Cargo Handling Equipment Market to Reach $48B by 2031, Driven by E-Commerce and Technology
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Global cargo handling equipment market to reach $48.3 billion by 2031, at a CAGR of 5.3%
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Growth driven by e-commerce, tech solutions, trade agreements, IoT adoption
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Electric equipment to exhibit fastest growth due to better convenience
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Road and rail application segment to maintain significant growth
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Port cranes to dominate equipment type segment through 2031