Global Container Handling Equipment Market to Grow at a CAGR of 4.0% from 2017 to 2025 According to Latest Research
This report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market
(EMAILWIRE.COM, August 24, 2018 ) The Global Container Handling Equipment Market is Valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of 4.0% during 2018-2025.
The diesel based equipment segment is expected to hold the largest market share in 2017 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. Hence, equipment manufacturers are focusing on the development and sale of electric and hybrid equipment.
The automated stacking crane (ASC) market is expected to grow at the fastest rate from 2017 to 2025. The growing demand for automation at port terminals across the globe is one of the key reasons for the growth of this market segment. These cranes are capable of picking up, placing, and stacking containers automatically leading to increased productivity and container throughput. Few port terminals such as Thamesport (UK), PSA (Singapore), and Container Terminal Altenwerder (Germany) have increased their automation levels using these cranes. Thus, the growing demand for greenfield port terminals with high reliability and efficiency would drive the ASC market in the coming years.
Access this report at: https://www.themarketreports.com/report/global-container-handling-equipment-market-professional-survey-report-2018
Companies profiled in this report are Kalmar, Konecranes, Liebherr, Hyster, Sany, Zpmc, Lonking Machinery, Anhui Heli, Cvs Ferrari, Hoist Liftruck and more.
Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into
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The diesel based equipment segment is expected to hold the largest market share in 2017 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. Hence, equipment manufacturers are focusing on the development and sale of electric and hybrid equipment.
The automated stacking crane (ASC) market is expected to grow at the fastest rate from 2017 to 2025. The growing demand for automation at port terminals across the globe is one of the key reasons for the growth of this market segment. These cranes are capable of picking up, placing, and stacking containers automatically leading to increased productivity and container throughput. Few port terminals such as Thamesport (UK), PSA (Singapore), and Container Terminal Altenwerder (Germany) have increased their automation levels using these cranes. Thus, the growing demand for greenfield port terminals with high reliability and efficiency would drive the ASC market in the coming years.
Access this report at: https://www.themarketreports.com/report/global-container-handling-equipment-market-professional-survey-report-2018
Companies profiled in this report are Kalmar, Konecranes, Liebherr, Hyster, Sany, Zpmc, Lonking Machinery, Anhui Heli, Cvs Ferrari, Hoist Liftruck and more.
Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into
•
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Shirish Gupta
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The Market Reports
Shirish Gupta
Tel: +16314071315
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results