The latest market report published by Credence Research, Inc. “Global Container Fleet Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the container fleet market was valued at USD 8,830.1 Mn in 2016, and is expected to reach USD 8,847.8 Mn by 2025, expanding at a CAGR of 0.02% from 2017 to 2025.
Market Insights
Since a decade, the world is struggling to cope with huge economic and political changes which created several challenges, one of the key impact on global market was the crash of the financial market in year 2008. According to market experts, the complete restoration of container fleet market will require indefinite years of solid improvements to raise fleet utilization rates.
Browse the full report Container Fleet Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 at http://www.credenceresearch.com/report/container-fleet-market
On the other hand, overcapacity of the sector should be reduced almost everywhere. In addition, government support for container fleet or overall shipping industry is expected to channelize the growth of these markets the globe. However, the major growth driver for container fleet market is significant growth in intermodal freight transportation which requires standard containers as they provide high efficiency in terms of container carrying capacity per voyage. In case of type of container fleets, reefer container market is growing due to increasing demand especially for refrigerated sea transportation.
According to industry experts, the container fleet market is experiencing high usage of fleet management technologies to develop their operational efficiency, to decrease risk, tracking of fleet, and ultimately decrease the operational cost. The operational productivity of container fleets the demand for fleet management technologies is the growing. Moreover, the changing market demands have forced major manufacturing companies to especially focus on manufacturing of temperature controlled containers especially for transportation of perishable commodities.
Request Sample: http://www.credenceresearch.com/sample-request/58400
Asia-Pacific accounted for the major market share in the global container fleet market due to market introduction of several innovative technologies that help to improve trade against lagging yield capacity, slowly growing research activities, competition to enhance ship capacity, and innovative projects to lower the carbon emission. As Asia-Pacific has higher number of developing countries in most of the integral business areas it is the largest market for cargo shipping trade. Among the major Asian countries such as Hong Kong, Japan, China, Singapore, Malaysia, and Thailand; China was observed as the largest country in container fleet market.
Key Market Movements:
- Rising demand for intermodal transportation
- Increasing global demand from reefer container fleets
- High capital investments and presence of a few ports with enhanced container handling facility
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290
No comments:
Post a Comment