Material Handling Equipment Market in Asia 2015-2019

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Material handling equipment refers to a diverse range of products that aid the transportation and storage of materials. Pick and carry cranes, forklifts, slew cranes, crawler cranes, tower cranes, hoists, and conveyors are some of the material handling equipment. It enhances the efficiency of workflow in manufacturing, streamline supply chain distribution channels, and optimize the utilization of warehouses. It provides an efficient, accurate, and cost-effective method to move goods easily and swiftly across organizations. Industries such as automotive, mining, food and beverages, industrial machinery, aerospace, shipbuilding, power and energy, refinery, retail, and electrical and electronics are the major end-users of material handling equipment.

Technavio's analysts forecast the material handling equipment market in Asia to grow at a CAGR of 9.47% over the period 2014-2019.

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Covered in this Report

This report covers the present scenario and the growth prospects of the material handling equipment market in Asia for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of the following equipment: IC engine-powered counterbalanced trucks, battery-powered counterbalanced trucks, and warehousing equipment.

Technavio's report, Material Handling Equipment Market in Asia 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key Vendors

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