Automation (Semi-Automation, Fully Automation, Quay Crane)
The fully automation segment in the automated container terminal market is projected to garner the highest share of about 60% over the forecast period. There has been surge in adoption of technology such AI and ML (machine learning) which is further converting the process fully automated hence reducing the labor need. Moreover, labor working in this industry are prone to accidents owing to which fully automated solution is gaining more preference.
Product (Software, Equipment, Services)
The equipment segment is expected to generate the largest share of about 50% over the forecast period. This encompasses a range of automated equipment and infrastructure needed to properly handle containers, including automated guided vehicles (AGV), automated stacking cranes, and terminal operating systems (TOS).
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Richa Gupta
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