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.
Author Credits: Richa Gupta
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