Market and megatrends
Large and growing global market
Kalmar has a leading position in the heavy material handling market, worth approximately EUR 13.4 billion. The market is expected to grow at an annual growth rate of approximately 4% until 2028.*
In addition to the market-specific trends, macro-level market activity drivers include GDP development, container throughput, end-market-specific activity, inflation and interest rates. Overall macro-level development is expected to have a positive impact on both the equipment market’s volume and size as well as on the size of the services market.'
Several market growth drivers
'Equipment categories: Terminal tractors, forklift trucks (lifting capacity of 5t and above), reachstackers, empty container handlers, straddle carriers and crane spreaders. Services include spare parts, maintenance and field service, upgrades and refurbishments and digital solutions. Kalmar has not previously included light forklift trucks (5-9t) in its market definition contributing approximately 3 EURbn to equipment market and approximately 1.5 EURbn to services market in 2023. Source: KPMG Market Study.