Showing posts with label Market Research Reports for Logistics. Show all posts
Showing posts with label Market Research Reports for Logistics. Show all posts

Thursday, September 13, 2018

Increasing Use of Cloud Computing Technology in the Logistics Industry Market Outlook: Ken Research

Logistics can be summarized as having the right type of the product or service at the right place, at the right time and in the exact condition. The activities of logistic market can majorly accelerate the economic growth and productivity growth. Moreover, the increase in the growth of the global logistic market is directly related to the current economic growth and the development of international trade such as transportation, material handling, security, packaging, integration of information and others. The transportation and security of the material plays an essential role in ease of doing trade processes. According to the report analysis, ‘LOGISTIC AND SHIPPING MARKET RESEARCH REPORT’ states that the global logistic market industry has grown significantly while logistic have become an essential part of the business economic system.
The logistic market involves transactions which can be done by many parties and occurring many times outside the office. Therefore, for doing effective transactions in the new era trading partner using the technology of cloud computing. The traditional way of doing transaction sometimes results high cost and time consuming process whereas the cloud computing eliminate the presence of middle man and reduce the cost and less time consuming technique. Cloud computing for logistic industry management involves effective handling of the supply chain system from the point of origin to the point of consumption is covered. Moreover, cloud computing applications have the potential to provide vast efficiency and flexibility options for the logistic industry. The key players, which are currently expanded operations to New York, Amsterdam, and Hong Kong uses smart processes to increase transparency, cut transaction costs and satisfy a growing consumer preference for crowd-sourced delivery options. Furthermore, the user of cloud computing technique can quickly switch between applications and the complexity in managing applications is reduced. The key player of cloud computing market is doing more establishments with the ability to quickly launch new applications which can make the market of logistic more secured from the theft and fraud. The main goal of enabling more advancement in the technology of cloud computing is virtualization. The performance of cloud computing is m    onitored by the IT experts from the service providers. According to the report analysis, MARKET RESEARCH REPORT FOR LOGISTICS’ suggests that the introduction of new innovation in the cloud computing technique is providing better safeguard and cater more investors as the cloud computing provide more data in real-time which is accessible.
With the extensive usage of cloud computing due to the effective applications market is growing significantly around the globe therefore, the global logistic market has been divided into four main regions which include North America, Europe, Asia Pacific region and rest of the globe. The Asia Pacific region is expected to grow at the highest CAGR in the coming years followed by North America and Europe. China, Japan, Australia, Indonesia and India are the major markets in the Asia Pacific region whereas China has dominated the largest logistics market due to the presence of a large manufactures and huge population in the country. In Europe, Germany, the U.K. and France are the major countries for logistics markets. Moreover, in the recent few years, the rise of e-commerce has added to the transport boom and seen a significant growth across the industry’s value chains as a whole.
XPO Logistics Inc., DHL International GmbH, Ceva Holdings LLC, C.H. Robinson Worlwide, Inc., Schenker AF, DTDC Express Limited and others are the some major key players which are currently performing in this market whereas in India DTDC Express Limited dominating the huge market share and in U.S. XPO Logistics Inc., acquire huge share in the market of logistics. European companies such as Schenker AG and DHL International GmbH is also expected to grow in the coming years with the handsome amount of share in the market. Some of the companies are benefitted with the acquisition & mergers and joint ventures.
With the existence of numerous players in the market of logistics lead to competition and opportunities to the new entrants in the market. New entrants make the market more effective and profit making with the more development in the technology and globalization coupled with the population growth. Therefore, the market of logistics is expected to grow globally in the coming years over the decades with the more development in the economy.
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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Monday, July 2, 2018

RFID Technology in Logistics Market Outlook: Ken Research

Logistics and shipping industry analysis presents an ever increasing demand for technology that can make the handling process more efficient by saving time. A number of such developments have been made and many more are being experimented. Radio Frequency Identification or RFID is a data collection technology that uses electronic tags for storing data and is an automated form of identity verification.
Product identification is immensely important for smooth functioning and this sector has been upgraded with technologies such as Bar Code scanners. RFID is a method of storing data and retrieving it via radio waves much in the same way as a bar code can store information about the product. It uses electromagnetic fields to automatically identify and track tags attached to objects. The RFID tags contain electronically stored information and unique identifiers that correspond to inventory database records. Passive tags collect energy from a nearby RFID reader’s interrogating radio waves. Active tags have a local power source such as a battery and may operate hundreds of meters away from the RFID reader. RFID in logistics chain offers some significant advantages over traditional inventory control methods-
  1. RFID tags are superior to barcodes. Unlike a barcode the RFID tag need not be within the line of sight of the reader and may be embedded in the tracked object. Also, RFID tags hold more data than bar codes. A major differentiator is the unique serial number in the RFID’s Electronic Data Code (EPC) because it allows tracking of individual items. RFID works wirelessly, so you can point a scanner at a box of items and register each one without having to take them out first
  2. RFID tags contain a microchip hence, the transportation process will also be made smoother as RFID tags on shipping items are of small size and can easily be used, disposed and replaced after usage. This lets the controller know about transportation taking place.
  3. Safe and secure handling of goods is also made possible as tracking items is made easy and flexible with RFID. The storing and networking of information through RFID gives it an extra edge in security purposes as the tags can trigger security alarms if removed.
  4. RFID is able to scan multiple products simultaneously which is done without any human intervention making the process diligent. It therefore, acts as a responsible regulator of products.
  5. RFID can also be integrated with other systems and when scanned on entry and exit can let you know when the item left the premises.
Market research reports for logistics reveal that RFID, which is still in its developing stage, is attracting global interests. The RFID market is expected to hit a market value of USD 19 billion by 2026. The global RFID readers market is expected to witness a significant CAGR of 12.5% from 2017 to 2027.
RFID is widely being promoted as a step forward in logistics management with its advanced techniques. The various uses of RFID tags are still being explored and its ability to track items is gaining popularity among automobile manufacturers, pharmaceutical companies and for livestock management despite the related privacy concerns owing to its ability to get attached and read personally linked information without consent.
Key Factors Considered in the Report:
Logistics and Shipping Market Research Reports
Logistics and Shipping Industry Analysis
Market Research Reports for Logistics
Logistic Market Research Report
Logistics and Transportation Market Research Reports Consulting
Logistics Business Review
Logistics and Shipping Industry Research and Market Reports
To know more, click on the link below:
Contact Us:
Ken Research 
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Thursday, June 14, 2018

Cargo and Delivery Drone Logistics Market Outlook: Ken Research

Overview: An unmanned aerial vehicle (UAV) commonly known as a drone is an aircraft without a human pilot aboard. Small drones designed to deliver small commodities such as pharmaceuticals to remote hospitals have been around for years but face bans to operate beyond line of sight from world regulatory agencies in the interest of public safety. However, larger more capable machines are being developed.
Evolution: Innovation has led to developments in air travel for people, with reliable cargo aircrafts being modifications of passenger jets. However, things have started to change by the introduction of UAVs in the field of cargo and delivery which have been designed with the view to save time and money. Drones are a result of extensive research and they have even begun modest use with tech giants and e-commerce companies.  Some companies have even started developing their own drone’s .Even renowned aircraft manufacturers like Boeing have begun building drones to cater to the growing demand for air freight.
Recent developments include-
DHL’s Parcel copter
Boeing’s CAV released in January 2018
UPS unveiled a battery powered residential delivery drone in 2017.
Sabrewing Aircraft Co. and JD.com are all working on large prototypes that have a long range.
Beijing based Sichuan Tengden Technology is developing a cargo drone which would carry 20 tons of cargo.
California based Natilus is working on cargo drones with a 90 ton capacity.
Market Scenario: The market for air freight is one of the key drivers for growth of the logistics market as indicated by several market research reports for logistics. Despite this the market for drones is still very primitive .Major companies have launched their drone promotion projects for instance Amazon’s Prime Air drone and Google’s Project Wing which was used for deliveries in Australia. Chinese companies such as drone maker Beihang UAS are tapping into interests of delivery drones as suggested by a logistic market research report which estimates the Chinese parcel delivery industry to grow by 25%-30% in the coming years .The 2017 data for global air freight markets showed that the demand had grown by 9% which was more than double the growth recorded in 2016.
Competition: In the interest of research, development and more efficient freight transportation many companies have joined forces.  Microsoft partnered with DJI a Chinese drone manufacturer and Alphabet partnered with Guzman Y Gomez in 2018. In 2016 UPS began testing commercial drones in partnership with drone maker CyPhy Works. China’s largest courier service SF Express Delivery uses drones in partnership with Tengoen Technology to drop cargo pods. Beihang UAS has entered into a strategic partnership with logistics firm Cainiao.
Conclusion: Undoubtedly the drone oriented cargo delivery system has immense potential and with leading players like China who are willing to invest immensely in this sector we can expect drone services being more easily accepted in the future .Ecommerce is also expected to develop and with it the demand for APAC economies, like China, which is expected to further drive the air cargo and delivery industry.
Key Factors Considered in the Report:
Logistics and Shipping Market Research Reports
Logistics and Shipping Industry Analysis
Market Research Reports for Logistics
Logistic Market Research Report
Logistics and Transportation Market Research Reports Consulting
Logistics Business Review
Logistics and Shipping Industry Research and Market Reports
To know more, click on the link below:
Contact Us:
Ken Research 
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Wednesday, May 16, 2018

Artificial Intelligence in the Logistics Sector: Ken Research

Introduction: The logistics sector is a highly volatile and cost heavy sector involving a large number of fixed costs involved by companies looking to control end to end function and value production of the supply chain and is high in variable cost for companies looking to use contracted services for their supply chain operations. The direct delivery and last mile delivery component of any supply chain is the most tasking in terms of costing resources and the overall costs are high for specialized warehousing, air based freight and for land based freight based on Logistics Business Review. The other categories of cost though lower than the above indicated factors still end up being a major contributor to the expenses of a business and could lead to major loss if the operational resource requirement is not accurately analyzed. The need for accurate prediction has led to the explosive popularity of data analytics in the field of logistics and supply chain based operations. The application of analytics is also for prediction of need for warehouse space, transportation services, fleet requirement, order prediction and customer satisfaction which helps gauge brand value. All of the above pieces of information can be calculated accurately in a time and cost effective manner using Artificial Intelligence.
AI: Artificial Intelligence or AI is simply the application of computers to scenarios which would require human intelligence. The increasing demand for artificial intelligence has been due to reduced transistor prices reducing the cost of computational power and the advent of new chips such as Google’s TPU (Tensor Processing Unit). These specialized pieces of hardware are capable of the computational power needed for AI based systems to utilize computers for the tasks which are tedious and difficult to achieve through human labor. Another big factor requiring machine thinking capability rather than a human‘s is due to the recent explosive adoption of big data technology. Big data allows machines to reveal insights which may not have been visible before by analyzing large blocks of data and using predictive analytics, assisting companies make a decision on the implementation of their resources as well as the estimation of the level of profitability from operations.
AI and Supply Chain: The integration of Artificial intelligence into the supply chain can have a variety of benefits for different aspects of the logistics process. There are roughly 26 sub processes in logistics which can be impacted through the integration of Artificial Intelligence. AI can help with Omni Channel delivery, Package quality tracking, Process efficiency management, Cloud based logistics, IoT integration and functionality, Autonomous vehicles, Energy efficient logistics and more. The integration of AI in logistics allows for a long term reduction in cost post implementation of the system, paves the path for the introduction of automation and also allows for the minimization of operational error by removing human error. Adapting automation practices will lead to major increase in operational productivity in the short run and in the long run will lead to optimization of human resources as well, as the only jobs that will be handled by humans are the tasks where either the machine cannot handle the task at hand or in the scenario where employing a machine to tackle the task would be less profitable than to employ a human. The optimization of the human resource element and the ideal adoption of machines would lead to efficient space usage and effective reduction in payroll and human resources which is considered one of the major expenses of running an organization. The integration of artificial intelligence with IoT allows for effective real time collection of data, the application of analytics allows for real time analysis of data, integration of machine learning would allow the AI to learn to work on its own and to further develop the effectiveness and efficiency of the process. The potential game changing level of benefit seen in implementation of AI has led to companies like IBM and DHL working together to establish prominent presence of AI in the logistics business. Although the technology is yet to be fully industrialized, Artificial intelligence combined with automation is expected to be way of operation of the logistics companies of the future
Key Factors Considered in the Report:
Logistics and Shipping Market Research Reports
Logistics and Shipping Industry Analysis
Market Research Reports for Logistics
Logistic Market Research Report
Logistics and Transportation Market Research Reports Consulting
Logistics Business Review
Logistics and Shipping Industry Research and Market Reports
To know more, click on the link below:
Contact Us:
Ken Research 
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Tuesday, May 15, 2018

Global Logistics Market: Is Autonomous the Future of the Last Mile: Ken Research

Introduction:  The global Logistics and Shipping Industry Research and Market Reports is forecasted to be worth USD 15.5 Trillion by the year 2023 with a CAGR of 7.5% for the period 2015-2024 and is forecasted to grow by volume with a CAGR of 6% for the same period. The introduction of ecommerce and express delivery coupled with the recent explosive growth in online industrial sales has led to a massive growth in the logistics sector. Although logistics is a high cost field, the major factor behind the cost is the cost of last mile delivery. Last mile delivery, on average accounts for 50% of the total cost of delivering a parcel. The last mile delivery is the biggest cost factor when considering the delivery of a parcel owing to high transportation costs leading to a significant amount of goods having a transportation cost higher than manufacturing cost. The increasing need for an effective last mile delivery option has led to the introductory integration of autonomous technology into the logistics sector.
The Technology : The integration of autonomous trucks and automated factories is an evolving trend in the logistics sector with many companies still using a high amount of manual labor for warehousing and logistics services. Although automated logistics is a long term solution which will have a while before implementation the recent trend in the logistics sector is the usage of Drones for last mile delivery. The concept which is driven majorly by an initiative for easier delivery and minimum costs by companies like Amazon, spearheaded by Jeff Bezos himself has been emerging to be the major solution to the high cost of last mile delivery. Approx. 90% of packages that require to be delivered are capable of being delivered via drones and future estimates predict that only 2% of packages will be delivered manually via bike messengers for express delivery. The Amazon prime air initiative expects that the drones would be capable of delivering a parcel 30 min within placement of an order owing to the drones being capable of travelling at speeds of up to 60 mph. A critical bottleneck currently being that the range of the drones is within a radius of 7.5 miles leading to any greater distance not being currently possible but the proximity is expected to improve with time. An increasing number of startups have begun focusing on implementing autonomous cars as well attempting to deliver higher payload packages with minimum effort using specially designed spatial navigation algorithms to help the vehicles track and plan the routes independently. The increasing emergence of the unmanned aerial vehicle segment has led to the Drone and unmanned aerial bot market to grow rapidly with the market for drones to be worth USD 17 billion by the year 2024. The market growth has led to increased participation with major aerospace companies looking to have their own autonomous electric aerial vehicle such as the Boeing CAV Prototype which was made public in January 2018. Aside from implementing UAV’s, As of March 2018, Amazon made public their patent, for integration of Drone technology and Autonomous trucks aiming to showcase the extent to which the e commerce company homes to automate the process of logistics and transportation. Market estimates believe autonomous vehicles will be making 80% of all deliveries by 2025. The impact that Autonomous cars have in this sector is also major with companies like Nuro investing around USD 1.5 million into their self driving cars used for last mile delivery. 
Opportunity: The growing need for last mile delivery technology has emerged as the biggest need in the logistics sector as well as one of  the major commercial areas  for the application of Autonomous vehicles. The competition is virtually nonexistent with heavy research and development costs and high innovation cycles antiquating technology faster than ever before. Companies like Nuro, Amazon Air, Starship technologies and more are working towards pioneering UAV based drone delivery with lower requirement for energy as energy requirements for drones become the biggest challenge towards implementing drone based last mile delivery at scale with the second major obstacle being the network proximity owing to high initial capital costs 
Major Markets: Rapid evolution of the market is prominent in the US and in European regions with a majority of focus being in the US. A major growing application area for the implementation of drone delivery has been e commerce in China which is the major factor behind growing demand in the Asia Pacific region expected to have a CAGR of about 7.5% for the period 2017-2021
Key Factors Considered in the Report:
Logistics and Shipping Market Research Reports
Logistics and Shipping Industry Analysis
Market Research Reports for Logistics
Logistic Market Research Report
Logistics and Transportation Market Research Reports Consulting
Logistics Business Review
Logistics and Shipping Industry Research and Market Reports
To know more, click on the link below:
Contact Us:
Ken Research 
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Tuesday, May 8, 2018

European Logistics Industry to Blossom via Futuristic Transition of the Economy: Ken Research

Logistics basically refer to the business processes that include management and movement of goods and services from the point of origin to the point of consumption. It is the core segment of supply chain management and generally involves a variety of services like freight forwarding, multimodal transport via air, ship, truck, and rail. It also deals with provision of customs brokerage, warehousing and storage, tracking, and tracing of freight goods services.
According to Logistics and Shipping Market Research Reports, the Logistics market in Europe is majorly split into- Contract Logistics, Transportation, Value-added Services and Warehousing. In 2014, the European logistics market was somewhere around 960 billion Euros in valuation wherein Germans logistics market accounted for the highest share, with a market size of about 235 billion Euros. The leading market players since then namely involve DB Schenker Logistics, Deutsche Post DHL, Kuehne+Nagel International AG and SNCF Geodis while some other prominent vendors in the industry also include ACP Freight Services, Agility, Alkomtrans, APL Logistics, AWT Group, Baltic Rail, and BDP International. These players have come a long way and have thereby managed to record much higher revenues as compared to what was generated in 2014 and even, the existing trends are all set to ameliorate in the years to proceed where all these players are foreseen to register massive revenues every year owing to spurring demands in the economy.
In Logistic Market Research Report, it has been discovered that there has been a rise in the overall demand for European Automotive and Auto Components Industries which in turn have led to a positive impact on the logistics of the continent. Also, the statistics have depicted a healthy increase in Logistics Outsourcing being implemented in the economy and furthermore, with developing numbers of outsourced operations in the future; the industry is expected to flourish beautifully and relish ever growing demands owing to the success rates that will continue surging due to increased efficiency and effectiveness.
Besides that, escalating innovations in technology have evidently marked their presence in our daily lives and logistics and supply chain industries are being impacted by all new technological upgradations and system changes, more than ever. Over time, the dynamism of globalization has transformed the logistics chain completely making it much more complex to be managed. Thus, the need for advanced IT solutions has arisen to cope up with the changing environment. Nowadays, several solutions have been proposed that have the ability to produce more traceability, visibility and transparency of orders and hence, the transport and logistics industry in Europe is anticipated to keep on developing. Even, the number of consumers who buy online has multiplied, over the years and associated to this; the innovative technology has now made it possible for the consumers to track their orders more easily. Tracking has showcased a growth in its importance and thus, most of the biggest companies have already started with the implementation of alert systems, which can inform the customers about the status of their orders.
Geographically, as per Logistics and Shipping Industry Analysis, it has been witnessed that imports and exports to Asia have prevailed significantly. This tendency has resulted in augmenting fragmentation in the orders today and consequently, an increase in the imports and exports of Europe has also been observed. In Europe, Germany has sustained its position and has been the largest occupier market in Europe owing to its resilient manufacturing activities and increasing demands from logistics providers. For the third year in a row, the German market yet again managed to reach the mark of 2.5 million m² threshold of transaction of warehouses taken up in mid-year 2017.  While during the same time, in France, demand for logistics premises remained robust to reach 1.56 million m² taken up; in the UK, the manufacturing sector reckoned for the largest share of take-up boosted mainly by the automotive sector since some key transactions took place at the outskirts of Birmingham; in  Spain, take-up amplified by more than 84% to reach over 660,000 m² ; and in the Czech Republic and Poland, e-commerce and distribution for retailers were observed to be the major demand drivers contributing to the holistic market growth. Cumulatively, the logistics market of this continent has boosted via the support of a favorable economic backdrop that has successfully been able to trigger exports, retail sales and associated consumer expenditure. These trends are further projected to show affirmative improvements in the long run.
According to the Logistics research report, the sales of major portfolios in Germany have managed to generate tremendous volumes of investments lately and further, the expectations across Europe in the forthcoming years point towards a good return particularly to the more average level of investments. Latest trends have depicted that Spain and the South Netherlands have recorded the highest growth in this continent in this quarter and the retail and e-commerce is all set to contribute largely to market growth in most European countries. Also, many acquisitions and alliances in the logistics and transport industry have been seen and are further expected to evolve rapidly while at the same time; major shipping companies are noticed as investing more and more in larger vessels such that the ultimate operational costs are reduced.
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Related Reports:
Contact Us:
Ken Research 
Ankur Gupta, Head Marketing & Communications
+91-9015378249