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    US Cargo Handling Equipment Market

    ID: MRFR/PNT/18689-HCR
    111 Pages
    Snehal Singh
    October 2025

    US Cargo Handling Equipment Market Research Report By Equipment Type (Forklifts, Cranes, Conveyors, Pallet Trucks, Automated Guided Vehicles), By End Use Industry (Manufacturing, Logistics, Retail, Construction, Shipping), By Propulsion Type (Internal Combustion Engine, Electric, Hybrid, Manual, Hydraulic) and By Load Capacity (Light Duty, Medium Duty, Heavy Duty, Extra Heavy Duty) - Forecast to 2035

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    US Cargo Handling Equipment Market Infographic
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    US Cargo Handling Equipment Market Summary

    As per MRFR analysis, the US cargo handling market size was estimated at 4554.0 USD Million in 2024. The US cargo handling-equipment market is projected to grow from 4769.4 USD Million in 2025 to 7571.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.73% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US The cargo handling market is undergoing a transformative shift towards automation and sustainability.

    • Automation and robotics integration is reshaping operational efficiencies in the cargo handling-equipment sector.
    • Sustainability and eco-friendly solutions are becoming increasingly prioritized by manufacturers and consumers alike.
    • E-commerce continues to drive demand for advanced cargo handling solutions, particularly in the warehousing segment.
    • Technological advancements in equipment and the growth of warehousing and distribution centers are key drivers of market expansion.

    Market Size & Forecast

    2024 Market Size 4554.0 (USD Million)
    2035 Market Size 7571.0 (USD Million)

    Major Players

    Konecranes (FI), Cargotec (FI), Crown Equipment Corporation (US), Toyota Industries Corporation (JP), Hyster-Yale Materials Handling, Inc. (US), Jungheinrich AG (DE), Mitsubishi Logisnext Co., Ltd. (JP), Doosan Industrial Vehicle (KR), Clark Material Handling Company (US)

    US Cargo Handling Equipment Market Trends

    The cargo handling market is currently in a dynamic phase characterized by technological advancements. Evolving consumer demands are also influencing this market. Innovations in automation and robotics are reshaping operational efficiencies, allowing for faster and more accurate handling of goods. This shift is driven by the need for increased productivity and reduced labor costs, which are critical in a competitive landscape. Furthermore, sustainability initiatives are gaining traction, prompting manufacturers to develop eco-friendly equipment that minimizes environmental impact. As regulations tighten, companies are likely to invest in greener technologies to comply with new standards. In addition, the ongoing expansion of e-commerce is influencing the cargo handling-equipment market significantly. The rise in online shopping has led to increased demand for efficient logistics and warehousing solutions. Consequently, businesses are seeking advanced equipment that can handle higher volumes and improve supply chain responsiveness. This trend suggests a potential shift towards integrated systems that combine various handling solutions, enhancing overall operational capabilities. As the market evolves, stakeholders must remain agile to adapt to these changes and leverage emerging opportunities.

    Automation and Robotics Integration

    The integration of automation and robotics in the cargo handling-equipment market is transforming traditional operations. Automated systems enhance efficiency by reducing manual labor and minimizing errors. This trend is likely to continue as companies seek to optimize their processes and improve throughput.

    Sustainability and Eco-Friendly Solutions

    Sustainability is becoming a focal point in the cargo handling-equipment market. Manufacturers are increasingly developing eco-friendly equipment that aligns with environmental regulations. This shift not only addresses compliance but also appeals to environmentally conscious consumers.

    E-Commerce Driven Demand

    The surge in e-commerce is significantly impacting the cargo handling-equipment market. As online shopping continues to grow, there is a heightened need for efficient logistics solutions. Businesses are investing in advanced equipment to manage increased volumes and enhance supply chain agility.

    US Cargo Handling Equipment Market Drivers

    Increasing Trade Activities

    The cargo handling-equipment market is significantly influenced by the increasing trade activities within the United States. As trade volumes expand, the need for efficient cargo handling solutions becomes paramount. In 2025, the U.S. is expected to see a trade growth rate of around 5%, which will directly impact the demand for cargo handling equipment. Ports and warehouses are under pressure to enhance their operational capabilities to accommodate this growth. Consequently, investments in modern cargo handling technologies are likely to surge, as businesses strive to improve throughput and reduce turnaround times. This trend suggests a favorable environment for the cargo handling-equipment market, as stakeholders seek to capitalize on the growing trade landscape.

    Focus on Supply Chain Resilience

    The cargo handling-equipment market is increasingly influenced by the focus on supply chain resilience. In light of recent disruptions, companies are prioritizing the enhancement of their supply chains to withstand future challenges. This shift is leading to a greater investment in robust cargo handling solutions that can adapt to varying demands. In 2025, the market is anticipated to grow by approximately 5%, as businesses seek to implement flexible and scalable equipment. The emphasis on resilience is driving innovation in the industry, with companies exploring advanced technologies that facilitate rapid adjustments to changing market conditions. This trend suggests a proactive approach to supply chain management, which is likely to bolster the cargo handling-equipment market.

    Technological Advancements in Equipment

    The cargo handling-equipment market is experiencing a notable transformation due to rapid technological advancements. Innovations such as automated guided vehicles (AGVs) and advanced material handling systems are enhancing operational efficiency. In 2025, the market is projected to grow by approximately 8% annually, driven by the adoption of smart technologies. These advancements not only streamline processes but also reduce labor costs, making operations more cost-effective. Furthermore, the integration of IoT devices allows for real-time tracking and monitoring of cargo, which is becoming increasingly essential in logistics. As companies seek to optimize their supply chains, the demand for technologically advanced cargo handling equipment is likely to rise, indicating a robust growth trajectory for the industry.

    Regulatory Compliance and Safety Standards

    Stringent regulatory compliance and safety standards are increasingly shaping the cargo handling market. In the U.S., regulations governing workplace safety and environmental impact are becoming more rigorous. Companies are compelled to invest in equipment that meets these standards, which often entails upgrading to newer, safer technologies. The market is projected to grow by approximately 6% in 2025, as businesses prioritize compliance to avoid penalties and enhance operational safety. This focus on safety not only protects workers but also improves overall efficiency, as compliant equipment often features advanced safety mechanisms. Thus, adherence to regulatory requirements is likely to drive demand for innovative cargo handling solutions in the industry.

    Growth of Warehousing and Distribution Centers

    The cargo handling-equipment market is benefiting from the rapid growth of warehousing and distribution centers across the United States. As e-commerce continues to expand, the demand for efficient storage and distribution solutions is increasing. In 2025, the warehousing sector is expected to grow by about 7%, necessitating advanced cargo handling equipment to manage higher volumes of goods. This growth is prompting companies to invest in automated systems and high-capacity equipment to enhance their operational capabilities. The trend indicates that as more distribution centers emerge, the cargo handling-equipment market will likely experience a corresponding surge in demand, reflecting the evolving logistics landscape.

    Market Segment Insights

    Cargo Handling Equipment Market Equipment Type Insights

    The US Cargo Handling Equipment Market, which plays a critical role in the nation's logistics and supply chain management, is predominantly segmented by Equipment Type, encompassing various essential categories such as Forklifts, Cranes, Conveyors, Pallet Trucks, and Automated Guided Vehicles. With the continued advancement in technology and increasing demand for efficient material handling, Forklifts have maintained a significant position within this category due to their versatility and ability to operate in various industrial environments. Cranes, often used in construction and heavy lifting tasks, also exemplify the importance of specialized equipment in handling cargo efficiently.

    Meanwhile, Conveyors facilitate the automated movement of goods, which is essential in warehousing and distribution centers, contributing to significant operational efficiency. Pallet Trucks serve as a fundamental solution for moving pallets and heavy merchandise, which highlights their role in streamlining the logistics process. The rise of Automated Guided Vehicles marks a transformative trend in the market, as these innovative solutions integrate seamlessly with automation technologies, enhancing productivity and operational reliability for numerous sectors. Additionally, the increasing emphasis on sustainability and energy-efficient machinery across the US is driving innovations in the Cargo Handling Equipment segment, thus propelling growth in this industry.

    The integration of IoT and data analytics further elevates the operational capabilities of these equipment types, ensuring the industry continues to adapt to the evolving demands of supply chain management. Overall, the Equipment Type segment remains crucial to the growth and efficiency of the US Cargo Handling Equipment Market, serving diverse industries and meeting the rising demands for swift and effective cargo handling solutions.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Cargo Handling Equipment Market End Use Industry Insights

    The End Use Industry segment of the US Cargo Handling Equipment Market plays a crucial role in supporting various sectors including Manufacturing, Logistics, Retail, Construction, and Shipping. Each of these industries relies heavily on efficient cargo handling solutions to streamline operations and enhance productivity. The Manufacturing sector increasingly seeks advanced equipment to boost production efficiency, while the Logistics industry experiences growing demands for timely and safe transportation of goods, driving innovations in cargo handling.In Retail, the need for effective inventory management and quick turnover is paramount, requiring robust cargo systems to handle high volumes of stock.

    The Construction industry benefits from efficient cargo handling solutions to facilitate site management and ensure materials are readily available, supporting timely project completion. Finally, Shipping relies on seamless cargo movement to manage logistics effectively, allowing for smooth transitions between transportation modes. These industries not only contribute to the significance of the US Cargo Handling Equipment Market but also illustrate ongoing trends toward automation and technological advancements, setting the stage for continuous market growth and transformation.

    Cargo Handling Equipment Market Propulsion Type Insights

    The US Cargo Handling Equipment Market segmentation by Propulsion Type showcases a diverse range of technologies that cater to varying operational needs and environmental concerns. The Internal Combustion Engine segment continues to play a crucial role due to its reliability and performance in heavy-duty applications, particularly in industries such as shipping and logistics.

    Meanwhile, the Electric propulsion segment is gaining momentum, driven by increasing demand for eco-friendly solutions and tighter regulations on emissions, as seen in major US cities.The Hybrid category is emerging as a flexible alternative, allowing operators to balance power and efficiency, while the Manual option remains significant for specialized tasks where technology may not be necessary. Hydraulic systems are also pivotal in this market, offering robust lifting capabilities that are indispensable in warehouses and ports. Increased automation and the continuous push towards sustainability further drive innovations within these propulsion types, making the overall landscape dynamic and adaptable to market needs.

    As companies seek operational efficiency, each propulsion type presents unique advantages, enhancing the US Cargo Handling Equipment Market industry’s growth potential.

    Cargo Handling Equipment Market Load Capacity Insights

    The Load Capacity segment of the US Cargo Handling Equipment Market reflects diverse categories essential in various industries such as logistics, warehousing, and manufacturing. This segment encompasses Light Duty, Medium Duty, Heavy Duty, and Extra Heavy Duty classifications that play distinct roles in meeting operational requirements. Light Duty equipment is often favored for handling smaller loads and is crucial in settings such as retail and small-scale warehouses, as it enables efficient movement of goods without compromising ergonomics.

    On the other hand, Medium Duty equipment is widely used across various sectors, providing a balance between performance and cost, making it a popular choice for businesses aiming for versatility.Heavy Duty and Extra Heavy Duty equipment cater to the demands of industries like construction and shipping, where robustness and high capacity are critical in transporting large or cumbersome items. The continuous evolution of technology and materials is driving innovation in these categories, addressing efficiency while optimizing maintenance costs.

    The rising focus on sustainability has introduced opportunities for advancements, with manufacturers exploring eco-friendly solutions to enhance Load Capacity performance while meeting regulatory standards.This segment's growth prospects are driven by increasing demand for efficient cargo handling solutions capable of supporting the expanding logistics and supply chain networks across the US.

    Get more detailed insights about US Cargo Handling Equipment Market

    Key Players and Competitive Insights

    The cargo handling-equipment market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for efficient logistics solutions. Major players such as Crown Equipment Corporation (US), Hyster-Yale Materials Handling, Inc. (US), and Konecranes (FI) are strategically positioning themselves through innovation and partnerships. Crown Equipment Corporation (US) focuses on enhancing its product offerings with advanced automation technologies, while Hyster-Yale Materials Handling, Inc. (US) emphasizes sustainability in its operations. Konecranes (FI) is leveraging digital transformation to optimize its service offerings, thereby collectively shaping a competitive environment that prioritizes efficiency and technological integration.

    Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance responsiveness to customer needs. The competitive structure appears moderately fragmented, with several key players exerting influence over market dynamics. This fragmentation allows for a variety of strategies to coexist, fostering innovation and competition among established and emerging companies.

    In October 2025, Crown Equipment Corporation (US) announced the launch of its new line of electric forklifts designed to reduce energy consumption by up to 30%. This strategic move not only aligns with the growing emphasis on sustainability but also positions Crown as a leader in energy-efficient solutions, potentially attracting environmentally conscious customers and enhancing its market share.

    In September 2025, Hyster-Yale Materials Handling, Inc. (US) unveiled a partnership with a leading technology firm to develop AI-driven predictive maintenance solutions for its equipment. This initiative is significant as it aims to minimize downtime and enhance operational efficiency, reflecting a broader trend towards integrating advanced technologies in cargo handling operations.

    In August 2025, Konecranes (FI) expanded its service network in North America by acquiring a regional service provider. This acquisition is strategically important as it enhances Konecranes' ability to offer localized support and service, thereby improving customer satisfaction and operational reliability in a competitive market.

    As of November 2025, current trends in the cargo handling-equipment market include a strong focus on digitalization, sustainability, and AI integration. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise to drive innovation. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological innovation, supply chain reliability, and sustainable practices, indicating a shift towards a more sophisticated competitive paradigm.

    Key Companies in the US Cargo Handling Equipment Market market include

    Industry Developments

    Recent developments in the US Cargo Handling Equipment Market reflect significant activity and growth. In October 2023, Toyota Industries Corporation announced an increase in production capabilities for electric forklifts to meet rising environmental regulations and consumer demand. Similarly, KION Group AG has been expanding its investments in automation technologies to enhance operational efficiency within warehouses across the US. Notably, in September 2023, Crown Equipment Corporation launched a new product line aimed at improving safety features and ergonomic design for material handling equipment.

    Additionally, mergers and acquisitions are shaping the market; for instance, Mitsubishi Logisnext Co. acquired a minority stake in a tech startup specializing in supply chain analytics in May 2023, which is expected to bolster their logistics capabilities. The market is also witnessing a notable valuation increase, driven by advancements in electric and automated machinery, as companies adapt to shifting regulatory landscapes and operational demands. Growth in demand for efficient and sustainable cargo handling solutions continues to propel advancements and maintain competitive dynamics among major players such as Manitou Group, HysterYale Materials Handling, and Doosan Industrial Vehicle.

    Over the last couple of years, the shifting focus towards sustainability has become a priority among numerous industry players.

    Future Outlook

    US Cargo Handling Equipment Market Future Outlook

    The cargo handling-equipment market is projected to grow at a 4.73% CAGR from 2024 to 2035, driven by automation, e-commerce expansion, and sustainability initiatives.

    New opportunities lie in:

    • Development of automated guided vehicles (AGVs) for efficient warehouse operations.
    • Integration of IoT technology for real-time tracking and management.
    • Expansion of electric and hybrid equipment to meet sustainability goals.

    By 2035, the market is expected to achieve robust growth, driven by technological advancements and evolving industry demands.

    Market Segmentation

    US Cargo Handling Equipment Market Type Outlook

    • Forklifts
    • Cranes
    • Conveyors
    • Pallet Trucks
    • Automated Guided Vehicles

    US Cargo Handling Equipment Market Load Capacity Outlook

    • Light Duty
    • Medium Duty
    • Heavy Duty
    • Extra Heavy Duty

    US Cargo Handling Equipment Market Propulsion Type Outlook

    • Internal Combustion Engine
    • Electric
    • Hybrid
    • Manual
    • Hydraulic

    US Cargo Handling Equipment Market End Use Industry Outlook

    • Manufacturing
    • Logistics
    • Retail
    • Construction
    • Shipping

    Report Scope

    MARKET SIZE 20244554.0(USD Million)
    MARKET SIZE 20254769.4(USD Million)
    MARKET SIZE 20357571.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR)4.73% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Million
    Key Companies Profiled["Konecranes (FI)", "Cargotec (FI)", "Crown Equipment Corporation (US)", "Toyota Industries Corporation (JP)", "Hyster-Yale Materials Handling, Inc. (US)", "Jungheinrich AG (DE)", "Mitsubishi Logisnext Co., Ltd. (JP)", "Doosan Industrial Vehicle (KR)", "Clark Material Handling Company (US)"]
    Segments CoveredType, End Use Industry, Propulsion Type, Load Capacity
    Key Market OpportunitiesIntegration of automation and IoT technologies enhances efficiency in the cargo handling-equipment market.
    Key Market DynamicsTechnological advancements drive efficiency and automation in cargo handling equipment, reshaping competitive dynamics.
    Countries CoveredUS

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    FAQs

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

    The US Cargo Handling Equipment Market is expected to be valued at 4.55 billion USD in 2024.

    What is the projected market size for the US Cargo Handling Equipment Market by 2035?

    By 2035, the US Cargo Handling Equipment Market is projected to reach 7.58 billion USD.

    What is the expected compound annual growth rate (CAGR) for the US Cargo Handling Equipment Market from 2025 to 2035?

    The expected CAGR for the US Cargo Handling Equipment Market from 2025 to 2035 is 4.749%.

    Which equipment type is forecasted to have the highest market value in 2035?

    Forklifts are forecasted to have the highest market value, estimated at 2.1 billion USD in 2035.

    Who are the key players in the US Cargo Handling Equipment Market?

    Key players in the US Cargo Handling Equipment Market include Manitou Group, Crown Equipment Corporation, and Toyota Industries Corporation among others.

    What will be the market value of cranes in 2024?

    The market value of cranes in the US Cargo Handling Equipment Market is expected to be 1 billion USD in 2024.

    What are the anticipated market trends in the US Cargo Handling Equipment Market from 2025 to 2035?

    Anticipated market trends include increased automation and advanced technology integration in cargo handling equipment.

    What will the market value of Automated Guided Vehicles be in 2035?

    The market value of Automated Guided Vehicles is projected to reach 1.78 billion USD by 2035.

    How does the US Cargo Handling Equipment Market growth rate compare across different equipment types?

    Growth rates vary among equipment types, with forklifts and cranes showing significant growth potential through 2035.

    What challenges does the US Cargo Handling Equipment Market face in the coming years?

    Challenges include supply chain disruptions and the need for innovation to meet changing customer demands.

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