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Straddle Carrier Market: Emergence of AI Enabled Variants to Pave Novel Growth Avenues

2019-04-24 13:15:38 | Business
Rise in international trade and favorable tariff mandates between countries are likely to ingrain novel growth opportunities in carriers and trailer space such as straddle carriers. These carriers have gained massive adoption for seamless transportation of freight containers. Straddle carriers are noted for their superlative load bearing capacity and exceptional resilience, backed by other potential features such as 360-degree view for optimum driver convenience, in addition to four pairs of wheels for improved functionality and control mechanism. Technological advances favoring superlative fuel efficiency and functional scope to render optimistic growth outlook in subsequent times for straddle carriers market.

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Advances technologies such as Control Area Network bus system and Automatic spreader position system (ASPS) allow straddle carrier drivers to gauge from 360 degree viewpoint. Additionally, besides conventional hydraulic straddle carriers, emergence of electric straddle to augment de-carbonization on the back of stringent government mandates are poised to further diversify growth possibilities in straddle carrier market. Key participants are integrating resources to offer superlative offerings in terms of energy storage solutions for hybrid straddle carriers. New variants in hybrid straddle carriers are designed with Li-ion batteries in addition to compact diesel power unit to ensure fuel efficiency, besides substantially offsetting noise, as well as maintenance charges.

In addition to above feature diversification, manufacturers are also introducing advanced autonomous navigation system for improved functionality. IN a recent development, ZPMC has unrolled its new AI enabled unmanned straddle carriers to significantly improve transport features, besides limiting human intervention and scope for errors. Factors as such are likely to set the course for stupendous growth in straddle carrier market.

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Straddle Carrier Market: Overview

The straddle carrier market has been analyzed in detail to offer definitive forecast insights on the market for the period 2018-28. This report is an exhaustive compilation of a detailed overview of straddle carrier market and analyzes the market in terms of market dynamics, macro and micro-economic determinants that shape market growth, also shedding light on other relevant factors that direct future prospects of the market trajectory.

The report aims to offer readers with ample competitive advantage and cues on market entry barriers, based on which aspiring market entrants as well as established players can drive profitable investment discretion. To aid readers’ understanding the report is systematically classified into detailed chapters. In its trailing sections the report also includes a detailed chapter on segmental analysis of straddle carrier market to offer veritable insights on segments’ historical and future growth estimations. Further in the course of the report readers are also enlightened about regional assessment of pivotal factors. The report also entails a country-wise assessment and forecast estimations for straddle carrier market.

Detailed overview of straddle carrier market spectrum presented in the report banks upon a robust research methodology comprising primary and secondary researches that divulge relevant and timely market intelligence figures. Voluminous information recorded in the report with the aid of these research approaches have been meticulously validated by in-house research analysts.

Straddle Carrier Market: Competition Landscape

This section of the report offers a detailed section on key contributors in straddle carrier market. A dashboard view of each of the mentioned profiles complete with detailed insights on their respective SWOT analysis along with detailed assessment of their product portfolio, market contribution, as well as recent developments have been slated to aid readers’ understanding about the competition spectrum.

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