Market World Material Handling Equipment Systems Market | Page 2

Product Insights
A variety of Automated, semi-automated, and manual material handling equipment lower the handling cost,
shorten the delivery time and reduces the risk of damage and inventory. Thus, the adoption of material handling
equipment is projected to upsurge.
End-use Insights
The e-commerce industry is anticipated to persist as a leading and fastest growing segment of the end-use due
to the rising adoption of material handling equipment for storage & transportation purpose in a warehouse.
These mechanical products used for the movement of goods, storage, tracking products, organization of orders
and protection of material. Thus, they reinforce the operational capability, handle warehouse activities
efficiently, and streamline the supply chain.
The flourishing e-commerce and manufacturing industries like textile, chemical, automotive, food & beverage,
and pharmaceutical inducing a demand for warehousing the goods for managing and storing purposes. Thus,
material handling systems act as a key factor in managing external and internal manufacturing/warehousing
operations. They are widely used in the automotive industry owing to lessen the labor intensity, improved
production activities, and timely delivery of goods or material.
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Regional Insights
Europe is one of the dominating regions with a significant market share in 2015 and estimated over 35% of the
sector share. However, APAC is expected to grow at a CAGR of over 7% making the region a fastest growing
market in the forecast period. The increase in the manufacturing facilities, paired with the expansion of the e-
commerce and industrial sector in APAC, is likely to drive the material handling equipment market in the region.
Moreover, the mounting importance of safety at a workplace in manufacturing and chemical industries is
projected to increase the demand in the forecast period.
The rapid global development of e-commerce and industrialization are projected to boost the demand for the
market in warehouses. Moreover, Middle East, Africa and Latin America are anticipated to make massive
investments in the material handling equipment market.