Cargo Handling Equipment Market Size, Market Growth, Competitive analysis, and Global Demand

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Global cargo handling equipment market was valued at USD 23.30 billion in 2021 and is expected to reach USD 29.63 billion by 2029, registering a CAGR of 3.05% during the forecast period of 2022-2029.

Data Bridge Market Research unveils a comprehensive study of the Cargo Handling EquipmentMarket, presented in a visually compelling format for effective data absorption. Key insights are readily evident through insightful graphs, charts, and figures, empowering informed decision-making.

Through the tailored and cutting-edge insights within this Cargo Handling Equipment report, businesses gain a deep understanding of consumer types, their preferences, demands, perceptions of products, buying intentions, responses to specific products, and evolving tastes within the dynamic automotive industry. All numerical data is visually represented through graphs and charts, facilitating easy comprehension of statistical information. This report doesn't just offer insights; it equips organizations with profound knowledge spanning global, regional, and local market statistics.


Furthermore, this Cargo Handling Equipmentmarket research report not only forecasts market size but also includes crucial information on key vendor revenues, industry progression from upstream to downstream, pivotal companies, type segments, and market applications. Upholding quality and transparency in research methodologies is a core principle, ensuring the delivery of an exceptional market research report tailored to your niche. The Cargo Handling Equipmentmarket study incorporates a comprehensive market attractiveness analysis, benchmarking each segment based on size, growth rate, and overall appeal. A significant segment of this report is dedicated to the competitive landscape, offering clear insights into market share analysis and the strategies adopted by key industry players. This thorough examination empowers businesses to navigate and thrive within the competitive landscape effectively.


Global cargo handling equipment market was valued at USD 23.30 billion in 2021 and is expected to reach USD 29.63 billion by 2029, registering a CAGR of 3.05% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production and sales, and pestle analysis.


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Market Growth Drivers:

  • Rising Imports and Export activities 

The rising import and export services and activities across the globe and the thriving logistics industries is the primary factor driving the growth of the market over the forecasted period. the increasing seaborne trade activities, industrial production and air cargo facilities are leading to the rise in the demand for cargo handling equipment to secure enhanced and proficient outcomes. This factor is driving the growth of the cargo handling equipment market over the forecasted period.

Rigorous Emission Requirements

The rise in the rigorous emission requirements across cargo handling services is the vital factor driving the growth of the market over the forecasted period. The equipment with improved fuel efficiency and lower emissions are in high demands for better handling of the shipments, which are also the factors propelling the market growth. Furthermore, the rise in the advancements in cargo shipment handling equipment along with the high usage across various end users further increases the demand for the market. The increasing applications and the growth in the government support and rising level of investments will further boost the market growth over the forecast period.


The report emphasizes the participation of key entities, notably:

Hangcha Forklift (China)

  • Siemens Logistics GmbH (Germany)

  • TOYOTA INDUSTRIES CORPORATION (Japan)

  • Terex Corporation. (U.S.)

  • Anhui Heli (China)

  • Textron Ground Support Equipment Inc. (U.S.)

  • Liebherr-International Deutschland GmbH (Germany)

  • TLD (U.S.)

  • KION GROUP AG (Germany)

  • ABB (U.S.)


Key Highlights in the Report

  • Providing an extensive analysis of the Cargo Handling Equipmentmarket for a holistic understanding.

  • Presenting details about the leading industry players, their product ranges, and strategic approaches.

  • Delving into the prominent regional landscapes where Cargo Handling Equipmentdemonstrates significant growth.

  • Exploring the latest trends and advancements within the industry.

  • Identifying potential and specialized segments/regions poised for notable expansion.

Key Market Segmentation

By Product (Trucks, Man Lifts, Rail Pushers, Electric Pallet Jacks, Excavators, Tractors, Bulldozers, Side Picks), Equipment Type (Aviation Dollies, Stacker, Pallet Jacks, Loaders, Conveyor System, Automated Guided Vehicle, Forklift Trucks, Cranes, Rubber Tired Gantry Cranes, Straddle Carriers, Reach Stackers, Terminal Tractors), Propulsion Type (Diesel, Electric, Others), Cargo Type (Container Cargo, Dry Bulk Cargo, Liquid Bulk Cargo, Break Bulk Cargo, Ro-Ro Cargo), Application (Air Cargo, Marine Cargo, Land Cargo), End User (Automotive, Consumer and Retail, Energy Resources, Manufacturing, Transportation, Others)

Target Audience:

  • Businesses in the Cargo Handling Equipmentindustry

  • Investors and analysts interested in the Cargo Handling Equipmentmarket

  • Anyone who wants to learn more about the Cargo Handling Equipmentmarket

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