Report Ocean published a new report on the ‘Global Ports and Terminal Operation Market’. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Get a complete report on Ports and Terminal Operation Market’ (Including Full TOC, 200+ Tables & Figures, and charts). –Covers Precise Information on Pre & Post COVID-19 Market Outbreak by Region.
Global Ports and Terminal Operation Market is valued approximately USD $$ billion in 2019 and is anticipated to grow with a healthy growth rate of more than 2.0 % over the forecast period 2020-2027.
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A terminal would be part of a port. A port usually describes the location where the ships are lodging and carrying out activities. There can be multiple terminals within a port through which cargo transits from sea to land. A terminal refers to the specific portion of a port dedicated to some type of activity, like containers as well as bulks. Rising utility & demand of containerization is driving the market. According to Statista, the global container market is projected to rise by 4.8 per cent between 2020 and 2021. In 2018 the global market volume reached approximately 146.4 million twenty-foot equivalent units (TEU). APM-Maersk is the leading container ship operator in the world, with a fleet of more than 600 container ships. Shanghai port is world’s busiest container port. In 2018 we handled around 42 million twenty-foot equivalent units here. Growth in regional trade and increased use of IoT solutions will offer tremendous opportunities for growth.
According to World Shipping Council, More than 200 countries have container ships which are open to ports. Ports quantify the volume of twenty-foot equivalent unit (TEU) containers wjich they handle. Containers which are handled by all ports around the world (including empties, transshipments and port handling) are estimated at over 785 million TEU in 2018. Managing congestion risk, increased operational complexity, and consolidation of the liner industry may hinder market growth. Vendors must focus on growth prospects in the fast-growing segments, and at the same time maintaining their positions in the slow-growing segments to make the most of opportunities.
The regional analysis of global Ports and Terminal Operation market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. During the forecast period APAC will offer market vendors several growth opportunities. Automating port operations, increasing port infrastructure investment, and increasing M&A activities to achieve economies of scale will have a significant influence on the growth of the ports and terminal operations market in this region. During the forecast period, major market growth will originate from APAC. The major markets for ports and terminal operations in APAC are China, Japan and Singapore. The market for ports and terminal operations in EMEA is projected to grow at a slow rate over the forecast period due to factors such as UK exiting the European Union referendum in 2016, slow economic growth in African countries and low consumer spending in the area.
Major market player included in this report are:
International Container Terminal Services Inc.
China Merchants Port Holdings Company Limited
Eurogate Container Terminal Limassol Ltd
Ports America Inc
Global Ports Holding Plc
SAAM Group
Gulftainer
APW Terminals
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
by Type
Stevedoring
Cargo Handling and Transportation
by Application
Food Transportation
Coal Transportation
Steel Transportation
others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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This report answers the following key questions:
- How big is the market as a whole in 2022? What rate of market expansion is anticipated between 2023 to 2030?
- Which region would experience a high demand for goods in the years to come?
- What are the variables promoting the market’s expansion?
- Which sub-market will have the most impact on the market?
- What market opportunities exist for established and new players?
- What different short-term and long-term tactics have the market players adopted?
With regard to the COVID-19 Outbreak Impact Analysis:
- In light of COVID-19, the report examined market trends.
- On the basis of the upstream and downstream markets, the study examined COVID-19’s effects on the manufacturing industry’s supply chain.
- We examine how COVID-19 has affected diverse regions and significant nations.
- It is noted how COVID-19 will affect the industry’s future growth.
Examined in the study are:
- Market behavior, risk, and opportunity levels
- An assessment of end-industry behavior and opportunity
- An anticipated timeline for industry recovery.
What is the key information extracted from the report?
- Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
- The report offers the present scenario and future growth prospects Market in various geographical regions.
- The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
- The SWOT analysis is conducted along with Porter’s Five Force analysis.
- The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
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