Cargo Handling Equipment Market Size, Share, Report, Analysis, Trends & Forecast to 2026

According to Stratistics MRC, the Global Cargo Handling Equipment Market is accounted for $20.27 billion in 2017 and is expected to reach $31.93 billion by 2026 growing at a CAGR of 5.2% during the forecast period.

Gaithersburg, Maryland, United States - January 2, 2019 /MarketersMedia/ —

Increasing cargo transportation around the world and constantly increasing seaborne trade are some of the key driving factors for the market growth. However, the cost of cargo handling equipment is capitally high is restricting the market. Moreover, emerging economies are constantly investing in development of air and marine transportation projects to support their economic developments.

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Cargo handling involves managing the storage and logistics of goods & products manufacturing facilities, distribution centers and warehouses. It is rising exponentially on the back of growing container traffic on airports and marine ports for the transportation of heavy goods, containers, and components. Most of the containerized cargos handled by the cranes, forklifts or by the deck cranes and other ship's own car gears.

By Equipment Type, Forklift trucks are expected to grow at the significant market share during the forecast period. These are used in different types of cargo handling, such as air cargo, marine cargo and land cargo. In addition, forklift trucks are available in a broad range of capacity. The ability to shift cargo at high speed at marine ports, airports and industrial warehouses boost the demand for forklift trucks in cargo handling equipment market.

By Geography, Asia Pacific is expected to hold considerable market share during the forecast period. Highest expansion can be attributed to the rising seaborne trade, growing industrial production and boost in air cargo movement in this region. Additionally, growing trend such as E-commerce is also fuelling the demand for cargo handling equipment market in Asia pacific region.

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Some of the key players in Global Cargo Handling Equipment Market are Hangcha Group Co. Ltd, Siemens AG, Toyota Industries, Terex, Anhui Heli, Tug Technologies, Hyster, JBT Corporation, Teleflex Lionel-Dupont, Kion Group, Hoist Lifttruck, Mitsubishi, Gantrex, Kalmar, Konecranes, Liebherr, Macgregor, Sany and Mallaghan Engineering.

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Locations Covered:
• Airports
• Rail Yards
• Marine Ports

Products Covered:
• Trucks
• Man Lifts
• Rail Pushers
• Electric Pallet Jacks
• Excavators
• Tractors
• Bulldozers
• Side Picks
• Other Products

Propulsion Types Covered:
• Diesel
• Electric
• Other Propulsion Types

Equipment Types Covered:
• Land Cargo
• Marine Cargo
• Air Cargo

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

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