The global automated container terminal market is estimated to grow at a CAGR of more than 4.0% during the forecast period. The major factors contributing to the growth of the market include the significant rise in maritime trade activities and rising automation in ports. As per the United Nations Conference on Trade and Development (UNCTAD), In 2017, the global port activity and cargo handling of bulk and containerized cargo increased rapidly. This expansion was in line with positive trends in the world economy and seaborne trade. The global container terminals boasted an increase in the volume of about 6% during the year, up from 2.1% in 2016.
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World container port throughput stood at 752 million twenty-foot equivalent units (TEUs), reflecting an additional 42.3 million TEUs in 2017, an amount comparable to the port throughput of Shanghai, the world’s busiest port. However, the port activity affected year over year due to the unstable economic and political conditions. Nearly 80% of the international trade is carried by sea which is handled by ports across the globe. Therefore, the port operators are working on modernizing port operations, which include cargo handling. Most of the seaports have started automation with crane motion control. Steady growth in maritime trade and a consequent increase in the size of ships, ports, and associated machinery, dockside cranes have become too large and cumbersome for manual control alone.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automated Container Terminal Market- Segmentation
By Automation
- Semi-Automated
- Fully Automated
By Project Type
- Greenfield
- Brownfield
By Offering
- Software and Services
- Equipment
Global Automated Container Terminal Market– Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automated container terminal market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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