Global Autonomous Crane Revenues Set to Soar Past US$6 Billion by 2030 as Ports Embrace Advanced Tech

While ports continue with high global investments to optimize daily operations, solution type varies significantly by region 

NEW YORK,Nov. 20, 2024/PRNewswire/ -- Ports are receiving significant investment to both optimize and automate daily operations. According to global technology intelligence firm ABI Research, revenues for autonomous cranes in ports will surpassUS$6 billionglobally by 2030, withAsia-Pacific(APAC) taking up over half of the market.

"The adoption of advanced technologies in port operations continues to grow in all regions but does vary based on infrastructure maturity and union resistance. Ports inAsia-Pacificlead considerably, with high levels of automation and private 5G networks.Europeis following suit, butNorth Americaremains constrained by worker pressure against adoption of automated systems, resulting in ongoing strikes by the International Longshoremen's Association (ILA), and a general lack of port automation providers in the region,"explainsRyan Wiggin, Senior Analyst at ABI Research.

Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) has long dominated the port crane market with over 70% market share, but a lot of this is owed to early adoption in the APAC market. European port automation providers includingKonecranesandLiebherrare seeing double digit growth in their autonomous crane business, with a strong foothold in the European, North American, andMiddle Eastmarkets. The market share of these companies is expected to rise as more automation is adopted in these markets over the coming years.

A strong foundation for any advanced port is a private wireless network. Global revenues for private networks in ports are expected to grow at a CAGR of 46% to 2030, surpassingUS$5 billionby 2031, with established network providers includingBT,Ericsson,Nokia, andVerizonleading the way. Private networks are also becoming more accessible through as-a-Service (aaS) offerings, with companies likeBoldyn Networksrecently releasing their Private 5GaaS solution.

"The variance in regional digital maturity and scale of port operations is leading to variety in the types of advanced solutions being implemented. Ports inEuropeandNorth Americaare focusing heavily on the energy transition, developing clean fuel supply, charging infrastructure, electric equipment, and energy management services, while leading ports in theMiddle EastandAfricaare exploring the use of blockchain-based payment gateways and advanced Terminal Operating Systems (TOS) to expand capacity. The technologies being deployed will continue to vary by region, but investment will grow ubiquitously,"concludes Wiggin.

These findings are from ABI Research'sPort Data market data report. This report is part of the company'sSupply Chain Management and Logistics research service, which includes research, data, and ABI Insights.Market Data spreadsheets are composed of deep data, market share analysis, and highly segmented, service-specific forecasts to provide detailed insight into where opportunities lie.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司，拥有得天独厚的优势，充当终端市场公司和技术解决方案提供商之间的桥梁，通过提供独家研究和专业性指导，推动成功的技术实施和提供经证明可吸引和留住客户的战略，无缝连接这两大主体。

For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 inEurope, +65.6592.0290 inAsia-Pacific, or visit www.abiresearch.com.

Contact Info: 

Global

Deborah Petrara

Tel: +1.516.624.2558

pr@abiresearch.com

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SOURCE ABI Research