openPR Logo
Press release

Port Equipment Market is Expected to Cross a Revenue of US$ 35.57 Billion By 2032, Reflecting a CAGR value of 6.7%

Port Equipment Market

Port Equipment Market

According to the research report, the global port equipment market was valued at USD 19.85 billion in 2023 and is expected to reach USD 35.57 billion by 2032, to grow at a CAGR of 6.7% during the forecast period.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/port-equipment-market/request-for-sample

The rising focus of major market companies on innovative technologies, such as sensors and automation, is likely to offer lucrative opportunities in the port equipment industry. At Polaris Market Research, we've done a comprehensive analysis of the Port Equipment Market. The research report covers everything stakeholders need to know to make strategic decisions, from growth drivers and top trends to
segmental analysis and regional overview.

๐“๐ก๐ž ๐๐จ๐ซ๐ญ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž

โ€ข Market Size: The market for port equipment was valued at USD 19.85 billion in 2023 and is expected to grow to USD 35.57 billion by 2032.

โ€ข Growth Rate: The industry is projected to exhibit a compound annual growth rate (CAGR) of 6.7% over the forecast period from 2024 to 2032.

โ€ข Segments Covered: The market is primarily segmented based on equipment type, application, type, and region.

๐Š๐ž๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐š๐ซ๐ญ๐ข๐œ๐ข๐ฉ๐š๐ง๐ญ๐ฌ

โ€ข Liebherr Group
โ€ข Konecranes Abp
โ€ข Sany Heavy Industries Co. Ltd.
โ€ข Shanghai Zhenhua Heavy Industries
โ€ข Anhui Heli
โ€ข American Crane & Equipment
โ€ข Til Limited
โ€ข Lonking Holdings Ltd.
โ€ข Mcnally Bharat Engineering
โ€ข Timars Svets & Smide Ab
โ€ข CVS Ferrari
โ€ข Cavotec
โ€ข Hyster
โ€ข Prosertek.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/2177/2

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Ports play a crucial role in facilitating global trade and logistics by enabling the movement of goods to businesses in local communities and worldwide markets. Ports need a large number of equipment and machinery to ensure smooth operations of the facility. Port equipment refer to mechanical machinery used at ports to load and unload materials in a short time period. These equipment are primarily used for handling 20- or 40-foot equivalent unit (TEU) at ports and warehouses. Industry participants in the port equipment industry produce various pieces of equipment. These include terminal tractors, reachstackers, container handlers, overhead cranes and gantry cranes. Besides, mooring systems, ship loaders and tug boats are also a part of port handling equipment.

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ

โ€ข Electrification and Automation: In recent years, a large number of ports have started adopting electrification and automation systems. Also, new technologies are being introduced to achieve the target of net-zero emissions and carbon neutrality, influencing the port equipment market growth at a rapid pace.

โ€ข Rising Import and Export: With the advent of free-trade agreements such as AFTA and NAFTA, there has been an increase in the import and export of a variety of goods. The growing import and export coupled with increased consumption of material handling equipment is anticipated to create huge market demand in the upcoming years.

๐‚๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž ๐ญ๐จ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/port-equipment-market

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

โ€ข North America (U.S., Canada)

โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)

โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)

โ€ข Latin America (Brazil, Mexico, Argentina)

โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐๐จ๐ซ๐ญ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข Cranes segment accounted for highest market share in 2022, which is mainly accelerated by increased proliferation for replacing old cranes into new advanced models

โ€ข Container handling segment held the significant market revenue share owing to surge in the global trade activities and improvement in its performance and operational efficiency

โ€ข Hybrid segment is projected to grow at fastest growth rate during the anticipated period, on account increasing government and private organizations focus on transportation of ports towards green ports

โ€ข Asia Pacific region dominated the port equipment market in 2022, which is highly attributable to presence of various large ports and continuous growth in the commerce or trade activities in the region

โ€ข The global key market players include Liebherr Group, Shanghai Zhenhua Heavy Industries, American Crane & Equipment, Lonking Holdings, and Konecranes

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐  ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐‚๐š๐ญ๐š๐ฅ๐ฒ๐ญ๐ข๐œ ๐‚๐จ๐ง๐ฏ๐ž๐ซ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-catalytic-converter-market

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐‚๐จ๐ฅ๐ฅ๐ข๐ฌ๐ข๐จ๐ง ๐‘๐ž๐ฉ๐š๐ข๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-collision-repair-market

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐„๐œ๐ฎ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-ecu-market

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐“๐ซ๐š๐ง๐ฌ๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-transmission-market

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐•๐Ÿ๐— ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-transmission-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:

Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Port Equipment Market is Expected to Cross a Revenue of US$ 35.57 Billion By 2032, Reflecting a CAGR value of 6.7% here

News-ID: 3473555 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Dry Type Transformer Market Anticipated to be Valued at US$ 29.55 Billion by 2032 Recording a CAGR of 9.1%
Dry Type Transformer Market Anticipated to be Valued at US$ 29.55 Billion by 203 โ€ฆ
๐–๐ก๐š๐ญ ๐€๐ซ๐ž ๐ƒ๐ซ๐ฒ ๐“๐ฒ๐ฉ๐ž ๐“๐ซ๐š๐ง๐ฌ๐Ÿ๐จ๐ซ๐ฆ๐ž๐ซ๐ฌ? A dry type transformer is an electrical device that transfers electrical energy between voltage levels without using any liquid coolant. Instead, they rely on air circulation and solid insulation materials like resin or epoxy to dissipate heat. This makes it significantly safer than oil-filled transformers due to the lack of flammable liquids. These devices are commonly used in indoor applications like hospitals, schools, and commercial buildingsโ€ฆ
Solar Encapsulation Market Set to Surpass US$ 9.31 Billion with an impressive CAGR: 6.9% Forecast by 2032
Solar Encapsulation Market Set to Surpass US$ 9.31 Billion with an impressive CA โ€ฆ
๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ: Solar encapsulation indicates the procedure of securing photovoltaic (PV) cells and other constituents with polymeric substances to sanction the stretch and longevity of the solar panels. It is crucial for the functional stability of PV cells. It decreases the impact of weather-related elements such as moisture, UV radiation, oxidation, and excessive temperatures and expands solar cell's aversion to exterior forces. The encapsulation layer protects the solar cell and warrants itsโ€ฆ
Fuel Cell Market Size Estimated at US$ 37.26 Billion Forecast by 2032 | CAGR: 19.5% Report By - PMR
Fuel Cell Market Size Estimated at US$ 37.26 Billion Forecast by 2032 | CAGR: 19 โ€ฆ
๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ: A fuel cell is an electrochemical device that transforms chemical energy from a fuel, usually hydrogen, into electricity by reacting with oxygen, producing water and heat as byproducts. In contrast to conventional combustion engines, fuel cells produce energy without direct burning, resulting in greater efficiency and reduced environmental impact. Fuel cells find use in multiple applications, such as automobiles (hydrogen fuel cell vehicles), fixed power generation, and mobile electronic gadgets,โ€ฆ
Professional Service Automation Market is Expected to Grow to US$ 37.93 Billion Driven by an 11.3% CAGR From 2025 to 2034
Professional Service Automation Market is Expected to Grow to US$ 37.93 Billion โ€ฆ
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค: ๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฉ๐ซ๐จ๐Ÿ๐ž๐ฌ๐ฌ๐ข๐จ๐ง๐š๐ฅ ๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž ๐š๐ฎ๐ญ๐จ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ ๐Ÿ๐Ÿ‘.๐Ÿ๐Ÿ’ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐”๐’๐ƒ ๐Ÿ‘๐Ÿ•.๐Ÿ—๐Ÿ‘ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ’. ๐“๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ž๐ฑ๐ฉ๐š๐ง๐ ๐š๐ญ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ๐Ÿ.๐Ÿ‘% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ’. ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ: Professional service automation applications assist professional service donors in handling client arrangements all over the project lifecycle. A project commences when the possibility of a sale is generated, theโ€ฆ

All 5 Releases


More Releases for Port

Port Logistics Market Report- Trends, Segmentation, Market Growth | Shanghai Int โ€ฆ
Along with market size, this research report covers the Port Logistics Market across various segments. Port Logistics Market offers in-depth market growth potential across different parts by services, class of devices, device types, and country. Port Logistics Market research also incorporates competitive analysis of the key players along with their product launches, company profiles, key observation, Port Logistics Market strategies, and recent developments Download FREE PDF of the Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5483696 Portโ€ฆ
Research Report and Overview on Port to Port Connectors Market, 2021-2025
The Global Port to Port Connectors Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. Global Port to Port Connectors Market research report offers extensive research and analysis of key aspects of the global Global Port to Port Connectors market. The report on Global Port to Port Connectors Market covers big geographical, as well as sub-regions throughoutโ€ฆ
Sludge Port
Universal Sludge India Pvt. Ltd. offers Sludge and Slop Discharge at all Indian Lanka Bangladesh and UAE ports To create a strong connection with 'Vessel to Up lifter', Universal Sludge India Pvt. Ltd. has taken a pledge that contributes a lot of a good deal to the country. Registered under Companies ACT 1956, this organization has proudly introduced them to be the only coordinating hub that provides easy as well asโ€ฆ
Marine Port and Service Market SWOT Analysis by Top Trends: DP World, Hutchison โ€ฆ
Marine Port and Service Market report includes the estimation of market size for value and volume. Further, the report explains statistical forecasts, major trends, regional marketing analysis, and Marine Port and Service industry based on Strengths, Weaknesses, industry internal and external environments.ย Those data are further broken down with Manufacturing Base Distribution, Production Area and Product Type. Major points like market Situation and Trends, Concentration Rate Mergers, Expansion which is basicโ€ฆ
Port Access Needles Market Segmentation By product type Winged Port Access Needl โ€ฆ
Port is a medical instrument which is installed under the skin. It is connected to a vein by a catheter. Beneath the skin, the port has a wall termed as septum, through which drugs are injected and blood samples are drawn as many times avoiding the discomfort of several pricks by a needle. Port Access Needles are used for puncturing already implanted port systems. Port Access Needles provide safety fromโ€ฆ
Port Infrastructure Market Report 2018: Segmentation by Product (Sea Port, Inlan โ€ฆ
Global Port Infrastructure market research report provides company profile for Man Infraconstruction Ltd., Larsen & Toubro Ltd., Adani Ports and SEZ, The Great Eastern Shipping Company, IL&FS Engineering & Construction Company Ltd., Essar Ports Ltd., IQPC, Colas, APM Terminal, Shipping Corporation of India and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 toโ€ฆ