Market Summary The global material handling equipment (MHE) market continues its upward trajectory, underpinned by rapid technological advancements and evolving supply chain demands. According to Polaris Market Research, the market was valued at USD 262.48 billion in 2025 and is projected to reach USD 426.33 billion by 2034, growing at a CAGR of 5.5% from 2026 to 2034.
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