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Straddle Carriers Market worth $10.77 billion by 2030, growing at a CAGR of 8.22% - Exclusive Report by 360iResearch

03-21-2024 02:35 PM CET | Industry, Real Estate & Construction

Press release from: 360iResearch

Straddle Carriers Market | 360iResearch

Straddle Carriers Market | 360iResearch

The "Straddle Carriers Market by Drive System (Electric, Hybrid, Hydraulic), Loading Capacity (20 to 50 Tonnes, Over 50 Tonnes, Up to 20 Tonnes), Container Stacking, Elevation Mechanism, Operation, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Straddle Carriers Market to grow from USD 6.19 billion in 2023 to USD 10.77 billion by 2030, at a CAGR of 8.22%.

Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/straddle-carriers?utm_source=openpr&utm_medium=referral&utm_campaign=sample

Straddle carriers are specialized freight and cargo transport vehicles designed to operate in ports and container terminals. They are distinctive for their ability to lift and move large, heavy containers over short distances. Straddle carriers are equipped with lifting capabilities to pick up containers from both the ground and from transport vehicles such as trucks and trains, placing them onto other vehicles or stacking them for storage. As global trade continues to grow, there is an amplified demand for the efficient handling, transportation, and storage of containers in ports, which directly propels the demand for straddle carriers. Many countries are investing in the modernization and expansion of their port facilities to accommodate larger cargo volumes. This infrastructure development includes the acquisition of advanced equipment, such as straddle carriers, to enhance operational efficiency. The expansion of e-commerce has led to an increase in maritime freight traffic as consumers demand faster, more reliable delivery of goods. This trend is indirectly contributing to the demand for more efficient cargo handling equipment such as straddle carriers. High initial investment associated with acquiring and maintaining straddle carriers hampers the market growth. The integration of advanced technologies, including automation and electrification, into straddle carriers that increase their efficiency and reduce operational costs are expected to create opportunities for market growth.

The Americas exhibit a robust demand for straddle carriers, which is primarily driven by significant port activities in countries such as the United States, Canada, Brazil, and Mexico. The U.S. holds a prominent position in the region, attributed to its extensive port infrastructure and the increasing emphasis on enhancing efficiency in cargo handling and terminal operations. Canada and Mexico, being vital trade partners and having significant port activities, also contribute to the demand. South American countries, including Brazil, are witnessing a gradual increase in the adoption of straddle carriers, fueled by the modernization of port facilities and investment in logistic infrastructure to accommodate the growing international trade. Asia-Pacific is experiencing rapid growth in the straddle carriers market, supported by the region's dynamic economic development, booming e-commerce, and the increasing volume of container traffic. The APAC market is witnessing a notable shift towards automation in port operations, driving the demand for automated and semi-automated straddle carriers. The EMEA region presents a diverse landscape for the straddle carriers market, compounded by the varying levels of port infrastructure and economic development across the region. Major countries include Germany, the Netherlands, the UK, and the Scandinavian countries, where there is a strong emphasis on enhancing port efficiency and sustainability. These factors contribute to the higher adoption rates of automated and electric straddle carriers. The Middle East, particularly countries including the UAE and Saudi Arabia, is witnessing growth in port activities, accompanied by investments in port modernization projects, setting the stage for increased adoption of straddle carriers.

Market Segmentation & Coverage:

This research report categorizes the Straddle Carriers Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Drive System, market is studied across Electric, Hybrid, and Hydraulic. The Electric is projected to witness significant market share during forecast period.

Based on Loading Capacity, market is studied across 20 to 50 Tonnes, Over 50 Tonnes, and Up to 20 Tonnes. The 20 to 50 Tonnes is projected to witness significant market share during forecast period.

Based on Container Stacking, market is studied across High-Stacking Straddle Carriers, Low-Stacking Straddle Carriers, and Medium-Stacking Straddle Carriers. The Medium-Stacking Straddle Carriers is projected to witness significant market share during forecast period.

Based on Elevation Mechanism, market is studied across Single Lift and Twin Lift. The Twin Lift is projected to witness significant market share during forecast period.

Based on Operation, market is studied across Automatic, Manual, and Semi-Automatic. The Manual is projected to witness significant market share during forecast period.

Based on Application, market is studied across Intermodal & Port Terminals and Manufacturing Plants. The Manufacturing Plants is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.14% in 2023, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Straddle Carriers Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Straddle Carriers Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Straddle Carriers Market, highlighting leading vendors and their innovative profiles. These include Adaptalift Group, ASCOM S.p.A., Cargotec Corporation, Cimolai Technology S.p.A., Combilift, Comtec TCS Srl, Easy Street JD&S, LLC, Everest Engineering Equipment Pvt Ltd., Gerlinger Carrier, Great Lakes Power Companies, igus GmbH, Isoloader Australia Pty Ltd., Konecranes and Demag Private Limited, Kress Corporation, Liebherr-International Deutschland GmbH, Mobicon Systems, Morello Giovanni S.r.l., Nilkamal Limited, NRS AS, Paul Vahle GmbH & Co KG, and Sick AG.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Straddle Carriers Market, by Drive System
7. Straddle Carriers Market, by Loading Capacity
8. Straddle Carriers Market, by Container Stacking
9. Straddle Carriers Market, by Elevation Mechanism
10. Straddle Carriers Market, by Operation
11. Straddle Carriers Market, by Application
12. Americas Straddle Carriers Market
13. Asia-Pacific Straddle Carriers Market
14. Europe, Middle East & Africa Straddle Carriers Market
15. Competitive Landscape
16. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Straddle Carriers Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Straddle Carriers Market?
3. What is the competitive strategic window for opportunities in the Straddle Carriers Market?
4. What are the technology trends and regulatory frameworks in the Straddle Carriers Market?
5. What is the market share of the leading vendors in the Straddle Carriers Market?
6. What modes and strategic moves are considered suitable for entering the Straddle Carriers Market?

Read More @ https://www.360iresearch.com/library/intelligence/straddle-carriers?utm_source=openpr&utm_medium=referral&utm_campaign=analyst

Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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