Port Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity.
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 to 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.
Recent Developments
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.
Key Players
· IBM
· General Electric
· Port of Rotterdam
· Royal Haskoning
· Trelleborg
· Scientific Enterprises
· Iocurrents
· Nautix
· Port Solutions
· General Electric
· Ikusi Velatia
· Apm Terminals
· Navis
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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.
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)
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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In addition to the market data for Port Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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