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Material Handling Equipment Telematic Trends and Forecast
The future of the global material handling equipment telematic market looks promising with opportunities in the manufacturing, logistics & warehousing, construction, and automotive markets. The global material handling equipment telematic market is expected to reach an estimated $9.7 billion by 2030 with a CAGR of 11.1% from 2024 to 2030. The major drivers for this market are increasing demand for cloud based telematics in industries and rapid automation in warehouse and e-commerce logistics.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Material Handling Equipment Telematic by Segment
The study includes a forecast for the global material handling equipment telematic by equipment type, solution, end use industry, and region.
Material Handling Equipment Telematic Market by Equipment Type [Shipment Analysis by Value from 2018 to 2030]:
• Aerial Work Platform
• Forklift
• Crane
• Earthmoving Equipment
• Truck
• Tractor
• Telehandler
• Others
Material Handling Equipment Telematic Market by Solution [Shipment Analysis by Value from 2018 to 2030]:
• Asset Tracking
• Fleet Management
• Predictive Maintenance
• Others
Material Handling Equipment Telematic Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Manufacturing
• Logistics & Warehousing
• Construction
• Automotive
• Others
Material Handling Equipment Telematic Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Material Handling Equipment Telematic Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies material handling equipment telematic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the material handling equipment telematic companies profiled in this report include-
• Toyota Industries
• Hyster-Yale Materials Handling
• The Raymond
• Crown Equipment
• Jungheinrich
• Mitsubishi Logisnext
• KION
• Cargotec
• JBT
• Hiab
Material Handling Equipment Telematic Market Insights
Lucintel forecasts that truck is expected to witness highest growth over the forecast period due to its increasing usage in e-commerce sector for goods transportation.
Construction is expected to witness highest growth over the forecast perioddue to significant use of these telematics in constructional projects.
North America is expected to witness highest growth over the forecast period due to availability of technologically automated businesses and existence of the robust it infrastructure in the region.
Features of the Global Material Handling Equipment Telematic Market
Market Size Estimates: Material handling equipment telematic market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Material handling equipment telematic market size by equipment type, solution, end use industry, and region in terms of value ($B).
Regional Analysis: Material handling equipment telematic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different equipment types, solutions, end use industries, and regions for the material handling equipment telematic market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the material handling equipment telematic market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the material handling equipment telematic market size?
Answer: The global material handling equipment telematic market is expected to reach an estimated $9.7 billion by 2030.
Q.2 What is the growth forecast for material handling equipment telematic market?
Answer: The global material handling equipment telematic market is expected to grow with a CAGR of 11.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the material handling equipment telematic market?
Answer: The major drivers for this market are increasing demand for cloud based telematics in industries and rapid automation in warehouse and e-commerce logistics.
Q4. What are the major segments for material handling equipment telematic market?
Answer: The future of the material handling equipment telematic market looks promising with opportunities in the manufacturing, logistics & warehousing, construction, and automotive markets.
Q5. Who are the key material handling equipment telematic market companies?
Answer: Some of the key material handling equipment telematic companies are as follows:
• Toyota Industries
• Hyster-Yale Materials Handling
• The Raymond
• Crown Equipment
• Jungheinrich
• Mitsubishi Logisnext
• KION
• Cargotec
• JBT
• Hiab
Q6. Which material handling equipment telematic market segment will be the largest in future?
Answer: Lucintel forecasts that truck is expected to witness highest growth over the forecast period due to its increasing usage in e-commerce sector for goods transportation.
Q7. In material handling equipment telematic market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to availability of technologically automated businesses and existence of the robust it infrastructure in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the material handling equipment telematic market by equipment type (aerial work platform, forklift, crane,earthmoving equipment, truck, tractor, telehandler, and others), solution (asset tracking, fleet management, predictive maintenance, and others), end use industry (manufacturing, logistics & warehousing, construction, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Material Handling Equipment Telematic Market, Material Handling Equipment Telematic Market Size, Material Handling Equipment Telematic Market Growth, Material Handling Equipment Telematic Market Analysis, Material Handling Equipment Telematic Market Report, Material Handling Equipment Telematic Market Share, Material Handling Equipment Telematic Market Trends, Material Handling Equipment Telematic Market Forecast, Material Handling Equipment Telematic Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Material Handling Equipment Telematic Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Material Handling Equipment Telematic Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Material Handling Equipment Telematic Market by Equipment Type
3.3.1: Aerial Work Platform
3.3.2: Forklift
3.3.3: Crane
3.3.4: Earthmoving Equipment
3.3.5: Truck
3.3.6: Tractor
3.3.7: Telehandler
3.3.8: Others
3.4: Global Material Handling Equipment Telematic Market by Solution
3.4.1: Asset Tracking
3.4.2: Fleet Management
3.4.3: Predictive Maintenance
3.4.4: Others
3.5: Global Material Handling Equipment Telematic Market by End Use Industry
3.5.1: Manufacturing
3.5.2: Logistics & Warehousing
3.5.3: Construction
3.5.4: Automotive
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Material Handling Equipment Telematic Market by Region
4.2: North American Material Handling Equipment Telematic Market
4.2.2: North American Material Handling Equipment Telematic Market by End Use Industry: Manufacturing, Logistics & Warehousing, Construction, Automotive, and Others
4.3: European Material Handling Equipment Telematic Market
4.3.1: European Material Handling Equipment Telematic Market by Equipment Type: Aerial Work Platform, Forklift, Crane,Earthmoving Equipment,Truck,Tractor,Telehandler, and Others
4.3.2: European Material Handling Equipment Telematic Market by End Use Industry: Manufacturing, Logistics & Warehousing, Construction, Automotive, and Others
4.4: APAC Material Handling Equipment Telematic Market
4.4.1: APAC Material Handling Equipment Telematic Market by Equipment Type: Aerial Work Platform, Forklift, Crane,Earthmoving Equipment,Truck,Tractor,Telehandler, and Others
4.4.2: APAC Material Handling Equipment Telematic Market by End Use Industry: Manufacturing, Logistics & Warehousing, Construction, Automotive, and Others
4.5: ROW Material Handling Equipment Telematic Market
4.5.1: ROW Material Handling Equipment Telematic Market by Equipment Type: Aerial Work Platform, Forklift, Crane,Earthmoving Equipment,Truck,Tractor,Telehandler, and Others
4.5.2: ROW Material Handling Equipment Telematic Market by End Use Industry: Manufacturing, Logistics & Warehousing, Construction, Automotive, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Material Handling Equipment Telematic Market by Equipment Type
6.1.2: Growth Opportunities for the Global Material Handling Equipment Telematic Market by Solution
6.1.3: Growth Opportunities for the Global Material Handling Equipment Telematic Market by End Use Industry
6.1.4: Growth Opportunities for the Global Material Handling Equipment Telematic Market by Region
6.2: Emerging Trends in the Global Material Handling Equipment Telematic Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Material Handling Equipment Telematic Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Material Handling Equipment Telematic Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Toyota Industries
7.2: Hyster-Yale Materials Handling
7.3: The Raymond
7.4: Crown Equipment
7.5: Jungheinrich
7.6: Mitsubishi Logisnext
7.7: KION
7.8: Cargotec
7.9: JBT
7.10: Hiab
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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