Europe Material Handling Equipment Market Overview
According to SPER Market Research, the Europe Material Handling Equipment Market is estimated to grow with a CAGR of 5.36%.
Material Handling Equipment means tools and machinery used in many industries to move, control, and store resources. They make tasks easier and more efficient, saving physical labour and boosting safety. Forklifts are regularly used equipment with metal prongs at the front that lift and move heavy goods such as pallets and boxes in warehouses and industries. Conveyor belts are long belts that move continually, carrying things fast and efficiently in areas like airports and supermarkets. Cranes are big machinery with a tall tower and a long arm known as a boom. They lift and transport big objects such as construction materials, containers, and even entire structures at construction sites and ports. Cranes are controlled by skilled operators to ensure safety.
Exploring the Growth Drivers of the Europe Material Handling Equipment Industry
There are several significant factors that are driving the growth of the Europe Material Handling Equipment market. For starters, industries are rapidly implementing new equipment to boost efficiency and productivity through automation and technical developments. This includes using robots and intelligent systems. Second, the rise of e-commerce and online shopping has increased demand for efficient logistics and warehousing, necessitating the use of material handling equipment like forklifts and conveyor belts. Third, there is a great emphasis on worker safety, which has resulted in the use of new equipment with enhanced safety features. Finally, the expansion of Europe's industrial and construction industries has contributed to an increase in demand for material handling equipment capable of handling big goods efficiently and safely.
What challenges does the Europe Material Handling Equipment Market face?
The Material Handling Equipment market in Europe is facing challenges that are going to have an influence on its growth and development. Economic uncertainty and market volatility can restrict investments and impact equipment demand. Price competitiveness and profit margin pressure result from intense competition among several firms. Compliance with stringent workplace safety and environmental laws is complex and costly, necessitating research and development investments. Technological improvements and the demand for automation necessitate ongoing updates and investments, which can be difficult for businesses, especially smaller ones. Equipment upgrades and personnel training on sophisticated technologies can be costly and time-consuming. To remain competitive in the market, businesses must innovate, provide cost-effective solutions, and adapt to emerging technologies.
In what ways has the COVID-19 pandemic affected Europe Material Handling Equipment Market?
The COVID-19 epidemic had a huge impact on the Europe Material Handling Equipment market. Due to paused or delayed projects, the brief pause of production plants and building sites resulted in a decrease in demand for equipment. Strict social distancing measures in the workplace resulted in modifications in operational procedures, influencing material handling equipment utilization and requirements. Disruptions in global trade and logistics created delays in equipment delivery and increased market complexity. The pandemic, on the other hand, underlined the necessity of automation and contactless processes, encouraging businesses to investigate sophisticated solutions such as robotics. This emphasis on efficiency and less reliance on human labour may drive future industry growth.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product, By Application, By Type
|
| Regions covered | Germany, France, UK, Italy, Russia, Rest of Europe.
|
| Companies Covered | 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.
|
Key Target Audience
- Construction Sector
- Industrial and Commercial Facilities
- Manufacturing Sector
- Ports and Shipping Sector
- Retail and E-Commerce Sector
- Warehousing and Logistics Sector
Europe Material Handling Equipment Market Segmentation:
1. By Product:
- Europe Material Handling Equipment Market Value Share and Forecast, By Product, 2023-2033
- AS/RS
- Bulk Material Handling Equipment
- Industrial Truck
- Robotics
- Storage Handling Equipment
2. By Application:
- Europe Material Handling Equipment Market Value Share and Forecast, By Application, 2023-2033
- 3PL
- E-Commerce
- Food & Beverage
- Food Retail
- General Merchandise
- Manufacturing
- Pharmaceutical/Healthcare
3. By Type:
- Europe Material Handling Equipment Market Value Share and Forecast, By Type, 2023-2033
- Distributors
- Manufacturers
4. By Region:
- France
- Germany
- Italy
- Russia
- UK
- Rest of Europe
Key Topics Covered in the Report
- Europe Material Handling Equipment Market Size (FY’2023-FY’2033)
- Europe Material Handling Equipment Market Overview
- SWOT Analysis of Europe Material Handling Equipment Market
- Segmentation of Europe Material Handling Equipment Market By Product (Storage Handling Equipment, Industrial Truck, Bulk Material Handling Equipment, Robotics, AS/RS)
- Segmentation of Europe Material Handling Equipment Market By Application (3PL, E-Commerce, General Merchandise, Food Retail, Food & Beverage, Manufacturing, Pharmaceutical/Healthcare)
- Segmentation of Europe Material Handling Equipment Market By Type (Manufacturers, Distributors)
- Statistical Snap of Europe Material Handling Equipment Market
- Growth Analysis of Europe Material Handling Equipment Market
- Problems and Challenges in Europe Material Handling Equipment Market
- Competitive Landscape in the Europe Material Handling Equipment Market
- Impact of COVID-19 and Demonetization on Europe Material Handling Equipment Market
- Details on Recent Investment in Europe Material Handling Equipment Market
- Competitive Analysis of Europe Material Handling Equipment Market
- Key Players in the Europe Material Handling Equipment Market
- Europe Material Handling Equipment Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Material Handling Equipment Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Material Handling Equipment Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Material Handling Equipment Market
7. Europe Material Handling Equipment Market, By Product (USD Million)
7.1. Europe Material Handling Equipment Market Value Share and Forecast, By Product, 2023-2033
7.2. AS/RS
7.2.1. Mini-Load AS/RS
7.2.2. Unit-Load AS/RS
7.3. Bulk Material Handling Equipment
7.3.1. Conveyor Belts
7.3.2. Elevators
7.3.3. Reclaimers
7.3.4. Stackers
7.3.5. Others
7.4. Industrial Truck
7.4.1. Automated Guided Vehicles (AGVs)
7.4.2. Hand, Platform and Pallet Trucks
7.4.3. Orders Pickers
7.4.4. Side-Loaders
7.4.5. Walkie Stackers
7.5. Robotics
7.6. Storage Handling Equipment
7.6.1. Mezzanines
7.6.2. Racks
7.6.3. Shelves, Bins and Drawers
7.6.4. Stacking Frames
8. Europe Material Handling Equipment Market, By Application (USD Million)
8.1. Europe Material Handling Equipment Market Value Share and Forecast, By Application, 2023-2033
8.2. 3PL
8.3. E-Commerce
8.4. Food & Beverage
8.5. Food Retail
8.6. General Merchandise
8.7. Manufacturing
8.7.1. Durable
8.7.2. Non-Durable
8.8. Pharmaceutical/Healthcare
9. Europe Material Handling Equipment Market, By Type (USD Million)
9.1. Europe Material Handling Equipment Market Value Share and Forecast, By Type, 2023-2033
9.2. Distributors
9.3. Manufacturers
10. Europe Material Handling Equipment Market Forecast, 2019-2033 (USD Million)
10.1. Europe Material Handling Equipment Market Size and Market Share
11. Europe Material Handling Equipment Market, By Product, 2019-2033 (USD Million)
11.1. Europe Material Handling Equipment Market Size and Market Share by Product (2019-2026)
11.2. Europe Material Handling Equipment Market Size and Market Share by Product (2027-2033)
12. Europe Material Handling Equipment Market, By Application, 2019-2033 (USD Million)
12.1. Europe Material Handling Equipment Market Size and Market Share by Application (2019-2026)
12.2. Europe Material Handling Equipment Market Size and Market Share by Application (2027-2033)
13. Europe Material Handling Equipment Market, By Type, 2019-2033 (USD Million)
13.1. Europe Material Handling Equipment Market Size and Market Share by Type (2019-2026)
13.2. Europe Material Handling Equipment Market Size and Market Share by Type (2027-2033)
14. Europe Material Handling Equipment Market, By Region, 2019-2033 (USD Million)
14.1. Europe Material Handling Equipment Market Size and Market Share by Region (2019-2026)
14.2. Europe Material Handling Equipment Market Size and Market Share by Region (2027-2033)
14.3. France
14.4. Germany
14.5. Italy
14.6. Russia
14.7. UK
14.8. Rest of Europe
15. Company Profile
15.1. Beumer Group GmbH & Co. KG
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Columbus Mckinnon Corporation
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Clark Material Handling Company
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Fives Group
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Flexlink AB
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Honeywell Intelligrated
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. JBT Corporation
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Jungheinrich AG
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. KION Group AG
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. SSI Schaefer Group
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
