Material Handling Market Demand, Growth Opportunity 2021 To 2025

Posted by vamshi krishna on February 18th, 2021

The Material Handling Global Market Report 2020-30 by The Business Research Company describes and explains the global material handling market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

The Material Handling Global Market Report 2021 covers material handling market drivers, material handling market trends, material handling market segments, material handling market growth rate, material handling market major players, and material handling market size.

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The material handling market report provides an in-depth analysis of the impact of COVID-19 on the global material handling industry, along with revised market numbers due to the effects of the coronavirus and the expected material handling market growth numbers 2021-2030.

Material Handling Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global material handling market is expected to grow from .85 billion in 2020 to .48 billion in 2021 at a compound annual growth rate (CAGR) of 10.3%. The market is expected to reach 7.26 billion in 2025 at a CAGR of 8.3%

The report covers the material handling market segments-
1) By Type: Automated Guided Vehicles, Automated Storage And Retrieval Systems, Trucks And Lifts, Cranes, Pallet Racking, Conveying Systems, Hoists, Others.
2) By Operations: Assembly, Distribution, Transportation, Others.

3) By End User: Food & Beverages, Automotive, Construction, Consumer Goods & Electronic, Pharmaceuticals, E-Commerce, Others.

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