Global Smart Port Market: Key Highlights
Global Smart Port Market: Key Market Dynamics
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Global Smart Port Market: Regional Overview
Smart port market is projected to grow extraordinarily in the European region. IBM and the Port of Rotterdam started working together to implement smart technologies in the port, which will reduce the wait time, load and unload timings, and can increase the number of ships coming to the port. Also, the Port of Valencia installed a network of black box to collect various data such as energy consumption by the cranes, trucks, forklifts. This data can be helpful to the terminal staff and they can reduce the idle time.
Asia-Pacific is the fastest growing market share in the smart port market. Changes in trade partners, infrastructure, sea routes, and structure of liner industry are observed in the ports of this region. Moreover, transforming trading patterns supports growth of ports in Asia-Pacific region. This pushes port operators to increase productivity and grow market share. In addition, nine of the ten busiest container ports in the world lies in the Asian region.
Global Smart Port Market: Key Players Overview
IBM Corporation is a US-based multinational company that functions in information technology domain. It provides high value products, solutions and services related to cloud computing, artificial intelligence, IT infrastructure, Internet of Things (IoT), network services, analytics, software development and others. IBM is transforming a port in the Netherlands into smart port using IBM Internet of Things (IoT) technologies and IBM cloud. In addition, the port is using IoT sensors, Augmented Intelligence, and smart weather data, set up by the IBM.
Trelleborg Marine and Infrastructure is a UAE-based company that is specialized in marine systems and infrastructure solutions. It serves products and solutions such as marine fenders, ship-shore links, ship performance monitoring, docking and mooring, tunnel seals, dredging hoses, bearings among others. It provides smart port platform, which helps in integrating assets like fenders, mooring equipment, and navigation systems through sensors. The company supplied AutoMoor to the berths of Port of Langnas, developed explicitly for this port improving mooring of vessels.
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