Material Handling Equipment Market Size 2026-2030
The material handling equipment market size is valued to increase by USD 18.79 billion, at a CAGR of 7.2% from 2025 to 2030. Transformative impact of ecommerce and omnichannel fulfillment will drive the material handling equipment market.
Major Market Trends & Insights
- APAC dominated the market and accounted for a 42.7% growth during the forecast period.
- By Type - Cranes and lifting equipment segment was valued at USD 17.32 billion in 2024
- By Application - Construction segment accounted for the largest market revenue share in 2024
Market Size & Forecast
- Market Opportunities: USD 28.54 billion
- Market Future Opportunities: USD 18.79 billion
- CAGR from 2025 to 2030 : 7.2%
Market Summary
What will be the Size of the Material Handling Equipment Market during the forecast period?
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How is the Material Handling Equipment Market Segmented?
The material handling equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2026-2030, as well as historical data from 2020-2024 for the following segments.
- Type
- Cranes and lifting equipment
- Industrial trucks
- Continuous handling equipment
- Racking and storage equipment
- Application
- Construction
- Ecommerce
- Food and beverages
- Automotive
- Others
- Product type
- Manual
- Semi automated
- Fully automated
- Geography
- APAC
- China
- Japan
- India
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of World (ROW)
- APAC
By Type Insights
The cranes and lifting equipment segment is estimated to witness significant growth during the forecast period.
The Cranes and lifting equipment segment was valued at USD 17.32 billion in 2024 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 42.7% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Market Dynamics
Our researchers analyzed the data with 2025 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in the adoption of Material Handling Equipment Industry?
What are the market trends shaping the Material Handling Equipment Industry?
What challenges does the Material Handling Equipment Industry face during its growth?
Exclusive Technavio Analysis on Customer Landscape
The material handling equipment market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the material handling equipment market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape of Material Handling Equipment Industry
Competitive Landscape
Companies are implementing various strategies, such as strategic alliances, material handling equipment market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Beumer Group GmbH and Co. KG -
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Beumer Group GmbH and Co. KG
- Columbus McKinnon Corp.
- Crown Equipment Corp.
- Daifuku Co. Ltd.
- FlexLink Holding AB
- Honeywell International Inc.
- Hytrol Conveyor Co.
- Interlake Mecalux Inc.
- Interroll Holding AG
- Jungheinrich Group
- KION GROUP AG
- KUKA AG
- Liebherr International AG
- Mitsubishi Chemical Grp.
- Murata Manufacturing Co. Ltd.
- NACCO Industries Inc.
- SSI Schafer IT Solutions GmbH
- Toyota Industries Corp.
- viastore SYSTEMS GmbH
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Material handling equipment market
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Material Handling Equipment Market insights. See full methodology.
| Market Scope | |
|---|---|
| Page number | 316 |
| Base year | 2025 |
| Historic period | 2020-2024 |
| Forecast period | 2026-2030 |
| Growth momentum & CAGR | Accelerate at a CAGR of 7.2% |
| Market growth 2026-2030 | USD 18786.0 million |
| Market structure | Fragmented |
| YoY growth 2025-2026(%) | 6.9% |
| Key countries | China, Japan, India, South Korea, Indonesia, Australia, US, Canada, Mexico, Germany, UK, France, Italy, Spain, The Netherlands, Brazil, Argentina, Colombia, Saudi Arabia, UAE, South Africa, Israel and Turkey |
| Competitive landscape | Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Research Analyst Overview
What are the Key Data Covered in this Material Handling Equipment Market Research and Growth Report?
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What is the expected growth of the Material Handling Equipment Market between 2026 and 2030?
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USD 18.79 billion, at a CAGR of 7.2%
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What segmentation does the market report cover?
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The report is segmented by Type (Cranes and lifting equipment, Industrial trucks, Continuous handling equipment, and Racking and storage equipment), Application (Construction, Ecommerce, Food and beverages, Automotive, and Others), Product Type (Manual, Semi automated, and Fully automated) and Geography (APAC, North America, Europe, South America, Middle East and Africa)
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Which regions are analyzed in the report?
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APAC, North America, Europe, South America and Middle East and Africa
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What are the key growth drivers and market challenges?
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Transformative impact of ecommerce and omnichannel fulfillment, High initial capital outlay and complex system integration
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Who are the major players in the Material Handling Equipment Market?
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Beumer Group GmbH and Co. KG, Columbus McKinnon Corp., Crown Equipment Corp., Daifuku Co. Ltd., FlexLink Holding AB, Honeywell International Inc., Hytrol Conveyor Co., Interlake Mecalux Inc., Interroll Holding AG, Jungheinrich Group, KION GROUP AG, KUKA AG, Liebherr International AG, Mitsubishi Chemical Grp., Murata Manufacturing Co. Ltd., NACCO Industries Inc., SSI Schafer IT Solutions GmbH, Toyota Industries Corp. and viastore SYSTEMS GmbH
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Market Research Insights
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