Global Port Equipment Market Size & Outlook, 2025-2030
The global port equipment market size was estimated at USD 15,710.2 million in 2024 and is projected to reach USD 19,001.6 million by 2030, growing at a CAGR of 3.5% from 2025 to 2030.
Revenue, 2024 (US$M)
$15,710.2
Forecast, 2030 (US$M)
$19,001.6
CAGR, 2025 - 2030
3.5%
Report Coverage
Worldwide
Global port equipment market, 2018-2030 (US$M)
Related Markets
Global port equipment market highlights
- The global port equipment market generated a revenue of USD 15,710.2 million in 2024 and is expected to reach USD 19,001.6 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 3.5% by 2030.
- In terms of segment, reach stackers accounted for a revenue of USD 5,240.8 million in 2024.
- Terminal Tractors is the most lucrative equipment type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, South Korea is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 15,710.2 million |
| Market revenue in 2030 | USD 19,001.6 million |
| Growth rate | 3.5% (CAGR from 2025 to 2030) |
| Largest segment | Reach stackers |
| Fastest growing segment | Terminal Tractors |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Heavy Forklifts, Reach Stackers, Container Handlers, Terminal Tractors |
Other key industry trends
- In terms of revenue, the North America accounted for 24.2% of the global port equipment market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 457.9 million by 2030.
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Port Equipment Market Scope
Port equipment market segmentation & scope
Port Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Toyota Motor Corp ADR | View profile | 380793 | 1 Toyota-cho, Aichi Prefecture, Toyota, Japan, 471-8571 | https://www.global.toyota |
| Konecranes Oyj | View profile | 16553 | Koneenkatu 8, P.O. Box 661, Hyvinkaa, Finland, FI-05801 | https://www.konecranes.com |
| Anhui Heli | View profile | 5001-10000 | Hefei, Anhui, China, Asia | http://www.helichina.com |
| Cargotec Oyj ADR | View profile | 11266 | Porkkalankatu 5, Helsinki, Finland, 00180 | https://www.cargotec.com |
| Liebherr Group | View profile | 10001+ | Biberach An Der Riß, Baden-Wurttemberg, Germany, Europe | http://www.liebherr.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
Global port equipment market size, by regions, 2018-2030 (US$M)
Top 10 countries: Port equipment market size, 2024 (US$M)
Global port equipment market share, by equipment type, 2024 & 2030 (%, US$M)
Port equipment market: Opportunity assessment by country
Global port equipment market, by region, 2024 (US$M)
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