Cargo Handling Equipment Market Competition Archives

Container Handling Equipment Market Size, Industry Share, Rising Trends, Growth Strategy, Business Opportunities and Competitive Analysis 2032: SPER Market Research

admin April 10, 2024 Automotive, Business, News

The equipment used to move cargo from one location to another is referred to as freight handling equipment or cargo handling equipment. These pieces of equipment offer security, safety, reduced time and expense, increased handling velocity, and versatility. Diesel, electricity, or a mix of the two can power this gadget. Ships were the only means of goods transportation in the past. Later on, it expanded to include train, trucks, and other logistical means of transportation. They come in a variety of shapes and sizes, including pallet jacks, aviation dollies, loaders, conveyor systems, cranes, automated guided vehicles, reach stackers, straddle carriers, automated guided vehicles, cranes, and forklift trucks. In container ships, cargo handling equipment is utilized to move cargo and passengers.

According to SPER market research, ‘C argo Handling Equipment Market Size- By Product, By Equipment Type, By Propulsion, Cargo Type, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ state that the Global Cargo Handling Equipment Market is predicted to reach 33.19 billion by 2032 with a CAGR of 3.27%.

The market is expanding due to reasons like the expanding e-commerce sector and the increase in trade-related agreements. Furthermore, the industry for cargo handling equipment is predicted to increase as a result of the emergence of tech-driven cargo handling solutions and the expanding use of loT-enabled connected cargo handling equipment. Moreover, growing international trade in goods and services as well as a robust logistics sector are driving forces behind the cargo handling equipment market. The two most popular kinds of trailers are forklifts and tractors. Since diesel powers much of the equipment, worries regarding fuel reliance and pollution are raised. Diesel is a common form of transportation despite its carbon monoxide emissions. The elements driving the market’s demand are the rise in air freight, industrial production, and seaborne trade.

The cargo handling equipment market is expected to increase, but there are some obstacles in the way. The large initial outlay and ongoing maintenance costs involved in purchasing and using cargo-handling equipment are one of the key obstacles. This can be a major obstacle for start-ups or small enterprises with tight budgets. Furthermore, the market must adhere to strict laws and rules, especially those pertaining to environmental and safety norms. For market players, meeting these regulations may present difficulties and raise expenses. Additionally, the growth and stability of the market may be impacted by potential disruptions in global supply chains, such as natural catastrophes or geopolitical issues.

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The COVID-19 pandemic had the greatest effects on the manufacturing, tourism, lodging, and construction sectors. Either all production was discontinued, or it was drastically reduced. As a result, the market’s need for different types of cargo handling equipment goods declined, which in turn constrained the market’s growth. However, industries are gradually getting back to producing and providing services as usual. By the end of 2021, cargo handling equipment companies should be able to resume operations at full capacity as a result of this, contributing to the market’s recovery.

Cargo Handling Equipment Market Key Players:

Geographically, North America leads the market for cargo handling equipment due to the region’s significant import and export growth as well as the rising need for robust and skilled equipment for handling containers. Significant participants in the market also include ABB (US), Anhui Heli (China), CARGOTEC CORPORATION (Finland), Gantrex (Belgium), Hangcha Forklift (China), Hoist Material Handling, and other well-known companies.

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Container Handling Equipment Market Outlook

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Cargo Handling Equipment Market Growth, Share, Revenue, Emerging Trends, Opportunities, Business Challenges and Forecast 2032: SPER Market Research

admin March 14, 2024 Business, Equipment And Machinery Industry, News

The equipment used to move cargo from one location to another is referred to as freight handling equipment or cargo handling equipment. These pieces of equipment offer security, safety, reduced time and expense, increased handling velocity, and adaptability. Diesel, electricity, or a mix of the two can power this gadget. Ships were the only means of goods transportation in the past. Container ships are used to convey products and services using cargo handling technology. The requirement for cargo handling equipment has increased rapidly due to the utilization of this equipment in end-use industries. Cargo cranes, yard tractors, container handlers, and forklifts are among the few vehicles used to move the equipment.

According to SPER market research, ‘Cargo Handling Equipment Market Size– By Product, By Equipment Type, By Propulsion, Cargo Type, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ state that the Global Cargo Handling Equipment Market is predicted to reach USD 33.19 billion by 2032 with a CAGR of 3.27%.

Growing international trade and a robust logistics sector are driving forces behind the cargo handling equipment market’s expansion. Tractors and forklifts are the most widely used trailer types. The elements driving the market’s demand include the rise in air freight, industrial output, and seaborne trade. The factors driving the growth of the cargo handling equipment market are the need for equipment with fewer emissions and greater fuel economy in order to meet the strict emission regulations. The market is expanding as a result of the increased interest in the maritime industry.

Trade restrictions, however, are impeding the expansion of the freight handling equipment market. Tariffs on imported products are examples of trade obstacles. As imports decrease due to tariffs, the cost of imported items increases. However, the establishment of new ports is being hindered by the high capital costs and lengthy building times associated with port infrastructure upkeep, which is impacting the market for cargo handling equipment. The market’s growth is hindered by a lack of coordination between various port equipment and cargo handling system mishaps.

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Numerous sectors have been badly impacted by the COVID-19 epidemic. Due to the ongoing lockdowns, the majority of business sectors including transportation, food and beverage, automotive, and electronic and electrical were affected. The majority of governments implemented strict laws, including lockdowns, closures of public spaces prohibitions on certain types of transportation, and more. The market is also impacted by the COVID-19 pandemic. The manufacturing sectors stop producing as a result of the lockdowns because of the interruptions to the supply chain, labor shortages, and raw material shortages. The cargo handling equipment industry is expanding quickly since the online procedure was introduced. Over the course of the projected period, a notable growth rate is expected in the market.

Cargo Handling Equipment Market Key Players:

Geographically, Asia-Pacific is holding the greatest market share due to the region’s growing inventive advancements, advancements in import and transportation, and advancements in web-based commerce. Globalization is growing as a result of the growth of import and material prices between different countries in this region. The market’s utilization is later expanded by this expansion of globalization. Key players are ABB, Anhui Heli, CARGOTEC CORPORATION, Gantrex, Hangcha Forklift, Hoist Material Handling, Inc., Hyster-Yale Group, Inc., KION GROUP AG, Konecranes, Liebherr-International Deutschland GmbH.

Global Cargo Handling Equipment Market Segmentation:

By Product: Based on the Product, Global Cargo Handling Equipment Market is segmented as; Trucks, Man Lifts, Rail Pushers, Electric Pallet Jacks, Excavators, Tractors, Bulldozers, Side Picks

By Equipment Type: Based on the Equipment Type, Global Cargo Handling Equipment Market is segmented as; Aviation Dollies, Stacker, Pallet Jacks, Loader, Conveyors System, Automated Guided Vehicle, Forklift trucks, Cranes, Rubber Tired Gantry Cranes, Reach Stackers, Terminal Tractors

By Propulsion: Based on the Propulsion, Global Cargo Handling Equipment Market is segmented as; Diesel, Electric, Others

By Cargo Type: Based on the Cargo Type, Global Cargo Handling Equipment Market is segmented as; Container Cargo, Dry Bulk Cargo, Liquid Bulk Cargo, Break Bulk Cargo, Ro-Ro Cargo

By Application: Based on the Application, Global Cargo Handling Equipment Market is segmented as; Air Cargo, Marine Cargo, Land Cargo

By End User: Based on the End User, Global Cargo Handling Equipment Market is segmented as; Automotive, Consumer & Retail, Energy Resources, Manufacturing, Transportation, Others

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link:-

Container Handling Equipment Market Future Outlook

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Cargo Handling Equipment Market Share and Growth 2023, Global Industry Size, Demand, Upcoming Trends, Opportunities, Key Players Strategies, Future Investments and Forecast Analysis 2022-2032: SPER Market Research

admin July 18, 2023 Business, Equipment And Machinery Industry, News

Cargo handling equipment refers to machinery, vehicles, and tools used to handle, move, and transport goods or cargo within logistics and supply chain operations. It includes equipment like cranes, forklifts, reach stackers, and conveyor systems. These tools are essential for loading, unloading, stacking, and transporting cargo efficiently and safely in various settings such as ports, airports, warehouses, and distribution centres. The equipment plays a crucial role in optimizing cargo flow, ensuring smooth operations, and increasing productivity in the logistics and transportation industries.

According to SPER market research, ‘Cargo Handling Equipment Market Size- By Product, By Equipment Type, By Propulsion, Cargo Type, By Application, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ state that the Storage and Cargo Handling Equipment Market is predicted to reach USD 33.19 billion by 2032 with a CAGR of 3.27%.

The Cargo Handling Equipment Industry is driven by several key factors. Increasing global trade and the expansion of the e-commerce and logistics sectors create a higher demand for efficient equipment to handle the movement of goods. Investments in infrastructure development, such as ports and logistics hubs, also contribute to market growth. Technological advancements, including automation, robotics, and IoT, improve operational efficiency and safety, driving the demand for advanced equipment. Additionally, the industry is influenced by the focus on sustainability and green initiatives, leading to the development of eco-friendly and energy-efficient equipment. The replacement and modernization of aging equipment further contribute to market growth.

The Cargo Handling Equipment Vehicle Market faces challenges including volatility in global trade, high capital investment, maintenance and downtime, and environmental sustainability concerns. Fluctuations in trade patterns and geopolitical tensions impact market stability, while high upfront costs hinder market entry. Implementing advanced technologies requires expertise, meeting regulatory requirements adds complexity, and maintenance is essential for optimal performance. Growing sustainability concerns require manufacturers to develop greener solutions, but transitioning can be costly. Overcoming these challenges necessitates innovation, financial planning, technological expertise, compliance management, efficient maintenance strategies, and sustainable development efforts.

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The COVID-19 pandemic had a significant impact on the Aircraft Cargo Handling Equipment Market. Disruptions in supply chains, reduced investments, and project delays affected demand. Manufacturing slowdowns and a shift in cargo handling priorities also played a role. Safety measures and automation were adopted, influencing equipment requirements. Trade activities, infrastructure investments, and the need to upgrade equipment will drive growth. Automation and advancements in cargo handling equipment will reshape the industry in the post-pandemic era. Overall, the pandemic had a short-term negative effect, but long-term recovery and growth are anticipated.

Geographically, Asia-Pacific emerged as the dominant region in the Port Material Handling Equipment Vehicle Market as a result of rising creative developments, improving import and export costs, and the expansion of online commerce. Globalisation is escalating as a result of rising import and export costs among the many countries in this region. The use of the market is afterwards expanded by this development of globalisation. Additionally, some of the market key players are Cargotec Corporation, Konecranes, Liebherr-International Deutschland GmbH, Hyster-Yale Group Inc., Toyota Industries Corporation, Others.

Global Material Handling Equipment Market Segmentation:

By Product:

Trucks
Man Lifts
Rail pushers
Electric Pallet Jacks
Excavators
Tractors
Bulldozers
Side Picks

By Equipment Type:

Aviation Dollies
Stacker
Pallet jacks
Loaders
Conveyors System
Automated Guided Vehicle

By Propulsion:

Diesel
Electric
Others

By Cargo Type:

Container Cargo
Dry Bulk Cargo
Liquid Bulk Cargo
Break Bulk Cargo
Ro-Ro Cargo

By Application:

Air Cargo
Marine Cargo
Land Cargo

By End-User:

Automotive
Consumer & Retail
Energy Resources
Manufacturing
Transportation
Others

By Region:

Asia-Pacific
Europe
Middle East & Africa
North America
Latin America

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link:-

Container Handling Equipment Market Future Opportunity

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Cargo Handling Equipment Market Growth and Share 2023, will peak USD 33.19 billion, Trends Analysis and Opportunities to 2032: SPER Market Research

admin March 29, 2023 Business, Equipment And Machinery Industry

According to SPER Market Research, An Automobile is a type of machinery used for loading and unloading tasks. Among the various advantages provided by the equipment are an improvement in equipment and facility velocity, a reduction in time, and others. Freight forwarding machinery, often known as freight heavy machinery, carries cargo from one site to another. Freight forwarding equipment carries cargo from one site to another. It is also known as freight heavy equipment. This technology offers versatility, higher handling velocity, savings in time and money, security, and protection. A adequate automobile is a type of machinery used for loading and unloading tasks.

Cargo Handling Equipment Market Overview (2022-2032)

Forecast CAGR (2022-2032): 3.27%
Forecast Market Size (2032): 33.19 billion

Among the various advantages provided by the equipment are an improvement in equipment and facility velocity, a reduction in time, and others. Freight forwarding machinery, often known as freight heavy machinery, carries cargo from one site to another. Freight forwarding equipment carries cargo from one site to another. It is also known as freight heavy equipment. This technology offers versatility, higher handling velocity, savings in time and money, security, and protection. This gadget can run on diesel, electricity, or a mix of the two. Formerly, cargo transportation was restricted to ships. It was then extended to encompass trucks, rail, and other logistical modes of transportation. Examples include stackers, pallet jacks, aviation dollies, conveyor systems, loaders, automated guided vehicles, cranes, forklift trucks, rubber-tired gantry cranes, reach stackers, straddle carriers, and terminal tractors. Container ships employ cargo handling equipment to supply goods and services.

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Impact of COVID-19 on the Global Cargo Handling Equipment Market

A Variety of enterprises have been severely impacted by the COVID-19 infestation. Most international businesses, including autos, food and drinks, electrical and electronic gadgets, transportation, and many more, will be closed in the first two quarters of the previous year due to continued lockdowns. To fight the spread of the coronavirus, most governments imposed punitive measures such as lockdowns, the closing of public spaces such as restaurants, theatres, schools, and universities, transportation bans, and other measures. The COVID-19 outbreak has also had an impact on the market. Manufacturing sectors are halting production due to supply chain disruptions, a labour shortage, and a lack of raw materials. With the introduction of the internet approach, the market for Cargo Handling Equipment Industry has increased dramatically.\

Cargo Handling Equipment Market Key Segments Covered

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2030. This report contains statistics on product type segment growth estimates and forecasts.

By Product: Based on the Product, Global Cargo Handling Equipment Market is segmented as; Trucks, Man Lifts, Rail Pushers, Electric Pallet Jacks, Excavators, Tractors, Bulldozers, Side Picks

By Equipment Type: Based on the Equipment Type, Global Cargo Handling Equipment Market is segmented as; Aviation Dollies, Stacker, Pallet Jacks, Loader, Conveyors System, Automated Guided Vehicle, Forklift trucks, Cranes, Rubber Tired Gantry Cranes, Reach Stackers, Terminal Tractors

By Propulsion: Based on the Propulsion, Global Cargo Handling Equipment Market is segmented as; Diesel, Electric, Others

By Cargo Type: Based on the Cargo Type, Global Cargo Handling Equipment Market is segmented as; Container Cargo, Dry Bulk Cargo, Liquid Bulk Cargo, Break Bulk Cargo, Ro-Ro Cargo

By Application: Based on the Application, Global Cargo Handling Equipment Market is segmented as; Air Cargo, Marine Cargo, Land Cargo

By End User: Based on the End User, Global Cargo Handling Equipment Market is segmented as; Automotive, Consumer & Retail, Energy Resources, Manufacturing, Transportation, Others

By Region: The Cargo Handling Equipment Market report covers the following regions of the world: the United States, Canada, and Mexico in North America, Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Saudi Arabia, the United Arab Emirates, Israel, Egypt, South Africa, Rest of Middle East and Africa (ME

Due to the rising need for powerful and proficient container handling equipment, as well as the quick development in significant trade between nations only within area, Asia-Pacific dominates the cargo handling equipment industry.

The nation part of the investigation also includes personal market affecting elements and changes in legislation in the business that determine present and future market trends. Downstream and upstream value chain analysis, technology developments and porter’s five forces analysis, and research papers are some of the sample points utilised to anticipate the market scenario for different nations. Also, the presence and availability of major markets, as well as the issues they face owing to big or scarce opposition from local and domestic brands, are taken into account when giving forecast analysis of nation data.

Cargo Handling Equipment Market Key Players:

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as ABB (U.S.), Anhui Heli (China), CARGOTEC CORPORATION (Finland), Gantrex (Belgium), Hangcha Forklift (China), Hoist Material Handling, Inc. (U.S.), Hyster-Yale Group, Inc. (U.S.), KION GROUP AG (Germany), Konecranes (Finland), Liebherr-International Deutschland GmbH (Germany), Siemens Logistics GmbH (Germany), Terex Corporation. (U.S.), Textron Ground Support Equipment Inc. (U.S.), TLD (U.S.), TOYOTA INDUSTRIES CORPORATION (Japan), Wärtsilä (Finland).

For More Information, refer to below link:-

Cargo Handling Equipment Market Future Outlook

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