Irving, TX (PRWEB) September 14, 2012
The global marine ports and services industry depicted a certain amount of resilience during the 2009 economic slump to stand at an estimated $57.3 billion by 2011 with a 4.9% CAGR during 2006-2011. The global marine ports and services market is forecast to approach $66billion in revenue by 2017 with a 3.3% CAGR during 2012-2017.
Increasing seaborne trade with the developing economies is anticipated to spur long-term growth in the global port activity,leading to an upswing in the industry.
Lucintel, a leading global management consulting and market research firm, has analyzed the global marine ports and services industry and offers its findings in a comprehensive research report, “Global Marine Ports and Services Industry 2012-2017: Trend, Profit, and Forecast Analysis.”The report focuses on North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW) and based on the analysis, APAC is expected to outpace the rest with the highest growth over the next five years.
As the study indicates, although the constant threat of terrorism and environmental issues challenge growth in the global marine ports and services industry, it holds significant opportunities for industry players due to the growing demand related to marine ports and services and the development of new ports.
Lucintel’s research indicates mergers and acquisitions, the emergence of new players, service launches on new ports, and technology all characterized the industry's competitive landscape in 2011. The emerging trends of privatization and technology make the industry an attractive investment option.
The five major players in the industry are:
- DP World Limited
- Hutchison Whampoa Limited
- Shanghai International Port (Group)
- Ningbo Port Company Limited
- Hamburger Hafen und Logistik AG
Lucintel research report provides insights such as an overview of recent industry news,factors shaping the market, global and regional trends, future opportunities, challenges, and the profitability analysis of major players.
The data and analysis found in this report can be used for a variety of functional business reasons including business development, strategic planning, determination of market size and trends, competitive analysis, investment decisions, and joint product development.
For a detailed table of contents and pricing information on this timely, market report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. Lucintel has started Live Chat in its Web Site to answer visitors' questions in real time with precision. Visitors can either chat with our experts or call them free of cost through Live Chat to get assistance about what they are looking for from Lucintel.