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Tuesday, January 20, 2026

Lucintel Forecasts the Global Shipping and Port Material Handling Equipment Market to Grow with a CAGR of 3.6% from 2024 to 2031

According to a market report by Lucintel, the future of the global shipping and port material handling equipment market looks promising with opportunities in the container handling, bulk handling, stacking, and general cargo markets. The global shipping and port material handling equipment market is expected to grow with a CAGR of 3.6% from 2024 to 2031. The major drivers for this market are the increasing demand for efficient logistics operations, the rising adoption of automation in ports, and the growing need for faster cargo handling.

A more than 150-page report to understand trends, opportunity and forecast in global shipping and port material handling equipment market to 2031 by equipment type (cranes, bulk material handling equipment, and others), power source (diesel, electric/battery, hybrid, and others), operation mode (manual, semi-automatic, and fully automatic), application (container handling, bulk handling, stacking, general cargo, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the equipment type category, crane is expected to witness higher growth over the forecast period.

Within the application category, container handling is expected to witness the highest growth.

Download sample by clicking on shipping and port material handling equipment market.

In terms of region, APAC is expected to witness the highest growth over the forecast period.

A. R. Equipment, Anhui Heli, Cargotec Corporation, CVS Ferrari, Hyster Company, Jost’s Engineering Company, Konecranes, Liebherr Group, Lonking Holdings Limited, Mitsubishi Logisnext are the major suppliers in the shipping and port material handling equipment market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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