Conveyor System Market worth USD 12.7 billion by 2027
The global conveyor system market size is projected to reach USD 12.7 billion by 2027, from an estimated value of USD 9.4 billion in 2022, at a CAGR of 6.0%. Higher adoption of automation processes in various end-use industries and rising demand for handling larger volumes of goods are the driving factors that are expected to boost the conveyor system market. The constant R&D efforts...
Electric Utility Vehicle Market Size, Share, Growth, Trends, Report 2027
The electric utility vehicle market is projected to grow from USD 18.9 billion in 2022 to USD 23.9 billion by 2027, registering a CAGR of 4.8%. Electric all-terrain vehicles (ATVs), utility task vehicles (UTVs), utility carts, shuttle carts, and industrial utility vehicles were mapped as part of this research. Growing demand for low-emission alternatives to off-road vehicles (e.g., ATVs...
Macro to Micro Growth Factors for the Smart Ports Market
The global smart port market is primarily being driven by increasing international maritime trade activities and real-time geospatial data to improve port operations across all ports. A smart port is a port that is equipped with multiple technologies, such as the Internet of Things (IoT), blockchain, and artificial intelligence (AI), which helps its operators and users in improving some or many operations...
Smart Port Market Size, Share & Trends Analysis Report to 2027
The global smart port market is projected to reach USD 5.7 billion by 2027 from an estimated USD 1.9 billion in 2022, at a CAGR of 24.3% during the forecast period. The global smart port market is primarily being driven by increasing international maritime trade activities and real-time geospatial data to improve port operations across all ports. A smart port is a port that is equipped with multiple...
Trade Management Market Size, Share and Global Market Forecast to 2026 : MarketsandMarkets
According to a market research report “Trade Management Market by Component (Solutions and
Services), Deployment Type (On-Premises and Cloud), Organization Size, Vertical
(Transportation and Logistics, Government and Public, Healthcare and Life
Sciences), and Region – Global Forecast to 2026″, published
by MarketsandMarkets™, the global Trade Management Market...
Supply Chain Management Market Size, Share and Global Market Forecast to 2026 | MarketsandMarkets
According to market research report on “Supply Chain Management Market by Component (Hardware (Barcode and
Barcode Scanners and RFID Tags and Readers), Software, and Services),
Deployment Mode (Cloud and On-premises), Organization Size, Vertical, and
Region – Global Forecast to 2026″, published by
MarketsandMarkets™, the Supply Chain Management Marketsize to grow from...
Hyperloop Technology Market by Components (Capsule, Tube, and Propulsion system) worth 6.34 Billion USD by 2026
The Hyperloop technology market is expected to grow from USD 1.3 billion in 2022 to USD 6.3 billion by 2026, at a CAGR of 47.2%. Reduced travel time and transportation cost, less expensive and minimum infrastructural maintenance, and less land area required to construct a Hyperloop network than other transport modes are some of the major driving factors for the market’s growth during the forecast...
The Future is Bright for Logistics Automation Market
The exponential growth of the e-commerce industry, advancement in robotics, and the emergence of IoT are key factors contributing to the growth of the logistics automation market.
Autonomous vehicles and drones play a vital role in automating logistics processes. Companies such as Google and Tesla have made significant advances in driverless vehicle technologies.
The future of logistics will include...