Material Handling Equipment Telematic Market Report: Trends, Forecast and Competitive Analysis to 2030

Material Handling Equipment Telematic Market Report: Trends, Forecast and Competitive Analysis to 2030

Material Handling Equipment Telematic Trends and Forecast

The future of the global material handling equipment telematic market looks promising with opportunities in the manufacturing, logistics & warehousing, construction, and automotive markets. The global material handling equipment telematic market is expected to reach an estimated $9.7 billion by 2030 with a CAGR of 11.1% from 2024 to 2030. The major drivers for this market are increasing demand for cloud based telematics in industries and rapid automation in warehouse and e-commerce logistics.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Material Handling Equipment Telematic by Segment

The study includes a forecast for the global material handling equipment telematic by equipment type, solution, end use industry, and region.

Material Handling Equipment Telematic Market by Equipment Type [Shipment Analysis by Value from 2018 to 2030]:

• Aerial Work Platform
• Forklift
• Crane
• Earthmoving Equipment
• Truck
• Tractor
• Telehandler
• Others

Material Handling Equipment Telematic Market by Solution [Shipment Analysis by Value from 2018 to 2030]:

• Asset Tracking
• Fleet Management
• Predictive Maintenance
• Others

Material Handling Equipment Telematic Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Manufacturing
• Logistics & Warehousing
• Construction
• Automotive
• Others

Material Handling Equipment Telematic Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Material Handling Equipment Telematic Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies material handling equipment telematic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the material handling equipment telematic companies profiled in this report include-

• Toyota Industries
• Hyster-Yale Materials Handling
• The Raymond
• Crown Equipment
• Jungheinrich
• Mitsubishi Logisnext
• KION
• Cargotec
• JBT
• Hiab

Material Handling Equipment Telematic Market Insights

Lucintel forecasts that truck is expected to witness highest growth over the forecast period due to its increasing usage in e-commerce sector for goods transportation.

Construction is expected to witness highest growth over the forecast perioddue to significant use of these telematics in constructional projects.

North America is expected to witness highest growth over the forecast period due to availability of technologically automated businesses and existence of the robust it infrastructure in the region.

Features of the Global Material Handling Equipment Telematic Market

Market Size Estimates: Material handling equipment telematic market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Material handling equipment telematic market size by equipment type, solution, end use industry, and region in terms of value ($B).

Regional Analysis: Material handling equipment telematic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different equipment types, solutions, end use industries, and regions for the material handling equipment telematic market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the material handling equipment telematic market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the material handling equipment telematic market size?

Answer: The global material handling equipment telematic market is expected to reach an estimated $9.7 billion by 2030.

Q.2 What is the growth forecast for material handling equipment telematic market?

Answer: The global material handling equipment telematic market is expected to grow with a CAGR of 11.1% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the material handling equipment telematic market?

Answer: The major drivers for this market are increasing demand for cloud based telematics in industries and rapid automation in warehouse and e-commerce logistics.

Q4. What are the major segments for material handling equipment telematic market?

Answer: The future of the material handling equipment telematic market looks promising with opportunities in the manufacturing, logistics & warehousing, construction, and automotive markets.

Q5. Who are the key material handling equipment telematic market companies?

Answer: Some of the key material handling equipment telematic companies are as follows:

• Toyota Industries
• Hyster-Yale Materials Handling
• The Raymond
• Crown Equipment
• Jungheinrich
• Mitsubishi Logisnext
• KION
• Cargotec
• JBT
• Hiab

Q6. Which material handling equipment telematic market segment will be the largest in future?

Answer: Lucintel forecasts that truck is expected to witness highest growth over the forecast period due to its increasing usage in e-commerce sector for goods transportation.

Q7. In material handling equipment telematic market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to availability of technologically automated businesses and existence of the robust it infrastructure in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the material handling equipment telematic market by equipment type (aerial work platform, forklift, crane,earthmoving equipment, truck, tractor, telehandler, and others), solution (asset tracking, fleet management, predictive maintenance, and others), end use industry (manufacturing, logistics & warehousing, construction, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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