New York, NY, Oct. 13, 2021 (GLOBE NEWSWIRE) — Facts and Factors has released a new research report titled “Port Equipment Market By Application (Container Handling, Bulk Handling, Ship Handling, etc.), By Equipment Type (Tugs, Cranes, Mooring System, Ship Loaders, Stackers, Automated Guide Vehicles, Container Forklifts, Terminal Tractors, Riders, and Others), by Type (Diesel, Electric, and Hybrid) and Regions – Global and Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021-2026 » in its research database
“According to the latest research study, the demand for Port equipment market size and share are expected to reach USD 35.3 billion by 2026 from USD 30.2 billion in 2020, at a compound annual growth rate (CAGR) of 3.9% during the forecast period 2021 to 2026 »
Global Port Equipment Market: Overview
Port equipment is the set of physical infrastructure that helps support a litany of tasks in a maritime facility that compromises one or more loading areas and unloads cargo and passengers. These locations are often on a coastline or estuary and can be found further inland in some areas. The primary purpose of port equipment is to provide a quick and accessible entry point between ships and land models for transfer purposes.
Port equipment includes all vehicles, tools, equipment and parts that are used on the quays. The equipment is effectively used for cargo and passenger handling at the seaport. Few commonly used port equipment includes 4×4 terminal tractor, rail mounted gantry cranes (RMG), rubber tyred gantry cranes, other construction site cranes, electrified rubber tyred gantry cranes, stacking cranes automated stackers, loaded and empty container stackers, 4×2 terminal tractors, loaded and empty container forklifts, and shore-based shipping cranes. A few of the main applications for port equipment include scrap handling, heavy lifting, bulk handling, container handling, stacking and general freight.
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- 2020 updated Report overview, overview and in-depth analysis of the industry
- Impact analysis of the COVID-19 outbreak included
- 215+ page research report (including updated research)
- Provide guidance by chapter upon request
- Regional analysis updated in 2020 with graphical representation of size, share and trends
- Includes an updated list of tables and figures
- The updated report includes key market players with their business strategy, sales volume, and revenue analysis
- Methodology for finding facts and factors
(Note: sample of this report is updated with COVID-19 impact analysis prior to delivery)
Key Industry Market Players
- Shanghai Zhenhua Heavy Industries
- Ferrari CV
- Anhui Heli
- Famur Famak
- American crane and equipment
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Answers to key questions in this report:
- What is the projected market size and growth rate of the Port Equipment market?
- What are the key factors driving the growth of the port equipment market?
- Who are the major companies operating in the port equipment market?
- Which segments are covered in the port equipment market?
- How Can I Get Free Sample Port Equipment Market Reports/Company Profiles?
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Global Port Equipment Market: Growth Factors
The driving factors of the global port equipment market over the forecast period can be attributed to the increasing number of container shipments globally, coupled with the increase in the number of vessels and the volume of trade, for n to name a few. In addition, the growing emphasis of emerging economies on new port development coupled with increasing trade routes for heavy and bulk cargo is expected to increase the global port equipment market footprint during the period of forecast. Additionally, factors related to ample availability of cargo space, economic and safety-based measures are expected to boost the global port equipment market over the forecast period.
The global port equipment market is expected to be boosted by factors contributing to increase in private and public sector investment measures associated with the integration of smart solutions such as optimized operations, reduced logistics costs and security measures. increasing efficiencies, to name a few. However, the advent of COVID-19 is expected to hamper the growth of the global port equipment market during the advent of the forecast.
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Global Port Equipment Market: Scope of the Report
|Market Size Value 2019||$30.2 Billion|
|Market forecast for 2026||$35.3 Billion|
|Expected CAGR Growth||CAGR 3.9% from 2020 to 2026|
|Main market players||Liebherr, TTS, Kalmar, Konecranes, Sany, Shanghai Zhenhua Heavy Industries, Hyster, Lonking, CVS Ferrari and others|
|Segments Covered||Applications, Equipment Types, Types and Region|
|Geographical areas covered||North America, Europe, Asia-Pacific, Latin America, Middle East and Africa|
|Pricing options||Request custom purchase options to meet your research needs. Explore purchase options|
Global port equipment market: segmentation
The global port equipment market is segmented into application, type of equipment, type and region.
The global port equipment market is divided into container handling, bulk handling, ship handling and others on the basis of application. The container handling segment is expected to witness the largest market share during the advent of the forecast due to increased functionality in terms of stacking, bulk handling, scrap handling, heavy lifting and general cargo loading and unloading, to name a few. The global port equipment market is categorized into tugs, cranes, mooring systems, ship loaders, reach stackers, automated guide vehicles, container forklifts, terminal tractors, straddle carriers and others on the basis of type of equipment. The category of cranes is expected to experience the largest market share in the advent of the forecast owing to the decreasing cost per trip coupled with the growing number of superior efficiency and growing number of ports, to name a few. -ones. On the basis of type, the global port equipment market is classified into diesel, electric and hybrid. The diesel category is expected to witness the largest market share in the advent of the forecast owing to superior fuel efficiency, power, performance, and reliability.
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Global Port Equipment Market: Regional Analysis
North America is expected to witness the largest market share in the advent of the forecast owing to the increasing number of products by the major market players in the region coupled with the development of advanced technologies to name a few some. The region of Europe is expected to occupy a substantial market share in the advent of the forecast owing to a healthier economy coupled with the penetration of international players to the region to name a few. The Asia-Pacific region is expected to witness the fastest growing CAGR market share during the advent of the forecast owing to the growing number of port equipment launches in the region and the growing demand for greenfield projects, for n to name a few.
Browse all “Port Equipment Market By Application (Container Handling, Bulk Handling, Ship Handling, etc.), By Equipment Type (Tugs, Cranes, Mooring System, Ship Loaders, Stackers, Automated Guide Vehicles, Container Forklifts, Terminal Tractors, Riders, and Others), by Type (Diesel, Electric, and Hybrid) and Regions – Global and Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021-2026 » Report to https://www.fnfresearch.com/port-equipment-market-by-type-yard-crane-reach-271
Global Port Equipment Market: Analysis by Application Segment
- Container handling
- Bulk handling
- Ship handling
Global Port Equipment Market: Segment Analysis by Type of Equipment
- Mooring system
- ship loaders
- Reach Stackers
- Automated Guide Vehicles
- Container forklifts
- Terminal tractors
- straddle carriers
Global Port Equipment Market: Segment Analysis by Type
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