Global Ports and Terminal Operations Market 2024-2028

Global Ports And Terminal Operations Market 2024-2028

The ports and terminal operations market is forecasted to grow by USD 48.64 bn during 2023-2028, accelerating at a CAGR of 10.46% during the forecast period. The report on the ports and terminal operations market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of containerization, technological advancements in ports and terminal operations, and rise in tourism.

Technavio's ports and terminal operations market is segmented as below:

By Application

• Food transportation
• Steel transportation
• Coal transportation
• Others

By Service Type

• Stevedoring
• Cargo handling and transportation
• Others

By Geographical Landscape

• APAC
• Europe
• North America
• Middle East and Africa
• South America

This study identifies the emergence of real-time location systems (RTLS) as one of the prime reasons driving the ports and terminal operations market growth during the next few years. Also, increase in investment in port infrastructure and integration of blockchain technology in ports and terminal operations will lead to sizable demand in the market.

The report on the ports and terminal operations market covers the following areas:

• Ports and terminal operations market sizing
• Ports and terminal operations market forecast
• Ports and terminal operations market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ports and terminal operations market vendors that include Adani Ports and Special Economic Zone Ltd., AP Moller Maersk AS, Asian Terminals Inc., China Merchants Port Holdings Co.Ltd., CK Hutchison Holdings Ltd., COSCO Shipping International Co. Ltd., CRESCENT GROUP HOLDINGS LTD., Delo Group, DP World, EUROKAI GmbH and Co. KGaA, International Container Terminal Services Inc., Klaipedos Smelte, Ocean Network Express Pte. Ltd., Ports America Inc., PSA International Pte Ltd., PT Pelabuhan Indonesia III, Sociedad Matriz SAAM SA, Terminal Investment Ltd. Sarl, YILDIRIM HOLDING INC., and Shanghai International Port Group Co. Ltd.. Also, the ports and terminal operations market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.