Container Tracking System Installation Up 54 Percent in 2012

MarineLink.com
Wednesday, May 08, 2013

According to a new research report from the analyst firm Berg Insight, the number of active remote container tracking units deployed on intermodal shipping containers was 137,000 in Q4-2012, up from 89,000 a year earlier.

 

Growing at a compound annual growth rate (CAGR) of 49.1%, this number is expected to reach 1 million by 2017. The penetration rate of remote tracking systems in the total population of containers is estimated to increase from 0.7% in 2012 to 4.1% in 2017. Berg Insight’s definition of a real-time container tracking solution is a system that incorporates data logging, satellite positioning and data communication to a back-office application.
 


The market for container tracking solutions is still in its early stage. Aftermarket solutions mounted on high value cargo and refrigerated containers are the first use cases to adopt container tracking. Orbcomm has after recent acquisitions of StarTrak, PAR LMS and GlobalTrak emerged as the largest vendor of wireless container tracking devices. Omnitracs, ID Systems and Skybitz are prominent vendors focusing on inland transportation in North America, which is so far the most mature market for container tracking solutions. Envotech, Pointer Telocation, Savi Technology, PearTrack Systems, Honeywell Global Tracking and Kirsen Global Security are examples of companies which have been successful in offering dedicated solutions targeting the global end-to-end container transport chain.



“The installed base of intermodal containers worldwide has now reached 20 million, which represents a significant market opportunity for the telematics industry”, said Johan Svanberg, Senior Analyst, Berg Insight. He adds that several prominent wireless M2M operators including Orbcomm, AT&T, Everything Everywhere and Telenor even have assumed the role of end-to-end solution providers of container tracking. Container telematics can help stakeholders to comply with regulations and meet the high demands on security, information visibility and transportation efficiency that comes with global supply chains. “It has been challenging to find the right business models to suit the diverse range of players in the intermodal transportation chain, but technology advancement, declining hardware prices and market awareness are starting to come together to make remote container tracking solutions attractive” concluded Mr. Svanberg.

 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Container Ships

Hansa Offenburg, Hansa Drakenburg Sail Scale-free

Leonhardt & Blumberg was founded in 1903 and has managed more than 180 vessels, the majority of which were general cargo vessels and bulk carriers. Today the company

Portugal PM Warns Lisbon Dock Workers to End Strike

Portugal's prime minister warned Lisbon dock workers on Friday that his patience was running out after a strike that has lasted a month, paralysing the city's ports.

Asia-N.Europe Box Freight Rates Soar 37 pct

Freight rates for shipping containers from ports in Asia to Northern Europe jumped 37 percent to $720 per 20-foot container (TEU) in the week ending on Friday,

Logistics

Higher Capesize Demand Pushes up Baltic Index

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday buoyed by higher demand for capesize vessels.

DSC Dredge Receives President’s E-Star Award

DSC Dredge, LLC, based in Reserve, La., has received the 2016 President’s “E-Star” Award for exports.   In a ceremony held on May 16, 2016, at the U.S. Department

Portugal PM Warns Lisbon Dock Workers to End Strike

Portugal's prime minister warned Lisbon dock workers on Friday that his patience was running out after a strike that has lasted a month, paralysing the city's ports.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0765 sec (13 req/sec)