Port Equipment Market

By Equipment Type;

Cranes, Forklifts, Automated Guided Vehicles, Tugboats, Terminal Tractors/Yard Tractors, Straddle Carriers and Others

By Fuel Type;

Gasoline, Diesel, Electric-Powered, Hybrid and Others

By Application;

Container Handling, Bulk Handling, Ship Handling and Others

By Mode Of Operation;

Manual and Automated

By Solutions;

Port Software and Port Equipment

By Port Type;

Brownfield and Greenfield

By End User;

Port Authorities, Terminal Operators and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn776886512 Published Date: September, 2025 Updated Date: October, 2025

Port Equipment Market Overview

Port Equipment Market (USD Million)

Port Equipment Market was valued at USD 25,639.57 million in the year 2024. The size of this market is expected to increase to USD 32,181.99 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.3%.


Port Equipment Market

*Market size in USD million

CAGR 3.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.3 %
Market Size (2024)USD 25,639.57 Million
Market Size (2031)USD 32,181.99 Million
Market ConcentrationHigh
Report Pages348
25,639.57
2024
32,181.99
2031

Major Players

  • Liebherr Group
  • KonecranesOyj
  • Sany Heavy Industry Co. Ltd.
  • CVS Ferrari

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Port Equipment Market

Fragmented - Highly competitive market without dominant players


The Port Equipment Market is expanding steadily as global trade and maritime logistics continue to grow. Nearly 48% of seaborne cargo depends on efficient port handling equipment, making cranes, forklifts, and automated systems essential for smooth operations. Rising import-export volumes and the modernization of port facilities are further accelerating demand for advanced handling machinery.

Focus on Energy Efficiency and Sustainability
Close to 40% of newly installed port equipment now integrates eco-friendly technologies such as electric drivetrains and hybrid systems. The push for greener ports is driving manufacturers to innovate sustainable equipment that lowers emissions and complies with environmental standards, making energy efficiency a key growth factor.

Rising Investment in Infrastructure Development
Governments and private operators are investing heavily, with over 45% of port development projects allocating funds to modern handling equipment. These investments are aimed at expanding capacity, supporting larger vessels, and improving cargo management, ultimately fueling consistent growth in equipment adoption worldwide.

Growing Demand for Container Handling Solutions
Containerization continues to dominate trade, with nearly 55% of port equipment usage focused on container handling machinery. Demand for rubber-tired gantry cranes, reach stackers, and straddle carriers is increasing as ports handle larger container volumes, ensuring smooth global logistics operations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Equipment Type
    2. Market Snapshot, By Fuel Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Mode Of Operation
    5. Market Snapshot, By Solutions
    6. Market Snapshot, By Port Type
    7. Market Snapshot, By End User
    8. Market Snapshot, By Region
  4. Port Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Global trade volume
        2. Technological advancements
        3. Automation
      2. Restraints
        1. High initial investment
        2. Maintenance costs
        3. Technological obsolescence
      3. Opportunities
        1. Automation and robotics
        2. Smart port technologies
        3. Green and sustainable equipment
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Port Equipment Market, By Equipment Type, 2021 - 2031 (USD Million)
      1. Cranes
      2. Forklifts
      3. Automated Guided Vehicles
      4. Tugboats
      5. Terminal Tractors/Yard Tractors
      6. Straddle Carriers
      7. Others
    2. Port Equipment Market, By Fuel Type, 2021 - 2031 (USD Million)
      1. Gasoline
      2. Diesel
      3. Electric-Powered
      4. Hybrid
      5. Others
    3. Port Equipment Market, By Application, 2021 - 2031 (USD Million)
      1. Container Handling
      2. Bulk Handling
      3. Ship Handling
      4. Others
    4. Port Equipment Market, By Mode Of Operation, 2021 - 2031 (USD Million)
      1. Manual
      2. Automated
    5. Port Equipment Market, By Solutions, 2021 - 2031 (USD Million)
      1. Port Software
      2. Port Equipment
    6. Port Equipment Market, By Port Type, 2021 - 2031 (USD Million)
      1. Brownfield
      2. Greenfield
    7. Port Equipment Market, By End User, 2021 - 2031 (USD Million)
      1. Port Authorities
      2. Terminal Operators
      3. Others
    8. Port Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cargotec (Kalmar)
      2. Konecranes
      3. Liebherr Group
      4. Shanghai Zhenhua Heavy Industries (ZPMC)
      5. Sany Heavy Industry
      6. Anhui Heli
      7. Toyota Material Handling
      8. Lonking Holdings
      9. Mitsubishi Logisnext
      10. Gaussin
      11. Hyster-Yale Materials Handling
      12. CVS Ferrari
      13. ABB
      14. Terex Corporation
      15. TTS Group
  7. Analyst Views
  8. Future Outlook of the Market