Automated Container Terminal Market - Trends Forecast Till 2028

Automated Container Terminal Market, By Automation (Fully Automated Container Terminal, Semi-Automated Container Terminal), Project Type (Brownfield Projects, Greenfield Projects), Offering (Equipment, Software, Services), Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: May, 2020

Base Year Estimate: 2019

Report ID: D-SE-ACTM-14

Format:  

Number of Pages: 286

Domain: Semiconductors & Electronics

Automated Container Terminal Market – Trends Forecast Till 2028

The global automated container terminal market is anticipated to reach USD 10.8 billion by 2020 growing at a CAGR of 3.7% during the forecasting period, 2020-2028. The automated container terminal has been operated as an automated process of discharging of transports, ships, and yard equipment operations of ships. Automation which is limited to software is called manned automation, while automation which needs hardware as well, is called unmanned automation. It comprises of automation of equipment for hardware and terminal operating system (TOS) for software. Factors such as rise in demand for large container ships and rise in labour cost in developed economies are some of the major drivers for the automated container terminal market

Automated Container Terminal Market – Trends Forecast Till 2028

The global automated container terminal market is segmented into techniques, deployment model, organization size, vertical, and geography.

The automation segment is segmented into Fully Automated Container Terminal, Semi-Automated Container Terminal.

< style="text-align:justify;"p> The project type segment is segmented into Brownfield Projects, Greenfield Projects.

 

The offering segment is segmented into Equipment, Software, and Services. Equipment has been segmented into Automated Stacking Cranes (ASCS), Ship-To-Shore (STS) Cranes, Automated Guided Vehicles (AGVS), Rubber-Tired Gantry (RTG) Cranes, Straddle Carriers, and Shuttle Carriers.

Geographically, the global automated container terminal market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions.

Asia-Pacific region has come up as the prominent region for the leading share in the overall global market during the forecast period 2020-2028.

Key players in the global automated container terminal market are Cargotec, Konecranes, ZPMC, LIEBHERR, ABB, KÜNZ, Starcomm Systems, APM Terminals, Camco Technologies, Identec Solutions, Orbcomm, Orbita Ports&Terminals, Paceco, MSC, Inform Software, Logstar, Infyz Solutions, TIDEWORK TECHNOLOGY, Loginno, Total Soft Bank (TSB), World Crane Services among others.

The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:

  • In 2017, the first OneTerminal automation solution has been installed by the Kalmar & Navis at the International Container Terminal Services Incorporated (ICTSI) at the Port of Melbourne, Australia which has made it the world’s first fully automated international container handling facility.
  • In 2017, China had announced the trial of the world's biggest automated container terminal at the commercial hub of the country, the Shanghai Yangshan Deep Water Port. Once the trial gets implemented, the fourth phase of the Yangshan Port will be able to control 4 million twenty-foot equivalent units.

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Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conferences like Jefferies conference)—to identify and collect information useful for this study of the Automated container terminal market. The purpose of secondary research was to identify and collection of extensive, technical, market-oriented, and commercial studies of the global automated container terminal market. Through secondary research, the market is classified and segmented as per industry trends, developments, regional markets, products, and technological developments.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on the automated container terminal market.

Primary Respondent breakdown is given below:

Automated Container Terminal Market – Trends Forecast Till 2028

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validate the total revenue of the automated container terminal market. This approach has also been used to derive the market for segmentation and sub-segmentation.

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data, we contact primary respondents in order to gain a 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

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