Market Forecast By Propulsion (Diesel, Electric, Others), By Application (Air, Marine, Land), By Equipment Type (Aviation dollies, Stacker, Pallet jack, Loaders, Conveyor system, Automated guided vehicle, Forklift Trucks, Cranes, Rubber-Tired Gantry Cranes, Straddle Carriers, Reach Stackers, Terminal Tractors) And Competitive Landscape
Product Code: ETC002719 | Publication Date: May 2020 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Qatar Cargo Handling Equipment market currently, in 2023, has witnessed an HHI of 1285, Which has increased slightly as compared to the HHI of 1060 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Qatar Cargo Handling Equipment Market report thoroughly covers the market by Equipment Types, Propulsion, and Applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Qatar Cargo Handling Equipment Market will witness significant growth during the forecast period 2024 – 2030. The growing aviation industry, government initiatives, and strategic location of the Qatar are some of the driving factors of the market.
According to 6Wresearch, the Qatar Cargo Handling Equipment Market size is expected to grow at a significant CAGR of 7% during 2024-2030. The growing aviation industry, including passenger and cargo traffic, is a major driver for the market. Additionally, with its strategic location as a hub for international trade and commerce, Qatar has seen an increase in demand for cargo handling equipment to support its rapidly expanding logistics sector. Moreover, the government's initiatives towards modernizing and expanding airports and seaports have led to an increased need for advanced and efficient handling equipment.
One of the major challenges is the high initial cost of purchasing and maintaining this equipment. Moreover, strict regulations and safety standards set by aviation authorities also pose a challenge for companies in this sector.
Some of the prominent players operating in the Qatar cargo handling equipment market include Toyota Material Handling Middle East, Konecranes, Hyster-Yale Group, Kalmar Global, Liebherr Group, Sany Heavy Industry Co. Ltd., and Crown Equipment Corporation. These companies are constantly investing in research and development activities to improve their product offerings and gain a competitive edge in the market. They also focus on strategic partnerships, collaborations, and acquisitions to expand their presence geographically and enhance their product portfolio.
One of the major initiatives undertaken by the Qatari government is the implementation of the National Logistics Strategy, which aims to position Qatar as a leading global logistics hub. Additionally, Qatar's Ministry of Transport and Communications announced the launch of a multi-purpose port to cater to the growing demand for cargo handling services. The government has also invested in upgrading existing ports and developing new ones, such as Hamad Port, which is now one of the largest ports in the Middle East. Furthermore, Qatar has established free zones and special economic zones that offer various incentives and benefits to companies operating in the logistics sector. Moreover, the Qatari government has implemented policies to promote local production and reduce reliance on imports. This has led to the establishment of domestic companies that manufacture cargo handling equipment and offer maintenance and repair services.
The Qatar Cargo Handling Equipment market’s future looks promising due to factors such as rapid infrastructure development, increasing trade activities, and growing demand for efficient and automated cargo handling solutions. Furthermore, there is a growing trend towards implementing eco-friendly and sustainable solutions, which will lead to a rise in demand for electric and hybrid cargo handling equipment.
According to Ravi Bhandari, Research Head, 6Wresearch, the aviation dollies segment is expected to experience significant growth in the Qatar cargo handling equipment market due to the increase in air freight traffic and the need for efficient handling of cargo at airports.
The electric propulsion segment is witnessing rapid growth in the market due to its eco-friendly, cost-effective, producing less noise pollution, and increasing awareness towards sustainable practices.
Based on various applications, the air segment is dominating the market due to the rise in international trade and e-commerce activities, an increase in online shopping, and Qatar's strategic location.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Qatar Cargo Handling Equipment Market Overview |
3.1 Qatar Cargo Handling Equipment Market Revenues and Volume, 2020-2030F |
3.2 Qatar Cargo Handling Equipment Market Revenue Share, By Equipment Types, 2020 & 2030F |
3.3 Qatar Cargo Handling Equipment Market Revenue Share, By Propulsion, 2020 & 2030F |
3.4 Qatar Cargo Handling Equipment Market Revenue Share, By Application, 2020 & 2030F |
3.5 Qatar Cargo Handling Equipment Market - Industry Life Cycle |
3.6 Qatar Cargo Handling Equipment Market - Porter’s Five Forces |
4. Qatar Cargo Handling Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Qatar Cargo Handling Equipment Market Trends |
6. Qatar Cargo Handling Equipment Market Overview, by Propulsion |
6.1 Qatar Diesel Cargo Handling Equipment Market Revenues and Volume, 2020-2030F |
6.2 Qatar Electric Cargo Handling Equipment Market Revenues and Volume, 2020-2030F |
6.3 Qatar Others Cargo Handling Equipment Market Revenues and Volume, 2020-2030F |
7. Qatar Cargo Handling Equipment Market Overview, by Equipment Type |
7.1 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Aviation dollies, 2020-2030F |
7.2 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Stacker, 2020-2030F |
7.3 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Pallet jack, 2020-2030F |
7.4 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Loaders, 2020-2030F |
7.5 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Conveyor system, 2020-2030F |
7.6 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Automated guided vehicle, 2020-2030F |
7.7 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Forklift Trucks, 2020-2030F |
7.8 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Cranes, 2020-2030F |
7.9 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Rubber-Tired Gantry Cranes, 2020-2030F |
7.10 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Straddle Carriers, 2020-2030F |
7.11 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Reach Stackers, 2020-2030F |
7.12 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Terminal Tractors, 2020-2030F |
8. Qatar Cargo Handling Equipment Market Overview, by Application |
8.1 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Air, 2020-2030F |
8.2 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Marine, 2020-2030F |
8.3 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Land, 2020-2030F |
7.2 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Counter Top, 2020-2030F |
8. Qatar Cargo Handling Equipment Market Overview, by Application |
8.1 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Commercial, 2020-2030F |
8.2 Qatar Cargo Handling Equipment Market Revenue and Volumes, By Household, 2020-2030F |
9. Qatar Cargo Handling Equipment Market Key Performance Indicators |
10. Qatar Cargo Handling Equipment Market Opportunity Assessment |
10.1 Qatar Cargo Handling Equipment Market Opportunity Assessment, By Types, 2030F |
10.2 Qatar Cargo Handling Equipment Market Opportunity Assessment, By Propulsion, 2030F |
10.3 Qatar Cargo Handling Equipment Market Opportunity Assessment, By Application, 2030F |
11. Qatar Cargo Handling Equipment Market Competitive Landscape |
11.1 Qatar Cargo Handling Equipment Market By Companies, 2023 |
11.2 Qatar Cargo Handling Equipment Market Competitive Benchmarking, By Operating Parameters |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |