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Container Handling Equipment Market Share

Report ID: GMI12513
Published Date: Dec 2024
Report Format: PDF

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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

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The global market for container handling equipment was reached 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.

The diesel segment accounted for over 60% of the market share in 2024 and is expected to exceed USD 6 billion by 2034, due to its established infrastructure, reliability, and cost-effectiveness.

The Up to 10 tons capacity segment dominated the market in 2024, owing to its versatility, lower cost, and widespread application across various industries, making it highly popular.

In 2024, China accounted for over 30% of the market share in Asia Pacific and is expected to exceed USD 1.5 billion by 2034, led by its strong manufacturing capabilities and significant investments in port infrastructure.

Key players in the industry include Cargotec, Hyster-Yale, Jungheinrich, Konecranes, Liebherr, Palfinger, SANY Group, Terex, TMEIC, and Toyota Industries.