Observed Signal · Oct 8, 2026 · Market Forecast · Source: PR Newswire: Technology News · Impact: 1/5 · Sentiment: Positive
Global Material Handling Equipment Market to Grow 5.5% CAGR
Maximize Market Research forecasts the Global Material Handling Equipment Market will grow from USD 255.80 billion in 2025 to USD 414.16 billion by 2034, achieving a CAGR of 5.5% during 2026–2034. Growth is driven by e-commerce expansion, warehouse automation, and smart manufacturing. Key trends include adoption of AI-powered robotics, AGVs, AMRs, electric forklifts, and IoT-enabled equipment. Asia-Pacific leads the market, supported by industrial growth in China, India, and Southeast Asia. Recent developments include Daifuku's new Tokyo Lab for AI and robotics and its SOTR-F forklift AMR launch. The market features key players like KION Group, SSI SCHAEFER, Toyota Industries, and Dematic.
This is a market research report about material handling equipment, which is related to logistics infrastructure but not directly about advertising technology, marketing technology, or media. It has minimal direct relevance to the AdTech/MarTech industry.
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Key Takeaways & Evidence Grounding
- Market to grow from USD 255.80B in 2025 to USD 414.16B by 2034 at a CAGR of 5.5%.
- Daifuku opened its Tokyo Lab in Japan on March 11, 2026 for AI and robotics innovation.
- Daifuku introduced the SOTR-F forklift autonomous mobile robot (AMR) with a 1-meter turning radius.
- India's material handling equipment demand is projected to increase from 122,000 to 283,000 units from FY2025 to FY2030.
- Asia-Pacific is the leading market region, driven by e-commerce and manufacturing expansion.
Ontology Mapping & Concepts
Related Market Signals & Shifts
Recent verified developments and strategic activity across this market segment.
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