What Factors Increased the Demand of Port Equipment Market At Global Level, Know More

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The Port Equipment Market size is expected to grow from USD 29.2 Billion in 2018 to USD 36.6 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 3.30% during the forecast period. This report spread across 172 pages, profiling 19 companies and supported with 89 tables and 48 figures is now available in this research.

Top Key Players profiled in the Port Equipment Market include are
• Liebherr (Switzerland)
• TTS (Norway)
• Kalmar (Finland)
• Konecranes (Finland)
• Sany (China)
• Shanghai Zhenhua Heavy Industries (ZPMC) (China)
• Hyster (US)
• Lonking (China)
• CVS Ferrari (Italy)
• Anhui Heli (China)
• Famur Famak (Poland)

Based on Equipment Type, the tug boats segment is estimated to account for the largest share of the port equipment market in 2018. Tug boats perform a diverse set of operations including mooring, ice breaking, firefighting, and oil spill response. In port equipment, these boats are mainly identified as harbor tugs used in assisting bigger vessels or in berthing and unberthing.

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Based on Application, the container handling equipment segment is estimated to account for the largest share of the port equipment market in 2018. In recent years, container transportation has increased steadily across the world. This has increased the number of daily containers handled at port terminals, which, in turn, has generated the need for efficient and faster equipment for bulk cargo, material, and container handling.

Europe is estimated to account for the largest share of the port equipment market in 2018.
European countries have a robust economy, and the region is the home to some of the leading manufacturers of port equipment which drives the market here. Konecranes (Finland), Kalmar (Finland), and Liebherr (Switzerland) are the key manufacturers, dealers, distributors of this equipment in the region.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C-Level Executives– 35%, Directors – 25%, and Others – 40%
• By Region: North America –45%, Europe – 20%, Asia Pacific – 30%,Rest of the World 5%

Report Highlights:
• To forecast the market size of segments based on 4 regions, including North America, Europe, Asia Pacific, and Rest of the World, along with major countries in each of these regions

• To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the port equipment market

• To analyze macro and micro indicators of the port equipment market

• To strategically analyze micromarkets1 with respect to individual technological trends, prospects, and their contribution to the overall market

• To strategically profile key market players and comprehensively analyze their market shares and core competencies

• To provide a detailed competitive landscape of the port equipment market, along with an analysis of business and corporate strategies such as joint ventures, mergers, and new product developments

• To identify detailed financial positions, key products, unique selling points, and key developments of leading companies in the port equipment market

Reason to buy this report:
The Report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall port equipment market and its sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

Competitive Landscape of Port Equipment Market:
1 Introduction
2 Competitive Analysis
3 Market Ranking Analysis
4 Competitive Scenario
4.1 Contracts
4.2 New Product Launches
4.3 Partnerships
4.4 Acquisitions
4.5 Agreements
4.6 Joint Ventures

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