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  • Cargo Handling Equipment Market Projected to grow at a CAGR of 4.4% over the Forecast Period 2016-2024

    Goldstein Research

    Goldstein Research

    (, October 06, 2018 ) According to Goldstein Research, global cargo handling equipment market size is expected to reach USD 89.4 billion by 2024, from an estimated market size of USD 62.5 billion in 2025, growing at a CAGR of 4.4% over the forecast period 2016-2024. The growing global trade due to e-commerce industry in the developed as well as developing countries tends to drive the growth of global cargo handling equipment market. The global air cargo traffic is growing at an average growth rate of 4.1% annually. Global cargo handling equipment market segmentation has been done on the basis of product, location, and geography. Cargo handling trucks and tractors have highest demand & supply all over the world and thus acquires the largest market share of 54.0% n 2015.

    Geographically, global cargo handling equipment industry is dominated by the Asia Pacific region with a market share of +36.0%, growing at a rate of 4.2% annually. APAC is followed by North America & Europe with a market share of 35.0% & 28.0% in 2016.

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    Market Segmentation

    Global Cargo Handling Equipment Market can be segmented as follows:

    By Product



    Electric Pallet Jacks




    Man Lifts

    Rail Pushers

    Reach Stackers

    RTG Cranes

    Side Picks



    Others (Top Handlers etc.)

    By Location

    Marine Ports


    Rail Yards

    By Region

    North America Cargo Handling Equipment Market Analysis, 2016-2024

    Europe Cargo Handling Equipment Market Analysis, 2016-2024

    The Middle East and Africa Cargo Handling Equipment Market Analysis, 2016-2024

    Latin America Cargo Handling Equipment Market Analysis, 2016-2024

    Asia Pacific Cargo Handling Equipment Market Analysis, 2016-2024

    Rest of the World Cargo Handling Equipment Market Analysis, 2016-2024

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    Global Cargo Handling Equipment Market Outlook 2024 contains a detailed overview of the global cargo handling equipment market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product, location, and geography.

    Major players of the Global Cargo Handling Equipment Market included in the report are:

    ABB Group, Pioneer Corporation, Liebherr Group, Kalmar Global, Toyota Industries Corporation, Hyundai Heavy Industries, Seehafen Wismar GmbH, Terex Corporation, JBT Corporation, Johnson Taylor Forklifts, KonecranesPlc, etc. The report discusses company profiling including their financial report analysis, revenue distribution by regions and business segment, recent developments in the company, company business strategies, and other information of the company to provide a business outlook.

    Further, Global Cargo Handling Equipment Industry Analysis Report highlights the comprehensive analysis of market dynamics i.e. market risk analysis, challenges, opportunities, growth drivers, BPS analysis, market attractiveness, PESTLE analysis, SWOT analysis, and Porters five force model. The report analyzes the global cargo handling equipment market opportunities, trends and market forecast to help the technology providers, new entrants, existing players, and other stakeholders to build business strategies based on the future market trends, analyzed on the basis of market statistics such as market size, market share, market growth rate, trade (import & export) and demand & supply of the industry.

    About Goldstein Research

    Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

    Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the industry, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

    Our market research reports provide in-depth analysis of global and regional variations along with competitors overview.

    Our analysts working on automotive industry research report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in a rigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients needs and business agenda.

    Browse Similar Report: Automated Material Handling Equipment Industry

    Goldstein Research

    Steve Blade


    Source: EmailWire.Com


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