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Loaded Container Handler Market

Loaded Container Handler Market

Loaded Container Handler Market Analysis by Product Type (Diesel, Electric, Hybrid Loaded Container Handler), by Application (10-40 T, 41-70 T, 71-100 T), by Region - Global Forecast 2022-2032

Loaded Container Handler Market
FACT639MR

Global Loaded Container Handler Market Outlook

The global loaded container handler market is estimated at USD 2.5 Billion in 2022 and is forecast to surpass USD 3.9 Billion by 2032, growing at a CAGR of 4.5% from 2022 to 2032.

Report Attributes

Details

Base Year Value (2021A)

USD 2.4 Billion

Estimated Year Value (2022E)

USD 2.5 Billion

Projected Year Value (2032F)

USD 3.9 Billion

Global Growth Rate (2022-2032)

 CAGR 4.5%

North America Market Share in 2021

~28%

North America Growth Rate (2022-2032)

CAGR ~4.8%

Collective Value Share (US, China, India) 2022: Top 3 Countries

~44%

Top 5 Companies Market Share in 2021

~20%

Key Companies Profiled

  • Taylor
  • Hyster
  • Kalmar
  • Caterpillar
  • Fantuzzi
  • PPM
  • Paceco
  • Mi-Jack
  • Ottawa
  • Other Market Players

The global loaded container handler market is likely to create an absolute dollar opportunity of USD 1.4 Billion by the end of 2032. The global loaded container handler market holds ~32% of the global container handler market.

2017-2021 Global Loaded Container Handler Market Outlook in Comparison to 2022-2032 Growth Forecast

Loaded container handlers are widely used for heavy-duty applications at seaports and terminals for moving multiple loaded containers for both shorter and longer distances, while providing fast lifting cycles. Growing seaborne trade worldwide is auguring the demand for loaded container handlers.

Rapidly advancing technology coupled with growing industrial preference for efficient, safe, and fast loading and de-loading of heavy containers has led to increased innovation penetration in the loaded container handler market. Loaded container handler manufacturers are increasingly developing innovative variants to maximize weight distribution, minimize trash spillage, and ensure transport safety even at high speed.

Growing penetration of cutting-edge technology in the loaded container handler market is likely to push the sales of high performing and convenience-ensuring variants for optimal operational efficiency. Harbors that are seeking highly fuel efficient, productive and safe load carrying machines are likely to adopt the innovative loaded container handlers significantly.

The trend of rental loaded container handlers is gaining momentum in the companies seeking low cost temporary loading solutions to save additional costs. Consequently leading companies in the loaded container handler market are increasingly penetrating into rental services vertical to appeal the base of customers seeking temporary solutions.

Fact.MR projects the loaded container handler market is expected to witness exhibiting growth at 4.5% CAGR during 2022 and 2032 in comparison to a CAGR of 3.0% with which it grew from 2017 and 2021.

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Government Initiatives and Enhanced Applications to Propel Market Growth

Global loaded container handler market is anticipated to grow significantly on the back of rising government initiatives and funding for marine trade, and increasing consumer awareness about manifold benefits of these machines.

Loaded container handler is popularly used in port terminals and shipping yards for most rugged applications. They are capable to stack up 4 to 6 containers in 1 row while providing fast lifting cycles. In the recent years, loaded container handler is gaining increasing demand on the coattails of growing seaborne trade across the globe. Product innovations are readily adopted by the manufacturers of loaded container handler. Toyota, one of the leading players of loaded container handler market, equips its product with touchscreen display and latest advancements in forklift technology.

Continued focus of manufacturers in the development of innovative products that can minimize trash spillage, maximize weight distribution, and allow safe transport at higher speed will possibly open new growth avenues of loaded container handler market.

Loaded container handler is also required to provide excellent comfort and better visibility to the operator for smooth operation and safety. Emergence of highly efficient products with reduced fuel consumption, emissions, and low noise is likely to accelerate the loaded container handler market growth in the coming years. Rapid economic growth coupled with increasing government initiatives and funding on marine trade in emerging economies are expected to guide the future expansion of global loaded container handler market.

With the focus on the growth of maritime trade, growing container freight station (CFS) activities, and rising demand for container handling equipment, the report forecasts growth of global loaded container handler market between the period of 2018 and 2027. The report reveals a competitive landscape of leading global manufacturers and disruptive technology innovation that are important to understand in making business decisions.

Loaded container handlers are highly sought after in heavy-duty applications at seaports, terminals, and high traffic material handling areas for moving loaded containers for shorter as well as longer distances. The equipment is an excellent combination of mechanics, physics and machine design. Efficiency of these equipment’s is enhanced by implementation of technology, ergonomics, and productivity.

Growth of Seaborne Trade to Boost Market Growth

Industrialization as well as globalization are prime fillips fueling the expansion of seaborne trade. It is one of the important means of the international trade. As per the data of the United Nations Conference on Trade and Development (UNCTAD), seaborne trade in terms of the operation of merchant ships contributes approximately US$ 380 billion in freight rates in the global economy, representing 5% of the total world trade. Further, the one road and one belt initiative leverages road and sea transportation to expand the international trade activities.

Favorable macroeconomic factors and deployment of newer and innovative technologies are boosting the offshore trade activities. Loaded container handlers have higher demand in seaports where loading and unloading of containers take place. They are used in offshore facilities where containers are distributed to and from port side and delivery centers such as barge, transit sheds, warehouses, railway wagons and road vehicle.

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Fusion of Technology Excellence to Enhance Equipment Capability

To perform heavy-duty applications, design of container handling equipment include features that enable the machine to achieve desired results. For this, the vehicle is loaded with few of the excellent technologies that enhance durability, serviceability, productivity, ergonomic features and low cost ownership. Fuel efficiency, higher productivity and smooth operations are few of the prerequisites of the loaded container handlers.

Fuel efficiency is achieved by durable components of powertrain and drivetrains that are equipped with hydraulic system which efficiently utilize hydraulic fluids and lubricating oils. Also, the engines have low end torque to meet the heavy load lifting demands.

As operations of these heavy-duty vehicles need proper training, implementation of ergonomic features has enhanced the driver’s ability to operate the handler smoothly and efficiently. These features include wider visibility to allow clear forward vision with the vision of twistllocks and rear obstacles. Controls and displays are also located at position to provide comfortable reach and maximum productivity.

To enhance the speed of overall operation, the machines are improved with decreased cycle time of different operations. With the decreased cycle time, lifting as well as stacking efficiency is increased. This, in turn, reduces the overall operation time. Advanced vehicles have integrated components that self-diagnose need of service and maintenance. This reduces the downtime while providing greater uptime.

Rental and Resale: Common Activities in Container Handling Industry

Rental and resale activities are common practices in material as well as container handling industries. There are multiple local as well as international players that are providing with a host of material and container handling equipment’s. Further, leading global providers are involved in rental activities to deliver loading-unloading solutions to clients that look for a temporary solution. Manufacturers have introduced attractive options for renting a portable forklift ramp such as convenient monthly payment, and leasing contracts.

Competitive Landscape: Top Companies in Loaded Container Handler Market

The global loaded container handler market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.

Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the growth of loaded container handler.

Fact.MR has provided detailed information about price points of key manufacturers in loaded container handler market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

For instance:

  • Taylor increased its stake in Grindrod Shipping in 2021. This is in line with the strategy of Taylor to accelerate growth opportunities and will accelerate its fleet to 29 vessels
  • Hyster in 2021 launched new range of cabin and engine for container handlers and lift trucks. This will allow for low cost of ownership and emission regulations

Global Loaded Container Handler Market by Category

  • By Product Type, Global Loaded Container Handler Market is segmented as:

    • Diesel
    • Electric
    • Hybrid
  • By Application, Global Loaded Container Handler Market is segmented as:

    • 10-40 T
    • 41-70 T
    • 71-100 T
    • Others
  • By Region, Global Loaded Container Handler Market is segmented as:

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

- FAQs -

The global value of loaded container handler market is estimated to be worth over USD 2.5 Billion in 2022.
The demand is anticipated to surpass USD 3.9 Billion by 2032 end.
During 2017-2021, global loaded container handler market grew at 3.0% CAGR.
Some of the prominent players in loaded container handler market are Taylor, Hyster, Kalmar, Caterpillar, Fantuzzi, PPM, etc.
North America tops the global loaded container handler market accounting for 28.1% of global market share in 2022.
Electric segment under the product type segment contributes 41.2% of market share in global sales of loaded container handler.

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