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What fueled the previous growth in the automated container terminal market?
In recent times, the market size of the automated container terminal has witnessed substantial growth. The growth is projected to increase from $13.01 billion in 2024 to $13.69 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.2%. Factors such as operational efficiency, labor optimization, cost reduction, increasing container traffic, safety, and security issues, and competitive pressure have contributed to the growth during the historic period.
What will be the automated container terminal market size in the future?
The market size for automated container terminals is projected to experience consistent expansion in the upcoming years. It’s predicted to escalate to a value of $15.9 billion in 2029, with a 3.8% compound annual growth rate (CAGR). This progression in the outlook period is attributable to advancements in areas such as artificial intelligence (AI), 5G connectivity, internet of things (IoT) integration, autonomous vehicles, drones, global trade development, and data analytics for preventive maintenance. Some of the key trends in this forecast timeframe are integration with intelligent port technologies, advancements in robotics technology, supply chain transparency through blockchain, digital twin technology, and a focus on environmental sustainability.
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What main drivers are fueling expansion in the automated container terminal market?
With the rise in the number of container ports, the automated container terminal market is anticipated to experience substantial growth. Container ports, otherwise known as container terminals, handle the transference of cargo containers among various transport modes for further shipments. Automated container terminals prove to be more efficient and high-yielding compared to their conventional manual counterparts. They can handle containers swiftly and accurately, ensuring faster ship turnover times and amplified terminal capacity. Given the persistent expansion of global trade, the need for efficient container terminals that can manage high throughput is becoming even more pressing. For example, the UK-based Department for Transport’s Port freight annual statistics revealed in July 2023 that UK ports processed a total of 458.9 million tonnes of cargo in 2022, marking a 3% growth from 2021. This growing number of container ports, therefore, is propelling the rise of the automated container terminal market.
What key areas define the segmentation of the global automated container terminal market?
The automated container terminal market covered in this report is segmented –
1) By Product: Software, Equipment, Services
2) By Project: Greenfield Projects, Brownfield Projects
3) By Automation: Semi Automation, Fully Automation, Quarry Crane
Subsegments:
1) By Software: Terminal Operating Systems (TOS), Automation Control Software, Data Analytics And Reporting Tools, Fleet Management Software
2) By Equipment: Automated Guided Vehicles (AGVs), Automated Stacking Cranes (ASCs), Quay Cranes, Automated Rail Mounted Gantry Cranes (ARMGC)
3) By Services: Consulting And Design Services, Implementation And Integration Services, Maintenance And Support Services, Training And Development Services
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Who are the dominant players expanding their reach in the automated container terminal market?
Major companies operating in the automated container terminal market report are Siemens AG, Cyberlogitec Co. Ltd., ABB Ltd., Emerson Electric Co., Nidec ASI, Liebherr Group, DP World Limited, Deutschland GmbH, Terex Corporation, Konecranes, Port of Hamburg Marketing, COSCO SHIPPING Ports Limited, JBT Corporation, ORBCOMM, Cargotec Corporation, Port Of Los Angeles, Shanghai Zhenhua Heavy Industries Co. Ltd., Port of Barcelona, INFORM GmbH, Port of Long Beach, Camco Technologies, IDENTEC Solutions, TBA Group, APM Terminals, Künz GmbH
How are evolving market trends shaping automated container terminal Strategies?
Key players in the automated container terminal market, such as Termina, are focusing on creating novel technological products to boost their market profits. Taiwan’s premier and largest wholly automated container terminal is Terminal 7, which officially commenced operations recently. For instance, the UK’s Evergreen Marine Corporation unveiled Terminal 7 at Kaohsiung Port in August 2023. The terminal is equipped with state-of-the-art technology including IoT-based information networks, fiber optic connections, 5G communication systems, and remote-operated gantry cranes. It is specifically designed to accommodate mega container ships, inclusive of Evergreen’s 24,000-TEU vessels and future 24 methanol-fueled 16,000-TEU vessels. Terminal 7’s emergence has significantly contributed to the advancement of automated and intelligent container terminals, expected to stimulate the region’s shipping-related economic growth and enhance operational efficiency.
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Which regions are emerging as leaders in the automated container terminal market?
North America was the largest region in the automated container terminal market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automated container terminal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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