Press release
Container Handling Equipment Market To Offer Increased Growth Prospects For Manufacturers : Fact.MR
According to a new Fact.MR study, the global market for container handling equipment is expected to increase at a value CAGR of 4.2% over the forecast period, to reach a market surpass US$ 2 Bn by 2031.Historically, between 2016 and 2020, sales of container handling equipment surpassed US$ 1.5 Bn
by the end of 2020. Due to COVID-19, transportation around the world was halted. Restricted movements by the government around the globe slowed down the growth of container handling equipment.
The increasing number of new terminals and the advent of automation is one of the most prominent trends in the container handling equipment market. As container terminals aim for higher productivity and more efficient operations, automation is making significant strides across the globe.
For critical insights on this market, request for More Info - https://www.factmr.com/connectus/sample?flag=S&rep_id=4193
Key Segments Covered
By Equipment Type
Container Handling Forklift Trucks
Container Handling Automated Stacking Cranes
Container Handling Reach Stackers
Container Handling Terminal Tractors
Container Handling Straddle Carriers
Container Handling Rail Mounted Gantry Cranes
Container Handling Automated Guided Vehicles
Container Handling Rubber Tired Gantry Cranes
By Propulsion Type
Electric/Hybrid Container Handling Equipment
Diesel Container Handling Equipment
Competitive Landscape
Key companies in the container handling equipment are focusing on developing electric and hybrid equipment that do not harm the environment.
For example, in the year 2019, one of the prominent container handling equipment market players and Finnish lifting solutions provider Konecranes acquired one of largest crane service companies in Italy, Italian Trevolution Service SRL, specializing in crane modernizations, repairs, maintenance, spare parts and hoists, and components.
Request more information about Report Methodology - https://www.factmr.com/connectus/sample?flag=RM&rep_id=4193
Key Takeaways from Market Study
By propulsion, electric/hybrid container handling equipment sales to soar, expanding at around 4% CAGR
Automated stacking cranes demand to experience substantial growth, generating over 40% revenue
U.S market to expand at a CAGR of 2.4%, attributed to increasing port infrastructure development
U.K to account for over 1 out of 5 sales of container handling equipment in Europe
East Asia to generate a total incremental opportunity of about US$ 176.5Mn
South Asia likely to generate US$ 280 Mn incremental opportunity through 2031
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
For in-depth competitive analysis, Now - https://www.factmr.com/checkout/4193
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email : sales@factmr.com
Website : https://www.factmr.com
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Container Handling Equipment Market To Offer Increased Growth Prospects For Manufacturers : Fact.MR here
News-ID: 2765785 • Views: …
More Releases from Fact Mr
Global Feed Grain Market Gains Traction With $69.9 Billion Valuation Forecast by …
The global feed grain market is a crucial pillar of the agricultural and animal husbandry sectors. Feed grains, such as corn, wheat, barley, oats, sorghum, and rye, form the foundation of livestock diets, fueling growth and productivity across poultry, cattle, swine, and aquaculture industries. With the growing global demand for meat, dairy, and animal-derived products, feed grains play an essential role in sustaining the supply chain. As the population increases…
Edible Food Perfumes Market Set to Flourish Amid Rising Culinary Innovations Glo …
The global edible food perfumes market is undergoing a transformative shift, as the intersection of sensory indulgence and culinary innovation fuels demand for novel food experiences. Edible food perfumes-aromatic sprays or essences applied directly to food or used during preparation-are quickly emerging as a premium trend in the global food and beverage industry. Designed to enhance flavor perception through olfactory stimulation, these fragrances offer consumers a multisensory experience that elevates…
Global Alginate Market Gains Traction Amid Rising Demand Across Key Applications
The global alginate market is steadily gaining momentum, driven by the diverse applications of this natural polysaccharide in industries ranging from food and beverage to pharmaceuticals and textiles. Derived from brown seaweed, alginate has found increasing relevance due to its unique thickening, gelling, and stabilizing properties. As consumer preference shifts towards clean-label, plant-based, and environmentally sustainable ingredients, the demand for alginate is rising across the globe. The market is poised…
Global Food-Grade Molds Market Poised for Expansion With 3.2% CAGR Over the Next …
The food industry is undergoing a remarkable transformation, driven by innovations in manufacturing technologies and increasing demand for quality, safety, and consistency. Among the many unsung heroes facilitating this evolution are food grade molds-essential tools that play a pivotal role in shaping, forming, and maintaining hygiene standards during food production. The global food grade molds market is witnessing significant expansion, fueled by advancements in food processing, increasing demand for customized…
More Releases for Container
Food Container
The Food Container market value was US$ $$ million in 2020. The Food Container market value is forecast to reach US$ $$ million by 2031, growing at a compound annual growth rate (CAGR) % during the forecast period from 2023-2031.
Request To Download Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=AR37613
As the global economy recovers in 2021 and the supply of the industrial chain improves, the Food Container market will undergo major changes.…
Container Fleet Market: Information by Type (Reefer Container, Tank Container, D …
Container fleets are bulky shipping containers that are capable of withstanding the transportation of various goods ranging from dry goods to hazardous liquids. Before the emergence of container fleets, the cost associated with ocean freight and port handling in tandem with the uncertainties involved resulted in less economic outcomes. However, modern specialized container vessels offer several cost reduction benefits in the transportation of goods, thus acting as the primary source…
Aircraft Container & Pallet Loader Market size and Key Trends in terms of volume …
Aircraft Container & Pallet Loader Market: Introduction
Aircraft container & pallet loader is a unit load device used across airports to transport containers & pallet loads. Aircraft container & pallet loader eases the transport of cargo by allowing different types of goods, which are to be packed and kept into a single unit container. The aircraft container & pallet loader helps the cargo handlers across the entire cargo chain, from…
Shipping Containers Market by Size of Container (Small Container (20 feet), Larg …
Asia-Pacific and Europe are the potential markets for the growth of shipping container industry. Moreover, rise in seaborne trade and improvement in transportation services further supplements the market growth. However, slower economic growth in European countries and loss of containers in ocean during sea storms hinders the market growth. Investment in high cube container segment can be beneficial for the growth of the market of key players.
According to a new…
Global Marine Container Market 2019 - CIMC, SINGAMAS, Maersk Container Industry, …
The new market research study on Global Marine Container Market in-depth market analysis with specific segments such as application, regional markets, end-users, policy analysis, value chain structure, and emerging trends. The Marine Container market report makes a case for investments in particular regions based on a realistic view of their regulatory environment, manufacturing dynamics and availability of skills and resources.The report’s analysis is based on technical data and industry figures…
Shipping Container Market is Booming (9% CAGR)| CXIC, Dong Fang International Co …
HTF MI published a new industry research that focuses on Shipping Container market and delivers in-depth market analysis and future prospects of Global Shipping Container market. The study covers significant data which makes the research document a handy resource for managers, analysts, industry experts and other key people get ready-to-access and self-analyzed study along with graphs and tables to help understand market trends, drivers and market challenges. The study is…
