Global Material Handling Market

Farm product warehousing and storage refers to a place for storing agricultural products that helps to provide farm product warehousing and storage facilities and services. Farmers use it to store various types of crops that get affected by rain. The major types of farm product and storage are storage services, handling services, packing services, and others. Storage services refer to the practise of keeping and storing goods in a warehouse. Farm product warehousing and storage is used in applications such as farms and enterprises and is owned by private, public, and bonded entities. The farm product warehousing and storage market research report is one of a series of new reports from The Business Research Company that provides farm product warehousing and storage market statistics, including farm product warehousing and storage industry global market size, regional shares, competitors with a farm product warehousing and storage market share, detailed farm product warehousing and storage market segments, market trends and opportunities, and any further data you may need to thrive in the farm product warehousing and storage industry. This farm product warehousing and storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global farm product warehousing and storage market size will grow from $83.45 billion in 2022 to $89.56 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The farm product warehousing and storage market size is expected to grow from $114.92 billion in 2027 at a CAGR of 6.4%. The growth in the farm product warehousing and storage market can be attributed to the increasing retail penetration. Increasing retail penetration is expected to propel the growth of the farm product warehousing and storage market going forward. Retail penetration is a measure of how much a product or service is being used by customers compared to the total estimated market for that product or service. Because of the increase in customer demands for product or service, most filers purchase the products and store them in warehouses and sell them according to the demand. For instance, according to the Indian Brand Equity Foundation, an India-based export promotion agency for the year 2021, the retail industry achieved 96% of pre-COVID-19 sales in the year 2021. The Indian retail sector is valued at $2.77 billion for the year 2020. Therefore raise in increasing retail penetration is growing demand for farm product warehousing and storage market. Warehouse operators are now constructing multi-story warehouses in densely populated cities and expensive land spaces. A multi-story warehouse is a warehouse consisting of more than one floor designed to increase the usable floor space per square foot of land. It results in a better land utilization rate and enhances operational efficiency. Multi-story warehouses have been successful in densely populated cities predominantly in Asian countries such as China, Japan, Hong Kong, and Singapore, due to high land and construction costs, small site areas, and limited industrial land availability. Multi-story warehouses in Hong Kong average 12 floors. Prologis, the world’s biggest warehouse owner, has also started construction to build the first multi-story warehouse in the USA. Major players in the farm product warehousing and storage market include Archer Daniels Midland Company, Cargill, and CBH Group. North America was the largest region in the farm product warehousing and storage market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the farm product warehousing and storage market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The Farm product warehousing and storage market includes revenues earned by entities by helping in price stabilization of agricultural commodities. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global farm product warehousing and storage market is segmented - 1) By Type: Storage Services, Handling Services: Packing Services, Other Types 2) By Application: Farm, and Enterprise 3) By Ownership: Private, Public, and Bonded

The building and road construction equipment refer to self-propelled or towed equipment used directly in building and road construction. The main product types of building and road construction equipment are motor graders, road rollers, wheel loaders, concrete mixers, bulldozers, and other product types. Motor graders are being used to finish grade the rough grading performed by heavy CE like scrapers and bulldozers. The equipment categories are earthmoving equipment, material-handling equipment, heavy construction vehicles, and other equipment categories. The various applications involved are building construction, and road construction. The building and road construction equipment market research report is one of a series of new reports from The Business Research Company that provides building and road construction equipment market statistics, including building and road construction equipment industry global market size, regional shares, competitors with a building and road construction equipment market share, detailed building and road construction equipment market segments, market trends and opportunities, and any further data you may need to thrive in the building and road construction equipment industry. This building and road construction equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global building & road construction equipment market size will grow from $175.54 billion in 2022 to $194.84 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global building & road construction equipment market size is expected to grow to $282.41 billion in 2027 at a CAGR of 9.7%. Infrastructure development in emerging and developed countries propelled the building and road construction equipment market. Emerging and developed countries' governments and private sector are focusing on developing the infrastructure to keep up the GDP, meet the growing population needs, meet the levels of urbanization, and increase connectivity by developing highways and expressways. For instance, the total Indian investment in road construction was worth $22.4 billion with private investment accounting for 14% of the total investments. Furthermore, according to the World Bank, the private sector infrastructure investment commitments for low- and middle-income countries were valued at $76.2 billion in 2021, which was a 49% increase from 2020 globally. Governments and private sectors of developed and emerging sectors focus on infrastructure developments and require high-tech equipment for the construction process to make it easy and less time-consuming which further acts as a major driver for the building and road construction equipment market’s growth. The high cost of equipment and initial setup is expected to hinder the building and road construction equipment market. The cost of equipment consists of the purchase price, sales tax, shipping cost, installation cost, and financing charges at the time of acquisition of the equipment. A new full-size excavator can cost between $100,000 and $500,000, where companies are required to make high investments, as the purchase also involve additional costs, adding to the financial burden on companies and hindering the construction and road construction equipment market. The manufacturing companies in building and road construction equipment are concentrating on upgrading their technologies. The technology advancements aim to increase safety, productivity, and connectivity of equipment and decrease maintenance issues and costs. For instance, in March 2020, Komatsu, a Japan-based construction equipment manufacturer introduced hydraulic excavators*1 equipped with the KomVision Human Detection and Collision Mitigation System the company. The excavators are designed by advancing the 'KomVision' bird-view camera system equipped with conventional models in the Japanese market. The system identifies humans across the excavator and avoids the excavator from moving when the system detects people whenever the excavator starts to travel or swing. In October 2020, Volvo Construction Equipment, a USA-based manufacturer of construction equipment launched Volvo Active Control, an automated grading machine control system available on excavators EC250E, EC220E, and EC300E across North America. This system allows the operators to conveniently get the right depth and angle, reducing grading times by up to 45%. In March 2020, K-Tec Earthmovers Inc. (K-Tec), a Canadian company that manufactures efficient earthmoving scrapers for construction and mining sites merged with Ashland Industries (Ashland), a USA-based manufacturer of earthmoving equipment for the agricultural, industrial, and construction sectors. The merger is expected to allow both companies to offer an extensive product line of earthmoving scrapers in the industry. The combination also expects to provide shorter lead times for customers and accelerated product design and launch. Major players in the building and road construction equipment market are AB Volvo, Caterpillar Inc., Komatsu Ltd., Liebherr Group, Hitachi Construction Machinery Co. Ltd., J.C. Bamford Excavators Ltd., Terex Corporation, The Atlas Copco Group, Deere & Company, and Sany Group. Asia-Pacific was the largest region in the building and road construction equipment market in 2022. Western Europe was the second-largest region in the global building and road construction equipment market. The regions covered in the global building and road construction equipment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the building and road construction equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The building and road construction equipment market consists of sales of asphalt mixing plants, forklift trucks, crawler excavators, truck cranes, and others. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global building and road construction equipment market is segmented - 1) By Product Type: Motor Graders, Road Roller, Wheel Loaders, Concrete Mixer, Bulldozers, Other Product Types 2) By Equipment Category: Earthmoving Equipment, Material-Handling Equipment, Heavy Construction Vehicles, Other Equipment Categories 3) By Application: Building Construction, Road Construction

Airport technologies refers to the use of modern technology in the airport premises to enhance the passenger's overall experience. The main types of airport technologies are airport digital signage systems, car parking systems, airport communications, landing aids, guidance and lighting, passenger, baggage and cargo handling control systems, and airport management software. Landing aids help aircraft in an approach and landing, flashing light, radio beacon, communicating device or radar device or any system are some landing aids. Airport technologies are used in small, medium and large domestic airport and international airports. The airport technologies market research report is one of a series of new reports from The Business Research Company that provides airport technologies market statistics, including airport technologies industry global market size, regional shares, competitors with an airport technologies market share, detailed airport technologies market segments, market trends and opportunities, and any further data you may need to thrive in the airport technologies industry. This airport technologies market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global airport technologies market size will grow from $12.3 billion in 2022 to $13.02 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global airport technologies market size is expected to grow to $15.7 billion in 2027 at a CAGR of 4.8%. Rise in illegal immigration is a key driver of the airport technologies market. According to data published by the German Federal Police, by the end of October 2020, a total of 1,569 migrants illegally entered Germany from Norway, Sweden and Denmark since the beginning of 2020. To curb illegal immigration, advanced airport technologies are being increasingly used. In this regard, airport technology in the form of facial recognition has led to many arrests for illegal immigration at airports. Similarly, technologies such as Mobile Passport Control (MPC) and radio-frequency identification (RFID) based tracking solution have been deployed in many airports. The MPC technology uses a mobile app that allows US citizens or visitors from Canada to expedite their entry into the USA. This app has been approved by the U.S. Customs and Border Protection (CBP). Insufficient airport safety regulations in many countries is a major restraint on the airport technologies market. This is mainly due to lack of strict mandate in some countries to further improve the existing airport technologies. The Federal Aviation Administration (FAA) audit revealed that India had insufficient safety regulations in airports. The FAA audit concluded that insufficient airport safety regulations and a decline in safety ranking of the Indian airports can be directly attributed to lack of advancement of airport technologies in the country. Insufficient airport safety regulations continue to be an important restraint restricting the growth of the airport technologies market. The implementation of automated baggage handling systems is an emerging trend in the airport technologies market. Automated baggage handling systems involve the use of small robotic vehicles that carry baggage from the conveyor belt, through the security system and finally to the respective aircraft carriers. The use of this technology is expected to reduce the number of bags lost at airports. For instance, in May 2021, UK-based Stansted Airport completed a £70 million upgrade to its baggage handling system, adding 180 automated carts, 2.4 km of conveyor belts, and track to increase efficiency. Major players in the airport technologies market are Thales ATM S.A, Honeywell Airport Solutions, Siemens Airports, Raytheon Corp., CISCO Systems,Inc., Hitachi,Ltd., Bosch Security Systems,Inc., Rockwell Automation, Analogic, Smiths Detection International, Oshkosh Truck Corp., MATRIX SYSTEMS, DSG SYSTEMS AG, Airport Information Systems,Ltd., Garrett Metal Detectors, KUKA Roboter, Passur Truck Corp., Pensher Skytech, Vanderlande Industries, Syagen Technology, ArincInc., A4 Vision, Alstom Aerospace airports and American Lafrance Corp. The Asia-Pacific was the largest region in the airport technologies market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global airport technologies market report during the forecast period. The regions covered in the global airport technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the airport technologies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The airport technologies market includes revenues earned by entities by offering technologies that enable a hassle-free and convenient customer experience at the airport. The different types of airport technologies include airport communications, airport management systems and software, digital signage systems, fire-fighting systems, security systems, car parking systems, passenger management systems, baggage management systems, cargo control systems, landing aid, and guidance and lighting systems. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global airport technologies market is segmented - 1) By Type: Airport Digital Signage Systems, Car Parking Systems, Airport Communications, Landing Aids, Guidance and Lighting, Passenger, Baggage and Cargo Handling Control Systems, Airport Management Software 2) By Airport Size: Small, Medium, Large 3) By Application: Domestic Airport, International Airport

Industrial robots refer to programmable, mechanical devices used in place of people to perform dangerous or repetitive tasks with a high degree of accuracy. A robot has its own control system and is not controlled by a machine. The main types of industrial robots are articulated robots, linear robots, cylindrical robots, parallel robots, scara robots, and other robots. Linear robots are a form of industrial robot that has two or three main axes that move in a straight line rather than rotate and work at right angles to each other. The three sliding joints correspond to wrist movement: up and down, back and forth, and in and out. The various applications of industrial robots included pick and plane, welding and soldering, material handling, assembling, cutting and processing, and other applications. The various end-user industries involved are automotive, electrical and electronics, healthcare and pharmaceuticals, food and beverages, rubber and plastics, metals and machinery, and other end-user industries. The industrial robots market research report is one of a series of new reports from The Business Research Company that provides industrial robots market statistics, including industrial robots industry global market size, regional shares, competitors with an industrial robots market share, detailed industrial robots market segments, market trends and opportunities, and any further data you may need to thrive in the industrial robots industry. This industrial robots market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global industrial robots market size will grow from $47.21 billion in 2022 to $52.34 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global industrial robots market size is expected to grow from $77.23 billion in 2027 at a CAGR of 10.2%. The shortage of skilled workers is contributing to the growth of the industrial robots market. As there is an increase in production requirements and due to high demand manufacturers are not able to fulfil the supply due to a shortage of skilled labor. Shortage of skilled labor exists due to two main reasons, the presence of unskilled workers and skilled workers but not available for work. According to the Department of Labor, as of January 2020, the US economy had 7 million job openings, but only 5.6 million people were looking for work. Producers to maintain a high supply are thus opting for the installation of robots. Industrial robots increase the overall productivity, efficiency, and effectiveness of the company. Therefore, the shortage of labor gives rise to other opportunities for the addition of robots to the workforce. High purchase and installation costs of industrial robots are expected to limit the growth of the industrial robots market. A robot installation is very costly as it is not only for the purchase of the robot but also for integration, programming, and maintenance. This is a major challenge for Small and Medium-size enterprises (SMEs) as they produce in low volumes and returns on investment will be a challenge. Moreover, fast-changing consumer preferences will also result in customization of a machine which will be again hard for SMEs to do so. According to RobotWorx, an industrial robot manufacturer's cost of an average new industrial robot ranges from $50,000 to $80,000 whereas it can go up to $100,000 to $150,000 as application specifics are added. Therefore, the high purchase and installation of industrial robots are expected to limit the growth of the industrial robots market. Automated mobile robots (AMR) are one of the recent trends in the industrial robots market. AMR is a robot that is designed to move materials across a plant floor or through a warehouse without the aid and direction of a human worker. Floor cleaners, forklifts, and pallet movers are examples of types of AMRs. For instance, Fetch Robotics, a California-based firm handles heavy loads in its warehouse by using AMR. Fetch Robotics cloud computing program enables an operator to scale and control all operations with the click of a button. It eliminates employee risk for injury and increases the efficiency of their overall operations. In March 2021, Accenture, a multinational company having specializations in information technology and consulting, based out of Irelands has announced the acquisition of Pollux for an undisclosed amount. As a result of this acquisition, Accenture intends to witness the tangible benefits of full integration of information technology and operations technology, which will help Accenture's manufacturing clients. Pollux Robotics is a Brazilian company that creates industrial robots. Major players in the industrial robots market are ABB, Yaskawa, Kuka, Fanuc, Mitsubishi Electric, Kawasaki Heavy Industries, Denso, Nachi Fujikoshin, Epson, and Dürr. The Asia-Pacific was the largest region in the industrial robots in 2022. Western Europe was the second largest region in the global industrial robots market. The regions covered in the global industrial robots report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the industrial robots market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The industrial robots market consists of sales of manipulator, controller, electroactive polymers, elastic nanotubes. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global industrial robots market is segmented - 1) By Product Type: Articulated Robots, Linear Robots, Cylindrical Robots, Parallel Robots, Scara Robots, Other Product Types 2) By End-User Industry: Automotive, Electrical And Electronics, Healthcare & Pharmaceuticals, Food & Beverages, Rubber & Plastics, Metals & Machinery, Other End-User Industries 3) By Application: Pick And Plane, Wielding And Soldering, Material Handling, Assembling, Cutting And Processing, Other Applications

Patient handling equipment is an assistive device that helps home care and hospital settings for transferring patients between chairs, beds, and other places. They are used for specific lifting, transfer, and movement of patients. The patient handling equipment market covered in this report is segmented by product type into wheelchairs, mobility scooters, medical beds, patient transfer equipment, and others. The patient transfer equipment is used for transferring patients between chairs, beds, and other places. It is also segmented by care type into critical care, fall prevention, bariatric care, and by end-user into homecare, hospitals, and others. The patient handling equipment market research report is one of a series of new reports from The Business Research Company that provides patient handling equipment market statistics, including patient handling equipment industry global market size, regional shares, competitors with a patient handling equipment market share, detailed patient handling equipment market segments, market trends and opportunities, and any further data you may need to thrive in the patient handling equipment industry. This patient handling equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global patient handling equipment market grew from $20.35 billion in 2022 to $21.25 billion in 2023 at a compound annual growth rate (CAGR) of 4.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The patient handling equipment market is expected to grow from $24.62 billion in 2027 at a CAGR of 3.8%. The increasing geriatric population profile of most countries contribute to the growth of the patient handling equipment market. The older population accounts for a higher percentage of hospital admissions owing to the high risk of acquiring chronic and other diseases, thereby generating a higher need for patient handling equipment. According to the World Health Organization, in 2020, there were 1 billion people in the world who were aged 65 years and above. The numer is expected to rise to 1.4 billion by 2030 and 2.1 billion by 2050. Therefore, an increase in the size of the geriatric population is anticipated to boost the demand for the patient handling equipment market during the forecast period. Inconvenience caused by wheelchairs and other patient handling equipment is likely to act as a major restraint for patient handling equipment’s market growth. Physical barriers associated with wheelchairs include inaccessible surroundings, lack of pavements, and climate and physical terrain. For instance, according to the American Nurses Association (ANA), the physical environment can lead to restrictions on the movement and positioning of the patients. This scenario is projected to impact the growth of the patient handling equipment market. The development of smart wheelchairs is a key trend gaining popularity in the patient handling equipment market. A smart wheelchair is a power wheelchair fitted with sensors, cameras, and a computer-based system as the main processing unit, allowing it to handle complex tasks. Major organizations and researchers are concentrating on smart wheelchairs that incorporate sensors and intelligence to reduce the need for human interaction. For instance, in December 2020, Phoenix Instinct, a UK-based mobility equipment company introduced a lightweight wheelchair with a movable axle position that prevents overbalancing by automatically adjusting the chair's center of gravity. The wheelchair is fitted with sensors which detects user movement and direction forward or backward and changes the axle angle to compensate. In March 2021, Direct Healthcare Group, a UK-based medical device company, acquired United Care BV for an undisclosed amount. The acquisition would expand direct healthcare group’s safe moving and handling portfolio and help it better serve the customers. United Care BV is a Netherlands based manufacturer of patient handling solutions. Major players in the patient handling equipment market are ArjoHuntleigh Inc., Hill-Rom Holdings Inc., Invacare Corporation, Stryker Corporation, Drive Divilbiss Healthcare Inc., ETAC AB, Gf Health Products Inc., Guldmann, Inc., Handicare Group AB, and Joerns Healthcare LLC. North America was the largest region in the patient handling equipment market in 2022. Western Europe was the second largest region in the global patient handling equipment market report. The regions covered in the global patient handling equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the patient handling equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The patient handling equipment market consists of sales of accessories, air lateral transfer systems, bed frames, commodes, patient lifts, stretchers, therapy surfaces, and transfer chairs. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global patient handling equipment market is segmented - 1) By Product Type: Wheelchairs, Mobility Scooters, Medical Beds, Patient Transfer Equipment, Other Product Types 2) By Care Type: Critical Care, Fall Prevention, Bariatric Care, Wound Care, Other Care Types 3) By End-User: Biopharmaceutical And Pharmaceutical Companies, Research Institutes, Homecare, Hospitals, Other End-Users

Construction machinery refers to heavy machines designed for performing construction operations. Construction machinery is used in construction projects to load and unload materials, drive tools and materials into and out of a construction site, feed or retrieve material into a processing machine, handle raw materials by transporting them, cut trees and other vegetation, and many other applications. The main products of construction machinery are earthmoving, material handling, building & road construction equipment, and autonomous construction equipment. Earthmoving refers to machinery that is used for digging and moving large amounts of soil. The various applications involved are excavation & mining, lifting & material handling, earthmoving, transportation, and other applications. The various end-users involved are Oil & Gas, Construction & Infrastructure, Manufacturing, Mining, and other end-users. The construction machinery market research report is one of a series of new reports from The Business Research Company that provides construction machinery market statistics, including the construction machinery industry global market size, regional shares, competitors with a construction machinery market share, detailed construction machinery market segments, market trends and opportunities, and any further data you may need to thrive in the construction machinery industry. This construction machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global construction machinery market size will grow from $308.97 billion in 2022 to $336.72 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global construction machinery market size is expected to grow from $458.34 billion in 2027 at a CAGR of 8.0%. Increasing investment in infrastructure is anticipated to contribute to the construction machinery’s market growth. According to the World Economic Forum, the investment in infrastructure worldwide is projected to reach $79 trillion by 2040. Similarly, in the Union Budget 2022-23, the government of India allocated Rs. 10 lakh crore (US$ 130.57 billion) to massively push the infrastructure sector. The surge in investments in infrastructure is likely to generate higher demand for construction machinery and equipment, thereby driving the growth of the construction machinery market. The COVID-19 outbreak acted as a major restraint on the construction machinery market during 2020. The rapid surge in the number of people suffering from coronavirus forced the government to impose lockdowns resulting in the temporary closure of many businesses. Large infrastructure building projects were kept on hold due to social distancing practices imposed worldwide. This led to decreased demand for construction machinery and companies in the market had to halt or slow down their production impacting the revenues of the market. For instance, Hitachi Construction Machinery Co., Ltd., a Japan-based construction company engaged in manufacturing and sales of construction and transportation machinery announced the halt of production at many sites including Russia, the Middle East, Africa, and Asia during COVID-19 lockdowns. In recent years, the construction machinery market has seen a number of strategic initiatives, including partnerships and the launch of innovative products. Major companies in the market are continuously focusing on collaborating with other companies to expand their product portfolio and geographical presence. For instance, Caterpillar Inc., a US-based construction machinery and equipment manufacturer announced a partnership agreement with Newmont Mining, a US-based gold producer to develop underground vehicle automation technology. The companies together plan to focus on Caterpillar's semi-autonomous system for underground loaders and improving existing technology. In October 2021, National Equipment Dealers LLC., a US-based company that rents, sells, and services large heavy equipment acquired Grove River Machinery for an undisclosed amount. With the Grove River acquisition, National Equipment Dealers LLC would successfully grow scale, filling the company’s geographic gaps, and expanding its reach into Georgia. Grove River Machinery is a Georgia-based company engaged in heavy equipment dealerships. The company represented the product line of Hyundai and Kobelco construction equipment. Major players in the construction machinery market are Caterpillar Inc., Komatsu Ltd., Deere & Company, Volvo AB, Hitachi Ltd., Zoomlion Heavy Industry Science, and Technology Co. Ltd., Liebherr Group, EXOR Group, Doosan Infracore Co. Ltd., and Oshkosh Corp. Asia-Pacific was the largest region in the construction machinery market in 2022. Western Europe was the second-largest region in the global construction machinery market. The regions covered in the global construction machinery report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the construction machinery market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The construction machinery market consists of sales of construction machinery, including backhoes, bulldozers, construction and surface mining-type rock drill bits, construction-type tractors, off-highway trucks, pile-driving equipment, portable crushing, pulverizing and screening machinery, powered post hole diggers, road graders and surface mining machinery. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global construction machinery market is segmented - 1) By Product: Earthmoving, Material Handling, Building & Road Construction Equipment, Autonomous Construction Equipment 2) By Application: Excavation & mining, Lifting & material handling, Earth moving, Transportation, Other Applications 3) By End User: Oil & Gas, Construction & Infrastructure, Manufacturing, Mining, Other End Users

Top robotics refers to a branch of engineering that manufactures industrial and service robotics which are digitized, highly programmable, and capable of moving across more than three dimensions. The main types of top robotics are top industrial robots and top services robots. An industrial robot refers to one that is developed to automate intensive production tasks such as those needed by a continuously moving assembly line used to free humans from repetitive tasks such as house cleaning and others. These robots are widely used for several applications such as handling, welding and soldering, assembling and disassembling, dispensing, and others in various sectors such as automotive, electrical, chemical, food & beverages, and others. The top robotics market research report is one of a series of new reports from The Business Research Company that provides top robotics market statistics, including top robotics industry global market size, regional shares, competitors with a top robotics market share, detailed top robotics market segments, market trends and opportunities, and any further data you may need to thrive in the top robotics industry. This top robotics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global top robotics market size grew from $88.28 billion in 2022 to $110.23 billion in 2023 at a compound annual growth rate (CAGR) of 24.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The top robotics market size is expected to grow to $219.28 billion in 2027 at a CAGR of 18.8%. The increase in use of robots in the logistics sector is projected to fuel the growth of the top robotics market over the coming years. The total procedure of handling how assets are bought, stored, and transported to their eventual destination is referred to as logistics. Robotics in logistics allows for remote connections with devices from which humans can observe and oversee the robot's operations, as well as lower logistics costs, more rapid cargo preparation, and higher delivery precision. For instance, according to the International Federation of Robotics, a US-based professional non-profit organization to promote, strengthen and protect the robotics industry, about 121,000 professional service robots were sold in 2021. Sales of medical robots were up 23% to 14,823 units. Therefore, the increasing use of robots in the logistics sector drives the growth of the top robotics market. The growing technological advancements are shaping the top robotics market. Technological advancements have authorized manufacturers to use lightweight robots that can manage numerous tasks and improve productivity. Artificial intelligence, machine learning, and other emerging technologies have been put into robots to replicate human intelligence and facilitate some of the jobs that humans perform. For instance, in January 2020, Omron, a Japan-based electronics company launched the Omron i4 which has an inbuilt AI system for predictive maintenance. This is a next-generation industrial robot that can identify and communicate when it's time for repairs and maintenance. In March 2021, Accenture, an Ireland-based company that provides consulting and processing services acquired Pollux for an undisclosed amount. The acquisition will expand Accenture’s capabilities for clients in consumer goods, pharmaceutical, and automotive industries seeking to make their factories, plants, and supply chains more productive, safe, and sustainable. Pollux is a Brazil-based provider of industrial robotics and automation solutions. Major players in the top robotics market are ABB Ltd., Yaskawa, FANUC, KUKA, Kawasaki Heavy Industries, Nachi-Fujikoshi, Honda Motor, Adept Technology, Mitsubishi Electric, Northrop Grumman, Denso, Epson, Universal Robots, Omron Adept, Stäubli, Comau, Yamaha, ST Robotics, CMA Robotics, Daifuku, Neato Robotics, SoftBank Robotics Group, UBtech Robotics, GE Inspection Robotics, and Starship Technologies. Asia-Pacific was the largest region in the top robotics market in 2022. The regions covered in the top robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the top robotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The top robotics market consists of sales of articulated, cartesian, SCARA, cylindrical robotics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global top robotics market is segmented - 1) By Type: Top Industrial Robotics, Top Services Robotics 2) By Application: Handling, Welding And Soldering, Assembling And Disassembling, Dispensing, Other Applications 3) By End Use Industry: Automotive, Electrical And Electronics, Metals And Machinery, Food And Beverages, Pharmaceuticals And Cosmetics, Other End Use Industries

Construction equipment rental refers to the service of renting out small and large construction equipment required for the execution, completion, and maintenance of construction work. Renting construction equipment saves construction contractors the cost of new equipment, labour costs, maintenance costs, and operational costs. The main construction rental equipment includes earthmoving, material handling, road building, and concrete. Earthmoving construction equipment moves soil and other material on heavy construction sites in preparation for constructing buildings. The different construction equipment rental products include backhoes, excavators, loaders, crawler dozers, cranes, concrete pumps, compactors, transit mixers, and concrete mixers, which are used in residential, commercial, and industrial applications. The construction equipment rental research report is one of a series of new reports from The Business Research Company that provides construction equipment rental statistics, including global market size, regional shares, competitors with construction equipment rental shares, detailed construction equipment rental segments, market trends and opportunities, and any further data you may need to thrive in the construction equipment rental industry. This construction equipment rental research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global construction equipment rental market size grew from $95.23 billion in 2022 to $100.1 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The construction equipment rental market size is expected to grow to $121.76 billion in 2027 at a CAGR of 5.0%. The growing construction industry is expected to propel the growth of the construction equipment rental market going forward. The construction industry is rising because of ongoing urbanization, impending infrastructural projects, and a growing population base. The construction sector uses a variety of construction equipment such as tower cranes, bulk material handling, transit mixers, batching plants, concrete pumps, and others. Renting this equipment helps contractors reduce the cost of purchase and maintenance. According to the global construction review report published in 2021, construction will be a driving force in global economic growth in the decade to 2030, with output estimated to be 35% greater than in the previous ten years to 2020. Hence, the growing construction industry will drive the growth of the construction equipment rental market. Replacing conventional equipment with telematics-integrated machinery is a rising trend in the construction equipment market. Telematics is integrated into the construction equipment for GPS fleet tracking, maximizing fleet utilization, safeguarding equipment from theft, improving billing, equipment utilization, and others. For instance, in 2020, Appareo, a US-based manufacturer of electronic and software solutions, launched a cellular asset tracking device for off-highway equipment called  AT-130 (IP69K). The device is embedded with GPS and cellular capabilities have a high battery life and can withstand high pressure. The high-performance positioning and motion-sensing capabilities ensure that motion-based reporting is done based on true machinery repositioning, which helps to extend the battery life of the equipment and reduce false alarms. In October 2022, H&E Equipment Services, Inc., a US-based integrated equipment company that provides equipment rentals, sales, parts, and service, acquired One Source Equipment Rentals Inc. for an undisclosed amount. This acquisition will help H&E Equipment Services, Inc. expand its presence in Illinois, Indiana, and Kentucky by adding 10 equipment rental locations. One Source Equipment Rentals Inc. is a US-based supplier of construction and industrial equipment on rent. Major players in the construction equipment rental market are H&E Equipment Services, Inc., Maxim Crane Works, L.P., Boels Rentals, United Rentals Inc., Ashtead Group PLC., Loxam, Herc Holdings Inc., Aktio Corporation, Kanamoto Co., Ltd., Taiyokenki Rental Co., Ltd., Cramo, Ramirent PLC., Kiloutou, Speedy Hire PLC., Nishio Rent All Co. Ltd., The Hertz Corporation, Ahern Rentals, and Nikken Corporation North America was the largest region in the construction equipment rental market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the construction equipment rental market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the construction equipment rental market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The construction equipment rental market consists of revenues earned by entities that rent out construction-related machinery, equipment, and tools to other contractors and professionals for a flat rate on a daily, weekly, or monthly basis. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global construction equipment rental market is segmented - 1) By Equipment: Earthmoving, Material Handling, Road Building And Concrete 2) By Product: Backhoes, Excavators, Loaders, Crawler Dozers, Cranes, Concrete Pumps, Compactors, Transit Mixers, Concrete Mixers 3) By Application: Residential, Commercial, Industrial