Key Findings
The North American market of material handling equipment is evaluated to record a CAGR of 3.84% over the projected period, 2020-2028. The automated intralogistics for e-commerce are supporting the market growth in the region apart from automated warehouses and distribution centers. The manufacturing companies of both, durable and non-durable goods, are adopting substantial assembly lines in their manufacturing process to meet demand.

Market Insights
In order to analyze the material handling equipment market further, the North America market region is segregated into the US and Canada. The growing freight and logistics market in Canada is one of the reasons for market growth. The manufacturing industry forms the foundation of Canada’s modern economy, representing more than 10% of total GDP. The manufacturing exhibits tremendous potential for Canada’s economic future. The technological advancements are changing the way goods are produced and handled. The Canadian storage and warehouse leasing industry is improving, which has led to the increased per capita income, together with the demand for additional space for storing purchases. The manufacturers are investing in research, transforming new discoveries into advanced products and technologies, and connecting research and the market. The steady investments in innovation and advanced material handling equipment by the manufacturers have been a significant factor in the growth of the market in the region.

Competitive Insights
Crown Equipment Corporation, Crown Equipment Corporation , Dematic NV, CLARK Material Handling Company, TGW Logistics Group, etc. are some of the leading companies operating in the market.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments