Global demand for material handling products will grow five percent annually through 2012, with the strongest gains in rapidly developing areas such as China and India. Growth in the nondurable goods sector will outpace the larger durable goods manufacturers market. Advanced/automated products will grow the fastest. This study analyzes the $104.6 billion world material handling product industry. It presents historical demand data (1997, 2002 and 2007) and forecasts for 2012 and 2017 by type (e.g., industrial trucks and lifts; conveying equipment; hoists, cranes and monorails; automated storage/retrieval systems), market (e.g., durable goods manufacturers, nondurable goods manufacturers), world region and for 37 major countries. The study also considers market environment factors, details industry structure, evaluates company market share and profiles 48 industry players, including Toyota, Kion 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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