$9.5 Billion Worldwide Container Handling Equipment Industry to 2027 - Featuring Anhui Heli, Cargotec, CVS Ferrari and Hyster-Yale Materials Handling Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Container Handling Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global container handling equipment market reached a value of US$ 7.31 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 9.55 Billion by 2027, exhibiting a CAGR of 4.56% during 2021-2027.

Companies Mentioned

• Anhui Heli Co. Ltd.
• Cargotec Oyj
• CVS Ferrari S.P.A.
• Hyster-Yale Materials Handling Inc.
• Konecranes Oyj
• Liebherr-International AG
• Lonking Holdings Limited
• SANY Group
• Shanghai Zhenhua Heavy Industries Company Limited
• Toyota Industries Corporation

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Container handling equipment is used in terminals to transport containers from one location to another. It is utilized for managing vessel berthing, inbound container unloading, outbound container loading and storage yards efficiently and securely.

As it offers several benefits, such as durability, longevity, and enhanced productivity, container handling equipment finds extensive applications in the automotive, food and beverages (F&B), chemical, retail, energy, manufacturing, packaging, and transportation industries across the globe.

At present, there is a rise in the demand for freight transportation to facilitate the supply chain of food, automotive parts, electronics, flowers, vaccines, and medical supplies. This, along with the expanding logistics industry across the globe, represents one of the key factors driving the market.

Moreover, key market players are extensively investing in research and development (R&D) activities to develop new and advanced container handling equipment, such as reach stackers and terminal tractors with an electric engine. This, coupled with the expanding e-commerce industry across the globe, is propelling the growth of the market.

In addition, governments of several countries are implementing stringent regulations for the electrification of container handling equipment to promote environmental-friendly operations. In line with this, they are emphasizing on labor safety, which is offering lucrative growth opportunities to industry investors.

Besides this, the rising utilization of automation in container handling equipment for real-time information of engine performance, fuel economy, tire pressure, heating, ventilation and air conditioning (HVAC), and maintenance and services, which is positively influencing the market. Other growth-inducing factors are rapid urbanization and improving port terminals.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global container handling equipment market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on equipment type, propulsion type and handling.

Breakup by Equipment Type:

• Forklift Truck
• Stacking Crane
• Mobile Harbor Crane
• Rubber-tired Gantry Crane

Breakup by Propulsion Type:

• Diesel
• Electric
• Hybrid

Breakup by Handling:

• Automatic
• Manual

Breakup by Region:

North America

• United States
• Canada

Asia-Pacific

• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others

Europe

• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others

Latin America

• Brazil
• Mexico
• Others

Middle East and Africa

Key Questions Answered in This Report:

• How has the global container handling equipment market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global container handling equipment market?
• What are the key regional markets?
• What is the breakup of the market based on the equipment type?
• What is the breakup of the market based on the propulsion type?
• What is the breakup of the market based on the handling?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global container handling equipment market and who are the key players?
• What is the degree of competition in the industry?

For more information about this report visit https://www.researchandmarkets.com/r/uv1inn