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Market research analysts at Technavio predict that the global ship loaders market will grow steadily during the next four years and post a CAGR of more than 3% by 2021. This market research analysis identifies the rising demand for metals and materials as one of the primary growth factors for this market. The growing population and urbanization in the emerging economies and the rising demand for metals triggers the demand for newly mined materials and metals. The improving standards of living is causing the market to grow despite recycling metals and minerals. Additionally, an increase in per capita income is also increasing the demand for metals and materials. This increased demand for metals and minerals will result in increased mining activities, which will contribute to the demand for material handling equipment such as ship loaders.
It has been observed that the emerging economies have witnessed an increased investment in exploration and mining activities. Investment in exploration activities has increased significantly in the last decade and it is anticipated to continue in the forecast period as well. Significant M&A activities in emerging economies in the metals and mining industry has resulted in greater capital and resource allocation for mining activities. Factors such as the liberalization of mineral policies and advances in technology will also result in the shifting of mining activities to emerging economies. Emerging economies have already started modifying their policies towards accepting more mining activities and foreign investment.
Due to the presence of a large number of regional vendors, the ship loaders market appears to be highly fragmented. Vendor competition in the market is intense and competitive pricing greatly affects a vendor’s presence in the market. Vendors are focusing on offering lucrative deals to solidify their market position as they are experiencing a decline in their profit margins due to decrease in commodity prices and the demand for their products in the market.
The leading vendors in the market are –
The other prominent vendors in the market are Agrico Sales, AMECO, EMS-Tech, NEUERO Industrietechnik für Förderanlagen, SMB Group, Tenova TAKRAF, thyssenkrupp, and ZPMC.
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According to the ship loaders industry analysis, the iron ore industry dominated the ship loaders market and it will continue its dominance during the forecast period. Factors such as the rising demand and rising urbanization leads to an increase in construction activities, which demand the need for more metals, materials, and mineral reserves. The rise in usage of sand, stone, cement, and gravel due to the rise in urbanization will contribute to the growth of this industry segment in the coming years.
The ship loaders market overview report identifies that in terms of geographic regions, APAC will be the major revenue contributor to the market by 2021. This is mainly due to China’s mining industry. The growth in this industry is driven by the increased need for mined products from the steel, construction, agriculture, chemicals, and electrical utilities industries. Several Australian miners have countered China’s strategy to maintain production which is supporting the market growth. Additionally, the increased investment towards infrastructure development across the world and increased recovery in the construction industry, will also fuel the demand for ship loaders in this region.
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In an era of international business and increasing foreign trade, effective transportation and shipping become the biggest logistical challenge for stakeholders looking to invest in this market space. Using sea as a mode of transportation is the most economical option for the traders. As a result, the bulk of goods are transported using ships. But loading the bulk of heavy goods in the ship is not an easy job, so ship loaders facilitates in loading and unloading of goods from the ship. These are huge machines which have capacities of 1,000 to 15,000 TPH (tons per hour). This upcoming report is an essential part of transport and logistics industry and provides with an overview of packaging and logistics sector. The upcoming report from Technavio on global ship loaders market will help the client in identifying key players, market size, and technological advancements and devising effective growth strategies.
Technavio’s team of market research expert rely on an extensive primary and secondary research to assess the growth possibility of the industry in the future. The upcoming report on global ship loaders market for the forecast period of 2017 to 2021 produces executable strategies conceived from different market intelligence sources such as manufacturers, vendors, logistics companies, transport companies, and other key stakeholders.
The upcoming report on global ship loaders market also takes into account the growth of similar markets such as global wrapping equipment market and global automated material handling equipment market, which is expected to grow at a CAGR of 6% and 8%, respectively, for the forecast period of 2017 to 2021. In order to increase efficiency and the GDP of a country, each country is mostly focusing on producing what they are efficient at and importing the rest from overseas. This has spurred the growth of international trade with grains, edibles, electronics, chemicals, and petrochemicals being imported and exported in large volumes. This increase in global trade is expected to shoot the demand for ship loaders as well. Technavio also produces market research report made according to the specification of the client, which can help them in ascertaining the market properly and making correct business decisions.
The upcoming industry research for the global ship loaders market also highlights the key drivers, market trends, competitive landscaping, and opportunities and challenges faced by the industry by looking at data from transportation and distribution and tags and labels sector.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Appendix
Tags: port management, port equipment, contract logistics, supply chain logistics, transportation and logistics segmentation analysis, warehouse and storage business segment,
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