Global material handling product demand will rise 5.0 percent annually through 2018 to $142 billion. India and China will grow the fastest as material handling products supply growing manufacturing and distribution activity. Automated storage/retrieval systems and automated guided vehicles (AGVs) will grow the fastest.This study analyzes the $111 billion world material handling product industry. It presents historical demand data for 2003, 2008 and 2013, and forecasts for 2018 and 2023 by product (e.g., industrial trucks and lifts; conveying equipment; hoists, cranes and monorails; automated storage/retrieval systems, AGVs), market (e.g., durable goods manufacturing, nondurable goods manufacturing), world region, and for 29 countries.The study also considers market environment factors, details industry structure, evaluates company market share and profiles 48 industry participants, including Toyota Industries, KION Group and Cargotec.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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