Straddle Carrier Market Projected to Augment at a Notable CAGR during the Forecast Period until 2028 | Major Players - Kalmar , Konecrane Oyj., Liebherr International AG, Mobicon Systems , Isoloader Australia , Cimolai Technology , Combilift

Straddle carriers are also referred to as straddle trucks that are used as freight handling equipment. The equipment functions by carrying the freight load underneath it by using a straddling process. This cargo handling system has the ability to unload and load without use of forklifts or cranes, making straddle carriers a beneficial freight carrying equipment. There are various types of straddle carrier variants, namely, manual, automatic and semi-automatic that have varying loading capacities.

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Straddle Carrier Market Forecast, Trend Analysis and Competition Tracking – Global Review 2018-2028” is a comprehensive compilation of various data and key insights that key stakeholders can use and apply in their routine business setting. The extensive research study on straddle carrier market is a detailed report covering 17 chapters along with tables and figures representing key metrics of the market. The report on straddle carrier market includes data estimations in terms of US$ Mn along with volume projections (in terms of units) for a period of 10 years, form 2018 till 2028. The forecast highlights are illuminated in the report for the reader’s perusal, which reflect actionable intelligence supporting in planning and executing future moves.

Market Segmentation

The straddle carrier market includes historical data, current market scenario as well as forecasts on every market segment. Analysis on straddle carrier market covers a detailed scrutiny on straddle carrier loading capacity as well as stacking of containers on straddle carrier. It also includes an in-depth analysis on lift type, drive type, operation type, application type and region. The loading capacities include insights on the use of straddle carrier with less than 40T, 40T, 50T and more than 50T. Stacking of containers includes analysis on mini straddle carrier, 1-over-1, 1-over-2 and 1-over-3 straddle carriers. Insights on single and twin lift is included in the lift type segment of the straddle carrier market. Straddle carrier’s drive type includes analysis on hydraulic, electric and hybrid drives. With respect to operation type, the report reflects detailed acumen on manual, semi-automatic and automatic straddle carriers. The application scope of straddle carriers includes analysis on their demand in port terminals, intermodal yards and others.

The regional analysis on straddle carrier market includes insights on various regions along with country level analysis. The regional analysis is carried across key regions of North America, Latin America, Europe, Japan, CIS & Russia, Asia Pacific excluding Japan (APEJ) and Middle East and Africa (MEA). The country level analysis includes scrutiny of straddle carrier demand and sales across the United States, Canada, Germany, Spain, Italy, Brazil, Mexico, Argentina, United Kingdom, Greater China, India, South Korea, ASEAN countries, GCC countries and Iran, to name a few.

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Increasing Adoption of Automated Terminals to Fuel Straddle Carrier Demand

Automation has not left any industry untouched and is spreading at a significant pace as one of the most prominent trends across industrial applications, including shipping. Automated terminals have been gaining substantial traction with growing focus toward high productivity and efficient operation. Moreover, automated solutions have penetrated the container terminal space in a bid to solve the challenges faced by larger ships apropos of effective containerization. With automated terminals, waiting and turnaround times for ships is reduced, which is driving their adoption across major ports worldwide. This factor is likely to present potential pathways of growth for straddle carriers in the coming years.

Rising Private-Public Partnerships in Ports to Stimulate Growth  

Growth in international trade, particularly using sea routes, has presented lucrative opportunities for port handling equipment such as straddle carriers. However, high initial investments in port handling equipment coupled with heavy manpower is likely to impact the trading scenario. In a bid to facilitate trade progress, various countries are adopting private-public partnerships wherein management and operational responsibilities are delegated to private companies with assets and land delegated to the government. This trend is expected to relieve the high initial investment tension associated with terminal development at ports. This factor in combination with increasing focus toward enhancement of production has significantly pushed the growth of intermodal container leasing sector, consequently stimulating growth of straddle carrier market.

Competitive Landscape

The straddle carrier market illuminates an in-depth competitive landscape section covering several facets of major players involved in the manufacturing and distribution of straddle carriers. Various competitive intelligence aspects such as SWOT analysis, market shares, product portfolio analysis, innovations and strategies, to name a few, have been covered in the competitive landscape section of the report. In addition, key developments of major companies in the straddle carrier market have also been included. For instance, TPT (Transnet Port Terminals) has unveiled a new diesel-electric straddle carrier that features high productivity and performance along with reduced operating and maintenance costs. The report on straddle carrier market also profiled other players such as Kalmar Inc., Konecrane Oyj., Liebherr International AG, and Mobicon Systems Pty Ltd.

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