Press release
Global Automated Container Terminal Market 2017-2021
In the modern global economy, marine container terminals play a critical role in the international supply chain. To improve efficiency and reliability, operators are turning to automation both in terms of hardware and software. Operating an automated container terminal requires the integration of multiple sophisticated hardware and software systems. APAC countries, such as Malaysia, India, Indonesia, Vietnam, and EMEA countries like Qatar, Morocco, Oman, Norway, and Sweden, are undergoing a wave of infrastructure development and construction activities. Countries from the Americas, such as US, Brazil, Argentina, and Canada, are in the process of expanding port terminals and looking to upgrade and switch on to automation, either fully or partially. greenfield and brownfield projects will encourage the growth of the container terminal industry in these countries, and may incentivize the scope of automation projects. Such automation will improve operations through modern instrumentation solutions. We note that implementing automation and related software solutions should boost demand for industrial automation solutions, such as terminal automation systems.
Technavios analysts forecast the global automated container terminal market to grow at a CAGR of 25%% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automated container terminal market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of automated container terminal.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automated Container Terminal Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ABB
CARGOTEC
Konecranes
ZPMC
Other prominent vendors
Infyz
Market driver
Increase in productivity of terminals and minimized integration risk in hardware and software
For a full, detailed list, view our report
Market challenge
Steep hurdles in achieving productivity targets
For a full, detailed list, view our report
Market trend
Widened scope for greenfield and brownfield container terminal projects
For a full, detailed list, view our report
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