Global Cargo Handling Equipment Market Overview
According to SPER Market Research, the Global Cargo Handling Equipment Market is estimated to reach USD 33.19 billion by 2032 with a CAGR of 3.27%.
The Automobile having sufficient is a sort of machinery that is used for loading and discharging activities. The numerous benefits supplied by the equipment include an increase in equipment and facilities velocity, a decrease in time, and others. Freight forwarding equipment, also known as freight heavy equipment, transports cargo from one location to the another. This device provides adaptability, increased handling velocity, reduced time and expense, security, and protection. This gadget can run on diesel, electricity, or a mix of the two. Formerly, cargo transportation was restricted to ships. Subsequently, it expanded to include trucks, rail, and other logistical types of transportation. Stackers, pallet jacks, aircraft dollies, conveyor systems, loaders, automated guided vehicles, cranes, forklift trucks, rubber-tired gantry cranes, reach stackers, straddle carriers, and terminal tractors are examples of their numerous forms. Cargo handling equipment is used in container ships to deliver products and services. The application of this equipment in end-use industries has rapidly increased the need for cargo handling equipment. For managing the equipment, a few vehicles include cargo cranes, yard tractors, container handlers, and forklifts.
Impact of COVID-19 on the Global Cargo Handling Equipment Market
The COVID-19 infestation has had a significant impact on a variety of businesses. Due to the ongoing lockdowns, most multinational firms, including automobiles, food and beverages, electrical as well as electronic devices, transportation, and many others, will be closed in the first two quarters of Previous year. To combat the spread of the coronavirus, most governments enacted harsh laws such as lockdowns, the closure of public areas such as restaurants, theatres, schools and universities, transit prohibitions, and other measures. The COVID-19 epidemic has also had an influence on the market. Manufacturing sectors suspend output as a result of supply chain interruptions, a lack of workers, and raw supplies. The market for Cargo Handling Equipment Industry has grown significantly since the advent of the online method.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2032 |
Base year considered | 2021 |
Forecast period | 2022-2032 |
Segments covered | By Product, By Equipment Type, By Propulsion, Cargo Type, By Application, By End User
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Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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Companies Covered | 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)
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Global Cargo Handling Equipment Market Segmentation:
1. By Product:
- Trucks
- Man Lifts
- Rail pushers
- Electric Pallet Jacks
- Excavators
- Tractors
- Bulldozers
- Side Picks
2. By Equipment Type:
- Aviation Dollies
- Stacker
- Pallet jacks
- Loaders
- Conveyors System
- Automated Guided Vehicle
3. By Propulsion:
4. By Cargo Type:
- Container Cargo
- Dry Bulk Cargo
- Liquid Bulk Cargo
- Break Bulk Cargo
- Ro-Ro Cargo
5. By Application:
- Air Cargo
- Marine Cargo
- Land Cargo
6. By End-User:
- Automotive
- Consumer & Retail
- Energy Resources
- Manufacturing
- Transportation
- Others
7. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Global Cargo Handling Equipment Market Size (FY’2019-FY’2032)
- Overview of Global Cargo Handling Equipment Market
- Segmentation of Global Cargo Handling Equipment Market By Product (Trucks, Man Lifts, Rail Pushers, Electric Pallet Jacks, Excavators, Tractors, Bulldozers, Side Picks)
- Segmentation of Global Cargo Handling Equipment Market By Equipment Type (Aviation Dollies, Stacker, Pallet Jacks, Loader, Conveyors System, Automated Guided Vehicle, Forklift trucks, Cranes, Rubber Tired Gantry Cranes, Reach Stackers, Terminal Tractors)
- Segmentation of Global Cargo Handling Equipment Market By Cargo Type (Container Cargo, Dry Bulk Cargo, Liquid Bulk Cargo, Break Bulk Cargo, Ro-Ro Cargo)
- Segmentation of Global Cargo Handling Equipment Market By Application (Air Cargo, Marine Cargo, Land Cargo)
- Segmentation of Global Cargo Handling Equipment Market By End User (Automotive, Consumer & Retail, Energy Resources, Manufacturing, Transportation, Others)
- Growth Analysis of Global Cargo Handling Equipment Market
- Problems and Challenges in Global Cargo Handling Equipment Market
- Competitive Landscape in the Global Cargo Handling Equipment Market
- Details on Recent Investment in Global Cargo Handling Equipment Market
- Competitive Analysis of Global Cargo Handling Equipment Market
- Global Cargo Handling Equipment Market Key Players
- Global Cargo Handling Equipment Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Cargo Handling Equipment Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Cargo Handling Equipment Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Cargo Handling Equipment Market
7. Global Cargo Handling Equipment Market, By Product, 2019-2032 (USD Million)
7.1 Trucks
7.2 Man Lifts
7.3 Rail pushers
7.4 Electric Pallet Jacks
7.5 Excavators
7.6 Tractors
7.7 Bulldozers
7.8 Side Picks
8. Global Cargo Handling Equipment Market, By Equipment Type, 2019-2032 (USD Million)
8.1 Aviation Dollies
8.2 Stacker
8.3 Pallet jacks
8.4 Loaders
8.5 Conveyors System
8.6 Automated Guided Vehicle
8.7 Forklift trucks
8.8 Cranes
8.9 Rubber Tired Gantry Cranes
8.10 Reach Stackers
8.11 Terminal Tractors
9. Global Cargo Handling Equipment Market, By Propulsion, 2019-2032 (USD Million)
9.1 Diesel
9.2 Electric
9.3 Others
10. Global Cargo Handling Equipment Market, By Cargo Type, 2019-2032 (USD Million)
10.1 Container Cargo
10.2 Dry Bulk Cargo
10.3 Liquid Bulk Cargo
10.4 Break Bulk Cargo
10.5 Ro-Ro Cargo
11. Global Cargo Handling Equipment Market, By Application, 2019-2032 (USD Million)
11.1 Air Cargo
11.2 Marine Cargo
11.3 Land Cargo
12. Global Cargo Handling Equipment Market, By End-User, 2019-2032 (USD Million)
12.1 Automotive
12.2 Consumer & Retail
12.3 Energy Resources
12.4 Manufacturing
12.5 Transportation
12.6 Others
13.Global Cargo Handling Equipment Market, By Region, 2019-2032 (USD Million)
13.1 Global Cargo Handling Equipment Market and Market Share by Region (2019-2025)
13.2 Global Cargo Handling Equipment Market and Market Share by Region (2026-2032)
13.3 Asia-Pacific
13.3.1 Australia
13.3.2 China
13.3.3 India
13.3.4 Japan
13.3.5 South Korea
13.3.6 Rest of Asia-Pacific
13.4 Europe
13.4.1 France
13.4.2 Germany
13.4.3 Italy
13.4.4 Spain
13.4.5 United Kingdom
13.4.6 Rest of Europe
13.5 Middle East and Africa
13.5.1 Kingdom of Saudi Arabia
13.5.2 United Arab Emirates
13.5.3 Rest of Middle East & Africa
13.6 North America
13.6.1 Canada
13.6.2 Mexico
13.6.3 United States
13.7 Latin America
13.7.1 Argentina
13.7.2 Brazil
13.7.3 Rest of Latin America
14.Company Profiles
14.1 ABB
14.1.1 Company details
14.1.2 Financial outlook
14.1.3 Product summary
14.1.4 Recent developments
14.2 Anhui Heli
14.2.1 Company details
14.2.2 Financial outlook
14.2.3 Product summary
14.2.4 Recent developments
14.3 Cargotec Corporation
14.3.1 Company details
14.3.2 Financial outlook
14.3.3 Product summary
14.3.4 Recent developments
14.4 Gantrex
14.4.1 Company details
14.4.2 Financial outlook
14.4.3 Product summary
14.4.4 Recent developments
14.5 Hangcha Forklift
14.5.1 Company details
14.5.2 Financial outlook
14.5.3 Product summary
14.5.4 Recent developments
14.6 Hoist Material Handling Inc
14.6.1 Company details
14.6.2 Financial outlook
14.6.3 Product summary
14.6.4 Recent developments
14.7 Hyster Yale Group Inc
14.7.1 Company details
14.7.2 Financial outlook
14.7.3 Product summary
14.7.4 Recent developments
14.8 KION Group AG
14.8.1 Company details
14.8.2 Financial outlook
14.8.3 Product summary
14.8.4 Recent developments
14.9 Konecranes
14.9.1 Company details
14.9.2 Financial outlook
14.9.3 Product summary
14.9.4 Recent developments
14.10 Libherr-International Deytschland GmbH
14.10.1 Company details
14.10.2 Financial outlook
14.10.3 Product summary
14.10.4 Recent development
14.11 Siemens Logistics GmbH
14.11.1 Company details
14.11.2 Financial outlook
14.11.3 Product summary
14.11.4 Recent developments
14.12 Terex Corporation
14.12.1 Company details
14.12.2 Financial outlook
14.12.3 Product summary
14.12.4 Recent developments
14.13 Textron Ground Support Equipment Inc
14.13.1 Company details
14.13.2 Financial outlook
14.13.3 Product summary
14.13.4 Recent developments
14.14 TLD
14.14.1 Company details
14.14.2 Financial outlook
14.14.3 Product summary
14.14.4 Recent developments
14.15 Toyota Indusries Corporation
14.15.1 Company details
14.15.2 Financial outlook
14.15.3 Product summary
14.15.4 Recent developments
14.16 Wartsila
14.16.1 Company details
14.16.2 Financial outlook
14.16.3 Product summary
14.16.4 Recent developments
15.List of Abbreviations
16.Reference Links
17.Conclusion
18.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.