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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 Research Report - Forecast Report 2035 Infographic
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    Table of Contents

    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

    US Material Handling Equipment Market Drivers

    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

    Regional Insights

    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

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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    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.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. US Material Handling Equipment Market, BY Type (USD Billion)
    45. Transport Equipment
    46. Positioning Equipment
    47. Storage Equipment
    48. Others
    49. US Material Handling Equipment Market, BY Industry (USD Billion)
    50. CONSUMER GOODS & ELECTRONICS
    51. Automotive
    52. Pharmaceutical & Beverages
    53. Pharmaceutical
    54. Others
    55. Competitive Landscape
    56. Overview
    57. Competitive Analysis
    58. Market share Analysis
    59. Major Growth Strategy in the Material Handling Equipment Market
    60. Competitive Benchmarking
    61. Leading Players in Terms of Number of Developments in the Material Handling Equipment Market
    62. Key developments and growth strategies
    63. New Product Launch/Service Deployment
    64. Merger & Acquisitions
    65. Joint Ventures
    66. Major Players Financial Matrix
    67. Sales and Operating Income
    68. Major Players R&D Expenditure. 2023
    69. Company Profiles
    70. KION Group
    71. Financial Overview
    72. Products Offered
    73. Key Developments
    74. SWOT Analysis
    75. Key Strategies
    76. Crown Equipment Corporation
    77. Financial Overview
    78. Products Offered
    79. Key Developments
    80. SWOT Analysis
    81. Key Strategies
    82. Intelligrated
    83. Financial Overview
    84. Products Offered
    85. Key Developments
    86. SWOT Analysis
    87. Key Strategies
    88. HysterYale Material Handling
    89. Financial Overview
    90. Products Offered
    91. Key Developments
    92. SWOT Analysis
    93. Key Strategies
    94. Raymond Corporation
    95. Financial Overview
    96. Products Offered
    97. Key Developments
    98. SWOT Analysis
    99. Key Strategies
    100. Bastian Solutions
    101. Financial Overview
    102. Products Offered
    103. Key Developments
    104. SWOT Analysis
    105. Key Strategies
    106. Linde Material Handling
    107. Financial Overview
    108. Products Offered
    109. Key Developments
    110. SWOT Analysis
    111. Key Strategies
    112. Interroll
    113. Financial Overview
    114. Products Offered
    115. Key Developments
    116. SWOT Analysis
    117. Key Strategies
    118. Jungheinrich
    119. Financial Overview
    120. Products Offered
    121. Key Developments
    122. SWOT Analysis
    123. Key Strategies
    124. Dematic
    125. Financial Overview
    126. Products Offered
    127. Key Developments
    128. SWOT Analysis
    129. Key Strategies
    130. Swisslog
    131. Financial Overview
    132. Products Offered
    133. Key Developments
    134. SWOT Analysis
    135. Key Strategies
    136. Toyota Industries
    137. Financial Overview
    138. Products Offered
    139. Key Developments
    140. SWOT Analysis
    141. Key Strategies
    142. Mitsubishi Logisnext
    143. Financial Overview
    144. Products Offered
    145. Key Developments
    146. SWOT Analysis
    147. Key Strategies
    148. Honeywell
    149. Financial Overview
    150. Products Offered
    151. Key Developments
    152. SWOT Analysis
    153. Key Strategies
    154. SSI Schaefer
    155. Financial Overview
    156. Products Offered
    157. Key Developments
    158. SWOT Analysis
    159. Key Strategies
    160. References
    161. Related Reports
    162. US Material Handling Equipment Market SIZE ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD Billions)
    163. US Material Handling Equipment Market SIZE ESTIMATES & FORECAST, BY INDUSTRY, 2019-2035 (USD Billions)
    164. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    165. ACQUISITION/PARTNERSHIP
    166. MARKET SYNOPSIS
    167. US MATERIAL HANDLING EQUIPMENT MARKET ANALYSIS BY TYPE
    168. US MATERIAL HANDLING EQUIPMENT MARKET ANALYSIS BY INDUSTRY
    169. KEY BUYING CRITERIA OF MATERIAL HANDLING EQUIPMENT MARKET
    170. RESEARCH PROCESS OF MRFR
    171. DRO ANALYSIS OF MATERIAL HANDLING EQUIPMENT MARKET
    172. DRIVERS IMPACT ANALYSIS: MATERIAL HANDLING EQUIPMENT MARKET
    173. RESTRAINTS IMPACT ANALYSIS: MATERIAL HANDLING EQUIPMENT MARKET
    174. SUPPLY / VALUE CHAIN: MATERIAL HANDLING EQUIPMENT MARKET
    175. MATERIAL HANDLING EQUIPMENT MARKET, BY TYPE, 2025 (% SHARE)
    176. MATERIAL HANDLING EQUIPMENT MARKET, BY TYPE, 2019 TO 2035 (USD Billions)
    177. MATERIAL HANDLING EQUIPMENT MARKET, BY INDUSTRY, 2025 (% SHARE)
    178. MATERIAL HANDLING EQUIPMENT MARKET, BY INDUSTRY, 2019 TO 2035 (USD Billions)
    179. BENCHMARKING OF MAJOR COMPETITORS

    US Material Handling Equipment Market Segmentation

     

     

     

    • Material Handling Equipment Market By Type (USD Billion, 2019-2035)

      • Transport Equipment
      • Positioning Equipment
      • Storage Equipment
      • Others

     

    • Material Handling Equipment Market By Industry (USD Billion, 2019-2035)

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

     

     

     

     

     

     

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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials