieval Systems
Trucks and Lifts
Cranes
Conveying Systems
Hoists
Others

By Application
Warehousing and Distribution
Airport Baggage Handling
Bulk Handling
Postal and Parcel Delivery
Assembly
Packaging
Others

By Industry Vertical
Manufacturing
Healthcare
Chemical
Paper
Food and Beverage
Warehousing
Others

By Geography
Americas
U.S.
Canada
Mexico
Brazil
Others
Europe Middle East and Africa
UK
Germany
France
Italy
Spain
Others
Asia Pacific
Japan
China
India
Australia
South Korea
Others

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