08.03.2018 20:15:00
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Container Handling Equipment Market - Global Forecast to 2025
DUBLIN, March 8, 2018 /PRNewswire/ --
The "Container Handling Equipment Market by Type, Tonnage, Propulsion, Engine Capacity, Power Output - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The container handling equipment market is projected to reach USD 8.75 Billion by 2025, from an estimated USD 6.28 Billion in 2017, at a CAGR of 4.24%, during the forecast period.
The shifting focus to port terminal automation, rising demand for electric and hybrid equipment for lower emissions and fuel consumption, and increased demand in Asia Pacific are expected to drive the market for container handling equipment during the forecast period.
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.
The 201-300 kW segment is expected the be the largest container handling equipment market, by power output. Most container handling equipment, including laden forklift trucks, RTG, reach stackers, terminal tractors, and straddle carriers, are offered in the range of 201-300 kW. The reason for the growth of this segment is the adequate power output delivered by the equipment in this range which helps achieve optimum performance.
Around 60-65% of the reach stackers and straddle carriers offered by manufacturers such as Kalmar, Konecranes, and CVS Ferrari are in the range of 201-300 kW. Due to the high demand for equipment in this range, engine manufacturers such as Volvo and Cummins are also providing wide options to manufacturers. Thus, the growing demand for container handling equipment due to increased container traffic would drive the market for the 201-300 kW power output segment.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Container Handling Equipment Market, By Equipment Type
7 Container Handling Equipment Market, By Tonnage Capacity
8 Container Handling Equipment Market, By Propulsion Type
9 Container Handling Equipment Market, By Engine Capacity
10 Container Handling Equipment Market, By Power Output
11 Container Handling Equipment Market, By Region
12 Competitive Landscape
13 Company Profiles
- Anhui Heli
- CVS Ferrari
- Hoist Liftruck
- Hyster
- Kalmar
- Konecranes
- Liebherr
- Lonking Machinery
- Sany
- ZPMC
For more information about this report visit https://www.researchandmarkets.com/research/rdzggv/container?w=5
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SOURCE Research and Markets
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