Market Definition / Research Scope
Automated container terminals utilize a container handling device that promotes the transshipment of loaded containers between several transport automobiles via mechanical machinery. The automated container terminal improvises its capacity by using real-time data procurement and developed software to provide further movement of stocks. Base on the maritime container ports, transshipments arise between land vehicles and holder ships.
Automated Container Terminal Market Size shall reach a value of $12.13 Billion in 2031, growing with a CAGR of 3.7% during the forecast period of 2022 to 2031.
Automated container terminals are defined as terminals with some container handing device functioning without any direct human interactivity. It is regulated by utilizing software, hardware, and terminal operating systems.
The automated container terminal is enhanced by the growth of various industries such as processed food, steel, electronic gadgets, electrical machinery, textiles, and industrial goods. The procedure of an automated container terminal includes minimum human intervention. Thus, it diminishes the likelihood of human errors such as lack of attention, lack of skill, and inconsistent performance.
Automated Container Terminal Market Growth and Trends
Drivers :
• Automated container terminals use container handling equipment that assist trans-shipment of loaded containers between different transport vehicles via automated machinery by utilizing advanced software and real-time data.It operates using hardware, software and terminal operating systems.
• Integration of IoT in terminal automation further offers huge growth opportunity for its market.
• The operation of automated container terminal involves minimum human intervention thus minimizing chances of human errors viz. lack of skill, lack of attention and inconsistent performance.
• With increased adoption of automation in equipment handling systems, the growth of automated container terminal market will increase.
• Additionally with increased number of new terminals coupled with wide scope of growth for brownfield and greenfield container terminal projects will significantly contribute the growth of automated container terminal market.
• Worldwide manufacturers from varied industrial sectors increasingly demand large container ships, which in turn will bolster the growth of automated container terminal market in future.
• Also the expensive labor cost at terminals has created need for automated container terminals.
• Automation of container terminals involves huge capital but eventually supports in reducing operational and labor cost.
• Additionally, integration of artificial intelligence, subsystem of terminals, and sophisticated data analysis are expected to provide terminals reliable and significant information for reinforcing their operations.
• Based on automation degree, the global automated container terminal market can be bifurcated into semi-automated and fully automated.
• Semi-automated segment is expected to hold major share of the automated container terminal market during the forecast period.
• Based on project type, the global automated container terminal market can be segmented into greenfield and brownfield.
• Based on offering, the global automated container terminal market can be divided into software, services, and equipment.
• Key manufacturers operating in the global market areCyberLogitec Co., Ltd., Identec Solutions AG, Liebherr Group, ABB, CargotecOyj, KonecranesOyj, ZPMC, Camco Technologies and Orbcomm
Restraints :
• The lack of support from trade unions in the automated container terminal market is expected to limit the growth of the market in the upcoming years.
• High cost associated with implementation of automated container terminals is another key factor likely to restrain the growth of the market.
Automated Container Terminal Market Regional Analysis
Automated Container Terminal Market Share and Competition
Key companies operating in this industry are: CyberLogitec Co., Ltd., Identec Solutions AG, Liebherr Group, ABB, Cargotec Oyj, Konecranes Oyj, ZPMC, Camco Technologies, and Orbcomm. Similar industries in this domain that is growing at a high CAGR include Medical Cryogenic Storage Containers Market and Contactless PoS Terminal Market.
Automated Container Terminal Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
• Data breakdown for every market segment (2022 – 2031)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Degree Analysis (Revenue, USD Million, 2022 - 2031)
• Semi-automated
• Fully automated
Project Type Analysis (Revenue, USD Million, 2022 - 2031)
• Brownfield
• Greenfield
Offering Analysis (Revenue, USD Million, 2022 - 2031)
• Software
• Services
• Equipment
Region Analysis (Revenue, USD Million, 2022 - 2031)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Automated Container Terminal Market Companies
• CyberLogitec Co., Ltd.
• Identec Solutions AG
• Liebherr Group
• ABB
• Cargotec Oyj
• Konecranes Oyj
• ZPMC
• Camco Technologies
• Orbcomm
Available Versions: -
United States Automated Container Terminal Market Research Report
Europe Automated Container Terminal Market Research Report
Asia Pacific Automated Container Terminal Market Research Report
India Automated Container Terminal Market Research Report
Need report on this market for specific region or Country? Or need a customized report as per your need? Want to know discounts as available?
Email US
David Correa
david@marketdecipher.com
Or Fill the form below "Sample Request Form" with your queries in message box.
