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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.
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 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 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.