Press release
Container Handling Equipment Market Size In 2022 | Top Companies Overview, Industry Share, Analysis, Report and Forecast to 2027
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How much is the container handling equipment industry worth?
The global container handling equipment market reached a value of US$ 7.31 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 9.55 Billion by 2027, exhibiting a CAGR of 4.40% during 2022-2027.
What is container handling equipment?
Container handling equipment is utilized in terminals to transport containers from one location to another. It manages inbound container unloading, outbound container loading, and vessel berthing. Gantry cranes, stacking cranes, portable cranes, wall-mounted console cranes, and shipyard handling equipment are some common types of container handling equipment. It provides various benefits, such as longevity, durability, and enhanced productivity. As a result, container handling equipment is widely utilized in the packaging, retail, manufacturing, automotive, food and beverages (F&B), chemical, and transportation industries.
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
What are the major drivers for the container handling equipment market?
The market is primarily driven by the rising demand for cargo transportation to ease the supply chain of electronics, flowers, medical supplies, food, automotive parts, and vaccines. In addition, the expanding logistics industry and the rising demand for robust and capable handling devices represent other major growth-inducing factors.
Additionally, various governments are implementing strict regulations for the electrification of container handling equipment to encourage environment-friendly operations, which is escalating product demand. Some of the other factors contributing to the market growth are rapid urbanization, improving port terminals, emerging e-commerce industry, and manufacturers investing in research and development (R&D) activities to develop new and advanced container handling equipment, creating a favorable market outlook across the globe.
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Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Equipment Type:
• Forklift Truck
• Stacking Crane
• Mobile Harbor Crane
• Rubber-tired Gantry Crane
Breakup by Propulsion Type:
• Diesel
• Electric
• Hybrid
Breakup by Handling:
• Automatic
• Manual
By Geography:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Who are the prominent container handling equipment market players?
• Anhui Heli Co. Ltd.
• Cargotec Oyj
• CVS ferrari S.P.A.
• Hyster-Yale Materials Handling Inc.
• Konecranes Oyj
• Liebherr-International AG
• Lonking Holdings Limited
• SANY Group
• Shanghai Zhenhua Heavy Industries Company Limited
• Toyota Industries Corporation.
Other Research Reports:
Telepresence Equipment Market Report: https://www.einpresswire.com/article/568555869/global-telepresence-equipment-market-expected-to-rise-at-4-10-cagr-during-2022-2027
Digital Textile Printing Market Report: https://www.einpresswire.com/article/568556611/digital-textile-printing-market-estimated-to-exceed-us-3-74-billion-globally-by-2027-imarc-group
Automotive Flooring Market Report: https://www.einpresswire.com/article/568702393/automotive-flooring-market-is-expected-to-reach-us-950-3-million-by-2027
Frozen Food Packaging Market Report: https://www.einpresswire.com/article/568703651/frozen-food-packaging-market-is-thriving-worldwide-2022-27-leading-players-amcor-plc-berry-global-inc-cascades-inc
Optogenetics Market Report: https://www.einpresswire.com/article/569005157/optogenetics-market-is-booming-globally-keyplayers-addgene-coherent-inc-elliot-scientific-limited
Contact Us:
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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