#materialhandlingequipmentmarket A number of innovations and updates are being introduced into the material handling equipment market as a result of the established market participants' rising investment. Such factors are encouraging potential end users to use material handling equipment more frequently for the growth of their businesses. The growth of the material handling equipment market is being presented with attractive opportunities by a number of government initiatives. The Chinese government's One Belt One Route (OBOR) plan in particular has encouraged the growth of the material handling equipment market.