India Cargo Handling Equipment Market (2020-2026) | COVID-19 IMPACT, Outlook, Value, Companies, Size, Analysis, Revenue, Share, Forecast, Industry, Trends & Growth

India Cargo Handling Equipment Market has witnessed substantial growth over the past few years due to growing business transportation, advancing technology, growing industrialization coupled with increasing automation industry in the country. Additionally, growing government investment and increasing seaborne trade would further fuel the demand for the cargo handling equipment market in India.

According to 6wresearch, the India Cargo Handling Equipment Market size is expected to grow during 2020-2026. The Cargo Handling Equipment market in India is expected to witness a decline in economic growth during the first quarter of 2020 owing to the coronavirus pandemic which has a worse impact on worldwide business. However, the Cargo Handling Equipment market in India is anticipated to recover with healthy growth in the economy during the second half of 2020-2026. In terms of application, the marine segment is expected to dominate the cargo handling equipment market revenue share in India on account of increasing import and export, growing production among with rising manufacturing industry, and the increasing number of marine cargo ports in the country.

Based on propulsion, the diesel segment is leading the cargo handling equipment market revenue share in India on account of improved efficiency, high energy content, and low fuel cost and also due to strict emission regulations.

The India Cargo Handling Equipment market report thoroughly covers the market by propulsion, equipment type, and application. The India Cargo Handling Equipment market outlook report provides an unbiased and detailed analysis of the ongoing India Cargo Handling Equipment market trends, opportunities/high growth areas, market drivers, and India 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.

India cargo handling equipment market is projected to witness substantial growth during the forecast period 2020-26F owing to rising marine transportation mode. The era of globalization is leading to rising import & export industries rapidly by using cargo handling equipment in the load and unload process tends to ensure smooth delivery of goods. Further, On the basis of end-users, the pharmaceutical industry is estimated to generate lucrative opportunities for market growth due to the Covid-19 outbreak which has led to increased export of generic drugs that require upgraded technical cargo handling equipment in order to ensure delivery on time. Additionally, In India, multiple states consist of warehouse facilities such as Bombay and Bangalore coupled with rising investment in warehouse infrastructure to keep unloaded goods by using forklift and conveyor and is expected to increase deployment for cargo handling equipment and would instigate the substantial growth of India cargo handling equipment market in the coming years.

India cargo handling equipment market is estimated to register sound revenues in the upcoming six years backed by the rising eCommerce platforms that tend to support the logistic industry and the logistic industry being looked into as a growth proliferating factor for the India cargo handling equipment market. Increased goods transportation underpinned by rising online product demand where cargo handling equipment like forklift has been proven evident in moving goods at short distance is attributed as a growth driving factor and is estimated to propel significant demand for cargo handling equipment in the logistics industry in the coming time zone and would benefit the significant growth of the India cargo handling equipment market in the forthcoming years. Additionally, rising hypermarkets and supermarket stores concept along with rising export of Indian-made goods has resulted in increased load and unload activities which are estimated to boost the substantial growth of India cargo handling equipment market in the coming timeframe.

India cargo handling equipment market is projected to witness substantial growth in the upcoming six years backed by the rising potential growth of the automotive sector. The rise in the growth of middle-class families is leading to stimulate them to purchase four-wheeler vehicles simultaneously foster the manufacturing of automobiles in the country therefore the demand for cargo handling equipment is increasing and this estimated to bolster the demand for bridge cranes for moving automobile parts from one side to another and is expected to bolster the growth of the India cargo handling equipment market in the upcoming six years.

Key Highlights of The Reports

• India Cargo Handling Equipment Market Overview
• India Cargo Handling Equipment Market Outlook
• India Cargo Handling Equipment Market Forecast
• Historical Data of India Cargo Handling Equipment Market Revenues and Volumes, for the Period 2016-2019.
• Market Size & Forecast of India Cargo Handling Equipment Market Revenues and Volumes, until 2026.
• Historical Data of India Cargo Handling Equipment Market Revenues and Volumes, by Equipment type, for the Period 2016-2019.
• Market Size & Forecast of India Cargo Handling Equipment Market Revenues and Volumes, by Equipment type, until 2026.
• Historical Data of India Cargo Handling Equipment Market Revenues and Volumes, by propulsion, for the Period 2016-2019.
• Market Size & Forecast of India Cargo Handling Equipment Market Revenues and Volumes, by propulsion, until 2026.
• Historical Data of India Cargo Handling Equipment Market Revenues and Volumes, by application, for the Period 2016-2019.
• Market Size & Forecast of India Cargo Handling Equipment Market Revenues and Volumes, by application, until 2026.
• Market Drivers and Restraints
• India Cargo Handling Equipment Market Price Trends
• India Cargo Handling Equipment Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• India Cargo Handling Equipment Market Share, By Players
• India Cargo Handling Equipment Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The India Cargo Handling Equipment Market report provides a detailed analysis of the following market segments:

• By Equipment types:

• • Aviation dollies
  • Stacker
  • Pallet jack
  • Loaders
  • Conveyor system
  • Automated guided vehicle
  • Forklift Trucks
  • Cranes
  • Rubber-Tired Gantry Cranes
  • Straddle Carriers 
  • Reach Stackers
  • Terminal Tractors

•    By Propulsion:

• • Diesel
  • Electric
  • Others

• By Applications:
  • Air
  • Land
  • Marine

Frequently Asked Questions About the Market Study (FAQs):