Port Equipment Market

Port Equipment Market by Equipment Type (Mooring Systems, Tug Boats, Cranes, Shiploaders, Container Lift Trucks, Reach Stackers, Forklift Trucks, Automated Guided Vehicles, Terminal Tractors, Straddle Carriers), Type, Application, Demand, and Region - Global Forecast to 2025

Report Code: AS 6852 Jan, 2019, by marketsandmarkets.com

The port equipment market is estimated at USD 29.2 billion in 2018 and is projected to reach USD 36.6 billion by 2025, at a CAGR of 3.30% from 2018 to 2025. The factors that are expected to fuel the growth of the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Various countries have been focusing on developing new ports owing to the increase in vessel count and trade volume. According to the International Chamber of Shipping, 90% of the world’s trade is carried out through seaways as they are ideal for heavy and bulk goods, have large carrying capabilities, and offer competitive freight costs.

Port Equipment Market

By application, the container handling segment is expected to grow at the highest CAGR during the forecast period.

Based on application, the container handling of the port equipment market is projected to grow at a significant CAGR during the forecast period, as different sets of port equipment are used to carry out different port operations such as container handling, stacking, bulk handling, scrap handling, heavy lifting, and general cargo loading and unloading. There is a 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.

Straddle carriers segment expected to register the highest CAGR in the port equipment market during the forecast period.

Based on equipment type, the port equipment market has been segmented into mooring systems, tug boats, cranes, shiploaders, container lift trucks, reach stackers, forklift trucks, automated guided vehicles, terminal tractors, straddle carriers and others (hoppers/passenger boarding bridges/conveyors/linkspan). Equipment manufacturers are focused on offering hybrid straddle carriers for port terminals owing to the growing requirement of advanced cargo handling equipment equipped with advanced technologies.

Port Equipment Market

The Asia Pacific region is expected to lead the Port equipment market from 2018 to 2025

The Asia Pacific market is projected to grow at the highest CAGR during the forecast period. This growth is attributed to the increasing number of port equipment being launched every year and prominent companies developing advanced technologies for port equipment. The high demand for new port equipment from greenfield projects is also driving this regional market.

Key Market Players

The major players in the port equipment market include Liebherr (Switzerland), TTS (Norway), Kalmar (Finland), Konecranes (Finland), Sany (China), Shanghai Zhenhua Heavy Industries (ZPMC) (China), Hyster (US), Lonking (China), CVS Ferrari (Italy), Anhui Heli (China), and Famur Famak (Poland), among others. Konecranes is one of the key market players engaged in securing contracts to increase the adoption of port equipment by port terminals.

Recent Developments

  • In December 2017, Konecranes received an order for mobile harbor cranes from PT Pelabuhan Indonesia 3 (Pelindo 3), Indonesia. The order includes three Model 4 and two Model 5 rubber-tired mobile harbor cranes that will be deployed at the Tanjung Perak Port. Konecranes had been supplying container handling equipment to Pelindo 3 in recent years and similar supply contracts are expected to offer significant business opportunities for Konecranes in the Indonesian market.
  • In July 2017, Liebherr completed a contract order for a new LRS 545 reachstacker from the Doyle Shipping Group (Ireland) at the Dublin Port. The LRS 545 reachstacker can stack up to five containers and has the maximum lifting capacity of 40.5 tons in the first row and 29.5 tons in the second row with supporting plates.
  • In January 2018, Kalmar received a supply contract for 10 of its TL2 terminal tractors from Trac-Wheels (Malaysia), a company involved in the sale and leasing of construction and container handling equipment in East Malaysia. The tractors are to be offered on lease to the Miri Port and Tanjung Manis Port terminals located in East Malaysia for integrated cargo handling solutions.

Key Questions addressed by the report

  • What are your views on the growth perspective of the port equipment market? What are the key dynamics and trends that govern the market such as drivers, and opportunities?
  • What are the key sustainability strategies adopted by leading players operating in the market?
  • What are the new emerging technologies and use cases disrupting the marine industry?
  • Which are the key applications where port equipment play a significant role?
  • What are the key trends and opportunities in the market across different regions and respective countries?
  • Who are the key players and innovators in the partnership ecosystem?
  • How is the competitive landscape changing in the client ecosystem and impacting their revenue shares?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Premium Insights (Page No. - 31)
    3.1 Attractive Growth Opportunities in Port Equipment Market
    3.2 Port Equipment Market, By Equipment Type
    3.3 Port Equipment Market, By Type
    3.4 Port Equipment Market, By Application
    3.5 Port Equipment Market, By Region

4 Executive Summary (Page No. - 34)

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Seaborne Trade Across the Globe
                    5.2.1.2 Rising Container Shipments in Asia Pacific & the Middle East
           5.2.2 Restraints
                    5.2.2.1 High Capital and Maintenance Costs of Port Equipment
           5.2.3 Opportunities
                    5.2.3.1 Automation Technologies in Port Equipment Aiding More Efficiency in Different Applications
           5.2.4 Challenges
                    5.2.4.1 Synchronization Issue With Different Equipment for Various Applications
                    5.2.4.2 Several Accidents Occurred Using Port Equipment

6 Industry Trends (Page No. - 46)
    6.1 Introduction
    6.2 Technology Trends
           6.2.1 Automation of Stacking Operations at Ports
           6.2.2 Upgradation of Old Cranes With Electrical Components
           6.2.3 Introduction of New Engines With Reduced Emissions
           6.2.4 Use of Advanced Materials in Manufacturing Port Equipment
           6.2.5 Increased Use of Sensors in Ships and Ports
           6.2.6 Adoption of Automated Port Management
           6.2.7 Introduction of Simulation-Based Training for Operating Port Equipment
    6.3 Innovations & Patent Registrations
    6.4 Analysis of Key Trends of the Port Equipment Market

7 Port Equipment Market, By Equipment Type (Page No. - 50)
    7.1 Introduction
    7.2 Tug Boats
           7.2.1 Tug Boats Used in Assisting Bigger Vessels Or in Berthing and Unberthing
    7.3 Cranes
           7.3.1 Rubber-Tired Gantry (RTG) Cranes
                    7.3.1.1 RTG Cranes are Capable of Stacking A Maximum of 50–55 Tons
           7.3.2 Electrified Rubber-Tired Gantry (E-RTGS) Cranes
                    7.3.2.1 E-RTGS Cranes Have High Demand From Port Terminals Due to Emission Control
           7.3.3 Ship-To-Shore Cranes
                    7.3.3.1 Ship-To-Shore Cranes Lifts Containers Ranging From 40–100 Tons
           7.3.4 Yard Cranes
                    7.3.4.1 Due to the Rising Demand for Automation Level at Port Terminals Yard Cranes are Highly Effective at Port Terminal
           7.3.5 Rail-Mounted Gantry (RMG) Cranes
                    7.3.5.1 RMG Cranes Have Benefit of Lifting Containers at Multiple Stacking Heights and Spans
           7.3.6 Automated Stacking Cranes
                    7.3.6.1 Asc are Important Equipment for Container Handling Application
    7.4 Shiploaders
           7.4.1 Demand for Shiploaders has Increased Due to Unloading of Bulk Cargo
    7.5 Reach Stackers
           7.5.1 Rising Containers Volume at Port Terminal has Surged the Demand for Reach Stackers
    7.6 Mooring Systems
           7.6.1 Increasing Quayside Efficiency has Surged the Demand for Mooring Systems
    7.7 Automated Guided Vehicles (AGVS)
           7.7.1 Increasing Seaborne Trade has Surged the Demand for AGVS
    7.8 Forklift Trucks
           7.8.1 Demand for Forklifts has Increased at Small and Medium Port Terminals
    7.9 Container Lift Trucks
           7.9.1 Empty Container Lift Trucks
                    7.9.1.1 Quick Transportation of Empty Containers at the Port Terminals for Loading
           7.9.2 Laden Container Lift Trucks
                    7.9.2.1 Use of Electric Laden Container Lift Trucks has Driven the Port Equipment Market
    7.10 Terminal Tractors
           7.10.1 4x2 Terminal Tractors
                    7.10.1.1 Adoption of Electric Terminal Tractors for Better Port Efficiency
           7.10.2 4x4 Terminal Tractors
                    7.10.2.1 Increase in Container Size has Surge the Demand for 4x4 Terminal Tractor
    7.11 Straddle Carriers
           7.11.1 Key Suppliers of Automated Straddle Carriers That Have Better Operational Efficiency
    7.12 Others

8 Port Equipment Market, By Application (Page No. - 59)
    8.1 Introduction
    8.2 Container Handling
           8.2.1 Increased Activities at Marine Ports has Led to the Growth of the Container Handling Application
    8.3 Bulk Handling
           8.3.1 Increased Industrialization has Surged the Demand for Bulk Handling Equipment
    8.4 Ship Handling
           8.4.1 Maneuvering of Ship to the Port Terminal has Driven the Port Equipment Market
    8.5 Others

9 Port Equipment Market, By Type (Page No. - 62)
    9.1 Introduction
    9.2 Diesel
           9.2.1 Companies are Upgrading Their Existing Products Which are Fuel-Efficient and Environment-Friendly
    9.3 Electric
           9.3.1 Growing Stringency of Emission Regulations and the Desire for Operational Efficiency
    9.4 Hybrid
           9.4.1 Reduction in Fuel Consumption and Emission By Almost 40–50% has Surged Demand for Hybrid Equipment

10 Port Equipment Market, By Demand (Page No. - 66)
     10.1 Introduction
     10.2 New Demand
             10.2.1 With the Upcoming Projects Or Port has Created Demand for New Port Equipment
     10.3 MRO
             10.3.1 Increase in the Efficiency of the Work Environment, and Reduce Energy Consumption has Made Port Association to Upgrade Older Equipment

11 Port Equipment Market, By Region (Page No. - 69)
     11.1 Introduction
     11.2 North America
             11.2.1 US
                        11.2.1.1 US Uses Container Handling Equipment for Port Operations
             11.2.2 Canada
                        11.2.2.1 With the Highest Number of Vessels Traffic in the Region, Tug Boats Deliveries are Increasing in the Forecast Period.
     11.3 Europe
             11.3.1 Sweden
                        11.3.1.1 Increasing Demand for E-Commerce and the Robust Economies of These Countries
             11.3.2 Denmark
                        11.3.2.1 Major 5 Ports of Sweden are Created Demand for Port Equipment
             11.3.3 Germany
                        11.3.3.1 Germany has the Four Busiest Port Terminal Which has Created Demand for Port Terminal
             11.3.4 UK
                        11.3.4.1 13 Port Terminals of UK has Majorly Contributed to the Port Equipment Market
             11.3.5 France
                        11.3.5.1 France Port Terminal has Highest Electric Equipment Due to Stringent Norms From Government
     11.4 Asia Pacific
             11.4.1 China
                        11.4.1.1 Sany and ZPMC Companies Have Their Headquarters in This Region
             11.4.2 India
                        11.4.2.1 Rise in GDP and Seaborne Trade has Surged the Demand for Port Equipment
             11.4.3 Philippines
                        11.4.3.1 Philippines is Developing New Port Development Along With Modernization Port Terminals Projects
             11.4.4 South Korea
                        11.4.4.1 Trans- Shipment in South Koreas has Become Important With Increase in Size , Which Needs Equipment Upgradation
             11.4.5 Australia
                        11.4.5.1 Increase in Demand for Lng and Other Natural Gas Producers, Industry Operators Have Increasingly Invested in Port Expansion Projects in Australia
             11.4.6 Singapore
                        11.4.6.1 Singapore Will Use Automated Port Equipment for Better Productivity at Port Operation
     11.5 RoW
             11.5.1 Latin America
                        11.5.1.1 Latin America Will Need to Bridge Huge Million Teu Gap Between Demand and A Container Handling Capacity in Ports
             11.5.2 Africa & Middle East
                        11.5.2.1 Africa & Middle East Port Equipment Hampered Due to Insufficient Investment in Port Terminal Infrastructure

12 Competitive Landscape (Page No. - 110)
     12.1 Introduction
     12.2 Competitive Analysis
     12.3 Market Ranking Analysis
     12.4 Competitive Scenario
             12.4.1 Contracts
             12.4.2 New Product Launches
             12.4.3 Partnerships
             12.4.4 Acquisitions
             12.4.5 Agreements
             12.4.6 Joint Ventures

13 Company Profiles (Page No. - 121)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     13.1 Liebherr
     13.2 ABB
     13.3 TTS
     13.4 Sany
     13.5 Kalmar
     13.6 Konecranes
     13.7 Hyster
     13.8 Cavotec
     13.9 Anhui Heli
     13.10 Shanghai Zhenhua Heavy Industries (ZPMC)
     13.11 CVS Ferrari
     13.12 Mcnally Bharat Engineering
     13.13 Til Limited
     13.14 Lonking Holdings Limited
     13.15 Baltkran
     13.16 Famur Famak
     13.17 Prosertek
     13.18 American Crane & Equipment
     13.19 Timars Svets & Smide Ab

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 166)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Available Customization
     14.4 Related Reports
     14.5 Author Details


List of Tables (89 Tables)

Table 1 Adopted Strategies By Key Players in the Port Industry, 2016–2018
Table 2 Average Cost of Different Equipment Types
Table 3 Innovations & Patent Registrations
Table 4 Port Equipment Market, By Equipment Type, 2016–2025 (USD Million)
Table 5 Cranes Market Size, By Subtype, 2016–2025 (USD Million)
Table 6 Container Lift Trucks Market Size, By Subtype, 2016–2025 (USD Million)
Table 7 Terminal Tractors Market Size, By Subtype, 2016–2025 (USD Million)
Table 8 Port Equipment Market, By Application, 2016–2025 (USD Million)
Table 9 Port Equipment Market, By Type, 2016–2025 (USD Million)
Table 10 Port Equipment Market, By Demand, 2016–2025 (USD Billion)
Table 11 Port Equipment Market Size, By Region, 2016–2025 (USD Million)
Table 12 North America Port Equipment Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 13 North America Cranes Market Size, By Subtype, 2016–2025 (USD Million)
Table 14 North America Container Lift Trucks Market Size, By Subtype, 2016–2025 (USD Million)
Table 15 North America Terminal Tractors Market Size, By Subtype, 2016–2025 (USD Million)
Table 16 North America Port Equipment Market Size, By Type, 2016–2025 (USD Million)
Table 17 North America Port Equipment Market Size, By Application, 2016–2025 (USD Million)
Table 18 North America Market Size, By Demand, 2016–2025 (USD Million)
Table 19 North America: Market Size, By Country, 2016–2025 (USD Million)
Table 20 US: Port Equipment Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 21 US: Market Size, By Type, 2016–2025 (USD Million)
Table 22 US: Market Size, By Application, 2016–2025 (USD Million)
Table 23 Canada: Port Equipment Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 24 Canada: Market Size, By Type, 2016–2025 (USD Million)
Table 25 Canada: Market Size, By Application, 2016–2025 (USD Million)
Table 26 Europe Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 27 Europe Cranes Market Size, By Subtype, 2016–2025 (USD Million)
Table 28 Europe Container Lift Trucks Market Size, By Subtype, 2016–2025 (USD Million)
Table 29 Europe Terminal Tractors Market Size, By Subtype, 2016–2025 (USD Million)
Table 30 Europe Port Equipment Market Size, By Type, 2016–2025 (USD Million)
Table 31 Europe Market Size, By Application, 2016–2025 (USD Million)
Table 32 Europe Market Size, By Demand, 2016–2025 (USD Million)
Table 33 Europe: Market Size, By Country, 2016–2025 (USD Million)
Table 34 Sweden: Port Equipment Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 35 Sweden: Market Size, By Type, 2016–2025 (USD Million)
Table 36 Sweden: Market Size, By Application, 2016–2025 (USD Million)
Table 37 Denmark:Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 38 Denmark: Port Equipment Market Size, By Type, 2016–2025 (USD Million)
Table 39 Denmark: Market Size, By Application, 2016–2025 (USD Million)
Table 40 Germany: Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 41 Germany: Market Size, By Type, 2016–2025 (USD Million)
Table 42 Germany: Port Equipment Market Size, By Application, 2016–2025 (USD Million)
Table 43 UK: Port Equipment Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 44 UK: Market Size, By Type, 2016–2025 (USD Million)
Table 45 UK: Market Size, By Application, 2016–2025 (USD Million)
Table 46 France: Port Equipment Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 47 France: Market Size, By Type, 2016–2025 (USD Million)
Table 48 France: Market Size, By Application, 2016–2025 (USD Million)
Table 49 Asia Pacific Port Equipment Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 50 Asia Pacific Cranes Market Size, By Subtype, 2016–2025 (USD Million)
Table 51 Asia Pacific Container Lift Trucks Market Size, By Subtype, 2016–2025 (USD Million)
Table 52 Asia Pacific Terminal Tractors Market Size, By Subtype, 2016–2025 (USD Million)
Table 53 Asia Pacific Port Equipment Market Size, By Type, 2016–2025 (USD Million)
Table 54 Asia Pacific Market Size, By Application, 2016–2025 (USD Million)
Table 55 Asia Pacific Market Size, By Demand, 2016–2025 (USD Million)
Table 56 Asia Pacific: Market Size, By Country, 2016–2025 (USD Million)
Table 57 China: Port Equipment Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 58 China: Market Size, By Application, 2016–2025 (USD Million)
Table 60 India: Port Equipment Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 61 India: Market Size, By Type, 2016–2025 (USD Million)
Table 62 India: Market Size, By Application, 2016–2025 (USD Million)
Table 63 Philippines: Port Equipment Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 64 Philippines: Market Size, By Type, 2016–2025 (USD Million)
Table 65 Philippines: Market Size, By Application, 2016–2025 (USD Million)
Table 66 South Korea: Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 67 South Korea: Market Size, By Type, 2016–2025 (USD Million)
Table 68 South Korea: Port Equipment Market Size, By Application, 2016–2025 (USD Million)
Table 69 Australia: Port Equipment Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 70 Australia: Market Size, By Type, 2016–2025 (USD Million)
Table 71 Australia:  Market Size, By Application, 2016–2025 (USD Million)
Table 72 Singapore: Port Equipment Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 73 Singapore: Market Size, By Type, 2016–2025 (USD Million)
Table 74 Singapore: Market Size, By Application, 2016–2025 (USD Million)
Table 75 RoW Port Equipment Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 76 RoW Cranes Market Size, By Subtype, 2016–2025 (USD Million)
Table 77 RoW Container Lift Trucks Market Size, By Subtype, 2016–2025 (USD Million)
Table 78 RoW Terminal Tractors Market Size, By Subtype, 2016–2025 (USD Million)
Table 79 RoW Port Equipment Market Size, By Type, 2016–2025 (USD Million)
Table 80 RoW Market Size, By Application, 2016–2025 (USD Million)
Table 81 RoW Market Size, By Demand, 2016–2025 (USD Million)
Table 82 RoW: Market Size, By Region, 2016–2025 (USD Million)
Table 83 Latin America: Port Equipment Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 84 Latin America: Port Equipment Market Size, By Type, 2016–2025 (USD Million)
Table 85 Latin America: Port Equipment Market Size, By Application, 2016–2025 (USD Million)
Table 86 Africa & Middle East: Port Equipment Market Size, By Equipment Type, 2016–2025 (USD Million)
Table 87 Africa & Middle East: Market Size, By Type, 2016–2025 (USD Million)
Table 88 Africa & Middle East: Market Size, By Application, 2016–2025 (USD Million)
Table 89 Ranking of Key Players in Market, 2017


List of Figures (48 Figures)

Figure 1 Research Process Flow
Figure 2 Port Equipment Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Increased Demand for Electric Port Equipment and Automation of Port Operations are Driving the Growth of Port Equipment Market
Figure 8 Tug Boats Segment Expected to Lead Port Equipment Market From 2018 to 2025
Figure 9 Electric Segment to Lead Port Equipment Market From 2018 to 2025
Figure 10 Cargo Handling Equipment Segment of Port Equipment Market to Grow at the Highest CAGR From 2018 to 2025
Figure 11 Asia Pacific Port Equipment Market to Grow at the Highest CAGR From 2018 to 2025
Figure 12 Straddle Carriers of Port Equipment Market Projected to Grow at Highest CAGR During Forecast Period
Figure 13 Electric Segment Projected to Lead Market By Type During Forecast Period
Figure 14 Container Handling Application Segment Projected to Lead During the Forecast Period
Figure 15 Asia Pacific Market Projected to Grow at Highest CAGR During Forecast Period
Figure 16 Port Equipment Market: Drivers, Restraints, Opportunities & Challenges
Figure 17 Global Seaborne Trade, 2017 (Million Tons)
Figure 18 Top 10 Port Terminals Capacity (Million Teu)
Figure 19 Port Equipment Market, By Equipment Type, 2018 & 2025 (USD Million)
Figure 20 Port Equipment Market, By Application, 2018 & 2025 (USD Million)
Figure 21 Port Equipment Market, By Type (USD Million)
Figure 22 Port Equipment Market, By Demand
Figure 23 Port Equipment Market, By Region
Figure 24 North America Port Equipment Market Snapshot
Figure 25 Europe Port Equipment Market Snapshot
Figure 26 Asia Pacific Market Snapshot
Figure 27 Companies Adopted Contracts as Key Growth Strategy Between June 2014 and October 2018
Figure 28 Leading Companies in Market, By Region, 2017
Figure 29 Liebherr: Company Snapshot
Figure 30 Liebherr: SWOT Analysis
Figure 31 ABB: Company Snapshot
Figure 32 ABB: SWOT Analysis
Figure 33 TTS: Company Snapshot
Figure 34 TTS: SWOT Analysis
Figure 35 Sany: Company Snapshot
Figure 36 Sany: SWOT Analysis
Figure 37 Kalmar: Company Snapshot
Figure 38 Kalmar: SWOT Analysis
Figure 39 Konecranes: Company Snapshot
Figure 40 Konekranes: SWOT Analysis
Figure 41 Hyster: Company Snapshot
Figure 42 Hyster: SWOT Analysis
Figure 43 Cavotec: Company Snapshot
Figure 44 Cavotec: SWOT Analysis
Figure 45 Anhui Heli: Company Snapshot
Figure 46 Mcnally Bharat Engineering: Company Snapshot
Figure 47 Til Limited: Company Snapshot
Figure 48 Lonking Holdings Limited: Company Snapshot

The study considered four major activities to estimate the current market size for port equipment. Exhaustive secondary research was undertaken to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources, such as Hoovers, Bloomberg, BusinessWeek, and Port Equipment Manufacturers Association (PEMA) magazines have been referred to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, certified publications, articles by recognized authors, and port equipment databases.

Primary Research

The port equipment market comprises several stakeholders, such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by various end users, such as port administration as well as Maintenance, Repair and Operations (MRO) and leasing companies. The supply side is characterized by advancements in port equipment technology, development of port equipment, and software development. Various primary sources from both, the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:

Port Equipment Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both, top-down and bottom-up approaches were used to estimate and validate the total size of the port equipment market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • Key players in the industry and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both, the demand and supply sides, in the port equipment industry.

Report Objectives

  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the port equipment market
  • To analyze macro and micro indicators of the port equipment market
  • To forecast the market size of segments based on 4 regions, including North America, Europe, Asia Pacific, and Rest of the World, along with major countries in each of these regions
  • To strategically analyze micromarkets1 with respect to individual technological trends, prospects, and their contribution to the overall market
  • To strategically profile key market players and comprehensively analyze their market shares and core competencies2
  • To provide a detailed competitive landscape of the port equipment market, along with an analysis of business and corporate strategies such as joint ventures, mergers, and new product developments
  • To identify detailed financial positions, key products, unique selling points, and key developments of leading companies in the port equipment market

Scope of the Report

Report Metric

Details

Market size available for years

2016-2025

Base year considered

2017

Forecast period

2018-2025

Forecast units

Value (USD)

Segments covered

Equipment Type, Application, Type, Demand, and Region

Geographies covered

North America, APAC, Europe, and RoW

Companies covered

Liebherr (Switzerland), TTS (Norway), Kalmar (Finland), Konecranes (Finland), Sany (China), Shanghai Zhenhua Heavy Industries (ZPMC) (China), Hyster (US), Lonking (China), CVS Ferrari (Italy), Anhui Heli (China), and Famur Famak (Poland), among others

This research report categorizes the port equipment market based on equipment type, application, type, demand, and region.

On the basis of Equipment Type, the port equipment market has been segmented as follows:

  • Mooring Systems
  • Tug Boats
  • Cranes
    • Ship-to-Shore Cranes
    • Rubber-tired Gantry (RTGs) Cranes
    • Electrified Rubber-tired Gantry (e-RTGs) Cranes
    • Rail-mounted Gantry (RMGs) Cranes
    • Yard Cranes
    • Automated Stacking Cranes
  • Shiploaders
  • Container Lift Trucks
    • Laden Container Lift Trucks
    • Empty Container Lift Trucks
  • Reach Stackers
  • Forklift Trucks
  • Automated Guided Vehicles
  • Terminal Tractors
    • 4x2 Terminal Tractors
    • 4x4 Terminal Tractors
  • Straddle Carriers
  • Others (Hoppers/Passenger Boarding Bridges/Conveyors/Linkspan)

On the basis of Application, the port equipment market has been segmented as follows:

  • Container Handling
  • Bulk Handling (Dry & Wet)
  • Ship Handling
  • Others (Passenger & Scrap Handling)

On the basis of Type, the port equipment market has been segmented as follows:

  • Electric
  • Diesel
  • Hybrid

On the basis of Demand, the port equipment market has been segmented as follows:

  • New Demand (Greenfield & Brownfield)
  • MRO

On the basis of Region, the Port equipment market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analysis and profiles of additional market players (up to 5)
Report Code
AS 6852
Published ON
Jan, 2019
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