The global Port market size is projected to reach USD 5.3 billion by 2026 at a CAGR of 24% from USD 1.8 billion in 2021 during the forecast period 2021-2028.
A port is a place which is near to a water body. A smart port is a NexGen. Development wherein the ports are well equipped with the latest technologies such as sensors and other devices. This allows the increased efficiency of the ports and also led to the improvement of the associated economy.
Owing to the recent increased dependency on real time data along with the need to the reduction in carbon emission from the maritime industry are some of the factors that have supported long-term expansion for Port Market.
The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. Wit the prevalent lockdown conditions and strict government norms the market has been negatively affected.
Asia Pacific is expected to be the largest market during the forecast period. The economic development in the region have led to the expansion of market in the region.
Insights are provided for each region and major countries within the regions
|
Report Feature |
Descriptions |
|---|---|
|
Market Revenue In 2021 |
USD 1.8 billion |
|
Growth Rate |
CAGR of 24% during the forecasting period, 2021-2028 |
|
Historical Data |
2018-2019 |
|
Forecast Years |
2021-2028 |
|
Base Year |
2020 |
|
Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
|
Report Segmentation |
Element, Throughput Capacity, Technology, Port Type and geography |
|
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
|
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
|
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
|
Companies Profiled |
IBM , General Electric , Port of Rotterdam , Royal Haskoning , and Trelleborg |
|
Available Customization |
In addition to the market data for Port Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Port Market is segmented into Element, Throughput Capacity, Technology, Port Type and geography:
On the basis of Element
On the basis of Technology
On the basis of Port Type
On the basis of Region
.png)
.png)
.png)
.png)
.png)
.png)