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Global Container Fleet Market 2017-2021

Global Container Fleet Market 2017-2021

About Container Fleet

Shipping containers are large containers that can withstand handling and transportation of goods varying from dry goods to hazardous liquids. Almost 80% of the global merchandize trade is seaborne. Of this, the container fleet market holds the largest market share, accounting for more than 50% of the market and more than one third of the global trade. One of the major reasons for such a high market share is the high efficiency provided by container fleets as compared with other modes of transport such as rail cars, aircraft, and trucks.

Technavio’s analysts forecast the global container fleet market to grow at a CAGR of 3.19% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global container fleet market for 2017-2021. To calculate the market size, the report considers volume based on container fleet capacity for the respective region or the container type. It considers freight volume based on the freight volume shipped by the vendors operating in the market making use of the containers

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Container Fleet 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.

Key vendors
  • Maersk
  • CMA CGM
  • MSC
  • China COSCO Shipping
Other prominent vendors
  • Evergreen Marine Corporation
  • Hanjin Shipping
  • Hapag-Lloyd
  • Hyundai Merchant Marine (HMM)
  • Kawasaki Kisen Kaisha Ltd. (K Line)
  • Mitsui O.S.K.
  • NYK Line
  • Orient Overseas Container Line
  • Yang Ming Marine Transport Corporation (Yang Ming)
  • ZIM Integrated Shipping Services (ZIM)
Market driver
  • Growing intermodal freight transportation
  • For a full, detailed list, view our report
Market challenge
  • Trade imbalance causing low back-haul utilization rate
  • For a full, detailed list, view our report
Market trend
  • Increasing use of fleet management system
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Container Fleet Market 2017-2021

Technavio recognizes the following companies as the key players in the global container fleet market: Maersk, CMA CGM, MSC, and China COSCO Shipping.

Other Prominent Vendors in the market are: Evergreen Marine Corporation, Hanjin Shipping, Hapag-Lloyd, Hyundai Merchant Marine (HMM), Kawasaki Kisen Kaisha Ltd. (K Line), Mitsui O.S.K., NYK Line, Orient Overseas Container Line, Yang Ming Marine Transport Corporation (Yang Ming), and ZIM Integrated Shipping Services (ZIM).

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing use of fleet management system. Fleet management systems are formed by the integration of hardware, software, and communication technologies and act as a platform for fleet operators to help in efficient control, tracking, and monitoring of vehicles used for commercial purposes. They improve the overall operational efficiency by reducing non-value added activities of the operators. Fuel cards are used for fuel management while driver safety systems monitor driver behavior.”

According to the report, one of the major drivers for this market is growing intermodal freight transportation. Intermodal transportation is cost-efficient, easy to track and there are few idle periods. It offers door-to-door delivery, a shorter delivery time, safety of the cargo, and the ability to use different routes. The intermodal freight transportation industry is introducing some major advances in technology such as ICT, computerized vehicle routing, active traffic management, and online freight exchange.

Further, the report states that one of the major factors hindering the growth of this market is trade imbalance causing low back-haul utilization rate. Excessive import, as opposed to the volume of exports, leads to accumulation of empty containers and vice versa. This is called trade imbalance in the container shipping industry. Trade imbalance can lead to high cost



Companies Mentioned

Maersk, CMA CGM, MSC, China COSCO Shipping, Evergreen Marine Corporation, Hanjin Shipping, Hapag-Lloyd, Hyundai Merchant Marine (HMM), Kawasaki Kisen Kaisha Ltd. (K Line), Mitsui O.S.K., NYK Line, Orient Overseas Container Line, Yang Ming Marine Transport Corporation (Yang Ming), ZIM Integrated Shipping Services (ZIM).

  • Executive summary
  • Scope of the report
    • Market overview
      • Table Global container fleet market by type
    • Top-vendor offerings
      • Table Service offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Different types of shipping containers
      • Table A typical cycle of goods and commodity transportation via sea route
  • Market landscape
    • Market size and forecast
      • Table Share of container fleet market in global seaborne trade market
      • Table Global container fleet market by container fleet capacity 2016-2021 (million TEUs)
      • Table Share of top five vendors in global container fleet market 2000-2016 (% share of container capacity TEU)
      • Table Global container fleet market by freight volume 2016-2021 (million TEUs)
      • Table Asia-Europe freight spot rates 2012-2016 ($/FFE)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global container fleet market by type 2017-2021
      • Table Growth rate of global container fleet market by type 2017-2021
      • Table Market share of global container fleet market by type 2016-2021 (% volume)
    • Global dry container fleet market
      • Table Types of dry containers
      • Table Analysis of global dry container fleet market
      • Table Global dry container fleet market 2016-2021 (million TEUs)
    • Global reefer container fleet market
      • Table Types of reefer containers
      • Table Analysis of reefer fleet market
      • Table Global reefer container fleet market 2016-2020 (million TEUs)
      • Table Percentage share of different perishable goods in reefer container fleet 2016
    • Global tank container fleet market
      • Table Types of tank containers
      • Table Analysis of tank container fleet market
      • Table Global tank container fleet market 2016-2021 (million TEUs)
  • Geographical segmentation
    • Global container fleet market by geography
      • Table Growth rate of container fleet market by geography 2017-2021
      • Table Market share of container fleet market by geography 2016-2021
      • Table Global container fleet export by region 2016 (Q3) (% volume)
    • Container fleet market in APAC
      • Table Analysis of container fleet market in APAC
      • Table Container fleet market in APAC 2016-2021 (million TEUs)
      • Table GDP growth rate of some of leading countries in APAC as compared with world growth rate
    • Container fleet market in EMEA
      • Table Analysis of container fleet market in EMEA
      • Table Container fleet market in EMEA 2016-2021 (million TEUs)
      • Table GDP growth rate of top 10 growing economies of Europe 2015 (annual %)
    • Container fleet market in Americas
      • Table Analysis of container fleet market in Americas
      • Table Container fleet market in Americas 2016-2021 (million TEUs)
  • Market drivers
    • Growing intermodal freight transportation
      • Table Global intermodal freight transportation market by mode of transportation 2016
    • Demand from refrigerated sea transportation
      • Table Global refrigerated sea transportation market by type of container 2016 (volume %)
    • Consolidation and alliance formation for cost saving
      • Table Global container shipping alliances
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • A 24% dip in freight rates in last two years
      • Table Average unit cost of freight 2012-2016 (till Q3) ($/FFE)
      • Table Average bunker price 2012-2016 (till Q3) ($/ton)
    • Trade imbalance causing low back-haul utilization rate
    • Strict government regulations and volatile global economy
      • Table GDP growth rate of different regions 2005-2015
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Strategic moves by vendors for profit making
    • Up to 50% cost reduction using high-capacity vessels
      • Table Advantages of high-capacity vessels
      • Table Cost saving using large capacity vessels
    • Increasing use of fleet management system
  • Vendor landscape
    • Competitive scenario
      • Table Market share of top four vendors in global container fleet market 2016 (% volume)
    • Maersk Group
      • Table Maersk Group: Revenue 2011-2015 ($ billions)
      • Table Maersk Group: Structure
      • Table Maersk Line: Average freight rate ($/FFE)
      • Table Recent developments
    • CMA CGM Group
      • Table CMA CGM Group revenue 2011-2015 ($ billions)
      • Table Recent developments
    • China COSCO Shipping
      • Table China COSCO Shipping: Business sector
      • Table China COSCO Shipping fleet segmentation 2016
      • Table Recent developments
    • MSC
      • Table Recent developments
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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