Material handling orders grow, continues to accelerate, report finds

MHI forecast projects double-digit growth by 2014

06/06/2013


Material handling equipment new orders grew 7.2% in 2012 and are expected to grow between 5.0% to 6.0% in 2013 and 10.0% or more in 2014, according to the latest Material Handling Equipment Manufacturing Forecast (MHEM) released by MHI.

“As the current US economic expansion shifts from capital expenditure driven to consumer-led, we anticipate modest, positive MHEM growth for 2013. Housing, automotive rebounds and expansion in industrial, warehouse and commercial buildings (over 69% from 2014 to 2018) will contribute substantially to improved MHEM growth for 2014 and beyond," said Hal Vandiver, MHI executive consultant.

In addition, material handling equipment shipments grew 9.8% in 2012 and are projected to grow 3.5% in 2013 and 9.1% in 2014. Domestic demand (shipments plus imports less exports) grew 10.9% in 2012 and is estimated to grow 3.4% in 2013 and just over 9.5% in 2014.

MHEM trade growth slowed by more than 50.0% in 2012 reflecting reduced U.S. demand and serious problems in foreign markets. Import growth in 2012 was 17.9%, down from 37.7% in 2011. Export growth was 11.2% in 2012, down from 26.2% in 2011. MHEM imports and exports are expected to slow dramatically in 2013 and rebound modestly beginning mid-2014.

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

Download the complete forecast.



No comments
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
High-performance buildings; Building envelope and integration; Electrical, HVAC system integration; Smoke control systems; Using BAS for M&V
Pressure piping systems: Designing with ASME; Lab ventilation; Lighting controls; Reduce energy use with VFDs
Smoke control: Designing for proper ventilation; Smart Grid Standard 201P; Commissioning HVAC systems; Boilers and boiler systems
Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Consulting-Specifying Engineer case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.

These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.

Click here to visit the Case Study Database and upload your case study.

Protecting standby generators for mission critical facilities; Selecting energy-efficient transformers; Integrating power monitoring systems; Mitigating harmonics in electrical systems
Commissioning electrical systems in mission critical facilities; Anticipating the Smart Grid; Mitigating arc flash hazards in medium-voltage switchgear; Comparing generator sizing software
Integrating BAS, electrical systems; Electrical system flexibility; Hospital electrical distribution; Electrical system grounding
As brand protection manager for Eaton’s Electrical Sector, Tom Grace oversees counterfeit awareness...
Amara Rozgus is chief editor and content manager of Consulting-Specifier Engineer magazine.
IEEE power industry experts bring their combined experience in the electrical power industry...
Michael Heinsdorf, P.E., LEED AP, CDT is an Engineering Specification Writer at ARCOM MasterSpec.