Europe Material Handling Equipment Market Size & Outlook
Global Market
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Europe material handling equipment market highlights
- The Europe material handling equipment market generated a revenue of USD 80,854.6 million in 2025.
- The market is expected to grow at a CAGR of 5.6% from 2026 to 2033.
- In terms of segment, cranes & lifting equipment was the largest revenue generating product in 2025.
- Racking & storage equipment is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2026 to 2033.
Europe data book summary
| Market revenue in 2025 | USD 80,854.6 million |
| Market revenue in 2033 | USD 124,372.8 million |
| Growth rate | 5.6% (CAGR from 2026 to 2033) |
| Largest segment | Cranes & lifting equipment |
| Fastest growing segment | Racking & storage equipment |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cranes & Lifting Equipment, Industrial trucks, Continuous handling equipment, Racking & storage equipment |
| Key market players worldwide | Daifuku Co Ltd, Honeywell International Inc, KION GROUP AG, Murata Manufacturing Co Ltd, SSI Schaefer Systems International North America, Swisslog, Toyota Industries Corp, BEUMER Group, Interlake Mecalux, Vanderlande |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.8% of the global material handling equipment market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 161,143.9 million by 2033.
According to the International Monetary Fund (IMF) World Economic Outlook, the GDP of Europe dropped by 5.9 % in 2021. This drop can be attributed to the hike in commodity prices and compounded supply-side disruptions. However, the GDP growth of the country is anticipated to be 1.6% in 2022. The European region is characterized by the presence of several major industries such as e-commerce, food & beverage, and automotive on account of the better supply chain process and low labor costs.
The market growth is further supported by various technological developments like the launch of vision-guided navigation technology that enables vehicles to take the right route without the need for human intervention. Moreover, the demand for automated material handling is anticipated to be driven by the demand for energy-efficient and eco-friendly robotic systems.
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Material Handling Equipment Market Scope
Material Handling Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Honeywell International Inc | View profile | 95,000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | www.honeywell.com |
| Murata Manufacturing Co Ltd | View profile | 73,828 | No. 10 No. 1 Yubinbango, Nagaokakyo, 1-chome, Kyoto Higashikotari, Nagaokakyo, Japan, 617-8555 | www.murata.co.jp |
| KION GROUP AG | View profile | 42,325 | Thea-Rasche-Strasse 8, Frankfurt am Main, HE, Germany, 60549 | www.kiongroup.com |
| Daifuku Co Ltd | View profile | 13,020 | 3-2-11, Mitejima, Nishiyodogawa-ku,, Osaka, Japan, 555-0012 | www.daifuku.co.jp |
| Toyota Industries Corp | View profile | 89,245 | 2-1, Toyoda-cho, Kariya-shi, Aichi, Japan, 448-8671 | www.toyota-industries.com |
| SSI Schaefer Systems International North America | View profile | 10001+ | Thane, Maharashtra, India, Asia | ssi-schaefer.us |
| Swisslog | View profile | 5001-10000 | Buchs, Inner-Rhoden, Switzerland, Europe | swisslog.com |
| BEUMER Group | View profile | 5001-10000 | Beckum, Nordrhein-Westfalen, Germany, Europe | www.beumergroup.com |
| Interlake Mecalux | View profile | 501-1000 | Chicago, Illinois, United States, North America | www.interlakemecalux.com/ |
| Vanderlande | View profile | 1001-5000 | Veghel, Noord-Brabant, The Netherlands, Europe | www.vanderlande.com |
Europe Material Handling Equipment 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 Equipment Market Outlook will help companies and investors design strategic landscapes.
Cranes & Lifting Equipment was the largest segment with a revenue share of 37.89% in 2025.
Horizon Databook has segmented the Europe material handling equipment market based on cranes & lifting equipment, industrial trucks, continuous handling equipment, racking & storage equipment covering the revenue growth of each sub-segment from 2021 to 2033.
According to the International Monetary Fund (IMF) World Economic Outlook, the GDP of Europe dropped by 5.9 % in 2021. This drop can be attributed to the hike in commodity prices and compounded supply-side disruptions. However, the GDP growth of the country is anticipated to be 1.6% in 2022. The European region is characterized by the presence of several major industries such as e-commerce, food & beverage, and automotive on account of the better supply chain process and low labor costs.
The market growth is further supported by various technological developments like the launch of vision-guided navigation technology that enables vehicles to take the right route without the need for human intervention. Moreover, the demand for automated material handling is anticipated to be driven by the demand for energy-efficient and eco-friendly robotic systems.
- Europe Material Handling Equipment Market Product Outlook (Revenue, USD Million , 2021-2033)
- Cranes & Lifting Equipment
- Industrial trucks
- Continuous handling equipment
- Racking & storage equipment
- Europe Material Handling Equipment Market Application Outlook (Revenue, USD Million , 2021-2033)
- Automotive
- Food & Beverages
- Chemical
- Semiconductor & Electronics
- E-Commerce
- Aviation
- Pharmaceutical
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Material Handling Equipment Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Material Handling Equipment Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Europe Material Handling Equipment Market, 2021-2033 (US$M)
Europe material handling equipment market statistics, by product, 2021-2033 (US$M)
