The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Rising need for cargo transportation via ships is likely to encourage innovation in container fleet manufacture, propelling the market during the forecast period.

The global container fleet market is expected to grow from $12.02 billion in 2022 to $12.92 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The global container fleet market size is expected to reach $16.58 billion in 2027 at a CAGR of 6.4%.

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Global Container Fleet Market Segments Include:

• By Type: Dry Container, Reefer Container, Tank Container, Special Container, Other Types
• By Application: Consume Goods Transport, Industrial Transport, Food Transport
• By End-User: Automotive, Mining And Minerals, Oil Gas And Chemicals, Food And Agriculture, Retails
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global container fleet market in 2021.

Major Market Players in the container fleet market include Mitsui O.S.K Lines Ltd., Evergreen Marine Corporation, Mediterranean Shipping Corporation SA, Hyundai Merchant Marine CoLtd, China Ocean Shipping Group Company, Maersk Line Limited.

Technological innovation is a significant trend that is gaining traction in the container fleet business. Companies in the container fleet sector are embracing new technology in order to maintain their market position. ABS Group, a US-based project management service provider, for example, will launch fleet management and vessel compliance services in July 2020. The new ABS App adds another way to access services. The services are designed to anticipate client demands and aid in informed decision-making. The smart functionality, which can be accessed via a mobile app or text message, is an addition to the ABS MyFreedom client portal. The ABS Smart Scheduler, the industry’s only mobile survey booking tool, uses real-time AIS data to verify fleet compliance.

The Container Fleet Global Market Report 2023  provides a container fleet market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The container fleet market forecast analyzes container fleet market size, container fleet market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A container fleet is a cargo fleet that uses containerization to transport all of its cargo in larger intermodal containers. It is used to keep or store things like a box or bottle.

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