The global port equipment market size was estimated at USD 15.71 billion in 2024 and is anticipated to grow at a CAGR of 3.5% from 2025 to 2030. The exponential increase in global trade necessitates the expansion and efficiency of port operations.
As international trade volumes grow, there is a pressing demand for modern, efficient, and automated port equipment to handle cargo with greater speed and accuracy. This development mandate ports to upgrade their equipment and infrastructure to remain competitive, driving the market for advanced handling machinery. Furthermore, surge in maritime traffic and the consequent need for environmental sustainability within port operations is expected to drive the port equipment market. Ports worldwide are increasingly investing in "green" equipment that reduces emissions and energy consumption to comply with international environmental regulations and standards. This shift towards sustainability is not only a response to regulatory pressures but also to growing environmental awareness and the demand for cleaner operations in the maritime industry. This trend is fueling the demand for electric and hybrid equipment, leading to innovation and growth in the port equipment market.
The technological advancements are significantly propelling the port equipment market. Innovations such as automation, electrification, and digitalization enhance operational efficiency, safety, and sustainability in port operations. Automated equipment reduces human error and workforce costs, while electrification helps ports reduce carbon footprints, aligning with global environmental goals. Furthermore, digitalization, through the Internet of Things (IoT) and blockchain, improves logistics, tracking, and management of cargo, ensuring smoother and faster operations. These advancements meet the increasing demands for cargo handling capacity and efficiency, thus driving market growth.
Global Port Equipment Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the port equipment market on the basis of operation, equipment type, power, and region:
Operation Outlook (Revenue, USD Billion, 2018 - 2030)
Conventional
Autonomous
Power Outlook (Revenue, USD Billion, 2018 - 2030)
Diesel
Electric
Hybrid
Equipment Type Outlook (Revenue, USD Billion, 2018 - 2030)
Heavy Forklifts
Reach Stackers
Container Handlers
Terminal Tractors
Others
Regional Outlook (Revenue, USD Billion, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Asia Pacific
Japan
China
India
Australia
South Korea
Latin America
Brazil
Argentina
Middle East & Africa
South Africa
Saudi Arabia
UAE
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.4. Information Procurement
1.4.1. Purchased Database
1.4.2. GVR's Internal Database
1.4.3. Secondary Sources
1.4.4. Third Party Perspective
1.4.5. Information Analysis
1.5. Information Analysis
1.5.1. Data Analysis Models
1.5.2. Market Formulation & Data Visualization
1.5.3. Data Validation & Publishing
1.6. Research Scope and Assumptions
1.6.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Port Equipment Market Variables, Trends, & Scope
3.1. Market Concentration & Penetration Outlook
3.2. Industry Value Chain Analysis
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Drivers Analysis
3.5.2. Market Restraints Analysis
3.5.3. Market Opportunity Analysis
3.5.4. Market Challenge Analysis
3.6. Port Equipment Market Analysis Tools
3.6.1. Porter's Analysis
3.6.1.1. Bargaining power of the suppliers
3.6.1.2. Bargaining power of the buyers
3.6.1.3. Threats of substitution
3.6.1.4. Threats from new entrants
3.6.1.5. Competitive rivalry
3.6.2. PESTEL Analysis
3.6.2.1. Political landscape
3.6.2.2. Economic and Social landscape
3.6.2.3. Technological landscape
3.6.2.4. Environmental landscape
3.6.2.5. Legal landscape
3.7. Economic Mega Trend Analysis
Chapter 4. Port Equipment Market: Operation Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Port Equipment Market: Operation Movement Analysis, 2024 & 2030 (USD Billion)
4.3. Conventional
4.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.4. Autonomous
4.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Port Equipment Market: Power Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Port Equipment Market: Power Movement Analysis, 2024 & 2030 (USD Billion)
5.3. Diesel
5.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.4. Electric
5.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.5. Hybrid
5.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Port Equipment Market: Equipment Type Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Port Equipment Market: Equipment Type Movement Analysis, 2024 & 2030 (USD Billion)
6.3. Heavy Forklifts
6.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.4. Reach Stackers
6.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.5. Container Handlers
6.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.6. Terminal Tractors
6.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.7. Others
6.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Port Equipment Market: Region Estimates & Trend Analysis
7.1. Port Equipment Market Share, By Region, 2024 & 2030, USD Billion
7.2. North America
7.2.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.2.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.2.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.2.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.2.5. U.S.
7.2.5.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.2.5.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.2.5.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.2.5.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.2.6. Canada
7.2.6.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.2.6.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.2.6.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.2.6.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.2.7. Mexico
7.2.7.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.2.7.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.2.7.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.2.7.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.3. Europe
7.3.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.3.2. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.3.3. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.3.4. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.3.5. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.3.6. UK
7.3.6.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.3.6.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.3.6.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.3.6.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.3.7. Germany
7.3.7.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.3.7.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.3.7.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.3.7.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.3.8. France
7.3.8.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.3.8.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.3.8.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.3.8.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.3.9. Italy
7.3.9.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.3.9.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.3.9.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.3.9.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.3.10. Spain
7.3.10.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.3.10.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.3.10.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.3.10.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.3.10.5.
7.4. Asia Pacific
7.4.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4.2. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4.3. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.4.4. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.4.5. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.4.6. China
7.4.6.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4.6.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.4.6.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.4.6.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.4.7. India
7.4.7.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4.7.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.4.7.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.4.7.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.4.8. Japan
7.4.8.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4.8.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.4.8.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.4.8.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.4.9. South Korea
7.4.9.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4.9.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.4.9.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.4.9.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.4.10. Australia
7.4.10.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4.10.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.4.10.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.4.10.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.5. Latin America
7.5.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.5.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.5.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.5.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.5.5. Brazil
7.5.5.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.5.5.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.5.5.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.5.5.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.5.6. Argentina
7.5.6.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.5.6.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.5.6.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.5.6.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.6. Middle East & Africa
7.6.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.6.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.6.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.6.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.6.5. South Africa
7.6.5.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.6.5.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.6.5.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.6.5.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.6.6. Saudi Arabia
7.6.6.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.6.6.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.6.6.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.6.6.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
7.6.7. UAE
7.6.7.1. Port Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.6.7.2. Port Equipment Market Estimates and Forecasts by Operation, 2018 - 2030 (USD Billion)
7.6.7.3. Port Equipment Market Estimates and Forecasts by Power, 2018 - 2030 (USD Billion)
7.6.7.4. Port Equipment Market Estimates and Forecasts by Equipment Type, 2018 - 2030 (USD Billion)
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis by Key Market Participants