France Material Handling Equipment Market Size & Outlook
France material handling equipment market, 2018-2030 (US$B)
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France material handling equipment market highlights
- The France material handling equipment market generated a revenue of USD 10.1 billion in 2023 and is expected to reach USD 14.1 billion by 2030.
- The France market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, cranes & lifting equipment was the largest revenue generating product in 2023.
- Racking & Storage Equipment is the most lucrative product segment registering the fastest growth during the forecast period.
Material handling equipment market data book summary
| Market revenue in 2023 | USD 10.1 billion |
| Market revenue in 2030 | USD 14.1 billion |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Cranes & lifting equipment |
| Fastest growing segment | Racking & Storage Equipment |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Cranes & Lifting Equipment, Industrial Trucks, Continuous Handling Equipment, Racking & Storage Equipment |
| Key market players worldwide | Daifuku Co Ltd, Honeywell International Inc, KION GROUP AG, Murata Manufacturing Co Ltd, SSI Schaefer Systems International North America, Swisslog, Toyota Industries Corp, BEUMER Group, Interlake Mecalux, Vanderlande |
Other key industry trends
- In terms of revenue, France accounted for 4.3% of the global material handling equipment market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany material handling equipment market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 21.1 billion by 2030.
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Material Handling Equipment Market Scope
Material Handling Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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France material handling equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to material handling equipment market will help companies and investors design strategic landscapes.
Cranes & lifting equipment was the largest segment with a revenue share of 36.63% in 2023. Horizon Databook has segmented the France material handling equipment market based on cranes & lifting equipment, industrial trucks, continuous handling equipment, racking & storage equipment covering the revenue growth of each sub-segment from 2018 to 2030.
France material handling equipment market is expected to grow at an exponential rate over the forecast period on account of the rise in the production and manufacture of automotive vehicles, aviation, food, textiles, chemicals, electronics, and others. The country contains some of the major automotive players such as Valeo, Buggati, and Renault globally.
Moreover, in the chemical industry, France manufactures fundamental organics, medicines, chemicals, fragrances, and other items. Thus, the growth in the chemical industry drives the market growth for MHE. The material handling equipment market in France is anticipated to increase as a result of the expanding aviation sector.
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Our clientele includes a mix of material handling equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the France material handling equipment market , including forecasts for subscribers. This country databook contains high-level insights into France material handling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France material handling equipment market size, by product, 2018-2030 (US$B)
France Material Handling Equipment Market Outlook Share, 2023 & 2030 (US$B)
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