Material Handling Equipment

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The Material Handling Equipment (MHE) market involves the manufacture and sale of a diverse range of mechanical equipment used for the movement, storage, control, and protection of materials throughout the manufacturing, warehousing, distribution, consumption, and disposal processes. Key equipment segments include transport equipment (like conveyor systems, Automated Guided Vehicles/AGVs, and industrial trucks/forklifts), positioning equipment, unit load formation equipment, and storage/racking equipment. (2026-2033)

Global Material Handling Equipment market is poised for strong expansion. The market value is projected to grow from approximately USD 252.53 billion in 2025 to roughly USD 418.5 billion by 2033. This growth is represented by a Compound Annual Growth Rate (CAGR) of around 6.4% during the forecast period, reflecting high investment in automation and industrial modernization globally.

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