Cargo Handling Equipment Market - Forecast(2023 - 2028)

Report Code: AM 75678 Report Format: PDF + Excel
Overview
The Global Cargo Handling Equipment Market is estimated to reach $30.4 billion by 2025, growing at a CAGR of 3.2% from 2020 to 2025. Cargo handling equipment are used in container ships for transportations of goods and services. Furthermore, the cargo handling equipment are used for loading/discharging operations for instance cargo cranes, side loading system, cargo pumping systems, conveyors, belt conveyors, elevators, side loading systems and others. The demand for cargo handling equipment is rising very rapidly as the adoption of the cargo handling equipment is rising in the end use industries. 
The increasing demand for strong cargo handling equipments along with rising demand of cargo shipping for transportation of goods and services efficiently in less time and low cost is driving the growth of the market.

Report Coverage
The report: “Cargo Handling Equipment Market – Forecast (2020-2025)”, by Industry ARC covers an in-depth analysis of the following segments of Cargo Handling Equipment Market.

By Cargo Type – Container Cargo, Dry Bulk Cargo, Liquid Bulk, Break Bulk Cargo, Ro-Ro Cargo
By Organization Size- Small & Medium Enterprises, Large Enterprises
By Application – Air Cargo, Marine Cargo, Land Cargo
By Mode of Propulsion - Diesel, Electric, Hybrid, Others
By Equipment Type - Conveyor Systems, Automated Guided Vehicle, Stacker, Pallet Jack, Aviation Dollies, Tired Granty Cranes, Forklifts, Cranes, Terminal Tractors, Loaders, Conveyor System, AGV, Straddle Carrier, RTG,  and Others
By End Users- Automotive, Food and Beverages, Chemicals, Minerals & Materials, Consumer & Retail, Energy & Resources, Manufacturing, Packaging, Transportation, Others
By Geography  - North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle east and Africa)

Key Takeaways
  • Rise in adoption of cargo handling equipments in the containers through air, land and marine routes for trade purposes owing to the efficiency of these equipments have driven the market growth.
  • The Diesel mode of propulsion is dominating the market owing to its low cost as compared to the others along with the wide adoption of diesel mode of propulsion. Owing to the cost factor diesel yard tractors are adopted and used by most of the end use industries thereby driving the growth of the market.
  • APAC is expected to dominate the global Cargo Handling Equipment Market in the forecast period 2020-2025 owing the rising demand of strong and efficient equipment for container handling and increase in considerable import and export along with e-commerce in this region.

By Mode of Propulsion- Segment Analysis 
By mode of Propulsion Cargo Handling Equipment Market is segmented Diesel and Electric. The diesel mode of propulsion is witnessing a significant growth in the market owing to the less cost of diesel yard tractors. In the ports many truck hauling containers and other cargo marine terminals are all powered by diesel engines. The durability and longevity offered by diesel engines are mostly preferred in applications for instance locomotives and marine workboats. Furthermore, apart from the diesel engine durability, the replacement of older engines with the newer ones results in reduction of substantial emissions along with fuel saving benefits. Due to factors such as improved reliability, efficiency, power and performance the diesel engines are preferred as a convenient option owing to which it is widely used in cargo handling equipment. 

By Application - Segment Analysis
By Application the market is segmented into Air cargo, Marine Cargo and Land Cargo. The Marine cargo is dominating the market owing to its wide use in the container ships. According to CEIC, reportedly Chinas Container Port Throughput had an increase from 216,684,000 TEU to 225,828,900 TEU in December 2018 as compared to December 2017. According to Diesel technology Forum, the U.S economy is increasingly depending upon the international trade owing to which 39 of 360 commercial ports are located in this region for international trade. The increasing use of e-commerce is effecting the trade through the sea borne routes in the recent years. So, as the usage of cargo ships has increased the usage of marine cargo has an upsurge boosting the growth of the market.

Geography - Segment Analysis
Global Cargo Handling Market is dominated by APAC region with a market share 36.4% in 2019. The rising technological advancements and growth in import and exports along with growth in e-commerce have driven the cargo handling opportunities in APAC. The rise in globalization has resulted in the growth of import and exports of goods and materials between different countries in APAC. This growth in globalization has resulted in trade businesses between different countries and import and exports thereby increasing the cargo handling equipment opportunities.

Drivers – Cargo Handling Equipment Market
  • Rising demand for marine business
The rise in business through seaborne routes is one of the major factor driving the growth of the market. Owing to the efficient delivery of delicate manufacturing materials and other materials along with lower cost have led to the development of advanced cargo handling equipment thereby driving the market growth. The seaborne routes are chosen for import and export purposes by many countries at a global level as the cargo ships can carry huge materials through just at one single voyage saving the cost of transportation. Furthermore, the small companies are extensively using cargo shipping for trade purposes as they generally opt for tramp shipping as they do not have enough fleet to run linear voyages and also to save the transportation costs that require several transportations. These factors are driving the growth of the market.
  • Rise in transportation due to rise in technological advancement:
The growth of technological advancements has driven the rise in transportation, import and export businesses globally owing to the introduction of efficient cargo handling equipment. The transportation of goods and services through air, land and marine routes are possible due to the growth of technological advancements. The development of cargo handling equipment are possible that are more ecofriendly as they consume less power and result in less emissions by propulsion mode are used owing to the technological advancements. These factors are boosting the growth of the market.

Challenges – Cargo Handling Equipment's Market
  • Cost Related Challenge:
Although there are many advantages of cargo handling equipment, owing to the price related problems many organizations are unable to use the costly cargo handling equipments. The conveyors and other equipments of cargo handling are costly owing to which small enterprises dealing with cargo shipping are unable to use these equipments.

Market Landscape
Cargo Handling Equipment Market is dominated by major companies such as KION Group, JBT, TLD, HYSTER, Textron Ground Support Equipment Incorporated, Mitsubishi Motors, Terex Corporation, Hyundai Heavy Industries,  Hangcha, Siemens among others.
Acquisitions/Technology Launches
  • June 8, 2020- PayCargo and IBS Software announced a joint partnership. The partnership allows API based integration and provides enhanced digital payment platform for cargo handling equipment for both the organizations.
  • February 4, 2020- CARB, California Air Resource Board launched a project with zero emission freight equipment in rail yards, air ports, distribution centers and others. An investment of $44M was raised for this project. 
1. Cargo Handling Equipment Market - Overview
        1.1 Definitions and Scope
2. Cargo Handling Equipment Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Cargo Handling Equipment Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Cargo Handling Equipment Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Cargo Handling Equipment Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Cargo Handling Equipment Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Cargo Handling Equipment Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Cargo Handling Equipment Market - By Equipment Type (Market Size -$Million / $Billion)
        8.1 Introduction
        8.2 Aviation Dollies
        8.3 Loader
        8.4 Terminal Tractor
        8.5 Crane
        8.6 Reach Stacker
        8.7 Rubber-Tired Gantry (RTG)
        8.8 Straddle Carrier
        8.9 Forklift Truck
        8.10 Pallet Jack
        8.11 Conveyor System
        8.12 Stacker
        8.13 Automated Guided Vehicle
        8.14 Other Cargo Handling Equipment
9. Cargo Handling Equipment Market - By Propulsion Type (Market Size -$Million / $Billion)
        9.1 Diesel
        9.2 Electric
        9.3 Other Propulsion Type
10. Cargo Handling Equipment - By Application (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 Marine Cargo
            10.3.2 Air Cargo
            10.3.3 Land Cargo
11. Cargo Handling Equipment- By Geography (Market Size -$Million / $Billion)
        11.1 Cargo Handling Equipment Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                 11.2.5.1 U.S
                 11.2.5.2 Canada
                 11.2.5.3 Mexico
                 11.2.5.4 Rest of North America
        11.3 Cargo Handling Equipment- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                 11.4.5.1 Brazil
                 11.4.5.2 Venezuela
                 11.4.5.3 Argentina
                 11.4.5.4 Ecuador
                 11.4.5.5 Peru
                 11.4.5.6 Colombia
                 11.4.5.7 Costa Rica
                 11.4.5.8 Rest of South America
        11.5 Cargo Handling Equipment- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                 11.6.5.1 U.K
                 11.6.5.2 Germany
                 11.6.5.3 Italy
                 11.6.5.4 France
                 11.6.5.5 Netherlands
                 11.6.5.6 Belgium
                 11.6.5.7 Denmark
                 11.6.5.8 Spain
                 11.6.5.9 Rest of Europe
        11.7 Cargo Handling Equipment - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                 11.8.5.1 China
                 11.8.5.2 Australia
                 11.8.5.3 Japan
                 11.8.5.4 South Korea
                 11.8.5.5 India
                 11.8.5.6 Taiwan
                 11.8.5.7 Malaysia
                 11.8.5.8 Hong kong
                 11.8.5.9 Rest of APAC
        11.9 Cargo Handling Equipment - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                 11.10.5.1 Israel
                 11.10.5.2 Saudi Arabia
                 11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                 11.10.6.1 South Africa
                 11.10.6.2 Rest of Middle East & Africa
12. Cargo Handling Equipment Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Cargo Handling Equipment Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Cargo Handling Equipment Market - Key Company List by Country Premium
15. Cargo Handling Equipment Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Additional Company Profile
        15.2 Anhui Heli
        15.3 Emerson Electric
        15.4 Gantrex
        15.5 Hangcha Group Co. Ltd Oist Lifttruck
        15.6 Hoist Lifttruck
        15.7 Hyster
        15.8 Jbt Corporation
        15.9 Kalmar
        15.10 Kion Group
        15.11 Konecranes
        15.12 Liebherr
        15.13 Lonking Machinery
        15.14 Macgregor
        15.15 Mallaghan Engineering
        15.16 Mitsubishi
        15.17 Sany
        15.18 Shanghai Zhenhua Heavy Industry Company Limited
        15.19 Siemens Ag
        15.20 Tec Container
        15.21 Teleflex Lionel-Dupont
        15.22 Terex
        15.23 Toyota Industry
        15.24 Tug Technology
        15.25 Company 24
        15.26 Company 25 & More
*Financials would be provided on a best efforts basis for private companies
16. Cargo Handling Equipment Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Cargo Handling Equipment Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends