Container handling equipment market

Container Handling Equipment Market worth 8.75 Billion USD by 2025
The report "Container Handling Equipment Market by Type (ASC, STS, MHC, RTG, RMG, EMPTY and Laden
FLT, Straddle Carrier, Reach Stacker, Terminal Tractor), Tonnage (

(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.
The electric propulsion segment is expected to be the fastest-growing market for container handling
equipment from 2017 to 2025.
The electric propulsion market is expected to grow at the fastest rate during the forecast period due to the
increasing stringency in emission regulations. The industrial equipment emission norms have constantly been
upgraded across different regions. According to the EU norms, NOx and PM levels have reduced by nearly
95.7% and 97.2%, respectively, from Stage I to Stage V. Also, as per the US EPA norms, NOx, and PM levels
have declined by 95.6% and 96.2%, respectively, from Tier 1 to Tier 4. Countries such as China, Japan, South
Korea, and India are also following similar norms in line with these standards. Konecranes, Kalmar, and Hyster,
among other companies, have not only extended their electric equipment offerings for RMG, RTG, and
straddle carriers but also initiated R&D efforts for the same. Due to these stringent emission norms and the
need for increased operational efficiency, the electric propulsion type market is expected to grow at the
highest CAGR during the forecast period.
Asia Pacific: The largest container handling equipment market
As per the World Bank, China is the global leader in container handling capacity and accounted for 28.5% of
the total container cargo moved in 2016. The ports in Shanghai (China), Shenzhen (China), Hong Kong, Ningbo-
Zhoushan (China), Singapore, and Keihin (Japan) handle millions of TEU annually, which is driving the growth
of the market in Asia Pacific. According to MarketsandMarkets’ analyses, the container handling capacity in
Asia stood at around 40–42% in terms of value in 2017. This trend is estimated to continue and, to handle the
increasing container traffic, an increase in the demand for container handling equipment as well as
automation at ports is expected in the region in coming years.
Some of the prominent players in the container handling equipment market are 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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Target Audience
Container handling equipment manufacturers
Container handling equipment traders and distributors
Fleet operators
Global industrial vehicle and container handling associations
Government and regulatory authorities
Research and consulting associations

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