Straddle Carriers Market Expansion Set for 5.7% CAGR from 2023 to 2033

The global straddle carriers market (ストラドルキャリア市場), valued at US$ 800 million in 2023, is expected to reach US$ 1.4 billion by 2033, with a projected compound annual growth rate (CAGR) of 5.7% during the forecast period from 2023 to 2033. Sales of straddle carriers are anticipated to reach 19 thousand units by 2033.

Market Dynamics:

The global straddle carriers market has witnessed significant growth in recent years, driven by the increasing need for efficient container handling at ports and terminals worldwide. Straddle carriers, with their ability to lift and transport heavy containers over short distances, have become an integral part of modern container handling operations.

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One of the key drivers of this market is the growth of international trade, which has led to a surge in container traffic at ports. As ports strive to improve their operational efficiency and handle larger volumes of containers, the demand for straddle carriers has increased. These machines offer a cost-effective and flexible solution for moving containers within the port premises, making them highly sought after by port operators.

Furthermore, the development of automated straddle carriers has further fueled market growth. Automated straddle carriers can operate without human intervention, leading to higher efficiency and productivity. Ports and terminals are increasingly adopting automation to streamline their operations, which is driving the demand for these advanced straddle carriers.

List of Key Companies Profiled in The Report

Kalmar Inc
Cimolai Technology Spa
Konecrane Oyj
Mobicon Systems Pty Ltd
ASCOM S.p.A
Kress Corporation
Cargotec Oyj
Combilift
Liebherr International AG
Cometto S.p.A
NRS AS

Market Future Outlook:

The future outlook for the straddle carriers market (스트래들 캐리어 시장) looks promising, with continued growth expected in the coming years. The increasing size of container ships and the growing complexity of port operations will drive the demand for larger and more advanced straddle carriers. Additionally, the integration of technologies such as artificial intelligence and IoT into straddle carriers will further enhance their capabilities and efficiency.

Asia-Pacific is expected to remain a key market for straddle carriers, driven by the rapid expansion of ports in countries such as China and India. These countries are investing heavily in port infrastructure to meet the growing demand for container handling, which will create significant opportunities for straddle carrier manufacturers.

Market Insights:

The market for straddle carriers is highly competitive, with several global and regional players vying for market share. These companies are focusing on developing innovative products to stay ahead of the competition and cater to the evolving needs of the market.

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One of the emerging trends in the market is the development of electric straddle carriers. With a growing emphasis on sustainability and reducing carbon emissions, port operators are increasingly looking for eco-friendly alternatives to traditional diesel-powered straddle carriers. Electric straddle carriers offer a cleaner and more sustainable solution, making them an attractive option for port operators.

Recent Developments:

The global straddle carriers market (Marché des chariots cavaliers) is characterized by fragmentation, with key players investing heavily in research and development to meet customer demands. Additionally, to enhance their global presence, market players ensure the availability of their products in all regions.

In a recent development, Kalmar, a Cargotec company, has secured an order to supply three Kalmar diesel-electric straddle carriers to Tropical Shipping, a renowned worldwide logistics and freight operator. The order was part of Cargotec's 2022 Q3 order intake, with all units expected to be delivered in Q3 2023. Tropical Shipping, a member of the Saltchuk family of enterprises, is known for its high-quality, on-time transportation solutions. The company operates state-of-the-art facilities in select seaside ports spanning from Canada to South Florida and the US Virgin Islands, catering to customers' freight-shipping needs to and from the Caribbean and the Bahamas.

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