The Port And Material Handling Equipment Vehicle Global Market Report 2023, provides comprehensive information on the port & material handling equipment vehicle market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Port And Material Handling Equipment Vehicle Market’s Growth:
The global port and material handling equipment vehicle market size is expected to grow from $20.30 billion in 2022 to $21.62 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The global port and material handling equipment vehicle market size is expected to reach $26.92 billion in 2027 at a CAGR of 5.6%.
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Technological advancements are a key trend in gaining popularity in the port and material handling equipment vehicle market. Major companies operating in the port and material handling equipment vehicle market are focused on developing vehicles with advanced technologies to strengthen their position in the market. For instance, in May 2022, Camblift, a Sweden-based material handling equipment manufacturer launched its first reach stacker, a port and material handling equipment vehicle. The reach stacker offered a safe and ergonomic workplace with higher efficiency in production and it is available in both electric and diesel versions, with green fuel technology globally. It has the ability to be driven by clean energy.
The port & material handling equipment vehicle market is segmented:
1) By Equipment Type: Tug Boats, Cranes, Shiploaders, Reach Stackers, Mooring Systems, Automated Guided Vehicles (AGVs), Forklift Trucks, Container Lift Trucks, Terminal Tractors, Other Equipment By Propulsion: Diesel, Gasoline, Electric/Battery, Other Propulsion
2) By Demand: New Demand, MRO(Maintenance, Repair, And Overhaul Or Services)
3) By Application: Container Handling, Ship Handling, Services, Storage Handling, Automated Storage Handling, Bulk Material Handling, Other Application
Asia-Pacific was the largest region in the port & material handling equipment vehicle market in 2022.
The table of contents in TBRC’s port & material handling equipment vehicle market report includes:
- Executive Summary
- Port And Material Handling Equipment Vehicle Market Characteristics
- Port And Material Handling Equipment Vehicle Market Trends And Strategies
- Port And Material Handling Equipment Vehicle Market – Macro Economic Scenario
- Port And Material Handling Equipment Vehicle Market Size And Growth
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- Africa Port And Material Handling Equipment Vehicle Market
- Port And Material Handling Equipment Vehicle Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Port And Material Handling Equipment Vehicle Market
- Port And Material Handling Equipment Vehicle Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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