Automated Container Terminal Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Automated Container Terminal Market, valued at USD 10.2 billion in 2023, is projected to grow at a CAGR of over 7% from 2024 to 2032. A primary driver for this growth is the reduction of labor costs. Automation in container terminals lessens the dependence on manual labor, leading to significant operational cost savings. Automated systems, functioning round-the-clock without shifts or breaks, amplify these savings. For example, in August 2024, Shanghai International Port Group (SIPG) inaugurated the first phase of the Luojing terminal, boosting Shanghai's capacity by 2.6 million TEU annually.

Factors driving the growth of the Automated Container Terminal Market include the need for operational efficiency, cost savings, and the push for sustainability. As global trade volumes rise, ports are under pressure to enhance throughput and reduce turnaround times. Automated terminals, with their ability to operate continuously and optimize processes, offer a solution. Furthermore, as environmental concerns gain prominence, the energy efficiency and reduced emissions of automated systems align with global sustainability goals.

The overall Automated Container Terminal Market is segmented based on Automation Level, Solution, Project, and Region

The market, segmented by solution, comprises hardware, software, and services. In 2023, hardware dominated with a 65% market share. This segment's supremacy stems from its foundational role in automation, facilitating essential operations like container handling and transportation. Key components, including gantry cranes and Automated Guided Vehicles (AGVs), are vital for executing terminal tasks. As ports aim for heightened efficiency and reduced manual labor, investments in advanced hardware become paramount. The segment's high costs and complexities, coupled with ongoing innovations in automation technology, further cement its leading revenue position.

The semi-automation segment held a market share of 65% in 2023, due to its balanced approach. By merging automated systems with human oversight, semi-automation enhances operational efficiency while retaining flexibility. This adaptability allows terminals to scale their automation based on evolving needs, making it a favored choice in the industry. As a result, the semi-automation segment plays a pivotal role in driving the market's expansion.

Asia Pacific Automated Container Terminal Market accounted for 40% share in 2023 and will continue to grow through 2032, due to industrial momentum and strategic investments. With nations like China and Singapore at the forefront, the region witnesses a surge in cutting-edge automated terminals. Factors such as robust trade volumes, pivotal maritime routes, and supportive government initiatives, including China's Belt and Road Initiative, further bolster the region's standing in the global market.

Product Code: 10760

Chapter 1 Methodology and Scope

1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
1.2 Base estimates and calculations
- 1.2.1 Base year calculation
- 1.2.2 Key trends for market estimation
1.3 Forecast model
1.4 Primary research and validation
- 1.4.1 Primary sources
- 1.4.2 Data mining sources
1.5 Market definitions

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Supplier landscape
- 3.2.1 Solution Providers
- 3.2.2 Software Providers
- 3.2.3 Distributors/Logistics
- 3.2.4 End user
3.3 Profit margin analysis
3.4 Technology and innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Labor cost reduction and increasing efficiency
  - 3.8.1.2 Increasing global trade increasing the influx of containers
  - 3.8.1.3 Government regulations and safety standards
  - 3.8.1.4 Advancements in port terminal automation technology
- 3.8.2 Industry pitfalls and challenges
  - 3.8.2.1 High initial capital expenditure
  - 3.8.2.2 Integration issues with existing infrastructure
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share
4.3 Competitive analysis of major market players
4.4 Competitive positioning matrix
4.5 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Automation Level, 2021-2032 ($Bn)

5.1 Key trends
5.2 Semi-automation
5.3 Fully automation

Chapter 6 Market Estimates and Forecast, By Solutions, 2021-2032 ($Bn)

6.1 Key trends
6.2 Hardware
6.3 Software
- 6.3.1 Terminal Operating System (TOS)
- 6.3.2 Equipment Control System (ECS)
6.4 Services

Chapter 7 Market Estimates and Forecast, By Projects, 2021-2032 ($Bn)

7.1 Key trends
7.2 Greenfield projects
- 7.2.1 Semi-automation
- 7.2.2 Fully automation
7.3 Brownfield projects
- 7.3.1 Semi-automation
- 7.3.2 Fully automation

Chapter 8 Market Estimates and Forecast, By Region, 2021-2032 ($Bn)

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Russia
- 8.3.7 Nordics
- 8.3.8 Rest of Europe
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 ANZ
- 8.4.6 Southeast Asia
- 8.4.7 Rest of Asia Pacific
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Rest of MEA

Chapter 9 Company Profiles

9.1 ABB Ltd.
9.2 Camco Technologies NV
9.3 Cargotec Corporation
9.4 Cyberlogitec Co., Ltd.
9.5 DP World
9.6 General Electric Company (GE)
9.7 Hans Kunz GmbH
9.8 Hyster-Yale Group, Inc.
9.9 IDENTEC Solutions AG
9.10 Konecranes Oyj
9.11 Liebherr Group
9.12 ORBCOMM Inc.
9.13 PSA International Pte Ltd
9.14 Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC)
9.15 Sick AG
9.16 Siemens AG
9.17 Terex Corporation
9.18 Tideworks Technology, Inc.