Material Handling Equipments Procurement Intelligence
The global material handling equipments category is anticipated to grow at a CAGR of 5.85% from 2023 to 2030.
Key factors driving the growth of the category include innovations in technology and the incorporation of Industry 4.0 into logistics infrastructure and warehouse management systems, growing need for expedited delivery, improved warehouse operations, and effective order fulfilment. In addition, the category is also being fuelled by rising e-commerce combined with shifting customer preferences is advancing last-mile delivery robot capabilities, and growing industrialization and the need for automation in material handling machinery. However, costly initial outlay for the purchase and upkeep of the product offered in the category places limitations on companies, especially small and medium-sized ones (SMEs). This may hinder the growth of the category during the forecasted timeframe.
Order your copy of the Material Handling Equipments category procurement intelligence report 2023-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
Material Handling Equipments Procurement Intelligence Report Scope
The Material Handling Equipments category is expected to have pricing growth outlook of 4% – 8% increase (Annually) from 2023 to 2030, with below pricing models.
- Cost-plus pricing
- Competition-based pricing
Supplier Selection Scope of Report
- Cost and pricing
- Past engagements
- Productivity
- Geographical presence
Supplier selection criteria of Report
- Industries served
- years in service
- geographical service provision
- types of equipments
- power output
- propulsion type
- on-site assistance
- regulatory compliance
- others
Material Handling Equipments Procurement Intelligence Report Coverage
Grand View Research will cover the following aspects in the report:
- Market Intelligence along with emerging technology and regulatory landscape
- Market estimates and forecasts from 2022 to 2030
- Growth opportunities, trends, and driver analysis
- Supply chain analysis, supplier analysis with supplier ranking and positioning matrix, supplier’s recent developments
- Porter’s 5 forces
- Pricing and cost analysis, price trends, commodity price forecasting, cost structures, pricing model analysis, supply and demand analysis
- Engagement and operating models, KPI, and SLA elements
- LCC/BCC analysis and negotiation strategies
- Peer benchmarking and product analysis
- Market report in PDF, Excel, and PPT and online dashboard versions
Material Handling Equipments Procurement Cost and Supplier Intelligence
Cost of equipment, financing, insurance, fuel expenses, and repairs & maintenance constitute the total cost of ownership for the products offered in the category. The factors that drive the prices of the equipments include demand & supply, manufacturer, model & safety features, and resale value.Prices of equipment are impacted by the laws of supply and demand. Prices decrease as a result of increased competition among firms for machinery. Purchasers benefit if a certain equipment is oversupplied in the market.
In addition,there are many equipment manufacturers, but only a handful control the market. The annual sales of new and second-hand equipment around the world reflect the fact that many businesses only purchase one or two specific brands of machinery. In the U.S., the price of high-rise crawler excavator ranges between USD 99,500 to USD 124,500. The price of diesel forklift ranges between USD 5,900 to USD 9,500.
List of Key Suppliers
- BEUMER Group GmbH & Co. KG
- Crown Equipment Corporation
- Daifuku Co., Ltd.
- Fritz SCHÄFER GmbH & Co KG
- Hyster-Yale Materials Handling, Inc.
- Jungheinrich AG
- Kardex Holding AG
- KION Group AG
- KUKA AG
- Liebherr-International Deutschland GmbH
- Mitsubishi Heavy Industries, Ltd.
- Toyota Industries Corporation
Add-on Services provided by Grand View Research Pipeline:
- Should Cost Analysis
Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process
- Rate Benchmarking
Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best suited engagement with the supplier
- Salary Benchmarking
Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house.
- Supplier Newsletter
A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc.
Browse through Grand View Research’s collection of procurement intelligence studies:
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Cyber Security Procurement Intelligence Report, 2023 – 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Our services include (not limited to):
- Market Intelligence involving – market size and forecast, growth factors, and driving trends
- Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
- Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
- Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions
