Market By Product Type, Application, And Geography | Forecast 2019-2027
The Latin America material handling equipment market is estimated to grow at a CAGR of 4.94% in terms of revenue during the forecasting years 2019-2027.
The countries analyzed in the Latin American material handling equipment market are:
• Brazil
• Mexico
• Rest of Latin America
Brazil is expected to be the fastest-growing country in the material handling equipment market in Latin America. The increased automation has been primarily contributing to the growth of the material handling equipment market. For example, automation systems, such as baggage handling & transport systems at airports, automated dispatch systems, and automated storage systems in warehouses, are being used to increase efficiency and the entire process of products. Additionally, the growing logistics sector has also been driving the material handling equipment market in Brazil. For instance, in 2017, Amazon started engaging in the sales of smartphones, tablets, accessories, and fine-tuned its logistics. This has resulted in the adoption of automated material handling systems by other local competitors, thereby boosting the overall market growth in Brazil.
In the product type segment, automatic conveyors hold the largest market share in Brazil. The airport industry drives the conveyor market in the country. Moreover, it is predicted that the global recovery of oil prices, a substantial increase in on-shore and off-shore oil production and infrastructure spending, and the considerable demand for delayed maintenance, repair, and turnarounds in the refining & chemical industries, will create lucrative opportunities for the growth of the material handling equipment market. However, the currency fluctuation is one of the biggest restraints for the material handling market in the country. For instance, the imported automated material handling machines and varying raw material prices obstruct industries, while setting a fixed MRP, which result in discouraging foreign investments.
Cargotec Oyj provides cargo and load handling systems and services. Its key solutions include marine cargo flow solutions, on-road load handling solutions, heavy industrial material handling, and container handling equipment. The company offers a wide range of products that include loader cranes, forklifts, tail lifts, straddle carriers, yard cranes, and load handling solutions. It serves fleet operators, distribution centers, ship owners, logistics, ports, and offshore industries. The company has its business operations in countries like Brazil, China, the US, Germany, Malaysia, South Korea, Ireland, Finland, and Spain.
1. LATIN
AMERICA MATERIAL HANDLING EQUIPMENT MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. AUTOMATED
MATERIAL HANDLING IS THE FASTEST-GROWING PRODUCT TYPE
2.2.2. E-COMMERCE
HAS THE LARGEST MARKET SHARE IN THE APPLICATION SEGMENT
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. VALUE
CHAIN ANALYSIS
2.7. MARKET
DRIVERS
2.7.1. DEMAND
FOR TECHNOLOGICALLY ADVANCED EQUIPMENT
2.7.2. INCREASING
USAGE OF AUTOMATION IN ALL PRODUCT SEGMENTS
2.7.3. GROWTH
IN EMERGING NATIONS
2.8. MARKET
RESTRAINTS
2.8.1. HIGH
INITIAL COST OF EQUIPMENT
2.8.2. LACK
OF SKILLED LABOR
2.9. MARKET
OPPORTUNITIES
2.9.1. INCREASING
GOVERNMENT INVESTMENT IN INFRASTRUCTURE DEVELOPMENT
2.9.2. GROWTH
IN THE E-COMMERCE INDUSTRY
2.10. MARKET
CHALLENGES
2.10.1. CARBON
EMISSION
2.10.2. INCREASE
IN OIL PRICES
3. LATIN
AMERICA MATERIAL HANDLING EQUIPMENT MARKET OUTLOOK – BY PRODUCT TYPE
3.1. STORAGE
HANDLING EQUIPMENT
3.2. INDUSTRIAL
TRUCKS
3.2.1. IC
ENGINE-POWERED COUNTERBALANCED TRUCKS
3.2.2. BATTERY-POWERED
COUNTERBALANCED TRUCKS
3.2.3. WAREHOUSING
TRUCKS
3.3. AUTOMATED
MATERIAL HANDLING EQUIPMENT
3.3.1. AGVS
3.3.2. AS/RS
3.3.3. CONVEYOR
SYSTEMS
3.3.3.1. UNIT-HANDLING
CONVEYOR SYSTEM
3.3.3.2. BULK
MATERIAL HANDLING CONVEYOR SYSTEM
3.3.3.3. PARTS,
ATTACHMENTS, AND ACCESSORIES FOR CONVEYOR SYSTEM
3.3.4. PICK
SYSTEMS
3.3.5. PALLETIZATION
3.3.6. SORTATION
SYSTEMS
3.4. OVERHEAD
MATERIAL HANDLING EQUIPMENT
3.4.1. HOISTS
3.4.2. OVERHEAD
TRAVELING CRANES AND MOVING SYSTEM
3.5. OTHERS
4. LATIN
AMERICA MATERIAL HANDLING EQUIPMENT MARKET OUTLOOK – BY APPLICATION
4.1. AUTOMOTIVE
4.2. FOOD
& BEVERAGE
4.3. CHEMICALS
4.4. SEMICONDUCTOR
& ELECTRONIC
4.5. E-COMMERCE
4.6. AVIATION
4.7. PHARMACEUTICAL
4.8. OTHERS
5. LATIN
AMERICA MATERIAL HANDLING EQUIPMENT MARKET – REGIONAL OUTLOOK
5.1. BRAZIL
5.2. MEXICO
5.3. REST
OF LATIN AMERICA
6. COMPETITIVE
LANDSCAPE
6.1. BEUMER
GROUP
6.2. CLARK
MATERIAL HANDLING COMPANY (CMHC)
6.3. CROWN
EQUIPMENT CORPORATION
6.4. COLUMBUS
MCKINNON CORPORATION (CMC)
6.5. CARGOTEC
OYJ
6.6. DAIFUKU
CO., LTD.
6.7. HANWHA
CORPORATION
6.8. HYSTER-YALE
MATERIALS HANDLING, INC.
6.9. JUNGHEINRICH
AG
6.10. DEMATIC
NV
6.11. KION
GROUP AG
6.12. TOYOTA
INDUSTRIES CORPORATION
6.13. SSI
SCHAEFER SYSTEMS INTERNATIONAL DWC LLC
6.14. TGW
LOGISTICS GROUP
6.15. VANDERLANDE INDUSTRIES BV Ltd.
7. METHODOLOGY
& SCOPE
7.1. RESEARCH
SCOPE
7.2. RESEARCH
SCOPE & DELIVERABLES
7.3. SOURCES
OF DATA
7.4. RESEARCH
METHODOLOGY
TABLE 1. LATIN AMERICA
MATERIAL HANDLING EQUIPMENT MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2. VENDOR
SCORECARD
TABLE 3. LATIN AMERICA
MATERIAL HANDLING EQUIPMENT MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)
TABLE 4. LATIN AMERICA
MATERIAL HANDLING EQUIPMENT MARKET, BY INDUSTRIAL TRUCKS, 2019-2027 (IN $
MILLION)
TABLE 5. LATIN AMERICA
MATERIAL HANDLING EQUIPMENT MARKET, BY AUTOMATED MATERIAL HANDLING EQUIPMENT,
2019-2027 (IN $ MILLION)
TABLE 6. LATIN AMERICA
MATERIAL HANDLING EQUIPMENT MARKET, BY CONVEYOR SYSTEMS, 2019-2027 (IN $
MILLION)
TABLE 7. LATIN AMERICA
MATERIAL HANDLING EQUIPMENT MARKET, BY OVERHEAD MHE, 2019-2027 (IN $ MILLION)
TABLE 8. LATIN AMERICA
MATERIAL HANDLING EQUIPMENT MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 9. LATIN AMERICA
MATERIAL HANDLING EQUIPMENT MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE 1. LATIN AMERICA
MATERIAL HANDLING EQUIPMENT MARKET, BY AUTOMATED MATERIAL HANDLING, 2019-2027
(IN $ MILLION)
FIGURE 2. LATIN AMERICA
MATERIAL HANDLING EQUIPMENT MARKET, BY E-COMMERCE, 2019-2027 (IN $ MILLION)
FIGURE 3. PORTER’S FIVE
FORCES ANALYSIS
FIGURE 4. MARKET ATTRACTIVENESS
INDEX
FIGURE 5. VALUE CHAIN
ANALYSIS
FIGURE 6. LATIN AMERICA
MATERIAL HANDLING EQUIPMENT MARKET, BY STORAGE HANDLING EQUIPMENT, 2019-2027
(IN $ MILLION)
FIGURE 7. LATIN AMERICA
MATERIAL HANDLING EQUIPMENT MARKET, BY INDUSTRIAL TRUCKS, 2019-2027 (IN $
MILLION)
FIGURE 8. LATIN AMERICA
INDUSTRIAL TRUCKS MARKET, BY IC ENGINE-POWERED COUNTERBALANCED TRUCKS,
2019-2027 (IN $ MILLION)
FIGURE 9. LATIN AMERICA
INDUSTRIAL TRUCKS MARKET, BY BATTERY-POWERED COUNTERBALANCED TRUCKS, 2019-2027
(IN $ MILLION)
FIGURE 10. LATIN
AMERICA INDUSTRIAL TRUCKS MARKET, BY WAREHOUSING TRUCKS, 2019-2027 (IN $
MILLION)
FIGURE 11. LATIN
AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY AUTOMATED MATERIAL HANDLING
EQUIPMENT, 2019-2027 (IN $ MILLION)
FIGURE 12. LATIN
AMERICA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY AGVS, 2019-2027 (IN $
MILLION)
FIGURE 13. LATIN
AMERICA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY AS/RS, 2019-2027 (IN $
MILLION)
FIGURE 14. LATIN
AMERICA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY CONVEYOR SYSTEMS,
2019-2027 (IN $ MILLION)
FIGURE 15. LATIN
AMERICA CONVEYOR SYSTEMS MARKET, BY UNIT HANDLING CONVEYOR SYSTEM, 2019-2027
(IN $ MILLION)
FIGURE 16. LATIN
AMERICA CONVEYOR SYSTEMS MARKET, BY BULK MATERIAL HANDLING CONVEYOR SYSTEM,
2019-2027 (IN $ MILLION)
FIGURE 17. LATIN
AMERICA CONVEYOR SYSTEMS MARKET, BY PARTS, ATTACHMENTS, AND ACCESSORIES FOR
CONVEYOR SYSTEM, 2019-2027 (IN $ MILLION)
FIGURE 18. LATIN
AMERICA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY PICK SYSTEMS,
2019-2027 (IN $ MILLION)
FIGURE 19. LATIN
AMERICA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY PALLETIZATION,
2019-2027 (IN $ MILLION)
FIGURE 20. LATIN
AMERICA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY SORTATION SYSTEMS,
2019-2027 (IN $ MILLION)
FIGURE 21. LATIN AMERICA
MATERIAL HANDLING EQUIPMENT MARKET, BY OVERHEAD MATERIAL HANDLING EQUIPMENT,
2019-2027 (IN $ MILLION)
FIGURE 22. LATIN
AMERICA OVERHEAD MATERIAL HANDLING EQUIPMENT MARKET, BY HOISTS, 2019-2027 (IN $
MILLION)
FIGURE 23. LATIN
AMERICA OVERHEAD MATERIAL HANDLING EQUIPMENT MARKET, BY OVERHEAD TRAVELING
CRANES AND MOVING SYSTEM, 2019-2027 (IN $ MILLION)
FIGURE 24. LATIN
AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 25. LATIN
AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY AUTOMOTIVE, 2019-2027 (IN $
MILLION)
FIGURE 26. LATIN
AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY FOOD & BEVERAGE, 2019-2027
(IN $ MILLION)
FIGURE 27. LATIN
AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY CHEMICAL, 2019-2027 (IN $
MILLION)
FIGURE 28. LATIN
AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY SEMICONDUCTOR & ELECTRONIC,
2019-2027 (IN $ MILLION)
FIGURE 29. LATIN
AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY E-COMMERCE, 2019-2027 (IN $
MILLION)
FIGURE 30. LATIN
AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY AVIATION, 2019-2027 (IN $
MILLION)
FIGURE 31. LATIN
AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY PHARMACEUTICAL, 2019-2027 (IN $
MILLION)
FIGURE 32. LATIN
AMERICA MATERIAL HANDLING EQUIPMENT MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 33. LATIN
AMERICA MATERIAL HANDLING EQUIPMENT MARKET, REGIONAL OUTLOOK, 2018 & 2027
(IN %)
FIGURE 34. BRAZIL
MATERIAL HANDLING EQUIPMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 35. MEXICO
MATERIAL HANDLING EQUIPMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 36. REST OF
LATIN AMERICA MATERIAL HANDLING EQUIPMENT MARKET, 2019-2027 (IN $ MILLION)