Cargo Handling Equipment Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029

The global cargo handling equipment market has observed a considerable growth in the last five years and is expected to promising growth through the forecast period 2021 - 2023. This growth is primarily attributed to increasing traffic at ports and initiative take by port operating authorities to reduce fuel emission and improve operating efficiency. Moreover, emerging economies are continuously investing in expansion of air and marine transportation projects to support their economic developments. The market for cargo handling equipment is expected to witness significant growth with increasing mechanization and electrification of cargo handling equipment. This represents a positive outlook for cargo equipment suppliers. This study on “Cargo Handling Equipment Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2021 - 2023” highlights key investment opportunities in the global cargo handling equipment market.

The research study on cargo handling equipment market includes exhaustive analysis of the market influencing and limiting factors related to global cargo handling equipment industry. The report also includes current and future industry trends in the global as well as regional cargo handling equipment market. The report includes extensive information of demand-supply, technology development and pricing trends. High level analysis such as PESTEL, consumer behavior analysis, value chain and market attractive analysis included in the report helps industry players to identify key investment areas in this industry.

The market study of cargo handling equipment also provides market estimates and forecast of different types of cargo handling equipment and technology market size in the global, regional and country level markets in terms of both volume (number of units sold) and revenue (US$ Bn). This market is classified on the basis of vehicle type and region. The report also includes cross sectional analysis on the regional and country level i.e. regional market size by vehicle type. This study includes market historical market size (2018 & 2019), market estimate (2020) and forecast for the period 2021 - 2023 in terms of volume and revenue.

The report profiles major players in the global cargo handling equipment industry. Company profiles include detailed information about business strategies, financial overview, major competitors, product portfolio, recent developments and regional positioning of these manufacturers. The report also provides in-depth analysis about global market competition, regional market players and suppliers and positioning of key market players in the global market along with their market winning strategies.

The global cargo handling equipment market is classified into following categories:

• By Equipment Type
• Bulldozer
• Crane
• Electric pallet jack
• Excavator
• Forklift
• Loader
• Man Lift
• Rail pusher
• Reach stacker
• RTG crane
• Side pick
• Sweeper
• Top handler
• Tractor
• Truck
• By Transportation Mode
• Marine
• Air
• Railway
• By Region
• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Russia
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Australasia
• Rest of Asia Pacific
• Rest of the World
• Latin America
• Middle East and Africa

We have considered following type of cargo handling equipment in the scope of “Global Cargo Handling Equipment Market&:

• Bulldoze
• Crane
• Electric pallet jack
• Excavator
• Forklift
• Loader
• Man Lift
• Rail pusher
• Reach stacker
• RTG crane
• Side pick
• Sweeper
• Top handler
• Tractor
• Truck

Forklift represents the largest cargo handling equipment category compared to equipment. Forklift is used to lift and travel for short distance. Rubber tyred gantry crane (RTG) is the second largest product category. This segment is expected to witness significant demand with increasing automation at ports to improve the port efficiency and rising need to reduce operating costs. Rubber tyred gantry cranes are commonly used to stack or ground containers within the storage areas of the container terminal. The market for tractors, trucks, loaders and rail pushers is also expected to witness a considerable growth through the forecast period 2021 - 2023.

The global cargo handling equipment market is classified into four major regions i.e. North America, Europe, Asia Pacific and Rest of the World (RoW). The Rest of the world is further classified into South America, Africa and Middle East.

In addition, we have covered following major countries in each regional market:

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Russia
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Australasia
• Rest of Asia Pacific
• Rest of the World
• Latin America
• Middle East and Africa

The U.S. and Europe are matured markets for cargo handling equipment. The demand for cargo handling equipment in these regions is expected to spur with increasing traffic at marine as well as air ports. In addition, rising demand for electric and hybrid cargo handling equipment is also expected support this market growth. Asia Pacific is expected to witness fastest growth through the forecast period with increasing mechanization of port operations particularly in India and China. In addition, these countries are investment in new airport constructions which is also expected to increase the demand for airport cargo handling equipment.


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