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Global Automated Container Terminal Market to Grow at a CAGR of 25% During the Period 2017-2021

MarketResearchReports.Biz presents this most up-to-date research on "Global Automated Container Terminal Market 2017-2021"

 

Albany, NY -- (SBWIRE) -- 03/24/2017 -- Automated container terminals use container handling equipment that requires no human interaction and can be operated using hardware, software, and terminal operating systems (TOS). The first container terminal with full automation features became operational two decades ago. The initial automated container terminal was in the Netherlands, (ECT Delta). The container terminals are built with automated stacking cranes (ASCs) and some terminals use automated guided vehicle (AGV).

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.

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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

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?