DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/25hgwn/global_container) has announced the addition of the "Global Container Security and Tracking Market 2015-2019" report to their offering.
The Global Container Security and Tracking market to grow at a CAGR of 21.02 percent over the period 2014-2019.
The report covers the present scenario and the growth prospects of the Global Container Security and Tracking market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of shipping container security and tracking products.
An emerging trend in the global container security and tracking market is the increased demand for large-capacity vessels. These high-end vessels are characterized by high engine capacity, high bollard pull, large dock space, and increased storage capacity. These vessels use the latest technology and have a high utilization rate. Their cargo load capacity is high and, hence, they can transport large quantities.
According to the report, rising concern for the safety and security of cargo is a major driver in the market. Container security and tracking solutions provide enhanced security and their cargo handling features help streamline the logistics management process.
Further, the report states that the market is capital-intensive and characterized by high operational and maintenance costs, thereby leading to an increase in cash outflow for solution providers.
Key Vendors
- Cubic
- Honeywell Global Tracking
- IBM
- Intelleflex
- Kirsen Global Security
- Motorola Solutions
Other Prominent Vendors
- APS Technology
- CSB Technologies
- European Datacomm
- Global Tracking Technology
- Globe Tracker International
- Mark-It Services
- Omni-ID
- ORBCOMM
- Pear Track Systems
- RFID Global Solution
- Savi Technology
- Starcom Systems
For more information visit http://www.researchandmarkets.com/research/25hgwn/global_container
