The Global Smart Port Market Size, By Element (Terminal Automation & Cargo Handling, Port Community Systems (PCS), Smart Safety & Security, Traffic Management Systems (TMS), Automated Information System (AIS), Real-Time Location System (RTLS), Smart Port Infrastructure, Automated Mooring System, Gate Automation, Shore Power, Smart Energy & Environment Solution), By Technology(Internet of Things (IoT), Blockchain, Process Automation, Artificial Intelligence (AI)), By Throughput Capacity( Extensively Busy Ports (Above 18 million TEU), Moderately Busy Ports (5–18 million TEU), Scarcely Busy Ports (Below 5 million TEU)), By Port Type(Seaport, Inland Port), and By Region, Market Share & Forecast till 2022 – 2027.
Global Smart Port Market
The Global Smart Port Market size is estimated to be USD 1.9 billion in 2022 and is projected to reach USD 5.7 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 24.3% during the forecast period, 2022 – 2027.
The Global Smart Port market delivers a comprehensive evaluation of the market. It does give a comprehensive analysis via research study which observes historical data & emerging technology to determine the industry’s growth drivers.
The growth of the Smart Port Market is attributed to the increasing need to enhance the efficiency of port operations & reducing carbon footprint. Further, government initiatives in development of smart port infrastructure, up gradation of existing ports & development of new ports to drive the demand for smart ports in future.
In this report study, the key trend prospects & important drivers for the Smart Port market’s growth are explored and analyzed in depth. The market dynamics included in the report includes drivers, restraints, opportunities, and challenges, which may have a positive or negative impact on market overall growth.
Global Smart Port Market Report Objective
This report helps the user understand the market in terms of definition, segmentation, market potential, key trends, and industry challenges. Industry analysis were undertaken across the report’s framework, which will help readers obtain a comprehensive scenario of the market. The market statistics & data were acquired from reliable sources such as websites, annual reports of companies, journals, and other publications, then double-checked and validated by industry experts.
This report also covers PORTER’S five forces to help determine several factors like the threat of substitutes, competitive analysis, power of buyer, supplier as well as the threat of new entry. The report has classified the Global Smart Port Market based on, Element, Technology, Throughput Capacity, Port Type, and Region.
Key Players:
The Global Smart Port Market is dominated by major players such as ABB, IBM, General Electric, Accenture, Siemens, Kalmar, Microsoft, Port of Rotterdam, TCS, Ramboll Group A/S, Abu Dhabi Ports, Ikusi Velatia, Trelleborg AB, Bloc, and others.
Market Taxonomy
By Element
Terminal Automation & Cargo Handling
Port Community Systems (PCS)
Smart Safety & Security
Traffic Management Systems (TMS)
Automated Information System (AIS)
Real-Time Location System (RTLS)
Smart Port Infrastructure
Automated Mooring System
Gate Automation
Shore Power
Smart Energy & Environment Solution
By Technology
Internet of Things (IoT)
Blockchain
Process Automation
Artificial Intelligence (AI)
By Throughput Capacity
Extensively Busy Ports (Above 18 million TEU)
Moderately Busy Ports (5–18 million TEU)
Scarcely Busy Ports (Below 5 million TEU)
By Port Type
Seaport
Inland Port
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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