COVID-19 Impacts: Container Fleet Market Will Accelerate at a CAGR of over 4% through 2020-2024|Growing Intermodal Freight Transportation to Boost Growth| Technavio
Technavio has been monitoring the container fleet market and it is poised to grow by 5.34 teu during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
What was the value of the container fleet market in 2019?
Technavio says that the value of the market was 23.2 teu in 2019 and is projected to reach 28.54 teu by 2024.
At what rate is the market projected to grow during the forecast period 2020-2024?
Growing at a CAGR of over 4%, the market growth will accelerate during the forecast period.
What is the key factor driving the market?
Growing intermodal freight transportation is one of the key factors driving the market growth.
Who are the top players in the market?
A.P. Moller - Maersk AS, China COSCO SHIPPING Corp. Ltd., CMA CGM Group, Evergreen Marine Corp. (Taiwan) Ltd., Hapag Lloyd, HYUNDAI Merchant Marine Co. Ltd., Kawasaki Kisen Kaisha Ltd., Mediterranean Shipping Co. SA, Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha are some of the major market participants.
Which region is expected to hold the highest market share?
APAC
What is the year-over-year growth rate of the global market?
The year-over-year growth rate for 2020 is estimated at 3.71%.
The market is concentrated, and the degree of concentration will accelerate during the forecast period. A.P. Moller - Maersk AS, China COSCO SHIPPING Corp. Ltd., CMA CGM Group, Evergreen Marine Corp. (Taiwan) Ltd., Hapag Lloyd, HYUNDAI Merchant Marine Co. Ltd., Kawasaki Kisen Kaisha Ltd., Mediterranean Shipping Co. SA, Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Growing intermodal freight transportation has been instrumental in driving the growth of the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our container fleet market report covers the following areas:
Container Fleet Market size
Container Fleet Market trends
Container Fleet Market analysis
This study identifies consolidation and alliance formation for cost-saving as one of the prime reasons driving the container fleet market growth during the next few years.
Container Fleet Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the container fleet market, including some of the vendors such as A.P. Moller - Maersk AS, China COSCO SHIPPING Corp. Ltd., CMA CGM Group, Evergreen Marine Corp. (Taiwan) Ltd., Hapag Lloyd, HYUNDAI Merchant Marine Co. Ltd., Kawasaki Kisen Kaisha Ltd., Mediterranean Shipping Co. SA, Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha. Backed with competitive intelligence and benchmarking, our research reports on the container fleet market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist container fleet market growth during the next five years
Estimation of the container fleet market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the container fleet market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of container fleet market vendors
Table of Contents:
Executive Summary
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Type by Volume
Market segments
Comparison by Type volume chart
Dry containers - Market size and forecast 2019-2024 (teu)
Reefer containers - Market size and forecast 2019-2024 (teu)
Tank containers - Market size and forecast 2019-2024 (teu)
Market opportunity by Type volume chart
Customer Landscape
Geographic Landscape by Volume
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024 (teu)
Europe - Market size and forecast 2019-2024 (teu)
North America - Market size and forecast 2019-2024 (teu)
MEA - Market size and forecast 2019-2024 (teu)
South America - Market size and forecast 2019-2024 (teu)
Key leading countries
Market opportunity by geography
Volume Driver-Demand led growth
Market Challenges
Market Trends
Vendor Landscape
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
A.P. Moller - Maersk AS
China COSCO SHIPPING Corp. Ltd.
CMA CGM Group
Evergreen Marine Corp. (Taiwan) Ltd.
Hapag Lloyd
HYUNDAI Merchant Marine Co. Ltd.
Kawasaki Kisen Kaisha Ltd.
Mediterranean Shipping Co. SA
Mitsui O.S.K. Lines Ltd.
Nippon Yusen Kabushiki Kaisha
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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