Global Ship Loaders Market 2017-2021
About Ship Loaders
Ship loader is a port material handling equipment used for bulk material loading application. The growth in the bulk cargo transportation and the mining industries exploration activities drive the demand for ship loaders. Most common dry bulk materials such as coal, iron ore, grains, fertilizers, and any powder or granular dry cargo material use ship loaders for loading application during exporting bulk goods. All ship loaders designs have loading boom configurations, which can make a slewing and luffing motion to load the ship hold and adjust with the vessel position with the water elevation and ship size.
Technavio’s analysts forecast the global ship loaders market to grow at a CAGR of 3.25% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global ship loaders market for 2017-2021. To calculate the market size, the report considers the revenue generated by vendors of ship loader service providers to following end-users such as iron ore, coal, grains, and other industries such as cement, fertilizers, precious metals, and mineral industries.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Ship Loaders Market 2017-2021
Technavio recognizes the following companies as the key players in the global ship loaders market: AUMUND Group, FLSmidth, Telestack, and VIGAN.
Other Prominent Vendors in the market are: Agrico Sales, AMECO, EMS-Tech, NEUERO Industrietechnik für Förderanlagen, SMB Group, Tenova TAKRAF, thyssenkrupp, and ZPMC.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increased demand for energy-efficient ship loaders. Mining companies worldwide are now focusing on the sustainable development of projects to receive energy-efficient certificates. These certifications require construction businesses to decrease their emissions and pollution throughout the project lifecycle. Hence, manufacturers worldwide are focused on the development of energy-efficient and user-friendly ship loaders.”
According to the report, one of the major drivers for this market is demand for port material handling equipment. The demand for port material handling equipment is rising with the growth in the seaborne trade activities, resulting in higher container traffic and bulk material handling. These growth factors are leading to increase in investment in the form of capacity addition in the existing ports and also with the setup of new facilities to cater to growing demand. There is tremendous scope for development in emerging nations. The high economic growth in developing countries entails both increases in imports and exports.
Further, the report states that one of the major factors hindering the growth of this market is decreasing imports of coal and metal products by China. The mining industry is experiencing slow growth mainly due to reduced metal and coal imports in China. The country is the largest importer of coal worldwide and is also responsible for creating the maximum demand for mined metals and minerals worldwide. However, with the ongoing economic slump in China, the country is gradually reducing its import of coal and minerals. This has hampered mining activities in different countries, especially in Canada, which is the largest exporter of metals and minerals to China.
AUMUND Group, FLSmidth, Telestack, VIGAN, Agrico Sales, AMECO, EMS-Tech, NEUERO Industrietechnik für Förderanlagen, SMB Group, Tenova TAKRAF, thyssenkrupp, and ZPMC.