Port Infrastructure Market Detailed Insights Evaluating Major Industry Participants ACS Group, Hyundai Engineering, Consolidated Engineering Construction Co, Bechtel, and Danube Ports Network Company

The Port Infrastructure market research report is a professional and in-depth study on the current along with future state of Port Infrastructure Industry. These research report also provides overall analysis of the market share, size, segmentation, revenue forecasts and geographic regions of the Port Infrastructure Market.

Globalization has led to increased emphasis on international trade activities that has in turn led to substantial increase in spending for the development of transport facilities that include roads, railways, waterways, and airports. Among these, port infrastructure market is projected to witness highest gains through the forecast period (2017-2025), primarily owing to increasing proliferation of sea trade and major investments in infrastructural development in emerging economies of Asia Pacific and Middle East.

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Construction of these facilities requires large space and workforce to build and manage smooth operations. This in turn leads to Socio cultural impacts that include village relocation and formation of slums in the vicinity that can negatively impact the growth prospects. However, owing to these factors, Greenfield project development will draw considerable attraction for port infrastructure market owing to lack of imposed constraints prior to projects. The concept elucidates construction on unused lands, to reduce the expenses on remodeling and demolishing of an existing structure.

Major economies in South Asia such as China, Japan, and India are increasingly investing in facilities to increase their influence in the Indian Ocean and gain access to resources and potential high growth markets in Middle East and Central Asia. For instance, development program of Sagar Mala project in India and deep sea Angola port in China will present potential growth platform for port infrastructure market in the region.

According to Port Technology International journal in November 2014, an estimated total of US$ 28.7 billion investment were to be made in Brazil, Peru, Chile, and Colombia for port infrastructure market. Growing investments in Latin America to improve transportation, strengthen the commodity exports and fulfill the local consumer demands will present significant growth opportunity over the forecast period. The region is characterized by the presence of 92 anchorages and 15 terminals, a significant number of which need to be upgraded. This creates a high growth prospect for the port infrastructure market in the region.

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Some of contracting companies include ACS Group, Hyundai Engineering, Consolidated Engineering Construction Co, Bechtel, and Danube Ports Network Company. Along with the large number contracting players, industry competition is also characterized by the equipment manufacturers. Some of them include OAO Baltkran, Cargotech, C.V.S. SpA, Demag Cranes, Fantuzzi and Liebherr.

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