- In 2020, the two leading cargo key players, PayCargo and IBS software decided to start the joint organization in collaboration which allows the API-based combination and also provides an upgraded computerized instalment stage in cargo handling equipment which generated profitable revenues for both companies.
Frequently Asked Questions
The market is segmented based on Segmentation, By Product (Trucks, Man Lifts, Rail Pushers, Electric Pallet Jacks, Excavators, Tractors, Bulldozers, Side Picks), Equipment Type (Aviation Dollies, Stacker, Pallet Jacks, Loaders, Conveyor System, Automated Guided Vehicle, Forklift Trucks, Cranes, Rubber Tired Gantry Cranes, Straddle Carriers, Reach Stackers, Terminal Tractors), Propulsion Type (Diesel, Electric, Others), Cargo Type (Container Cargo, Dry Bulk Cargo, Liquid Bulk Cargo, Break Bulk Cargo, Ro-Ro Cargo), Application (Air Cargo, Marine Cargo, Land Cargo), End User (Automotive, Consumer and Retail, Energy Resources, Manufacturing, Transportation, Others) – Industry Trends and Forecast to 2032
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The Global Cargo Handling Equipment Market size was valued at USD 25.49 USD Billion in 2024.
The Global Cargo Handling Equipment Market is projected to grow at a CAGR of 3.05% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.