Global Port Equipment Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028

Stratistics MRC's Global Port Equipment Market value is expected to reach $22.8 billion growing at a CAGR of 3.9% during 2022-2028.

Port equipment refers to mechanical tools used in warehouses and ports to load and unload large cargo containers from one location to another. Both manual and automatic operation is possible for port equipment. In ports and industrial warehouses, material handling equipment is used. Manufacturers are concentrating on creating battery-operated machinery employing cutting-edge technologies. Because they require less maintenance and have a higher return on investment than diesel vehicles, more and more consumers are choosing electric cars and terminal tractors.
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By geography, Europe is projected to have the highest CAGR over the forecast period, owing to increased bulk cargo commerce in nations like the UK and Italy; Europe will see significant growth in the port equipment industry. The demand for hybrid and electric technology is increasing as a result of government pollution laws and the green initiative. Additionally, agreements to expand trade routes are generating tremendous growth potential for the market.

Some of the key players profiled in the Port Equipment Market include Liebherr Group, KonecranesOyj, CVS Ferrari, Kalmar, Sany Heavy Industry Co. Ltd, TTS Group, Famur Famak S.A., ABB Ltd., Hyster-Yale Group, Cavotec, Anhui Heli, Lonking, Shanghai Zhenhua Heavy Industries, Cargotec Corporation and Toyota Material Handling
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Company Profiling
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SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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