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Automated Container Terminal Market Trends

  • Report ID: GMI10760
  • Published Date: Aug 2024
  • Report Format: PDF

Automated Container Terminal Market Trends

A major trend in the automated container terminal industry is the shift toward full-scale automation driven by the need for increased efficiency and sustainability. Ports around the world are increasingly adopting advanced technologies, such as AI, IoT, and robotics, to automate container handling processes, reduce labor costs, and minimize human error. This trend is fueled by growing environmental concerns, as automated terminals often incorporate energy-efficient systems and produce lower emissions. The move toward automation enhances throughput and operational efficiency, and positions ports to better meet the demands of global trade while adhering to stricter environmental regulations.
 

For instance, in August 2023, Evergreen Marine Corp. (EMC) launched Taiwan’s first fully automated container terminal, Terminal 7, at Kaohsiung Port. Developed in collaboration with Taiwan International Ports Corporation (TIPC), this state-of-the-art terminal features 24 remote-controlled gantry cranes, automated rail-mounted gantry cranes, and smart gates. The terminal, equipped to handle ultra-large container ships, will significantly enhance operational efficiency while reducing carbon emissions by consolidating cargo handling services.
 

When fully operational, Terminal 7 can accommodate four 24,000 TEU container ships simultaneously, with an expected annual handling volume of 6.5 million TEU. The terminal integrates advanced technologies such as 5G, IoT networks, and energy-saving equipment, contributing to more eco-friendly and efficient port operations.

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of automated container terminal reached USD 10.2 billion in 2023 and is set to register over 7% CAGR between 2024 and 2032, owing to government regulations and safety standards.

The hardware segment held 65% share in 2023, as it forms the backbone of automation.

Asia Pacific market accounted for 40% share in 2023, due to its rapid industrialization and large-scale investments in port infrastructure.

Cargotec, Konecranes, Shanghai Zhenhua Heavy Industries Company Limited (ZPMC), Liebherr, ABB, K

Automated Container Terminal Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 341
  • Countries covered: 21
  • Pages: 250
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