Cargo Handling Equipment Market worth 28.02 billion USD by 2025

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Cargo Handling Equipment Market worth 28.02
billion USD by 2025
www.MarketsandMarkets.com
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Cargo Handling Equipment Market by Application
(Air, Land, Marine), Equipment (Conveyors,
Forklift Truck, Aviation Dolly, Pallet Jack, AGV,
Crane, RTG, Loader, Stacker, Straddle Carrier,
Terminal Tractor), Propulsion, and Region -
Global Forecast to 2025 The report "Cargo
Handling Equipment Market by Application (Air,
Land, Marine), Equipment (Conveyors, Forklift
Truck, Aviation Dolly, Pallet Jack, AGV, Crane,
RTG, Loader, Stacker, Straddle Carrier, Terminal
Tractor), Propulsion, and Region - Global
Forecast to 2025", The market for cargo handling
equipment is projected to grow at a CAGR of
3.61, during the forecast period, to reach a
market size of USD 28.02 billion by 2025 from an
estimated USD 21.85 billion in 2018. Download
PDF Brochure https//www.marketsandmarkets.com/
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The diesel propulsion segment is estimated to
hold the largest share of the cargo handling
equipment market during the forecast period. The
diesel propulsion segment is projected to hold
the largest market share from 2018 to 2025. Most
of the cargo handling equipment, such as straddle
carriers, reach stackers, forklift trucks, RTG
cranes, and terminal tractors, run on diesel
engines. According to MarketsandMarkets analysis,
the diesel engine segment is estimated to hold
the largest share of the cargo handling equipment
market in 2018. High power and low cost make
diesel propelled equipment the first choice for
equipment manufacturers. Request for
Customization https//www.marketsandmarkets.com/
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The RTG is expected to be the fastest growing
cargo handling equipment from 2018 to 2025. RTG
is a mobile equipment used in intermodal
operations to ground or stack containers at sea
ports. RTGs are installed with diesel, electric,
or hybrid engines. Last few years have seen a
significant increase in seaborne trade across
different industry verticals, including
automotive, chemicals, agriculture, textiles, and
pharmaceuticals. Increased seaborne trade has, in
turn, increased the demand for cargo handlers for
quick loading and transportation of cargo at the
port terminals. UNCTAD has estimated that cargo
volumes would grow at a CAGR of 3.2 between 2017
and 2022. Request Sample _at_ https//www.marketsan
dmarkets.com/requestsample.asp?id90309268
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• Target Audience
• Cargo handling equipment manufacturers
• Cargo handling equipment traders and distributors
• Air cargo associations
• Air cargo equipment manufacturers
• Global industrial vehicle and cargo handling
  associations
• Government and regulatory authorities
• Research and consulting associations
• Speak to analyst _at_ https//www.marketsandmarkets.c
  om/speaktoanalyst.asp?id90309268

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Key players Some of the key cargo handling
equipment manufacturers and suppliers include
Kalmar (Finland), Konecranes (Finland), Liebherr
(Switzerland), JBT corporation (US), Mitsubishi
(Japan), Toyota Industries (Japan), Hyster (US),
Sany (China), Kion Group (Germany), Anhui Heli
(China), Terex corporation (US), and Macgregor
(Finland). Major players such as Kalmar and
Konecranes are adopting strategies such as new
product development to gain traction in the
market.
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