Europe Automated Material Handling Market Share, Trends, Revenue, Demand, Growth Drivers, Challenges and Future Investment Opportunities Till 2033


Europe Automated Material Handling Market Share, Trends, Revenue, Demand, Growth Drivers, Challenges and Future Investment Opportunities Till 2033: SPER Market Research

 Published: Jun-2023
 Author: SPER Analyst

Europe Material Handling Equipment Market is projected to be worth USD XX billion by 2033 and is anticipated to surge at a CAGR of 5.36%.

Material handling Equipment refers to the devices and machinery used in a variety of industries to transport, manage, and store resources. They reduce physical labour and increase safety by simplifying and streamlining tasks. Forklifts are frequently used items of machinery with metal prongs at the front that lift and carry heavy objects like pallets and boxes in warehouses and businesses. Long belts called conveyors carry items quickly and effectively in places like supermarkets and airports. Conveyor belts move continuously. Cranes are large pieces of equipment having an extended boom arm and a tall tower. At construction sites and ports, they lift and move large objects like building supplies, cargo, and even complete structures. Cranes are operated by trained personnel to maintain safety.

Europe Material Handling Equipment Market Driving Factors and Challenges

The market for material handling equipment in Europe is expanding due to a number of important factors. To start, businesses are putting new equipment into use quickly to increase productivity and efficiency through automation. Using robots and intelligent systems falls under this category. Second, as e-commerce and online shopping have grown in popularity, there is a greater need for effective logistics and storage, which calls for the utilization of equipment for material handling like forklifts and conveyor belts. Third, worker safety is given a lot of attention, which has led to the deployment of new equipment with improved safety features. Moreover, the growth of Europe's construction and industrial sectors has increased demand for material handling machinery that can handle large items safely and effectively.

There are challenges that the Europe market for material handling equipment must overcome before it can expand and succeed. Investment restrictions and changes in equipment demand might result from economic uncertainty and market volatility. As a result of fierce competition between numerous businesses, prices are competitive and profit margins are under pressure. Investments in research and development are necessary due to the complexity and high expense of complying with strict workplace safety and environmental standards. Continuous upgrades and expenditures are required by technological advancements and the demand for automation, which can be challenging for organizations, particularly smaller ones. It can be expensive and time-consuming to upgrade equipment and train staff on advanced technology. Businesses must innovate, offer affordable solutions, and adjust to new technology if they want to stay competitive in the market.

Impact of COVID-19 on Europe Material Handling Equipment Market
The market for material handling equipment in Europe was severely impacted by the COVID-19 pandemic. The brief shutdown of manufacturing facilities and construction sites was brought on by halted or delayed projects, which reduced demand for equipment. Strict social segregation policies at work led to adjustments in operational processes, which affected the usage and needs of material handling equipment. Equipment supply was delayed as a result of disruptions in global trade and transportation, which also made the market more complex. On the other side, the epidemic highlighted the need for automation and contactless procedures, motivating companies to look towards cutting-edge solutions like robotics. The future expansion of the sector could be driven by this focus on efficiency and reduced reliance on human labour.

Europe Material Handling Equipment Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Beumer Group GmbH & Co .KG, Columbus Mckinnon Corporation, Clark Material Handling Company, Fives Group, Flexlink AB, Honeywell Intelligated, JBT Corporation, Jungeinrich AG, KION Group AG, SSI Schaefer Group, Others.

Europe Material Handling Equipment Market Segmentation:

By Product: Based on the Product, Europe Material Handling Equipment Market is segmented as; Storage Handling Equipment (Racks, Stacking, Frames, Shelves, Bins and Drawers, Mezzaines), Bulk Material Handling Equipment (Conveyor Belts, Stackers, Reclaimers, Elevators, Others),  Industrial Truck (Automated Guided Vehicles, Hand, Platform and Pallet Trucks, Side-Loaders, Orders Pickers, , Walkie Stackers),  Robotics, AS/RS (Mini-Load AS/RS ,Unit-Load AS/RS).

By Application: Based on the Application, Europe Material Handling Equipment Market is segmented as; 3PL. E-Commerce, General Merchandise, Food Retail, Food & Beverages, Manufacturing (Durable, Non-Durable), Pharmaceutical/Healthcare.

By Type: Based on the Type, Europe Material Handling Equipment Market is segmented as; Manufacturers, Distributors.

By Region: This report also provides the data for key regional segments of, Italy, UK, Italy, Russia, Germany, France, Rest of Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

Join Our SPER Panel

Our Global Clients

Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
SPER-Astellas Pharma
SPER-Citi Bank
SPER-Johnson & Johnson


Market Research

We are the leading, full-service global market research and consulting company.

iso-1 iso-1 iso-1 ESOMAR
Secure Payments
SPER Payment Options
Contact HR

 [email protected]