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: ETC002735 | Publication Date: May 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Africa Cargo Handling Equipment market currently, in 2023, has witnessed an HHI of 3692, Which has decreased slightly as compared to the HHI of 5044 in 2017. The market is moving towards concentrated. 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.
South Africa Cargo Handling Equipment Market is expected to witness growth in the upcoming years owing to growing investment coupled with growing overseas trade, rapid industrialization, improved economic condition, and expanding import and export coupled with increased production. Moreover, developing e-commerce and the growing need for the automation industry would propel the growth of the cargo handling equipment market in South Africa.
According to 6wresearch, the South Africa Cargo Handling Equipment Market size is projected to grow during 2020-2026. In terms of application, the marine segment is expected to hold the cargo handling equipment market revenue share in South Africa on account of the rising seaborne trade and an increase in maritime shipping. Furthermore, the cargo handling equipment market in South Africa is anticipated to witness negative growth in the economy during the first quarter of 2020 due to the coronavirus pandemic which has spread a worse impact on the worldwide business. However, the market in South Africa is anticipated to recover with healthy growth in the economy during the second half of 2020-2026.
Based on propulsion, the diesel segment is holding major revenue in the cargo handling equipment market share over the past few years owing to a lack of electric infrastructure in the country and low fuel cost.
The South Africa Cargo Handling Equipment market report thoroughly covers the market by Equipment types, Propulsion, and application. The South Africa Cargo Handling Equipment Market outlook report provides an unbiased and detailed analysis of the ongoing South Africa Cargo Handling Equipment Market trends, opportunities/high growth areas, market drivers, and South Africa Cargo Handling Equipment Market share by companies, which would help stakeholders to device and align market strategies according to the current and future market dynamics.
South Africa Cargo Handling Equipment Market is expected to witness substantial growth on the back of the rising trade activities in the country. Additionally, South Africa conveyed its export by the sea that indicates a rise in seaborne trade, and here are several seaports established in the country such as Richards Bay and Durban, and Mossel bay where loading and unloading cargo practices remain at the fastest pace by using cargo cranes and cranes support the marine trade is estimated to bolster the growth of cargo handling equipment market in the country in the coming timeframe. Further, top exporting categories are platinum, iron, and vehicles which concurrently support the cargo handling equipment deployment at times loading and unloading process and is estimated to spur the growth of the South Africa cargo handling equipment market in the coming timeframe.
South Africa cargo handling equipment market is expected to gain momentum in the upcoming six years backed by the rising optimistic growth of the e-commerce platforms underpinned by increased internet access in the country. Further, the fashion segment is the top-selling online in the country followed by toys and electronics & media, as a result rising need to maintain large stock in the warehouse where the high requirement of cargo handling equipment like forklift has been Proven evident to transport goods in short-range. Moreover, the emerging e-commerce platform is estimated to support the growth of the Saudi Arabia cargo handling equipment market in the coming timeframe.
South Africa cargo handling equipment market is anticipated to register sound revenues throughout the forecast period 2020-26F backed by the rising growth of the EXIM industry in the country. The main export of the country are gold, platinum, and machinery, and the top trading countries are European Union, China, the US, Japan, and India. In the country, Richard Bay Durban considered the busiest commercial sea trade and I expected to increase the growth of the cargo handling equipment like a crane to load and h load heavy cartons and this is estimated to bolster the impressive growth of the South Africa cargo handling equipment market in the years ahead.
Key Highlights of The Reports
Markets Covered
The South Africa Cargo Handling Equipment Market 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. South Africa Cargo Handling Equipment Market Overview |
3.1 South Africa Cargo Handling Equipment Market Revenues and Volume, 2016-2026F |
3.2 South Africa Cargo Handling Equipment Market Revenue Share, ByEquipment Types, 2019 & 2026F |
3.3 South Africa Cargo Handling Equipment Market Revenue Share, By Propulsion, 2019 & 2026F |
3.4 South Africa Cargo Handling Equipment Market Revenue Share, By Application, 2019 & 2026F |
3.5 South Africa Cargo Handling Equipment Market - Industry Life Cycle |
3.6 South Africa Cargo Handling Equipment Market - Porter’s Five Forces |
4. South Africa Cargo Handling Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. South Africa Cargo Handling Equipment Market Trends |
6. South Africa Cargo Handling Equipment Market Overview, by Propulsion |
6.1 South Africa Diesel Cargo Handling Equipment Market Revenues and Volume, 2016-2026F |
6.2 South Africa Electric Cargo Handling Equipment Market Revenues and Volume, 2016-2026F |
6.3 South Africa Others Cargo Handling Equipment Market Revenues and Volume, 2016-2026F |
7. South Africa Cargo Handling Equipment Market Overview, by Equipment Type |
7.1 South Africa Cargo Handling Equipment Market Revenue and Volumes, By Aviation dollies, 2016-2026F |
7.2 South Africa Cargo Handling Equipment Market Revenue and Volumes, By Stacker, 2016-2026F |
7.3 South Africa Cargo Handling Equipment Market Revenue and Volumes, By Pallet jack, 2016-2026F |
7.4 South Africa Cargo Handling Equipment Market Revenue and Volumes, By Loaders, 2016-2026F |
7.5 South Africa Cargo Handling Equipment Market Revenue and Volumes, By Conveyor system, 2016-2026F |
7.6 South Africa Cargo Handling Equipment Market Revenue and Volumes, By Automated guided vehicle, 2016-2026F |
7.7 South Africa Cargo Handling Equipment Market Revenue and Volumes, By Forklift Trucks, 2016-2026F |
7.8 South Africa Cargo Handling Equipment Market Revenue and Volumes, By Cranes, 2016-2026F |
7.9 South Africa Cargo Handling Equipment Market Revenue and Volumes, By Rubber-Tired Gantry Cranes, 2016-2026F |
7.10 South Africa Cargo Handling Equipment Market Revenue and Volumes, By Straddle Carriers, 2016-2026F |
7.11 South Africa Cargo Handling Equipment Market Revenue and Volumes, By Reach Stackers, 2016-2026F |
7.12 South Africa Cargo Handling Equipment Market Revenue and Volumes, By Terminal Tractors, 2016-2026F |
8. South Africa Cargo Handling Equipment Market Overview, by Application |
8.1 South Africa Cargo Handling Equipment Market Revenue and Volumes, By Air, 2016-2026F |
8.2 South Africa Cargo Handling Equipment Market Revenue and Volumes, By Marine, 2016-2026F |
8.3 South Africa Cargo Handling Equipment Market Revenue and Volumes, By Land, 2016-2026F |
9. South Africa Cargo Handling Equipment Market Key Performance Indicators |
10. South Africa Cargo Handling Equipment Market Opportunity Assessment |
10.1 South Africa Cargo Handling Equipment Market Opportunity Assessment, By Types, 2026F |
10.2 South Africa Cargo Handling Equipment Market Opportunity Assessment, By Structure, 2026F |
10.3 South Africa Cargo Handling Equipment Market Opportunity Assessment, By Application, 2026F |
11. South Africa Cargo Handling Equipment Market Competitive Landscape |
11.1 South Africa Cargo Handling Equipment Market By Companies, 2019 |
11.2 South Africa Cargo Handling Equipment Market Competitive Benchmarking, By Operating Parameters |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |