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Pulished Date April, 2021
ID: 8172
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Container Handling Equipment Market by Type (ASC, STS, MHC, RTG, RMG, EMPTY and Laden FLT, Straddle Carrier, Reach Stacker, Terminal Tractor), Tonnage (<10 T, 10–40 T, 41–70 T, 71–100 T), Propulsion, Engine Capacity, Power Output, by Region - Global Industry Analysis, Size, Share, Growth, Investment, and Forecasts (2021–2026)

Pulished: April, 2021
ID: 8172
Pages: 175

Container Handling Equipment Market Size Share CAGR 2021-2026

Container Handling Equipment Market was valued at 6 billion USD in 2020, and it is expected to grow at a CAGR of 4.7% during the forecasted period of 2021 to 2026. the valuation of the industry will be 8.7 billion USD. The growth is attributed to the constantly increasing containerized trade, coupled with the rising trend of port automation. Currently, the Asia-Pacific market dominates the global container handling equipment market in terms of revenue due to the high volume of cargo transported from emerging economies such as China, India and Japan. The Europe Container Handling Equipment Market represented the second largest revenue share in the global container handling equipment market, due to the high adoption of automation in container handling and increased volume of exports and imports, followed by the North America, Latin America and the Middle East Africa Container Handling Equipment Markets respectively.

As indicated by the United Nations Conference on Trade and Development (UNCTAD), the volume of world sea exchange has arrived at 10 billion tons, which included dry load fares and imports, including mass merchandise and containerized exchange. The expanding holder exchange, combined with the expanding pattern of port computerization to satisfy developing need, has prompted the proposition for mechanized container handling equipment, which is driving interest for container handling equipment around the world. Also, to satisfy severe emanation guidelines, more vitality proficient equipment with low or zero outflows is requested, which would help the electric and hybrid market during the estimated time frame.

Container handling equipment can be of different types, where the most common are trucks, cranes and forklifts. Container handling equipment is widely used in air cargo terminals, logistics stations, seaports, etc. for efficient handling of goods. The part of dealing with container cargo on boats and planes is getting basic and requires container handling equipment. With the development of innovation, container handling equipment is additionally mechanized and perceived as a major pattern in the container handling industry. Quickly developed computerized container handling and lifting innovation zeroed in on cranes handling intermediate stockpiling of containers at the place of work. Also, rising assembling groups, raising computerized security and safety activities, and developing distribution center extension are driving the development of compartments for container handling equipment.

What is the Growth Rate of Container Handling Equipment Market?

Container Handling Equipment Market is projected to grow at a CAGR of 4.7% during the forecasted period 2021 to 2026.

What are the Recent Trends in the Container Handling Equipment Industry?

  1. In 2020, the Italian household company De’Loghi started using BASF SE’s polyethersulfone (PESU) for their coffee machine. The adoption came after the latter’s plastic product imposed superior properties and high resistance to temperature.
  2. Konecranes, a supplier of keen lifting solutions for the port and terminal industry, has dispatched the 11-ton void compartment handler, its most recent expansion to a line of "adaptable forklifts".
  3. The Port of Cork has gotten two Liebherr Post-Panamax Ship-to-Shore (STS) compartment cranes at the Cork holder terminal in the Republic of Ireland.

Drivers and Restraints of Market:

Several goods containers from different industries such as automotive, chemicals and materials, petrochemicals, and consumer goods, are transported every year in various regions including the Asia Pacific and the Middle East. Recently, the maximum transportation of containers has been noticed from Asian and Middle East countries. According to the World Shipping Council, of the top 50 container port terminals in terms of handling million TEU in 2015, around 30 were in Asia and the Middle East. Such a high volume of demand and trade has ignited the demand in the global container handling equipment market.

Container handling equipment is high-powered equipment that ranges from 140 to 550 kW. These devices are used in harsh working conditions. They also require constant monitoring to achieve the desired productivity. In the monitoring of equipment performance, there has been a huge change with the adoption of different technologies. By increasing the automation associated with this equipment, issues related to safety and security have been eradicated, which provided additional benefits such as real-time information of engine performance, fuel economy, tire pressure, HVAC, and maintenance and services.

Restraints:

The additional capital cost associated with container handling equipment is expected to hamper the growth of the market. Also, when integrated container handling equipment is installed in an industry, failure of any part of the equipment results in downtime of the production system. Furthermore, the high maintenance of the equipment has also become a factor that slows the growth of the market.

What are the Challenges facing the Container Handling Equipment Industry?

Innovations and technology have played a major role in giving a new face to the container handling industry. New container handling equipment includes modern technologies, such as touch screen displays, cameras, AI technology, and multiple sensors, to improve productivity and processes. However, these technologies have made the machines more convoluted. Also, continuous R&D efforts have resulted in products that are highly advanced and capable of handling multiple tasks.

All the steps involved in the designing, production, and distribution of this equipment require huge investments, which is, in turn, need to be brought even by raising the costs of the equipment. Additionally, the rising focus on cabin comfort and the constantly changing emission norms require equipment manufacturers to enhance their products, which further increases the expenditure. Therefore, the higher cost of container handling equipment may be a hindering factor that will adversely affect the business growth.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2021 - 2026

CAGR

4.7%

Segments Covered

By Propulsion Type, By Power Output, By Tonnage Capacity, Equipment Type

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Linde PLC, Wartsila, Color, Chart Industries,  Carbon Energy Group

Detailed Segmentation of the Global Container Handling Equipment Industry:

By Propulsion Type:

  • Diesel

  • Electric

  • Hybrid

By Power Output:

  • <150 kW

  • 150-200 kW

  • 201-300 kW

  • >300 kW

By Tonnage Capacity:

  • <10 Tons

  • 10-40 Tons

  • 41-70 Tons

  • 71-100 Tons

By Equipment Type:

  • Automatic Stacking Cranes

  • Empty Container Handling FLT

  • Ship To Shore Cranes

  • Mobile Harbour Cranes

  • Laden Forklift Trucks

  • RMG

  • RTG

  • Straddle Carriers

  • Reach Stackers

  • Terminal Tractors

Which Segmentation has the Highest Share in the Global Container Handling Equipment Industry?

The automatic Stacking segment accounted for the major share of the market in 2019. The growth in this segment is because of the increasing use of this type of tank as a result of the growing trade i.e., import and export of LNG across the globe and increase in the LNG bunkering facilities. These factors are the main reason to drive the demand for Container Handling Equipment during the forecast period.

Equipment such as RMG, ASC, and ship-to-shore cranes are offered in fully electric versions for container handling applications. RTG and straddle carriers are also available in an electric version along with diesel and hybrid variants. The stringent emission norms from various governments fuel the growth of this market. These rules and regulations for industrial equipment have witnessed non-stop upgrading at the regional level.

As per the European Union EU, the NOx (nitrogen oxide emissions) and Particulate Matter (PM) levels have been reduced by nearly 95% and 97%, respectively from Stage I to Stage V. Also, according to the US EPA norms, NOx, PM, and Carbon di-oxide levels have seen a steep decline from Tier 1 to Tier 4. Countries such as China, Japan, South Korea, and India are also expected to follow similar norms that are on a level with the EU and North American standards.

How COVID-19 has impacted on the Global Container Handling Equipment Industry?

COVID-19 has transformed into a worldwide emergency, advancing at rapid and scale. No industry is insusceptible to this emergency and designing and development is no exemption. Building and development organizations must act presently to save the honesty of their tasks and ensure their kin. The gauge for worldwide development in 2020 has been modified from 3.1 percent down to 0.5 percent. But the emergency may likewise speak to a remarkable chance - even a need to unravel a portion of the business' recorded difficulties and to plan for an increasingly advanced future. Coronavirus is putting weights of an alternate sort and extent on each piece of the designing and development esteem chain.

Geographical Clasification of the Market:

  • North America

  • Latin America

  • Europe

  • Asia Pacific

  • Middle East & Africa

Which Region has the highest CAGR?

Asia Pacific is the fastest-growing region in terms of CAGR for container handling equipment.

Regional Market Share Size Growth Insights:

Asia-Pacific region market is expected to experience the fastest growth in terms of revenue, due to increased government initiatives to support exports and the development of ports and equipment used in the countries' ports area. The economies of China and India are growing rapidly, and it provides plenty of investment opportunities for various market players. The influence of globalization and westernization is also creating a positive impact on the market. The growing affluence of the people is creating demand for better quality goods that are more durable. The automotive sector of North America is also another segment where engineered plastics are heavily used. Various automotive and transportation industries are using engineered plastics for manufacturing the different components of the vehicles, which is likely to propel demand in the global container handling equipment business.

The Europe container handling equipment market represented the second-largest revenue share in the global container handling equipment industry, due to the high adoption of automation in container handling and increased volume of exports and imports, followed by the markets of North America, Latin America, and Middle East Africa respectively. Demand in the Middle East and Africa region for container handling equipment is increasing due to the rapid industrialization of e-commerce, food and packaging, the pharmaceutical and chemical industries. The Latin American market is expected to invest heavily in the container handling equipment market during the outlook period.

Who are the Major Players dominating the Global Container Handling Equipment Industry?

Some of the key companies profiled in the global market report are; Kalmar, Liebherr, Sany, ZPMC, Hyster, Anhui Heli, Hoist material handling, CVS Ferrari, Lonking group, Konecranes, Linde PLC, Wartsila, Chart Industries, and Konecranes (Finland). Kalmar, a fully owned subsidiary of Cargotec (Finland), was founded in 1973 and is headquartered in Helsinki, Finland is a crucial player in the international marketplace.

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 Container Handling Equipment Market, By Type                        

                                6.1.1 ASC            

                                6.1.2 STS             

                                6.1.3 MHC          

                                6.1.4 RTG            

                                6.1.5 RMG          

                                6.1.6 EMPTY and Laden FLT         

                                6.1.7 Straddle Carrier     

                                6.1.8 Reach Stacker        

                                6.1.9 Terminal Tractor   

                                6.1.10 Market Size Estimations & Forecasts (2019-2024)

                                6.1.11 Y-o-Y Growth Rate Analysis           

                                6.1.12 Market Attractiveness Index        

                6.2 Container Handling Equipment Market, By Tonnage                

                                6.2.1 <10 T          

                                6.2.2 10–40 T     

                                6.2.3 41–70 T     

                                6.2.4 71–100 T   

                                6.2.5 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.6 Y-o-Y Growth Rate Analysis             

                                6.2.7 Market Attractiveness Index          

                6.3 Container Handling Equipment Market, By Propulsion                            

                                6.3.1 Diesel        

                                6.3.2 Electric      

                                6.3.3 Hybrid       

                                6.3.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.3.5 Y-o-Y Growth Rate Analysis             

                                6.3.6 Market Attractiveness Index          

                6.4 Container Handling Equipment Market, By Engine Capacity                  

                                6.4.1 <7 Liters   

                                6.4.2 7-10 Liters

                                6.4.3 >10 Liters 

                                6.4.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.4.5 Y-o-Y Growth Rate Analysis             

                                6.4.6 Market Attractiveness Index          

                6.5 Container Handling Equipment Market, By Power Output                     

                                6.5.1 <150 kW   

                                6.5.2 150-200 kW             

                                6.5.3 201-300 kW             

                                6.5.4 > 300 kW  

                                6.5.5 Market Size Estimations & Forecasts (2019-2024)   

                                6.5.6 Y-o-Y Growth Rate Analysis             

                                6.5.7 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 Type    

                                7.2.3 By Tonnage             

                                7.2.4 By Propulsion         

                                7.2.5 By Engine Capacity               

                                7.2.6 By Power Output 

                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 Type    

                                7.3.3 By Tonnage             

                                7.3.4 By Propulsion         

                                7.3.5 By Engine Capacity               

                                7.3.6 By Power Output 

                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 Type    

                                7.4.3 By Tonnage             

                                7.4.4 By Propulsion         

                                7.4.5 By Engine Capacity               

                                7.4.6 By Power Output 

                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 Type    

                                7.5.3 By Tonnage             

                                7.5.4 By Propulsion         

                                7.5.5 By Engine Capacity               

                                7.5.6 By Power Output 

                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 Type    

                                7.6.3 By Tonnage             

                                7.6.4 By Propulsion         

                                7.6.5 By Engine Capacity               

                                7.6.6 By Power Output 

8. Key Player Analysis                                    

                8.1 Kalmar                          

                                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 Nilkamal Limited                       

                8.3 Konecranes                

                8.4 TANDEMLOC, Inc                     

                8.5 Liebherr                       

                8.6 Amzone International Ltd.                   

                8.7 Anhui Heli                   

                8.8 Hyster                           

                8.9 Cargotec                      

                8.10 Sany                            

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Global Container Handling Equipment Market By Region, From 2021-2026 ( USD Billion )

  2. Global Container Handling Equipment Market By Type, From 2021-2026 ( USD Billion )

  3. Global ASC Market By Region, From 2021-2026 ( USD Billion )

  4. Global STS Market By Region, From 2021-2026 ( USD Billion )

  5. Global MHC Market By Region, From 2021-2026 ( USD Billion )

  6. Global RTG Market By Region, From 2021-2026 ( USD Billion )

  7. Global RMG Market By Region, From 2021-2026 ( USD Billion )

  8. Global EMPTY and Laden FLT Market By Region, From 2021-2026 ( USD Billion )

  9. Global Straddle Carrier Market By Region, From 2021-2026 ( USD Billion )

  10. Global Reach Stacker Market By Region, From 2021-2026 ( USD Billion )

  11. Global Terminal Tractor Market By Region, From 2021-2026 ( USD Billion )

  12. Global Container Handling Equipment Market By Tonnage, From 2021-2026 ( USD Billion )

  13. Global <10 T Market By Region, From 2021-2026 ( USD Billion )

  14. Global 10–40 T Market By Region, From 2021-2026 ( USD Billion )

  15. Global 41–70 T Market By Region, From 2021-2026 ( USD Billion )

  16. Global 71–100 T Market By Region, From 2021-2026 ( USD Billion )

  17. Global Container Handling Equipment Market By Propulsion, From 2021-2026 ( USD Billion )

  18. Global Diesel Market By Region, From 2021-2026 ( USD Billion )

  19. Global Electric Market By Region, From 2021-2026 ( USD Billion )

  20. Global Hybrid Market By Region, From 2021-2026 ( USD Billion )

  21. Global Container Handling Equipment Market By Engine Capacity, From 2021-2026 ( USD Billion )

  22. Global <7 Liters Market By Region, From 2021-2026 ( USD Billion )

  23. Global 7-10 Liters Market By Region, From 2021-2026 ( USD Billion )

  24. Global >10 Liters Market By Region, From 2021-2026 ( USD Billion )

  25. Global Container Handling Equipment Market By Power Output, From 2021-2026 ( USD Billion )

  26. Global <150 kW Market By Region, From 2021-2026 ( USD Billion )

  27. Global 150-200 kW Market By Region, From 2021-2026 ( USD Billion )

  28. Global 201-300 kW Market By Region, From 2021-2026 ( USD Billion )

  29. Global >300 kW Market By Region, From 2021-2026 ( USD Billion )

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