Market Overview:
The global port terminal handling equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for port terminal handling equipment from various end-use industries, such as servers, storage applications, and others. Asia Pacific is expected to be the fastest-growing region in the global port terminal handling equipment market during the forecast period.
Product Definition:
Port Terminal Handling Equipment is used to move and handle cargo at port terminals. This equipment includes cranes, forklifts, and tractors. The importance of this equipment is that it helps speed up the process of loading and unloading cargo at ports.
16 Channel:
16-channel is a term used for the collection of data from multiple sources and its transmission to multiple destinations using different communication protocols. It can be defined as an arrangement of independent processes or channels that operate in parallel with no dependency on each other. The 16-channel model has been developed mainly to meet the growing demand for more than 8 output parameters from port terminal handling equipment manufacturers, which are handled by single parameter controllers (SPC).
Other:
Other includes items such as containers, cranes, breakers, and other miscellaneous equipment. Other equipment is used in port terminal handling to perform functions such as container sorting/classification and loading/unloading. The growth of the port industry has been driving the demand for other terminal handling (OTT) equipment market globally.
Application Insights:
The servers application segment dominated the global port terminal handling equipment market in 2017. The segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to the growing demand for web-based applications and e-commerce transactions over conventional methods of payment such as cash on delivery (COD) and cheque, which reduces the need for manual processing at ports.
The storage applications segment accounted for a significant share in 2017 due to increasing demand from shippers and receivers involved in international trade activities. The growth can be attributed to factors such as rising investments by companies operating across various industries including pharmaceuticals, food & beverages, consumer goods among others that require secure storage facilities at seaports with high availability during peak hours of cargo movement along with steady rental payments made by tenants are responsible for driving industry growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing port activities in China, India, and other countries of Southeast Asia. In addition, rising investments in new projects are likely to boost demand for port terminal handling equipment in this region. For instance, Singapore’s Changi Airport has planned expansion of its existing Terminal 2 that will involve the construction of a new concourse and tunnel under its main runway by 2023 with an investment worth USD X billion.
North America accounted for more than 25% share of global revenue in 2017 owing to early adoption by users as well as manufacturers pertainingport infrastructure development along with growing trade between U.S.
Growth Factors:
- Increasing demand for seaborne trade: The global seaborne trade has been increasing at a CAGR of around 4% in the past few years and is expected to grow further in the coming years, owing to the growth of international trade and globalization. This will result in an increase in demand for port terminal handling equipment, as ports need to handle increased cargo volumes.
- Development of new mega-ports: A number of countries are developing new mega-ports, which are equipped with advanced port terminal handling equipment, in order to meet the growing demand for seaborne trade. For instance, China is developing a number of new mega-ports, such as Xiamen Port and Shanghai Port Phase III, while India is developing the Jawaharlal Nehru Port Modernization Project. This will lead to an increase in demand for port terminal handling equipment worldwide.
- Expansion of existing ports: Many existing ports are expanding their operations by adding new berths and terminals equipped with advanced port terminal handling equipment. For example, Jebel Ali Port (UAE) is expanding its container capacity by 50%, while Rotterdam Seaport (Netherlands) plans to expand its capacity by 25%. This will lead to an increase in demand for port terminal handling equipment globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Port Terminal Handling Equipment Market Research Report
By Type
16 Channel, Other
By Application
Servers, Storage Applications, Others
By Companies
Texas Instrument, NXP Semiconductors, Renesas Electronics, Parade Technologies, Analogix, Microchip Technology, Astera Labs
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Port Terminal Handling Equipment Market Report Segments:
The global Port Terminal Handling Equipment market is segmented on the basis of:
Types
16 Channel, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Servers, Storage Applications, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Texas Instrument
- NXP Semiconductors
- Renesas Electronics
- Parade Technologies
- Analogix
- Microchip Technology
- Astera Labs
Highlights of The Port Terminal Handling Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 16 Channel
- Other
- By Application:
- Servers
- Storage Applications
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Port Terminal Handling Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Port terminal handling equipment is used to handle cargo and passengers at a port. This equipment includes things like conveyors, scales, and cranes.
Some of the key players operating in the port terminal handling equipment market are Texas Instrument, NXP Semiconductors, Renesas Electronics, Parade Technologies, Analogix, Microchip Technology, Astera Labs.
The port terminal handling equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Port Terminal Handling Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Port Terminal Handling Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Port Terminal Handling Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Port Terminal Handling Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Port Terminal Handling Equipment Market Size & Forecast, 2020-2028
4.5.1 Port Terminal Handling Equipment Market Size and Y-o-Y Growth
4.5.2 Port Terminal Handling Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 16 Channel
5.2.2 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Servers
6.2.2 Storage Applications
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Port Terminal Handling Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Port Terminal Handling Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 16 Channel
9.6.2 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Servers
9.10.2 Storage Applications
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 16 Channel
10.6.2 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Servers
10.10.2 Storage Applications
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 16 Channel
11.6.2 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Servers
11.10.2 Storage Applications
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 16 Channel
12.6.2 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Servers
12.10.2 Storage Applications
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 16 Channel
13.6.2 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Servers
13.10.2 Storage Applications
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Port Terminal Handling Equipment Market: Competitive Dashboard
14.2 Global Port Terminal Handling Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Texas Instrument
14.3.2 NXP Semiconductors
14.3.3 Renesas Electronics
14.3.4 Parade Technologies
14.3.5 Analogix
14.3.6 Microchip Technology
14.3.7 Astera Labs
