Container Handler Market is Estimated to Reach USD 2,085.94 Million by the end of 2028: Cognitive Market Research

Market Overview:
A container handler is a specialized forklift that can stack empty containers as well as lift and move heavy full containers. Their movement and operation are smooth and accurate, and they come in a variety of functions and designs to fit any container handling need. They are made to maximize productivity, with ergonomics and safety at the forefront of the design and usage.
Container Handler have an enclosed, raised driver's cabin with glass and a seat. The arms or a similar mechanism on the telescopic lift tower are designed to hold containers from the top or sides. A gauge on the instrument panel of certain trucks displays accurate container weight to avoid attempting to carry goods that are too heavy for the vehicle. Some models come with self-diagnostic technologies that can predict or identify mechanical breakdowns ahead of time.
In recent decades, there has been an increase in the development of international commerce. Automation of port terminals, in particular, is quickly expanding. As a result, Container Handler are in high demand all around the world.

Market Insight:
• Global Container Handler Market is expected to reach USD 2,085.94 Million by the end of 2028, growing at a CAGR of 5.74% between 2021 and 2028.
• Empty container handler Revenue is anticipated to reach at USD 825.65 Million in 2028
• Below 30 Ton Revenue in Container Handler is estimated to reach USD 431.20 Million in 2028.
• Port & Dock Revenue in Container Handler is projected to reach USD 1,140.32 Million in 2028.
• North America Container Handler market size is anticipated to reach USD 543.18 Million in 2028.

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Market Drivers:
• Rising international trades owing to globalization and industrialization.
International trade is referred to exchange of capital, goods and services across international borders. Increasing population and lack or limitation of resources to meet the domestic demand, give birth to import goods and services leading to international trade.
Globalization and industrialization of business plays a vital role in the economic development of the company and the country. Several major players in industry including automotive, food and beverages, consumer goods, clothing among others are expanding their business across the borders.
Several benefits associated with container trading through sea and rail, manufacturers are more opting in for container trading. As a logistics core between land and sea transportation, container terminals perform an unconditionally critical role in the seaborne trade. The container trade flows within Asia reached an estimated volume of 43.5 million TEUs, in north America 21.8 million TEUs and in Europe 14.3 million TEUs in 2021 and is expected to grow at a compound annual growth rate of 3.9 percent in following years.
Many companies also provide the container services such as buying, selling and leasing among others which also facilitates the easy container trading. This results in the increase generation of interest in the container trading which ultimately enhances the market of container handler. Hence with the increasing international trade in accordance with globalization and industrialization, the market of container handler is growing.
Need for environmental friendly solutions
• Restraints for Container Handler Market
Higher cost associated with use of container handler
• Opportunities for Container Handler Market
Growing automation in container handling equipment industry

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Market Segmentation:
Type:
• Empty container handler
Empty Container Handler have outstanding agility and mobility. Empty sea containers are stored and transferred using an empty container handler. These machines are unable to take up loaded containers due to their lack of lifting capability. It often employs a hydraulic clamping system or a spreader with twist locks. They're normally built with a high-tensile steel torsion-resistant frame that's designed to last a long time. Depending on the size of the machine, they may load four to eight containers high and eight to nine tons in weight. Double stacking Container Handler are also available, allowing two containers to be stacked at the same time.

• Full container handler
The Full Container Handler (FCH) is not only larger than its contemporaries, but it also resembles a reach stacker and an empty container handler. It relies on power, stability, and visibility to stack heavy or empty containers precisely. They can raise up to 43 tons and up to five stories. They are perfect for circumstances that need single-row stacking, loading, and unloading of both full and empty containers.

Tonnage:
• Below 30 Ton
Container Handler with a lifting capacity of up to 30 tonnes are commonly used for light-duty applications. It is mainly used in ports, wharfs, and storage yards to transfer and stack standard, twin, hurdling, and empty containers of various specifications.

• 30-45 Ton
Container Handler with lifting capacities of 30-45 tonnes are in great demand due to increased terminal container traffic. Advanced technologies are frequently placed on these Container Handler to boost their capabilities.

• Above 45 Ton

End User:
• Port & Dock
Shipping containers revolutionized the movement of goods, driving change and efficiency throughout the global supply chain. Container Handler offer the efficient movement of containers around the port and dock. The next revolution in container handling is the application of automation to operating the container terminal gaining momentum in the market. Currently, there are multiple Container Handler in operation at port and dock and more in development.

• Railway Goods Yard
The majority of rail freight is handled as bulk cargo, which is conveyed in huge numbers unpackaged. For loading and unloading these cargos, Container Handler are frequently engaged at railway freight yards. The container handler has the considerable ability for container handling because of its sturdy U-type gantry construction, double cantilever with rods, and lightweight.

• Intermodal Freight
• Transport

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Competitive Analysis for Container Handler Market:
Kalmar, Taylor, Hyster, Linde, Hyundai, Konecranes, Avia, CVS Ferrari, Mitsubishi, Fantuzzi, Komatsu, Mercedes Benz, Socma, SMV, Svetruck, JCB, Luna, MAN, Boss, Tatra, TCM

• Hyster Yale Group Inc.
Hyster Yale Group Inc. is engaged in the manufacturing and supply of forklift trucks, container handling solution, reach stacker, parts, services. The company deliver its several products under Hyster and Yale brands in the market. The company is also engaged in offering lifting machines across the several regions.

NEWS:
• January 2021
Konecranes engaged in partnership with Calata Bettolo.
Konecranes engaged in partnership with Calata Bettolo. This partnership strengthened the capabilities of container handling solution in the market.

• May 2019
Konecranes introduced first 11-ton empty container handler
Konecranes introduced empty container handler with a double capacity of up to 11 ton in the market with utilization of smart lift operator assistance technology.

• October 2020
Konecranes engaged in merger with Cargotec to ensure sustainable material flow
Konecranes engaged in merger with Cargotec. This merger ensures sustainable material flow and this factor strengthened its position in the market.

Related Report:
• Container Filling Machine Market- https://www.cognitivemarketresearch.com/container-filling-machine-market-report
• Specimen Containers Market- https://www.cognitivemarketresearch.com/specimen-containers-market-report
• Corrugated Container Board Market- https://www.cognitivemarketresearch.com/corrugated-container-board-market-report
• Empty Container Handlers Market- https://www.cognitivemarketresearch.com/empty-container-handlers-market-report

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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