Demand for Container Handling Equipment Is Expected To Surpass A CAGR Of 4.2% By 2031

Fact.MR, a company that does market research and analysis, projects that the market for container handlining equipment will expand between 2021 and 2031 at a CAGR of 4.2%. Sales exceeded US$ 1.5 billion in 2031. Due to stringent carbon emission regulations, sales of electric/hybrid container handling equipment are rising. The Middle East and Asia Pacific’s robust demand are also assisting the economy’s growth. $2 billion in revenue is predicted up until 2031.

The test report published by Fact.MR on the container handling equipment market is expected to provide reliable information on the many crucial elements affecting the market’s growth curve. Strategic producers, end-use initiatives, financial supporters, and value pioneers are just a few of the crucial topics covered in depth in the research. For the conjectured period of 2023 to 2033, a wide range of options in the market for container handling equipment have been offered in this section.

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Examiners utilized a variety of conspicuous business knowledge devices to integrate reality, figures and market information into market earnings assessments and forecasts.

Key partners in the Market, including industry players, policy makers and financial backers from multiple countries, have continuously realigned their systems and approaches to take advantage of the new open doors. A number of businesses have recently updated their procedures to remain coordinated during the general disruption caused by the COVID-19 pandemic.

Key Segments 

  • by equipment type
    •  forklift
    • automatic stacking crane
    • reach stacker
    •  Terminal Tractor
    •  Straddle Carrier
    • Rail Mounted Gantry Crane
    •  Automated Guided Vehicles
    •  Rubber Tired Gantry Crane
  • By promotion method
    • Electric/hybrid container handling equipment
    • diesel container handling equipment

What can you get from Fact.MR research?

  • Factors influencing the overall development of the global container handling equipment market
  • Factors that may restrain the growth of the global market in the coming years of the forecast period.
  • What are the current competitive scenarios in the global Container Handling Equipment market and intricate details pertaining to the potential business prospects of the key market players?
  • Pricing strategies of different market players in the global container handling equipment market

Market Participants:-

  • Liefher
  • Hyster-Yale Materials Handling Inc.
  • cargo tech
  • kone crane
  • number
  • Kalmar

Regional analysis includes:

  • North America (USA, Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Republic, etc.), rest of Europe
  • CIS and Russia
  • japan
  • Asia Pacific excluding Japan (China, India, Korea, ASEAN countries, rest of APEJ)

What are the growth prospects across the US and European markets?

Increasing port activity will also boost revenues in the European shipping sector. The UK is considered a major market for container handling equipment, accounting for nearly one-fifth of global demand.

On the other hand, the North American container handling equipment market includes country-by-country analysis, including the United States and Canada. The US container handling equipment market is  expected to grow at a CAGR of  about 2.4% in terms of value over the forecast period .

Key Points Covered in Container Handling Equipment Industry Analysis

  • Market estimates and forecast 2016-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Container Handling Equipment Market and How to Navigate
  • Recommendation on Key Winning Strategies