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    US Material Handling Equipment Market

    ID: MRFR/CO/19049-HCR
    111 Pages
    Chitranshi Jaiswal
    September 2025

    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

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    US Material Handling Equipment Market Infographic
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    US Material Handling Equipment Market Summary

    The US Material Handling Equipment market is projected to grow significantly from 27.7 USD Billion in 2024 to 49 USD Billion by 2035.

    Key Market Trends & Highlights

    US Material Handling Equipment Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate (CAGR) of 5.32% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 49 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 27.7 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of automation technology due to increased efficiency demands is a major market driver.

    Market Size & Forecast

    2024 Market Size 27.7 (USD Billion)
    2035 Market Size 49 (USD Billion)
    CAGR (2025-2035) 5.32%

    Major Players

    KION Group, Crown Equipment Corporation, Intelligrated, Hyster-Yale 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 Trends

    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, Market Research Future Database and Analyst Review

    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, Market Research Future 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.

    Get more detailed insights about US Material Handling Equipment Market Research Report - Forecast Report 2035

    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 market include

    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.

    Market Segmentation

    Outlook

    • CONSUMER GOODS & ELECTRONICS
    • Automotive
    • Pharmaceutical & Beverages
    • Pharmaceutical
    • Others

    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

    FAQs

    What is the expected market size of the US Material Handling Equipment Market in 2024?

    The US Material Handling Equipment Market is expected to be valued at 27.7 billion USD in 2024.

    What will be the projected market size of the US Material Handling Equipment Market by 2035?

    By 2035, the US Material Handling Equipment Market is projected to reach a value of 49.0 billion USD.

    What is the expected CAGR for the US Material Handling Equipment Market from 2025 to 2035?

    The market is expected to experience a compound annual growth rate (CAGR) of 5.322% during the forecast period from 2025 to 2035.

    Which segment of the US Material Handling Equipment Market holds the largest value in 2024?

    The Transport Equipment segment is valued at 9.5 billion USD in 2024, making it the largest segment in the market.

    What will the value of Positioning Equipment be in the US Material Handling Equipment Market by 2035?

    Positioning Equipment is expected to reach a value of 12.3 billion USD by 2035.

    Who are the major players in the US Material Handling Equipment Market?

    Key players include KION Group, Crown Equipment Corporation, Intelligrated, HysterYale Material Handling, and Raymond Corporation.

    What is the expected market value for Storage Equipment in 2024?

    The Storage Equipment segment is expected to be valued at approximately 8.0 billion USD in 2024.

    What are the growth drivers for the US Material Handling Equipment Market?

    Increased automation in industries and the growing demand for efficient logistics are key growth drivers in this market.

    What challenges does the US Material Handling Equipment Market currently face?

    Challenges include rising raw material costs and the need for technological advancements to stay competitive.

    What is the anticipated value of the 'Others' segment in the US Material Handling Equipment Market by 2035?

    The 'Others' segment is expected to reach a value of 6.3 billion USD by 2035.

    US Material Handling Equipment Market Research Report - Forecast Report 2035 Infographic
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