Material Handling Integration Trends and Forecast
The future of the global material handling integration market looks promising with opportunities in the retail & e-commerce, healthcare, automotive, transportation & logistics, food & beverage, and manufacturing markets. The global material handling integration market is expected to reach an estimated $66.6 billion by 2030 with a CAGR of 8.2% from 2024 to 2030. The major drivers for this market are increasing adoption of automation and industry 4.0 principles across various industries, rise in online shopping calls for prompt and effective order fulfillment, and growing focus on supply chain optimization.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Material Handling Integration by Segment
The study includes a forecast for the global material handling integration by component, application, end use, and region.
Material Handling Integration Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Hardware
• Software
• Services
Material Handling Integration Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Assembly
• Conveyance
• Transportation
• Packaging
• Others
Material Handling Integration Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Retail & E-Commerce
• Healthcare
• Automotive
• Transportation & Logistics
• Food & Beverages
• Manufacturing
• Others
Material Handling Integration 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 Integration 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 integration companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the material handling integration companies profiled in this report include-
• Daifuku
• Jungheinrich
• Cargotec
• KION GROUP
• Honeywell International
• SSI SCHAEFER
• KNAPP
• TGW Logistics Group
• Fives
• FORTNA
Material Handling Integration Market Insights
Lucintel forecasts that transportation will remain the largest segment over the forecast period.
Within this market, retail & e-commerce will remain the largest segment due to the expanding omnichannel distribution use and the thriving online retail sector.
APAC will remain the largest region over the forecast period due to rising penetration of the internet and smartphones in the region.
Features of the Global Material Handling Integration Market
Market Size Estimates: Material handling integration 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 integration market size by component, application, end use, and region in terms of value ($B).
Regional Analysis: Material handling integration market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different component, application, end use, and regions for the material handling integration market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the material handling integration market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the material handling integration market size?
Answer: The global material handling integration market is expected to reach an estimated $66.6 billion by 2030.
Q2. What is the growth forecast for material handling integration market?
Answer: The global material handling integration market is expected to grow with a CAGR of 8.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the material handling integration market?
Answer: The major drivers for this market are increasing adoption of automation and industry 4.0 principles across various industries, rise in online shopping calls for prompt and effective order fulfillment, and growing focus on supply chain optimization.
Q4. What are the major segments for material handling integration market?
Answer: The future of the global material handling integration market looks promising with opportunities in the retail & e-commerce, healthcare, automotive, transportation & logistics, food & beverage, and manufacturing markets.
Q5. Who are the key material handling integration market companies?
Answer: Some of the key material handling integration companies are as follows:
• Daifuku
• Jungheinrich
• Cargotec
• KION GROUP
• Honeywell International
• SSI SCHAEFER
• KNAPP
• TGW Logistics Group
• Fives
• FORTNA
Q6. Which material handling integration market segment will be the largest in future?
Answer: Lucintel forecasts that transportation will remain the largest segment over the forecast period.
Q7. In material handling integration market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rising penetration of the internet and smartphones 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 integration market by component (hardware, software, and services), application (assembly, conveyance, transportation, packaging, and others), end use (retail & e-commerce, healthcare, automotive, transportation & logistics, food & beverages, manufacturing, 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 Integration Market, Material Handling Integration Market Size, Material Handling Integration Market Growth, Material Handling Integration Market Analysis, Material Handling Integration Market Report, Material Handling Integration Market Share, Material Handling Integration Market Trends, Material Handling Integration Market Forecast, Material Handling Integration Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.