The automated container terminal market is projected to grow
at a CAGR of 3.30% over the forecast period of 2017-2023. Automated container
terminal refers to a situation where the tasks performed by manual labour are
replaced by a set of pre-defined operations which result in an improvement in
operational safety and organization. The use of automation at container
terminals increases the level of customer satisfaction by reducing the overall
downtime and maximizing operational efficiency. In addition, the overall
operational cost of the port is reduced owing to lower labour cost. Hence,
cost-effectiveness and customer satisfaction are the major factors driving the
demand for automated container terminal solutions. However, the high cost
associated with the implementation of these solutions will restrict the growing
demand for these solutions throughout the forecast period.
By component, the automated container terminal market has been segmented into hardware, software and services. Hardware accounted for a considerable market share owing to the adoption of port automation for brownfield projects. Set up of new terminals will result in increasing demand for various services including maintenance, consultancy, and integration among others, boosting the demand for port automation services. Renewal and upgradation of software will drive its demand over the forecast period.
By geography, the automated container terminal market has
been segmented as North America, South America, Europe, Middle East and Africa
and the Asia Pacific. Each region has been further segmented into major
countries of their respective regions. The Asia Pacific region held a
significant market share and is projected to grow at a considerable rate owing
to the presence of major marine ports, increasing expenditure on port
automation by market players and increasing raw materials demand to boost
manufacturing activities in the coming years.
Major industry players profiled as part of the report are CERTUS Port Automation, ABB, Automated Port Solutions, Cargotec, Identec Solutions, and Konecranes among others.
The automated container terminal market has been analyzed through the following segments:
• By Project Type
o Brownfield Project
o Greenfield Project
• By Component
• By Solutions
o Gate Operations
o Crane Operations
o Inspection Services
o System Integration
• By Geography
• North America
• South America
o The Netherlands
• Middle East and Africa
o South Africa
• Asia Pacific
o South Korea
Key insights offered
What will be the automated container terminal market size from 2017 to 2023?
How are the major drivers and restraints affecting the Automated container terminal market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.