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Container Handling Equipment Market will reach USD 12.01 Billion by 2034, Expanding at a CAGR of 4.18%

07-03-2025 07:55 AM CET | Industry, Real Estate & Construction

Press release from: Polaris Market Research & Consulting

Container Handling Equipment Market

Container Handling Equipment Market

Container Handling Equipment Market

The container handling equipment market report by Polaris Market Research offers an in-depth comprehension of the rapidly evolving sector. It covers all the key market aspects, including market share, size, trends, and recent developments. Additionally, top regions, key segments, and the competitive landscape have been examined.

The report analyzes the market to register a CAGR of 4.18% during 2025-2034. The market was valued at USD 7.99 billion in 2024 and is projected to grow to USD 12.01 billion by 2034.

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Market Introduction

Container handling equipment encompasses a wide range of heavy-duty machinery and systems designed to efficiently manage, move, and store shipping containers within ports, terminals, warehouses, and intermodal facilities. These specialized machines are essential for loading, unloading, stacking, and transporting containers that carry goods across global supply chains. Key types of container handling equipment include ship-to-shore cranes, rubber-tyred gantry cranes (RTGs), reach stackers, straddle carriers, and empty container handlers. These machines are designed to handle standard-sized containers (20ft, 40ft, etc.) with high precision, safety, and speed.

Market Dynamics

• Increasing Investments by Key Players: Major market participants are making significant investments in expanding their production capacity, enabling terminals, ports, and logistics operators to acquire equipment more quickly to handle the growing trade volumes. Expanding production has also reduced per-unit costs, making high-quality container equipment available to emerging countries and smaller ports. Thus, rising investments by key players are driving the container handling equipment market demand.
• Increasing Urbanization Globally: The global rise in urbanization has led to the development of inland terminals, new ports, and logistics hubs near metropolitan areas. These facilities are designed to handle increased freight volumes. As a result, there is a growing demand for container handling equipment such as forklifts, cranes, and automated stacking systems. In addition, growing urbanization has also prompted governments and private operators to invest in smart port technologies and high-capacity handling equipment, thereby contributing to the market development.

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Market Key Players

The market is characterized by intense competition. It has the presence of global players, regional leaders, and specialized manufacturers offering a diverse range of solutions. A few of the major market participants include:

• Cargotec Corporation
• Daifuku Co., Ltd.
• Hoist Material Handling Inc.
• Hyster-Yale, Inc.
• Konecranes
• Liebherr Group
• Lonking Holdings Limited
• Mi-Jack
• PALFINGER AG
• Sany Group
• Toyota Industries Corporation

Market Segmentation

Container Handling Equipment Market, Propulsion Type Outlook
• Diesel
• Electric
• Hybrid

Container Handling Equipment Market, Lifting Capacity Outlook
• < 50 Tons
• 50-100 Tons
• >100 Tons

Container Handling Equipment Market, Handling Mode Outlook
• Manual
• Automatic

Container Handling Equipment Market, Type Outlook
• Forklift Trucks
• Rubber-Tired Gantry (RTG) Cranes
• Stacking Cranes
• Mobile Harbor Cranes
• Ship-to-Shore (STS) Cranes
• Reach Stackers
• Straddle Carriers
• Automated Equipment

Container Handling Equipment Market, End Use Outlook
• Ports
• Container Freight Stations (CFS)
• Others

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Regional Assessment

North America accounted for a significant container handling equipment market share in 2024. The regional market dominance is primarily attributed to the growth of international trade and the expansion of major ports. The rising adoption of automation and smart port technologies to reduce costs and improve efficiency further contributes to the region's leading market position.
Asia Pacific is anticipated to witness robust growth in the coming years. This is due to the growing manufacturing and export activities in the region. The rapid expansion of mega-ports like Shanghai and Singapore has further driven demand for high-capacity cranes and automated guided vehicles (AGVs).

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About Polaris Market Research & Consulting, Inc:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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