In accordance with this study, the Global Port Equipment Market value registered in 2019 was close to USD XX BN and is predicted to outstretch revenue by USD XX BN in 2026 with a CAGR of XX% during the period of 2020-2026.
Port equipment is a material handling equipment which is used for fast and efficient transfer of cargo between ships and land-based modes of transport. Some of the types of port equipment are reach stackers, container handlers, forklift trucks, material handlers, and others. Port equipment is generally used for heavy & bulky lifting of materials, scrap handling, container handling, and general cargo loading and unloading.
The increasing seaborne trade across the globe, as port equipment’s are used for the transfer of cargo between ships and land-based mode of transport, is escalating the market growth. Moreover, the rising number of container shipments in emerging economies is further fueling the demand for port equipment. On the contrary, high investment and maintenance cost of port equipment hinder the market growth.
The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of port equipment.
The study offers a decisive view of the global port equipment market by segmenting it in terms of product type and application. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Product Type
- Mooring Systems
- Tug Boats
- Ship loaders
- Container Lift Trucks
- Commercial Port
- Industrial Port
This section covers port equipment market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global port equipment market along with the individual application segment across all the prominent region.
Global Port Equipment Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global port equipment market are Anhui Heli, CVS Ferrari, Famur Famak, Hyster, Kalmar, Konecranes, Liebherr, Lonking, Sany, Shanghai Zhenhua Heavy Industries, and TTS. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
The projections featured in the report have been derived by using primary and secondary research. Secondary research has been carried out by using various sources which include (but not limited to) Corporate Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different trade publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.