Ports and Terminal Operations Market by Service and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR43309
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The ports and terminal operations market has the potential to grow by USD 7.04 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2.59%.

This ports and terminal operations market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by service (stevedoring, cargo and handling transportation, and others) and geography (APAC, Europe, North America, MEA, and South America). The ports and terminal operations market report also offers information on several market vendors, including A.P. Moller - Maersk AS, China Merchants Port Holdings Co. Ltd., COSCO Shipping International Co. Ltd., DP World, EUROKAI GmbH and Co. KGaA, Hutchison Port Holdings Trust, International Container Terminal Services Inc., Ports America Inc., PSA International Pte. Ltd., and Saam Logistics SA among others.

What will the Ports and Terminal Operations Market Size be in 2021?

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Ports and Terminal Operations Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growth of containerization is notably driving the ports and terminal operations market growth, although factors such as managing congestion risk may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the ports and terminal operations industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

This ports and terminal operations market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Ports and Terminal Operations Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • A.P. Moller - Maersk AS
  • China Merchants Port Holdings Co. Ltd.
  • COSCO Shipping International Co. Ltd.
  • DP World
  • EUROKAI GmbH and Co. KGaA
  • Hutchison Port Holdings Trust
  • International Container Terminal Services Inc.
  • Ports America Inc.
  • PSA International Pte. Ltd.
  • Saam Logistics SA

 

This statistical study of the ports and terminal operations market encompasses successful business strategies deployed by the key vendors. The ports and terminal operations market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The ports and terminal operations market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Ports and Terminal Operations Market?

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81% of the market’s growth will originate from APAC during the forecast period. China, Japan, and Singapore are the key markets for the ports and terminal operations market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Service Segments in the Ports and Terminal Operations Market?

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The ports and terminal operations market share growth by the stevedoring segment will be significant during the forecast period. The stevedoring services are expected to increase during the forecast period because of the increasing size of vessels, which enhances the complexities of the stevedoring process at ports. Stevedoring operation has the largest share in terminal operations, and this segment will continue to be the revenue-generating segment for port and terminal operators. The manufacturing of giant-sized gantry cranes at ports and terminals will further support and increase the demand for stevedoring operations across the world. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the ports and terminal operations market size and actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Ports and Terminal Operations Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive ports and terminal operations market growth during the next five years
  • Precise estimation of the ports and terminal operations market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the ports and terminal operations industry across APAC, Europe, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of ports and terminal operations market vendors

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Ports And Terminal Operations Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2.59%

Market growth 2021-2025

$ 7.04 billion

Market structure

Fragmented

YoY growth (%)

2.18

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 81%

Key consumer countries

China, Greece, Japan, Germany, and Singapore

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

A.P. Moller - Maersk AS, China Merchants Port Holdings Co. Ltd., COSCO Shipping International Co. Ltd., DP World, EUROKAI GmbH and Co. KGaA, Hutchison Port Holdings Trust, International Container Terminal Services Inc., Ports America Inc., PSA International Pte. Ltd., and Saam Logistics SA

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The ports and terminal operations market growth will increase by $4.64 billion during 2019-2024.
The ports and terminal operations market is expected to grow at a CAGR of 2.29% during 2019-2024.
Technavio has segmented the ports and terminal operations market by service (Stevedoring, Cargo and handling transportation, and Others) and geographic (APAC, Europe, North America, MEA, and South America).
APM Terminals, China Merchants Port Holdings Co.Ltd., COSCO SHIPPING LINES Co. Ltd., DP World, EUROKAI GmbH & Co. KGaA, Hutchison Port Holdings Trust, International Container Terminal Services Inc. (ICTSI), Ports America Inc., PSA International Pte. Ltd., SAAM are a few of the key vendors in the ports and terminal operations market.
APAC will register the highest growth rate of 65.52% among the other regions. Therefore, the ports and terminal operations market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the ports and terminal operations market growth are:
  • Growth of containerization
  • Automation of port operations
The ports and terminal operations market vendors should focus on grabbing business opportunities from the stevedoring segment as it accounted for the largest market share in the base year.
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