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Beyond the Horizon: Analyzing Value and Forecast in Port Market Research

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Pushpendra Shukla
Beyond the Horizon: Analyzing Value and Forecast in Port Market Research

Port Market Overview

The Port Market study report provides an inclusive breakdown of the Port Market size across the world as regional and nation-level market size evaluation, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background, and sales examination of the financiers. Along with that, the report clarifies the foremost challenges and risks to face in the forecast period. This Port Market research report gives a helpful view regarding the economic outlook of the international market. It comprises a detailed picture of the segment demonstration of the key universal players working in the market. The research analysis also prepares historical records with profits expectations during the estimated period and, the business producing of the prominent industrialists are also underlined with methodological records in the report.

Port Market, by Technology (IoT, Blockchain, Process Automation, Artificial Intelligence (AI)), Elements (Terminal Automation, PCS, Smart Port Infrastructure), Throughput Capacity, Port Type and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)


The global Port market size is projected to reach USD 5.3 billion by 2026 at a CAGR of 24% from USD 1.8 billion in 2021 during the forecast period 2021-2028.

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A port is a place which is near to a water body. A smart port is a NexGen. Development wherein the ports are well equipped with the latest technologies such as sensors and other devices. This allows the increased efficiency of the ports and also led to the improvement of the associated economy.

Owing to the recent increased dependency on real time data along with the need to the reduction in carbon emission from the maritime industry are some of the factors that have supported long-term expansion for Port Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. Wit the prevalent lockdown conditions and strict government norms the market has been negatively affected.

Port Market Regional Analysis

Asia Pacific is expected to be the largest market during the forecast period. The economic development in the region have led to the expansion of market in the region.

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Port Market Competitive Landscape

Key Players

·        IBM

·        General Electric

·        Port of Rotterdam

·        Royal Haskoning

·        Trelleborg

·        Scientific Enterprises

·        Iocurrents

·        Nautix

·        Port Solutions

·        General Electric

·        Ikusi Velatia

·        Apm Terminals

·        Navis

Recent Developments in The Port Market

·        In April 2021, a new digital service was introduced by Abu Dhabi ports in order to streamline the management of Abu Dhabi’s slipways.

·        In March 2021, a contract from the Port of Kiel offered a contract to Siemens for the implementation a cloud-based power monitoring solution for its shore power system.

Reasons to Acquire Port Market Report

·        Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

·        Gain authentic and granular data access for Port market so as to understand the trends and the factors involved behind changing market situations

·        Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

·        In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Table of Contents

Port Market is segmented into Element, Throughput Capacity, Technology, Port Type and geography:

On the basis of Element

Terminal Automation & Cargo Handling

Port Community System (PCS)

Traffic Management System (TMS)

Automated Information System (AIS)

Real-Time Location System (RTLS)

Others

Smart Port Infrastructure

Automated Mooring System

Gate Automation

Shore Power

Smart Energy & Environment Solution

Smart Safety & Security

On the basis of Technology

IoT

Blockchain

Process Automation

Artificial Intelligence (AI)

On the basis of Port Type

Seaport

Inland Port

On the basis of Region

Asia Pacific

North America

Europe

South America

Middle East & Africa

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