Asia-Pacific Material Handling Equipment Market - Industry Trends and Forecast to 2030
Asia-Pacific Material Handling Equipment Market, By Product (Port Solution, Lift Truck Above 10 T, ETO, LLE, CTO, and Service (ETO, LLE, CTO)),, Country (China, India, Japan, Malaysia, Singapore, Hong Kong, Vietnam, Australia, Taiwan, Indonesia, Thailand, Philippines, New Zealand, Bangladesh, Myanmar, Cambodia, Laos, Rest Of Asia-Pacific), Industry Trends and Forecast to 2030.
Market Definition
The material handling equipment facilitates the movement, storage, and control of products and materials throughout the warehousing, manufacturing, distribution, consumption, and disposal processes. These machines enable the fast movement of heavy materials and large volumes of goods efficiently. The material handling equipment reduces the need for human intervention in industrial facilities by automating several processes. These generally include LLE, CTO, PNC, lift trucks, and port solutions. Material handling equipment is utilized in the manufacturing, packaging, shipping, and distribution industries, and it is divided into four categories: positioning equipment, transport equipment, unit load formation equipment, and storage equipment. The items and materials must be sorted in order, which is why a sortation conveyor system is one of the most effective pieces of equipment in the industry.
A car parking system is a technology that regulates parking in order to reduce the amount of space necessary for parking. A car parking system is a design that reduces the amount of space needed for car parking. Car parking systems are utilized to produce multi-story parking structures that increase the number of parking places while lowering the amount of area needed for parking lots. A dock leveler is an equipment that is used to bridge the gap between the loading vehicle and the dock or warehouse floor. A dock leveler has a metal plate which is called a lip which can be either hinged or telescopic. They are operated either hydraulically or manually. It is extensively used in a warehouse where loading and unloading work is done.
Market Segmentation
The asia-Pacific material handling equipment market is segmented into one segment, which is based on components.
• On the basis of product, the Asia-Pacific material handling equipment market has been segmented into LLE ((light lifting equipment), including (workstation lifting systems, modular cranes, manual chain blocks, electric chain hoists, jib cranes, light crane systems (KBK)), CTO ((configured-to-order cranes) includes industrial cranes, universal cranes, standard electric overhead traveling cranes), ETO(it includes engineered-to-order cranes (ETO)), lift trucks above 10 T, port solutions, and Service (ETO, LLE, CTO)
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Market Players
Some of the major players operating in the Asia-Pacific material handling equipment market are:
• Weihua Group
• Manitou.com
• Komatsu
• LIEBHERR
• Sumitomo Heavy Industries, Ltd.
• Konecranes
• The Manitowoc Company, Inc.
• Linde Material Handling (A Subsidiary of Linde Group)
• Hyster-Yale Materials Handling, Inc.
• TOYOTA INDUSTRIES CORPORATION
• Zoomlion Heavy Industry Science& Technology Co., Ltd.
• IHI Corporation
• Doosan Industrial Vehicle, Shanghai Zhenhua Heavy IndustriesCo., Ltd. (ZPMC)
• SANY Group
• MITSUBISHI LOGISNEXT CO., LTD. (SUBSIDIARY OF MITSUBISHI HEAVY INDUSTRIES, LTD.)
• Paree Crane India Private Limited
• MPH Cranes (Far-East) Pte Ltd.
• ABUS Kransystem GmbH
• Sam Technology Engineers
• Amsak Cranes Private Limited
• STAHL CraneSystems GmbH
• Mazzella Companies
• ELECTROMECH MATERIAL HANDLING SYSTEMS (INDIA) PVT. LTD.
• LOADMATE
• COMBILIFT
• GORBEL INC.
• Reva Industries India Pvt. Ltd.
• GH CRANES & COMPONENTS
• Eilbeck Cranes
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