Port Equipment Market was valued at US$ 8.26 Bn. in 2023. Global Port Equipment Market size is estimated to grow at a CAGR of 4.93%.
Port Equipment Market Overview:
Port equipment is used to handle various types of material at the port, including cargo and machinery. Port equipment is a material handling solution for port infrastructure and application, which is used for loading and unloading commodities and passengers. The port equipment consists of reach tractors, goosenecks, stackers, forklift trucks, trailers, and ship-to-shore cranes.