The Port and Material Handling Equipment Vehicle Market Research Report provides an in-depth analysis of current trends, latest developments, scenarios, market size, various driving factors, limiting factors, and major players and their brief details. The research report provides historical data for 2022 and 2027, as well as forecast data from 2022 to 2027 based on income. With all this information, research reports can help market participants improve their market position. With the help of all these insights, the port and material handling equipment vehicle market research report recommends a business strategy for current market participants to strengthen their position in the market.
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The global port and material handling equipment vehicle market is expected to reach a compound annual growth rate of 5.2% in 2022-2027.
The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. The top companies in the industry include: ABB Group, American Crane Equipment Company, Anhui Heli, Comfort, CVS Ferrari, FAMUR FAMAK SA, Hyster Forklift, Kalmar Global, Konecranes, Liebherr, Lonking Holdings, McKenna Libart Engineering, Sany Group, Shanghai Zhenhua Heavy Industry Industries (ZPMC), TIL Limited, Timars Svets & Smid AB, TTS,
ABB has acquired 40 companies, 8 of which were acquired in the past 5 years. A total of 12 acquisitions came from private equity firms. It also divested 7 assets.
ABB's largest acquisition to date was in 2010, when it bought Baldor Electric for $4.2B. The largest transaction it disclosed occurred in 2021, when it sold its ABB-DODGE mechanical power transmission business to RBC Bearings for US$2.9B. ABB has made acquisitions in 8 different states and 16 countries in the United States. The company's most targeted industries include electrical equipment (39%) and technical hardware (17%).
Port and material handling equipment vehicle market segmentation:
The port and material handling equipment vehicle market is segmented by type:
The port and material handling equipment vehicle market is segmented by application:
Port and material handling equipment vehicles are used for material handling in seaports. These are tractors, stackers and forklifts that are used to transport materials from ship terminals to warehouses and distribution centers in ports.
The increase in international freight has stimulated the demand for ports and material handling equipment vehicles. Globalization and trade growth supported by the economic recovery are driving freight forwarding, which in turn drives sales of ports and material handling equipment and vehicles. Ports all over the world are expanding to cope with the ever-increasing container loading and unloading volume, which in turn promotes the sales of ports and material handling equipment and vehicles. Automatic and semi-automatic technologies are being incorporated into towing trailers to achieve better ergonomics.
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Europe is a leader in the global port and handling equipment vehicle market. More than 74% of the cargo entering and leaving Europe is handled by ports that widely use ports and material handling equipment vehicles. North America is the main trading gateway, witnessing the main flow of international goods from Asia Pacific and Europe. Sales of North American ports and material handling equipment vehicles have increased. It is expected that the demand for these vehicles will grow steadily during the forecast period.
Major players operating in the global port and material handling equipment vehicle market include Cargotec, Toyota Industries, Liebherr, Mitsubishi Heavy Industries, Terex, Hyster, ABB and Savy Group.
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Important features and main highlights of the report:
-Detailed overview of the port and material handling equipment vehicle market
– Changing industry market dynamics
– In-depth market segmentation by type, application, etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
-Competitive landscape of the port and material handling equipment vehicle market
– Strategy and product supply of key players
– Shows promising growth potential and niche market segments/regions.
The report gives the following answers:
Covid-19 impact and recovery analysis:
The primary goal of this port and material handling equipment vehicle market document is to provide quantitative records in the form of charts and graphs. Information about market fundamentals is provided for readers. Readers of all stakeholders will understand the market situation and corporate environment, because it needs to go through this carefully planned market analysis. Through this port and material handling equipment vehicle market document collection, the impact of COVID-19 on the market prosperity has become smooth.
The global port and material handling equipment vehicle market report may be modified to meet your specific business needs. Because we understand the needs of our customers, we provide up to 20% customization for any of our market intelligence data reports, and all our users do not need to pay additional fees.
Market Intelligence Data is a global leader in the research industry, providing customers with contextual and data-driven research services. The organization supports customers in formulating business plans and achieving long-term success in their respective markets. The industry provides consulting services, market intelligence data research and customized research reports.
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