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.

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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.

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