Benefiting from the global manufacturing recovery and intelligent logistics upgrades, the global material handling machinery market reached 441.1 billion yuan in 2024, marking an 8.2% year-on-year increase. Sales of intelligent equipment such as AGV/AMR robots and automated storage systems surged over 20% year-on-year, expanding their market share to 27%. Regionally, the Asia-Pacific region emerged as the largest market, accounting for 52% of total demand, leveraging its manufacturing cluster advantages. Meanwhile, North America and Europe experienced robust growth driven by strong demand for warehouse and logistics automation upgrades, with respective growth rates of 9.5% and 7.8%. The global market is projected to exceed 480 billion yuan by 2025.