Technology
E-Commerce Logistics Market to Grow by USD 802.3 Billion (2024-2028), Driven by Rising Cross-Border E-Commerce, AI-Powered Report Highlights Market Transformation – Technavio
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2 weeks agoon
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NEW YORK, Nov. 12, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global e-commerce logistics market size is estimated to grow by USD 802.3 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 28.2% during the forecast period. Increase in cross-border e-commerce activities is driving market growth, with a trend towards emergence of supermarket mini distribution centers. However, high logistics cost poses a challenge.Key market players include Agility Public Warehousing Co. K.S.C.P, Aramex International LLC, C H Robinson Worldwide Inc., CMA CGM SA Group, DB Schenker, Deutsche Post AG, dotdigital Group Plc, DSV AS, eStore Logistics, FedEx Corp., Gati Ltd, GXO Logistics Inc., Kenco Group Inc., Kuehne Nagel Management AG, Nippon Express Holdings Inc., Rhenus SE and Co. KG, SF Express Co. Ltd., Sinotrans Ltd, United Parcel Service Inc., and XPO Inc..
Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF
E-Commerce Logistics Market Scope
Report Coverage
Details
Base year
2023
Historic period
2018 – 2022
Forecast period
2024-2028
Growth momentum & CAGR
Accelerate at a CAGR of 28.2%
Market growth 2024-2028
USD 802.3 billion
Market structure
Fragmented
YoY growth 2022-2023 (%)
21.6
Regional analysis
APAC, North America, Europe, Middle East and Africa, and South America
Performing market contribution
APAC at 61%
Key countries
China, Japan, US, Germany, and India
Key companies profiled
Agility Public Warehousing Co. K.S.C.P, Aramex International LLC, C H Robinson Worldwide Inc., CMA CGM SA Group, DB Schenker, Deutsche Post AG, dotdigital Group Plc, DSV AS, eStore Logistics, FedEx Corp., Gati Ltd, GXO Logistics Inc., Kenco Group Inc., Kuehne Nagel Management AG, Nippon Express Holdings Inc., Rhenus SE and Co. KG, SF Express Co. Ltd., Sinotrans Ltd, United Parcel Service Inc., and XPO Inc.
Market Driver
E-commerce logistics is a booming market, driven by the rise of C2C and B2C sales. Suppliers are integrating with supply chain solutions to ensure timely delivery of goods. Technology plays a key role, with business analytics, logistics professionals, and transportation management software streamlining operations. Digital technology, including barcode systems and portable data terminals, enhances efficiency. Cross-border e-commerce activities are surging, fueled by internet penetration and increasing online purchases of everyday essentials, electronics, personal care items, furniture, fashion, and more. SMEs are leveraging e-commerce logistics services to expand their operational areas. Last-mile delivery, drone delivery services, and digital payment methods are transforming the transportation and retailing industries. Logistics companies are investing in hardware technologies like Geographic Information Systems and Global Positioning Systems to optimize routes and reduce fuel prices. Venture capitalists are funding innovation, from mega centers and returns processing centers to third-party logistics providers using a multi-client fulfillment model. The transportation service industry continues to evolve, with rail, road, and air transport adapting to the needs of e-commerce companies. Commodity transport, from wheat to smartphones, is being revolutionized by digitalization and the Internet of Things.
E-commerce logistics is a critical aspect for retailers and online businesses, as providing efficient and accurate order fulfillment is essential for customer satisfaction and retention. Warehouse picking errors can lead to increased costs due to returns, repackaging, and re-shipping, as well as lost sales and poor customer reviews. The demand for faster delivery times has driven shippers to move storage and manufacturing closer to consumers, transforming brick-and-mortar stores into mini distribution centers. This strategy allows for quicker order processing and reduces the risk of picking errors, ultimately benefiting both the retailer and the customer.
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Market Challenges
E-commerce logistics faces several challenges in today’s business landscape. Supplier management is crucial for timely delivery of cargo, requiring effective supply chain solutions. Technology plays a significant role, with business analytics and logistics professionals utilizing digital technology for inventory management, transportation, and warehousing. C2C and B2C e-commerce activities increase the operational area, necessitating freight or rail, maritime, and air transport. Cross-border e-commerce activities are boosted by internet penetration, impacting transportation management software, packaging solutions, and returns processing. SMEs face inventory challenges with shelf life, requiring cloud deployment and workforce management strategies. The transportation service industry is evolving with drone delivery services, digital payment methods, and hardware technologies like IoT, barcode systems, and portable data terminals. Logistics companies seek funding from venture capitalists to navigate challenges like fuel prices and competition from third-party logistics providers. Last-mile delivery, retail order fulfillment, and commodity transport remain key areas of focus for e-commerce companies, with DHL leading the way in online shopping.E-commerce logistics involves direct costs such as transportation, warehousing, and value-added services, and indirect costs including inventory-carrying costs, theft, damages, and losses in transit. Factors like labor shortages and rising fuel prices increase shipping costs. Volatility in crude oil prices significantly impacts transportation expenses, challenging profitability. Meanwhile, customers demand lower rates, creating pricing pressure. Balancing these pressures requires strategic cost management and efficient operations in e-commerce logistics.
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Segment Overview
This e-commerce logistics market report extensively covers market segmentation by
Usage 1.1 Domestic1.2 InternationalService 2.1 Transportation2.2 Warehousing2.3 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America
1.1 Domestic- The domestic segment of the e-commerce logistics market holds the largest market share and is projected to experience substantial growth in terms of revenue compared to the international segment. This growth is attributed to the economic expansion and advancements in e-commerce logistics and inventory management, compelling businesses to invest heavily in this sector to maintain growth and enhance productivity. Additionally, the shift towards digital transformation, cloud deployment, and modernization in workforce management among Small and Medium-sized Enterprises (SMEs) globally, contribute significantly to market expansion. Major players in the e-commerce logistics market are prioritizing operational improvements and overall efficiency to stay competitive, thereby fueling the growth of the domestic segment in the global e-commerce logistics market.
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Research Analysis
The E-Commerce Logistics Market is a critical segment of the supply chain solutions industry, catering to the unique demands of C2C and B2C e-commerce businesses. Leveraging digital technology, this market offers various services such as warehousing, transportation, packaging solutions, and returns processing, ensuring seamless delivery of goods to online buyers. The market is driven by internet penetration and the increasing number of internet users, leading to a boom in e-commerce activities. Everyday essentials, groceries, and cross-border trade are some of the major categories driving the growth of this market. E-commerce logistics services have become essential for online businesses to meet customer expectations for fast and reliable delivery. Rail transportation plays a significant role in the logistics network, offering cost-effective and efficient solutions for moving large volumes of goods. Business analytics and technology are key enablers, providing valuable insights into inventory management, demand forecasting, and supply chain optimization. Logistics professionals are the backbone of the industry, ensuring the smooth flow of goods from suppliers to end customers.
Market Research Overview
The E-Commerce Logistics Market is a dynamic and rapidly growing industry that caters to the supply chain needs of C2C and B2C e-commerce businesses. Technology plays a pivotal role in this sector, with digital technology and business analytics driving operational efficiency and effectiveness. Logistics professionals manage the transportation and warehousing of cargo, ensuring timely delivery and optimal inventory management. E-commerce logistics services encompass cross-border activities, with internet penetration and increasing online businesses fueling growth. Transportation management software, packaging solutions, and digital technologies such as barcode systems, portable data terminals, and Geographic Information Systems are essential tools. SMEs and retailers rely on logistics companies for warehousing, transportation via freight or rail, maritime, and air transport. The market is witnessing innovation with the advent of drone delivery services, digital payment methods, and the Internet of Things. Venture capitalists and funding are driving the digitalization of logistics, with a focus on last-mile delivery and the multi-client fulfillment model. The market includes key segments such as everyday essentials, electronics, personal care items, furniture, fashion, smartphones, and commodity transport. Logistics companies are investing in mega centers and returns processing centers to cater to the growing demand for retail order fulfillment. Fuel prices and geopolitical factors can impact the industry, making it a complex and exciting space to watch.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
UsageDomesticInternationalServiceTransportationWarehousingOthersGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America
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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SOURCE Technavio
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Four New Products from Scosche® Industries Honored With Global Media Awards At 2024 SEMA Show
Published
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November 25, 2024By
Scosche innovations rise to the top among 3,000 new product submissons
OXNARD, Calif., Nov. 25, 2024 /PRNewswire-PRWeb/ — COSCHE Industries, a leading innovator of award-winning consumer technology and accessories, and the #1 Mount and FM Transmitter brand* in North America is pleased to announce that four of their new products were awarded SEMA Global Media Awards (GMA).
This year the GMA voting panel reviewed nearly 3,000 new products that were featured at the SEMA Show. Each journalist selected 10 products that would be of most interest to their publications’ readers, and most likely to succeed commercially in their respective countries. Scosche is extremely honored to be recognized by this prestigious international automotive community, for their cutting-edge designs and technology.
The judges selected the following Scosche products:
The PowerVolt™ Pro Finder, a 42W Dual-Port Power Delivery Car Charger with a built-in Finder that locates a vehicle from your phone. The Pro Finder integrates seamlessly with the Apple® Find My app and also charges up to two devices simultaneously.
Selected by Mike Kojima of MotoIQ, USA.
The MagSafe® compatible MagicMount™ MS Heavy Duty Phone/Tablet Mount is built with premium aluminum and extra strong magnets to keep your phone or tablet securely in place—no matter where, and how hard, you drive. It comes with two arm length options to suit regular and deep dash vehicles.
Selected by Juan Carlos Cuellar of Sobre Ruedas, Honduras.
The PowerVolt 100 – Six-Port Car Charger can charge six devices (three in the front seats and three in the back) simultaneously, with 100W of total power. The charger and charging hub are connected with a 5 Ft cable, eliminating tangled cables and passengers waiting to charge their devices.
Selected by Young-Jun Yu of Car and Tech, South Korea.
The MagicMount Flask combines the benefits of a secure and adjustable MagSafe compatible phone mount with a high-quality insulated beverage bottle. The flip up straw lets you sip without removing the lid and it even keeps your pet hydrated with the removable silicone sleeve.
Selected by Juan Carlos Cuellar of Sobre Ruedas, Honduras.
#1 Mount Brand
*Source: Circana, /Retail Tracking Service, Mobile Holders/Stands, Excluding Mobile Holder Type: Mobile Grip/Stand, Unit Sales, Jan. 2021– May 2024 combined.
Circana/Retail Tracking Service, U.S. & Canada, PDPA Connectivity, Type: Wireless/FM Transmitters/ Modulators, Jan. 2020 – May, 2023 combined.
Note: The Scosche MagicMount phone mount system was granted two design patents: D790,960 and D831,462.
Follow us on: Instagram (@scoscheinc) and @scosche on X, Facebook, Pinterest,YouTube, TikTok, and LinkedIn, for the latest news on all of the company’s award-winning consumer tech and car audio products and accessories. And also visit our company Press Room on Scosche.com.
About SCOSCHE: Founded in 1980, SCOSCHE Industries is an award-winning innovator of consumer technology and car audio products – committed to delivering superior product quality and functionality, exceptional value and unmatched customer service. The designers and engineers at SCOSCHE develop products that reflect a rich heritage in audio and mobile technologies. SCOSCHE finds inspiration in the California lifestyle, culture, music and people. These influences can be seen in the accessories and products that are now in the hands, homes, offices and vehicles of people in over 50 countries. With over 400 patents/trademarks and countless industry awards received, it is easy to see why SCOSCHE is consistently at the forefront of technology and innovation. http://www.scosche.com
Media Contact
Chris Herbert, Scosche, 6144488703, cherbert@pendulum-pr.com, www.scosche.com
View original content to download multimedia:https://www.prweb.com/releases/four-new-products-from-scosche-industries-honored-with-global-media-awards-at-2024-sema-show-302315731.html
SOURCE Scosche
Technology
Automatic Doors Market size is set to grow by USD 8.41 billion from 2024-2028, gaining traction in construction market boost the market- Technavio
Published
11 minutes agoon
November 25, 2024By
NEW YORK, Nov. 25, 2024 /PRNewswire/ — The global automatic doors market size is estimated to grow by USD 8.41 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 7.2% during the forecast period. Gaining traction in construction market is driving market growth, with a trend towards increase in demand for automatic doors for cleanrooms. However, accidents and safety concerns poses a challenge. Key market players include Allegion Public Ltd. Co., ASSA ABLOY AB, Auto Ingress Pty Ltd, Avians Innovations Technology Pvt. Ltd., Deutschtec GmbH, Dormakaba Holding AG, GEZE GmbH, JM Entrance Automation Pvt. Ltd., KBB International Co. Ltd, KONE Corp., Landert Group AG, MAGNETIC FAAC India Pvt Ltd., MANUSA GEST SL, Nabtesco Corp., Ningbo Meibisheng Auto gate Co. Ltd., Ningbo Ownic Technology Door Ltd., Ozone Overseas Pvt. Ltd, PortaFab Corp., Royal Boon Edam International BV, and Vina Sanwa, Zhejiang Seacon Door Technology Co., Ltd, TORMAX USA Inc, Ultra Safe Security Doors, Vortex Industries, Inc, Wilcox Door Service Inc
Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF
Automatic Doors Market Scope
Report Coverage
Details
Base year
2023
Historic period
2018 – 2022
Forecast period
2024-2028
Growth momentum & CAGR
Accelerate at a CAGR of 7.2%
Market growth 2024-2028
USD 8.41 billion
Market structure
Fragmented
YoY growth 2022-2023 (%)
6.12
Regional analysis
Europe, North America, APAC, South America, and Middle East and Africa
Performing market contribution
Europe at 30%
Key countries
US, Canada, China, Germany, and France
Key companies profiled
Allegion Public Ltd. Co., ASSA ABLOY AB, Auto Ingress Pty Ltd, Avians Innovations Technology Pvt. Ltd., Deutschtec GmbH, Dormakaba Holding AG, GEZE GmbH, JM Entrance Automation Pvt. Ltd., KBB International Co. Ltd, KONE Corp., Landert Group AG, MAGNETIC FAAC India Pvt Ltd., MANUSA GEST SL, Nabtesco Corp., Ningbo Meibisheng Auto gate Co. Ltd., Ningbo Ownic Technology Door Ltd., Ozone Overseas Pvt. Ltd, PortaFab Corp., Royal Boon Edam International BV, and Vina Sanwa, Zhejiang Seacon Door Technology Co., Ltd, TORMAX USA Inc, Ultra Safe Security Doors, Vortex Industries, Inc, Wilcox Door Service Inc
Market Driver
Automatic doors are becoming increasingly popular in various sectors due to their convenience, accessibility, and safety benefits. Infrastructure development projects such as malls, airports, hotels, multiplexes, restrooms, hospitals, and commercial buildings are major consumers of automatic doors. These doors offer seamless entry and exit systems for individuals, making them ideal for public places. In the transportation sector, automatic doors are used in railway stations, bus terminals, and subway systems, enhancing the overall travel experience. Smart home applications and automation are also driving the demand for automatic doors, offering energy efficiency and privacy with mechanisms like privacy glass and opaque panels. Raw materials like metal and glass are used to manufacture automatic doors, with mechanisms including sliding and manual operation. Sensors and control systems are essential components, with options for photoelectric sensors, infrared sensors, and cable-free operation. Automatic doors offer safety features, including emergency departments, critical care units, and patient care areas, with response times crucial for emergency care. The transportation sector and commercial spaces, including office complexes, restaurants, and transportation infrastructure, are also investing in automated solutions for a hands-free, sensor-based type of experience. Building safety regulations and consumer spending power are key factors influencing the market growth of automatic doors. Additionally, automatic doors are customized to cater to various sectors, including healthcare facilities, laboratories, and educational institutions, ensuring cross-contamination and germ prevention. Overall, automatic doors offer a convenient, accessible, and safe solution for various industries and applications.
The automatic doors market is witnessing significant growth due to the increasing demand for automatic doors in cleanroom environments. Cleanrooms are essential in industries such as laboratories and hospitals, where maintaining a sterile environment is crucial. Automatic doors are the preferred choice in these settings as they minimize microbial contamination and prevent cross-contamination. The integration of automatic doors in cleanrooms is becoming standard practice to ensure safety for both people and products. These doors are designed with materials that allow for the seamless integration of HVAC systems and entrances, maintaining the required microbiological levels while minimizing dust particle entry. The market for automatic doors in cleanroom applications is expected to expand substantially during the forecast period.
Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!
Market Challenges
Automatic doors have become a standard infrastructure in malls, airports, hotels, multiplexes, hospitals, and various commercial buildings. These doors offer convenience and accessibility for individuals, especially those with mobility issues. However, challenges exist in meeting the unique needs of different sectors. For instance, in hospitals and emergency departments, safety, energy efficiency, and response times are critical. In contrast, in smart home applications and automation, cable-free operation and seamless experience are essential. Raw materials, such as privacy glass and opaque panels, add to the cost. Mechanisms like sliding doors and manual operation require regular maintenance. Sensors and control systems, including photoelectric and infrared sensors, ensure hands-free operation in public places. Building safety regulations and consumer spending power influence the market’s growth. The transportation sector, including railway stations, bus terminals, and subway systems, also presents significant opportunities. Infrastructure development projects and commercial spaces like offices, restaurants, and transportation infrastructure require automated solutions for efficient operation and enhanced user experience. Additionally, sensor-based types cater to the needs of wheelchair operators and laboratories. Privacy, cross-contamination, and germs are concerns in public places. Automatic doors offer a convenient and accessible solution for various sectors, ensuring a seamless experience while adhering to safety regulations.Automatic doors offer convenience and accessibility for businesses and their customers. However, the implementation of these doors comes with potential liabilities. Malfunctioning hardware can result in accidents, leading to financial losses for pedestrians and potential litigation against property owners. Regular maintenance is crucial to prevent such incidents. Neglecting this responsibility can result in costly lawsuits. The risks associated with automatic doors may hinder market growth, as businesses prioritize safety over convenience.
Discover how AI is revolutionizing market trends- Get your access now!
Segment Overview
This automatic doors market report extensively covers market segmentation by
End-user 1.1 Commercial1.2 Industrial1.3 ResidentialProduct 2.1 Sliding doors2.2 Swing doors2.3 Folding doors2.4 Revolving doors2.5 OthersFunctionGeography 3.1 Europe3.2 North America3.3 APAC3.4 South America3.5 Middle East and Africa
1.1 Commercial- Automatic doors are essential in the commercial sector due to their safety, security, and convenience features. These doors are widely used in areas requiring hygienic conditions, such as hospitals, food processing units, and public transit systems. In commercial buildings, automatic doors are implemented for quick evacuation during emergencies, ensuring the safety of occupants. Touch-free activations like foot sensors and hand-wave sensors offer added convenience for staff. Automatic doors are also popular in areas with entry and exit barriers, such as parking plazas and toll plazas. The versatility and smart features of automatic doors are driving their demand in the commercial segment, making it a significant growth area in the global automatic doors market.
Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics
Research Analysis
The Automatic Doors market encompasses a wide range of applications including malls, airports, hotels, multiplexes, restrooms, hospitals, and smart home applications. These doors offer convenience, accessibility, and safety for individuals, making them an essential component of modern infrastructure. Automatic doors come in various types such as entry systems and exit systems, with mechanisms that include sensors like photoelectric and infrared. They can be operated manually or automatically, with cable-free operation being a popular choice for smart home automation. Automatic doors provide energy efficiency, adding to their appeal, and are integral to smart building solutions. Raw materials used in their production include metals, glass, and plastics. The market continues to evolve, offering customized solutions to meet the diverse needs of various industries.
Market Research Overview
The Automatic Doors market is witnessing significant growth due to the increasing demand for convenience, accessibility, and safety in various sectors. Automatic doors are increasingly being used in malls, airports, hotels, multiplexes, restrooms, hospitals, and other commercial buildings. Infrastructure development projects, railway stations, shopping malls, educational institutions, and transportation infrastructure are some of the major applications driving the market’s growth. Automatic doors offer several benefits, including energy efficiency, safety mechanisms, and seamless experience. They come in various types, such as sliding automatic doors, manual operation, and sensor-based types. The market also offers customized solutions for individuals and smart home applications. Raw materials used in automatic doors include metal and glass, while mechanisms include photoelectric sensors, infrared sensors, and cable-free operation. Automated solutions and smart building solutions are also gaining popularity. The transportation sector is a significant consumer of automatic doors due to building safety regulations and consumer spending power. Automatic doors offer privacy and security with opaque panels and emergency departments, critical care units, patient care, and emergency teams benefit from quick response times and sensor-based types. Automatic doors are also used in public places such as theaters, grocery stores, and laboratories to ensure a seamless experience and prevent cross-contamination and germs. Maintenance charges are a concern, but the benefits of automatic doors outweigh the costs.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
End-userCommercialIndustrialResidentialProductSliding DoorsSwing DoorsFolding DoorsRevolving DoorsOthersFunctionGeographyEuropeNorth AmericaAPACSouth 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/
View original content to download multimedia:https://www.prnewswire.com/news-releases/automatic-doors-market-size-is-set-to-grow-by-usd-8-41-billion-from-2024-2028–gaining-traction-in-construction-market-boost-the-market–technavio-302314943.html
SOURCE Technavio
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Introducing the New, Enhanced CampusGuard Central
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View original content:https://www.prnewswire.com/news-releases/introducing-the-new-enhanced-campusguard-central-302315843.html
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