United States Material Handling Market Size, Share, Opportunities, And Trends By Products (Automated Guided Vehicles, Automated Storage And Retrieval Systems, Trucks And Lifts, Cranes, Conveyor Systems, Others), By Application (Warehousing And Distribution, Airport Baggage Handling, Bulk Handling, Postal And Parcel Delivery, Assembly, Packaging), By Industry Vertical (Manufacturing, Healthcare, Chemical, Paper, Food And Beverage, Warehousing, Other), And By States - Forecasts From 2024 To 2029
- Published : Dec 2024
- Report Code : KSI061610121
- Pages : 165
The United States Material Handling Market is estimated to reach US$60.187 billion by 2030 from US$46.811 billion in 2025, growing at a CAGR of 5.16%.
Material handling is s systematic process that aims to efficiently manage the manufacturing, warehousing, and logistics landscape. Through material handling, the raw materials or goods are moved to the manufacturing sites, and finished products are stored and transported efficiently.
One of the major factors pushing the United States material handling market’s growth is the increasing industrial production capability of the nation. The USA is among the biggest industrial manufacturers globally and produces a wide range of products.
Similarly, the growth of the nation's chemical industry production will also propel its material handling market. The American Chemistry Council, Inc., in its report, stated that in August 2024, the production of major plastic resins reached 8.9 billion pounds, which marked an increase of about 6.9% from July 2024. The total production of major plastic resins in the nation witnessed an increase of about 5.7% in August 2024 compared to August 2023. The association further stated that the production of total resin in 2022 was recorded at 125,490 million pounds, which increased to 130,115 million pounds in 2023.
What are the United States material handling market growth drivers?
- Growing automotive production in the country
The growth of automotive production in the nation is a key factor pushing the USA material handling market forward. This growth is owing to the rising demand for material-handling conveyors, bucket elevators, forklifts, automated guided vehicles, and other material-handling systems.
According to the International Organization of Motor Vehicle Manufacturers (OICA), in its global production outlook, in 2021, total automotive production in the United States was recorded at 9.157 million units 2021 which increased to 10.052 million in 2022 and further expanded to 10.611 million in 2023.
- Growth of warehousing and distribution sector
Key drivers for United States material handling market growth is the increasing demand for warehousing and distribution, which depend on material handling equipment for the supply chain to function well, and the process uses several manual, semi-automated, and automated tools and systems. The number of accidents and injuries on the warehouse floor can be drastically decreased by providing the proper material handling equipment. Consequently, the productivity of warehouses is also potentially increased by the technology's ongoing improvements which has provided new growth opportunities.
The United States is witnessing an increasing trend toward warehousing and distribution, thereby utilizing material handling equipment for diverse applications. A standard definition of material handling in a warehouse setting is the movement, security, storage, and management of materials and products throughout production, warehousing, consumption, distribution, and disposal. To improve the supply chain and functioning, the process uses a variety of manual, semi-automated, and automated tools and systems.
Booming e-commerce operations have created opportunities for supply chain equipment companies to flourish, which propelled the utilization of automation and material handling technology in warehouse logistics. Furthermore, the increase in warehousing and storage establishments will also provide a potential opportunity for the material handling market growth in the United States. Following this, the Bureau of Labor Statistics reported an increase in the number of establishments in the private warehousing and storage sector from 21,287 in 2022 to 22,049 in 2023 in the United States.
In addition, by incorporating new formats and chances to reach consumers across the country, companies are broadening the concept of material handling with revolutionary initiatives. Likewise, customers' demand for material handling is always evolving, particularly in same-day delivery, erratic product volumes, and personalization. However, because of a growth in warehouses and the necessity for locations closer to clients, producers must deal with shorter total lead times and more sophisticated logistics. This results in large corporations expanding their technological breakthroughs to advance and improve their market share in the coming years.
- Growing airport landscape in the nation
The nation witnessed a significant growth in its total airport landscape, in which the material handling system plays a critical role in managing the luggage. Texas also accounts for one of the largest strengths of airport facilities in the United States. With the ongoing investment in new establishments, the frequency will show positive growth. According to the National Plan of Integrated Airport System (NPIAS), Texas’s total airport strength was 2,080 in 2022, of which 1,686 were meant for private use and 394 for public use. With such high airport strength and investment in chemical and manufacturing facilities expansion, the scope of material handling is poised for a positive expansion in Texas.
The United States Material Handling Market is analyzed into the following segments:
- By Product
- Automated Guided Vehicles
- Automated Storage and Retrieval Systems
- Trucks and Lifts
- Cranes
- Conveyor System
- Others
- By Application
- Warehousing and Distribution
- Airport Baggage Handling
- Bulk Handling
- Postal and Parcel Delivery
- Assembly
- Packaging
- By Industry Vertical
- Manufacturing
- Healthcare
- Chemical
- Paper
- Food and Beverage
- Others
- By States
- California
- Texas
- Ohio
- Illinois
- Pennsylvania
- Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key benefits for the stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. UNITED STATES MATERIAL HANDLING MARKET BY PRODUCT
5.1. Introduction
5.2. Automated Guided Vehicles
5.3. Automated Storage and Retrieval Systems
5.4. Trucks and Lifts
5.5. Cranes
5.6. Conveyor System
5.7. Others
6. UNITED STATES MATERIAL HANDLING MARKET BY APPLICATION
6.1. Introduction
6.2. Warehousing and Distribution
6.3. Airport Baggage Handling
6.4. Bulk Handling
6.5. Postal and Parcel Delivery
6.6. Assembly
6.7. Packaging
7. UNITED STATES MATERIAL HANDLING MARKET BY INDUSTRY VERTICAL
7.1. Introduction
7.2. Manufacturing
7.2.1. Warehousing and Distribution
7.3. Healthcare
7.3.1. Warehousing and Distribution
7.4. Chemical
7.4.1. Warehousing and Distribution
7.5. Paper
7.5.1. Warehousing and Distribution
7.6. Food and Beverage
7.6.1. Warehousing and Distribution
7.7. Others
8. UNITED STATES MATERIAL HANDLING MARKET BY STATES
8.1. Introduction
8.2. California
8.3. Texas
8.4. Ohio
8.5. Illinois
8.6. Pennsylvania
8.7. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. BEUMER Group
10.2. Murata Machinery USA, Inc. (Murata Machinery Ltd.)
10.3. Daifuku North America Holding Company (Daifuku Co., Ltd.)
10.4. Kardex Group
10.5. JBT Corporation
10.6. KUKA Systems North America LLC (Midea Group)
10.7. Honeywell International Inc.
10.8. Bastian Solutions, LLC (Toyota Industries)
10.9. Dematic (KION Group)
10.10. Crown Equipment Corporation
10.11. Hyster-Yale Material Handling (NACCO Industries)
10.12. SSI SCHAEFER Group
10.13. Siemens Logistics GmbH (Siemens AG)
BEUMER Group
Murata Machinery USA, Inc. (Murata Machinery Ltd.)
Daifuku North America Holding Company (Daifuku Co., Ltd.)
Kardex Group
JBT Corporation
KUKA Systems North America LLC (Midea Group)
Honeywell International Inc.
Bastian Solutions, LLC (Toyota Industries)
Dematic (KION Group)
Crown Equipment Corporation
Hyster-Yale Material Handling (NACCO Industries)
SSI SCHAEFER Group
Siemens Logistics GmbH (Siemens AG)
Related Reports
Report Name | Published Month | Download Sample |
---|---|---|
Mexico Material Handling Market Size: Industry Report, 2023 - 2028 | Jun 2023 | |
Canada Material Handling Market Insights: Share, Forecast 2030 | Dec 2024 |