The container fleet refers to the concept of sea containerization in an intermodal transport process. Increasing the use of large vessels reduces the cost of containers because they can store more containers at a time. This, combined with the rapid increase in the use of fleet management systems, is likely to stimulate growth in this market in the coming years.
Container Fleet Market Size and Growth Rate:
The global container fleet market was valued at US $ 8,460 billion in 2016. Research analysts expect this market to grow to a weighted average annual growth rate of 5.35% between 2017 and 2025 and reach US $ 13600 billion by the end of the forecast period.
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Container Fleet Market Growth Drivers and Restraints:
Environmental regulations for the use of water-based coatings will likely incur additional costs.
The integration of analyzes will help solve network-related problems, such as terminal operations, container use, and vessel implementation which provides many opportunities in the markets.
Geographical overview of Container Fleet Market:
However, growth in Asia Pacific is expected to grow more rapidly over the forecast period, followed by Europe, North America, Middle East and Africa, and Latin America.
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Key Players of Container Fleet Market:
Some of the leading market players of Container Fleet Market are CMA CGM, Hapag Lloyd, Mediterranean Shipping Company, Maersk Line, Mitsui O.S.K. Lines, China Ocean Shipping Group, Westfal-Larsen Shipping, Evergreen Marine Corporation and others.
Container Fleet Market Segmentation:
- Reefer Container
- Dry Container
- Tank Container
- Oil & Gas
- Mining & Minerals
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
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