Europe Material Handling Equipment Telematics Market Size & Outlook

The material handling equipment telematics market in Europe is expected to reach a projected revenue of US$ 5,529.9 million by 2033. A compound annual growth rate of 14.9% is expected of Europe material handling equipment telematics market from 2026 to 2033.
Revenue, 2025 (US$M)
$1,837.8
Forecast, 2033 (US$M)
$5,529.9
CAGR, 2026 - 2033
14.9%
Report Coverage
Europe

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

Europe material handling equipment telematics market, 2021-2033 (US$M)

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

Europe material handling equipment telematics market highlights

  • The Europe material handling equipment telematics market generated a revenue of USD 1,837.8 million in 2025.
  • The market is expected to grow at a CAGR of 14.9% from 2026 to 2033.
  • In terms of segment, trucks was the largest revenue generating product in 2025.
  • Trucks is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2026 to 2033.


Europe data book summary

Market revenue in 2025USD 1,837.8 million
Market revenue in 2033USD 5,529.9 million
Growth rate14.9% (CAGR from 2026 to 2033)
Largest segmentTrucks
Fastest growing segmentTrucks
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationAerial Work Platform, Forklifts, Cranes, Earthmoving Equipment, Trucks, Tractors, Telehandlers
Key market players worldwideCaterpillar Inc, Toyota Material Handling Group, The Raymond Corporation, Clarks, MLE, Konecranes Oyj, HIAB, Mahindra & Mahindra, Doosan Group, HD Hyundai Construction Equipment, Trackunit, JLG Industries, ZTR Control Systems


Other key industry trends

  • In terms of revenue, Europe region accounted for 24.5% of the global material handling equipment telematics market in 2025.
  • Globally, North America 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 5,582.8 million by 2033.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Material Handling Equipment Telematics Market Companies

Name Profile # Employees HQ Website
ZTR Control Systems View profile 101-250 London, Ontario, Canada, North America http://ztr.com/
Trackunit View profile 101-250 Aalborg, Nordjylland, Denmark, Europe https://www.trackunit.com/
HD Hyundai Construction Equipment View profile 1001-5000 Pune, Maharashtra, India, Asia https://in.hd-hyundaice.com
MLE View profile 11-50 Campi Bisenzio, Toscana, Italy, Europe https://www.mlelighting.com
HIAB View profile 10001+ Malmö, Skane Lan, Sweden, Europe https://www.hiab.com
Mahindra & Mahindra View profile 10001+ Mumbai, Maharashtra, India, Asia http://mahindratractor.com
Toyota Material Handling Group View profile 1001-5000 Columbus, Indiana, United States, North America https://www.toyotaforklift.com/
JLG Industries View profile 1001-5000 Mc Connellsburg, Pennsylvania, United States, North America http://www.jlg.com/en
Doosan Group View profile 1001-5000 Seoul, Seoul-t'ukpyolsi, South Korea, Asia http://www.doosan.com
Konecranes Oyj View profile 16553 Koneenkatu 8, P.O. Box 661, Hyvinkaa, Finland, FI-05801 https://www.konecranes.com
The Raymond Corporation View profile 1001-5000 Greene, New York, United States, North America https://www.raymondcorp.com/
Clarks View profile 10001+ Somerset, New Jersey, United States, North America https://www.clarksusa.com
Caterpillar Inc View profile 121173 5205 N. O'Connor Boulevard, Suite 100, Irving, TX, United States, 75039 https://www.caterpillar.com

Europe material handling equipment telematics 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 telematics market will help companies and investors design strategic landscapes.


Trucks was the largest segment with a revenue share of 39.29% in 2025. Horizon Databook has segmented the Europe material handling equipment telematics market based on aerial work platform, forklifts, cranes, earthmoving equipment, trucks, tractors, telehandlers covering the revenue growth of each sub-segment from 2021 to 2033.


Reasons to subscribe to Europe material handling equipment telematics market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Europe material handling equipment telematics market databook

  • Our clientele includes a mix of material handling equipment telematics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe material handling equipment telematics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe material handling equipment telematics market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Europe material handling equipment telematics market size, by country, 2021-2033 (US$M)

Europe Material Handling Equipment Telematics Market Outlook Share, 2025 & 2033 (US$M)

Europe material handling equipment telematics market size, by country, 2021-2033 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online