Port Equipment Market to Reach $48.0 Million by 2035
Port equipment market was valued at $26.0 billion in 2025 and is projected to reach approximately $48.0 billion by 2035, expanding at a CAGR of 6.3% during 2026–2035. This growth is underpinned by expanding global container trade, rising cargo throughput at major ports, and increased investment in terminal modernization and automation technologies. Global container throughput reached record levels, with total container handling across major ports rising, and global container volumes tracked in 2025 totalled 126.75?million?TEUs from January to August, a 4.4?% increase year?on?year, highlighting continued growth in maritime trade demand that drives port equipment deployment.
Browse the full report description of “Port Equipment Market Size, Share & Trends Analysis Report, By Equipment Type (Cargo Handling Equipment, Container Handling Equipment, Bulk Handling Equipment, Port Support Equipment), By Automation Level (Manual, Semi-Automated, Fully Automated), By Power Source (Diesel, Electric, Hybrid), By Port Type (Container Ports, Bulk Ports, Multi-purpose Ports), By Mobility (Fixed Equipment, Mobile Equipment), By End-User (Port Authorities, Terminal Operators, Shipping & Logistics Companies), Forecast Period (2026–2035)” at https://www.omrglobal.com/industry-reports/port-equipment-market
Ports in developing economies of Asia handled the majority of global container traffic in 2023, accounting for 61?% of world port container throughput, underscoring the regional concentration of port activity and equipment demand. Equipment such as ship?to?shore (STS) cranes, rubber?tired gantry (RTG) cranes, automated guided vehicles (AGVs), and mobile harbour cranes remains essential for handling larger cargo volumes efficiently. Increased adoption of automation, electrification, and smart terminal operating systems (TOS) supports operational optimisation, reduced turnaround times, and resource utilization across major global ports.
Infrastructure Investments and Modernization Supporting Port Growth
Government initiatives and infrastructure investments are further driving port modernization, which underpins increased demand for advanced equipment such as ship?to?shore cranes, RTGs, and automation systems. For example, India’s major ports handled 855?million tonnes of cargo in FY?2024?25, a 4.3?% rise over the previous year, driven by higher container throughput and broader cargo categories, highlighting growing infrastructure utilization.?
Policy support for port sector expansion is also visible through strategic programmes and investment targets that aim to increase capacity, improve connectivity, and enhance operational efficiency. These investments align with broader trade?led growth strategies and are expected to accelerate port equipment adoption as part of modernization efforts over the coming years.
Innovation Leaders Transforming the Port Equipment Market
The key players in the port equipment market include Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC), Konecranes Plc, Cargotec Corporation, Liebherr-International AG, and SANY Heavy Industry Co., Ltd. These companies are driving innovation through the development of energy-efficient, hybrid, and fully automated cargo handling equipment, smart terminal operating systems, and advanced digital solutions. Their technological advancements focus on improving operational efficiency, reducing emissions, enhancing safety, and enabling intelligent port management, supporting the modernization and sustainability of global port operations.
- In September 2025, the Alabama Port Authority ordered two Konecranes rubber?tired gantry (RTG) cranes for its Montgomery Intermodal Container Transfer Facility. The RTGs feature smart functions such as Auto-steering, Auto-positioning, Auto-TOS reporting, and stack collision prevention, enhancing operational efficiency, safety, and automation readiness, supporting sustainable and intelligent container handling in the port equipment market.
- In May 2024, Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) launched new-generation, low-carbon port equipment, including the Model S automatic gantry crane, ZPMC-TOS terminal system, and a 25-meter telescopic wave-compensated trestle. These innovations improve energy efficiency, reduce lifecycle costs, and enable real-time resource management, supporting sustainable and intelligent operations in the port equipment market.
Market Coverage
- The market number available for – 2025-2035
- Base year- 2025
- Forecast period- 2026-2035
- Segment Covered-
- By Equipment Type
- By Automation Level
- By Power Source
- By Port Type
- By Mobility
- By End-User
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape - Shanghai Zhenhua Heavy Industries Co., Ltd., Konecranes Plc, Cargotec Corporation, Liebherr?International AG, and SANY Heavy Industry Co., Ltd., among others.
Key questions addressed by the report.
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Port Equipment Market Report Segment
By Equipment Type
- Cargo Handling Equipment
- Ship-to-Shore (STS) Cranes
- Rubber-Tyred Gantry (RTG) Cranes
- Rail-Mounted Gantry (RMG) Cranes
- Mobile Harbor Cranes
- Reach Stackers
- Forklifts
- Container Handling Equipment
- Straddle Carriers
- Terminal Tractors
- Automated Guided Vehicles (AGVs)
- Bulk Handling Equipment
- Conveyor Systems
- Stackers & Reclaimers
- Ship Loaders & Unloaders
- Port Support Equipment
- Tug Boats
- Mooring Systems
- Pilot Boats
By Automation Level
- Manual
- Semi-Automated
- Fully Automated
By Power Source
- Diesel
- Electric
- Hybrid
By Port Type
- Container Ports
- Bulk Ports
- Multi-purpose Ports
By Mobility
- Fixed Equipment
- Mobile Equipment
By End-User
- Port Authorities
- Terminal Operators
- Shipping & Logistics Companies
Global Port Equipment Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia and New Zealand
- ASEAN Economies
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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