Mar 7, 2019
According to Stratistics MRC, the Global Port Equipment Market is accounted for $24.27 billion in 2017 and is expected to reach $40.80 billion by 2026 growing at a CAGR of 5.9%.

Gaithersburg, Maryland, United States - March 7, 2019 /MarketersMedia/ —
Factors such as increasing seaborne trade across the globe and growing number of container shipments in Asia Pacific and the Middle East countries are driving the market growth. However, the increase in the price of port equipment and maintenance of it are hampering the growth of the market.
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A port is a maritime commercial facility which may comprise one or more wharves where ships may dock to load and discharge passengers and cargo. Although usually situated on a sea coast or estuary, some ports, such as Hamburg, Manchester and Duluth, are many miles inland, with access from the sea via river or canal.
Amongst application, container handling segment has lucrative market share during the forecast period growing demand for reliable and efficient port equipment across the globe. The trend is highly evident in developed economies, wherein the purchasing power is high. By geography, Asia Pacific region is driven increasing number of port equipment being launched every year and prominent companies developing advanced technologies for port equipment.
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Some of the key players in Port Equipment market include Kalmar, Konecranes, Shanghai Zhenhua Heavy Industries (ZPMC), Lonking Holdings Limited, Prosertek, ABB, CVS Ferrari, Mcnally Bharat Engineering, Sany, Timars Svets & Smide Ab, Baltkran, Anhui Heli, Famur Famak, American Crane & Equipment, and Til Limited.
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Types Covered:
Hybrid
Diesel
Electric
Equipment Types Covered:
Reach Stackers
Forklift Trucks
Tug Boats
Mooring Systems
Shiploaders
Automated Guided Vehicles (AGVS)
Straddle Carriers
Cranes
Terminal Tractors
Container Lift Trucks
Other Equipment Types
Demands Covered:
Maintenance Repair & Overhaul Planning (MRO)
New Demand
Applications Covered:
Ship Handling
Container Handling
Bulk Handling
Other Applications
Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
South America
o Argentina
o Brazil
o Chile
o Rest of South America
Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
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Source URL: https://marketersmedia.com/port-equipment-market-size-share-report-analysis-trends-forecast-to-2026/489772
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Release ID: 489772
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