Port Equipment Market
Global Port Equipment Market Size, Share & Trends Analysis Report by Product Type (Cranes, Ship Loaders, Mooring Systems, Forklifts, and Others), By Application (Container Handling, Bulk & Ship Handling, and Others), and Forecast 2019-2025
The global port equipment market is predicted to grow at a CAGR of over 4% during the forecast period. Port Equipment includes various cranes such as ship-to-shore cranes, forklifts, horizontal & vertical outreach cranes, gantry cranes, overhead cranes; ship loaders; mooring systems; and others. These enable in enhancing the maritime trade through proficient delivery of safe, secured, and sustainable services to the end-users.
The primary factors that drive the growth of the market include increasing seaborne trades across the globe. With the large number of seaborne trades carried out, there has been an increase in the demand for the development of novel ports, which in turn will enhance the market growth during the forecast period. Other driving factors of the market include increasing trade equipment, easy trade regulations passed by the government, along with the top players aiming at a versatile product portfolio to meet the demand in the industry. However, the higher prices may act as a restraining factor of the market. While the development of novel and advanced port equipment is likely to provide growth opportunities to the market during the forecast period.
Segmental Outlook
The global port equipment market is segmented on the basis of product type and application. Based on the product type, the market is segmented into cranes, ship loaders, mooring systems, forklifts, and others. Based on the application, the market is segmented into container handling, bulk & ship handling, and others.
Container Handling Segment Holds the Significant Share in the Market
Amongst the application segment, the container handling segment holds a significant share in the market. The segmental growth is attributed to the need for the handling of various port operations such as heavy lifting, stacking, loading, and unloading, among many others. Thus, this increases the demand for container handling equipment across the globe especially in the economies where seaborne trades are much higher. Manufacturers are also integrating various auction techniques that improve the performance of the overall system, this, in turn, enhances the growth of the market during the forecast period.
Regional Outlook
The global port equipment market is geographically segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to exhibit a significant growth in the market during the forecast period. This is attributed to the presence of the key players in the region and high R&D spending capability in the region. The players present in the region are also focused on the production of a versatile product portfolio to meet a wide range of demands specifically in the shipping logistics sector. Thus, this caters to the demand of large seaports and inland ports. In addition, the key players are also centered on the improvement of the service life of the port equipment. Furthermore, the Asia-Pacific region is also expected to register significant growth during the forecast period.
Global Port Equipment Market by Region, 2018 (%)
Market Players Outlook
Some of the prominent players operating in the global port equipment market include Liebherr Group, Sany Group, TTS Group ASA, Konecranes Oyj, ABB Group, Cavotec SA, CVS FERRARI S.P.A., Lonking Holdings Ltd., Prosertek Group S.L., and others. These are the key companies adopting several organic and inorganic growth strategies such as product launches & developments, partnerships, agreements, and acquisitions to strengthen their product portfolios and maintain a competitive position in the global port equipment market.
For instance, in January 2020, Konecranes signed contracts with Yilport for the delivery of Automated RTG systems to three of Yilport’s European container terminals, two in Portugal and one in Sweden. Automated RTG operation is coming of age in Europe, driven by Konecranes.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global port equipment market. Based on the availability of data, information related to products & services, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Strategy Analysis
3.2. Key Company Analysis
3.2.1. Kalmar, Cargotec Corp. Company
3.2.1.1. Overview
3.2.1.2. Financial Analysis
3.2.1.3. SWOT Analysis
3.2.1.4. Recent Developments
3.2.2. Liebherr Group
3.2.2.1. Overview
3.2.2.2. Financial Analysis
3.2.2.3. SWOT Analysis
3.2.2.4. Recent Developments
3.2.3. Konecranes Oyj
3.2.3.1. Overview
3.2.3.2. Financial Analysis
3.2.3.3. SWOT Analysis
3.2.3.4. Recent Developments
3.2.4. TTS Group ASA
3.2.4.1. Overview
3.2.4.2. Financial Analysis
3.2.4.3. SWOT Analysis
3.2.4.4. Recent Developments
3.2.5. Sany Group
3.2.5.1. Overview
3.2.5.2. Financial Analysis
3.2.5.3. SWOT Analysis
3.2.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Port Equipment Market by Product Type
5.1.1. Cranes
5.1.2. Ship Loaders
5.1.3. Mooring Systems
5.1.4. Forklifts
5.1.5. Others
5.2. Global Port Equipment Market by Application
5.2.1. Container Handling
5.2.2. Bulk & Ship Handling
5.2.3. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. ABB Ltd.
7.2. American Crane & Equipment Corp.
7.3. Cavotec SA
7.4. CVS FERRARI S.P.A.
7.5. Famur Famak SA
7.6. Hyster-Yale Group, Inc.
7.7. Kalmar, Cargotec Corp. Company
7.8. Konecranes Oyj
7.9. Kooiman Marine Group
7.10. Liebherr International Deutschland GmbH
7.11. Lonking Holdings Ltd.
7.12. Prosertek Group S.L.
7.13. SanMar Corp.
7.14. Sany Group
7.15. Shanghai Zhenhua Heavy Industries Co. Ltd.
7.16. ThyssenKrupp AG
7.17. Til Ltd.
7.18. Timars Svets & Smide AB
7.19. TTS Group ASA
1. GLOBAL PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
2. GLOBAL CRANES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL SHIP LOADERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL MOORING SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL FORKLIFTS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL OTHER PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
8. GLOBAL CONTAINER HANDLING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL BULK & SHIP HANDLING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL OTHER APPLICATIONS OF PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
12. NORTH AMERICAN PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
13. NORTH AMERICAN PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
14. NORTH AMERICAN PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
15. EUROPEAN PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
16. EUROPEAN PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
17. EUROPEAN PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
18. ASIA-PACIFIC PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
19. ASIA-PACIFIC PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
20. ASIA-PACIFIC PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
21. REST OF THE WORLD PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
22. REST OF THE WORLD PORT EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
1. GLOBAL PORT EQUIPMENT MARKET SHARE BY PRODUCT TYPE, 2018 VS 2025 (%)
2. GLOBAL PORT EQUIPMENT MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
3. GLOBAL PORT EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
4. US PORT EQUIPMENT MARKET SIZE, 2018-2025 ($ MILLION)
5. CANADA PORT EQUIPMENT MARKET SIZE, 2018-2025 ($ MILLION)
6. UK PORT EQUIPMENT MARKET SIZE, 2018-2025 ($ MILLION)
7. FRANCE PORT EQUIPMENT MARKET SIZE, 2018-2025 ($ MILLION)
8. GERMANY PORT EQUIPMENT MARKET SIZE, 2018-2025 ($ MILLION)
9. ITALY PORT EQUIPMENT MARKET SIZE, 2018-2025 ($ MILLION)
10. SPAIN PORT EQUIPMENT MARKET SIZE, 2018-2025 ($ MILLION)
11. ROE PORT EQUIPMENT MARKET SIZE, 2018-2025 ($ MILLION)
12. INDIA PORT EQUIPMENT MARKET SIZE, 2018-2025 ($ MILLION)
13. CHINA PORT EQUIPMENT MARKET SIZE, 2018-2025 ($ MILLION)
14. JAPAN PORT EQUIPMENT MARKET SIZE, 2018-2025 ($ MILLION)
15. REST OF ASIA-PACIFIC PORT EQUIPMENT MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF THE WORLD PORT EQUIPMENT MARKET SIZE, 2018-2025 ($ MILLION)
