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The publisher brings years of research experience to the 6th edition of this report. The 173-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Terminal Automation Market to Reach $6 Billion by 2027
Amid the COVID-19 crisis, the global market for Terminal Automation estimated at US$4.3 Billion in the year 2020, is projected to reach a revised size of US$6 Billion by 2027, growing at a CAGR of 4.9% over the period 2020-2027.
Hardware, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$2.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software & Services segment is readjusted to a revised 5.3% CAGR for the next 7-year period.