Cargo Handling Equipment Market to Exceed USD 52 Bn as Automation...

Cargo Handling Equipment Market to Exceed USD 52 Bn as Automation and Sustainability Reshape Global Logistics

Posted 2025-04-26 07:03:21

[Hyderabad, April 26th, 2025]— The global cargo handling equipment market is projected to grow from USD 28.4 Bn in 2023 to USD 52.7 Bn by 2031 (8.4% CAGR), according to ClearView Market Insights. This 86% expansion is driven by e-commerce demands, port automation, and decarbonization mandates transforming logistics infrastructure.

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Section 1: Market Transformation Drivers

1.1 E-Commerce Boom

Global parcel volume to hit 300B annually by 2026
Automated sortation systems handling 85% of Amazon facilities

1.2 Green Port Initiatives

California's AB 2836: Bans diesel equipment at ports by 2030
EU's Fit for 55: Requires 50% emission cuts at terminals

Section 2: 2024 Innovations

2.1 Autonomous Equipment

System	Capability	Deployment
Konecranes AutoRTG	AI stacking (200 moves/hr)	12 global terminals
Hyster ReachStackers	All-weather lidar operation	LA/Long Beach Port

2.2 Alternative Power Adoption

Hydrogen fuel cells: 120+ units ordered in 2024
Fast-charging lithium: 30-minute full charges becoming standard

Section 3: Future Outlook

2024-2026:

50% of new port equipment will be zero-emission
AI-powered predictive maintenance adopted at top 20 ports

2027-2031:

90% automated container terminals in developed markets
Digital twin technology monitors 100% of major port assets

· For more insights, visit https://clearviewmarketinsights.com/

· About Clearview Market Insights:

· Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.

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· Bhavani K

· Marketing and Sales Head

· ClearView Market Insights

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