Container Handling Equipment Market to grow at a CAGR of 4.6 percent to reach USD 955 Mn by 2029

There is a growing emphasis on reducing emissions and improving sustainability in the shipping industry, and this has led to the adoption of stricter regulations on emissions and pollution control.

(EMAILWIRE.COM, June 27, 2023 ) Maximize Market research expects, the Container Handling Equipment Market to grow from USD 755 Mn in 2022 to USD 955 Mn in 2029 at a CAGR of 4.6 percent.

Container Handling Equipment Market Report Scope and Research Methodology

The report provides a detailed analysis of Container Handling Equipment Market dynamics and regional insights. To collect and analyze the data for the market report, primary and secondary research methodologies were employed along with PORTER and PESTLE analysis. The bottom-up approach was used to estimate the Container Handling Equipment Market size.

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Container Handling Equipment Market Dynamics

The increase in container transportation serving is one of the major factors driving the market growth. The factors that are challenging the market growth are the high investment required to purchase and install equipment.

Container Handling Equipment Market Regional Insights

The Asia Pacific region is expected to grow due to the increasing need for container transportation, infrastructure development and port automation.

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Container Handling Equipment Market Segmentation

By Equipment Type
Automated Guided Vehicles (AGVs)
Rail-mounted Gantry (RMG) Cranes
Rubber-tired Gantry (RTG) Cranes
Ship-to-Shore (STS) Cranes
Straddle Carriers
Terminal Tractors
Reach Stackers
Forklift Trucks

By Propulsion Type
Diesel
Electric
Hybrid

By End User
Ports
Inland Container Depots (ICDs)
Container Freight Stations (CFSs)

Container Handling Equipment Key Competitors include:

Kalmar (Finland)
SANY Group (China)
Toyota Industries Corporation (Japan)
Terex Corporation (US)
Cargotec (Finland)
Hyundai Heavy Industries Co., Ltd. (South Korea)
Mitsubishi Heavy Industries, Ltd. (Japan)
JBT Corporation (US)
KION Group AG (Germany)
Clark Material Handling Company (US)
Taylor Machine Works, Inc. (US)
Manitou BF SA (France)
Combilift (Ireland)
Linde Material Handling GmbH (Germany)
Enersys (US)

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Maximize Market Research is leading Engineering Equipment research firm, has also published the following reports:

Liquid Handling System Market- The market size is expected to reach USD 6.44 billion by 2029 at a CAGR of 5.8 percent during the forecast period.

Port Equipment Market- The market size is expected to reach USD 11.04 billion by 2029 at a CAGR of 4.93 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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