US Material Handling Equipment Market Research Report: By Type (Transport Equipment, Positioning Equipment, Storage Equipment, Others) and By Industry (CONSUMER GOODS & ELECTRONICS, Automotive, Pharmaceutical & Beverages, Pharmaceutical, Others) - Forecast to 2035

US Material Handling Equipment Market Research Report: By Type (Transport Equipment, Positioning Equipment, Storage Equipment, Others) and By Industry (CONSUMER GOODS & ELECTRONICS, Automotive, Pharmaceutical & Beverages, Pharmaceutical, Others) - Forecast to 2035.

US Material Handling Equipment Market Overview:

As per MRFR analysis, the US Material Handling Equipment Market Size was estimated at 26.03 (USD Billion) in 2023. The US Material Handling Equipment Market Industry is expected to grow from 27.7(USD Billion) in 2024 to 49 (USD Billion) by 2035. The US Material Handling Equipment Market CAGR (growth rate) is expected to be around 5.322% during the forecast period (2025 - 2035).

Key US Material Handling Equipment Market Trends Highlighted

The US Material Handling Equipment Market is witnessing significant growth driven by various factors. One of the key market drivers is the increasing demand for automation across various industries, including manufacturing, retail, and logistics. Companies are seeking efficient solutions to optimize their operations, leading to the adoption of advanced material handling systems. Additionally, advancements in technology, such as the integration of the Internet of Things (IoT) and artificial intelligence in material handling equipment, enhance operational efficiency and safety, making these systems more attractive to businesses. Opportunities to be explored in this market include the rising emphasis on supply chain optimization and the need for improved inventory management solutions.Businesses are investing in modern material handling equipment to support their operations in warehouses and distribution centers, further enhancing productivity and reducing operational costs. The trend of e-commerce growth significantly influences the demand for material handling solutions, as online retail continues to expand in the US. In recent times, there has been an increasing focus on sustainability within the material handling sector. Companies are looking for eco-friendly equipment and practices to reduce their environmental impact and enhance corporate responsibility. The US government has also been promoting initiatives to support green technologies, which can lead to more innovations in material handling equipment.The combination of these trends and drivers highlights the dynamic nature of the material handling equipment market in the US, indicating a shift toward more efficient, automated, and sustainable solutions to meet the evolving needs of various industries.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

US Material Handling Equipment Market Drivers

Growth in E-commerce Industry

The US Material Handling Equipment Market Industry is significantly influenced by the rapid growth of the e-commerce sector. In recent years, e-commerce has exploded, with a reported growth rate of approximately 32.4% from 2020 to 2021 according to the U.S. Department of Commerce. This surge in online shopping necessitates efficient warehousing and logistics management. Major retailers like Amazon have invested heavily in advanced material handling technologies, such as automated guided vehicles (AGVs) and robotics, to streamline operations within their fulfillment centers.The increased demand for faster delivery times pushes companies to adopt sophisticated material handling solutions, thereby driving market growth. The National Retail Federation projects that U.S. e-commerce sales will reach over USD 1 trillion by 2024, which will further propel the demand for innovative material handling equipment.

Technological Advancements in Automation

Advancements in automation technology significantly contribute to the US Material Handling Equipment Market Industry's growth. The adoption of automated systems and robotics in warehouses has been on the rise. According to the Association for Advancing Automation, robot sales in the U.S. surged by approximately 21% in 2021 compared to the previous year, underscoring a growing trend towards automation. Companies such as Dematic and Kiva Systems are pioneering technologies that make material handling processes more efficient and cost-effective.The use of automated systems not only reduces labor costs but also enhances overall productivity, making it a critical driver for the market's expansion in the United States.

Increasing Demand for Efficient Supply Chain Management

The rising emphasis on effective supply chain management plays a critical role in driving the US Material Handling Equipment Market Industry. A report from the American Production and Inventory Control Society (APICS) states that companies that excel at supply chain management can see up to a 15% improvement in profitability. As businesses seek to optimize their operations, the need for efficient material handling solutions is increasing. Organizations are investing in advanced equipment like Automated Storage and Retrieval Systems (AS/RS) and conveyor systems to enhance their supply chains.This trend is crucial, particularly as U.S. companies navigate the complexities of global supply chains and strive for operational efficiencies.

Growing Focus on Safety Regulations and Standards

The US Material Handling Equipment Market Industry is also propelled by an increasing focus on safety regulations and standards in the workplace. The Occupational Safety and Health Administration (OSHA) emphasizes the importance of maintaining a safe working environment, with stricter regulations likely leading to an uptick in the adoption of equipment designed for safety and efficiency. For instance, investments in advanced lifting devices and ergonomic tools are expected to increase.According to OSHA, there are over 100,000 incidents involving material handling each year, emphasizing the necessity for solutions that improve workplace safety, which, in turn, drives demand within the material handling sector.

US Material Handling Equipment Market Segment Insights:

Material Handling Equipment Market Type Insights

The US Material Handling Equipment Market is experiencing notable growth and diversification, driven by its various types, including Transport Equipment, Positioning Equipment, Storage Equipment, and others. Each of these categories plays a pivotal role in enhancing efficiency across industries such as manufacturing, warehousing, and logistics. Transport Equipment, which includes conveyors, cranes, and hoists, is essential for the seamless movement of materials and goods, ensuring faster and more effective operations. This type significantly influences productivity, as it minimizes manual labor and reduces the risk of workplace injuries. Positioning Equipment is equally crucial, offering precise control and placement of materials, which is vital for assembly lines and manufacturing processes. This category aids businesses in optimizing space and resources, ensuring that operations run smoothly with minimal downtime. Furthermore, Storage Equipment impacts inventory management and space utilization, making it vital for businesses looking to maximize their physical footprint. With the rise of e-commerce and rapid delivery demands, efficient storage solutions are becoming increasingly significant as companies seek to manage their inventory effectively.The "Others" category encompasses a range of equipment that supports specialized tasks, adding versatility to the market. Innovations in technology and automation are expected to drive the development of these types, allowing for advanced features such as real-time tracking and smart inventory systems. This technological evolution not only enhances operational efficiency but also offers opportunities for growth in sectors focusing on sustainability and digital transformation. Overall, each type within the US Material Handling Equipment Market contributes to a holistic ecosystem, enabling businesses to respond promptly to market dynamics while improving safety and productivity.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Material Handling Equipment Market Industry Insights

The US Material Handling Equipment Market industry is showing significant growth potential across various sectors. In particular, the Consumer Goods and Electronics sector is experiencing a strong demand for efficient handling and storage solutions due to the increase in online retail and consumer spending. The Automotive industry is also a key player, as manufacturers seek to enhance production efficiency and adapt to evolving technologies, including automation in manufacturing processes. The Pharmaceutical and Beverages sector requires strict compliance and effective handling to ensure quality and safety during production and distribution, placing significant emphasis on advanced solutions.Furthermore, the Pharmaceutical industry remains critical due to its stringent regulatory requirements, which drive the need for specialized handling equipment. Other sectors also contribute to the overall market with diverse requirements, creating a multifaceted landscape. Together, these segments illustrate the broad applicability of material handling solutions, signaling strong market growth driven by technological advancements, or evolving consumer preferences, and the need for operational efficiency within the US economy. The growth trends in these sectors reflect an ongoing shift towards modernization and automation, reinforcing the importance of effective material handling equipment in achieving operational success.

US Material Handling Equipment Market Key Players and Competitive Insights:

The US Material Handling Equipment Market represents a dynamic and competitive landscape characterized by rapid technological advancements and evolving consumer demands. Companies in this sector are continuously striving to enhance operational efficiencies, reduce costs, and improve safety standards through the integration of innovative technologies such as automation and robotics. The competitive environment is marked by both established players and emerging firms vying for market share, which drives an ongoing focus on product development and differentiation. As the logistics and supply chain sectors expand in response to e-commerce growth and a demand for faster delivery times, the material handling equipment market is poised for significant growth, urging companies to leverage their strengths effectively and navigate market challenges.KION Group stands out within the US Material Handling Equipment Market due to its strong portfolio and commitment to innovation. The company benefits from a well-established market presence, bolstered by a reputation for high-quality products and comprehensive service offerings. KION Group emphasizes technological advancements, integrating automation and digital solutions into its material handling systems, which enhances its competitive edge. The company's approach to sustainability is also noteworthy, appealing to a growing segment of environmentally conscious consumers. By leveraging its extensive experience and expertise, KION Group is able to adapt to changing market dynamics and customer needs, positioning itself as a leader in the industry.Crown Equipment Corporation maintains a significant presence in the US Material Handling Equipment Market, recognized for its focus on manufacturing electric lift trucks and a variety of warehouse solutions. Key products offered by Crown include pallet jacks, stackers, and reach trucks, which are designed to optimize space and improve operational efficiency in warehouses and distribution centers. The company has solidified its market position through ongoing investment in research and development, resulting in state-of-the-art technologies that enhance productivity and safety. Crown's commitment to customer service further strengthens its reputation, as it provides extensive training and support to ensure clients can maximize equipment utilization. In recent years, the company has pursued strategic partnerships and acquisitions to expand its product offerings and market reach, solidifying its capabilities within the competitive landscape of the US market.

Key Companies in the US Material Handling Equipment Market Include:

KION Group

Crown Equipment Corporation

Intelligrated

HysterYale Material Handling

Raymond Corporation

Bastian Solutions

Linde Material Handling

Interroll

Jungheinrich

Dematic

Swisslog

Toyota Industries

Mitsubishi Logisnext

Honeywell

SSI Schaefer

US Material Handling Equipment Market Industry Developments

The US Material Handling Equipment Market is experiencing significant developments, particularly with advancements in automation and robotics. Companies such as KION Group and Crown Equipment Corporation are investing heavily in Research and Development to enhance their product offerings. In recent news from August 2023, Hyster-Yale Material Handling has unveiled new electric lift trucks aimed at improving energy efficiency. The demand for automated solutions is driving growth, with nearly 22% of companies indicating plans to expand their automated material handling systems in the next two years.In terms of mergers and acquisitions, in June 2023, Toyota Industries announced its intention to acquire a competitive player, enhancing its product range and market reach. Meanwhile, in July 2023, Honeywell expanded its supply chain solutions by acquiring Intelligrated, focusing on automated material handling capabilities to better serve e-commerce operational needs. These strategic moves are indicative of a robust market environment that is evolving rapidly due to technological advancements and increasing consumer demand. The US Material Handling Equipment Market is projected to maintain its upward trajectory as companies adapt to changing demands in logistics and warehouse management.

US Material Handling Equipment Market Segmentation Insights

Material Handling Equipment Market Type Outlook

Transport Equipment

Positioning Equipment

Storage Equipment

Others

Material Handling Equipment Market Industry Outlook

CONSUMER GOODS & ELECTRONICS

Automotive

Pharmaceutical & Beverages

Pharmaceutical

Others

Report Scope:

Report Attribute/Metric Source:	Details
MARKET SIZE 2018	26.03(USD Billion)
MARKET SIZE 2024	27.7(USD Billion)
MARKET SIZE 2035	49.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	5.322% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	KION Group, Crown Equipment Corporation, Intelligrated, HysterYale Material Handling, Raymond Corporation, Bastian Solutions, Linde Material Handling, Interroll, Jungheinrich, Dematic, Swisslog, Toyota Industries, Mitsubishi Logisnext, Honeywell, SSI Schaefer
SEGMENTS COVERED	Type, Industry
KEY MARKET OPPORTUNITIES	Automation integration in warehouses, E-commerce growth boosting demand, Sustainability in material handling, Labor shortages driving innovation, Advanced robotics adoption increasing
KEY MARKET DYNAMICS	increasing automation adoption, supply chain optimization, labor shortage challenges, e-commerce growth influence, environmental sustainability initiatives
COUNTRIES COVERED	US