Port Equipment Market

MarketsandMarkets: The Port Equipment Market is estimated to be USD 18.2 billion in 2022 and is projected to reach USD 20.0 billion by 2027, at a CAGR of 1.9% from 2022 to 2027. The market is driven by factors such as rise in global focus on building new ports and upgrading the existing ports, wide adoption of smart ports.

Major Port Equipment Companies Include:

• Kalmar (Finland)
• Konecranes Abp (Finland)
• Liebherr Group (Switzerland)
• Sany Heavy Industry Co., Ltd. (China)
• Shanghai Zhenhua Heavy Industries (ZPMC) (China)

These companies have well-equipped manufacturing and distribution networks across North America, Europe, Asia Pacific, Middle East, and Rest of the World.

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Kalmar

Kalmar is a fully owned subsidiary of Cargotec Corporation (Finland). The company provides cargo handling equipment and services for seaports, terminals, distribution centers, and heavy industries. It manufactures and sells straddle & shuttle carriers, terminal tractors, rail-mounted gantry (RMG) cranes, rubber tire gantry (RTG) cranes, yard cranes, ship to shore cranes, reach stackers, empty container handlers, and forklift trucks, among other equipment. Its container handling equipment is used for intermodal and industrial handling.

Konecranes Abp

Konecranes Abp offers equipment for multiple industries, such as general manufacturing, automotive, mining, steel, power, petrochemicals & gas, pulp & paper, shipyards, container handling, metal production, and nuclear. The company provides container handling equipment with a stacking capacity range of 35 to 150 tons for intermodal applications, barge handling, and industrial handling. It has a strong foothold in the material handling equipment industry and serves customers at 600 locations in more than 50 countries.

Liebherr Group

Liebherr Group is one of the largest manufacturers of construction machinery. It mainly operates through the following business segments: earthmoving, material handling technology, deep foundation machines, mining, mobile and crawler cranes, tower cranes, concrete technology, maritime cranes, aerospace and transportation systems, gear technology and automation systems, and refrigerators and freezers. Its maritime cranes division provides port equipment and develops, manufactures, and services cranes for handling cargo, among others. Liebherr Group is comprised of over 140 companies (40 production companies), which are present in more than 50 countries on every continent. The company is a leader in the field of maritime and commercial cranes.

Sany Heavy Industry Co., Ltd.

Sany Heavy Industry Co., Ltd. offers concrete machinery, excavators, cranes, and other products for different industries, such as construction, mining, piling, petroleum, ports, and wind turbine. The company offers container handling equipment through its Port Machinery product segment.

Shanghai Zhenhua Heavy Industries (ZPMC)

Shanghai Zhenhua Heavy Industries (ZPMC) is a heavy equipment manufacturer. The company offers a wide range of port equipment, including ship to shore cranes, rail mounted gantry cranes, and rubber tired gantry cranes. ZPMC operates through 8 manufacturing units located in Shanghai, Nantong, and Jiangyin, spread across a total area of 670 hectares

Related Reports:

Port Equipment Market by Solutions (Equipment, Software & Solutions), Investment (New Ports, Existing Ports), Application, Type (Diesel, Electric, Hybrid), Operation (Conventional, Autonomous) and Region - Global Forecast to 2027

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