Brazil Material Handling Integration Market Size & Outlook
Brazil material handling integration market, 2018-2030 (US$M)
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Brazil material handling integration market highlights
- The Brazil material handling integration market generated a revenue of USD 1,014.8 million in 2023 and is expected to reach USD 1,718.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Material handling integration market data book summary
| Market revenue in 2023 | USD 1,014.8 million |
| Market revenue in 2030 | USD 1,718.8 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Daifuku Co Ltd, Jungheinrich AG Vorz-Inhaber-Akt stimmrechtslos, Cargotec Oyj ADR, KION GROUP AG, Honeywell International Inc, SSI Schaefer Systems International North America, TGW Logistics Group, Murata Manufacturing Co Ltd, Swisslog, KNAPP AG, Fives, Fortna |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.2% of the global material handling integration market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil material handling integration market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,718.8 million by 2030.
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Material Handling Integration Market Scope
Material Handling Integration Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil material handling integration 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 integration market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 65.05% in 2023. Horizon Databook has segmented the Brazil material handling integration market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is the largest economy in South America. According to ABES - Brazilian Association of Software Companies, Brazil's Information Technology (IT) market was valued in 2022.5G adoption in the country s expected to favor the adoption of advanced technologies such as big data and analytics.
Cloud, robotics, and Artificial Intelligence (AI), subsequently favoring the growth of the material handling integration market. Brazil's e-commerce sector is expanding rapidly, driven by special promotions and growing customer preference for convenience.
The COVID-19 pandemic accelerated the growth of online sales in the country. Businesses focusing on monetizing the growth opportunities in the country’s booming ecommerce sector are expected to adopt material handling integration systems to improve e-commerce fulfillment and customer satisfaction.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil material handling integration market , including forecasts for subscribers. This country databook contains high-level insights into Brazil material handling integration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil material handling integration market size, by component, 2018-2030 (US$M)
Brazil Material Handling Integration Market Outlook Share, 2023 & 2030 (US$M)
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