Port Equipment Market Set to Reach US$ 42.2 Bn by 2034 Amid Global Trade Expansion The global port equipment market is witnessing steady and transformative growth as ports modernize to handle rising trade volumes, improve efficiency, and meet sustainability goals. Valued at US$ 22.7 billion in 2023, the market is projected to expand at a CAGR of 5.9% from 2024 to 2034, reaching an estimated US$ 42.2 billion by the end of 2034. This growth reflects the critical role port...
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