Automated Container Terminal Market Share

North American Marker Forecast

The North America automated container terminal market is poised to hold the largest revenue share of about 30% over the forecast period. The major element influencing market growth in this region is growing adoption of robots. North American installations was predicted to expand by about 16% to over 42,000 units in 2021. Hence, the deployment of robots in shipping industry is also growing. Consequently, the market for automated container terminal is set to grow in this region.

APAC Market Analysis

The automated container terminal market in Asia Pacific is also set to have notable growth over the coming years. The demand for essential products is largely met by imports in the developing nations of Asia Pacific. Food, gasoline, medicine, and useful resources including industrial machinery and appliances are among the major imports that are transported mostly by sea. As a result, the market is slated to rise in this region.

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are urge to reduce labor forces, surge in need to reduce carbon emission, and growing government initiatives.

The market size of automated container terminal is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024 â€“ 2036.

The major players in the market are APM Terminals, DP World Limited, Port of Hamburg Marketing, Port of Los Angeles, and others.

The fully automation segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.

Automated Container Terminal Market Share