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US Material Handling Equipment Market

ID: MRFR/PCM/19049-HCR
111 Pages
Chitranshi Jaiswal
February 2026

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

As per Market Research Future analysis, the US Material Handling Equipment Market size was estimated at 34120.32 USD Million in 2024. The Material Handling-equipment market is projected to grow from 35850.22 USD Million in 2025 to 58799.17 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.0% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The US material handling-equipment market is experiencing robust growth driven by technological advancements and evolving consumer demands.

  • Automation and robotics integration is transforming operational efficiency across various sectors.
  • Sustainability initiatives are increasingly influencing equipment design and manufacturing processes.
  • Smart technology adoption is enhancing real-time data analytics and operational visibility.
  • E-commerce growth and labor shortages are key drivers propelling the demand for advanced material handling solutions.

Market Size & Forecast

2024 Market Size 34120.32 (USD Million)
2035 Market Size 58799.17 (USD Million)
CAGR (2025 - 2035) 5.07%

Major Players

Toyota Industries (JP), Kion Group (DE), Crown Equipment Corporation (US), Jungheinrich AG (DE), Hyster-Yale Materials Handling (US), Mitsubishi Logisnext (JP), Daifuku Co., Ltd. (JP), SSI Schaefer (DE), Honeywell Intelligrated (US)

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US Material Handling Equipment Market Trends

The is experiencing a transformative phase., driven by advancements in technology and evolving consumer demands. Automation and robotics are becoming increasingly prevalent, enhancing efficiency and reducing labor costs. This shift appears to be fostering a more streamlined approach to logistics and supply chain management. Furthermore, the integration of smart technologies, such as the Internet of Things (IoT), is enabling real-time monitoring and data analysis, which could lead to improved decision-making processes. As companies strive to optimize their operations, the demand for innovative material handling solutions is likely to rise. In addition, sustainability is emerging as a critical focus within the US Material Handling Equipment Market. Organizations are increasingly prioritizing eco-friendly practices, which may influence their equipment choices. This trend suggests a growing preference for energy-efficient machinery and recyclable materials. As environmental regulations tighten, companies may seek to invest in equipment that aligns with their sustainability goals. Overall, the material handling-equipment market is poised for growth, driven by technological advancements and a commitment to sustainable practices.

Automation and Robotics Integration

The integration of automation and robotics is reshaping the material handling-equipment market. Companies are adopting automated systems to enhance operational efficiency and reduce reliance on manual labor. This trend indicates a shift towards more sophisticated machinery that can perform tasks with precision and speed, potentially leading to significant cost savings.

Sustainability Initiatives

Sustainability is becoming a pivotal concern in the material handling-equipment market. Organizations are increasingly focusing on eco-friendly practices, which may drive demand for energy-efficient equipment and sustainable materials. This trend suggests that companies are aligning their operations with environmental goals, potentially influencing their purchasing decisions.

Smart Technology Adoption

The adoption of smart technologies is gaining momentum within the material handling-equipment market. The incorporation of IoT and data analytics allows for real-time monitoring and improved operational insights. This trend indicates that companies are leveraging technology to enhance their logistics and supply chain processes, potentially leading to more informed decision-making.

US Material Handling Equipment Market Drivers

Labor Shortages

Labor shortages in the US are significantly influencing the material handling-equipment market. With an increasing number of industries facing difficulties in hiring skilled workers, companies are turning to automation and advanced equipment to mitigate the impact of these shortages. The material handling-equipment market is witnessing a shift towards automated solutions, such as robotic systems and automated storage and retrieval systems, which can operate with minimal human intervention. This trend is expected to drive market growth, as businesses invest in technology to maintain productivity levels. In 2025, it is estimated that the demand for automated material handling solutions will increase by approximately 25%, reflecting the urgent need for efficient operations in the face of labor challenges.

E-commerce Growth

The rapid expansion of e-commerce in the US has a profound impact on the material handling-equipment market. As online shopping continues to gain traction, warehouses and distribution centers are increasingly investing in advanced material handling solutions to enhance efficiency and speed. In 2025, e-commerce sales are projected to reach approximately $1 trillion, necessitating the adoption of automated systems and equipment to manage the growing volume of orders. This trend drives demand for various material handling equipment, including conveyors, automated guided vehicles, and pallet jacks, as businesses strive to optimize their supply chains and meet customer expectations. Consequently, the is likely to experience robust growth. as companies seek to streamline operations and reduce delivery times.

Regulatory Compliance

Regulatory compliance is becoming increasingly critical for businesses operating in the material handling-equipment market. Stricter safety regulations and environmental standards are prompting companies to invest in equipment that meets these requirements. In 2025, it is anticipated that the market will see a surge in demand for equipment designed with safety features and energy-efficient technologies. This shift not only helps companies comply with regulations but also enhances their reputation and operational efficiency. As organizations prioritize compliance, the material handling-equipment market is likely to expand, driven by the need for safer and more sustainable solutions.

Supply Chain Resilience

The need for supply chain resilience is a driving force in the material handling-equipment market. Recent disruptions have highlighted the importance of robust supply chains, prompting companies to invest in equipment that enhances flexibility and adaptability. In 2025, the market is expected to grow as businesses seek to implement solutions that allow for quick adjustments to changing demands. This includes investing in versatile material handling equipment that can accommodate various products and workflows. As organizations focus on building resilient supply chains, the material handling-equipment market is likely to benefit from increased investments in innovative solutions that support operational agility.

Technological Advancements

Technological advancements are reshaping the material handling-equipment market, as innovations in equipment design and functionality enhance operational efficiency. The integration of Internet of Things (IoT) technology into material handling systems allows for real-time monitoring and data analysis, enabling companies to optimize their logistics processes. In 2025, the market for smart material handling equipment is projected to grow by 30%, driven by the increasing need for data-driven decision-making and improved supply chain visibility. As businesses adopt these advanced technologies, they are likely to experience reduced operational costs and increased productivity, further propelling the growth of the material handling-equipment market.

Market Segment Insights

By Type: Storage Equipment (Largest) vs. Transport Equipment (Fastest-Growing)

In the US material handling-equipment market, the segment values are distributed with Storage Equipment holding the largest share, followed by Transport Equipment, Positioning Equipment, and Others. Storage Equipment, due to its critical role in warehouse management and optimization of space, leads the market, while Transport Equipment is gaining traction thanks to innovations in logistics and supply chain efficiency, appealing to modern manufacturing and distribution needs. The growth trends in this market segment are primarily driven by the increasing demand for automation and efficiency in warehouses. As businesses seek to optimize their operations, the focus on advanced Transport Equipment is growing, expected to outpace other segments in growth. This shift is bolstered by advancements in technology, including IoT and robotics, enhancing operational efficiency and prompting investments in Transport Equipment.

Storage Equipment (Dominant) vs. Transport Equipment (Emerging)

Storage Equipment has established itself as the dominant force in the material handling-equipments market, characterized by advanced rack systems, automated storage, and retrieval technologies. Its ability to maximize space utilization while ensuring easy access to goods has reinforced its significance across various sectors. In contrast, Transport Equipment, including conveyors and forklifts, is emerging rapidly as businesses increasingly adopt automation to streamline logistics. The growing e-commerce sector and the demand for quicker delivery times drive innovation in this area, making Transport Equipment vital for efficient materials movement. Both segments are pivotal, yet they cater to varying operational needs, shaping the landscape of the material handling equipment market.

By Industry: Consumer Goods & Electronics (Largest) vs. Food & Beverages (Fastest-Growing)

In the US material handling-equipment market, Consumer Goods & Electronics segment holds the largest market share, driven by the continued demand for efficient logistics solutions within fast-paced retail and e-commerce sectors. The Automotive and Food & Beverages segments also represent significant portions of the market, reflecting the crucial role of handling equipment in assorted manufacturing and distribution processes. In terms of growth trends, the Food & Beverages segment is emerging as the fastest-growing area due to increasing consumer demand for diverse food products and an emphasis on supply chain efficiency. Additionally, evolving regulations in the Pharmaceutical sector support innovation and investment in advanced handling technologies, enhancing overall market dynamism.

Consumer Goods & Electronics (Dominant) vs. Food & Beverages (Emerging)

The Consumer Goods & Electronics segment is characterized by robust demand stemming from the retail sector's growth and innovation in logistics automation. This segment's dominance is influenced by advancements in e-commerce, requiring enhanced handling solutions. In contrast, the Food & Beverages segment is rapidly emerging, fueled by trends like health-conscious consumerism and an expectation for quick delivery, compelling manufacturers to invest in efficient handling systems. This dynamic suggests an increasing overlap in technologies used in both segments, with automated solutions becoming central to fulfilling customer expectations.

Get more detailed insights about US Material Handling Equipment Market

Key Players and Competitive Insights

The material handling-equipment market in the US is characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for automation in logistics and warehousing. Key players such as Toyota Industries (Japan), Crown Equipment Corporation (US), and Hyster-Yale Materials Handling (US) are strategically positioned to leverage innovation and operational efficiency. Toyota Industries (Japan) focuses on integrating advanced robotics into their equipment, enhancing productivity and safety. Meanwhile, Crown Equipment Corporation (US) emphasizes digital transformation, offering smart solutions that optimize warehouse operations. Hyster-Yale Materials Handling (US) is actively pursuing partnerships to expand its product offerings and enhance customer service, thereby shaping a competitive environment that prioritizes technological integration and customer-centric solutions.The market structure appears moderately fragmented, with several players competing for market share through localized manufacturing and supply chain optimization. Companies are increasingly localizing their production to reduce lead times and enhance responsiveness to customer needs. This strategy not only improves operational efficiency but also allows for better alignment with regional market demands. The collective influence of these key players fosters a competitive atmosphere where innovation and customer service are paramount, driving the overall growth of the market.

In October Toyota Industries (Japan) announced the launch of a new line of automated guided vehicles (AGVs) designed for high-density warehousing. This strategic move is significant as it aligns with the growing trend towards automation in material handling, allowing customers to enhance operational efficiency while reducing labor costs. The introduction of these AGVs is expected to strengthen Toyota's market position by addressing the increasing demand for automated solutions in logistics.

In September Crown Equipment Corporation (US) unveiled its latest software platform aimed at improving fleet management and operational visibility for its customers. This development is crucial as it reflects the company's commitment to digital transformation, enabling clients to optimize their material handling processes through data-driven insights. By enhancing fleet management capabilities, Crown is likely to attract a broader customer base seeking to improve efficiency and reduce operational costs.

In August Hyster-Yale Materials Handling (US) entered into a strategic partnership with a leading technology firm to develop AI-driven solutions for predictive maintenance in material handling equipment. This collaboration is indicative of the industry's shift towards integrating advanced technologies to enhance equipment reliability and reduce downtime. By leveraging AI, Hyster-Yale aims to provide customers with innovative solutions that not only improve performance but also extend the lifespan of their equipment.

As of November the is witnessing trends that emphasize digitalization, sustainability, and AI integration.. Companies are increasingly forming strategic alliances to enhance their technological capabilities and market reach. The competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability. This shift suggests that companies that prioritize technological advancements and customer-centric solutions will be better positioned to thrive in the evolving landscape.

Key Companies in the US Material Handling Equipment 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.

Future Outlook

US Material Handling Equipment Market Future Outlook

The material handling-equipment market is projected to grow at a 5.07% CAGR from 2025 to 2035, driven by automation, e-commerce expansion, and sustainability initiatives.

New opportunities lie in:

  • Development of automated guided vehicles (AGVs) for warehouse efficiency.
  • Integration of IoT technology for real-time inventory management.
  • Expansion of electric material handling equipment to meet sustainability goals.

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

Market Segmentation

US Material Handling Equipment Market Type Outlook

  • Transport Equipment
  • Positioning Equipment
  • Storage Equipment
  • Others

US Material Handling Equipment Market Industry Outlook

  • Consumer Goods & Electronics
  • Automotive
  • Food & Beverages
  • Pharmaceutical
  • Construction
  • Mining
  • Semiconductors
  • Others

Report Scope

MARKET SIZE 2024 34120.32(USD Million)
MARKET SIZE 2025 35850.22(USD Million)
MARKET SIZE 2035 58799.17(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 5.07% (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 Million
Key Companies Profiled Toyota Industries (JP), Kion Group (DE), Crown Equipment Corporation (US), Jungheinrich AG (DE), Hyster-Yale Materials Handling (US), Mitsubishi Logisnext (JP), Daifuku Co., Ltd. (JP), SSI Schaefer (DE), Honeywell Intelligrated (US)
Segments Covered Type, Industry
Key Market Opportunities Integration of automation and robotics enhances efficiency in the material handling-equipment market.
Key Market Dynamics Technological advancements drive efficiency and automation in the material handling-equipment market, reshaping competitive dynamics.
Countries Covered US
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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.

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