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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Equipment used to move, store, control, and protect materials, goods, and products during the production, distribution, consumption, and disposal processes is known as material handling equipment (MHE).
In addition to being utilised to operate sluice gates, manufacture turbines, and handle heavy machinery like transformers, alternators, and water flow control valves during maintenance, electromechanical material handling equipment is also used.
Industrial overhead cranes are crucial to the production of wind turbines. Aerospace, automotive, chemical, construction, consumer products, e-commerce, food, manufacturing, pharmaceutical, retail, warehousing, and distribution are just a few of the industries that use material handling systems.
The Global Electric material handling equipment market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Launch of the New Bravo Electric Three-Wheel Forklift by Godrej Material Handling A division of Godrej & Boyce Mfg. Co. Ltd.
called Godrej Material Handling has announced its entry into the market for 3-wheel electric forklift trucks. The newest three-wheel electric version of GM's Bravo Forklift Truck for the 1.6 to 2 tonne category has been released.GMH is the largest lift truck manufacturer in the nation.
The Bravo was totally developed and produced in India over the course of more than two years of R&D. Its small size, fastest travel speed (15 km/hr) in the class, and best-in-class turning radius (25 percent less than four-wheeled trucks) enable it to perform operations with efficiency.
Most notably, the newest wet disc brakes, which offer improved braking efficiency and lessen operator strain, are a standard feature on all 3-Wheel Bravo Forklifts.
The truck is more dependable and efficient thanks to the wet disc brakes, which provide a lengthy 6000-hour repair interval. They think it's important to keep their clients' businesses moving forward.
Their work has always been driven by innovation, and they make an effort to develop environmentally friendly items. They built the innovative 3-Wheel Bravo series here in the country as a reflection of this concept.
They feel that because this device is loaded with the newest performance-improving and safety features, it will raise the bar for innovation and safety in its category.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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