Press release
Vehicle Routing and Scheduling Market is expected to reach 3090 million USD by the end of 2023
Vehicle routing and scheduling is a mature market. Fleet routing and scheduling solutions are specialized transportation management applications aimed at organizations that directly or indirectly control and manage shipping assets and resources. These tools are typically used to develop route plans that meet the delivery objectives at minimal cost/mileage based on the firm's input (such as from orders), rules and constraints. The aim is to minimize transportation costs while satisfying feasibility constraints as to when and where stops are made, what can be loaded in each vehicle, and what routes drivers can serve.
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Global Vehicle Routing and Scheduling Market: Forecast by Type / Application / Region
As the battle to win the last mile intensifies, there’s an increasing demand for vehicle routing and scheduling technologies. Whether businesses manage an in-house fleet or rely upon a third party to manage their deliveries, these tools help them optimize operations throughout the supply chain.
From the view of region, the United States has largest market share of 45.19% in the world in 2017. The Europe hold the smaller market share which account 30.44% in 2017, they will witness their faster growth in the next few years with the development of economy in these regions.
The global Vehicle Routing and Scheduling market is valued at 1880 million USD in 2017 and is expected to reach 3090 million USD by the end of 2023, growing at a CAGR of 8.6% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Vehicle Routing and Scheduling.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Global Nonferrous Metal Recycling Market:Key Players
Verizon Connect
Omnitracs
Trimble
Paragon
Descartes
BluJay
Manhattan Associates
Ortec
JDA
Oracle
Mercury Gate International
SAP
Cheetah Logistics Technology
WorkWave
Carrier Logistics
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Related Information:
United States Vehicle Routing and Scheduling Market 2018 Forecast to 2023
Europe Vehicle Routing and Scheduling Market 2018 Forecast to 2023
North America Vehicle Routing and Scheduling Market 2018 Forecast to 2023
Asia-Pacific Vehicle Routing and Scheduling Market 2018 Forecast to 2023
China Vehicle Routing and Scheduling Market 2018 Forecast to 2023
EMEA Vehicle Routing and Scheduling Market 2018 Forecast to 2023
Global Vehicle Routing and Scheduling Market 2018 Forecast to 2023
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