LONDON--(BUSINESS WIRE)--Technavio has been monitoring the ports and terminal operations market and it is poised to grow by USD 4.64 billion during 2020-2024, progressing at a CAGR of over 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions-
- What was the value of the ports and terminal operations market in 2019?
- Technavio says that the value of the market was at USD 38.76 billion in 2019 and is projected to reach USD 43.40 billion by 2024.
- At what rate is the market projected to grow during the forecast period 2020-2024?
- Growing at a CAGR of over 2%, the market growth will accelerate during the forecast period.
- What is the key factor driving the market?
- Growth of containerization and automation of port operations are the key factors driving the market growth.
- Who are the top players in the market?
- APM Terminals, China Merchants Port Holdings Co. Ltd., COSCO SHIPPING LINES Co. Ltd., DP World, EUROKAI GmbH & Co. KGaA, Hutchison Port Holdings Trust, International Container Terminal Services Inc. (ICTSI), Ports America Inc., PSA International Pte. Ltd., and SAAM are some of the major market participants.
- Which region is expected to hold the highest market share?
- APAC
- What is the year-over-year growth rate of the global market?
- The year-over-year growth rate for 2020 is estimated at 2.19%.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. APM Terminals, China Merchants Port Holdings Co.Ltd., COSCO SHIPPING LINES Co. Ltd., DP World, EUROKAI GmbH & Co. KGaA, Hutchison Port Holdings Trust, International Container Terminal Services Inc. (ICTSI), Ports America Inc., PSA International Pte. Ltd., and SAAM are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The growth of containerization has been instrumental in driving the growth of the market.
Ports and Terminal Operations Market 2020-2024: Segmentation
Ports and Terminal Operations Market is segmented as below:
-
Service
- Stevedoring
- Cargo and Handling Transportation
- Others
-
Geography
- APAC
- Europe
- North America
- MEA
- South America
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Ports and Terminal Operations Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our ports and terminal operations market report covers the following areas:
- Ports and Terminal Operations Market size
- Ports and Terminal Operations Market trends
- Ports and Terminal Operations Market analysis
This study identifies the automation of port operations as one of the prime reasons driving the ports and terminal operations market growth during the next few years.
Ports and Terminal Operations Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the ports and terminal operations market, including some of the vendors such as APM Terminals, China Merchants Port Holdings Co.Ltd., COSCO SHIPPING LINES Co. Ltd., DP World, EUROKAI GmbH & Co. KGaA, Hutchison Port Holdings Trust, International Container Terminal Services Inc. (ICTSI), Ports America Inc., PSA International Pte. Ltd., and SAAM. Backed with competitive intelligence and benchmarking, our research reports on the ports and terminal operations market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Ports and Terminal Operations Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist ports and terminal operations market growth during the next five years
- Estimation of the ports and terminal operations market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the ports and terminal operations market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of ports and terminal operations market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Service
- Market segments
- Comparison by Service
- Stevedoring - Market size and forecast 2019-2024
- Cargo and handling transportation - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Service
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- APM Terminals
- China Merchants Port Holdings Co. Ltd.
- COSCO SHIPPING LINES Co. Ltd.
- DP World
- EUROKAI GmbH & Co. KGaA
- Hutchison Port Holdings Trust
- International Container Terminal Services Inc. (ICTSI)
- Ports America Inc.
- PSA International Pte. Ltd.
- SAAM
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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