China Material Handling Integration Market Size & Outlook
China material handling integration market, 2018-2030 (US$M)
Related Markets
China material handling integration market highlights
- The China material handling integration market generated a revenue of USD 8,796.7 million in 2023 and is expected to reach USD 13,972.8 million by 2030.
- The China market is expected to grow at a CAGR of 6.8% 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 8,796.7 million |
| Market revenue in 2030 | USD 13,972.8 million |
| Growth rate | 6.8% (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, China accounted for 19.4% 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 Asia Pacific, China material handling integration market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,195.3 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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China 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 70% in 2023. Horizon Databook has segmented the China material handling integration market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
China is among the global Research and Development (R&D) leaders in advanced technologies. According to the United Nations Conference on Trade and Development (UNCTAD)’s technology and innovation report 2023, between 2000 and 2021, China held the dominant position in generating patents on frontier technologies such as the Internet of Things (IoT).
Artificial Intelligence (AI), and big data, producing a total of 536,115 patents. China’s industrial sector is among the largest worldwide. According to the State Council Information Office of China (SCIO), Moreover, equipment and high-tech manufacturing grew by 5.6% and 7.4%, respectively. The growing industrial output and high investment in R&D are expected to boost the adoption of material handling integration systems in China.
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Our clientele includes a mix of material handling integration market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China material handling integration market , including forecasts for subscribers. This country databook contains high-level insights into China material handling integration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China material handling integration market size, by component, 2018-2030 (US$M)
China Material Handling Integration Market Outlook Share, 2023 & 2030 (US$M)
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