Global Straddle Carrier Growth Opportunities, Forecast to 2030

Description

Electrification, Autonomous Vehicles, and Smart Port Solutions Hold Long-Term Potential

Straddle carriers are used for intermodal operations in ports and terminals for stacking containers and transporting between quay crane and container exchange area. They are valued for their flexibility. The industry has grown significantly in recent years, with a global market size of $1.1 billion in 2022, and will likely record a 7.0% compound annual growth rate (CAGR) to reach $1.9 billion in 2030. Factors driving the industry include globalization, environmental regulations, and automation and connectivity.

Frost & Sullivan forecasts the United States and Europe to register resilient CAGRs of 6.0% and 6.2%, respectively, between 2022 and 2030. India and China will likely record strong CAGRs of 11.4% and 7.3%, respectively, for the same period because of expansion of port and logistics operations.

Cargotec, Konecranes, ZPMC, Mobicon, and Liebherr are major companies with a strong presence in multiple markets and a range of products. A pivot toward more sustainable and efficient vehicles with a focus on reducing emissions and improving fuel efficiency characterizes the industry. This drives innovation, with manufacturers developing electrification and autonomous technologies.

Product Code: PF8E-42

Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Straddle Carrier Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Main Findings
Scope of Analysis

Global Economic Outlook

Gross Domestic Product (GDP) Growth
GDP Growth by Region

Growth Opportunity Analysis

Growth Drivers
Growth Restraints
Port Activity
Container Capacity at Ports
Major Ports in the World
Straddle Carrier Technical Description
Straddle Carrier Performance Analysis
Port Requirement Specification Log
Regulatory Impact-The United States
Regulatory Impact-Europe

Trend Analysis

Top Trends Driving the Straddle Carrier Market
Trend 1-Electrification
Charging-as-a-Service (CaaS) Business Model
Trend 2-Autonomous Straddle Carrier
Trend 3-Smart Port Technology
Smart Port Architecture
The Future of Smart Ports
Major Smart Ports and Technology

Competitive Landscape

Major Players and Product Launches
Partners in the Port Terminal Industry
Competitive Environment
Key Competitors
Market Share

Market Forecast

Growth Metrics
Forecast Considerations
Unit Sales Forecast
Unit Sales Forecast by Region
Revenue Forecast
Revenue Forecast by Region
EIO Forecast
EIO Forecast by Region

Growth Opportunity Universe

Growth Opportunity 1-Electrification and Emission Reduction Solutions
Growth Opportunity 2-Autonomous Straddle Carriers
Growth Opportunity 3-Smart Port Systems
List of Exhibits
Legal Disclaimer