The global port equipment market expected to grow to USD 9 Bln

By 2025, the global container handling equipment market will grow at a CAGR of 4.24% to reach a size of USD 8.75 billion from an estimated USD 6.28 billion in 2017. Factors like increase in cargo transportation and need for cargo-handling equipment for growing volumes will drive the market for automated container handling equipment, while stricter emission norms will drive electric and hybrid equipment demand. Read More