Industrial, Manufacturing & Heavy Industry Market News

Cargo handling equipment market worth US$ 28.02 billion by 2025

The global cargo handling equipment market is projected to grow at a CAGR of 3.61%, during the forecast period, to reach USD 28.02 billion by 2025 from USD 21.08 billion in 2017. The base year considered for the study is 2017 and the forecast period is 2018–2025. Equipment with higher fuel efficiency and lower or zero emissions are in demand to meet the stringent emission norms, which would drive the electric cargo handling equipment market during the forecast period.

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Top-down approach has been used to estimate the size of the cargo handling equipment market. The total global cargo handling market is derived and validated through primary sources.

Application-wise market is further segmented at the regional level.

Regional penetration for each application is derived from the macroeconomic factors such as land size, GDP, International trade, and cargo handling capacity. Market size for country is derived from the overall cargo carrying capacity.

Target Audience

  • Cargo handling equipment manufacturers
  • Cargo handling equipment traders and distributors
  • Air cargo associations
  • Air cargo equipment manufacturers
  • Global industrial vehicle and cargo handling associations
  • Government and regulatory authorities
  • Research and consulting associations

The cargo handling equipment market is dominated by a few globally established players such as Kalmar (Finland), Konecranes (Finland), Liebherr (Switzerland), Hyster (US), Sany (China), ZPMC (China), Lonking (China), Anhui Heli (China), CVS Ferrari (Italy), and Hoist Liftruck (US).

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The diesel propelled cargo handling equipment segment is expected to hold the largest market share in 2018 due to the efficient power delivery, low fuel costs, and inadequate/insufficient electric infrastructure at small and medium terminals. Also, the stringent emission regulations for NOx, PM, and CO2 by the US EPA and European Union have prompted equipment manufacturers to offer fuel-efficient equipment with lower emissions.

Competitive Landscape

1 Overview

2 Cargo Handling Equipment: Product Matrix for Key Manufacturers

3 Cargo Handling Equipment: Market Ranking Analysis

4 Competitive Scenario

5 Supply Contracts & AGreements

6 New Product Developments

7 Mergers & Acquisitions

8 Expansions

9 Joint Venture

Forklift trucks are used in all types of cargo handling, such as air cargo, marine cargo, and land cargo. Forklift trucks are available in multiple propulsion types, such as diesel, electric, hybrid, and propane.

Furthermore, forklift trucks are available in a wide range of capacity. All these factors and the ability to transfer cargo at high speed at marine ports, airports, and industrial warehouses boost the demand for forklift trucks in cargo handling market.

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What this report offers 

  • The study provides qualitative and quantitative analyses of the various cargo equipment types in terms of value (USD million) and volume (units).
  • The 10 key companies that have a significant impact on the market have been profiled along with their financial structures, recent developments, and product portfolios.
  • The study provides qualitative and quantitative analyses of various cargo handling equipment types by application such as air, land, and marine cargo.
  • The study provides analyzes the cargo handling equipment market segmented on the basis of propulsion type.
  • The report provides the competitive landscape analysis, which includes the market share analysis of leading players along with the dominant strategies adopted by them to retain their positions.

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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 region. The equipment type, propulsion type, and application markets are further segmented into regions.

While air cargo, land cargo, and marine cargo markets are further segmented by equipment used in each application respectively.

List of Tables

Table 1 Currency Exchange Rates (W.R.T. Per USD)
Table 2 Average Cost of Different Equipment Types
Table 3 Emission Norms Comparative Analysis for Non-Road Vehicles: US Epa vs Eu Emission Standards
Table 4 Cargo Handling Equipment Market, By Application, 2016–2025 (USD Million)
Table 5 Marine Cargo: Cargo Handling Equipment Market, By Region, 2016–2025 (USD Million)
Table 6 Air Cargo: Cargo Handling Equipment Market, By Region, 2016–2025 (USD Million)
Table 7 Land Cargo: Cargo Handling Equipment Market, By Region, 2015–2025 (USD Million)
Table 8 Air Cargo Handling Equipment Market, By Equipment Type, 2016–2025 (USD Million)

List of Figures

Figure 1 Market Segmentation: Cargo Handling Equipment Market
Figure 2 Cargo Handling Equipment Market: Research Design
Figure 3 Research Design Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Cargo Handling Equipment Market: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Cargo Handling Equipment Market: Market Outlook
Figure 8 Cargo Handling Equipment Market, By Region, 2018 vs 2025 (USD Million)

It analyzes the opportunities offered by various segments of the market to stakeholders. It tracks and analyzes the market share of the key industry participants and competitive developments such as, expansions, joint ventures, acquisitions, and other industrial activities carried out by the key players.

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