[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
- Mail: sales@clearviewmarketinsights.com
- Phone: +1 917-993-7369
