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Material Handling Integration Market Share

Report ID: GMI7461
Published Date: Nov 2023
Report Format: PDF

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Material Handling Integration Market Share

Major companies operating in the material handling integration industry are:

Daifuku Co., Ltd.
Fives
Honeywell International Inc
Jungheinrich AG
KION Group
Knapp AG
Murata Machinery Ltd.
SSI Schaefer Group
TGW Logistics Group

Companies in the material handling integration market bolster their presence through strategic measures such as technological innovation, partnerships, and participation in industry events. Emphasizing efficiency, cost-effectiveness, and sustainability, these strategies aim to capture market share and meet evolving customer demands.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of material handling integration reached USD 41.3 billion in 2022 and is set to record over 8.5% CAGR through 2032, led by the increasing adoption of automation and Industry 4.0 practices in various industries.

The hardware segment held a market share of over 61% in 2022, driven by increasing demand for advanced technologies that help enhance efficiency and automation.

Asia Pacific market accounted for 35% revenue share in 2022, propelled by burgeoning industrialization, increasing e-commerce activities, and a focus on technological advancements.

Fives, Honeywell International Inc, Jungheinrich AG, KION Group, Knapp AG, Murata Machinery Ltd. are some of the major industry contenders.