Global Port Equipment Market Report 2022-2029: Market Values, Report Scope, Research Methodology, Drivers, Restraints, and Regional Insights

13.09.2023: Port Equipment Market Report Scope and Research Methodology

Our report is founded on a rigorous research methodology, which includes data gathering from authoritative sources and primary research, ensuring the reliability of our insights. This methodology adheres to the highest standards, delivering dependable market intelligence.

Our latest report offers a comprehensive exploration of the Global Port Equipment Market, providing valuable insights into market drivers, constraints, research methodology, and regional trends. We have meticulously collected and analyzed both quantitative and qualitative data, ensuring the accuracy and dependability of our findings.

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What are Port Equipment Market Dynamics?

The global port equipment market is driven by the expanding seaborne trade worldwide, as port equipment is indispensable for transferring cargo between ships and land-based modes of transportation. Additionally, the increasing export of containers from emerging economies like India and China is fueling demand for port equipment.

Recent years have witnessed substantial growth in the global shipping industry, particularly in liner shipping, driven by the surge in international trade volumes. Consequently, the logistical demands to manage this increased volume have grown, leading to higher usage of port material handling equipment. Forklift trucks, automated transit vehicles, ship loaders, reach stackers, cranes, and container lift trucks have seen increased deployment due to port expansions worldwide, driving market growth.

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What is Port Equipment Market Segmentation?

Equipment Type Segment: In 2022, the Cranes segment held the largest market share, accounting for 34.1%. The growth of this segment is attributed to the increasing adoption of cranes in ports to reduce the cost per move. Cranes enable port operators to handle a wider variety of vessels and reduce noise and carbon emissions. Ongoing port expansion projects aimed at accommodating more vessels are expected to drive market growth in this segment.
The Ship Loaders segment is projected to witness significant growth at a CAGR of 4.81% during the forecast period. The increasing number of loading and unloading operations necessitates the use of ship loaders in port equipment. Ship loaders provide flexibility in handling large cargo and improving transfer efficiency. The installation of mobile ship loaders in several ports globally to enhance operational efficiency is expected to fuel market growth in this segment.
Application Segment: In 2022, the Container Handling segment accounted for the largest market share, at 41%. The segment's growth is driven by the need for diverse port operations such as heavy lifting, stacking, loading, and unloading. Manufacturers are implementing various optimization procedures to enhance overall system performance, further bolstering market growth in this segment.

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Who are Port Equipment Market Key Players?

1.ABB
2. American Crane & Equipment
3. Anhui Heli
4. Baltkran
5. Cavotec
6. CVS Ferrari
7. Famur Famak
8. Hyster
9. Kalmar
10. Konecranes
11. Liebherr
12. Lonking Holdings Limited
13. Mcnally Bharat Engineering
14. Prosertek
15. Sany
16. Til Limited
17. Timars Svets & Smide Ab
18. TTS

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Table of content for the Port Equipment Market includes:

Part 01: Executive Summary

Part 02: Scope of the Port Equipment Market Report

Part 03: Global Port Equipment Market Landscape

Part 04: Global Port Equipment Market Sizing

Part 05: Global Port Equipment Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Regional Insights:

Europe: Europe secured the largest market share in 2021 and is expected to maintain its dominance with a CAGR of xx% during the forecast period. The UK, Germany, Spain, Italy, and France are the primary contributors to market growth. The region's growth is attributed to the implementation of stringent laws and regulations by the European Union's General Data Protection Regulation (GDPR) to protect consumer data across Europe. The GDPR, which came into force on May 25, 2021, aims to provide consumers with better transparency and control over their private data and enables businesses to legally process personal data. Additionally, in November 2021, IAB Europe launched its Port Equipment Platform (CMP) validator testing tool to assist companies in complying with European data protection and privacy laws, further fueling market growth in the years to come.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic
perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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