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Smart container fleet to expand 6-fold over the next 5 years

Forecast over the next five years to reach over 10 million units, representing 30% of worldwide box inventories.

Over half of the world maritime #reefercontainer and land-based #intermodal container fleets are now #smart-enabled, estimates Drewry Shipping Consultants Ltd in its latest Global Container Census & Leasing survey.

The report forecasts that the global fleet of telematics-enabled smart containers will grow 6-fold over the next 5 years to reach over 10 million units, representing as much as 30% of worldwide box inventories, driven by large scale take-up in the dry container sector.

“As technological innovation lowers the cost of devices and enhances their value to both transport operators and BCOs, uptake is expected to hasten,” says Drewry. “Shipping lines are expected to focus on building a critical mass of smart device installs to leverage operational benefits across their container fleets and cargo operations, while readying for the next step change in supply chain visibility service offerings.”

Drewry’s Martin Dixon will provide latest intelligence on the global reefer shipping market at #coolglobal23 in Genoa this October.

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