U.S. Material Handling Integration Market Size & Outlook
U.S. material handling integration market, 2018-2030 (US$M)
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U.S. material handling integration market highlights
- The U.S. material handling integration market generated a revenue of USD 9,327.7 million in 2023 and is expected to reach USD 18,569.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 10.3% 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 9,327.7 million |
| Market revenue in 2030 | USD 18,569.1 million |
| Growth rate | 10.3% (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, U.S. accounted for 20.6% 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 North America, U.S. material handling integration market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 3,015.8 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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U.S. 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 67.08% in 2023. Horizon Databook has segmented the U.S. material handling integration market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. has a well-established technological infrastructure thanks to the presence of IT giants such as Google, Microsoft, and Meta. According to the 2023 technology and innovation report by the United Nations Conference on Trade and Development (UNCTAD).
The U.S. ranked first in the frontier technologies readiness index in 2022. The U.S. also held the top spot in terms of publications related to robotics published between 2000 and 2021, leading with 69,909 of a total of 276,027.
The developed technological infrastructure and growing investments in R&D related to technologies such as robotics are likely to boost the adoption of material handling integration solutions in the country. In January 2021.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. material handling integration market , including forecasts for subscribers. This country databook contains high-level insights into U.S. material handling integration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. material handling integration market size, by component, 2018-2030 (US$M)
U.S. Material Handling Integration Market Outlook Share, 2023 & 2030 (US$M)
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