Material-handling equipment

Global Material Handling Equipment Strategic Industry Report 2023: Market to Reach $193 Billion by 2030 from $127 Billion in 2022 - Trend Towards Industry 4.0 Redefines the Market - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 5, 2023

The "Material Handling Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Material Handling Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Material Handling Equipment estimated at US$127.7 Billion in the year 2022, is projected to reach a revised size of US$193 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2022-2030.
  • The report provides insights into the material handling equipment industry's growth drivers, technology trends, and the impact of GDP growth.
  • The competitive landscape is analyzed, showcasing the top players in the global material handling systems market and their total revenues in 2018.

Generational Equity Advises Balar Holding Corp. in its Sale to Industrial Truck & Equipment

Retrieved on: 
Wednesday, September 14, 2022

Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Balar Holding Corp. (dba Balar Equipment) to Industrial Truck & Equipment, LLC.

Key Points: 
  • Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Balar Holding Corp. (dba Balar Equipment) to Industrial Truck & Equipment, LLC.
  • Located in Phoenix, Arizona, Balar Equipment (Balar) is a leading dealer of refuse truck bodies, hydraulic tools, and customized truck bodies used for street, water, and sewer maintenance in the State of Arizona.
  • The majority of revenue is generated from the sale of equipment.
  • Generational Equity , Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors , Generational Consulting Group , and DealForce are part of the Generational Group , which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.

Sport Utility Vehicle (SUV) Market to Perceive Huge Growth of USD 105.25 Billion and is Likely to Touch CAGR of 14.88% by 2029 | Industry Analysed by Size, Share, Growth, Trends & Competitive Analysis

Retrieved on: 
Wednesday, August 10, 2022

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.

Key Points: 
  • Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
  • We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
  • Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
  • Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude.

Global Material Handling Equipment Industry (2020 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 16, 2021

The "Material Handling Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Material Handling Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • Amid the COVID-19 crisis, the global market for Material Handling Equipment estimated at US$125.7 Billion in the year 2020, is projected to reach a revised size of US$171.1 Billion by 2027, growing at a CAGR of 4.5% over the analysis period 2020-2027.
  • Conveying Equipment, one of the segments analyzed in the report, is projected to record a 4.2% CAGR and reach US$50.1 Billion by the end of the analysis period.
  • The U.S. Market is Estimated at $33.3 Billion, While China is Forecast to Grow at 6.6% CAGR
    The Material Handling Equipment market in the U.S. is estimated at US$33.3 Billion in the year 2020.

Global Forklift Tires Market (2021 to 2026) - Growth, Trends, COVID-19 Impact, and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 4, 2021

Companies in the forklift tires market are improving their machining capabilities to modify existing tooling according to different hub designs.

Key Points: 
  • Companies in the forklift tires market are improving their machining capabilities to modify existing tooling according to different hub designs.
  • Increased R&D activities are likely to boost the forklift tires market as innovations and new manufacturing processes are occupying positive demand in the market.
  • So, flexibility in manufacturing processes is playing a key role in accommodating last-minute design changes in the forklift tires market.
  • China is expected to play a significant role in the development of forklift tires due to the increased demand, as industrialization and rapid urbanization are boosting the growth of the forklift tires market.

Norlift of Oregon Becomes Premiere Stocking Distributor for Hannibal Industries as eCommerce and Warehouse Demand Grows

Retrieved on: 
Wednesday, August 4, 2021

Hannibal Industries, one of the largest steel pallet rack manufacturers in the U.S., today announced that Norlift of Oregon, a material handling supplier serving the Oregon and Southwest Washington region, has become its most recent Premiere Stocking Distributor.

Key Points: 
  • Hannibal Industries, one of the largest steel pallet rack manufacturers in the U.S., today announced that Norlift of Oregon, a material handling supplier serving the Oregon and Southwest Washington region, has become its most recent Premiere Stocking Distributor.
  • As Hannibals Premiere Stocking Distributor, Norlift currently carries more than 400,000 pounds of Hannibal steel available on-site that includes: pallet rack, cantilever rack and accessories.
  • Since then, Norlift has expanded and become a material handling solutions supplier, offering warehouse solutions that includes rack layout and installation projects to warehouse supplies.
  • To stay connected to Hannibal, please visit: www.hannibalindustries.com , on Twitter @HannibalRack, on the Hannibal Rack YouTube channel and on LinkedIn.

North American Crane Bureau Adds New Contracts with Petrochemical & Energy Companies Westlake Petrochemical and Dominion Energy

Retrieved on: 
Wednesday, August 4, 2021

The Westlake Petrochemical programs will begin in August and consist of multiple crane operator training programs.

Key Points: 
  • The Westlake Petrochemical programs will begin in August and consist of multiple crane operator training programs.
  • Dominion's chosen programs include multiple levels of rigging to prepare for NCCER basic, intermediate and advanced rigger certifications.
  • "We have a long-standing relationship with Petrochemical and Energy companies throughout our 35-year history."
  • "Our trainers have extensive experience in our lift industry specific to the energy industry, petrochemical facilities, offshore platforms and wherever lift equipment is located."

BSLBATT Lithium Launches Next Generation PALLET JACK Series Industrial Lithium Batteries for End Riders & Center Riders

Retrieved on: 
Friday, July 30, 2021

Wisdom Industrial Power Co., Ltd. ("BSL Battery"), a developer, manufacturer and integrator of advanced lithium-ion industrial batteries for the material handling industry and industrial equipment, today Announced the launch of the next generation PALLET JACK Series lithium-ion battery pack.

Key Points: 
  • Wisdom Industrial Power Co., Ltd. ("BSL Battery"), a developer, manufacturer and integrator of advanced lithium-ion industrial batteries for the material handling industry and industrial equipment, today Announced the launch of the next generation PALLET JACK Series lithium-ion battery pack.
  • We've added the PALLET JACK Series lithium batteries to better serve the needs of our customers in this specific segment of material handling equipment.
  • These lithium batteries are made for electric 4500-lb pallet jacks (Class III lift trucks).
  • BSLBATT lithium is one of the largest developers, manufacturers and integrators of lithium-ion batteries for forklift trucks in the China.

Applied Manufacturing Technologies Successfully Installs State-of-the-Art Automated Production and Material Handling Solutions at Meat Processor Wolverine Packing Co.

Retrieved on: 
Wednesday, July 28, 2021

The projects were implemented at the company's South plant and at its new 180,000 square feet Forest Park meat processing and freezing facility.

Key Points: 
  • The projects were implemented at the company's South plant and at its new 180,000 square feet Forest Park meat processing and freezing facility.
  • "The upgrades and new lines have allowed us to increase production and maintain flexibility in our system for future expansion.
  • AMT designed and installed upgraded conveyors and material handling equipment in the Wolverine South plant, an existing site running two shifts of production six days per week.
  • Founded in 1989, Applied Manufacturing Technologies is an industry leader in robot automation engineering , manufacturing systems integration , and turnkey industrial controls globally.

Proterra battery technology to power Taylor Machine Works next-generation electric material handling equipment

Retrieved on: 
Thursday, July 22, 2021

Proterra will supply battery technology to power Taylors next-generation material handling equipment, and the two companies will collaborate on strategies to deliver charging and infrastructure solutions to help ports and other customers electrify their heavy-duty, material handling machinery.

Key Points: 
  • Proterra will supply battery technology to power Taylors next-generation material handling equipment, and the two companies will collaborate on strategies to deliver charging and infrastructure solutions to help ports and other customers electrify their heavy-duty, material handling machinery.
  • We are excited to partner with a trusted, industry-leader like Taylor and deliver our proven EV technology to power the next generation of material handling machines.
  • Our commitment to the electric market for material handling and container handling equipment will be a strategic engineering collaboration between Taylor and Proterra.
  • We are excited to continue the high standards of manufacturing material handling equipment with the Battery Electric Gen 2-ZLC Series Container handlers powered by Proterras best-in-class battery technology, commented Hal Nowell, Director of Sales for Taylor Machine Works, Inc.
    Electrification of mobile material handling equipment is an exciting and challenging effort but is also developing very quickly.