About the Report
“Straddle Carrier Market Forecast, Trend Analysis and Competition Tracking – Global Review 2018-2028” is a comprehensive compilation of various data and key insights that key stakeholders can use and apply in their routine business setting.
The extensive research study on straddle carrier market is a detailed report covering 17 chapters along with tables and figures representing key metrics of the market.
The report on straddle carrier market includes data estimations in terms of US$ Mn along with volume projections (in terms of units) for a period of 10 years, form 2018 till 2028.
The forecast highlights are illuminated in the report for the reader’s perusal, which reflect actionable intelligence supporting in planning and executing future moves.
Also, the report provides a real-time coverage on several industry-specific and macroeconomic aspects that emboss a significant influence on the adoption of straddle carriers and overall market’s growth.
This report can provide key participants market with an ocean of actionable intelligence including but not limited to country wise analysis, segmental snapshot, competitive analysis and detailed impact analysis.
Straddle carriers are also referred to as straddle trucks that are used as freight handling equipment.
The equipment functions by carrying the freight load underneath it by using a straddling process.
This cargo handling system has the ability to unload and load without use of forklifts or cranes, making straddle carriers a beneficial freight carrying equipment.
There are various types of straddle carrier variants, namely, manual, automatic and semi-automatic that have varying loading capacities.
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Increasing Adoption of Automated Terminals to Fuel Straddle Carrier Demand
Automation has not left any industry untouched and is spreading at a significant pace as one of the most prominent trends across industrial applications, including shipping.
Automated terminals have been gaining substantial traction with growing focus toward high productivity and efficient operation.
Moreover, automated solutions have penetrated the container terminal space in a bid to solve the challenges faced by larger ships apropos of effective containerization.
With automated terminals, waiting and turnaround times for ships is reduced, which is driving their adoption across major ports worldwide.
This factor is likely to present potential pathways of growth for straddle carriers in the coming years.
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Rising Private-Public Partnerships in Ports to Stimulate Growth
Growth in international trade, particularly using sea routes, has presented lucrative opportunities for port handling equipment such as straddle carriers.
However, high initial investments in port handling equipment coupled with heavy manpower is likely to impact the trading scenario.
In a bid to facilitate trade progress, various countries are adopting private-public partnerships wherein management and operational responsibilities are delegated to private companies with assets and land delegated to the government.
This trend is expected to relieve the high initial investment tension associated with terminal development at ports.
This factor in combination with increasing focus toward enhancement of production has significantly pushed the growth of intermodal container leasing sector, consequently stimulating growth of straddle carrier market.
Development of Unmanned Straddle Carriers in the Offing – New Trend Fostering Adoption
Largely influenced by the automation concept, manufacturers of straddle carriers are focusing on investing in research and development to introduced modern variants that are equipped with Artificial Intelligence.
With Internet of Things (IoT) proliferating in every sector, manufacturers have leveraged its potential to develop Artificial Intelligence unmanned straddle carriers.
For instance, Chinese company, ZPMC, involved in the straddle carrier manufacturing has come up with an AI straddle carrier.
This has resulted in reduction of terminal staff that can be used to carry out other tasks, along with horizontal transportation efficiency enhancement of port terminals by more than 50 percent.
In addition, the company claims that the accuracy quotient of autonomous AI straddle carrier is almost 100 percent, facilitating higher productivity and efficiency.
An Adaptive Approach to Modern-day Research Needs
Strong Demand for Highly Efficient Shipping Containers
Shipping industry has witnessed significant improvements on the back of technological advances since the past few years.
Enhancements in straddle carriers have translated into a higher success quotient for container ships in terms of cargo handling.
Moreover, manufacturers shifting focus toward gearless variants without use of shipboard cranes has resulted in increasing demand for effective shipping containers such as straddle carriers.
In addition, growing demand for speed-up unloading and loading of cargo has provided an impetus to the adoption of highly efficient and superior capacity containers such as straddle carriers in turn supporting the growth of the straddle carrier market.
Overcapacity and Low Freight Rates to Confine Growth
Increasing dependence of industries such as manufacturing, mining and energy on the shipping industry on the back of rising requirement of raw material supply and end products has resulted in growth of bulk trading.
Bulk commodity trading, accounting for a significant percentage in overall sea-borne trade, is expected to present potential growth prospects for use of straddle carriers.
Large fleet size coupled with relatively slow global trade has translated into overcapacity conditions with falling freight rates.
For instance, in 2016, BDI fell to 290 owing to slow economic growth in China. Moreover, low freight rates and overcapacity have resulted in increase in bulk trade.
This factor is likely to emboss an adverse impact on the shipping container business, in turn negatively impacting the growth of the straddle carrier market.
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The straddle carrier market illuminates an in-depth competitive landscape section covering several facets of major players involved in the manufacturing and distribution of straddle carriers.
Various competitive intelligence aspects such as SWOT analysis, market shares, product portfolio analysis, innovations and strategies, to name a few, have been covered in the competitive landscape section of the report.
In addition, key developments of major companies in the straddle carrier market have also been included.
For instance, TPT (Transnet Port Terminals) has unveiled a new diesel-electric straddle carrier that features high productivity and performance along with reduced operating and maintenance costs.
The report on straddle carrier market also profiled other players such as
- Kalmar Inc.
- Konecrane Oyj.
- Liebherr International AG
- Mobicon Systems Pty Ltd.
The straddle carrier market includes historical data, current market scenario as well as forecasts on every market segment.
Analysis on straddle carrier market covers a detailed scrutiny on straddle carrier loading capacity as well as stacking of containers on straddle carrier.
It also includes an in-depth analysis on lift type, drive type, operation type, application type and region.
The loading capacities include insights on the use of straddle carrier with less than 40T, 40T, 50T and more than 50T. Stacking of containers includes analysis on mini straddle carrier, 1-over-1, 1-over-2 and 1-over-3 straddle carriers.
Insights on single and twin lift is included in the lift type segment of the straddle carrier market. Straddle carrier’s drive type includes analysis on hydraulic, electric and hybrid drives.
With respect to operation type, the report reflects detailed acumen on manual, semi-automatic and automatic straddle carriers.
The application scope of straddle carriers includes analysis on their demand in port terminals, intermodal yards and others.
The regional analysis on straddle carrier market includes insights on various regions along with country level analysis.
The regional analysis is carried across key regions of North America, Latin America, Europe, Japan, CIS & Russia, Asia Pacific excluding Japan (APEJ) and Middle East and Africa (MEA).
The country level analysis includes scrutiny of straddle carrier demand and sales across the United States, Canada, Germany, Spain, Italy, Brazil, Mexico, Argentina, United Kingdom, Greater China, India, South Korea, ASEAN countries, GCC countries and Iran, to name a few.
Straddle Carrier Market Scope Of The report
Fact.MR has come up with a new research study on straddle carrier market with focus on the global scenario reflecting adoption and sales of straddle carriers.
The research report on straddle carrier includes inherent insights on various market facets that govern the growth in adoption of various straddle carriers.
The report covers in-depth analysis on various market participants. The study includes a separate section on competition analysis that reveals various facets of the competition intelligence including product portfolio assessment, developments and initiatives, go-to-market strategies, key growth strategies, mergers and acquisitions, and key financials of key companies.
The competitive dashboard provided by the report offers the readers with key insights that can be actioned to gain significant hold over the market for planning future expansions or establishing a global footprint in the coming years.
In-depth profiling of top companies involved in straddle carrier market has been carried out to offer a complete clarity on value propositions that these companies are offering.
Intelligence on the competitive landscape in the report also includes list of companies spread across countries along with analysis on routine operational activities.
Straddle Carrier Market: Segmentation
In a bid to understand various intricacies associated with straddle carriers, the report includes a detailed market segmentation which covers every angle of the market to portray a holistic overview.
Detailed value projections on every market segment along with a year-on-year assessment and market attractiveness of every segment across every key country worldwide has been covered in the report using an in-depth market segmentation.
The straddle carrier market report covers assessment on various key segments such as loading capacity, stacking of container, lift type, drive type, operation type, application type and regions.
In-depth Coverage on Straddle Carrier Market – Highlighting Factors Impacting Revenue Growth
The report on straddle carrier market includes detailed coverage on several underlying facets that can potentially impact the growth in adoption of straddle carriers across key regions.
The report includes historical data analysis and current scenario along with future market projections for a period of 10 years, from 2018 till 2028. Several dynamics such as key drivers, trends, opportunities and restraints impacting the growth of the straddle carrier market have been covered in the report.
A thorough analysis on straddle carrier market along with PEST analysis and Porter’s five forces model offers a thorough scrutiny to the reader.
Moreover, analysis on supply chain and value chain have also been included in the report.
The report also illuminates other macroeconomic aspects such as shipping industry analysis, seaborne trading analysis, containerization sector and industry stakeholder viewpoints, in turn providing a complete overview on the straddle carrier market.
Straddle Carrier Market: Unique Research Process to Glean Accurate Revenue Projections
The report on straddle carrier market has been drafted using an exclusive research process that is a unique combination of primary and secondary research processes.
The straddle carrier market has been tracked across major regions across the globe including a country level analysis using this methodology.
The process begins with a secondary research initiative that provides a high level overview of the market followed by primary research.
In primary research, interviews with key stakeholders, market observers, opinion leaders and subject matter experts are conducted across all regions to gain a high level deep dive into the intricacies of the straddle carrier market.
The data gathered from one interview is verified in the next and the process continues till the completion of the research. Moreover, with a triangulation method, highly accurate researched data is obtained using which key insights have been drawn.
Straddle Carrier Market: Systematic Report Structure
The report on straddle carrier market is highly structured and begins with an executive summary, followed by market overview and forecast analysis.
The overview section of the report includes market introduction, report scope and definition.
The executive summary section of the report underlines all essentials of the market in a nutshell that can be used as a starting point for readers to gain a gist on the straddle carrier market.
The straddle carrier market report is drafted in an organized manner for the convenience of the reader making it easier to navigate through the sections of the report.
The straddle carrier market report can be used by the reader to formulate key strategies and make future moves to attain growth in the years to follow.
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Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
What are the sources of secondary research?
Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
Who are the respondents for primary research?
Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.
Is a sample of this report available for evaluation?
Yes, you can request a sample, and it will be sent to you through an email.