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Market Research Report

Global Smart Port Market - 2019-2026

Published by DataM Intelligence Product code 916634
Published Content info 130-180 Pages
Delivery time: 1-2 business days
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Global Smart Port Market - 2019-2026
Published: November 14, 2019 Content info: 130-180 Pages
Description

Market Overview

A smart port is an automated port that uses nascent technologies such as big data, Internet of Things (IoT), block chain solutions and other smart technology-based methods to improve performance and economic competitiveness. With these technologies, smart ports can also improve environmental sustainability. In an ideal smart port, processes would be automated and connected via IoT. The maritime industry has been testing block chain technology since 2017 and several shipping companies have partnered with tech companies to create block chain shipping systems to improve maritime logistics.

The global Smart Port market size was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period.

Market Dynamics

Rising environmental concerns and increasing need for real-time information are the major driving factors for the market growth globally. Due to the increasing size and volume of container, transport and cruise ships, ports continue to face new challenges with daily traffic and processing. Technologies such as IoT can improve warehouse logistics, inventory management, etc. and help automate loading, dispatching and transporting goods. In smart ports, parking spaces could be optimized and traffic streamlined by making more efficient use of limited space. Sensors, cameras, drones and other technologies can automatically collect and share information such as weather, traffic and pollution data for port owners and customers. In May 2018, Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has teamed up with Naver Business Platform (NBP) and Intel Korea to develop Smart Ship 4.0 service infrastructure.

However, Privacy and security issues are the key restraints hindering market growth worldwide. Since smart ports would have to deal with big data and operate using surveillance, data privacy and security are potential areas of concern. Concerns include questions of who will have access to the data, and how networks can be protected from hacking and sabotage.

Segment Analysis

By technology, the smart port market is segmented into the internet of things, artificial intelligence, block chain, and process automation. The global smart port market size by artificial intelligence was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period. In the 21st century, as ports merge with big data, artificial intelligence and IoT, the port is beginning to be seen as an interconnected smart environment bringing together different port sectors and even other ports. The whole supply chain is integrated while making autonomous, intelligent choices.

Manufacturers are focusing to have collaborations in order to introduce various technologies to the smart ports. For instance, n July 2019, PSA Corporation, which operates the world's largest container transshipment hub in Singapore, and Envision Digital International signed a Memorandum of Understanding (MoU) to collaborate in the fields of engineering, technology, Artificial Intelligence and Internet of Things (IoT) to develop a smart port.

By port type, the smart port is classified into inland port and seaport. The global smart port market size by seaport was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period.

By element, the smart port is divided into smart port infrastructure, terminal automation, port community system, and others. Others are further segmented into traffic management systems and smart safety & security. The global smart port market size by smart port infrastructure was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period

By Throughput Capacity, the smart port is divided into Scarcely Busy (Less Than 5 Million TEU), Moderately Busy (5-18 Million TEU) and Extensively Busy (More Than 18 Million TEU).

Geographical Analysis

The Asia Pacific Smart Port market size was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period. Asia Pacific is expected to grow with a high CAGR rate in the forecast period due to the development and growth of power generation industries and manufacturing industries in Asia Pacific economies like Japan, China, India, Hong Kong, and many countries. The high growth of the various industries in this region will improve marine operations more and which in turn act as key factors for the growth of smart port market in Asia Pacific.

Companies in the Asia Pacific are focusing on and having partnerships to develop new solutions to the smart port. For instance, In February 2019, Ericsson and China Unicom, the world's fourth-largest mobile service provider by subscriber base, have jointly announced that they are developing a 5G smart harbor at the Port of Qingdao in China.

Competitive Landscape

The Smart Port market is competitive with existing players in the market. Some of the major players include Royal Haskoning, Abu Dhabi Ports, Scientific Enterprises Ltd, Trelleborg, General Electric, Ikusi Velatia, IBM and Port of Rotterdam.

In January 2019, Estonian shipping company Tallink Grupp and the TalTech Estonian Maritime Academy started a scientific collaboration with the aim of developing smart ship solutions.

In May 2018, Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has teamed up with Naver Business Platform (NBP) and Intel Korea to develop Smart Ship 4.0 service infrastructure.

In May 2018, UK-based Rolls-Royce and Finnish shipowner Finferries announced that they will jointly develop strategies and solutions to optimize the safety and efficiency of marine operations.

In January 2018, The Port of Rotterdam Authority and IBM have joined forces on a multi-year digitization initiative to transform the port's operational environment using the Internet of Things (IoT) technologies.

In February 2019, Ericsson and China Unicom, the world's fourth-largest mobile service provider by subscriber base, have jointly announced that they are developing a 5G smart harbor at the Port of Qingdao in China.

Why Purchase the Report?

  • Visualize the composition of the smart port in terms of various types of technologies, elements, port types and they are throughout capacities highlighting the key commercial assets and players.
  • Identify commercial opportunities in the Smart Port market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of Smart Port market-level 4/5 segmentation.
  • A PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

The Smart Port report would provide access to an approx., 63 data tables, 61 figures, and 170 pages.

Target Audience

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers
Table of Contents

Table of Contents

1. Global Smart Port Market Methodology and Scope

  • 1.1. Research Methodology
  • 1.2. Research Objective and Scope of the Report

2. Global Smart Port Market - Market Definition and Overview

3. Global Smart Port Market - Executive Summary

  • 3.1. Market Snippet by Technology
  • 3.2. Market Snippet by Port Type
  • 3.3. Market Snippet by Element
  • 3.4. Market Snippet by Throughput Capacity
  • 3.5. Market Snippet by Region

4. Global Smart Port Market Dynamics

  • 4.1. Market Impacting Factors
    • 4.1.1. Drivers
      • 4.1.1.1. Rising environmental concerns
      • 4.1.1.2. The increasing need for real-time information
    • 4.1.2. Restraints
      • 4.1.2.1. Privacy and security issues
    • 4.1.3. Opportunity
    • 4.1.4. Impact Analysis

5. Global Smart Port Market - Industry Analysis

  • 5.1. Porter's Five Forces Analysis
  • 5.2. Regulatory Analysis
  • 5.3. Supply Chain Analysis

6. Global Smart Port Market - By Technology

  • 6.1. Introduction
    • 6.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
    • 6.1.2. Market Attractiveness Index, By Technology
  • 6.2. Internet of Things*
    • 6.2.1. Introduction
    • 6.2.2. Market Size Analysis, USD Million, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
  • 6.3. Artificial Intelligence
  • 6.4. Block Chain
  • 6.5. Process Automation

7. Global Smart Port Market - By Port Type

  • 7.1. Introduction
    • 7.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Port Type
    • 7.1.2. Market Attractiveness Index, By Port Type
  • 7.2. Inland Port*
    • 7.2.1. Introduction
    • 7.2.2. Market Size Analysis, USD Million, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
  • 7.3. Seaport

8. Global Smart Port Market - By Element

  • 8.1. Introduction
    • 8.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Element
    • 8.1.2. Market Attractiveness Index, By Element
  • 8.2. Smart Port Infrastructure*
    • 8.2.1. Introduction
    • 8.2.2. Market Size Analysis, USD Million, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
  • 8.3. Terminal Automation
  • 8.4. Port Community System
  • 8.5. Others (Traffic Management System, Smart Safety & Security)

9. Global Smart Port Market - By Throughput Capacity

  • 9.1. Introduction
    • 9.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Throughput Capacity
    • 9.1.2. Market Attractiveness Index, By Throughput Capacity
  • 9.2. Scarcely Busy (Less Than 5 Million TEU) *
    • 9.2.1. Introduction
    • 9.2.2. Market Size Analysis, USD Million, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2026
  • 9.3. Moderately Busy (5-18 Million TEU)
  • 9.4. Extensively Busy (More Than 18 Million TEU)

10. Global Smart Port Market - By Region

  • 10.1. Introduction
    • 10.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
    • 10.1.2. Market Attractiveness Index, By Region
  • 10.2. North America
    • 10.2.1. Introduction
    • 10.2.2. Key Region-Specific Dynamics
    • 10.2.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
    • 10.2.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Port Type
    • 10.2.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Element
    • 10.2.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Throughput Capacity
    • 10.2.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 10.2.7.1. U.S.
      • 10.2.7.2. Canada
      • 10.2.7.3. Mexico
  • 10.3. Europe
    • 10.3.1. Introduction
    • 10.3.2. Key Region-Specific Dynamics
    • 10.3.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
    • 10.3.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Port Type
    • 10.3.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Element
    • 10.3.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Throughput Capacity
    • 10.3.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 10.3.7.1. Germany
      • 10.3.7.2. U.K.
      • 10.3.7.3. France
      • 10.3.7.4. Italy
      • 10.3.7.5. Spain
      • 10.3.7.6. Rest of Europe
  • 10.4. South America
    • 10.4.1. Introduction
    • 10.4.2. Key Region-Specific Dynamics
    • 10.4.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
    • 10.4.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Port Type
    • 10.4.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Element
    • 10.4.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Throughput Capacity
    • 10.4.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 10.4.7.1. Brazil
      • 10.4.7.2. Argentina
      • 10.4.7.3. Rest of South America
  • 10.5. Asia Pacific
    • 10.5.1. Introduction
    • 10.5.2. Key Region-Specific Dynamics
    • 10.5.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
    • 10.5.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Port Type
    • 10.5.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Element
    • 10.5.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Throughput Capacity
    • 10.5.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 10.5.7.1. China
      • 10.5.7.2. India
      • 10.5.7.3. Japan
      • 10.5.7.4. Australia
      • 10.5.7.5. Rest of Asia Pacific
  • 10.6. Middle East and Africa
    • 10.6.1. Introduction
    • 10.6.2. Key Region-Specific Dynamics
    • 10.6.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
    • 10.6.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Port Type
    • 10.6.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Element
    • 10.6.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Throughput Capacity

11. Global Smart Port Market Competitive Landscape

  • 11.1. Competitive Scenario
  • 11.2. Market Positioning/Share Analysis
  • 11.3. Mergers and Acquisitions Analysis

12. Global Smart Port Market Company Profiles

  • 12.1. Royal Haskoning*
    • 12.1.1. Company Overview
    • 12.1.2. Product Portfolio and Description
    • 12.1.3. Key Highlights
    • 12.1.4. Financial Overview
  • 12.2. Abu Dhabi Ports
  • 12.3. Scientific Enterprises Ltd
  • 12.4. Trelleborg
  • 12.5. General Electric
  • 12.6. Ikusi Velatia
  • 12.7. IBM
  • 12.8. Port of Rotterdam

"List not exhaustive"

13. Global Smart Port Market - DataM

  • 13.1. Appendix
  • 13.2. About Us and Services
  • 13.3. Contact Us
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