Global Container Fleet Market to Grow at a CAGR of 3.19% During the Period 2017 - 2021; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Container Fleet Market 2017 - 2021” research report to their website www.MarketResearchReports.com

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Lewes, DE -- (SBWire) -- 01/13/2017 --Report forecast the global container fleet market to grow at a CAGR of 3.19% during the period 2017-2021.

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.

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

According to the report, one of the major drivers for this market is growing intermodal freight transportation. Intermodal transportation is cost-efficient, easy to track and there are few idle periods. It offers door-to-door delivery, a shorter delivery time, safety of the cargo, and the ability to use different routes. The intermodal freight transportation industry is introducing some major advances in technology such as ICT, computerized vehicle routing, active traffic management, and online freight exchange.

Further, the report states that one of the major factors hindering the growth of this market is trade imbalance causing low back-haul utilization rate. Excessive import, as opposed to the volume of exports, leads to accumulation of empty containers and vice versa. This is called trade imbalance in the container shipping industry. Trade imbalance can lead to high cost.

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 players in the global container fleet market: Maersk, CMA CGM, MSC, and China COSCO Shipping.

Other Prominent Vendors in the market are: 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), and 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?

Spanning over 81 pages and 55 Exhibits "Global Container Fleet Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-container-fleet-market-2017-2021

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Director - Operations
Market Research Reports, Inc.
302-703-7787
http://www.marketresearchreports.com/technavio/global-container-fleet-market-2017-2021

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