Last Updated: 23-07-2025 | Format: PDF | Report ID:1383 | Author: Clara
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | Revenue (USD Million) |
| What is the projected market size by 2035? | $5,425 Million |
| What is the market CAGR from 2025 to 2035? | 6.2% |
| Which region dominates the market? | West Coast (40%) |
| Which product/service type dominates the market? | Cranes (31%) |
| Which application leads the market? | Ports (43%) |
| Who are the major buyers? | Port Authorities (34%), Logistics & Warehousing Companies (28%) |
| What are the key market growth drivers? | Rapid port automation and adoption of electric/hybrid handling equipment—exemplified by Konecranes’ 2024 rollout of smart; Expansion of e-commerce and omni-channel logistics requiring advanced container handling in major warehouse networks—highlighted by Mitsubishi Logisnext’s recent partnership with US distribution leaders for integrated handling solutions |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| What are the major market challenges? |
| High initial capital costs for advanced automated and electrified equipment—demonstrated by smaller US port authorities facing funding delays for automation projects; Complex integration with legacy assets |
| What is the forecast period? | 2026–2035 |
| Who are the key market players? | Hyster-Yale Materials Handling, Inc.; Cargotec Corporation (Kalmar); Konecranes Plc; Liebherr Group; Mitsubishi Logisnext Co., Ltd.; SANY Group; Taylor Machine Works, Inc.; Toyota Industries Corporation; Terex Corporation; CVS Ferrari; Hoist Material Handling; Anhui Heli Co., Ltd.; ZPMC; Kion Group AG; Hyster Company |
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