The global port equipment market is predicted to grow at a CAGR of over 4% during the forecast period. Port Equipment includes various cranes such as ship-to-shore cranes, forklifts, horizontal & vertical outreach cranes, gantry cranes, overhead cranes; ship loaders; mooring systems; and others. These enable in enhancing the maritime trade through proficient delivery of safe, secured, and sustainable services to the end-users.
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Amongst the application segment, the container handling segment holds a significant share in the market. The segmental growth is attributed to the need for the handling of various port operations such as heavy lifting, stacking, loading, and unloading, among many others. Thus, this increases the demand for container handling equipment across the globe especially in the economies where seaborne trades are much higher. Manufacturers are also integrating various auction techniques that improve the performance of the overall system, this, in turn, enhances the growth of the market during the forecast period.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Port Equipment Market – Segmentation
By Product Type
- Cranes
- Ship Loaders
- Mooring Systems
- Forklifts
- Others
By Application
- Container Handling
- Bulk & Ship Handling
- Others
Global Port Equipment Market – Segmentation by Region
North America
- United States
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global port equipment market. Based on the availability of data, information related to products & services, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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