EUROPE MATERIAL HANDLING EQUIPMENT MARKET FORECAST 2018-2026

EUROPE MATERIAL HANDLING EQUIPMENT MARKET FORECAST 2018-2026

  • May 2018 •
  • 98 pages •
  • Report ID: 5118342
KEY FINDINGS
The recovery of the European market from the economic crisis has enabled an increased adoption of automated technologies lately, resulting in optimal use of resources and increase in process efficiency.This has contributed significantly to the Europe material handling equipment market’s growth.

As a result, the market is expected to race ahead with a CAGR of 4.37% over the forecast period of 2018-2026.

MARKET INSIGHTS
The market is primarily driven by the fact that material handling equipment is increasingly being integrated and automated into complete systems.This has led to the entire system of production, distribution, consumption, and disposal to be fully automated.

The automated systems are gaining acceptance in automated dispatching systems, automated storage systems and baggage handling and transport systems in airports. Also, the market segments based on products and applications can expand further due to the potential boom in the e-commerce sector and the flourishing manufacturing and infrastructural activity.

COMPETITIVE INSIGHTS
Some of the established companies in the market include Beumer Group Gmbh, Kion Group, TGW Logistics Group Gmbh, Dematic, Vanderlande Industries, Crown Equipment Corporation, Ssi Schaefer, Toyota Industries, Jungheinrich, and Columbus Mckinnon Corporation.
Country=Europe Industry=MachineToolAndEquipment ParentIndustry=HeavyIndustry Date=201805 Topic=MarketShares Publisher=InkwoodResearch Price=2000