Global Straddle Carrier Market Prospects, Trends & Growth Preferences Analyzed during 2018-2028

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Rockville, MD, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Fact.MR has published a latest report focusing on the straddle carrier market at the global level. This analysis is titled “Straddle Carrier Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028”, which is a detailed report that covers 17 chapters together with tables and figures demonstrating key metrics associated to the market. In addition, this report focusing on the straddle carrier market comprises of data estimations represented in US$ Mn along with volume projections (in terms of units) during the forecast period 2018-2028.  

Straddle carriers are basically referred as straddle trucks which are utilized as freight handling equipment. This equipment operates by carrying the freight load below it with the help of the straddling process. The cargo handling system holds the ability to load and unload without the use of any cranes or forklifts, making the straddle carriers a beneficial freight carrying equipment. The research report starts with the executive summary followed by market scope, introduction and definition. Later on, this section talks about the key market trends and drivers along with supply chain, investment feasibility matrix and Porter’s Five Forces analysis.

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The following section of the report discusses the market segmentation of the straddle carrier market that also includes aspects such as historical data and current market scenario. The global straddle carrier market is bifurcated on the basis of lift type, operation type, drive type, application type and region. Based on straddle carrier’s drive type, the target market is split into hydraulic, hybrid and electric drives. Furthermore, this report also discourses the prime application segments; namely, intermodal yards, port terminals and others.

One of the prime growth factors for the straddle carrier market is the growth in international trade, especially using sea routes that has presented profitable opportunities for port handling equipment including straddle carriers. However, heavy initial investments associated to port handling equipment merged with heavy manpower is expected to impact the dealing scenario. Hence, to facilitate trade progress, a number of countries are adopting private-public partnerships, in which management and operational tasks are given to private companies with possessions and land deputized to the government. It is likely that this trend is will relieve the heavy initial investment strain related to terminal development at ports.

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Focusing on the regional examination on straddle carrier market covers insights on several regions together with country level analysis. This regional assessment is focused across key regions of Latin America, North America, Europe, CIS & Russia, Japan, Middle East and Africa (MEA) and Asia Pacific excluding Japan (APEJ). Each of these regions are studied in terms of market value (US$ Mn) and volume (Units) analysis and market attractiveness analysis.

The final section of the report highlights the competitive landscape prevailing in the straddle carrier market. This section discusses the major players which are part of the manufacturing and distribution of straddle carriers. Each of the players are examined based on aspects such as SWOT analysis, product portfolio analysis, market shares, strategies and innovations.

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