Transparency Market Research (TMR) provides key insights on the container handling equipment market in its latest report titled “Container Handling Equipment Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026.” According to the report, strong demand from Asia Pacific & Middle East coupled with the stringent emission norms are predicted to drive the container handling equipment market during the forecast period.

The report has segmented the container handling equipment market in terms of type, tonnage capacity, propulsion, and region. In terms of tonnage capacity, the global container handling equipment market is split into less than10 tons, 10-40 tons, 41-70 tons, and 71-100 tons. On the basis of propulsion, the global container handling equipment market is categorized into diesel, electric, and hybrid. The electric propulsion segment is anticipated to grow at a robust rate during the forecast period due to an increase in stringency in emission regulations.

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Industrial equipment emission norms have constantly been upgraded across different regions. Countries such as China, Japan, South Korea, and India are also following similar norms in line with these standards. Due to these stringent emission norms and the need for increased operational efficiency, the electric propulsion segment is expected to expand at a significant CAGR during the forecast period. Based on engine capacity, the global container handling equipment market can be classified into less than 7 liters, 7-10 liters, and more than 10 liters. Based on the power output, the global container handling equipment market is divided into less than 150 kW, 150-200 kW, 201–300 kW, and more than 300 kW.

In terms of region, the container handling equipment market has been segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. China is a global leader in terms of container handling capacity. The ports in Shanghai (China), Shenzhen (China), Hong Kong, Ningbo-Zhoushan (China), Singapore, and Keihin (Japan) handle millions of twenty foot equivalent units (TEU) annually, which is driving the growth of the global container handling equipment market in Asia Pacific. The globsal container handling equipment market in Asia Pacific is estimated to expand due to a rise in container traffic increase in demand for container handling equipment, and automation at ports.

Prominent players operating in the global container handling equipment market are included in this report and these are Kalmar, Konecranes, Liebherr, Hyster, Sany, ZPMC, Lonking, Anhui Heli, CVS Ferrari, and Hoist Liftruck.

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