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Global Material Handling Equipment Market to Grow at 5.5% CAGR as Warehouse Automation, E-Commerce Expansion and Smart Material Handling Technologies Gain Momentum, reports Maximize Market Research

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PUNE, India, Oct. 8, 2026 /PRNewswire/ — The Global Material Handling Equipment Market is witnessing steady growth, rising from USD 255.80 Billion in 2025 to an estimated USD 414.16 Billion by 2034, at a CAGR of 5.5% during 2026–2034, according to a new analysis by Maximize Market Research.

Explore 125 market data tables and 70 figures across 316 pages, along with a detailed Table of Contents covering the Global Material Handling Equipment Market.

Global Material Handling Equipment Market Size & Forecast

Market Size (Base Year 2025): USD 255.80 Billion
Forecast Market Size (2034): USD 414.16 Billion
CAGR (2026–2034): 5.5%
Base Year: 2025
Forecast Period: 2026–2034
Historical Period: 2020–2025

Global Material Handling Equipment Market Overview

The Global Material Handling Equipment Market is growing as e-commerce expansion, warehouse automation, manufacturing development, supply-chain modernization, and smart factory adoption increase worldwide. Demand is rising for forklifts, cranes, conveyors, hoists, pallet trucks, stackers, automated storage and retrieval systems (AS/RS), automated guided vehicles (AGVs), and autonomous mobile robots (AMRs). Increasing investment in warehouses, distribution centers, automotive manufacturing, food & beverage processing, pharmaceuticals, and logistics infrastructure is strengthening Material Handling Equipment Market size, market share, demand, growth, trends, and long-term market forecast.

The market is also being shaped by artificial intelligence, robotics, IoT-enabled equipment, predictive maintenance, electric forklifts, automated sorting systems, and energy-efficient material handling solutions. Asia-Pacific remains the leading region, supported by rapid industrialization, e-commerce growth, manufacturing expansion, and warehouse modernization across China, India, and Southeast Asia. Companies are focusing on warehouse robotics, smart equipment, automated storage systems, operational efficiency, workplace safety, and integrated logistics solutions to improve productivity, reduce handling costs, and strengthen market competitiveness.

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The Global Material Handling Equipment Market is gaining momentum as e-commerce growth, industrial automation, and supply-chain modernization increase demand for efficient material movement solutions. Growing adoption of automated storage systems, electric forklifts, AI-powered robotics, AGVs, AMRs, and smart warehouse technologies is creating strong opportunities across manufacturing, logistics, retail, automotive, and e-commerce industries through 2034.

Material Handling Equipment Market Growth Drivers, Opportunities & Key Highlights

The Global Material Handling Equipment Market is expanding as warehouse automation, e-commerce fulfillment, manufacturing growth, supply-chain modernization, and smart factory development increase worldwide. Rising investment in logistics infrastructure, distribution centers, automotive manufacturing, food & beverage, pharmaceuticals, and retail operations is supporting Material Handling Equipment Market size, market share, market demand, growth, trends, and long-term market forecast. Demand is increasing across forklifts, cranes, conveyors, industrial trucks, automated storage and retrieval systems (AS/RS), automated guided vehicles (AGVs), and autonomous mobile robots (AMRs).

New Material Handling Equipment Market opportunities are emerging through AI-powered robotics, smart warehouse systems, IoT-enabled monitoring, predictive maintenance, electric forklifts, lithium-ion battery technology, automated sorting systems, and energy-efficient equipment. Asia-Pacific remains the leading regional market, supported by industrial expansion, e-commerce growth, and warehouse modernization across China, India, and Southeast Asia. North America and Europe are creating further opportunities through industrial automation, robotics adoption, logistics digitalization, and advanced material handling technologies.

Key Market Highlights

USD 255.80 Billion: Material Handling Equipment Market size in 2025USD 414.16 Billion: Projected market size by 20345.5% CAGR: Market growth during 2026–2034122,000 to 283,000 Units: Projected increase in India’s material handling equipment demand from FY2025 to FY2030USD 35 Million: Daifuku’s U.S. intralogistics manufacturing facility expansion investment in 2025Asia-Pacific: Leading Material Handling Equipment Market regionChina and India: Major markets supporting manufacturing expansion and warehouse automationIndustrial Trucks: Product segment expected to hold the largest market share by 2034Forklifts, Conveyors, AS/RS, AGVs and AMRs: Key Material Handling Equipment Market product categoriesAI, Robotics, Electric Forklifts and Smart Warehouse Automation: Major Material Handling Equipment Market trends and opportunities

Japan Material Handling Equipment Market Advances as Daifuku Opens Tokyo Lab for AI and Robotics Innovation

On March 11, 2026, Daifuku opened its Tokyo Lab in Japan to advance AI, robotics, IoT, and digital twin technologies for automated material handling systems. The facility focuses on smart warehouse solutions and autonomous equipment, highlighting growing Japan Material Handling Equipment Market demand for warehouse automation, AI-powered robotics, and advanced logistics technologies.

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The Global Material Handling Equipment Market is segmented by Product, Operation, System Type, End User, and Region.

By Product, Industrial Trucks represent a major segment of the Material Handling Equipment Market, supported by demand for forklifts, pallet trucks, reach trucks, and stackers across manufacturing, warehouses, and logistics. Automated Storage and Retrieval Systems (AS/RS) are gaining adoption through warehouse automation and e-commerce expansion, while Storage and Handling Equipment supports efficient inventory movement. Bulk Material Handling Equipment is widely used in mining, chemicals, agriculture, and construction. Growing adoption of electric equipment, robotics, and smart handling systems is strengthening Material Handling Equipment Market size, market share, demand, and growth through 2034.

By End User, Automotive represents an important segment of the Material Handling Equipment Market, driven by demand for conveyors, industrial trucks, and automated assembly systems. E-commerce is gaining momentum through warehouse automation, faster order fulfillment, and smart logistics solutions. Food & Beverages, Chemical, Semiconductor & Electronics, Aviation, and Pharmaceutical industries also require advanced equipment for safe and efficient material movement. Increasing investment in AGVs, AMRs, automated sorting systems, and AI-powered warehouse technologies is supporting the long-term Material Handling Equipment Market forecast through 2034.

Asia-Pacific Leads the Global Material Handling Equipment Market as Warehouse Automation, Manufacturing Expansion and E-Commerce Growth Strengthen

Asia-Pacific leads the Global Material Handling Equipment Market, supported by rapid industrialization, manufacturing expansion, e-commerce growth, and increasing investment in warehouse automation and logistics infrastructure. China remains a major contributor, with strong demand for forklifts, conveyors, industrial trucks, automated storage and retrieval systems (AS/RS), and warehouse robotics across manufacturing and distribution facilities. India is emerging as a major growth market through expanding logistics networks, smart warehouses, and industrial automation. Rising investment in automated guided vehicles (AGVs), autonomous mobile robots (AMRs), and electric forklifts continues to strengthen Asia-Pacific Material Handling Equipment Market size, market share, demand, and long-term forecast.

North America holds a significant position in the Material Handling Equipment Market, supported by e-commerce fulfillment, warehouse modernization, AI-powered robotics, and supply-chain automation across the United States and Canada. Europe is witnessing growing adoption of automated storage systems, electric industrial trucks, and energy-efficient equipment, supported by Industry 4.0 and sustainable manufacturing initiatives. The Middle East & Africa is expanding through logistics hubs, industrial diversification, infrastructure development, and warehouse investments, particularly in Saudi Arabia and the UAE. South America offers growing Material Handling Equipment Market opportunities through manufacturing expansion, logistics modernization, and increasing automation adoption, supporting global market growth through 2034.

Global Material Handling Equipment Market Competitive Landscape

The Global Material Handling Equipment Market is highly competitive, with leading companies focusing on warehouse automation, AI-powered robotics, electric forklifts, automated storage and retrieval systems (AS/RS), smart logistics, and energy-efficient equipment. Major players include Daifuku, KION Group, SSI SCHAEFER, Toyota Industries, Honeywell International, Hyster-Yale Materials Handling, Jungheinrich, Crown Equipment, Mitsubishi Logisnext, BEUMER Group, Swisslog, TGW Logistics, Mecalux, and Liebherr Group. In 2026, Daifuku opened its Tokyo Lab for AI and robotics research and introduced the SOTR-F forklift AMR, KION Group demonstrated physical AI applications and invested in ZIKOO Robotics, while Dematic introduced advanced warehouse automation and AS/RS solutions, highlighting growing investment in intelligent material handling, autonomous equipment, and supply-chain efficiency.

Global Material Handling Equipment Market Recent Development

In March 2026, Daifuku introduced the SOTR-F forklift autonomous mobile robot (AMR), designed for automated pallet transportation across warehouses and manufacturing facilities. The system features a minimum turning radius of 1 meter, enabling efficient movement in confined spaces. This development highlights growing demand for warehouse automation, autonomous material handling equipment, smart robotics, and efficient logistics solutions in the Global Material Handling Equipment Market.

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Material Handling Equipment Market, Key Players Are:

Daifuku Co., Ltd.KION Group AGSSI SCHAEFERToyota Industries CorporationHoneywell International Inc.Hyster-Yale Materials Handling, Inc.Hanwha CorporationJBT Marel CorporationBEUMER GroupMurata Machinery, Ltd.TGW Logistics Group GmbHMobile Industrial Robots (MiR)inVia RoboticsAvancon SALocus RoboticsAddverb TechnologiesMeidensha Corporation / Meiden AmericaAutomation Logistics CorporationInvata IntralogisticsWestfalia Technologies, Inc.Jungheinrich AGCrown Equipment CorporationMitsubishi Logisnext Co., Ltd.Mecalux, S.A.Liebherr GroupSwisslog Holding AGVanderlande Industries B.V.KNAPP AGWITRON Logistik + Informatik GmbHviastore SYSTEMS GmbHCimcorp GroupInterroll Holding AGColumbus McKinnon CorporationHytrol Conveyor Company, Inc.KUKA AGFives GroupKomatsu Ltd.Manitou GroupHangcha Group Co., Ltd.Anhui Heli Co., Ltd.Clark Material Handling CompanyCombilift Ltd.Cascade CorporationGodrej & Boyce Manufacturing Company LimitedAction Construction Equipment LimitedElettric80 S.p.A.Hanel GmbH & Co. KGEisenmann CorporationBastian SolutionsGeek+

Access Full Summary: https://www.maximizemarketresearch.com/market-report/global-material-handling-equipment-market/28900/ 

Analyst Perspective

The Global Material Handling Equipment Market is growing as warehouse automation, e-commerce expansion, manufacturing development, and supply-chain modernization increase worldwide. Rising adoption of electric forklifts, AGVs, AMRs, and AI-powered robotics is creating new market opportunities. Companies focusing on smart warehouse technologies, automation, energy efficiency, and product innovation are expected to drive Material Handling Equipment Market growth through 2034.

Related Reports:

Material Handling Robotics Market by Product Type, Function, Payload Capacity, Automation Level, Application, End-Use Industry, and Region – Global Forecast to 2034.

Automated Material Handling Equipment Market by Product, Function, Industry, and Region – Global Forecast to 2034.

Material Handling Equipment Telematics Market by Product and Region – Global Forecast to 2034.

Warehouse Management System Market by Component, Deployment, Function, End-User Industry, and Region – Global Forecast to 2034.

Warehouse Automation System Market by Component, Application, End-Use, and Region – Global Forecast to 2034.

Warehouse Execution System Market by Component, Deployment, End User, and Region – Global Forecast to 2034.

Warehouse Racking Market by Type, Carrying Capacity, Application, and Region – Global Forecast to 2034.

Mining Waste Management Market by Mining Method, Metals, Waste Type, and Region – Global Forecast to 2034.

Gold Mining Chemicals Market by Product Type, Mining Type, Distribution Channel, Application, End User, and Region – Global Forecast to 2034.

Global Logistics Market by Services, Type, Model, Operation, Mode of Transport, Category, Usage, End Use, and Region – Global Forecast to 2034.

About Maximize Market Research – Global Material Handling Equipment Market

Maximize Market Research is a global market research and consulting firm providing insights across engineering equipment, manufacturing, logistics, warehousing, and industrial automation. Its Global Material Handling Equipment Market research covers forklifts, conveyors, industrial trucks, automated storage and retrieval systems (AS/RS), AGVs, AMRs, robotics, operations, end users, regional demand, competitive strategies, and recent developments. The report helps businesses understand warehouse automation, e-commerce growth, smart logistics, AI-powered robotics, energy-efficient equipment, and market opportunities through 2034.

Smart Sensor Market Industry Structure Evaluation, Demand Drivers Analysis– MMR Statistics

MMR Statistics is a part of Maximize Market Research, developed to provide quick access to market size, industry data, forecasts, trends, and statistical insights across a wide range of sectors. It presents research data in multiple formats, making it easier for businesses, analysts, and decision-makers to use market intelligence for presentations, strategy, benchmarking, and business planning.

Welding Equipment Market Size, Share, Growth Trends, Industry Analysis, Key Players, Investment Opportunities and Forecast 2026-2034 – Stellar Market Research

Stellar Market Research is a strategic partner of Maximize Market Research, providing global and region-wise market research reports across multiple industries. Its research focuses on market trends, competitive developments, regional opportunities, industry dynamics, and growth outlooks, complementing Maximize Market Research with broader market coverage and region-specific business intelligence.

Contact:
Lumawant Godage
MAXIMIZE MARKET RESEARCH PVT. LTD.
+91 96073 65656
Email: sales@maximizemarketresearch.com   
Visit Our Web Site: https://www.maximizemarketresearch.com/   

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SOURCE Maximize Market Research Pvt. Ltd.

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Bits In Glass achieves Select Partner Status in the Claude Partner Network Services Track

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October 9, 2026

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Recognition reflects live Claude deployments, backed by more than two decades of business process and data automation

DENVER, Oct. 8, 2026 /PRNewswire/ — Bits In Glass (BIG) has achieved Select partner status in the Claude Partner Network Services Track. The Services Track recognizes partners for building a certified delivery team, delivering Claude use cases for clients, and proving the work through public customer references.

BIG brings over two decades of business process and data automation to applied AI. Today, its certified team helps enterprises move past pilots by putting agentic AI to work in the middle and back office, across risk, compliance, underwriting, reconciliations, and case management.

Each engagement is designed for production from the start, with governance and auditability in place. Clients can begin by embedding forward-deployed engineers with their teams, adding an agentic layer to the platforms they already run, or migrating legacy workflows onto open, license-free runtimes.

“For more than twenty years, we’ve automated the processes and data that run our clients’ businesses. Frontier AI changes the economics of that work: agents can now carry much of the routine labor, while people focus on judgment, exceptions, and outcomes,” said David Hauser, CEO of Bits In Glass. “Joining the Claude Partner Network as a Select partner lets us scale that work with Anthropic behind us. This is a milestone for our AI practice and for the clients we’re moving from legacy platforms to applied AI.”

PlanOmatic, which provides listing media for single-family rental property managers, offers a recent example. BIG designed two agents on Claude Sonnet 5 and Claude Opus 5, using the Claude Agent SDK, that catch errors in third-party vendor work before they reach PlanOmatic’s clients. The agents escalate to a person only when judgment is required. As a result, PlanOmatic reports:

72% improvement in output quality, measured by fewer daily support tickets,32% faster turnaround, andrestoring its 2.5-day service guarantee.Read the PlanOmatic story

This week, Hauser is attending Canada’s CEO Summit, hosted by the Council of Canadian Innovators (CCI), in Vancouver, B.C. Find other upcoming Bits In Glass events at bitsinglass.ai/news-events.

About the Claude Partner Network

The Claude Partner Network is how Anthropic works with the firms that put Claude into production for customers. The Services Track recognizes partners for building a certified delivery team, delivering Claude use cases for clients, and proving the work through public customer references. Partners advance through Certified, Select, Preferred, and Global Premier tiers. Learn more at claude.com/partners.

About Bits In Glass

Bits In Glass empowers the world’s most forward-thinking companies to navigate a rapidly changing automation landscape. As a trusted global boutique technology firm, BIG combines a client-focused approach with the ability to scale and deliver tailored, data-driven intelligent automation solutions. For more information, visit bitsinglass.ai.

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SOURCE Bits In Glass

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Notice of Data Security Incident

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October 9, 2026

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NEW YORK, Oct. 8, 2026 /PRNewswire/ — Photon is notifying individuals whose personal information may have been involved in a network security incident. This statement is intended to notify potentially impacted individuals about the incident, steps Photon has taken in response, and resources available to assist and protect individuals.

What Happened? On August 21, 2026, Photon learned that an unauthorized third party exploited a previously unknown security flaw (sometimes called a ‘zero-day’ vulnerability) in Metabase, a third-party application that Photon uses on a self-hosted basis for business intelligence, product metrics, and customer dashboards, to access certain data.  Upon learning of the incident, we took immediate measures to secure the application and engaged a team of cybersecurity experts to assess, contain, and remediate the incident. The investigation revealed that certain data may have been acquired without authorization. After a thorough review of the impacted data, which was completed on September 4, 2026, it was determined that certain personal information may have been impacted. Photon has no evidence of misuse, or attempted misuse, of any potentially affected information.

What Information Was Involved? Please rest assured that Social Security numbers and financial information were not impacted in this incident, as Photon does not collect or store that information. The investigation identified instances of name, address, phone number, date of birth, prescription medication information exposure for certain individuals a result of this incident. Notably, the types of information affected were different for each individual and not every individual had all the above listed elements exposed.

What Are We Doing? Photon takes its responsibility to safeguard information seriously and regrets any concern this incident may have caused. Upon detecting this incident, Photon moved quickly to initiate a response, which included conducting a thorough investigation with the assistance of cybersecurity specialists and confirming the security of its Metabase environment. We are continually reviewing and revising technical safeguards and making enhancements to reduce the likelihood of a similar event in the future. Additionally, Photon is committed to helping those people who may have been impacted by this situation.

The notification letter to the potentially impacted individuals includes steps that they can take to protect their information. In order to address any concerns and mitigate any exposure or risk of harm following this incident, Photon has arranged for complimentary credit monitoring services and identity theft protection services to all potentially impacted individuals at no cost to them for a period of twelve to twenty-four months. Photon recommends that individuals enroll in the services provided and follow the recommendations contained within the notification letter to ensure their information is protected.

For More Information. Individuals seeking more information or with questions about this incident may contact the dedicated call center at 1-844-772-5746 from 8:00 A.M. to 8:00 P.M. ET, Monday through Friday, excluding holidays.

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SOURCE Photon Health

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D.Law Opens Its Doors Online With “Our Space,” a Photographic Tour of the Pasadena Headquarters

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October 8, 2026

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PASADENA, Calif., Oct. 8, 2026 /PRNewswire/ — Most law firms show you a lobby and a conference table. D.Law is showing you the whole building.

Today D.Law, the California employment firm that fights for workers, launched Our Space, a new page on www.d.law that opens up its Pasadena headquarters to anyone curious about where — and how — the firm works. The page features 40 professional architectural photographs captured over two days, including aerial drone shots, wide panoramas of the open floors, and the signature spiral staircase at the heart of the office.

But the page isn’t a real-estate listing. Alongside the architecture are candid moments of the people who fill it: a hallway catch-up, a quick conversation between floors, a team heading downstairs. The message is simple: the space and the people are one story.

“I designed this building around one idea: people do their best work when they feel like they belong somewhere. The open floors, the staircase, the natural light all exist to bring the team together. Seeing it captured this way, with the team moving through it, is exactly how it was meant to be lived in,” said Rick Corsini, the architect who designed D.Law’s headquarters.

“Every day, we tell clients they deserve a workplace that respects them. This office is us holding ourselves to that same standard. When candidates ask what it’s like to work here, we can finally just send them a link,” said Edgar Davtyan, Head of Strategy and Growth at D.Law.

The launch builds on a run of recognition for D.Law’s culture. The firm was named to Inc.’s Best Workplaces list in both 2025 and 2026, ranked #1 Best Place to Work in Los Angeles by the Los Angeles Business Journal in 2023, and named a Top Law Firm by the LA Times in 2026.

Our Space sits in the “Join Us” section of www.d.law, next to the firm’s Careers, Summer Associate, High School Internship and Paralegal Training programs. For attorneys, paralegals and staff weighing their next move, it offers something a job listing can’t: a look at the place they’d walk into every morning.

Take the tour at d.law/our-space.

About D.Law

D.Law is a plaintiff-side employment law firm representing California workers in wrongful termination, wage and hour, discrimination and harassment, retaliation, and protected leave cases. Founded by Emil Davtyan, the firm has 200+ employees across 16 California offices and is headquartered at 250 N. Madison Ave., Pasadena, CA 91101. Learn more at d.law.

Media Contact: Armen Petrosyan, armen@d.law

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SOURCE D.Law, Inc.

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