The burgeoning e-commerce businesses and increased automation in the logistics sectors are driving demand for material handling equipment. Liebherr Group, KION Group AG, Jungheinrich AG, Viastore Systems GmbH, Eisenmann AG, and others are the top five important participants in the global Material Handling Equipment market.
NEWARK, Del, March 04, 2025 (GLOBE NEWSWIRE) — The global material handling equipment market is poised for significant growth over the next decade. In 2025, the market size is estimated at USD 4.8 billion, with projections indicating an increase to USD 7.2 billion by 2035. This growth corresponds to a Compound Annual Growth Rate (CAGR) of 4.2% from 2025 to 2035.
The burgeoning e-commerce businesses and increased automation in the logistics sectors are driving demand for material handling equipment. Liebherr Group, KION Group AG, Jungheinrich AG, Viastore Systems GmbH, Eisenmann AG, and others are the top five important participants in the global Material Handling Equipment market.
According to a recent FMI report, material handling equipment sales will increase between 2025 and 2035, creating a growth potential of USD 7.2 billion. This expansion potential is due to the increasing industrial sectors throughout the world, which are requiring an increase in material handling equipment.
During the forecast period, the expanding industrial and factory automation with increased technology and process automation is expected to generate a development opportunity for the global Material Handling Equipment market. Manufacturers, factory owners, and industry personnel are more focused on lowering the hard labor and process timing of goods and products movement and transportation. The expansion of industries such as transportation, agriculture, courier services, shipping, and machinery is driving up demand for material handling equipment in the global market.
The growing trend toward factory automation is boosting the need for automated material handling equipment. The production process, including material handling and transportation, has become complex as a result of a lack of current technology deployment and effective management. Manufacturers are utilizing established systems for material management and transportation to tackle this complexity. The increasing manufacturing automation enables them to reduce transportation duty and costs. The use of new technology is streamlining the production process as a whole.
