Port Material Handling Equipment Vehicle Market
Port Material Handling Equipment Vehicle Market Study by Cranes, Ship Loaders, Reach Stackers, Mooring Systems, Forklift Trucks, Automated Guided Vehicles, and Others from 2023 to 2033
Analysis of Port Material Handling Equipment Vehicle Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Port Material Handling Equipment Vehicle Market Outlook (2023 to 2033)
According to Fact.MR, the global port material handling equipment vehicle market reached a size of US$ 6.97 billion in 2022 with worldwide demand increasing at a CAGR of 5.4% from 2018 to 2022. The industry is projected to expand at a CAGR of 5.2% and reach US$ 12.17 billion by the end of 2033.
Significant growth in the logistics and transportation sector is characterized by the widened horizon of domestic and international material handling equipment vehicles. The efficient management of various key services, including warehousing and distribution, is paving the way for the growing demand for port material handling equipment vehicles.
- Sales of port material handling equipment vehicles in India are forecasted to increase at a CAGR of 7% and reach US$ 997.85 million by 2033.
- Demand for port material handling equipment vehicles for container handling is projected to reach a market value of US$ 5.30 billion by 2033.
- The German market is predicted to register a CAGR of 6.7% and reach US$ 1.25 billion by 2033.
- Sales of port material handling equipment vehicles in Japan are set to increase at a CAGR of 5.7% and reach US$ 985.68 million by the end of the projected period.
Noteworthy growth in e-Commerce along with rising export and import activities in various countries are predicted to drive opportunities for manufacturers of port material handling equipment vehicles. Constant renovation of infrastructure and industrial facilities around the world is forecasted to augment growth opportunities for market players.
Development of innovative forklift trucks and similar facilities is creating opportunities for suppliers of port material handling equipment vehicles. These advancements are attributed to the propelling demand for goods transportation from one place to another. Prominent companies are concentrating on some advanced technologies that include biometrics and GPS (global positioning system) in port material handling equipment vehicles.
Vehicles equipped for port material handling find applications in marine ports to move cargo. Lift trucks, stackers, tractors, etc., are used for the transportation of cargo from the ship terminal to respective distributor hubs or warehouses. Growing requirements for efficient warehousing and distribution systems are contributing to market growth. Governments from various countries are concentrating on improving their port infrastructure to boost the effectiveness of the distribution system and stacking.
| Report Attributes | Details |
|---|---|
| Port Material Handling Equipment Vehicle Market Size (2023) | US$ 7.33 Billion |
| Forecasted Market Value (2033) | US$ 12.17 Billion |
| Global Market Growth Rate (2023 to 2033) | 5.2% CAGR |
| Cranes Segment Value (2033) | US$ 4.37 Billion |
| China Market Growth Rate (2023 to 2033) | 5.3% CAGR |
| Germany Market Growth Rate (2023 to 2033) | 6.7% CAGR |
| United States Market Value (2033) | US$ 2.59 Billion |
| Key Companies Profiled | American Crane & Equipment Corporation; Shanghai Zhenhua Heavy Industries (ZPMC); ABB Group; CVS Ferrari S.p.A.; Anhui Heli; FAMUR FAMAK S.A.; Cavotec; Hyster Forklift Company; Liebherr; Kalmar Global; Konecranes; McNally Bharat Engineering Limited; Loking Holdings Limited; SANY Group; TIL Limited; TTS; Timars Svets & Smide AB |
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Which Factors are Contributing to Rising Demand for Port Material Handling Equipment Vehicles?
“Booming Shipping Industry Generating Huge Prospects for Market Players”
The global shipping industry has been expanding at a noteworthy pace in recent years. Increasing international trade volumes are contributing to respective market growth. The increasing need for logistics to manage large trade volumes is providing opportunities for port material handling equipment vehicle suppliers.
Extensive development of numerous ports is leading to increased uptake of automated transit vehicles, cranes, forklift trucks, reach stackers, ship loaders, and container lift trucks. Warehouse storage management, ship handling, and container management are some broad application areas of port material handling equipment vehicles.
“Multilateral Trade Frameworks Fueling Opportunities for Port Material Handling Equipment Vehicle Suppliers”
Increasing import and export activities related to goods and commodities through seaports owing to multiple free-trade agreements, including the TPSEP (Trans-Pacific Strategic Economic Partnership), AFTA (ASEAN (Association of Southeast Asian Nations) Free Trade Area), NAFTA (North America Free Trade Agreement), etc., are estimated to strengthen the economic situation of countries. These activities are predicted to drive growth in the market for port material handling equipment vehicles.
What is the Main Obstacle Encountered by Market Players in Increasing Their Sales?
“High Initial Expenditure and Maintenance Cost”
High initial investments along with maintenance expenditure on port material handling equipment vehicles are forecasted to pose challenges for players across the globe. Therefore, the high cost of port material handling equipment vehicles hinders market growth as small enterprises cannot afford to spend on the purchase of these equipment vehicles.
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How are Start-ups Strategizing to Mark Their Presence in This Market?
“Adoption of Advanced Technologies in Development of Material Handling Equipment Vehicles”
Start-ups are investing in R&D activities to develop more effective and economical port material handling equipment vehicles. Automation, biometrics, GPS, etc., are some technologies that are used in the development of products by new entrants to increase their profit share.
Country-wise Insights
Which Aspects are Contributing to Market Growth in the United States?
“Rapid Growth of Material Handling and Logistics Sector”
Demand for port material handling equipment vehicles in the United States is estimated to increase at a 5.4% CAGR and reach a value of US$ 2.59 billion by 2033.
- Material handling and logistics is considered one of the fastest-growing industries in the United States, according to the United States Department of Commerce and Bureau of Labor Statistics. Moreover, the demand for numerous material handling and logistic systems and equipment in the United States exceeds US$ 156 billion annually. The manufacturers employ more than 700,000 workers per year in the United States.
Increasing automation in prominent industries is propelling demand for effective management services that are further boosting sales of port material handling equipment vehicles. Moreover, the presence of some key players such as Hyster-Yale Materials Handling Inc., Crown Equipment Corporation, Taylor Machine Works Inc., and American Crane & Equipment Corporation in the United States is also predicted to contribute to market revenue.
How is India Emerging as a Noteworthy Market for Suppliers of Port Material Handling Equipment Vehicles?
“Rising Maritime Expenditure Bolstering Demand for Port Material Handling Equipment Vehicles”
The Indian market is projected to advance at a CAGR of 7% and reach a value of US$ 997.85 million by the end of the forecast period. Increasing investments in developing maritime infrastructure are projected to boost the demand for port material handling equipment vehicles.
For instance :
- The Indian government announced to spend US$ 82 billion on major seaports of the country in March 2021. Moreover, the Sagarmala Program also consists of about 574 projects to be implemented through 2025.
Rising demand for effective on-site operations based on cargo handling as well as shipping is projected to increase significantly. These factors are expected to stimulate the entry of various new manufacturers of port material handling equipment vehicles into the landscape.
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Category-wise Insights
Which Facets Make Automated Stacking Cranes More Popular Globally?
“Increased Productivity and Safety of Automated Stacking Cranes”
Demand for cranes is estimated to expand at a 9.8% CAGR and reach a value of US$ 4.37 billion by 2033. Sales of automated stacking cranes are anticipated to spike due to their ability to enhance productivity and safety and maximize space efficiency.
Several market players, including Kalmar Global, are operating at the forefront in this regard. The company offers the ASC (AutoShuttleTM automated stacking crane) that helps in reducing footprint size to yield noteworthy capital cost savings.
Which Application of Port Material Handling Equipment Vehicles Accounts for Higher Revenue?
“Thriving International Trade Propelling Demand for Port Material Handling Equipment Vehicles for Container Handling”
Sales of port material handling equipment vehicles for container handling are projected to increase at a CAGR of 5.3% and reach US$ 5.30 billion by 2033. Increasing trade volumes at international and domestic levels are predicted to play a pivotal role in rising sales of port material handling equipment vehicles.
- Hyster Forklift Company provides a wide variety of port material handling equipment vehicles. The laden container handlers of the company deliver unparalleled products with a capacity of 40 to 52 thousand kilograms.
Which Propulsion is Widely Preferred for Port Material Handling Equipment Vehicles?
“Inclination towards Electric-/Battery-based Port Material Handling Equipment Vehicles as Eco-friendly Alternative”
Based on propulsion, the demand for electric-/battery-powered port material handling equipment vehicles is growing around the world. Increasing concerns about excessive fuel consumption along with its adverse environmental impacts is stimulating consumers to opt for eco-friendly and sustainable alternatives.
Key Market Players
New developments, strengthening the supply chain management system, maintaining product standards, etc., are some noteworthy initiatives taken by market players.
Market players are investing in footprint expansion, mergers & collaborations, etc., to gain a competitive edge.
For instance :
- ABB Group announced its investment of CHF 40 million (US$ 45 million) in December 2020 for the expansion of its R&D activities and an office area for the motion and industrial automation business in Aragu, Switzerland.
Key companies in the port material handling equipment vehicle market include American Crane & Equipment Corporation, Shanghai Zhenhua Heavy Industries (ZPMC), ABB Group, CVS Ferrari S.p.A., Anhui Heli, FAMUR FAMAK S.A., Cavotec, Hyster Forklift Company, Liebherr, Kalmar Global, Konecranes, McNally Bharat Engineering Limited, Loking Holdings Limited, SANY Group, TIL Limited, TTS, and Timars Svets & Smide AB.
Segmentation of Port Material Handling Equipment Vehicle Industry Research
-
By Equipment :
- Cranes
- Rubber-tired Gantry (RTG)
- Electrified Rubber-tired Gantry (E-RTG)
- Ship-to-share
- Yard
- Rail-mounted Gantry (RMG)
- Automated Stacking
- Ship Loaders
- Reach Stackers
- Mooring Systems
- Forklift Trucks
- Automated Guided Vehicles
- Container Lift Trucks
- Terminal Tractors
- Straddle Carriers
- Cranes
-
By Application :
- Container Handling
- Ship Handling
- Services
- Storage Handling
- Automated Storage Handling
- Bulk Material Handling
-
By Propulsion :
- Diesel
- Gasoline
- Electric-/Battery-powered
- Hybrid
-
By Demand :
- New Demand
- MRO (Maintenance, Repair, & Operations) & Services
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary : Global Market
- 2. Market Overview
- 3. Global Market Analysis and Forecast, by Equipment
- 3.1. Tug Boats
- 3.2. Cranes
- 3.2.1. Rubber to Tired Gantry (RTG) Cranes
- 3.2.2. Electrified Rubber to Tired Gantry (E to RTGS) Cranes
- 3.2.3. Ship to Shore Cranes
- 3.2.4. Yard Cranes
- 3.2.5. Rail Mounted Gantry (RMG) Cranes
- 3.2.6. Automated Stacking Cranes
- 3.3. Ship loaders
- 3.4. Reach Stackers
- 3.5. Mooring Systems
- 3.6. Automated Guided Vehicles
- 3.7. Forklift Trucks
- 3.8. Container Lift Trucks
- 3.9. Terminal Tractors
- 3.10. Straddle Carriers
- 3.11. Others
- 4. Global Market Analysis and Forecast, by Application
- 4.1. Container Handling
- 4.2. Ship Handling
- 4.3. Services
- 4.4. Storage Handling
- 4.5. Automated Storage Handling
- 4.6. Bulk Material Handling
- 4.7. Others
- 5. Global Market Analysis and Forecast, by Propulsion
- 5.1. Diesel
- 5.2. Gasoline
- 5.3. Electric/Battery
- 5.4. Others
- 6. Global Market Analysis and Forecast, by Demand
- 6.1. New Demand
- 6.2. MRO & Services
- 7. Global Market Analysis and Forecast, by Region
- 7.1. North America
- 7.2. Europe
- 7.3. Asia Pacific
- 7.4. Middle East & Africa
- 7.5. Latin America
- 8. North America Market Volume (Million Units) & Value (US$ Mn) Forecast, 2023 to 2033
- 9. Europe Market Volume (Million Units) & Value (US$ Mn) Forecast, 2023 to 2033
- 10. Asia Pacific Market Volume (Million Units) & Value (US$ Mn) Forecast, 2023 to 2033
- 11. Middle East & Africa Market Volume (Million Units) & Value (US$ Mn) Forecast, 2023 to 2033
- 12. Latin America Market Volume (Million Units) & Value (US$ Mn) Forecast, 2023 to 2033
- 13. Competition Landscape
- 13.1. ABB
- 13.2. American Crane & Equipment
- 13.3. Anhui Heli
- 13.4. Cavotec
- 13.5. CVS Ferrari
- 13.6. Famur Famak
- 13.7. Hyster
- 13.8. Kalmar
- 13.9. Konecranes
- 13.10. Liebherr
- 13.11. Lonking Holdings Limited
- 13.12. Mcnally Bharat Engineering
- 13.13. Sany
- 13.14. Shanghai Zhenhua Heavy Industries (ZPMC)
- 13.15. Til Limited
- 13.16. Timars Svets & Smide Ab
- 13.17. TTS
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List Of Table
Table 01: Global Market Volume (Million Units) Forecast, by Equipment, 2023 to 2033
Table 02: Global Market Value (US$ Mn) Forecast, by Equipment, 2023 to 2033
Table 03: Global Market Volume (Million Units) Forecast, by Propulsion, 2023 to 2033
Table 04: Global Market Value (US$ Mn) Forecast, by Propulsion, 2023 to 2033
Table 05: Global Market Value (US$ Mn) Forecast, by Application, 2023 to 2033
Table 06: Global Market Value (US$ Mn) Forecast, by Demand, 2023 to 2033
Table 07: Global Market Volume (Million Units) Forecast, by Region, 2023 to 2033
Table 08: Global Market Value (US$ Mn) Forecast, by Region, 2023 to 2033
Table 09: North America Market Volume (Million Units) Forecast, by Equipment, 2023 to 2033
Table 10: North America Market Value (US$ Mn) Forecast, by Equipment, 2023 to 2033
Table 11: North America Market Volume (Million Units) Forecast, by Propulsion, 2023 to 2033
Table 12: North America Market Value (US$ Mn) Forecast, by Propulsion, 2023 to 2033
Table 13: North America Market Value (US$ Mn) Forecast, by Application, 2023 to 2033
Table 14: North America Market Value (US$ Mn) Forecast, by Demand, 2023 to 2033
Table 15: North America Market Volume (Million Units) Forecast, by Country, 2023 to 2033
Table 16: North America Market Value (US$ Mn) Forecast, by Country, 2023 to 2033
Table 17: Europe Market Volume (Million Units) Forecast, by Equipment, 2023 to 2033
Table 18: Europe Market Value (US$ Mn) Forecast, by Equipment, 2023 to 2033
Table 19: Europe Market Volume (Million Units) Forecast, by Propulsion, 2023 to 2033
Table 20: Europe Market Value (US$ Mn) Forecast, by Propulsion, 2023 to 2033
Table 21: Europe Market Value (US$ Mn) Forecast, by Application, 2023 to 2033
Table 22: Europe Market Value (US$ Mn) Forecast, by Demand, 2023 to 2033
Table 23: Europe Market Volume (Million Units) Forecast, by Country and Sub-region, 2023 to 2033
Table 24: Europe Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023 to 2033
Table 25: Asia Pacific Market Volume (Million Units) Forecast, by Equipment, 2023 to 2033
Table 26: Asia Pacific Market Value (US$ Mn) Forecast, by Equipment, 2023 to 2033
Table 27: Asia Pacific Market Volume (Million Units) Forecast, by Propulsion, 2023 to 2033
Table 28: Asia Pacific Market Value (US$ Mn) Forecast, by Propulsion, 2023 to 2033
Table 29: Asia Pacific Market Value (US$ Mn) Forecast, by Application, 2023 to 2033
Table 30: Asia Pacific Market Value (US$ Mn) Forecast, by Demand, 2023 to 2033
Table 31: Asia Pacific Market Volume (Million Units) Forecast, by Country and Sub-region, 2023 to 2033
Table 32: Asia Pacific Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023 to 2033
Table 33: Middle East & Africa Market Volume (Million Units) Forecast, by Equipment, 2023 to 2033
Table 34: Middle East & Africa Market Value (US$ Mn) Forecast, by Equipment, 2023 to 2033
Table 35: Middle East & Africa Market Volume (Million Units) Forecast, by Propulsion, 2023 to 2033
Table 36: Middle East & Africa Market Value (US$ Mn) Forecast, by Propulsion, 2023 to 2033
Table 37: Middle East & Africa Market Value (US$ Mn) Forecast, by Application, 2023 to 2033
Table 38: Middle East & Africa Market Value (US$ Mn) Forecast, by Demand, 2023 to 2033
Table 39: Middle East & Africa Market Volume (Million Units) Forecast, by Country and Sub-region, 2023 to 2033
Table 40: Middle East & Africa Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023 to 2033
Table 41: Latin America Market Volume (Million Units) Forecast, by Equipment, 2023 to 2033
Table 42: Latin America Market Value (US$ Mn) Forecast, by Equipment, 2023 to 2033
Table 43: Latin America Market Volume (Million Units) Forecast, by Propulsion, 2023 to 2033
Table 44: Latin America Market Value (US$ Mn) Forecast, by Propulsion, 2023 to 2033
Table 45: Latin America Market Value (US$ Mn) Forecast, by Application, 2023 to 2033
Table 46: Latin America Market Value (US$ Mn) Forecast, by Demand, 2023 to 2033
Table 47: Latin America Market Volume (Million Units) Forecast, by Country and Sub-region, 2023 to 2033
Table 48: Latin America Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023 to 2033
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Projection, by Equipment, 2023 to 2033
Figure 02: Global Market Share Analysis, by Equipment, 2023 and 2033
Figure 03: Global Market, US$ Mn, Incremental Opportunity, by Equipment, 2023 to 2033
Figure 04: Global Market Value (US$ Mn) Projection, by Propulsion, 2023 to 2033
Figure 05: Global Market Share Analysis, by Propulsion, 2023 and 2033
Figure 06: Global Market, US$ Mn, Incremental Opportunity, by Propulsion, 2023 to 2033
Figure 07: Global Market Value (US$ Mn) Projection, by Application, 2023 to 2033
Figure 08: Global Market Share Analysis, by Application, 2023 and 2033
Figure 09: Global Market, US$ Mn, Incremental Opportunity, by Application, 2023 to 2033
Figure 10: Global Market Value (US$ Mn) Projection, by Demand, 2023 to 2033
Figure 11: Global Market Share Analysis, by Demand, 2023 and 2033
Figure 12: Global Market, US$ Mn, Incremental Opportunity, by Demand, 2023 to 2033
Figure 13: Global Market Value (US$ Mn) Projection by Region, 2023 to 2033
Figure 14: Global Market Share Analysis, by Region, 2023 and 2033
Figure 15: Global Market, US$ Mn, Incremental Opportunity, by Region, 2023 to 2033
Figure 16: North America Market Value (US$ Mn) Projection, by Equipment, 2023 to 2033
Figure 17: North America Market Share Analysis, by Equipment, 2023 and 2033
Figure 18: North America Market, US$ Mn, Incremental Opportunity, by Equipment, 2023 to 2033
Figure 19: North America Market Value (US$ Mn) Projection, by Propulsion, 2023 to 2033
Figure 20: North America Market Share Analysis, by Propulsion, 2023 and 2033
Figure 21: North America Market, US$ Mn, Incremental Opportunity, by Propulsion, 2023 to 2033
Figure 22: North America Market Value (US$ Mn) Projection, by Application, 2023 to 2033
Figure 23: North America Market Share Analysis, by Application, 2023 and 2033
Figure 24: North America Market, US$ Mn, Incremental Opportunity, by Application, 2023 to 2033
Figure 25: North America Market Value (US$ Mn) Projection, by Demand, 2023 to 2033
Figure 26: North America Market Share Analysis, by Demand, 2023 and 2033
Figure 27: North America Market, US$ Mn, Incremental Opportunity, by Demand, 2023 to 2033
Figure 28: North America Market Value (US$ Mn) Projection by Country, 2023 to 2033
Figure 29: North America Market Share Analysis, by Country, 2023 and 2033
Figure 30: North America Market, US$ Mn, Incremental Opportunity, by Country, 2023 to 2033
Figure 31: Europe Market Value (US$ Mn) Projection, by Equipment, 2023 to 2033
Figure 32: Europe Market Share Analysis, by Equipment, 2023 and 2033
Figure 33: Europe Market, US$ Mn, Incremental Opportunity, by Equipment, 2023 to 2033
Figure 34: Europe Market Value (US$ Mn) Projection, by Propulsion, 2023 to 2033
Figure 35: Europe Market Share Analysis, by Propulsion, 2023 and 2033
Figure 36: Europe Market, US$ Mn, Incremental Opportunity, by Propulsion, 2023 to 2033
Figure 37: Europe Market Value (US$ Mn) Projection, by Application, 2023 to 2033
Figure 38: Europe Market Share Analysis, by Application, 2023 and 2033
Figure 39: Europe Market, US$ Mn, Incremental Opportunity, by Application, 2023 to 2033
Figure 40: Europe Market Value (US$ Mn) Projection, by Demand, 2023 to 2033
Figure 41: Europe Market Share Analysis, by Demand, 2023 and 2033
Figure 42: Europe Market, US$ Mn, Incremental Opportunity, by Demand, 2023 to 2033
Figure 43: Europe Market Value (US$ Mn) Projection by Country and Sub-region, 2023 to 2033
Figure 44: Europe Market Share Analysis, by Country and Sub-region, 2023 and 2033
Figure 45: Europe Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2023 to 2033
Figure 46: Asia Pacific Market Value (US$ Mn) Projection, by Equipment, 2023 to 2033
Figure 47: Asia Pacific Market Share Analysis, by Equipment, 2023 and 2033
Figure 48: Asia Pacific Market, US$ Mn, Incremental Opportunity, by Equipment, 2023 to 2033
Figure 49: Asia Pacific Market Value (US$ Mn) Projection, by Propulsion, 2023 to 2033
Figure 50: Asia Pacific Market Share Analysis, by Propulsion, 2023 and 2033
Figure 51: Asia Pacific Market, US$ Mn, Incremental Opportunity, by Propulsion, 2023 to 2033
Figure 52: Asia Pacific Market Value (US$ Mn) Projection, by Application, 2023 to 2033
Figure 53: Asia Pacific Market Share Analysis, by Application, 2023 and 2033
Figure 54: Asia Pacific Market, US$ Mn, Incremental Opportunity, by Application, 2023 to 2033
Figure 55: Asia Pacific Market Value (US$ Mn) Projection, by Demand, 2023 to 2033
Figure 56: Asia Pacific Market Share Analysis, by Demand, 2023 and 2033
Figure 57: Asia Pacific Market, US$ Mn, Incremental Opportunity, by Demand, 2023 to 2033
Figure 58: Asia Pacific Market Value (US$ Mn) Projection by Country and Sub-region, 2023 to 2033
Figure 59: Asia Pacific Market Share Analysis, by Country and Sub-region, 2023 and 2033
Figure 60: Asia Pacific Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2023 to 2033
Figure 61: Middle East & Africa Market Value (US$ Mn) Projection, by Equipment, 2023 to 2033
Figure 62: Middle East & Africa Market Share Analysis, by Equipment, 2023 and 2033
Figure 63: Middle East & Africa Market, US$ Mn, Incremental Opportunity, by Equipment, 2023 to 2033
Figure 64: Middle East & Africa Market Value (US$ Mn) Projection, by Propulsion, 2023 to 2033
Figure 65: Middle East & Africa Market Share Analysis, by Propulsion, 2023 and 2033
Figure 66: Middle East & Africa Market, US$ Mn, Incremental Opportunity, by Propulsion, 2023 to 2033
Figure 67: Middle East & Africa Market Value (US$ Mn) Projection, by Application, 2023 to 2033
Figure 68: Middle East & Africa Market Share Analysis, by Application, 2023 and 2033
Figure 69: Middle East & Africa Market, US$ Mn, Incremental Opportunity, by Application, 2023 to 2033
Figure 70: Middle East & Africa Market Value (US$ Mn) Projection, by Demand, 2023 to 2033
Figure 71: Middle East & Africa Market Share Analysis, by Demand, 2023 and 2033
Figure 72: Middle East & Africa Market, US$ Mn, Incremental Opportunity, by Demand, 2023 to 2033
Figure 73: Middle East & Africa Market Value (US$ Mn) Projection by Country and Sub-region, 2023 to 2033
Figure 74: Middle East & Africa Market Share Analysis, by Country and Sub-region, 2023 and 2033
Figure 75: Middle East & Africa Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2023 to 2033
Figure 76: Latin America Market Value (US$ Mn) Projection, by Equipment, 2023 to 2033
Figure 77: Latin America Market Share Analysis, by Equipment, 2023 and 2033
Figure 78: Latin America Market, US$ Mn, Incremental Opportunity, by Equipment, 2023 to 2033
Figure 79: Latin America Market Value (US$ Mn) Projection, by Propulsion, 2023 to 2033
Figure 80: Latin America Market Share Analysis, by Propulsion, 2023 and 2033
Figure 81: Latin America Market, US$ Mn, Incremental Opportunity, by Propulsion, 2023 to 2033
Figure 82: Latin America Market Value (US$ Mn) Projection, by Application, 2023 to 2033
Figure 83: Latin America Market Share Analysis, by Application, 2023 and 2033
Figure 84: Latin America Market, US$ Mn, Incremental Opportunity, by Application, 2023 to 2033
Figure 85: Latin America Market Value (US$ Mn) Projection, by Demand, 2023 to 2033
Figure 86: Latin America Market Share Analysis, by Demand, 2023 and 2033
Figure 87: Latin America Market, US$ Mn, Incremental Opportunity, by Demand, 2023 to 2033
Figure 88: Latin America Market Value (US$ Mn) Projection by Country and Sub-region, 2023 to 2033
Figure 89: Latin America Market Share Analysis, by Country and Sub-region, 2023 and 2033
Figure 90: Latin America Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the present value of the port material handling equipment vehicle market?
The global port material handling equipment vehicle market stands at US$ 7.33 billion in 2023.
At what CAGR is the demand for port material handling equipment vehicles estimated to increase?
Sales of port material handling equipment vehicles are predicted to increase at a CAGR of 5.2% through 2033.
What is the projected value of the Chinese market for 2033?
Demand for port material handling equipment vehicles in China is projected to reach US$ 3.14 billion by 2033.
What is the growth outlook for the United States market?
The United States port material handling equipment vehicle market is forecasted to rise at a CAGR of 5.4% through 2033.
Which end-use application accounts for high market growth?
Port material handling equipment vehicles are widely used for container handling and their sales are expected to reach US$ 5.30 billion by 2033.
At what rate is the demand for port material handling equipment vehicles set to accelerate in Germany?
Sales of port material handling equipment vehicles in Germany are predicted to increase at 6.7% CAGR from 2023 to 2033.
What is the forecasted size of the global market for 2033?
The global market for port material handling equipment vehicles is forecasted to reach US$ 12.17 billion by 2033.
Port Material Handling Equipment Vehicle Market