Straddle Carriers

World Market Report

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DATE

FEB 2022

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65

PAGES

207

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USD 4950

CODE

MCP15036


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Global Straddle Carriers Market to Reach 13 Thousand Units by the Year 2026

Straddle carriers, also called straddle trucks, are specialized mobile equipment used for transportation of ISO-standard containers. These highly-versatile machines are widely used in container port terminals for stacking, loading, and unloading containers. These non-road carriers help in improving terminal throughput by decoupling yard and ship-to-shore operations. There is a growing demand for efficient container-handling equipment among port terminal operators across the globe, which is driving increased investment in new fleets that can effectively address the issue of port congestion. Owing to their ability of loading and unloading containers without the assistance of forklifts or cranes, straddle carriers are witnessing an increased demand in the container industry for efficient movement of containers across long distances. Growth in seaborne trade, modernization of freight-carrying equipment, and expansion of port infrastructure in North America are some of the key factors that are likely to play an important role in augmenting growth in the market. Demand is also driven by various macroeconomic as well as industry-specific factors, such as growing investments in Brownfield and Greenfield projects coupled with rising adoption of automated products, albeit the complexities associated with these products for straddle carrier manufacturers.

Amid the COVID-19 crisis, the global market for Straddle Carriers estimated at 10.7 Thousand Units in the year 2022, is projected to reach a revised size of 13 Thousand Units by 2026, growing at a CAGR of 4.6% over the analysis period. Straddle carriers are witnessing significant adoption in recent years owing to the wide range of advantages offered by them, including high productivity, higher effectiveness in bulk handling, and enhanced flexibility in comparison to RTG or RMG handling systems.

The U.S. Market is Estimated at 1.4 Thousand Units in 2022, While China is Forecast to Reach 2.7 Thousand Units by 2026

The Straddle Carriers market in the U.S. is estimated at 1.4 Thousand Units in the year 2022. The country currently accounts for a 13.65% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of 2.7 Thousand Units in the year 2026 trailing a CAGR of 5.6% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 3.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR while Rest of European market (as defined in the study) will reach 2.9 Thousand Units by the end of the analysis period. Asia-Pacific is home to half of the world`s largest ports and hence has emerged as a vital target market for the stakeholders operating in the container industry. In addition, Asia-Pacific countries, such as China, are witnessing a growing need for mined products from the electrical utility, chemical, agriculture, construction, and steel industries, which in turn is propelling an increased demand for freight-carrying equipment, such as straddle carriers.

IoT & AI to Bolster Capabilities of Straddle Carrier

Straddle carrier systems are expected see proliferation of Internet of Thins (IoT), Artificial Intelligence (AI), and sensor-enabled components in the wake of growing emphasis on these concepts in design and engineering of systems and equipment across the board. Straddle carrier manufacturers are increasingly emphasizing IoT, AI, and sensor components to induce additional safety, reliability, transparency and efficiency in operations. The trend reflects the general trend in the shipping and marine industry where automation and digitalization have emerged as the new focus areas for industry participants. As part of its efforts to brace for a change and prepare itself for a transformed post-crisis world, the shipping & marine industry is consistently emphasizing a rapid shift towards digital transformation. Against this backdrop, renewed focus would be placed on IoT, AI, M2M communication and other new and upcoming technologies to improve the logistics process efficiency, environmental sustainability, visibility, transparency, and safety and security in shipping operations.

Concepts such as Ports 4.0 and Maritime 4.0, which are a part of the broader industry 4.0 ecosystem, would gain wider traction in the post COVID-19 shipping & marine industry. Emphasis on `Smart Ships`, `Smart Ports`, and digital logistics will evolve rapidly in tandem with anticipated expansion in the Industry 4.0 ecosystem as a growing number of ports and container shipping companies would rely on disruptive technologies to adapt to existing legal frameworks and to gain competitive edge in the global logistics market. Primarily influenced by the automation theory, straddle carrier manufacturers and developers are aiming to develop modern alternatives that are equipped with AI and IoT. For instance, global equipment provider, Kalmar is focused on identifying the possibilities of integration of 5G connectivity at terminals and ports. As 5G is known for low-latency connectivity and high bandwidth, any such integration will show a new path of possibilities for terminal operators and system providers in a progressive way.

SELECT PLAYERS

ASCOM S.p.A.; Cargotec Oyj; Cimolai Technology Spa; Combilift; Cometto S.p.A.; Kalmar; Konecranes Oyj; Kress Corporation; Mobicon Systems Pty Ltd.; NRS AS

SEGMENTS

» Segment (Straddle Carriers)

GEOGRAPHIES

» World » USA » Canada » Japan » China » Europe » France » Germany » Italy » UK » Spain » Russia » Rest of Europe » Asia-Pacific » Australia » India » South Korea » Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » UAE » Rest of Middle East » Africa

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Straddle Carriers – Global Key Competitors Percentage Market Share in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
2020: A Year of Disruption & Transformation
As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
Brief Review of Pandemic Impact of Transportation & Logistics Sector
EXHBIT: Global Value of Export Trade (In US$ Billion) for the Years 2019 and 2020
Subdued Seaborne Activity & Containerized Trade Weigh on Straddle Carrier Demand
EXHIBIT: Year-on-Year % Change in Container Shipping Volumes by Trade Route: H1202Vs H12019 and H2 2020 Vs H2 2019
Ripple Effects of Trade Imbalance
Spike in Freight Rates & Near-Shoring: Trends with Implications for Straddle Carriers
Industry Witnesses Remarkable Shortage of Containers
Spiraling Freight Rates in Developing Regions
Near-Shoring & Rising Concentration
Straddle Carrier: An Introduction
Benefits and Drawbacks
Key Trends and Drivers
Recent Market Activity
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Expansion of Sea-borne Trade along with Rise in Containerized Trade Worldwide to Drive Demand for Straddle Carriers
EXHBIT: Global Value of Export Trade (In US$ Billion) for the Years 1950, 1970, 1990, 2000, 2010 and 2020
EXHIBIT: Total Seaborne Trade by Group of Economies
EXHIBIT: Largest Container Ports in the World by Volume: 2020
EXHIBIT: Global Container Trade Projections in Million TEUs by Trade Route: 2021and 2025
Increasing Ship Sizes and Cargo Volumes Drive Demand
Rise in Number of Port Terminals Boost Growth Prospects
Growing Focus of Port Terminals to Upgrade Existing Fleet to Drive Opportunities
Robust Demand for Efficient Shipping Containers Augments Demand
Expected Rise in Uptake of Intermodal Transport to Drive Growth
International Trade Scenario Favors Market Growth
Recent Technological Advances in Straddle and Shuttle Carriers
Electric Straddle Carriers Reduce Greenhouse Emissions
EXHIBIT 4: Global C02 Emissions (In Billion Metric Tons) for Years 2009 Through 2020
EXHIBIT 5: Carbon Neutrality Goals of Various Countries
Hybrid Straddle Carriers Widen Uptake
PSA Antwerp to Evaluate Dual Fuel Straddle Carriers
Unmanned Straddle Carriers Seek Role in Driving Efficiency at Port Terminals
Port & Terminal Automation & Evolving Dynamics at Forefront of Straddle Carrier Adoption
Automated Straddle Carriers to Remain at Core of Terminal Automation Efforts
Automated Terminals: Primary Merits
Rise in Greenfield and Brownfield Automation Projects Lend Growth Opportunities
Strong Focus on Safety & Speed Creates Ideal Ground for Straddle Carriers
IoT & AI to Bolster Capabilities of Straddle Carrier
Mini Straddle Carriers Witness Growth
4. GLOBAL MARKET PERSPECTIVE
World Recent Past, Current & Future Analysis for Straddle Carriers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
World Historic Review for Straddle Carriers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Straddle Carriers by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2021 & 2027
UNITED STATES
Straddle Carriers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
USA Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
USA Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
CANADA
Canada Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Canada Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
JAPAN
Straddle Carriers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
Japan Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Japan Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
CHINA
Straddle Carriers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
China Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
China Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
EUROPE
Straddle Carriers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
Europe Recent Past, Current & Future Analysis for Straddle Carriers by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
Europe Historic Review for Straddle Carriers by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Straddle Carriers by Geographic Region - Percentage Breakdown of Volume Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2021 & 2027
FRANCE
Straddle Carriers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
France Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
France Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
GERMANY
Straddle Carriers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
Germany Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Germany Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
ITALY
Italy Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Italy Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
UNITED KINGDOM
Straddle Carriers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
UK Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
UK Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
SPAIN
Spain Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Spain Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
RUSSIA
Russia Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Russia Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
REST OF EUROPE
Rest of Europe Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Rest of Europe Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
ASIA-PACIFIC
Straddle Carriers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
Asia-Pacific Recent Past, Current & Future Analysis for Straddle Carriers by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
Asia-Pacific Historic Review for Straddle Carriers by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
Asia-Pacific 15-Year Perspective for Straddle Carriers by Geographic Region - Percentage Breakdown of Volume Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2021 & 2027
AUSTRALIA
Straddle Carriers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)
Australia Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Australia Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
INDIA
Straddle Carriers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)
India Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
India Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
SOUTH KOREA
South Korea Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
South Korea Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
REST OF ASIA-PACIFIC
Rest of Asia-Pacific Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Rest of Asia-Pacific Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
LATIN AMERICA
Straddle Carriers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)
Latin America Recent Past, Current & Future Analysis for Straddle Carriers by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
Latin America Historic Review for Straddle Carriers by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
Latin America 15-Year Perspective for Straddle Carriers by Geographic Region - Percentage Breakdown of Volume Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2021 & 2027
ARGENTINA
Argentina Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Argentina Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
BRAZIL
Brazil Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Brazil Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
MEXICO
Mexico Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Mexico Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
REST OF LATIN AMERICA
Rest of Latin America Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Rest of Latin America Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
MIDDLE EAST
Straddle Carriers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)
Middle East Recent Past, Current & Future Analysis for Straddle Carriers by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
Middle East Historic Review for Straddle Carriers by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
Middle East 15-Year Perspective for Straddle Carriers by Geographic Region - Percentage Breakdown of Volume Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2012, 2021 & 2027
IRAN
Iran Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Iran Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
ISRAEL
Israel Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Israel Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
SAUDI ARABIA
Saudi Arabia Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Saudi Arabia Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
UNITED ARAB EMIRATES
UAE Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
UAE Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
REST OF MIDDLE EAST
Rest of Middle East Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Rest of Middle East Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
AFRICA
Straddle Carriers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)
Africa Recent Past, Current & Future Analysis for Straddle Carriers by Segment - Straddle Carriers - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
Africa Historic Review for Straddle Carriers by Segment - Straddle Carriers Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2019 and % CAGR
Total Companies Profiled: 46

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