• Overview
• Market Dynamics
• Segments View
• GeoOutlook

Report ID – AGRI1653

Report Segment | Aerospace, defense & Maritime > Maritime

Marine Port Services Market Overview:

The market for Marine Port Services was valued at XX Bn USD in the year 2023 and expected to reach 121.59 Bn USD by the year 2030. The CAGR for the market is XX% during the period 2019 -2030.

Marine services are post related operations carried out to provide secure berthing while moored or at anchor as well as a safe flow of vessel traffic in port approaches and harbours. Although ports may have various definitions of marine services and different ways of delivering them the phrase is used in this section to refer generally to services with nautical focus, such as maritime safety, efficient vessel traffic or marine environment preservation. Ports are a crucial part of the global transportation industry and help to grow the global economy. The seaborne trade and expanding building of port infrastructure are significant drivers of the marine port services industry expansion. Therefore the ocean serves as the primary means of transportation for international trade. A large group of economic activity that can contribute value to economic growth. This is expected to boost the growth of the global marine port services market during the forecast period. International commerce and economic cycles have a direct impact on much demand for marine port services. Due to pandemic lowered output and consumption.

Marine Port Services Market Dynamics:

Marine Port Services Market Drivers

• Increasing demand for maritime trade and worldwide import and export of goods through E-commerce platform
• Increase in port infrastructure investments

Marine Port Services Market Restraints

• Continuous global transformation to a clean and green maritime sector
• Decreased production and consumption during pandemic and abruption in maritime trade 

Marine Port Services Market Opportunities

• Expansion of new ports across various regions and integration of big data
• Analytics and smart metering technologies in storage facilities at ports

Marine Port Services Market Trends

• Rising adoption of innovative technologies surging demand of containerized and bulk cargo.
• Self unloading bulk and carrier technologies and privatisation of marine port.

Marine Port Services Market Report Segments Overview:

 By Type Segment Overview:

 Port development and consultancy provides a service to operations management.  These  services include use of resources, transportation infrastructure, port related laws and regulations, port engineering, design and management,resource allocation, port operation. Port and harbor operations involve managing all activities within and around the port. Its tasks such as mooring, loading, and transportin

By Application Segment Overview:

 Marine ports and services are an internal part of the global economy. Application segment is the fastest growing segment in the market. These services are exporting goods which is the process of sending goods and services out of the country to other countries. Importing is the process of bringing goods and services into a country’s borders. Import services include warehousing, freight, quarantine services, import tracking, custom clearance. Import service allows companies to transport goods across international borders.

Marine Port Services Market Regional Outlook:

North America:

Marine ports and services in the north america region needs seaborne trade, offering storage repair and maintenance services among other services. Major ports in the region include Halifax, Los Angeles, Jacksonville and seattle. Shipping companies offer freight services for efficient movement of cargo.

Asia Pacific:

Marine ports and services in the asia pacific region is one of the fastest growing markets in the world. Major ports include hong kong, singapore, tokyo, busan, shipping companies provide bunker refuelling and repair services such as fishing vessels, merchant vessels, pressure boats. The region also provides container shipping and cargo transfer services.

Europe:

The European marine ports and service  market consists of Hamburg, Rotterdam, Saint petersburg. Shipping providers offer services with deep water access along with safe and secure transit.  It provides container service  and offers shipments in different sizes. Shipping provides terminal services. 

South America:

Marine port services in south america consists mainly of ports in columbia, mexico, panama. The region is home to various key ports including port of santos, port of callao. Market includes services such as repair and  maintenance, relocation support and storage facilities. 

Middle East & Africa:

Marine ports and services markets in the middle east and africa serve as a major hub for the movement of both crude oil and liquefied natural gas. Major ports include Kuwait, Abu Dhabi,dubai. Proximity to the resource and efficient services provided by the ports have increased their significance in the energy and maritime sectors.