According to a new report published by Allied Market Research, titled, “ship loader and unloader market by product type, bulk type, technology, and application: global opportunity analysis and industry forecast, 2021–2030,” the global ship loader and unloader market size was valued at $39.7 billion in 2020, and is expected to reach $57.8 billion by 2030, with a CAGR of 3.6% from 2021 to 2030. In 2020, Asia-Pacific dominated the global ship loader and unloader, in terms of revenue, accounting for around 35.50% share of the global market.
The major players operating in the ship loader and unloader industry include FLSmidth A/S, Fluor Corporation (American Equipment Company Inc), Buhler Group, Sandvik AB, Vigan Engineering S/A, NEUERO Industrietechnik fur Forderanlagen GmbH, SMB International GmbH, Aumund Group, EMS-Tech Inc, and Liebherr-International AG.
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Ship loader and unloader products are largely used in the port and ship industry. Ship loader and unloader are used to transfer cargo from ships to shores and from shores to other mode of transport. Ship loaders are mostly fixed and offer heavy lifting and bulk material handling operations. Ship loaders consist of a vertical mast and an operating jib or arm, along with other components such as slewing unit, hook, and hoist winch, which assists in lifting and maneuvering heavy material effectively and efficiently. Ship loaders and unloaders are used in mining, packaging, and other applications.
Rise in sea born trade and shipping of goods from one ship to other to transfer goods, foods, fertilizers, and sugar propels demand for reclaimers, conveyors, and ship loaders, which fuels global ship loader and unloader market growth. Reach stackers, ship loaders, reclaimers, conveyors, and ship-to-shore cranes are some of the ship loader and unloader products available in market. These are widely adopted for shipments of goods from one port to other, which drives growth of the global market.
Major players such as Liebherr-International AG and SMB International GmbH completed contract order to grab ship loader and unloader products for movement of goods. For instance, in July 2017, Liebherr-International AG signed a contract order with Doyle Shipping Group, based in Ireland, which deals in reach stackers and ship loader. The order aimed to adopt a new LRS 545 reachstacker for shipment of goods. The LRS 545 reachstacker has maximum lifting capacity of 40.5 tons in first bar and 29.5 tons for second bar.
Various manufacturers in the global ship loader and unloader industry had to shut down their business activities, owing to the lockdowns initiated in countries such as the UAE, India, and Brazil. This break has directly impacted sales of global ship loader and unloader manufacturing companies globally. For instance, net sales of FLSmidth A/S dropped by 18.7% from January 2019 to January 2020.
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In addition, lack of raw materials, disruption in supply chain, and lack of man power halted supply chain of ship loader and unloader products. However, re-initiation of the ship loader and unloader industry and availability of vaccines for coronavirus disease are projected to lead the opening of the global ship loader and unloader market trends at its full-scale capacities.
However, the high cost of ship loader and unloader, and fluctuation in raw material prices, limits the market growth. Moreover, rise in adoption of ship loader and unloader in prefabricated construction, is anticipated to provide lucrative opportunities for growth of the ship loader and unloader market.
The global market is segmented on the basis of product type, bulk type, technology, application, and region. On the basis of product type, the market is divided into stationary and mobile. The stationary segment generated the highest revenue in 2020. By bulk type, the market is divided into dry and liquid. The dry segment generated highest revenue in 2020. By technology, the market is divided into mechanical and pneumatic. The mechanical segment dominated the market in 2020. On the basis of application, the market is categorized into mining, machinery, construction, sea ports and cargo terminals, and others. The mining segment generated the highest revenue in 2020.
Region wise, the global ship loader and unloader market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global market, and is anticipated to secure a leading position during the forecast period.
KEY FINDINGS OF THE STUDY
By product type, the stationary segment generated the highest revenue in 2020.
By bulk type, the dry segment generated the highest revenue in 2020.
By technology, the mechanical segment generated the highest revenue in 2020.
By application, the mining segment generated the highest revenue in 2020.
Region wise, Asia-Pacific generated the largest global ship loader and unloader market share in 2020.