Port Equipment Market 2030: Europe Focuses on Smart Port Solutions
Port Equipment Market Overview
The global port equipment market was valued at USD 15.71 billion in 2024 and is projected to reach USD 19.00 billion by 2030, growing at a compound annual growth rate (CAGR) of 3.5% from 2025 to 2030. This growth is primarily driven by the continued surge in global trade, which is prompting ports worldwide to enhance their operational capabilities.
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