Automated Container Terminal Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2030
Automated Container Terminal Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2030
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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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The applications of crane handling including steady luffing and anti-sway control and smooth lifting and lowering can be performed using advanced motor control systems. As container terminals are designed for higher productivity and more efficient operation, automation is supporting these major improvements all across the globe. A large number of terminals are focusing on the integration of automated solutions to fulfil the challenge associated with taller cranes and larger ships. The RWG and APMT container terminals at Maasvlakte 2, a civil engineering project in the port of Rotterdam (The Netherlands) are completely automated and unmanned. This involves the use of robots, with a height of over 125 metres.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- 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
- copyright
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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