Market revenue in 2023 | USD 3,738.0 million |
Market revenue in 2030 | USD 6,252.3 million |
Growth rate | 7.6% (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 |
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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 68.73% in 2023. Horizon Databook has segmented the Germany material handling integration market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Prominent material handling integration market players such as Jungheinrich AG, KION GROUP AG, and SSI SCHAEFER are based in Germany. Moreover, Germany has a booming Robotics & Automation (R&A) industry. According to the International Federation of Robotics (IFR), in 2021, the number of installed robots in Germany grew by 6% to 23,777 new units.
Owing to the promising growth prospects offered by the German market, material handling integration companies are focusing on expanding their presence in Germany. For instance, in February 2023, KION GROUP AG announced that it was building a new automated spare parts distribution center in Aschaffenburg, Germany.
The distribution center, expected to be ready by 2025, would have a floor space of around 22,000 square meters. The distribution center would feature material handling integration solutions such as conveyors and Autonomous Mobile Robots (AMRs) to reduce processing times and improve customer service.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany material handling integration market , including forecasts for subscribers. This country databook contains high-level insights into Germany material handling integration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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