Global Container Handling Equipment Market Overview 2023-2028
The global container handling equipment market size reached US$ 7.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.
Container handling equipment is specialized machinery and tools that are designed to efficiently load, unload, stack, and transport shipping containers in various industrial and commercial settings. They comprise container cranes, straddle carriers, reach stackers, forklift trucks, and terminal tractors. They ensure smooth operations, minimize downtime, and enhance productivity in the supply chain. They have the ability to lift heavy loads and maneuver containers with precision, and enable seamless movement of goods. Besides this, they assist in streamlining the movement of containers within ports, logistics hubs, warehouses, and distribution centers.
Global Container Handling Equipment Market Trends and Drivers:
At present, the rising demand for advanced machinery that can handle containers quickly and safely represents one of the primary factors supporting the growth of the market. Besides this, the increasing demand for eco-friendly and energy-efficient container handling equipment to reduce carbon emissions is strengthening the growth of the market. In line with this, the growing demand for container handling equipment due to the rising international trade around the world is positively influencing the market. Apart from this, the increasing employment of container handling equipment among businesses to optimize their supply chain operations and handle large volumes of goods is providing lucrative growth opportunities to industry investors. Furthermore, the rising integration of advanced features, such as remote monitoring, telematics, and autonomous capabilities in container handling equipment for reducing labor costs and improving safety, is bolstering the growth of the market.
Global Container Handling Equipment Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Anhui Heli Co. Ltd., Cargotec Oyj, CVS ferrari S.P.A., Hyster-Yale Materials Handling Inc., Konecranes Oyj, Liebherr-International AG, Lonking Holdings Limited, SANY Group, Shanghai Zhenhua Heavy Industries Company Limited and Toyota Industries Corporation.
The report segmented the market on the basis of region, equipment type, propulsion type and handling
Breakup by Equipment Type:
- Forklift Truck
- Stacking Crane
- Mobile Harbor Crane
- Rubber-tired Gantry Crane
Breakup by Propulsion Type:
- Diesel
- Electric
- Hybrid
Breakup by Handling:
- Automatic
- Manual
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa.
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Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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