Press release
Ship Loader And Unloader Market: Navigating Growth To Reach $57.8 billion by 2030
The global ship loader and unloader market was valued at $39.7 billion in 2020 and is projected to reach $57.8 billion by 2030, with a compound annual growth rate (CAGR) of 3.6% from 2021 to 2030. In 2020, the Asia-Pacific region emerged as the dominant market for ship loader and unloader products, accounting for approximately 35.50% of the global market share in terms of revenue.Ship loader and unloader products play a significant role in the port and ship industry, facilitating the transfer of cargo between ships and shores, as well as between shores and other modes of transportation. Ship loaders, predominantly fixed, excel in heavy lifting and bulk material handling operations.
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Comprising a vertical mast and an operational jib or arm, ship loaders integrate additional components such as slewing units, hooks, and hoist winches to efficiently lift and maneuver heavy materials. These products find applications in various sectors including mining, packaging, and more.
The increase in maritime trade and the transfer of goods between ships drives the demand for reclaimers, conveyors, and ship loaders, thereby stimulating growth in the global ship loader and unloader market.
Products such as reach stackers, ship loaders, reclaimers, conveyors, and ship-to-shore cranes are among the offerings available in the market. These solutions are widely embraced for the shipment of goods between ports, contributing to the expansion of the global market.
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The global ship loader and unloader industry witnessed disruptions as several manufacturers had to suspend their operations due to lockdowns imposed in countries like the UAE, India, and Brazil. This hiatus directly impacted the sales of ship loader and unloader manufacturing companies worldwide. For instance, FLSmidth A/S experienced a decline of 18.7% in net sales from January 2019 to January 2020.
Top Players:
BUHLER GROUP, EMS-TECH INC., LIEBHERR- INTERNATIONAL AG, SMB INTERNATIONAL GMBH, FLSMIDTH A/S, FLUOR CORPORATION (AMERICAN EQUIPMENT COMPANY INC), NEUERO INDUSTRIETECHNIK FUR FORDERANLAGEN GMBH, VIGAN ENGINEERING S/A, AUMUND GROUP, SANDVIK AB
Key Segments:
The global market is segmented on the basis of product type, bulk type, technology, application, and region.
On the basis of product type, the market is divided into stationary and mobile. The stationary segment generated the highest revenue in 2020.
By bulk type, the market is divided into dry and liquid. The dry segment generated highest revenue in 2020.
By technology, the market is divided into mechanical and pneumatic. The mechanical segment dominated the market in 2020.
On the basis of application, the market is categorized into mining, machinery, construction, sea ports and cargo terminals, and others. The mining segment generated the highest revenue in 2020.
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