With the development of China's logistics market, it has also brought unprecedented development opportunities for the material handling equipment industry. The production equipment industry in the modern logistics industry chain of the material handling equipment sector, hardware tools are the main providers for the development of modern logistics, which is the foundation for the integrated development of modern logistics, machinery, and traditional and modern logistics equipment manufacturing. Therefore, to achieve rapid development of the modern logistics industry, it is essential to have the support of logistics equipment and facilities, material handling equipment, and the modern logistics industry chain, which has increasingly attracted widespread attention and importance.

Currently, the development prospects of China's material handling equipment industry are very promising:

1. The trend of clustering in the global material handling equipment industry is continuously developing, where manufacturing enterprises of the same or related industries organically gather in local areas (regions) to gain competitive advantages through continuous innovation. In the process of industrial clustering, distinctive small and medium-sized enterprises play an important role. Enterprises with regional concentration and related institutions (universities, chambers of commerce, etc.) compete and cooperate in specific fields.
2. The equipment manufacturing industry is developing towards informatization, with new development trends mainly in the development and application of flexible manufacturing systems and computer-integrated manufacturing systems, as well as the direction of intelligent manufacturing development. In this process, the informatization, softwareization, and high added value of the industry will be realized; from the perspective of technological development, the integration of technology; from the perspective of product development, the high added value, intelligence, systematization, and network integration of products will manifest as system integration, software integration, technology integration, and interface integration. Network technology has accelerated the globalization process of the manufacturing industry, changing the production and circulation methods of the manufacturing industry, especially the equipment manufacturing industry. E-commerce and IT technology have fundamentally changed the production, consumption, and circulation methods of the equipment manufacturing industry, resulting in significant changes in the trade field and accelerating the globalization process of the equipment manufacturing industry.
3. Entering the service period. Today's manufacturing industry involves the entire lifecycle of products from market research, product development or improvement, production manufacturing, sales, after-sales service to product scrapping, disassembly, or recycling, reflecting the spirit of serving customers and society. With the arrival and continuous development of the knowledge economy, the manufacturing industry is transforming into a service industry and information industry in a certain sense. In recent years, the development of manufacturing networks and e-commerce has fully demonstrated the development trend of equipment manufacturing services. As the trend of service in the equipment manufacturing industry develops, the proportion of services (global services, the same below) in the sales of many enterprises is continuously increasing, and the role of services in improving the company's gross profit margin and operating profit margin is also continuously strengthening.