Container Handling Equipment Market By Equipment Type (Carrier, Crane, Mobile Carrier Vehicles, Automated Equipment), By Propulsion Type (IC Engine, Electric, Hybrid), By Lifting Capacity (Less than 50 ton, 50-100 ton, More than 100 ton), By End User (Ports, Container Freight Stations, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
Container handling equipment is a type of machinery and vehicles designed to handle shipping containers efficiently at ports, terminals, and other logistics facilities. Container handling equipment is critical to the seamless transportation and transfer of containers, as well as the effective cargo handling activities. Container handling equipment is widely used in a variety of settings and circumstances. Gantry cranes are used in ports to unload containers from ships and load them onto trucks or trains for further transportation. In container terminals, reach stackers are routinely used to stack and organize containers in storage yards. Straddle carriers are frequently used in intermodal facilities to move containers between modes of transportation such as ships, trains, and trucks. Terminal tractors are prevalent in logistics hubs, where they transfer containers from one point within the facility to another. There are various types of container handling equipment that are regularly utilized in the locations such as ports and container freight stations. Most used equipment in a port is a gantry crane. The container gantry crane moves on rails and is used to lift and move containers within a port or terminal. These cranes have a huge lifting capability and can transfer containers from ships to trucks or vice versa. Another type of equipment is the reach stacker, which is a multipurpose vehicle with a telescopic boom that can lift and stack containers in a yard. Reach stackers are extensively used in container ports and storage yards to efficiently organize and stack containers.
The growth in global trade has a significant impact on the expansion of container handling equipment. With the increase in international trade, there is a higher demand for efficient and reliable transportation of goods, which can be transported from one continent to other with the help of containers. The demand for numerous cargo that includes, food, petroleum and petroleum related products drive the need for containers globally. Therefore, increasing the demand for advanced container handling equipment to handle the growing volumes of containers at ports, terminals, and logistics facilities. With the rise in global trade, container handling equipment plays a vital role in facilitating the movement of goods between countries, ensuring smooth operations and timely delivery. For example, as trade between China and the United States grows, container handling equipment at major ports like Shanghai and Los Angeles experiences increased utilization to handle the large influx of containers. The growth in global trade also encourages innovation and technological advancements in container handling equipment, leading to the development of more efficient and automated systems. Overall, the growth in global trade directly contributes to the expansion and development of container handling equipment, enabling the seamless flow of goods across borders, and supporting international commerce.
The ports and container freight stations are adopting automated container handling equipment that can perform tasks of loading and unloading containers without any human intervention. Automation involves the use of advanced systems and robotics to streamline operations and improve efficiency. The automation of loading and unloading process leads to increase in productivity and provide safety to the operators working in locations. For example, automated container cranes can handle containers more efficiently, reducing the time it takes to load and unload ships. Automated guided vehicles (AGVs) can navigate through terminals and transport containers with minimal human intervention.
The container handling equipment market is segmented into by equipment type, propulsion type, lifting capacity, end user, and region. By equipment type, the market is classified into carrier, crane, mobile carrier vehicles and automated equipment. By propulsion type, the market is classified into IC engine, electric, and hybrid. By lifting capacity, the market is divided into less than 50 ton, 50-100 ton, and more than 100 ton. By end user, the market is categorized into ports, container freight stations and others. By region, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.
The key players in the container handling equipment market include Cargotec Corporation., Liebherr Group, Sany Group Co., Ltd., Hyster-Yale Materials Handling, Inc., Toyota Industries Corporation, PALFINGER AG, China Communications Construction Company, Ltd., Tadano Ltd., CVS ferrari S.P.A., Ambergate Invest Sverige AB.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the container handling equipment market analysis from 2022 to 2032 to identify the prevailing container handling equipment market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the container handling equipment market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global container handling equipment market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy Equipment TypeCarrier
Crane
Mobile Carrier Vehicles
Automated Equipment
By Propulsion TypeIC Engine
Electric
Hybrid
By Lifting CapacityLess than 50 ton
50-100 ton
More than 100 ton
By End UserPorts
Container Freight Stations
Others
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
Belgium
Netherlands
Greece
Rest of Europe
Asia-Pacific
China
Vietnam
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market PlayersCargotec Corporation.
Liebherr Group
Sany Group Co., Ltd.
Hyster-Yale Materials Handling, Inc.,
Toyota Industries Corporation
PALFINGER AG
China Communications Construction Company, Ltd.
Tadano Ltd.
CVS ferrari S.P.A.
Ambergate Invest Sverige AB
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