Jan 02, 2020 (The Expresswire) — Logistics Market 2020 Global research report is a professional and in-depth study on the market size, growth, share, trends, as well as industry analysis. Logistics Market by top manufacturers, type and application, with sales market share and growth rate Forecasts till 2024
Global “Logistics Market”2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. Thelogistics market analysis considers sales from consumer goods, automotive, food and beverage, healthcare, and other end-users. Our study also finds the sales of logistics in APAC, Europe, MEA, North America, and South America. In 2020, the consumer goods segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the growth of the personal care and consumer electronics sector will play a significant role in the consumer goods segment to maintain its market position. Also, our global logistics market report looks at factors such as increasing cross-border trade, rise in use of multimodal transport, and growing e-commerce industry. However, impact due to trade war, growing number of cargo thefts, and high operational costs may hamper the growth of the logistics industry over the forecast period.
The global Logistics market is valued at USD 287.1 million by the end of 2024, growing at a CAGR of 4.13% during 2020-2024. The objectives of this study are to define, segment, and project the size of the Logistics market based on company, product type, end-user, and key regions.
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The Logistics Market report also focuses on some of the key growth prospect, including new product launches, MandA, RandD, joint ventures, collaborations, agreements, partnerships, and growth of the key players functioning in the market, both in terms of regional and global scale. Analysts forecast the Global Logistics market to grow at the Highest CAGR during the forecast period 2020-2024.
Digital transformation in logistics
The logistics market is undergoing a continuous digital transformation globally as OEMs and technology suppliers recalibrate business strategies. The increasing competitive pressure is forcing logistics vendors to implement means that increase efficiency and reduce costs. This has resulted in the implementation of technology-enabled services such as telematics and electronic proof of delivery (ePOD). Telematic services in trucks provide real-time information about the condition of the vehicle, traffic, loading capacity, and the condition of cargo in the trucks. The implementation of telematics offers benefits such as shorter standby times, less wear on the vehicle, monitoring of the vital status of the driver, fewer accidents, optimized routing, and an increase in capacity utilization. This development is expected to have a positive impact on the overall market growth.
List of theTop Key Playersof Logistics Market:
- CH Robinson Worldwide Inc
- Deutsche Bahn AG
- Deutsche Post AG
- DSV AS
- FedEx Corp
- JB Hunt Transport Services Inc
- Kuehne + Nagel International AG
- United Parcel Service Inc
- and XPO Logistics Inc
The scope of the report covers all the major system technologies that are currently being implemented in the global Logistics industry. Market values are based on the end-user (public and private) based on the manufacturing of Logistics systems. Logistics market manufacturers place orders when they receive work orders from Logistics market operators such as commercial, military, and others. Therefore, market numbers are derived from the end-user perspective, considering their (Logistics market operators) orders for the Logistics market.
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Increasing use of multimodal transport Multimodal transport decreases cargo handling time and costs per vehicle. It also helps keep inventory and merchandise costs under control. Moreover, multimodal transport ensures the safety of goods during transport. For instance, FedEx uses multiple modes of transport such as air or sea and rail or road to ensure the safety of goods until they are delivered to their destinations. Due to many such benefits, enterprises are increasing their preference for multimodal transport to efficiently transport their products during outbound logistics. Thus, the increasing use of multimodal transport will lead to the expansion of the global logistics market at a CAGR of almost 5% during the forecast period.
Global Logistics Industry 2020 Market Research Report is spread across 157 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.
This Report lets you identify the opportunities in Logistics Market by means of aregion:
- North America
- South America
- The Middle East and Africa
The Logistics market has been created based on an in-depth market analysis with inputs from industry experts. The report covers the growth prospects over the coming years and discussion of the key vendors.
Research Objectives Of Logistics Market Report:
- Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis.
- Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
- Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
- Country-level analysis, integrating the demand and supply forces that are influencing the growth of the Logistics Market.
- Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
- Comprehensive company profiles, covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.
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With the presence of several major players, the global logistics market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading logistics manufacturers, that include C.H. Robinson Worldwide Inc., Deutsche Bahn AG, Deutsche Post AG, DSV AS, FedEx Corp., J.B. Hunt Transport Services Inc., Kenco, Kuehne + Nagel International AG, United Parcel Service Inc., and XPO Logistics Inc Also, the logistics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Following are Key Queries of Logistics market:
Which geographical region would have more demand for Logistics products/services?
What are the business strategies accepted by leading players in the Logistics region-wise market?
Which country would see the precipitous rise in CAGR and annual Logistics growth?
What is the ongoing and estimated Logistics market size in the upcoming years?
What is the Logistics market possibility for long-term investment?
What type of opportunity would the country provide for current and Logistics market new players?
What are the risk and challenges involved in Logistics suppliers?
What are the factors which would propel the demand for the Logistics product in the coming years?
What is the impact study of numerous factors in the growth of the Global Logistics market?
What are the latest trends in the regional Logistics market and how prosperous they are?
The report also focuses on global major leading industry players of Global Logistics market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Global Logistics market development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered. With tables and figures helping analyze worldwide Global Logistics market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Table of Content:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
- Market outline
PART 05: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 06: MARKET SIZING
- Market definition
- Market sizing 2020
- Market size and forecast
PART 07: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 08: MARKET SEGMENTATION BY PRODUCT
- Global Logistics market by product
- Comparison by product
- Market opportunity by product
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- Global Logistics market by distribution channel
- Comparison by distribution channel
- Global Logistics market by offline distribution channel
- Global Logistics market by online distribution channel
- Market opportunity by distribution channel
PART 10: CUSTOMER LANDSCAPE
PART 11: MARKET SEGMENTATION BY END-USER
- Global Logistics market by end-user
- Comparison by end-user
PART 12: REGIONAL LANDSCAPE
- Global licensed sports merchandise market by geography
- Regional comparison
- Licensed sports merchandise market in Americas
- Licensed sports merchandise market in EMEA
- Licensed sports merchandise market in APAC
- Market opportunity
PART 13: DECISION FRAMEWORK
PART 14: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 15: MARKET TRENDS
PART 16: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 17: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
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