Marine Port and Service Market: An Exclusive Study on Upcoming Trends and Growth Opportunities
iCrowd Newswire
26 May 2021, 16:24 GMT+10
Opportunities in the marine port and service market have evolved through a number of stages. Lucintel has found the future of this market to be promising; the marine port and service market is expected to reach $97.12 billion by 2025 with a CAGR of 4.2%. In this market, container handling services is the largest segment by service type. The vessel traffic services, self-unloading bulk carrier technology and marine port privatization provides strategic growth path in this market.
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Hutchison Whampoa Limited, DP World Limited, A.P. Moller-Maersk A/S PSA International and Ningbo Port Company Limited, Shanghai International Port Co. Ltd., Mitsubishi Logistic Corporation, Tianjin Port Company, Hamburger Hafen, and others are some of the companies profiled in this report.
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NEW YORK, April 1, 2021 /PRNewswire/ New Zealand joined the Electric Vehicles (EV) Initiative in 2019, aiming to become a carbon-free economy by 2050. With other countries around the world too taking such initiative to check the rate of environmental degradation, the demand for EVs is booming. Resultingly, the global
battery management system market value is projected to grow from $5,661.0 million in 2020 to $22,279.6 million by 2030, at a 15.0% CAGR between 2021 and 2030, according to P&S Intelligence.
This is because the key component of EVs is the battery, which provides them with the propulsive power. The battery management system is needed to control and track the charging and discharging process, monitor the health of the battery, and provide information on the amount of charge remaining. Thus, the declining prices of automotive batteries, especially lithium-ion (Li-ion) batteries, are driving the battery management system market,