Navigant Research Report Shows Global Annual Sales of Advanced Logistics Vehicles Expected to Rise at a Compound Annual Growth Rate of Nearly 30%
BOULDER, Colo.--(BUSINESS WIRE)--Oct 30, 2019--
A new report from Navigant Research provides global market forecasts of advanced logistics technologies, segmented by region and technology type, through 2030.
Delivering commercial goods to customers in urban areas has become expensive, polluting, and logistically difficult. As a result, suppliers in the transport and logistics ecosystem are developing and deploying innovative technologies to make shipping more flexible, efficient, and sustainable as it grows, and as online shopping rates increase. Click to tweet: According to a new report from @NavigantRSRCH, annual sales of advanced logistics vehicles are expected to grow at a compound annual growth rate of 29.7% through 2030.
“The next wave of disruption in commercial freight is likely to come from electric and automated commercial vehicles, delivery drones and robots, artificial intelligence, and blockchain,” says Ryan Citron, senior research analyst with Navigant Research. “Together, these technologies have the potential to revolutionize the way goods are transported through lower costs and improved speed and sustainability of delivery.”
Although many of the technologies needed for logistics industry disruption are maturing, significant barriers exist on the pathway to scalability. High upfront technology costs, consumer acceptance of new technologies, and regulations are among the largest barriers in the industry. Without major changes to existing regulatory frameworks, for example, it is unclear how technologies like delivery drones or automated commercial vehicles (ACVs) can have a path forward to widespread market adoption.
The report, Transport and Logistics Innovations Overview, provides an analysis of the ongoing transformation occurring in the transport and logistics industry, with a focus on ACVs, electric trucks, robotic and drone-based deliveries, smart logistics platforms, artificial intelligence (AI) and data analytics, and blockchain. The study also examines the dynamic supplier ecosystem. Global market forecasts of advanced logistics technologies, segmented by region and technology type, are included for 2019-2030. An Executive Summary of the report is available for free download on the Navigant Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Navigant – A Guidehouse company, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of clean, intelligent, mobile, and distributed energy. Additional information about Navigant Research can be found at www.navigantresearch.com.
Guidehouse is a leading global provider of consulting services to the public and commercial markets with broad capabilities in management, technology, and risk consulting. We help clients address their toughest challenges with a focus on markets and clients facing transformational change, technology-driven innovation and significant regulatory pressure. Across a range of advisory, consulting, outsourcing, and technology/analytics services, we help clients create scalable, innovative solutions that prepare them for future growth and success. Headquartered in Washington DC, the company has more than 7,000 professionals in more than 50 locations. Guidehouse is led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets and agenda-setting issues driving national and global economies. For more information, please visit: www.guidehouse.com.
* The information contained in this press release concerning the report, Transport and Logistics Innovations Overview ,is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant – a Guidehouse company undertakes any obligation to update any of the information contained in this press release or the report.
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CONTACT: Lindsay Funicello-Paul
KEYWORD: COLORADO UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: AUTOMOTIVE MANUFACTURING OTHER TRANSPORT TRUCKING FLEET MANAGEMENT MANUFACTURING TRANSPORT AUTOMOTIVE OTHER TECHNOLOGY SOFTWARE DATA MANAGEMENT LOGISTICS/SUPPLY CHAIN MANAGEMENT TECHNOLOGY UTILITIES ALTERNATIVE ENERGY ENERGY OTHER AUTOMOTIVE GENERAL AUTOMOTIVE PERFORMANCE & SPECIAL INTEREST
SOURCE: Navigant Research
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PUB: 10/30/2019 05:15 AM/DISC: 10/30/2019 05:15 AM