Global Cargo Handling Equipment Market is expected to reach US$ 28.93 billion by 2026 from US$ XX billion in 2019, exhibiting a CAGR of XX% during 2019-2026.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

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Efforts toward cargo equipment automation, growing demand for electric and hybrid equipment to reach lower emissions and fuel consumption and increased demand in the Asia-Pacific (APAC) region are anticipated to drive the Global Cargo Handling Equipment Market for cargo handling equipment during the projected period.

Diesel propelled cargo handling equipment segment is projected to hold the largest Global Cargo Handling Equipment Market share in 2017 due to the effective power delivery, low fuel costs, and insufficient electric infrastructure at small and medium terminals. Also, strict emission regulations for NOx, PM, and CO2 by the US EPA and European Union have encouraged equipment manufacturers to offer fuel-efficient equipment with lesser emissions. Hereafter, equipment manufacturers are focusing on the development and sale of electric and hybrid equipment.

Geographically, the Cargo Handling Equipment Market segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The number of small and medium marine ports is increasing in countries such as India, Malaysia, and Thailand, which has driven the demand and increased the growth of marine cargo equipment handling Global Cargo Handling Equipment Market in Asia-Pacific (APAC) at the maximum CAGR during the forecast period.

Global cargo handling equipment market is projected to have considerable growth with increasing marine and air traffic. Developing nations such as India, China, Brazil, and Russia are progressively investing in new air and marine port construction. Furthermore, cargo operators are investing in advanced technology equipment to reduce loading and unloading time and advance their operating efficiency.

Key player’s studies, analyzed, profiled and benchmarked in Cargo Handling Equipment Market are Anhui Heli, Emerson Electric, Gantrex, Hangcha Group Co. Ltd, Hoist Lifttruck, Hyster, JBT Corporation, Kalmar, Kion Group, Konecranes, Liebherr, Lonking Machinery, Macgregor, Mallaghan Engineering, Mitsubishi, Sany, Shanghai Zhenhua Heavy Industries Company Limited, Siemens AG, Tec Containers, Teleflex Lionel-Dupont, Terex, Toyota Industries, and Tug Technologies.

The objective of the report is to present comprehensive Global Cargo Handling Equipment Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Global Cargo Handling Equipment Market North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Global Cargo Handling Equipment Market North America for Asia Pacific size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Cargo Handling Equipment Market North America for Asia Pacific make the report investor’s guide.

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The Scope of the Global Cargo Handling Equipment Market: Inquire before buying

Global Cargo Handling Equipment Market, by Equipment Type:

• Aviation dollies • Stacker • Pallet jack • Loaders • Conveyor system • Automated guided vehicle • Forklift Trucks • Cranes • Rubber-Tired Gantry Cranes • Straddle Carriers • Reach Stackers • Terminal Tractors

Global Cargo Handling Equipment Market, by Propulsion Type: