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Report Code : AM1006
Global Cargo Handling Equipments Market Expected To Reach USD 89.4 billion in 2016-2024 Sample Request
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Vision Value Visibility Global Cargo Handling Equipments Market Expected To Reach USD 89.4 billion in 2016-2024 Global Cargo Handling Equiupment Market Outlook The global cargo handling equipment market is growing exponentially on the back of increasing container traffic on airports and marine ports. Cargo handling involves managing the storage and logistics of goods & products to manufacturing facilities, distribution centers and warehouses. More than 90% of general cargo trades today are containerized. Most of the containerized cargo is handled by the cranes, forklifts or by the deck cranes and other ship's own cargo gears. Stringent fuel emission norms and initiative by the different governments to replace diesel combustion engines with hybrid and electric equipments, expected to impel the demand for electric cargo handling equipments. Also, increasing awareness among service providers and cargo equipment operators towards electrification cargo operations, also expected to strengthen the market growth. The considerable growth projection of the airport cargo handling equipment market can be attributed to the increasing air passenger and cargo traffic. In 2016, more than 195,000 (Million Tons-Km) of cargo is transported through aircrafts which is projected to cross 300,000 (Million tonskm) by 2024. Both airline operators and airport authorities are focusing on implementation of advanced cargo handling equipments to meet the rising air cargo traffic and to ensure greater profitability and efficiency. Increasing cargo traffic at marine and airports indicates immense potential growth opportunities for cargo handling equipment market. Increased affinity can be seen in end-use industries to procure cargo handling equipments on lease or rent. Thus, rental based cargo handling equipments would push the end-users to use advanced material handling equipments.
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Global Cargo Handling Equipments Market Expected To Reach USD 89.4 billion in 2016-2024 Market Segmentation By Product Type o
Bulldozers
o
Cranes
o
Electric Pallet Jacks
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Excavators
o
Forklifts
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Loaders
o
Man Lifts
o
Rail Pushers
o
Reach Stackers
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RTG Cranes
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Side Picks
o
Tractors
o
Truck
o
Others (Top Handlers etc.)
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By Location
o
Marine Ports
o
Airports
o
Rail Yards
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Global Cargo Handling Equipments Market Expected To Reach USD 89.4 billion in 2016-2024
Based on Geography North America (US, Canada) {Market Share (%), Market Size (USD Billion), Product Split (%)} Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market
Share (%), Market Size (USD Billion), Product Split (%)} Middle East and Africa GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Product Split (%)} Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Product Split (%)} Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Product Split (%)} Rest of the World {Market Share (%), Market Size (USD Billion), Product Split (%)}
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Global Cargo Handling Equipments Market Expected To Reach USD 89.4 billion in 2016-2024 Market Size and Forecast (2016-2024) The global cargo handling equipment market accounted for USD 62.5 billion in 2015 owing to increased trading across the globe and rising ecommerce business. Global cargo handling equipment market is projected to expand at a compound annual growth rate of 4.4% over the forecast period i.e. 2016-2024 and expected to reach USD 89.4 billion by the end of 2024. Cargo handling trucks and tractors are the most widely used cargo handling equipments globally, accounted for more than 54% of total equipments sale, in 2015. The automated guided vehicles and small automated retrieval equipments are expected to garner fastest growth by 2020, as major air and marine ports across the globe use more sophisticated logistic techniques to increase their efficiency and productivity. Asia-pacific region dominated the global cargo handling equipment market with more than 36% market share in 2016. Asia-pacific region continue to maintain its position with 4.2% annual growth in cargo traffic at major ports in Asia. On the other hand, Australia maintained growth rate of 9.1%, although its growth rate slowed down after 2014. Also, the number of airplanes fleet in Asia-Pacific is expected to increase by 35% over the forecast period. Likewise, North-America region contributed more than 28% share in global cargo handling equipment market closely followed by Europe with more than 24% market share in 2016. Major European ports achieved y-o-y growth rate of 3.7% in cargo traffic at marine ports, which expected to impel the growth of cargo handling equipment market in Europe. XX
Cargo Handling Equipment Market Share (%), by Region2016
Global Cargo Handling Equipment Market Size (USD Billion), XX 2016-2024
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Asia-Pacific
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XX
XX
xx
xx Europe
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xx
XX XX
XX
North-America
xx
XX
XX
Latin America
XX XX
XX
XX
XX
MEA
XX
xx
XX 2016e
2017e
2018f
2019f
2020f
2021f
2022f
2023f
2024f
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Global Cargo Handling Equipments Market Expected To Reach USD 89.4 billion in 2016-2024 Global Cargo Handling Equipment Market Outlook 2024 contains detailed overview of the global cargo handling equipment market in terms of market segmentation by product, by application. Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes provides competitive outlook of some of the major players of the global cargo handling equipment market which includes profiling of companies such as ABB Group, Liebherr Group, Kalmar Global, Toyota Industries Corporation, Hyundai Heavy Industries, Seehafen Wismar GmbH, Terex Corporation, JBT Corporation etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents comprehensive synopsis on the global cargo handling equipment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Global Cargo Handling Equipments Market Expected To Reach USD 89.4 billion in 2016-2024 Scope Background Market Synopsis Market Segmentation The global cargo handling equipment market segmentation as follows: •By Product Type (Market Size, Demand Analysis and Growth Analysis) •By Location Type (Market Size, Demand Analysis and Growth Analysis) By Country North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis} Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis} Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis} Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis} Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis} Rest of World {Market Size, Growth Analysis and Opportunity Analysis}
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Global Cargo Handling Equipments Market Expected To Reach USD 89.4 billion in 2016-2024 Market Dynamics: Growth Drivers, Restraints and Opportunities oRisk Factors oRegional Variations oRecent Trends and Developments
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Key Market Players oSynopsis oBusiness Strategy oProduct Portfolio oSWOT Analysis
Porter’s Five Force Model Market Landscape: Competition and Beyond Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem Expert Analysis Concluding Remarks Request for TOC@ https://www.goldsteinresearch.com/toc-request/global-cargo-handlingequipment-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-20162024 Published By: Goldstein Research Copyright
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Global Cargo Handling Equipments Market Expected To Reach USD 89.4 billion in 2016-2024 About Goldstein Research Based in U.S., Goldstein Research is a young business consulting and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Published By: Goldstein Research Copyright
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Global Cargo Handling Equipments Market Expected To Reach USD 89.4 billion in 2016-2024
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Global Cargo Handling Equipments Market Expected To Reach USD 89.4 billion in 2016-2024
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