The analysts forecast the global straddle carrier market to grow at a CAGR of 4.48% during the period 2017-2021.
Global Straddle Carrier Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is growing adoption of automated terminals. Innovations and modern developments in technology have steered numerous changes in the maritime industry.
The introduction of navigation software, radio frequency identification (RFID) sensors, and other technicalities in the remotely operated cranes marks significant developments in the automated handling equipment at ports. These have made navigation and cargo handling operations much easier and more efficient.
One of the major drivers for this market is sea transport, a cost-effective way of logistic transport. The global seaborne trade has increased with significant growth in the container trade. Since both railways and waterways are efficient modes of transportation, they will get less affected by the increase in oil prices than trucking, especially for long-distance transportation.
Moreover, the increase in the demand for railways or trucks as intermodal services will result in the depletion of the capacity and increase in prices. As the use of waterways is increasing, it will also result in the growth of the global straddle carrier market.
Other prominent vendors
Terex Port Solutions
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Geographical segmentation
Part 07: Decision framework
Part 08: Drivers and challenges
Part 09: Market trends
Part 10: Vendor landscape
Part 11: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/rz72nz/global_straddle