About Transportation and Logistics
Transportation focuses on moving goods from one place to another using different modes like ocean, air, rail, and road. It is a part of the logistics industry, while logistics is a broad term that includes customs services, freight management, warehousing, distribution, and transportation of goods. The robust growth of the e-commerce sector across the globe due to consumers shifting towards online shopping is the primary growth driver of the transportation and logistics market. Furthermore, increasing globalization of businesses and the rise of cross-border logistics are expected to pose significant growth in the market. Emerging trends of advanced technologies such as AI, blockchain, autonomous vehicles, etc. are shaping transportation and logistics, resulting in a significant impact on customer service and loyalty.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key players are targeting the innovations of the Solutions with better quality, and better technical characteristics. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market. Analyst at AMA Research estimates that United States & European Manufacturers will contribute the maximum growth to Global Transportation and Logistics market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
United Parcel Service Inc. (United States), DHL Group (Germany), FedEx Corp. (United States), A.P. Moller - Maersk AS (Denmark), Deutsche Bahn AG (Germany), CEVA Logistics (France), Kuehne + Nagel (Switzerland), SF Holdings Co Ltd (China), DSV AS (Denmark), JD Logistics (China), GEODIS (France), C.H. Robinson (United States), GXO Logistics (United States), Blue Yonder Group, Inc. (United States) and E2open (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Transportation and Logistics market by Type (Solutions (Robotics, Fleet Management, Inventory Management, Asset & Facility Management, Others) and Services (Custom Clearance, Freight Forwarding, Warehouse Management, Distribution, Reverse Logistics, Others)) and Region.
On the basis of geography, the market of Transportation and Logistics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User Industry, the sub-segment i.e. Retail will boost the Transportation and Logistics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mode of Transport, the sub-segment i.e. Roadways will boost the Transportation and Logistics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Transportation Type, the sub-segment i.e. Domestic will boost the Transportation and Logistics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Cargo Type, the sub-segment i.e. General Cargo will boost the Transportation and Logistics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Inclination Towards Digital Solutions for the Management of Transportation and Logistics Services and Adoption of Robotics and Emerging Trend of Drone Transportation & Logistics
Market Growth Drivers:
Expansion of International Trade and Robust Growth of E-commerce Sector and Increasing Demand for Faster Delivery and Better Services
Challenges:
Stiff Competition in the Market Due to the Availability of a Large Number of Players
Restraints:
Complex Regulatory Compliances and Geopolitical Tensions in Some Regions
Opportunities:
Growing Popularity of Eco-Friendly or Green Transportation Options and Demand for Temperature-Controlled Transportation and Logistics Services
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Transportation & Logistics Companies, Technology Providers, End User Industries, Government Regulatory Bodies, Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.