Logistics & transportation mainly in terms of cold chain and refrigerated transport is of greater significance to food & beverage industry in modern world. Cold chain, refrigerated transport can be described as uninterru ....see more
The Rolling Stock Market is expected to grow from USD 51.6 billion in 2020 to USD 64.3 billion by 2025, at a CAGR of 4.5% during the forecast period. The report analyzes all major players in the rolling stock market including CRRC (China), Siemens (Germany), Bombardier (Canada), Alstom (France), and General Electric Company (US).
The Semi-Trailer Market is expected to grow from USD 29.5 billion in 2020 to USD 41.2 billion by 2025, at a CAGR of 5.6% during the forecast period. The report analyzes all major players in the semi-trailer market including China International Marine Containers (China), Wabash National (US), Schmitz Cargobull AG (Germany), Utility Trailer Manufacturing Company (US), and Fahrzeugwerk Bernard Krone (Germany).
The global conveyor system market size is projected to reach USD 10.6 billion by 2025, at a CAGR of 3.9% during the forecasting period. Daifuku Co., Ltd. (Japan), Continental AG (Germany), Siemens AG (Germany), and Fives Group (France) are some of the leading manufacturers of conveyor system in the global market. These companies developed new products; adopted expansion strategies; undertook agreements, partnerships, and supply orders; and used acquisitions to gain traction in the conveyor system market.
The Electric Commercial Vehicle Market is expected to grow from 129 thousand units in 2020 to USD 2,026 thousand units by 2028, at a CAGR of 41.1% during the forecast period. The North American region is projected to be the fastest-growing market during the forecast period. The region is a hub to major players such as Proterra (California, U.S), Tesla (California, U.S), Workhorse Group (Ohio, U.S), Nikola Motor Company (Arizona, U.S) and Rivian (Michigan, U.S). North America is a key region for innovations; significant R&D; and technological advancements in electric vehicles, battery technologies, and charging solutions.
The COVID-19 Impact on logistics & supply chain industry market is expected to grow from USD 2,734 billion in 2020 to USD 3,215 billion in 2021 at a compound annual growth rate (CAGR) of 1.9% during the forecast period.The logistics market is dominated by global players and comprises several regional players. Some of the key players in the logistics and supply chain industry are DHL (Germany), UPS (US), FedEx (US), Kuehne+Nagel (Switzerland), CEVA Logistics (Switzerland), DB Schenker (Germany), SNCF (France), XPO Logistics (US), Kenco Group (US), and Hitachi Transport System (Japan).
The COVID-19 Impact on Ride Sharing Market is expected to grow from USD 75.39 billion in 2020 to USD 117.34 billion by 2021, at a CAGR of 55.6% during the forecast period. The ride sharing market is dominated by global players and comprises several regional players. Some of the key players in the ride sharing industry are Uber (US), Lyft (US), DiDi (China), Grab (Singapore), Gett (Israel), Ola (India), BlaBlaCar (France), Lime (US), and Herts (US).
The Automated Parking System Market is expected to grow from USD 1.3 billion in 2019 to USD 3.6 billion by 2027, at a CAGR of 13.1% during the forecast period. The automated parking system market is dominated by a few global automated parking system suppliers and comprises several regional players. Some of the key automated parking system suppliers operating in the market are Wohr (Germany), Klaus Multiparking (Germany), CityLift (the US), Westfalia Parking (Germany), Robotic Parking Systems, Inc. (US), and Unitronics Corporation (Israel).
The terminal tractor market is projected to reach USD 832 million by 2027, at a CAGR of 4.1%, during the forecast period. Some of the prominent players in the terminal tractor market are Kalmar (Finland), Konecranes (Finland), Hyster (US), Sany (China), CVS Ferrari (Italy), and Hoist Liftruck (US).
The marine lighting market is expected to grow from USD 328 million in 2019 to USD 495 million by 2027, at a compound annual growth rate (CAGR) of 5.3% during the forecast period. The key players in the marine lighting market are Signify (Netherlands), Hella (Germany), Koito (Japan), Osram (Germany), West Marine (US), Lumishore (UK), Foresti & Saurdi (Italy).
The weigh-in-motion system market is estimated to be USD 913 million in 2019 and is projected to reach USD 1,656 million by 2026, at a CAGR of 8.9%. Factors such as the growing traffic congestion, increasing public-private partnerships (PPPs) & government focus towards intelligent transportation system (ITS) and economic system compared with static weigh system are projected to drive the weigh-in-motion system market. Some of the key players in the weigh-in-motion system market are Kapsch TrafficCom (Austria), Q-Free (Norway), METTLER TOLEDO (US), Avery Weigh-Tronix (Illinois Tool Works) (US), TE Connectivity (Switzerland), International Road Dynamics (Quarterhill) (US), Kistler (Switzerland), TransCore (Roper Technologies) (US), Axis Communications (Sweden), and EFKON (Austria). Kapsch TrafficCom is anticipated to be the dominant player in the weigh-in-motion system market.
The railway system market is estimated to be USD 26.0 billion in 2019 and projected to reach USD 35.3 billion by 2025, at a CAGR of 5.2%. Increase in user preference for public transportation is projected to drive the railway system market.CRRC (China), Bombardier (Canada), Alstom (France), ABB (Switzerland), Siemens (Germany), General Electric (US), Hyundai Rotem (South Korea), Mitsubishi Heavy Industries (Japan), and Toshiba (Japan).
The global rolling stock management market is projected to grow from USD 42.8 billion in 2019 to reach USD 58.4 billion by 2025, at a CAGR of 5.32%. The rising concerns over safety, security, inspection, maintenance, and in the transport business has led to the growth of the rolling stock management market. It not only includes the fact of reducing long term cost but also mitigating the traditional methods of maintenance. Transport can be through the medium of air, road, or train but its efficiency and effect on the environment. The emerging nations support railways as a well-suited means of mass transport for passengers and freight.Bombardier (Canada), Alstom (France), General Electric (US), and Siemens (Germany).
The automotive logistics market is estimated to be USD 284.1 billion in 2018 and is projected to reach USD 472.9 billion by 2025, at a CAGR of 7.55%. Increasing vehicle production, upcoming infrastructure projects, and the advent of electric vehicles are the major reasons for market growth. The automotive logistics market is consolidated and dominated by a few global players. The key players in the market are DHL (Germany), XPO (US), SNCF (France), Kuehne + Nagel (Switzerland), and DSV (Denmark).
The overhead catenary system market is estimated to be USD 25.53 billion in 2018 and is projected to reach USD 46.94 billion by 2025, at a CAGR of 9.09% from 2018 to 2025. The overhead catenary system market for electrified track length in operation is projected to grow at a CAGR of 6.55% during the forecast period, from an estimated market size of 232.6 thousand miles in 2018 to 326.7 thousand miles by 2025. The key growth factors for the market are the expansion of high-speed rail network and electrified rail tracks for urban rail transit. The key players in the overhead catenary system market are CRRC (China), Alstom (France), Siemens (Germany), Bombardier (Canada), and NKT (Denmark).
The cargo handling equipment market is projected to reach USD 28.02 billion by 2025 from an estimated USD 21.85 billion in 2018, at a CAGR of 3.61% during the forecast period. The efforts toward cargo equipment automation, rising demand for electric and hybrid equipment to achieve lower emissions and fuel consumption, and increased demand in the Asia Pacific region are expected to drive the market for cargo handling equipment during the forecast period. The prominent players in the cargo handling equipment market are Kalmar (Finland), Konecranes (Finland), Liebherr (Switzerland), Hyster (US), Sany (China), Mitsubishi (Japan), Toyota Industries (Japan), Kion group (Germany), Macgregor (Finland), JBT corporation (US), Terex (US) and Anhui Heli (China)
The autonomous train market is estimated to be 60,078 Units in 2018 and is projected to reach 106,290 Units by 2030, at a CAGR of 4.87% from 2018 to 2030. The key growth driver for the autonomous train market is the rise in demand for safety, security, and efficient transport. The Asia Pacific region is the largest and fastest-growing market in the global autonomous train market. The market growth in the region can be attributed to the increasing infrastructural development, increase in government budget allocation on the transportation sector, and ongoing/upcoming projects in various countries. The Asia Pacific market is led by emerging countries, including China and India, where the installation of metro lines is growing at a faster pace than other countries in the region. The increased levels of automation and demand for efficient and safe mode of transportation are major factors expected to drive the market for autonomous trains.
The train lighting market was valued at USD 330.8 Million in 2017 and is projected to reach USD 370.8 Million by 2025, growing at a CAGR of 1.44% during the forecast period. This growth can be attributed to the increasing demand for comfort & luxury features in rolling stock interiors; government mandates for lighting applications; and increase in different railway projects such as metro train, high-speed train, and refurbished train. The key companies profiled in the study are Toshiba (Japan), General Electric (US), Hitachi (Japan), Koito (Japan), Federal-Mogul (US), Osram (Germany), Grupo Antolin (Spain), Dräxlmaier (Germany), and Teknoware (Finland).
The bullet train/high-speed rail market, in terms of volume, is projected to grow at a CAGR of 5.54% from 2018 to 2025. The market was valued at 3,261 Units in 2017 and is projected to reach 5,287 Units by 2025. In this study, 2017 has been considered the base year, and 2018–2025 is the forecast period, for estimating the market size of the bullet train/high-speed rail market. The key players in the bullet train/high-speed rail market include Bombardier (Canada), Alstom (France), Siemens (Germany), Hitachi (Japan), ABB (Switzerland), Talgo (Spain), CAF (Spain), Kawasaki (Japan), Toshiba (Japan), CRRC (China), and Mitsubishi (Japan).
The container handling equipment market is projected to reach USD 8.75 Billion by 2025, from an estimated USD 6.28 Billion in 2017, at a CAGR of 4.24%, during the forecast period. The shifting focus to port terminal automation, rising demand for electric and hybrid equipment for lower emissions and fuel consumption, and increased demand in Asia Pacific are expected to drive the market for container handling equipment during the forecast period. Some of the prominent players in the container handling equipment market are Kalmar (Finland), Konecranes (Finland), Liebherr (Switzerland), Hyster (US), Sany (China), ZPMC (China), Lonking (China), Anhui Heli (China), CVS Ferrari (Italy), and Hoist Liftruck (US).
The global transportation industry is focusing on decreasing greenhouse gas emissions and air pollution. Several countries are developing a rapid rail transit network to follow a sustainable path, which in turn is expected to boost the market for Train Control Systems. The Train Control and Management System Market is driven by factors such as growing population and urbanization in developing countries such as India and China and availability of high-speed communication systems. The Train Control and Management System Market was estimated to be USD 2.26 Billion in 2016 and is projected to reach USD 3.58 Billion by 2022, at a CAGR of 8.02% during the forecast period. The key players in the Train Control and Management System Market are profiled in the study. These include Bombardier Inc. (Canada), Siemens AG (Germany), Toshiba Corporation (Japan), Mitsubishi Electric Corporation (Japan), Hitachi Ltd. (Japan), Knorr-Bremse AG (Germany), ALSTOM SA (France), CAF GROUP (Spain), ABB (Switzerland), Thales Group (France), ASELSAN A.Ş (Turkey), DEUTA-WERKE GmbH (Germany), Rockwell Collins (USA), MEN Mikro Elektronik GmbH (Germany), Eke Group (Finland), Strukton Rail (Netherland), CRSC (China), HUBER+SUHNER (Denmark), Wabtec Corporation (USA), Quester Tangent (Canada), Medha Servo Drives Private Limited (India), UniControls a.s. (US), Leroy Automation (France), Amaronia Rail Ltd. (Finland), and Tech Mahindra (India).
The monorail market, in terms of value, is projected to grow at a CAGR of 2.75% from 2016 to 2021. The market is estimated to be USD 4.68 Billion in 2016, and is projected to reach 5.36 Billion by 2021. Increase in urbanization has led to increase in demand for alternative transportation which has drive the monorail system industry. The report analyzes all major players in the Monorail Market, including Bombardier Transportation (Canada), Hitachi, Ltd. (Japan), Scomi Engineering Bhd. (Malaysia), Aerobus International, Inc. (USA), Mitsubishi Heavy Industries, Ltd. (Japan), Intamin Bahntechnik (Switzerland), Urbanaut Monorail Technology (USA).
The industrial vehicles market, in terms of value, is projected to grow at a CAGR of 3.02% from 2016 to 2021. The market is estimated to be USD 25.66 Billion in 2016, and is projected to reach 29.77 Billion by 2021. The increased industrialization and setting up of warehouses to support hub and spoke model for various sectors are expected to drive the industrial vehicles market. The setting up new factories and ecommerce platform have supported the growth for global industrial vehicles market. The report analyzes all major players in the industrial vehicles market, including Toyota Industries Corporation (Japan), KION Group AG (Germany), Hyster-Yale Materials Handling, Inc. (U.S.), Crown Equipment Corporation (U.S.), and Jungheinrich AG (Germany).
The locomotive market for power conversion systems is projected to grow at a CAGR of 2.92% during the forecast period, to reach a market size of USD 4.27 Billion by 2021. A wide array of upcoming rail projects, increased urbanization, and the rising demand for public transport has led to an increase in demand for locomotives and their related power conversion systems.