Container Handling Equipment Market Size

The global container handling equipment market was valued at USD 8.6 billion in 2024 and is projected to grow at a CAGR of 5.4% between 2025 and 2034, driven by increasing global trade and containerized cargo. As international trade increases, there is a rising demand for efficient and reliable container handling systems at ports and logistics hubs. The shift toward containerization of goods, driven by cost savings and standardized shipping, fuels the need for advanced container handling equipment like cranes, stackers, and automated systems. Additionally, port expansions and infrastructure investments contribute to this demand. This trend is expected to continue as global trade volumes increase and supply chains become more complex.

For instance, In June 2024, the Indian government announced the establishment of a major port in Vadhavan, Maharashtra, as part of a maritime expansion plan. This is anticipated to generate demand for container handing equipment in the coming years. Another key driver of market is the adoption of automation and digital technologies in ports and terminals. The integration of automated cranes, robotics, and advanced software systems helps increase efficiency, reduce operational costs, and enhance safety. Automation also addresses labor shortages and optimizes container throughput, making ports more competitive. This technological shift is accelerating demand for high-tech equipment that can meet modern logistics needs.

Container Handling Equipment Market Trends

Major key players operating in the container handling equipment industry are collaborating to leverage combined expertise, resources, and technologies to meet the growing demands of modern port infrastructure. These partnerships enable companies to share the financial and technical burdens of large-scale projects, such as building new deep-water berths or integrating automation systems. Collaboration also helps improve efficiency, reduce operational costs, and expedite project timelines. Additionally, by joining forces, companies can access new markets and expand their customer base. Strategic alliances, like the one between APM Terminals and Hateco Group, also support the deployment of innovative solutions, boosting overall competitiveness.

One key challenge in the container handling equipment market is the high initial capital investment required for advanced equipment like STS cranes and automated systems. These machines are expensive to manufacture, install, and maintain, which can be a significant barrier for smaller ports or terminals with limited budgets. Additionally, the long payback periods for these high-cost assets can deter investment, especially if the demand for cargo handling is uncertain. The costs associated with upgrading older infrastructure to accommodate new technologies also add to the financial strain. As a result, many operators look for external financing, partnerships, or government support to mitigate these challenges.

Container Handling Equipment Market Analysis

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Based on the propulsion, the market is segmented into diesel, electric and hybrid. In 2024, the diesel segment accounted for over 60% of the market share and is expected to exceed USD 6 billion by 2034, due to its established infrastructure, reliability, and cost-effectiveness. Diesel-powered equipment offers greater mobility and flexibility, especially in environments like ports or warehouses where electric infrastructure may not be readily available. Diesel engines provide higher power output, making them suitable for heavy-duty operations, such as large cranes and forklifts.

Furthermore, diesel fuel is widely available and relatively affordable, ensuring lower operational costs. The technology is also well-understood and has been optimized over decades, making diesel-powered equipment a go-to choice for operators who prioritize performance and reliability. Despite the push for cleaner technologies, the diesel segment remains dominant due to these practical advantages.

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Based on the capacity, the market is divided into Up to 10 tons, 10-50 tons, 50 tons and above. The OEM segment held above 45% of the market share in 2024. The Up to 10 tons capacity segment dominates the container handling equipment market due to its versatility, lower cost, and widespread application across various industries. These cranes are suitable for smaller-scale operations such as warehouses, manufacturing facilities, and ports handling medium-sized cargo, making them highly popular. Their affordability compared to higher-capacity equipment also makes them accessible to a wide range of operators. The ability to handle various tasks like lifting, stacking, and moving goods in tight spaces further boosts demand. As smaller businesses and ports continue to expand their logistics capabilities, this segment is expected to maintain its market dominance.

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In 2024, the China accounted for a market share of above 30% in Asia Pacific and is expected to exceed USD 1.5 billion by 2034. China dominates the container handling equipment market due to its strong manufacturing capabilities, cost efficiency, and large-scale production. As the world's largest exporter and a critical hub for global trade, China has invested heavily in port infrastructure, driving demand for advanced handling equipment. Leading Chinese manufacturers, like ZPMC, produce a wide range of cranes and handling systems at competitive prices, positioning them as market leaders.

Additionally, China’s vast experience in automation and technology integration enhances its market dominance. The country also benefits from a highly integrated supply chain, ensuring rapid production and delivery of equipment globally.

The container handling equipment market in North America is driven by robust port infrastructure and a high demand for efficient cargo handling due to significant trade volumes. The U.S. and Canada have invested heavily in port modernization and automation, leading to increased demand for advanced cranes and equipment. The market is also influenced by a shift toward sustainability, with many operators adopting eco-friendly technologies. Automation, including the use of automated guided vehicles (AGVs) and cranes, is rapidly gaining traction to improve operational efficiency. Furthermore, the U.S. trade policies and continued expansion of logistics hubs further fuel market growth.

Europe’s container handling equipment market is driven by the region's strategic location as a global trade hub, with ports like Rotterdam, Hamburg, and Antwerp handling significant trade volumes. The market is seeing a trend toward automation, with European ports leading in the adoption of automated terminals and smart logistics systems. Sustainability and environmental regulations are also shaping equipment choices, with a focus on reducing emissions and increasing energy efficiency. The market is supported by continuous investments in port expansion, including upgrades to deep-water berths. Geopolitical factors, such as Brexit and trade agreements, are influencing port operations and equipment demand in the region.

Container Handling Equipment Company Market Share

Liebherr, Cargotec and Konecranes collectively held a substantial market share of over 45% in the container handling equipment market in 2024, due to their established global presence, extensive product portfolios, and technological expertise. These companies are leaders in manufacturing reliable, high-performance cranes and lifting equipment, known for their durability and efficiency. They have continuously invested in automation and digital technologies, enhancing their market competitiveness by offering cutting-edge solutions like automated cranes and smart logistics systems.

Their strong customer base, long-standing industry relationships, and comprehensive service networks further solidify their leadership. Additionally, these companies' commitment to sustainability and reducing environmental impact has made them preferred choices in the market.

Container Handling Equipment Market Companies

Major players operating in the container handling equipment industry are:

• Cargotec
• Hyster-Yale
• Jungheinrich
• Konecranes
• Liebherr
• Palfinger
• SANY Group
• Terex
• TMEIC
• Toyota Industries
  

Container Handling Equipment Industry News

• In November 2024, ZPMC has delivered three STS cranes to Hateco Hai Phong International Container Terminal (HHIT) in Vietnam, marking the first collaboration between ZPMC and HHIT. The cranes are part of a project that will include five STS cranes, designed for two new deep-water berths at Lach Huyen port. These berths, with a combined length of 900 meters, will accommodate container ships of up to 18,000 TEU. The project, which started in July 2022, is expected to enhance Northern Vietnam's trade with European and American markets. APM Terminals is providing financial and technical support to the project.
  
• In June 2024, Kalmar, a part of Cargotec, launched a new electric empty container handler at the TOC Europe 2024 event. This eco-efficient model is part of Kalmar's broader range of electric solutions, including reach stackers and forklifts, designed to support decarbonization in cargo handling. The handler offers various configurations with capacities from 9 to 11 tonnes and stacking heights up to 8+1 high. It includes multiple battery size options (163, 293, 391 kWh) to suit different operational needs and features an energy-efficient design to optimize performance and battery life. Kalmar's latest innovation builds on customer demand for electrification, enhancing operational efficiency and reducing environmental impact.
  

The container handling equipment market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and volume (Units) from 2021 to 2034, for the following segments:

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Market, By Equipment

• Automated Stacking Crane (ASC)
• Empty Container Handling Forklift Truck (FLT)
• Laden Forklift Truck (FLT)
• Mobile Harbor Crane (MHC)
• Rail Mounted Gantry (RMG) Crane
• Reach Stacker
• Rubber Tired Gantry (RTG) Crane
• Ship to Shore (STS) Crane
• Others

Market, By Application

• Port terminals
• Railway terminals
• Inland Container Depots (ICDs)
• Logistics hubs

Market, By Propulsion

• Diesel
• Electric
• Hybrid

Market, By Capacity

• Up to 10 tons
• 10-50 tons
• 50 tons and above

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Nordics
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Southeast Asia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • UAE
  • Saudi Arabia
  • South Africa