Growing Innovations in Hybrid & Electric Container Handling Equipment

1. Container Handling Equipment Market worth 8.75 Billion USD by 2025 The report "Container Handling Equipment Market by Type (ASC, STS, MHC, RTG, RMG, EMPTY and Laden FLT, Straddle Carrier, Reach Stacker, Terminal Tractor), Tonnage (<10 T, 10–40 T, 41–70 T, 71–100 T), Propulsion, Engine Capacity, Power Output - Global Forecast to 2025", The market for container handling equipment is projected to grow at a CAGR of 4.24%, during the forecast period, to reach a market size of USD 8.75 Billion by 2025 from an estimated USD 6.28 Billion in 2017. The increasing containerized trade across the world, stringent emission regulations for container handling equipment, and strong demand in Asia Pacific and the Middle East would fuel the demand for container handling equipment. Browse 70 Tables and 50 Figures spread through 145 Pages and in-depth TOC on "Container Handling Equipment Market by Type (ASC, STS, MHC, RTG, RMG, EMPTY and Laden FLT, Straddle Carrier, Reach Stacker, Terminal Tractor), Tonnage (<10 T, 10–40 T, 41–70 T, 71–100 T), Propulsion, Engine Capacity, Power Output - Global Forecast to 2025" https://www.marketsandmarkets.com/Market-Reports/container-handling-equipment-market- 239108007.html Early buyers will receive 10% customization on reports. The ship-to-shore cranes segment is estimated to hold the largest share of the container handling equipment market during the forecast period. The ship-to-shore cranes segment is projected to hold the largest market share from 2017 to 2025. These cranes are used for loading and unloading containers from ships. According to a UNCTAD report published in 2016, the average container ship size increased by 132% over the past 7 years. Container loading and unloading from larger ships are fully dependent on the availability of these cranes. As per the Port Equipment Manufacturers’ Association (PEMA), the demand for these crane types mainly comes from medium and larger ports in countries such as China, Japan, Singapore, Australia, India, and Vietnam in Asia Pacific due to increased container traffic. All these factors are expected to boost the demand for ship-to-shore cranes. The diesel based equipment segment is expected to hold the largest market share in 2017 due to the efficient power delivery, low fuel costs, and inadequate/insufficient electric infrastructure at small and medium terminals. Also, the stringent emission regulations for NOx, PM, and CO2 by the US EPA and European Union have prompted equipment manufacturers to offer fuel-efficient equipment with lower emissions. Hence, equipment manufacturers are focusing on the development and sale of electric and hybrid equipment. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=239108007 The automated stacking crane (ASC) market is expected to grow at the fastest rate from 2017 to 2025. The growing demand for automation at port terminals across the globe is one of the key reasons for the growth of this market segment. These cranes are capable of picking up, placing, and stacking containers automatically leading to increased productivity and container throughput. Few port terminals such as Thamesport (UK), PSA

2. (Singapore), and Container Terminal Altenwerder (Germany) have increased their automation levels using these cranes. Thus, the growing demand for greenfield port terminals with high reliability and efficiency would drive the ASC market in the coming years. The electric propulsion segment is expected to be the fastest-growing market for container handling equipment from 2017 to 2025. The electric propulsion market is expected to grow at the fastest rate during the forecast period due to the increasing stringency in emission regulations. The industrial equipment emission norms have constantly been upgraded across different regions. According to the EU norms, NOx and PM levels have reduced by nearly 95.7% and 97.2%, respectively, from Stage I to Stage V. Also, as per the US EPA norms, NOx, and PM levels have declined by 95.6% and 96.2%, respectively, from Tier 1 to Tier 4. Countries such as China, Japan, South Korea, and India are also following similar norms in line with these standards. Konecranes, Kalmar, and Hyster, among other companies, have not only extended their electric equipment offerings for RMG, RTG, and straddle carriers but also initiated R&D efforts for the same. Due to these stringent emission norms and the need for increased operational efficiency, the electric propulsion type market is expected to grow at the highest CAGR during the forecast period. Asia Pacific: The largest container handling equipment market As per the World Bank, China is the global leader in container handling capacity and accounted for 28.5% of the total container cargo moved in 2016. The ports in Shanghai (China), Shenzhen (China), Hong Kong, Ningbo- Zhoushan (China), Singapore, and Keihin (Japan) handle millions of TEU annually, which is driving the growth of the market in Asia Pacific. According to MarketsandMarkets’ analyses, the container handling capacity in Asia stood at around 40–42% in terms of value in 2017. This trend is estimated to continue and, to handle the increasing container traffic, an increase in the demand for container handling equipment as well as automation at ports is expected in the region in coming years. Some of the prominent players in the container handling equipment market are Kalmar (Finland), Konecranes (Finland), Liebherr (Switzerland), Hyster (US), Sany (China), ZPMC (China), Lonking (China), Anhui Heli (China), CVS Ferrari (Italy), and Hoist Liftruck (US). Request Sample: https://www.marketsandmarkets.com/requestsample.asp?id=239108007 Target Audience Container handling equipment manufacturers Container handling equipment traders and distributors Fleet operators Global industrial vehicle and container handling associations Government and regulatory authorities Research and consulting associations

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