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The In-Plant Logistics for Automobile OEMs market is projected to grow by USD 557.8 million from 2024-2028, driven by AI and automated guided vehicles (AGVs)

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NEW YORK, Oct. 15, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global in-plant logistics for automobile oems market  size is estimated to grow by USD 557.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.5%  during the forecast period.  Increased productivity and reduced labor cost due to use of automated guided vehicles (agvs) is driving market growth, with a trend towards use of industry 4.0 by automobile oems increasing productivity and saving costs. However, high initial investment in advanced technologies  poses a challenge. Key market players include AP Moller Maersk AS, BLG Logistics, CJ Darcl Logistics Ltd., CMA CGM SA Group, DACHSER SE, DB Schenker, Deutsche Post AG, DP World, DSV AS, Hellmann Worldwide Logistics SE and Co KG, Kintetsu World Express Inc., Kuehne Nagel Management AG, Mahindra and Mahindra Ltd., Nippon Yusen Kabushiki Kaisha, Penske Corp., Schnellecke Group AG and Co. KG, Toyota Motor Corp., United Parcel Service Inc., Volkswagen AG, and XPO Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Service (In-plant warehousing, Line-side feeding, Packing, and Others) and Geography (APAC, Europe, North America, South America, and Middle East and Africa)

Region Covered

APAC, Europe, North America, South America, and Middle East and Africa

Key companies profiled

AP Moller Maersk AS, BLG Logistics, CJ Darcl Logistics Ltd., CMA CGM SA Group, DACHSER SE, DB Schenker, Deutsche Post AG, DP World, DSV AS, Hellmann Worldwide Logistics SE and Co KG, Kintetsu World Express Inc., Kuehne Nagel Management AG, Mahindra and Mahindra Ltd., Nippon Yusen Kabushiki Kaisha, Penske Corp., Schnellecke Group AG and Co. KG, Toyota Motor Corp., United Parcel Service Inc., Volkswagen AG, and XPO Inc.

Key Market Trends Fueling Growth

Industry 4.0, a trend in manufacturing, integrates digital and physical technologies to transform the automotive industry. This includes cloud computing, IoT, cyber-physical systems, and cognitive computing. By creating a physical-to-digital-to-physical connection, Industry 4.0 offers numerous advantages for automobile Original Equipment Manufacturers (OEMs). Firstly, agile supply chains are achievable as manufacturing specifications can be swiftly adapted in response to changing standards. Secondly, self-monitoring capabilities ensure equipment reliability during 24-hour production, preventing downtime. Thirdly, customization is possible with Industry 4.0, allowing OEMs to tailor individual vehicles and reduce delivery times. Lastly, network flexibility enables operations to be shifted among facilities based on production or demand fluctuations. The implementation of Industry 4.0 in the automotive sector is expected to increase productivity, leading to a higher demand for in-plant logistics. In-plant logistics plays a crucial role in managing the flow of goods and information within the manufacturing facility, ensuring efficient production and reducing costs. As Industry 4.0 continues to revolutionize the automotive industry, the need for advanced in-plant logistics solutions becomes increasingly important. 

In-plant logistics is a critical aspect of automobile OEMs, focusing on efficient inventory management and just-in-time delivery. Trends like waste reduction, downtime reduction, automation, digitalization, robotics, AI, and autonomous guided vehicles are transforming in-plant logistics. Lean manufacturing techniques, third-party logistics providers, in-plant warehousing, line-side feeding, and packing are essential components. Tier 1 and 2 suppliers, conveyor systems, and lean manufacturing techniques ensure operational efficiency and inventory control. Vehicle customization, supply chain management, real-time tracking systems, and distribution operations optimize production flow. Environmental protection, predictive analytics, and customer experience are key considerations. In-plant logistics solutions provide cost savings through inventory optimization and material handling. Electric vehicles, international trade, oil prices, and trade ties impact the market. Deployment costs, maintenance costs, and material flow are crucial factors in in-plant logistics services. 

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Market Challenges

The layout of an automobile OEM’s production facility significantly impacts in-plant logistics, as timely material movement is crucial for customers while minimizing logistics costs is a priority for companies. Customized solutions are necessary due to varying customer requirements, considering factors such as material quantity, facility layout, and delivery criticality. Sharing necessary information for designing an effective solution can be challenging. Technology adoption can streamline processes, increase efficiencies, and reduce costs. Advanced tracking technologies for in-plant warehousing and transit are essential for customers. New technologies, like automation, require substantial investments, potentially impacting revenue growth. Efficient inventory management systems and real-time tracking technologies are standard requirements for logistics companies in the automobile sector.In-plant logistics for automobile OEMs face various challenges in today’s business environment. Environmental protection regulations require efficient use of resources and reduction of waste. Artificial intelligence and predictive analytics help optimize material flow, demand forecasting, and route optimization. International trade tensions, oil prices, and geopolitical instability impact deployment and maintenance costs. Real-time tracking systems ensure supply chain visibility and safety standards. Vehicle components and finished goods require efficient distribution operations. In-plant logistics services must adapt to customer experience demands. Sensors and smart devices enable preventive maintenance strategies, reducing equipment downtime and production losses. Robotic technologies, including robotic arms and collaborative robots, enhance productivity and automation. However, challenges persist, such as environmental sustainability, trade barriers, cyber security threats, and labor laws. Warehouse layout design, inventory tracking, and supply chain visibility are crucial for effective in-plant logistics. OEMs must navigate these challenges to maintain competitiveness and meet customer demands.

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Segment Overview 

This in-plant logistics for automobile oems market report extensively covers market segmentation by

Service 1.1 In-plant warehousing1.2 Line-side feeding1.3 Packing1.4 OthersGeography 2.1 APAC2.2 Europe2.3 North America2.4 South America2.5 Middle East and Africa

1.1 In-plant warehousing-  Automobile Original Equipment Manufacturers (OEMs) require in-plant warehouses to store both raw materials for easy access during production and finished goods for inventory management. However, maintaining these warehouses comes with challenges such as handling multiple stock-keeping units (SKUs) and the associated overhead costs. To address these issues, automobile OEMs are increasingly outsourcing their in-plant warehousing activities to Third-Party Logistics (3PL) providers. This simplifies communication and workflow as the OEM deals with a single organization for all warehouse-related matters. Outsourcing also results in significant cost savings as the OEM no longer bears the expenses of maintaining the warehouse, personnel, and equipment. Furthermore, scalability is enhanced as the OEM can focus on its core competencies without worrying about fixed warehousing costs during downtime. In today’s market, automobile OEMs are adopting flexible production strategies, such as just-in-time and build-to-order, to adapt to sudden peaks in sales. In-plant warehousing plays a crucial role in mitigating material requirements and ensuring a visible supply chain, making it an essential component of the global automobile industry’s growth during the forecast period.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

In-plant logistics plays a crucial role in the automobile Original Equipment Manufacturer (OEM) industry by optimizing the flow of materials and finished goods within a manufacturing facility. This includes inventory management, ensuring just-in-time delivery, waste reduction, and downtime reduction. Automation through robotics and real-time tracking systems streamline production and material flow, reducing deployment and maintenance costs. Predictive analytics help anticipate demand and optimize inventory levels, while environmental sustainability is a growing concern addressed through efficient warehouse layout design and storage facilities. Geopolitical instability, trade barriers, and cyber security threats pose challenges, requiring supply chain visibility and inventory tracking systems. The market for in-plant logistics in the automobile OEM sector continues to evolve, driven by the need for greater efficiency, flexibility, and competitiveness.

Market Research Overview

In-plant logistics plays a crucial role in the automobile OEM industry, ensuring the seamless flow of materials and components from suppliers to production lines, and ultimately to the assembly of finished vehicles. Inventory management is a key aspect, with just-in-time delivery ensuring minimal stock levels and reducing waste. Automation, digitalization, and robotics are driving operational efficiency and reducing downtime. AI, IoT, and real-time tracking systems optimize material flow and distribution operations. Electric vehicles and their components require specialized handling and logistics solutions. Lean manufacturing techniques and third-party logistics providers help manage Tier 1 and Tier 2 suppliers. In-plant warehousing, line-side feeding, and packing are essential services. Environmental protection, customer experience, and supply chain management are critical considerations. Factors such as oil prices, trade ties, and geopolitical instability impact deployment and maintenance costs. Predictive analytics, machine learning algorithms, and demand forecasting help optimize inventory and production processes. Safety standards, environmental regulations, labor laws, and trade policies are essential compliance areas. Cyber security threats require IT systems and protocols. Warehouse layout design, inventory tracking, and supply chain visibility are crucial for operational excellence.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ServiceIn-plant WarehousingLine-side FeedingPackingOthersGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Eliassen Group Enhances Technology Solutions and Expands Southern California Footprint with VIA Technical Acquisition

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READING, Mass., Oct. 16, 2024 /PRNewswire/ — Eliassen Group, LLC, a strategic consulting company, has acquired VIA Technical, an IT talent services company operating in the San Diego market.

The combination of Eliassen Group and VIA Technical will expand clients’ access to a broader range of services and a larger network of proven talent. Additionally, the acquisition of VIA aligns with Eliassen Group’s commitment to enhancing the client and consultant experience, in addition to expanding its Southern California presence.

“Partnering with Eliassen Group strengthens our capabilities, enabling us to serve our clients more comprehensively and across a wider range of business areas,” said VIA Technical’s founder and CEO, Natalie Viani. “Additionally, as we broaden our client base, we will create more opportunities in the future for our consultants, all while upholding VIA’s tradition of high-caliber service. I’m truly impressed by Eliassen’s extensive capabilities in cutting-edge technology areas like artificial intelligence and cybersecurity, along with their vast knowledge and experience in financial and risk advisory, as well as clinical solutions.”

“VIA Technical comes to Eliassen with a roster of wonderful clients, an impressive group of talented professionals, and a well-deserved ‘service first’ reputation,” said Dave MacKeen, CEO of Eliassen Group. “Most importantly, VIA shares Eliassen’s people-centric values and a culture focused on teamwork and community – values and culture that have come to be a differentiator in how we both serve our respective clients. We are excited to bring our two organizations together.”

About Eliassen Group

Eliassen Group is a leading strategic consulting company that provides business, clinical, and IT services for their clients as they seek to transform and execute strategies that will drive exceptional outcomes.  Leveraging over 30 years of success, they focus on three main areas: technology solutions, clinical solutions, and financial, risk & compliance, and advisory solutions. Eliassen Group prides itself on its purpose to positively impact the lives of their employees, clients, consultants, and the communities in which they operate.

About VIA Technical

Founded in 2009, VIA Technical is an IT talent services firm serving the San Diego market. The VIA Technical team has cultivated relationships with thousands of candidates and companies because of one reason – putting service first. This focus – along with committing to clients that they will continue to nurture relationships, to be accessible when needed, and to guiding clients through the process until everyone is satisfied – is how VIA match talent with the perfect opportunity based on the clients’ and candidates’ objectives and goals.

Media Contact

Katie Lindbloom

Senior Vice President, Enterprise Marketing

Eliassen Group

414 202 5456

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Cyngn Secures its 21st U.S. Patent: System and Methods of Adaptive Object-based Decision Making for Autonomous Driving

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Since August 2023, Cyngn has been granted eleven additional patents, bringing the total U.S. patents granted to 21. Patent 21 enhances Cyngn’s autonomous vehicles’ capability to make informed decisions regarding their surroundings.

MENLO PARK, Calif., Oct. 16, 2024 /PRNewswire/ — Cyngn Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN) announced the official granting of a new patent, 12,039,867. This patent covers the Company’s innovative autonomous vehicle (AV) solutions.

This patent introduces a method to enhance the performance of autonomous vehicles (AVs) in real-world environments. AVs use sensors to scan and interpret their surroundings, identifying nearby objects with precision. This method enables AVs to not only detect these objects but also make informed decisions on interacting with them safely, such as navigating around slow-moving barriers, cyclists, and blind spots near large vehicles.

Moreover, the patent outlines a system that integrates these specific driving rules with broader traffic regulations, ensuring that AVs not only navigate safely but also comply with legal requirements on the road.  By combining detailed object-specific rules with general traffic laws, this innovation aims to improve the overall safety and efficiency of autonomous driving technology.

“I am pleased with the impressive advancements and speed of innovation our technology team has demonstrated, as this latest patent brings our total number of U.S. patents to 21,” said Lior Tal, Chairman and Chief Executive Officer of Cyngn. “Following the 16 U.S. patents granted in 2023, these patents are the cornerstone of our growth strategy, reflecting our team’s dedication and technical expertise.”

The grant of this patent marks a significant milestone in Cyngn’s intellectual property strategy, further bolstering its position in the AV industry. This success follows Cyngn’s recent patent issuance announcement of its 20th patent.

Cyngn provides its customers a seamless way to adopt self-driving technology into their operations without high upfront costs.

Previous patents include:

Patent Number

Title

Publication Date

21.

US-12,039,867-B2

ADAPTIVE OBJECT-BASED DECISION-MAKING SYSTEM

7/16/2024

20.

US-12,032,099-B2

ADAPTIVE MOTION COMPENSATION OF PERCEPTION CHANNELS

7/09/2024

19.

US-11,851,074-B2

SYSTEM AND METHODS OF LARGE-SCALE AUTONOMOUS DRIVING VALIDATION

12/26/2023

18.

US-11,837,090-B2

SYSTEM AND METHODS OF ADAPTIVE TRAFFIC RULE-BASED DECISION MAKING FOR AUTONOMOUS DRIVING

12/5/2023

17.

US-11,837,089-B2

MODULAR EXTENSIBLE BEHAVIORAL DECISION SYSTEM FOR AUTONOMOUS DRIVING

12/5/2023

16.

US-11,767,034-B2

SYSTEM AND METHOD OF COMPUTATION ACCELERATION FOR AUTONOMOUS DRIVING SYSTEMS

9/26/2023

15.

US-11,760,368-B2

SYSTEM AND METHOD OF SAME-LOOP ADAPTIVE SIMULATION FOR AUTONOMOUS DRIVING

9/19/2023

14.

US-11,747,454-B2

GRANULARITY-FLEXIBLE EXISTENCE-BASED OBJECT DETECTION

9/5/2023

13.

US-11,745,762-B2

SYSTEM AND METHODS OF ADAPTIVE TRAJECTORY PREDICTION FOR AUTONOMOUS DRIVING

9/5/2023

12.

US-11,745,747-B2

SYSTEM AND METHOD OF ADAPTIVE DISTRIBUTION OF AUTONOMOUS DRIVING COMPUTATIONS

9/5/2023

11.

US-11,745,750-B2

SYSTEM AND METHOD OF LARGE-SCALE AUTOMATIC GRADING IN AUTONOMOUS DRIVING USING A DOMAIN-SPECIFIC LANGUAGE

9/5/2023

10.

US-11,679,726-B2

VEHICLE SENSOR SYSTEMS

6/20/2023

9.

US-11,673,577-B2

SYSTEM AND METHODS OF ADAPTIVE RELEVANCY PREDICTION FOR AUTONOMOUS DRIVING

6/13/2023

8.

US-11,668,833-B2

OBSTACLE DETECTION SYSTEMS

6/6/2023

7.

US-11,651,583-B2

MULTI-CHANNEL OBJECT MATCHING

5/16/2023

6.

US-11,614,527-B2

SELF-ADAPTIVE LIDAR-CAMERA SYNCHRONIZATION SYSTEM

3/28/2023

5.

US-11,592,565-B2

FLEXIBLE MULTI-CHANNEL FUSION PERCEPTION

2/28/2023

4.

US-11,555,928-B2

THREE-DIMENSIONAL OBJECT DETECTION WITH GROUND REMOVAL INTELLIGENCE

1/17/2023

3.

US-11,372,115-B2

VEHICLE LOCALIZATION

6/28/2022

2.

US-11,186,234-B2

VEHICLE SENSOR SYSTEMS

11/30/2021

1.

US-11,169,271-B2

OBSTACLE DETECTION SYSTEMS

11/9/2021

For a comprehensive view of Cyngn’s patents focused on modularity and flexibility of autonomous vehicle systems with multiple sensor modalities and configurations, please visit the USPTO.

About Cyngn. Cyngn develops and deploys scalable, differentiated autonomous vehicle technology for industrial organizations. Cyngn’s self-driving solutions allow existing workforces to increase productivity and efficiency. The Company addresses significant challenges facing industrial organizations today, such as labor shortages, costly safety incidents, and increased consumer demand for eCommerce.

Cyngn’s DriveMod Kit can be installed on new industrial vehicles at end of line or via retrofit, empowering customers to seamlessly adopt self-driving technology into their operations without high upfront costs or the need to completely replace existing vehicle investments.

Cyngn’s flagship product, its Enterprise Autonomy Suite, includes DriveMod (autonomous vehicle system), Cyngn Insight (customer-facing suite of AV fleet management, teleoperation, and analytics tools), and Cyngn Evolve (internal toolkit that enables Cyngn to leverage data from the field for artificial intelligence, simulation, and modeling).

Find Cyngn on:

Website: cyngn.comTwitter: twitter.com/cyngnLinkedIn: https://www.linkedin.com/company/cyngnYouTube: https://www.youtube.com/@cyngnhq

Investor Contact:
Don Alvarez, CFO
investors@cyngn.com 

Media Contact:
Luke Renner, Head of Marketing
media@cyngn.com 

FORWARD-LOOKING STATEMENTS:

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements, including the risk factors described from time to time in the Company’s reports to the SEC, including, without limitation the risk factors discussed in the Company’s annual report on Form 10-K filed with the SEC on March 7, 2024. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Cyngn undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Cyngn is not responsible for the contents of third-party websites.

 

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Defying Convention to Deepen Connections: Booking.com’s Predictions for Travel in 2025

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Research shows that American travelers will reject tradition and rewrite the rules, taking travel to new directions in the year ahead

NEW YORK, Oct. 16, 2024 /PRNewswire/ — Booking.com’s annual Travel Predictions research* reveals that travelers will be rewriting their playbook in 2025, defying the rules of conventional getaways, and forging new connections with themselves, their loved ones, those they meet along the way, as well as the destinations they visit. Whether rewriting the norms of expected travel based on age, gender, or simply what society thinks travel should look like for anyone, emboldened travelers are breaking out of familiar patterns and using their individual journeys to fuel and find personal growth.

“Travel plays a central role in bringing people closer together with our research showing that Americans are looking to develop deeper connections and a sense of unity through their travels in the year ahead,” comments Ben Harrell, Managing Director, US at Booking.com. “The trends we see emerging for 2025 toss conventional travel aside and make room for more non-traditional experiences that accept and embrace uncertainty. Luckily, the travel industry is an economic engine for the country that can break down barriers, renew relationships, and proffer personal growth. Booking.com remains committed to contributing to the positive impact of travel in 2025 and beyond, investing in technology that makes it easier to experience the world in an even more personalized way, aligned with trends and preferences that are important to Americans.”

Booking.com’s predictions for travel in 2025 are as follows:

SKI Trips: Boomers will throw caution to the wind and push the limits on generational travel

Forget a restful retirement; baby boomers are rewriting the rules on travel, showing the rest of the generations what ‘living their best life’ is all about. ‘SKI’ trips will be on the rise – but not on the slopes – as parents and grandparents flip priorities by Spending Kids’ Inheritance (SKI) instead of squirreling their savings. Two-fifths (41%) of American parents would rather spend money on a trip of a lifetime in 2025 than leaving inheritance to their children – with baby boomers coming in at 45% and the silent generation (those over 80) at 40%.

But next year, this trend will take on an altruistic approach, as older relatives look to splash the cash among their families, helping the younger generations through the cost of living crisis by paying for their next vacation. While the majority (51%) of Americans admitted that their parents had already paid for their vacations or part of their vacations since being an adult, boomers are likely to influence an uptick thanks to the 77% who are happy to pay for their children and 81% who are happy to pay for their grandchildren when booking their next trip. Prepare for more multi-generational trips courtesy of the Bank of Mom & Dad or Bank of Grandma & Grandpa.

But not only will boomers be opening their wallets in 2025, an emerging cohort are also expected to defy their years and conventional expectations in favor of thrill seeking in 2025. Over one-third (37%) of this generation are interested in vacations that involve adventure (up from 17% in 2024**) and 20% are eager to push beyond their established comfort zones, reconnecting with the reckless abandon of youth.

NocTourism: Travelers will have their head in the clouds as they look towards celestial happenings, cooler climates, and midnight magic 

With space tourism edging ever closer to reality, American travelers will be focused on building connections with the universe as they turn to more attainable astro-pursuits in 2025. Ditching the daylight crowds for midnight magic, over half (59%) of Americans are considering visiting darker sky destinations with starbathing experiences (63%), star guides (55%), once in a lifetime cosmic events (52%) and constellation tracking (52%) top of the stellar adventure list.

Concerns around climate change have also influenced this shift, with half (50%) planning to elevate their nighttime pursuits to avoid rising daytime temperatures and one-third (33%) of Americans preferring to vacation in cooler locations. Protection from UV rays is important for 57% of Americans who say they plan to reduce the amount of time they spend in the sun, while more than half (52%) expect to plan activities in the evenings and early mornings when the sun is at its lowest.

An appreciation for the nocturnal world is also expected to deepen American travelers’ connections with nature, as the majority (52%) would book a place to stay without lights to encourage less light pollution and preserve flora and fauna. . 

Boyz II Zen: Men are set to abandon bravado and embrace the introspective guys’ trip

Booze and bravado are set to take a back seat, as men lean in favor of guys’ trips rooted in wellbeing, self-development and empowered vulnerability. With cultural change bringing progress to conversations around men’s mental health and societal pressures, moments that combat loneliness and prioritize more mindful bonding will prevail in travel. Nearly half (46%) of Americans confirmed that they would encourage one of the men in their life to go on a men-only trip, jumping to 69% for Gen Z and 65% for millennials.

American male travelers are casting aside societal expectations and ‘bro culture’ cliches to rest and rejuvenate (27%), embrace personal growth (27%), switch off from the stresses of everyday life (19%),  and pursue mental health benefits (18%). Building connections, both old and new, will be crucial with a quarter (25%) looking to make new friendships, 19% looking to improve their relationship building skills with friends and family and 12% considering a men-only trip to tackle feelings of loneliness.

And further defying expectations, it’s women persuading the men in their lives to go on a men-only trip, with 54% encouraging their partner, 29% their friends, 24% their brother and 14% their father to put themselves first.

The Gate Escape: Airports will become the destination, not just a stop along the way

Gone are the days of arriving ‘just in time’ to avoid lingering in crowded lounges post-security, as American travelers reframe their 2025 vacation kick-off to embrace a new era of airport entertainment. More than a quarter (27%) express an interest in visiting somewhere because of its airport, with 57% curious about airports that offer more unique experiences or facilities.

But it’s Gen Z and millennials who will likely set to fuel this trend. Among both, 53% are keen to consider destinations based on their airport, rejecting stressed-out stereotypes in favor of indulgent experiences: from sleep pods (28% Gen Z, 33% millennials) and spas (34% Gen Z, 34% millennials) to Michelin star restaurants (15% Gen Z, 22% millennials). With this flip in mindset, American travelers are expected to turn every missed connection into a slay-over next year.

With more than half (52%) of American travelers suggesting they would feel more excited and stress-free about their trip if there were a wider array of facilities for use prior to their flight, vacations will start long before the plane is boarded. In 2025, the start of the journey could be just as exciting as the destination.

Passport to Longevity: Travel experiences that play a role in living a longer, healthier life will be in higher demand

With more than half (52%) of American travelers revealing they would pay for a vacation that’s sole purpose was to extend their lifespan and wellbeing, 2025 could mark the first year of the rest of their longer lives.

A vacation is no longer just time to unwind. Driven by the desire to cultivate better lifestyle choices, almost half (49%) of American travelers are interested in a longevity retreat – a super-charged flex on traditional wellbeing itineraries where temporary fixes are replaced in pursuit of a longer, healthier life.

Deep revitalization is a top priority, from body vibration (48%) and red light therapies (47%) to cryotherapy (32%) and stem cell treatment (35%). More than half (57%) are looking for new wellness activities they can mix into their daily lives as they reconnect with a more balanced version themselves, including learning about timed coffee ingestion (30%) and IV therapy (29%).

Vintage Voyaging: Travelers will rethink souvenirs, opting for unique, secondhand finds to commemorate their trips

Vacation wardrobes will get a makeover in 2025, as trendy travelers turn vintage voyagers, hitting thrift stores while on holiday to curate a more sustainable suitcase. Over a third (38%) of American travelers said they would be interested in buying their vacation wardrobe during their trip rather than before, jumping to 59% of Gen Z, while 55% would visit thrift stores on vacation with nearly three quarters (74%) having already bought vintage or second-hand products when abroad.

No doubt influenced by both cost and climate awareness, this shift isn’t just about style – it’s about staying savvy. With 58% of American travelers intending to be thriftier on their trips and 67% tightening budget planning in order to maximize their experiences, finding bargain hidden gems in second-hand stores will become a pivotal part of the adventure in 2025. Flying in the face of fast fashion and mass consumerism, more than one-quarter (27%)  say they find better quality products in vintage stores abroad than at home, while 29% say they buy vintage on vacation because they find better bargains.

With travelers interested in bringing home pieces that tell a story, a thrift trip is now more than just shopping; it’s a way to bring cultural connections back home, all while making eco-conscious and wallet-friendly choices. Move over fridge magnet, vintage clothes will be the new souvenir of choice in the year ahead

AI = Alternative Itineraries: Travelers will tap into technology to source more travel experiences to meet their unique needs and expectations

New technologies are already helping travelers find experiences tailored to their needs, but in 2025 we’ll see innovations being leveraged to help people travel more respectfully, caring for the wellbeing of the destinations they visit and meeting the needs of diverse travelers with more specific travel needs and expectations.

Almost two-thirds (62%) will use technology to make informed decisions that contribute positively to the locations they visit. AI-powered tools, like Booking.com’s AI Trip Planner, are set to play a pivotal role in shaping these journeys, withAmerican travelers also expected to apply a more responsible lens to how they are using technology. Nearly half (49%) of American travelers won’t tag locations on social media when visiting a lesser known destination in 2025 to keep it under wraps and avoid encouraging flocks of Instatourists. Technology will equally play a role in finding alternatives that can be shared without the guilt of overburdening the usual hotspots, with 61% hoping to use technology to find less crowded areas.

With different ways of thinking and processing information, neurodivergent travelers will also be using emerging and evolving technologies to put their needs in the spotline and revolutionize how they experience the world in 2025. Over two thirds (67%) of travelers who identify as neurodivergent are interested in AI tools that would provide them with up-to-date travel information, reports of delays and suggestions on quieter, less busy spaces in airports and hotels. Sensory rooms in airports, hotels and other locations are sought after by 67%, while 77% would like to see more ‘block out noise’ options across the travel experience.

For more information about Booking.com’s 2025 Travel Predictions, please visit Booking.com/2025-travel-trend-predictions-report.html. To download the global Travel Predictions 2025 report visit https://news.booking.com/.

CONTACT DETAILS

For any queries, please contact Kelly Wells, kwells@hs-pr.com

METHODOLOGY

* Travel Predictions 2025 research commissioned by Booking.com and conducted among a sample of adults who plan to travel for business or leisure in the next 12-24 months. 1,006 respondents from the US were polled. Respondents completed an online survey in July-August 2024.

** Travel Predictions 2024 research commissioned by Booking.com and conducted among a sample of adults who plan to travel for business or leisure in the next 12-24 months. 1,005 respondents from the US were polled. Respondents completed an online survey in July 2023.

View original content:https://www.prnewswire.com/news-releases/defying-convention-to-deepen-connections-bookingcoms-predictions-for-travel-in-2025-302277510.html

SOURCE Booking.com

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