Port Equipment Market Size Study, By Type, Application, And Regional Forecasts 2027

The Port Equipment Market is projected to grow from USD 18.2 billion in 2022 to USD 20.0 billion by 2027, at a CAGR of 1.9%.
Port equipment comprises different systems that support loading and unloading containers and bulk cargo from ships to shores, shores to warehouses, and vice versa. Equipment such as ship-to-shore cranes, empty and laden forklift trucks, rail mounted gantry (RMG) cranes, rubber tired gantry (RTG) cranes, straddles, and reach stackers are used to transport containers, cargos, and other heavy lift items over short distances along the ports.

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