The latest trend gaining momentum in the Dry Container Fleet Market is Increase in demand for fleet management systems. Container fleet management involves dealing with demand imbalance, dynamic operation, and uncertainty. Dry Container Fleet Market includes several activities such as tracking containers, container distribution, fleet sizing, maintenance, and repositioning of empty containers. Fleet management techniques help to resolve these issues and improve the operational efficiency and enable fleet tracking, cost control, and risk minimization.
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Dry Container Fleet Market Vendors: Maersk Group, MSC, CMA CGM Group, and China COSCO Shipping.
According to the Dry Container Fleet Market report, one of the major drivers for this market is Growing intermodal transportation. Intermodal transportation is highly efficient, environmentally friendly, and requires low investments. It uses different modes of transportation for the transport of goods from one place to another. Dry Container Fleet Market estimated that intermodal transportation will grow at a CAGR of more than 8% during the forecast period. This transportation is easy to track and involves only a few idle periods during the operation. It offers door-to-door delivery, a shorter delivery time, ensures cargo safety, and involves the use of different routes.
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Further, the Dry Container Fleet Market report states that one of the major factors hindering the growth of this market is Decline and volatility in industry earnings. The container fleet industry is dependent on the global economy, which, in recent times, has shown signs of volatility in China and negative growth in Brazil. Adding to the problem is that the Dry Container Fleet Market continues to add capacity. The typical vessel delivered handled about 10,020 TEUs in 2015, which was five times more than what a typical vessel could handle in the 1990s. The pressure to increase this capacity and address the issue of efficiency in large vessels has led to uncertainty. Therefore, profits have become exceptionally volatile.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The Dry Container Fleet Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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