Automated Port Terminals Market Size will Observe Lucrative Surge By the End 2027
Automated Port Terminals Market: A Snapshot
Despite significant strides in automotive, mining, and construction, automation continues to lag behind in ports. However, with the advent of new suitable technology, the automated port terminals market is poised to embed far more technology in the near future. The automated port terminals include five key components. Among these are automation in equipment, equipment-control automation, and terminal tower control.
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Automated equipment has become a necessity for port terminals despite high initial investment costs and many a times, low factor costs. The automation is equipment makes way for stable and smooth operations in yard operations, ship to shore, gate automation, and ground transportation. There are several projects around the world where these are implemented successfully and its importance continues to rise as, thanks to the added consistency and efficiency to operations.
The automation in port terminals also includes equipment-control systems. These systems are designed to make operations smoother and gather important information that lead to better decision making. Although there is no easy-fit for equipment of various kinds with a wide range of surfaces, however automation in tasks like gate-operating is making ways for advanced sophistication which is essential. The automatic identification of containers and trucks makes way for a much smoother experience both for suppliers as well as port authorities.
The control tower is in many ways the brain behind the smooth-functioning of ports. Automation in this area can go a long way in coordinating and optimizing workflow management, forecasting, and gaining crucial control over critical objectives. The new fields such as Big Data and Artificial Intelligence are making ways for better forecasting and analytics. This is expected to drive better human-machine interactions and better relationship with the port community as a whole.
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Global Automated Port Terminals Market – Competitive Landscape
- In September 2019, Cargotec’s division, MacGregor, designed the cargo system for the world’s largest container ship, MSC Gülsün.
- In July 2019, Konecranes received an order from Klaipeda Container Terminal (KCT) in Lithuania for two Ship-to-Shore (STS) cranes. This is the second order after the Gottwald Model 5 Mobile Harbor Crane of Konecranes which was delivered in June 2019.
Cargotec Corporation
Established in 2005, Cargotec Corporation is headquartered in Helsinki, Finland. The company is focused on providing cargo and load handling solutions. The company majorly deals in Kalmar, Hiab, and MacGregor business areas. Cargotec Corporation operates in more than 100 countries.
Orbita Port & Terminals
Established in 2006, Orbita Port & Terminals is based in Valencia, Spain. The company engages in designing and commissioning automation engineering solutions within the ports and terminals sector. The company provides gate automation, crane automation, yard automation, rail automation, and management solutions within its portfolio to cater within automated port terminals market.
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