Marine Port and Service Market Report : Trends, Forecast and Competitive Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Service Container handling services, ship repair and maintenance services, navigation services, supply chain and logistics solution services and mechanical and electrical engineering services Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name Hutchison Whampoa Limited, DP World Limited, A.P. Moller-Maersk A/S PSA International and Ningbo Port Company Limited, Shanghai International Port Co. Ltd., Mitsubishi Logistic Corporation, Tianjin Port Company, Hamburger Hafen and others. Trend Growth Rate and CAGR4.2% Key Industry Forecast The global marine port and service market is expected to reach an estimated $87.8 billion by 2023 and it is forecast to grow at a CAGR of 4.2% from 2018 to Key Industry Driver Driver: High growth of the marine transportation industry, surging demand of containerized and bulk cargo, rising customer demand and expansion of new regional trade hubs. 2

Industry Overview Market Size The global marine port and service market is expected to reach an estimated $87.8 billion by 2023 and it is forecast to grow at a CAGR of 4.2% from 2018 to Emerging trends, which have a direct impact on the dynamics of the marine port and service industry, include the vessel traffic services, self-unloading bulk carrier technology and marine port privatization. Market Size (2023)$87.8 billion CAGR ( )4.2% 3 Industry Performance : Forecast