Container Handling Equipment Market Overview, Competitive Landscape and Forecasts 2030
The global container handling equipment market was valued at USD 8.03 billion in 2024 and is forecasted to grow significantly, reaching a projected value of USD 10.31 billion by 2030. This expansion is expected to occur at a compound annual growth rate (CAGR) of 4.4% from 2025 to 2030. One of the primary drivers contributing to this growth is terminal automation, which refers to the partial or complete replacement of human-operated systems with automated machinery and processes. This technological shift has become a pivotal trend in the container handling equipment sector. Recent findings published by PubMed Central underscore the substantial untapped potential in this domain. According to the research, only 3% of the global container terminals are currently either fully or partially automated. This low penetration indicates significant room for expansion and modernization in the industry. Notably, the pace of automation has accelerated markedly in the past decade....