MMH    Topics 

MHIA forecasts growth of 8% to 9% for 2012 and 6% in 2013 with continued growth in 2014

Shipments forecasted to grow 9% in 2012 and 7.5% in 2013 and 2014.


Material handling equipment orders are forecasted to grow 8.0% to 9.0% in 2012 and 6.0% in 2013, according to the latest Material Handling Equipment Manufacturing Forecast (MHEM) released by Material Handling Industry of America (MHIA).

“Consumers’ and Investors’ confidence is best characterized as uncertain; unemployment, industrial production activity and factory operating rates (utilization) are improving modestly,” said Hal Vandiver, MHIA executive consultant. “All are favorably impacting MHEM; but, do not indicate robust growth. Residential and non-residential construction, if forecasts hold, will contribute greatly to positive growth in 2014 and beyond. We have extended the forecast of 2012 to 2013; and in 2014, indicated the expectation for slower growth.”

In addition, material handling equipment shipments are forecasted to grow 9.0% in 2012 and 7.5% in 2013 and 2014. Domestic demand (shipments plus imports less exports) will likely mirror shipment growth in 2012, 2013 and 2014.

The MHEM forecast of material handling equipment manufacturing is released each quarter by MHIA and looks 12 to 18 months forward to anticipate changes in the material handling and logistics marketplace.


Article Topics

News
Manufacturing
MHI
   All topics

Latest in Materials Handling

NetLogistik partners with Vuzix subsidiary Moviynt to offer mobility solutions for warehouses
Materials Handling Robotics: The new world of heterogeneous robotic integration
Lucas Watson appointed CSO for Körber’s Parcel Logistics business in North America
Hyster recognizes Dealers of Distinction for 2023
Carolina Handling names Joe Perkins as COO
C-suite Interview with Keith Moore, CEO, AutoScheduler.AI: MODEX was a meeting place for innovation
Walmart deploying autonomous lift trucks at four of its high-tech DCs
More Materials Handling

Subscribe to Materials Handling Magazine

Subscribe today!
Not a subscriber? Sign up today!
Subscribe today. It's FREE.
Find out what the world's most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today.

Latest Resources

Materials Handling Robotics: The new world of heterogeneous robotic integration
In this Special Digital Edition, the editorial staff of Modern curates the best robotics coverage over the past year to help track the evolution of this piping hot market.
Case study: Optimizing warehouse space, performance and sustainability
Optimize Parcel Packing to Reduce Costs
More resources

Latest Resources

2023 Automation Study: Usage & Implementation of Warehouse/DC Automation Solutions
2023 Automation Study: Usage & Implementation of Warehouse/DC Automation Solutions
This research was conducted by Peerless Research Group on behalf of Modern Materials Handling to assess usage and purchase intentions forautomation systems...
How Your Storage Practices Can Affect Your Pest Control Program
How Your Storage Practices Can Affect Your Pest Control Program
Discover how your storage practices could be affecting your pest control program and how to prevent pest infestations in your business. Join...

Warehousing Outlook 2023
Warehousing Outlook 2023
2023 is here, and so are new warehousing trends.
Extend the Life of Brownfield Warehouses
Extend the Life of Brownfield Warehouses
Today’s robotic and data-driven automation systems can minimize disruptions and improve the life and productivity of warehouse operations.
Power Supply in Overhead Cranes: Energy Chains vs. Festoons
Power Supply in Overhead Cranes: Energy Chains vs. Festoons
Download this white paper to learn more about how both systems compare.