Container Handling Equipment Market Size, Share, Analysis, Outlook 2025
The container handling equipment market 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 need for container handling equipment would be fueled by growing containerized trade globally, strict emission requirements for container handling equipment, and high demand in Asia Pacific and...
Container Handling Equipment Market Rising by Growing Automation Level in Container Handling Equipment by 2018-2025
As per the United Nations Conference on Trade And Development (UNCTAD), the global seaborne trade volume touched 10 billion tons in 2015, which included exports and imports of dry cargo including bulk commodities and containerized trade. The constantly increasing containerized trade coupled with the rising trend of port automation to cope up with the increased demand has led to automated equipment...