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Cargo Handling Equipment Market

Cargo Handling Equipment Market Forecasts to 2028 – Global Analysis By Equipment Type (Air Cargo, Land Cargo, Marine Cargo), Propulsion Type (Diesel, Electric) and By Geography

4.7 (84 reviews)
Published: November 2021 ID: SMRC21175
4.7 (84 reviews)
Published: November 2021 ID: SMRC21175

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Cargo Handling Equipment Market is accounted for $23.89 billion in 2020 and is expected to reach $36.98 billion by 2028 growing at a CAGR of 5.6% during the forecast period. Increasing cargo transportation around the world and constantly increasing seaborne trade are major factors driving the growth of the market. However, the cost of cargo handling equipment is capitally high is hampering the market.

Cargo handling involves managing the storage and logistics of goods & products manufacturing facilities, distribution centers and warehouses. It is rising exponentially on the back of growing container traffic on airports and marine ports for the transportation of heavy goods, containers, and components. Most of the containerized cargos handled by the cranes, forklifts or by the deck cranes and other ship's own car gears.

By propulsion type, diesel segment is experiencing considerable market growth. As diesel engines power the majority of cargo handling equipment, including straddle carriers, reach stackers, forklift trucks, RTG cranes, and terminal tractors.Based on the geography, Asia Pacific is dominating the market during the forecast period. The rising seaborne trade, growing industrial production and boost in air cargo movement in this region. Additionally, growing trend such as E-commerce is also fuelling the demand for cargo handling equipment market in Asia pacific region.

Some of the key players profiled in the Cargo Handling Equipment Market include Anhui Heli, Hyster, Jbt Corporation, Kalmar, Kion Group, Konecranes, Liebherr, Macgregor, Mitsubishi, Sany, Terex, Toyota Industries.

 Equipment Types Covered:
•  Air Cargo
• Land Cargo
• Marine Cargo    
    
Propulsion Types Covered:
• Diesel
• Electric                   

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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