Boston, MA -- (SBWIRE) -- 02/09/2017 -- Shipping containers are large containers that can withstand handling and transportation of goods varying from dry goods to hazardous liquids. Almost 80% of the global merchandize trade is seaborne. Of this, the container fleet market holds the largest market share, accounting for more than 50% of the market and more than one third of the global trade. One of the major reasons for such a high market share is the high efficiency provided by container fleets as compared with other modes of transport such as rail cars, aircraft, and trucks.

Technavio's analysts forecast the global container fleet market to grow at a CAGR of 3.19% during the period 2017-2021.

Get More Details on this Report and a Full Table of Contents at Global Container Fleet Market 2017-2021

Covered in this report

The report covers the present scenario and the growth prospects of the global container fleet market for 2017-2021. To calculate the market size, the report considers volume based on container fleet capacity for the respective region or the container type. It considers freight volume based on the freight volume shipped by the vendors operating in the market making use of the containers

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Container Fleet 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

-Maersk
-CMA CGM
-MSC
-China COSCO Shipping

Other prominent vendors

-Evergreen Marine Corporation
-Hanjin Shipping
-Hapag-Lloyd
-Hyundai Merchant Marine (HMM)
-Kawasaki Kisen Kaisha Ltd. (K Line)
-Mitsui O.S.K.
-NYK Line
-Orient Overseas Container Line
-Yang Ming Marine Transport Corporation (Yang Ming)
-ZIM Integrated Shipping Services (ZIM)

Market driver

-Growing intermodal freight transportation
-For a full, detailed list, view our report

Market challenge

-Trade imbalance causing low back-haul utilization rate
-For a full, detailed list, view our report

Market trend

-Increasing use of fleet management system
-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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Maersk, CMA CGM, MSC, China COSCO Shipping, Evergreen Marine Corporation, Hanjin Shipping, Hapag-Lloyd, Hyundai Merchant Marine (HMM), Kawasaki Kisen Kaisha Ltd. (K Line), Mitsui O.S.K., NYK Line, Orient Overseas Container Line, Yang Ming Marine Transport Corporation (Yang Ming), ZIM Integrated Shipping Services (ZIM)

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