Global Automated Container Terminal Market to surpass USD 13,080 Million By 2025 – ZMR Blog
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Global Automated Container Terminal Market to surpass USD 13,080 Million By 2025

Zion Market Research has published a new report titled “Automated Container Terminal Market by Automation Degree (Semi-Automated and Fully Automated), by Project Type (Brownfield and Greenfield), and by Offering (Equipment, Software, and Services): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global automated container terminal market was USD 11,300 million in 2018 and is expected to reach around USD 13,080 million by 2025, at a CAGR of 3.68% between 2019 and 2025.

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An automated container terminal is an infrastructural type that facilitates the transshipment of cargo containers between different types of transport vehicle via automated machinery. It improvises its effectiveness by using advanced software and real-time data procurement to enable further transportation of merchandises. In the case of maritime container ports, transshipments take place between container ships and land vehicles. On the other hand, transshipment of merchandise between two same or different land vehicles happens at inland container terminals. Automated container terminals are operated through minimal human intervention, to ensure fewer human factor errors, such as inconsistent performance, lack of attention, and lack of skills.

Research report exemplifies various key factors that are bolstering the automated container terminal market globally. The predominant growth factor is the increasing demand for large container ships by global manufacturers. The rising demand for innumerable commodities across the globe, especially from emerging economies, has created the need for large container ships. Additionally, the growing awareness about the need for automated container terminals is due to expensive labor costs at terminals. Automation of container terminals requires huge capital cost but eventually helps in reducing labor and operational costs. In addition, horizontal integration of subsystems of terminals, artificial intelligence, and sophisticated data analytics will provide terminals with consistent and relevant data for strengthening their operations.

The automated container terminal market is fragmented on the basis of automation degree, project type, and offering. On the basis of automation degree, the market is bifurcated into semi-automated and fully automated. The semi-automated segment accounts for a major automated container terminal market share and is expected to show a significant CAGR over the forecast time period. This can be attributed to the lesser capital investments, low level of human skills, and low-up gradation changes related to semi-automation.

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By project type, the market is segmented into brownfield and greenfield. The brownfield project segment is projected to grow at the highest rate and hold a major market share in the years ahead.

Based on offering, the market includes software, services, and equipment. The services segment holds the largest share of the global market and will maintain its position over the forecast timeline.

The Asia Pacific region held the largest share in the automated container terminal market in 2018 globally. This can be due to the growing maritime foreign trade and inclined investments in infrastructure for container terminals. This region is also expected to dominate globally in terms of revenue share, i.e., almost 70%, as well as register the highest CAGR in the future.

Some major players of the global automated container terminal market are Cargotec, Konecranes, ZPMC, Liebherr, ABB, Künz, CyberLogitec, Identec Solutions, Camco Technologies, and Orbcomm.

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This report segments the global automated container terminal market into:

Automated Container Terminal Market: Automation Degree Analysis

  • Semi-Automated
  • Fully Automated

Automated Container Terminal Market: Project Type Analysis

  • Brownfield
  • Greenfield

Automated Container Terminal Market: Offering Analysis

  • Software
  • Equipment
  • Services

Automated Container Terminal Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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