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Cargo Handling Equipment Market by Application, Equipment, Propulsion And Region - Global Forecast to 2025

Cargo Handling Equipment Market: Global Forecast until 2025

  • June 2018
  • 178 pages
  • ID: 5467593
In this report:
According to the IATA publication, Asia Pacific contributed around ##-##% of the global air cargo in 2016, which has grown from ##.## million units in 2016 to ##.## million units in 2017, at a growth rate of ##.##%.
For instance, according to the World Trade Organization, the export of automotive products and chemicals increased at CAGRs of ##.##% and ##.##%, respectively, from 2010 to 2015.

Summary

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The growth in cargo transportation and need for automation to handle increased cargo volumes is predicted to push the market for cargo handling equipment.

The cargo handling equipment market is estimated to rise at a compound annual growth rate of ~3.6 percent, during the estimate period, to attain a market size of ~$28.0B by 2025 from an estimated ~$21.9B in 2018. Rised seaborne trade and rise in trends including E-commerce are the top drivers for this sector. Nevertheless, the high capital costs of cargo handling equipment and lack of synchronization among distinct equipment can hinder the increase of the market.

The marine cargo segment is expected to grow at the maximal rate during the outlook period.

The marine cargo segment is forecasted to be the quickest increasing sector during the estimate period. According to UNCTAD, marine cargo volumes are expected to grow at an assessed Compound annual growth rate of 3.20 percent between 2017 and 2022. Cargo flows are set to expand across all segments, with containerized and main dry bulk commodities trades recording the quickest increase. Additionally, growing number of small and medium ports will drive the industry for marine cargo handling equipment at the quickest Compound annual growth rate.

The land cargo segment is expected to account for the biggest market share of cargo handling equipment market.

The land cargo equipment market is expected to account for the biggest market share.Increased industrialization in the Asia Pacific area has fueled the rise of warehouses and distribution centers.

Therefrom, the market demand for cargo handling equipment in the warehouses is rising across the territory. On top of, increased goods production across the world is driving the industry demand for cargo movement. All the above factors are driving the sector for land cargo

Asia-Pac: The biggest and the quickest increasing container handling equipment market from 2018 to 2025.

The industry in Asia Pacific (APAC) is anticipated to lead the cargo handling equipment market, in terms of value significance, during the outlook period.Countries including China (CN), Japan (JP), Singapore (SG), and India (IN) are the top sectors for such equipment.

As per the World Shipping Council, of the top 10 container port terminals in terms of maximum volume in 2015, 7 are located in China with a capacity of around 130.2 million TEUs annually, succeeded by Singapore (SG), South Korea (KR), and the UAE. Moreover, the ports of Shanghai, Singapore (SG), Shenzhen, Hong Kong (HK), S.A.R., and Busan handle more than 19 million TEU annually. On top of, the rise in industrial production and the growth in air cargo movement in countries such as india (IN), China (CN), and Japan (JP) offer potential for the increase of this market.

Key players' distribution profiles:

The market research includes business insights specified by different market experts, ranging from equipment manufacturers, shipping authorities, and distributors. The break-up of the primaries is like:

• By Company category: Equipment Manufacturers- 58.0 percent, Shipping Authorities- 25.0 percent, and Distributors- 17.0 percent

• By Description: Manager level- 67.0 percent, C-Level- 16.0 percent, and Others - 17.0 percent

• By Area: EU- 42.0 percent, Asia Pacific- 42.0 percent, North America (NA)- 8.0 percent and rest of the world - 8.0 percent

• Toyota sectors

Segment Research

The primary objective of the study is to define, describe, and forecast the cargo handling equipment market by equipment type, propulsion type, application, air cargo, land cargo and marine cargo and area.The equipment type, propulsion type, and application industries are further split into regions.

While air cargo, land cargo, and marine cargo sectors are further divided by equipment used in each application respectively.It examines the alternatives provided by different segments of the market to stakeholders.

It tracks and analyzes the market share of the main industry participants and competitive developments including, business developments, joint ventures (JV), acquisitions, and other industrial activities carried out by the top players.

Why acquiring this study can help you

• The study offers qualitative and quantitative analyses of the several cargo equipment types in terms of value importance and quantity.

• The 10 main firms that have a significant impact on the sector have been profiled along with their financial structures, recent evolutions, and product types.

• The study offers qualitative and quantitative analyses of different cargo handling equipment types by application including air, land, and marine cargo.

• The study provides analyzes the cargo handling equipment market broken down on the basis of propulsion type.

• The report offers the competitive landscape study, which comprises the market share review of leading actors together with the dominant strategies approved by them to retain their positions.

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