Market Overview:
The global port machinery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for port machinery from various end-use industries, such as container handling, stacking, cargo handling, bulk handling and scrap handling. Additionally, the growing maritime trade is also fueling the demand for port machinery across the globe. Based on type, reach stacker held a dominant position in 2017 and is expected to maintain its dominance during the forecast period as well. Forklift truck was another key type of equipment used in ports and accounted for a significant share of the market in 2017. Other types of equipment used in ports include empty container handler, material handler and port crane among others. Container handling dominated the application segment of global port machinery market in 2017.
Product Definition:
Port Machinery refers to the equipment and systems used in ports to handle cargo and passengers. These include cranes, forklifts, trucks, and other vehicles used to move containers or other cargo around the port. Port machinery is important because it allows ports to efficiently handle large volumes of cargo and passengers.
Reach Stacker:
Reach stackers are used to increase the reach of material handling equipment in warehouses and ports. They are also known as reach truckers, they have a large wheel at the rear end of the machine which helps in moving materials from one place to another with ease. The main function of these machines is to move containers or other loading units from one place to another with ease.
These machines come along with various benefits such as they help load.
Forklift Truck:
Forklift trucks are used to lift and transport materials from one place to another within a warehouse. They have the ability to lift up to 25,000 pounds off the ground and can be used for loading or unloading various types of materials including liquid, solid, and containerized products. The forklift truck is an ideal choice for warehouses that require heavy-duty lifting capabilities in a compact footprint.
Application Insights:
The container handling segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in demand from Asia Pacific region, which is one of the leading economies when it comes to manufacturing containers. Moreover, with growing trade between China and U.S., there has been an upsurge in demand for equipment used for handling containers at seaports across both countries.
The Stacking segment was valued over USD 20 billion in 2017 owing to its rising requirement across various industries such as construction, automotive & transportation, retail & consumer goods among others that require material Handling Inventories (MI) on a daily basis or frequently throughout their production runs or stocktaking processes respectively resulting into high product adoption globally over recent years coupled with rapid industrialization along with urbanization trends prevalent across developing regions worldwide including APAC are expected to boost industry expansion through future estimates as well.
Regional Analysis:
Asia Pacific region dominated the global port machinery market in terms of revenue with a share of over 40.0% in 2017. The growth can be attributed to the increasing trade activities across various industries within Asia Pacific countries such as China, India, Japan and South Korea. The growing industrialization coupled with an increase in foreign investments is expected to drive regional growth over the forecast period.
The European region accounted for a significant share owing to high demand from end-use industries such as automotive and construction that are based across Western Europe countries including Germany, France, Italy and U K., which resulted into high sales volume for port machinery globally during 2017.
Growth Factors:
- Increasing demand for port machinery from developing countries owing to the growth of their economies and rise in trade activities.
- Proliferation of containerization which has led to an increase in the number of ports, thereby driving the demand for port machinery.
- Growing investments in seaports and maritime infrastructure by governments worldwide to support trade growth is expected to boost the market for port machinery over the forecast period.
- Development of smart ports with advanced equipment and systems is projected to provide opportunities for market expansion during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Port Machinery Market Research Report
By Type
Reach Stacker, Forklift Truck, Empty Container Handler, Material Handler, Port Crane, Others
By Application
Container handling, Stacking, Cargo handling, Bulk handling, Scrap handling, Others
By Companies
SANY, Shanghai Zhenhua Heavy Industries Co.,Ltd., Shanghai YO-PI Port Machinery CO.,LTD, Konecranes, Jiangsu Yuanwang Hoisting Machinery Manufacture, Guangdong Yongtong machinery Limited, Jiangsu Guosheng Port Lifting equipment manufacturing, Yufei Heavy Industries Group, Liebherr, SENNEBOGEN, BKRS, Terex, Jiangsu Guosheng Port Lifting equipment manufacturing, GENMA, GOLDEN
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Port Machinery Market Report Segments:
The global Port Machinery market is segmented on the basis of:
Types
Reach Stacker, Forklift Truck, Empty Container Handler, Material Handler, Port Crane, Others
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
Container handling, Stacking, Cargo handling, Bulk handling, Scrap handling, 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:
- SANY
- Shanghai Zhenhua Heavy Industries Co.,Ltd.
- Shanghai YO-PI Port Machinery CO.,LTD
- Konecranes
- Jiangsu Yuanwang Hoisting Machinery Manufacture
- Guangdong Yongtong machinery Limited
- Jiangsu Guosheng Port Lifting equipment manufacturing
- Yufei Heavy Industries Group
- Liebherr
- SENNEBOGEN
- BKRS
- Terex
- Jiangsu Guosheng Port Lifting equipment manufacturing
- GENMA
- GOLDEN
Highlights of The Port Machinery 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:
- Reach Stacker
- Forklift Truck
- Empty Container Handler
- Material Handler
- Port Crane
- Others
- By Application:
- Container handling
- Stacking
- Cargo handling
- Bulk handling
- Scrap handling
- 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 Machinery 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.
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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 machinery is a type of industrial equipment used to move goods and materials in and out of ports. It includes everything from large cranes to small forklifts.
Some of the key players operating in the port machinery market are SANY, Shanghai Zhenhua Heavy Industries Co.,Ltd., Shanghai YO-PI Port Machinery CO.,LTD, Konecranes, Jiangsu Yuanwang Hoisting Machinery Manufacture, Guangdong Yongtong machinery Limited, Jiangsu Guosheng Port Lifting equipment manufacturing, Yufei Heavy Industries Group, Liebherr, SENNEBOGEN, BKRS, Terex, Jiangsu Guosheng Port Lifting equipment manufacturing, GENMA, GOLDEN.
The port machinery market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Port Machinery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Port Machinery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Port Machinery Market - Supply Chain
4.5. Global Port Machinery Market Forecast
4.5.1. Port Machinery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Port Machinery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Port Machinery Market Absolute $ Opportunity
5. Global Port Machinery Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Port Machinery Market Size and Volume Forecast by Type
5.3.1. Reach Stacker
5.3.2. Forklift Truck
5.3.3. Empty Container Handler
5.3.4. Material Handler
5.3.5. Port Crane
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Port Machinery Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Port Machinery Market Size and Volume Forecast by Application
6.3.1. Container handling
6.3.2. Stacking
6.3.3. Cargo handling
6.3.4. Bulk handling
6.3.5. Scrap handling
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Port Machinery Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Port Machinery Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Port Machinery Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Port Machinery Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Port Machinery Demand Share Forecast, 2019-2026
9. North America Port Machinery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Port Machinery Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Port Machinery Market Size and Volume Forecast by Application
9.4.1. Container handling
9.4.2. Stacking
9.4.3. Cargo handling
9.4.4. Bulk handling
9.4.5. Scrap handling
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Port Machinery Market Size and Volume Forecast by Type
9.7.1. Reach Stacker
9.7.2. Forklift Truck
9.7.3. Empty Container Handler
9.7.4. Material Handler
9.7.5. Port Crane
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Port Machinery Demand Share Forecast, 2019-2026
10. Latin America Port Machinery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Port Machinery Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Port Machinery Market Size and Volume Forecast by Application
10.4.1. Container handling
10.4.2. Stacking
10.4.3. Cargo handling
10.4.4. Bulk handling
10.4.5. Scrap handling
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Port Machinery Market Size and Volume Forecast by Type
10.7.1. Reach Stacker
10.7.2. Forklift Truck
10.7.3. Empty Container Handler
10.7.4. Material Handler
10.7.5. Port Crane
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Port Machinery Demand Share Forecast, 2019-2026
11. Europe Port Machinery Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Port Machinery Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Port Machinery Market Size and Volume Forecast by Application
11.4.1. Container handling
11.4.2. Stacking
11.4.3. Cargo handling
11.4.4. Bulk handling
11.4.5. Scrap handling
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Port Machinery Market Size and Volume Forecast by Type
11.7.1. Reach Stacker
11.7.2. Forklift Truck
11.7.3. Empty Container Handler
11.7.4. Material Handler
11.7.5. Port Crane
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Port Machinery Demand Share, 2019-2026
12. Asia Pacific Port Machinery Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Port Machinery Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Port Machinery Market Size and Volume Forecast by Application
12.4.1. Container handling
12.4.2. Stacking
12.4.3. Cargo handling
12.4.4. Bulk handling
12.4.5. Scrap handling
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Port Machinery Market Size and Volume Forecast by Type
12.7.1. Reach Stacker
12.7.2. Forklift Truck
12.7.3. Empty Container Handler
12.7.4. Material Handler
12.7.5. Port Crane
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Port Machinery Demand Share, 2019-2026
13. Middle East & Africa Port Machinery Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Port Machinery Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Port Machinery Market Size and Volume Forecast by Application
13.4.1. Container handling
13.4.2. Stacking
13.4.3. Cargo handling
13.4.4. Bulk handling
13.4.5. Scrap handling
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Port Machinery Market Size and Volume Forecast by Type
13.7.1. Reach Stacker
13.7.2. Forklift Truck
13.7.3. Empty Container Handler
13.7.4. Material Handler
13.7.5. Port Crane
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Port Machinery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Port Machinery Market: Market Share Analysis
14.2. Port Machinery Distributors and Customers
14.3. Port Machinery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SANY
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shanghai Zhenhua Heavy Industries Co.,Ltd.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Shanghai YO-PI Port Machinery CO.,LTD
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Konecranes
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jiangsu Yuanwang Hoisting Machinery Manufacture
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Guangdong Yongtong machinery Limited
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Jiangsu Guosheng Port Lifting equipment manufacturing
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yufei Heavy Industries Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Liebherr
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SENNEBOGEN
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BKRS
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Terex
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jiangsu Guosheng Port Lifting equipment manufacturing
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. GENMA
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. GOLDEN
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
