Port Equipment Market
Port Equipment Market Forecasts to 2028 - Global Analysis By Equipment (Tug Boats, Cranes, Ship Loaders , Automated Guided Vehicles, Forklift Trucks, Terminal Tractors, Straddle Carriers, Mooring System, Reach Stackers, Container Lift Trucks and Other Equipments), Type (Diesel, Electric and Hybrid), Application (Container Handling, Bulk Handling, Ship Handling and Other Applications), Operation (Conventional and Autonomous) and Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $18.2 BN |
|
Projected Year Value (2028) |
US $22.8 BN |
|
CAGR (2022 - 2028) |
3.9% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
Europe |
According to Stratistics MRC, the Global Port Equipment Market is accounted for $18.2 billion in 2022 and is expected to reach $22.8 billion by 2028 growing at a CAGR of 3.9% during the forecast period. Port equipment refers to mechanical tools used in warehouses and ports to load and unload large cargo containers from one location to another. Both manual and automatic operation is possible for port equipment. In ports and industrial warehouses, material handling equipment is used. Manufacturers are concentrating on creating battery-operated machinery employing cutting-edge technologies. Because they require less maintenance and have a higher return on investment than diesel vehicles, more and more consumers are choosing electric cars and terminal tractors.
According to the United Nations conference on the trade and development the global cargo transportation market has increased from 758 million in 2020 to 849 million in 2021. Hence port terminals have become busier. This growth in global cargo trade is anticipated to demand for port handling equipment.
Market Dynamics:
Driver:
Electric equipment to lead to zero emissions ports
In terms of its future, the marine industry is at a crucial turning point. With the majority of the largest ports in the world preparing or currently executing such schemes, electrification and automation of ports are attracting considerable attention on a global scale. To meet global net zero ambitions and become carbon neutral, industries and ports must speed up the adoption of innovative technology. Despite being more expensive than diesel equipment, many of the top port equipment manufacturers and ports are actively purchasing electric equipment which are propelling the market growth.
Restraint:
High capital and maintenance costs
Installing several sets of equipment for various applications as part of port equipment involves a significant financial commitment. The bulk freight handling and container industries have benefited greatly from developments and advancements in recent years. But as the operator uses or maintains installed systems, new technologies have made this equipment more complex. Highly improved items that can be used by equipment operators to do numerous duties are the outcome of ongoing R&D work. Huge investments are necessary for each step in the design, production, and distribution of this equipment, and this is reflected in the price of the machinery made available to clients. Equipment manufacturers must continually update their goods due to the increased emphasis on passenger comfort and the constantly shifting emission standards, which drive up the cost of production thereby hindering the market.
Opportunity:
Growing demand for cargo transportation
Due to the fact that more cargo can be successfully moved across waterways than through other modes of transportation, demand for this kind of freight transportation has increased somewhat. Furthermore, shipping goods via cargo ship is far less expensive than shipping by air or by road. The requirement for the transportation of goods by ship is being created by recent advancements in market leaders' commercial vessels that are more effective and superior cargo ships equipped with cutting-edge technology such modern navigation systems, sensors, and other components which points to the expansion of the cargo sector and ultimately the need for port equipment drive the market.
Threat:
Difficulties with communication and coordination
A major global trend that calls for the installation of several systems and technologies is the automation of port equipment, which is necessary to manage the rising cargo flow at ports. For instance, the automated stacking cranes' control system has been combined with the control systems of other pieces of machinery like ship to shore cranes, straddle cranes, and mobile harbour cranes. These control systems do, however, communicate using various interfaces and protocols. The procedure is complicated, which impacts overall performance and lowers productivity at port terminals since diverse equipment's communication interfaces and protocols are not integrated thereby hampering the market growth.
Covid-19 Impact
The Covid-19 effect pandemic has significantly slowed growth due to new trade restrictions. Consequently, the disruption in the worldwide supply chain also had a severe impact on port equipment. The COVID-19 lockout took a financial toll on the supply chain, halted the service production cycle, and had an impact on stocks. These disruptions in inventory management, payments, wage bills, and cash flows created an atmosphere of dread and uncertainty.
The Cranes segment is expected to be the largest during the forecast period
The Cranes segment is estimated to have a lucrative growth, due to reduction in the price per move. Operators of ports can manage a larger variety of vessels thanks to cranes. In order to reduce noise and carbon emissions, port managers are replacing older cranes with newer models. Port managers can handle a wider range of boats thanks to cranes. Port owners are replacing ageing cranes with more modern versions to cut down on noise and carbon emissions.
The Hybrid segment is expected to have the highest CAGR during the forecast period
The Hybrid segment is anticipated to witness the fastest CAGR growth during the forecast period, due to a variety of power sources are used by hybrid port equipment. The most common hybrid technology combines an internal combustion engine and an electric motor. The hybrid port equipment is designed to emit as little pollution as possible while producing more power and using less fuel. These devices use electrical energy produced by various mechanisms, including engines and regenerative braking systems. When any of the port equipment is in the idle or parked position, or when the electric motor's energy is sufficient to drive the port equipment without needing assistance from the IC Engine, they can sustain the energy by fastening down the engine which encourages the market growth.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the region is expansion as a result of businesses producing cutting-edge port equipment and the rising number of port equipment launches each year. Additionally, the market is expected to grow due to the significant need for new port equipment from Greenfield developments. Since the china uses container handling equipment for port operations, the Asia Pacific region's markets offer enormous growth potential. Tug boat deliveries are rising in the anticipated timeframe due to the china region having the highest volume of vessel activity which propels the market.
Region with highest CAGR:
Europe is projected to have the highest CAGR over the forecast period, owing to increased bulk cargo commerce in nations like the UK and Italy; Europe will see significant growth in the port equipment industry. The demand for hybrid and electric technology is increasing as a result of government pollution laws and the green initiative. Additionally, agreements to expand trade routes are generating tremendous growth potential for the market.
Key players in the market
Some of the key players profiled in the Port Equipment Market include Liebherr Group, KonecranesOyj, CVS Ferrari, Kalmar, Sany Heavy Industry Co. Ltd, TTS Group, Famur Famak S.A., ABB Ltd., Hyster-Yale Group, Cavotec, Anhui Heli, Lonking, Shanghai Zhenhua Heavy Industries, Cargotec Corporation and Toyota Material Handling
Key Developments:
In Feb 2023, Karunia – a Liebherr Indonesia customer – signed an agreement for the purchase of four additional units of the R 9300 mining excavator for Tabang mine, located in the Kutai Kartanegara Regency of East Kalimantan, Indonesia.
In Jan 2023, Konecranes and Larsen & Toubro (L&T), a large Indian multinational company, have signed a licensing agreement for the manufacturing and distribution of Konecranes port cranes in India, expanding Konecranes’ footprint in this dynamic market.
In July 2022, Feyter Iberica Joins the Cvs Ferrari Dealer Network Feyter Iberica in 2022 has entered into a formal multi-year agreement to exclusively represent CVS FERRARI in the territory of Spain and Portugal.
Equipments Covered:
• Tug Boats
• Cranes
• Ship Loaders
• Automated Guided Vehicles
• Forklift Trucks
• Terminal Tractors
• Straddle Carriers
• Mooring System
• Reach Stackers
• Container Lift Trucks
• Other Equipments
Types Covered:
• Diesel
• Electric
• Hybrid
Applications Covered:
• Container Handling
• Bulk Handling
• Ship Handling
• Other Applications
Operations Covered:
• Conventional
• Autonomous
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 2020, 2021, 2022, 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
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Port Equipment Market, By Equipment
5.1 Introduction
5.2 Tug Boats
5.3 Cranes
5.4 Ship Loaders
5.5 Automated Guided Vehicles
5.6 Forklift Trucks
5.7 Terminal Tractors
5.8 Straddle Carriers
5.9 Mooring System
5.10 Reach Stackers
5.11 Container Lift Trucks
5.12 Other Equipments
6 Global Port Equipment Market, By Type
6.1 Introduction
6.2 Diesel
6.3 Electric
6.4 Hybrid
7 Global Port Equipment Market, By Application
7.1 Introduction
7.2 Container Handling
7.3 Bulk Handling
7.4 Ship Handling
7.5 Other Applications
8 Global Port Equipment Market, By Operation
8.1 Introduction
8.2 Conventional
8.3 Autonomous
9 Global Port Equipment Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Liebherr Group
11.2 KonecranesOyj
11.3 CVS Ferrari
11.4 Kalmar
11.5 Sany Heavy Industry Co. Ltd.
11.6 TTS Group
11.7 Famur Famak S.A.
11.8 ABB Ltd.
11.9 Hyster-Yale Group
11.10 Cavotec
11.11 Anhui Heli
11.12 Lonking
11.13 Shanghai Zhenhua Heavy Industries
11.14 Cargotec Corporation
11.15 Toyota Material Handling
List of Tables
1 Global Port Equipment Market Outlook, By Region (2020-2028) ($MN)
2 Global Port Equipment Market Outlook, By Equipment (2020-2028) ($MN)
3 Global Port Equipment Market Outlook, By Tug Boats (2020-2028) ($MN)
4 Global Port Equipment Market Outlook, By Cranes (2020-2028) ($MN)
5 Global Port Equipment Market Outlook, By Ship Loaders (2020-2028) ($MN)
6 Global Port Equipment Market Outlook, By Automated Guided Vehicles (2020-2028) ($MN)
7 Global Port Equipment Market Outlook, By Forklift Trucks (2020-2028) ($MN)
8 Global Port Equipment Market Outlook, By Terminal Tractors (2020-2028) ($MN)
9 Global Port Equipment Market Outlook, By Straddle Carriers (2020-2028) ($MN)
10 Global Port Equipment Market Outlook, By Mooring System (2020-2028) ($MN)
11 Global Port Equipment Market Outlook, By Reach Stackers (2020-2028) ($MN)
12 Global Port Equipment Market Outlook, By Container Lift Trucks (2020-2028) ($MN)
13 Global Port Equipment Market Outlook, By Other Equipments (2020-2028) ($MN)
14 Global Port Equipment Market Outlook, By Type (2020-2028) ($MN)
15 Global Port Equipment Market Outlook, By Diesel (2020-2028) ($MN)
16 Global Port Equipment Market Outlook, By Electric (2020-2028) ($MN)
17 Global Port Equipment Market Outlook, By Hybrid (2020-2028) ($MN)
18 Global Port Equipment Market Outlook, By Application (2020-2028) ($MN)
19 Global Port Equipment Market Outlook, By Container Handling (2020-2028) ($MN)
20 Global Port Equipment Market Outlook, By Bulk Handling (2020-2028) ($MN)
21 Global Port Equipment Market Outlook, By Ship Handling (2020-2028) ($MN)
22 Global Port Equipment Market Outlook, By Other Applications (2020-2028) ($MN)
23 Global Port Equipment Market Outlook, By Operation (2020-2028) ($MN)
24 Global Port Equipment Market Outlook, By Conventional (2020-2028) ($MN)
25 Global Port Equipment Market Outlook, By Autonomous (2020-2028) ($MN)
26 North America Port Equipment Market Outlook, By Country (2020-2028) ($MN)
27 North America Port Equipment Market Outlook, By Equipment (2020-2028) ($MN)
28 North America Port Equipment Market Outlook, By Tug Boats (2020-2028) ($MN)
29 North America Port Equipment Market Outlook, By Cranes (2020-2028) ($MN)
30 North America Port Equipment Market Outlook, By Ship Loaders (2020-2028) ($MN)
31 North America Port Equipment Market Outlook, By Automated Guided Vehicles (2020-2028) ($MN)
32 North America Port Equipment Market Outlook, By Forklift Trucks (2020-2028) ($MN)
33 North America Port Equipment Market Outlook, By Terminal Tractors (2020-2028) ($MN)
34 North America Port Equipment Market Outlook, By Straddle Carriers (2020-2028) ($MN)
35 North America Port Equipment Market Outlook, By Mooring System (2020-2028) ($MN)
36 North America Port Equipment Market Outlook, By Reach Stackers (2020-2028) ($MN)
37 North America Port Equipment Market Outlook, By Container Lift Trucks (2020-2028) ($MN)
38 North America Port Equipment Market Outlook, By Other Equipments (2020-2028) ($MN)
39 North America Port Equipment Market Outlook, By Type (2020-2028) ($MN)
40 North America Port Equipment Market Outlook, By Diesel (2020-2028) ($MN)
41 North America Port Equipment Market Outlook, By Electric (2020-2028) ($MN)
42 North America Port Equipment Market Outlook, By Hybrid (2020-2028) ($MN)
43 North America Port Equipment Market Outlook, By Application (2020-2028) ($MN)
44 North America Port Equipment Market Outlook, By Container Handling (2020-2028) ($MN)
45 North America Port Equipment Market Outlook, By Bulk Handling (2020-2028) ($MN)
46 North America Port Equipment Market Outlook, By Ship Handling (2020-2028) ($MN)
47 North America Port Equipment Market Outlook, By Other Applications (2020-2028) ($MN)
48 North America Port Equipment Market Outlook, By Operation (2020-2028) ($MN)
49 North America Port Equipment Market Outlook, By Conventional (2020-2028) ($MN)
50 North America Port Equipment Market Outlook, By Autonomous (2020-2028) ($MN)
51 Europe Port Equipment Market Outlook, By Country (2020-2028) ($MN)
52 Europe Port Equipment Market Outlook, By Equipment (2020-2028) ($MN)
53 Europe Port Equipment Market Outlook, By Tug Boats (2020-2028) ($MN)
54 Europe Port Equipment Market Outlook, By Cranes (2020-2028) ($MN)
55 Europe Port Equipment Market Outlook, By Ship Loaders (2020-2028) ($MN)
56 Europe Port Equipment Market Outlook, By Automated Guided Vehicles (2020-2028) ($MN)
57 Europe Port Equipment Market Outlook, By Forklift Trucks (2020-2028) ($MN)
58 Europe Port Equipment Market Outlook, By Terminal Tractors (2020-2028) ($MN)
59 Europe Port Equipment Market Outlook, By Straddle Carriers (2020-2028) ($MN)
60 Europe Port Equipment Market Outlook, By Mooring System (2020-2028) ($MN)
61 Europe Port Equipment Market Outlook, By Reach Stackers (2020-2028) ($MN)
62 Europe Port Equipment Market Outlook, By Container Lift Trucks (2020-2028) ($MN)
63 Europe Port Equipment Market Outlook, By Other Equipments (2020-2028) ($MN)
64 Europe Port Equipment Market Outlook, By Type (2020-2028) ($MN)
65 Europe Port Equipment Market Outlook, By Diesel (2020-2028) ($MN)
66 Europe Port Equipment Market Outlook, By Electric (2020-2028) ($MN)
67 Europe Port Equipment Market Outlook, By Hybrid (2020-2028) ($MN)
68 Europe Port Equipment Market Outlook, By Application (2020-2028) ($MN)
69 Europe Port Equipment Market Outlook, By Container Handling (2020-2028) ($MN)
70 Europe Port Equipment Market Outlook, By Bulk Handling (2020-2028) ($MN)
71 Europe Port Equipment Market Outlook, By Ship Handling (2020-2028) ($MN)
72 Europe Port Equipment Market Outlook, By Other Applications (2020-2028) ($MN)
73 Europe Port Equipment Market Outlook, By Operation (2020-2028) ($MN)
74 Europe Port Equipment Market Outlook, By Conventional (2020-2028) ($MN)
75 Europe Port Equipment Market Outlook, By Autonomous (2020-2028) ($MN)
76 Asia Pacific Port Equipment Market Outlook, By Country (2020-2028) ($MN)
77 Asia Pacific Port Equipment Market Outlook, By Equipment (2020-2028) ($MN)
78 Asia Pacific Port Equipment Market Outlook, By Tug Boats (2020-2028) ($MN)
79 Asia Pacific Port Equipment Market Outlook, By Cranes (2020-2028) ($MN)
80 Asia Pacific Port Equipment Market Outlook, By Ship Loaders (2020-2028) ($MN)
81 Asia Pacific Port Equipment Market Outlook, By Automated Guided Vehicles (2020-2028) ($MN)
82 Asia Pacific Port Equipment Market Outlook, By Forklift Trucks (2020-2028) ($MN)
83 Asia Pacific Port Equipment Market Outlook, By Terminal Tractors (2020-2028) ($MN)
84 Asia Pacific Port Equipment Market Outlook, By Straddle Carriers (2020-2028) ($MN)
85 Asia Pacific Port Equipment Market Outlook, By Mooring System (2020-2028) ($MN)
86 Asia Pacific Port Equipment Market Outlook, By Reach Stackers (2020-2028) ($MN)
87 Asia Pacific Port Equipment Market Outlook, By Container Lift Trucks (2020-2028) ($MN)
88 Asia Pacific Port Equipment Market Outlook, By Other Equipments (2020-2028) ($MN)
89 Asia Pacific Port Equipment Market Outlook, By Type (2020-2028) ($MN)
90 Asia Pacific Port Equipment Market Outlook, By Diesel (2020-2028) ($MN)
91 Asia Pacific Port Equipment Market Outlook, By Electric (2020-2028) ($MN)
92 Asia Pacific Port Equipment Market Outlook, By Hybrid (2020-2028) ($MN)
93 Asia Pacific Port Equipment Market Outlook, By Application (2020-2028) ($MN)
94 Asia Pacific Port Equipment Market Outlook, By Container Handling (2020-2028) ($MN)
95 Asia Pacific Port Equipment Market Outlook, By Bulk Handling (2020-2028) ($MN)
96 Asia Pacific Port Equipment Market Outlook, By Ship Handling (2020-2028) ($MN)
97 Asia Pacific Port Equipment Market Outlook, By Other Applications (2020-2028) ($MN)
98 Asia Pacific Port Equipment Market Outlook, By Operation (2020-2028) ($MN)
99 Asia Pacific Port Equipment Market Outlook, By Conventional (2020-2028) ($MN)
100 Asia Pacific Port Equipment Market Outlook, By Autonomous (2020-2028) ($MN)
101 South America Port Equipment Market Outlook, By Country (2020-2028) ($MN)
102 South America Port Equipment Market Outlook, By Equipment (2020-2028) ($MN)
103 South America Port Equipment Market Outlook, By Tug Boats (2020-2028) ($MN)
104 South America Port Equipment Market Outlook, By Cranes (2020-2028) ($MN)
105 South America Port Equipment Market Outlook, By Ship Loaders (2020-2028) ($MN)
106 South America Port Equipment Market Outlook, By Automated Guided Vehicles (2020-2028) ($MN)
107 South America Port Equipment Market Outlook, By Forklift Trucks (2020-2028) ($MN)
108 South America Port Equipment Market Outlook, By Terminal Tractors (2020-2028) ($MN)
109 South America Port Equipment Market Outlook, By Straddle Carriers (2020-2028) ($MN)
110 South America Port Equipment Market Outlook, By Mooring System (2020-2028) ($MN)
111 South America Port Equipment Market Outlook, By Reach Stackers (2020-2028) ($MN)
112 South America Port Equipment Market Outlook, By Container Lift Trucks (2020-2028) ($MN)
113 South America Port Equipment Market Outlook, By Other Equipments (2020-2028) ($MN)
114 South America Port Equipment Market Outlook, By Type (2020-2028) ($MN)
115 South America Port Equipment Market Outlook, By Diesel (2020-2028) ($MN)
116 South America Port Equipment Market Outlook, By Electric (2020-2028) ($MN)
117 South America Port Equipment Market Outlook, By Hybrid (2020-2028) ($MN)
118 South America Port Equipment Market Outlook, By Application (2020-2028) ($MN)
119 South America Port Equipment Market Outlook, By Container Handling (2020-2028) ($MN)
120 South America Port Equipment Market Outlook, By Bulk Handling (2020-2028) ($MN)
121 South America Port Equipment Market Outlook, By Ship Handling (2020-2028) ($MN)
122 South America Port Equipment Market Outlook, By Other Applications (2020-2028) ($MN)
123 South America Port Equipment Market Outlook, By Operation (2020-2028) ($MN)
124 South America Port Equipment Market Outlook, By Conventional (2020-2028) ($MN)
125 South America Port Equipment Market Outlook, By Autonomous (2020-2028) ($MN)
126 Middle East & Africa Port Equipment Market Outlook, By Country (2020-2028) ($MN)
127 Middle East & Africa Port Equipment Market Outlook, By Equipment (2020-2028) ($MN)
128 Middle East & Africa Port Equipment Market Outlook, By Tug Boats (2020-2028) ($MN)
129 Middle East & Africa Port Equipment Market Outlook, By Cranes (2020-2028) ($MN)
130 Middle East & Africa Port Equipment Market Outlook, By Ship Loaders (2020-2028) ($MN)
131 Middle East & Africa Port Equipment Market Outlook, By Automated Guided Vehicles (2020-2028) ($MN)
132 Middle East & Africa Port Equipment Market Outlook, By Forklift Trucks (2020-2028) ($MN)
133 Middle East & Africa Port Equipment Market Outlook, By Terminal Tractors (2020-2028) ($MN)
134 Middle East & Africa Port Equipment Market Outlook, By Straddle Carriers (2020-2028) ($MN)
135 Middle East & Africa Port Equipment Market Outlook, By Mooring System (2020-2028) ($MN)
136 Middle East & Africa Port Equipment Market Outlook, By Reach Stackers (2020-2028) ($MN)
137 Middle East & Africa Port Equipment Market Outlook, By Container Lift Trucks (2020-2028) ($MN)
138 Middle East & Africa Port Equipment Market Outlook, By Other Equipments (2020-2028) ($MN)
139 Middle East & Africa Port Equipment Market Outlook, By Type (2020-2028) ($MN)
140 Middle East & Africa Port Equipment Market Outlook, By Diesel (2020-2028) ($MN)
141 Middle East & Africa Port Equipment Market Outlook, By Electric (2020-2028) ($MN)
142 Middle East & Africa Port Equipment Market Outlook, By Hybrid (2020-2028) ($MN)
143 Middle East & Africa Port Equipment Market Outlook, By Application (2020-2028) ($MN)
144 Middle East & Africa Port Equipment Market Outlook, By Container Handling (2020-2028) ($MN)
145 Middle East & Africa Port Equipment Market Outlook, By Bulk Handling (2020-2028) ($MN)
146 Middle East & Africa Port Equipment Market Outlook, By Ship Handling (2020-2028) ($MN)
147 Middle East & Africa Port Equipment Market Outlook, By Other Applications (2020-2028) ($MN)
148 Middle East & Africa Port Equipment Market Outlook, By Operation (2020-2028) ($MN)
149 Middle East & Africa Port Equipment Market Outlook, By Conventional (2020-2028) ($MN)
150 Middle East & Africa Port Equipment Market Outlook, By Autonomous (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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