Automated Container Terminal Market - Trends Forecast Till 2028

Market Overview

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

Key Findings

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.

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.

Regional Analysis

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.

Competitive Landscape

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.

Recent Developments

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.