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World Material Handling Equipment Market

World Material Handling Equipment Market

  • July 2015
  • 464 pages
  • ID: 4121470
  • Format: PDF
  • By Freedonia

Summary

Table of Contents

A variety of trends will support market growth for material handling equipment in developing parts of the world. Fixed investment spending, industrial output, power generation, and mining activity are expected to rise in these countries due to healthy economic growth and increasing consumer spending. Manufacturing and other industries will continue to attract large amounts of foreign capital, and national governments will build new airports, seaports, rail networks, and power plants and upgrade existing ones. The logistics and transportation industries of these nations will continue to expand at a healthy pace because of the expected economic growth and increasing international trade. There is also an ongoing shift toward use of more expensive and advanced machinery at the expense of conventional models.

Restrained growth

In Japan, the US, and Western Europe, sales of material handling machinery will climb at a somewhat more restrained pace during the 2015-2020 period, than in developing countries. Market growth will be largely spurred by replacement product demand. A variety of factors impact material handling replacement patterns in developed countries, including the overall economic environment, access to financing, and the development of new, technologically advanced models that offer efficiency and productivity advantages.

Most mature markets will see sales conditions improve through 2020, although they are generally projected to post slower growth than their industrializing counterparts. Additional government spending on public infrastructures, growth in logistics and transportation industries, and the adoption of new material handling technologies will contribute to gains in many mature markets.

Mining, logistics & construction to register gains

Globally, markets such as mining, logistics, and construction are expected to post the strongest growth. Among the factors that will drive gains for products such as bulk handling conveyors and forklifts in these markets are increases in world mining activity, rising power generation requirements, and the construction of new airports, seaports, and other public infrastructure facilities. Many existing facilities will be expanded and modernized. As the world economy grows and international trade increases, the logistics and transportation industries of both developed and developing nations and related material handling equipment demand will climb at above average paces through 2020. Finally, the increasing use of more sophisticated material handling technologies, as well as of larger models, will contribute to dollar gains.

Study coverage

World Material Handling Equipment presents historical data plus forecasts for 2020 and 2025 for supply and demand, as well as demand by type and market, in six regions and 26 countries. The study also considers market environment factors, assesses industry structure, evaluates company market share and profiles industry competitors worldwide.

Freedonia's market research studies provide timely access to reliable, unbiased analysis from which to benchmark performance and answer critical questions: Is your business growing faster or slower than the overall market? Is your organization gaining or losing market share? Which products and markets are the most desirable to explore for expansion? Are there industry trends or competitor activities that present a threat or opportunity to your business?

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