Cargo Handling Equipment Market is expected to reach a CAGR of 3.61% over the forecast period to reach 27.02 billion USD in 2023, compared to 22.08 billion USD in 2018.Due to globalization and industrialization, foreign trade in bulk commodities has increased considerably, with transport through containers by air, sea, and road. To load and unload containers at air cargo terminals, seaports, and other logistics stations, container handling equipment is considered a viable option. Besides, container handling equipment, such as trucks, cranes, forklifts, and others, has completed the process of moving goods from one location to another with less complexity. The aspect of container cargo handling on ships and planes becomes critical and requires containers to handle the equipment. With the evolution of technology, container handling equipment is also automated and recognized as a significant trend in the container handling industry.
Market profile:
In terms of type, the market for cargo handling vehicles can be divided into RTG, forklifts, conveyors, automated guided vehicles, loaders, cranes, and others. The market share of the RTG segment is outstanding because of its intensive use in seaports for intermodal transport. It is expected that the sector will grow at a significant growth rate and will likely remain predominant over the forecast period. RTGs are efficiently powered mobile vehicles that offer low operating costs and less noise.Depending on the application, the market for cargo handling vehicles can be separated into motor vehicles, marine, and others. The marine applications sector leads the handling vehicle market. This is due to the increased trade in goods and materials via the sea and the oceans, maritime trade being ideal for the mass transport of goods. Besides, the large mass can be easily transported using a handling vehicle. This, in turn, is expected to boost the market for vehicles for cargo handling equipment during the forecast period.
Based on the region, the global refrigerant is segmented into Asia-Pacific, North America, Europe, Latin America, Middle East, and Africa.
Target group:
Key players:
The main player studies, analyzed, profiled and referenced in the cargo handling equipment market are Anhui Heli, Emerson Electric, Gantrex, Hangcha Group Co., Mallaghan Engineering, Mitsubishi, Sany, Shanghai Zhenhua, Heavy Industries, Siemens AG, Tec Containers, Teleflex Lionel-Dupont, Terex, Toyota Industries and Tug Technologies.
Key points:
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Cargo Handling Equipment Market, By Application
6.1.1 Air
6.1.2 Land
6.1.3 Marine
6.1.4 Market Size Estimations & Forecasts (2019-2024)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Cargo Handling Equipment Market, By Equipment
6.2.1 Conveyors
6.2.2 Forklift Truck
6.2.3 Aviation Dolly
6.2.4 Pallet Jack
6.2.5 AGV
6.2.6 Crane
6.2.7 RTG
6.2.8 Loader
6.2.9 Stacker
6.2.10 Straddle Carrier
6.2.11 Terminal Tractor
6.2.12 Propulsion
6.2.13 Market Size Estimations & Forecasts (2019-2024)
6.2.14 Y-o-Y Growth Rate Analysis
6.2.15 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Application
7.2.3 By Equipment
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Application
7.3.3 By Equipment
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Application
7.4.3 By Equipment
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Application
7.5.3 By Equipment
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Application
7.6.3 By Equipment
8. Key Player Analysis
8.1 Anhui Heli
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Emerson Electric
8.3 Gantrex
8.4 Hangcha Group Co.
8.5 Mallaghan Enginering
8.6 Mitsubishi
8.7 Sany
8.8 Shanghai Zhenhua
8.9 Heavy Industries
8.10 Siemens AG
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures