Last Mile Delivery Market to Grow at 16.7% CAGR to Reach US$ 7.69 Bn by 2027 Led by Key Players CEVA Logistics AG, DB Schenker, DHL, DSV A/S, FedEx Corporation, GEODIS, Kuehne + Nagel International AG, Nippon Express
The reports cover key developments in the Last Mile Delivery Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Last Mile Delivery Market are anticipated to lucrative growth opportunities in the future with the rising demand for Last Mile Delivery Market in the global market.
Some of the key players operating in the last mile delivery market are CEVA Logistics AG, DB Schenker (Deutsche Bahn AG), DHL (Deutsche Post AG), DSV A/S, FedEx Corporation, GEODIS, Kuehne + Nagel International AG, Nippon Express Co., Ltd., XPO Logistics, Inc., and United Parcel Service, Inc.
Ask for a Sample of this Report Now at: https://www.theinsightpartners.com/sample/TIPRE00004153/?OPr-SNJ
In 2018, North America was accounted for the largest share in the last mile delivery market, and the Asia Pacific is expected to be the fastest growing region in the last mile delivery market. The market is experiencing steady growth with regards to the research and development activities, product innovations, investments, and technological integrations, and deployment in the current scenario and is anticipated to rise exponentially in the coming years. The market consists of some well-established players across the globe that cater highly advanced technologies. The benefits of last-mile deliveries, which attracted parcel delivery and e-commerce players include reduced roadway congestion, improved safety, optimized route flexibility, reduced greenhouse gas emission, and overnight or one-day delivery. These factors are anticipated to propel the growth of last mile delivery market.
The study provides an in-depth analysis of the global Last Mile Delivery Market to elucidate the prominent investment pockets.
Current trends and future estimations are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.
The report provides information related to key drivers, restraints, and opportunities and their impact analysis.
The market is analyzed based on various regions, namely, North America, Europe, Asia-Pacific, and LAMEA.
In recent years, last mile delivery market has observed different product launch, partnership, as well as inauguration of new facilities which would help the players to grow in the market. For instance, in 2019, FedEx Express has opened a new state-of-the-art ramp operation facility at Luis Muñoz Marin International Airport (SJU) in Carolina, Puerto Rico. The new facility is part of the company’s strategy to increase its operational efficiency and meet its growing customer demands. Another initiative with respect to new product launch is undertaken by FedEx Corporation. In this, in 2019, FedEx has developed an autonomous battery-powered delivery robot to enable same-day last-mile deliveries. The FedEx SameDay Bot travels along roadsides and on sidewalks to deliver all the small shipments to its end users.
The logistics industry is booming in the North America region. The global and regional trade network such as NAFTA (North America free trade agreement) between USE, Mexico and Canada have highly increased the trade between these countries, and as a result of this, the player in the logistics and supply chain industries have increased. Apart from this, these countries are also a member of the World Trade Organization (WTO) whose primary objective is to increase trade between the member countries across the world. Furthermore, the US currently holds the largest last mile delivery market share; however, Canada is expected to emerge as the fastest growing region in the near future. Increase in an inclination of manufacturers to develop paperless work along with a rise in adoption of just-in-time trucking for e-commerce companies is boosting the market for last mile delivery in the US.
Inquiry for Discount: https://www.theinsightpartners.com/discount/TIPRE00004153/?OPr-SNJ
GLOBAL LAST MILE DELIVERY MARKET SEGMENTATION
Global Last Mile Delivery Market – By Technology
• Autonomous Ground Vehicles
Global Last Mile Delivery Market - By Type
Global Last Mile Delivery Market - By Application
• 3C Products
• Fresh Products
Global Last Mile Delivery Market - By Geography
• North America
o Rest of Europe
• Asia Pacific (APAC)
o South Korea
o Rest of APAC
• Middle East & Africa
o South Africa
o Saudi Arabia
o Rest of Middle East and Africa
• South America
o Rest of South America
Place a Purchase Order at: https://www.theinsightpartners.com/buy/TIPRE00004153/?OPr-SNJ
The Insight partners,
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.
We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Last Mile Delivery Market to Grow at 16.7% CAGR to Reach US$ 7.69 Bn by 2027 Led by Key Players CEVA Logistics AG, DB Schenker, DHL, DSV A/S, FedEx Corporation, GEODIS, Kuehne + Nagel International AG, Nippon Express here
News-ID: 1802699 • Views: 445
More Releases from The Insight Partners
Virology Market (Impact of Covid-19) With Leading Players like Abbott, Johnson a …
An off-the-shelf report on Virology Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical
Nebulizers Market Size Thriving Worldwide- Demand and Analysis 2020-2027 | PARI, …
The "Global Nebulizers Market Analysis to 2027" is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global nebulizers market with detailed market segmentation by product and end user. The global nebulizers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of
Mobile Learning Market Current Scenario with COVID-19 Impact Analysis by 2027 - …
Mobile learning (also known as M-learning) denotes to the learning process through social and content communication, using electronic equipment. Mobile learning is a form of distance learning, where mobile operators can easily access educational content on their devices at their convenience. The emergence of mobile learning has assisted learners in involving in professional as well as active learning. Mobile Learning Market Forecast to 2027 - COVID-19 Impact and Global Analysis by
Web Conferencing Market Growth Outlook to 2027 - Product Development Strategies …
Web Conferencing combines different types of online collaboration services such as webcasts, webinars, and web meetings. It is an online service through which businesses or enterprises can hold distant meetings, presentations, and conferences. Increasing globalization in the emerging economies and conglomerates setting up their offices in these countries is particularly influencing the demand for web conferencing. The Asia Pacific is expected to observe high growth for the web conferencing market
More Releases for Mile
Insurance Navy Partners With Mile Auto For Per-Mile Insurance Services
Palos Hills, Illinois- February 21, 2018- Insurance Navy, the fastest-growing insurance agency in Illinois, is expanding its insurance services by partnering with Mile Auto. Through this partnership, Insurance Navy will offer per-mile insurance coverage. This type of service is a great option for people who commute to work using rideshare services or public transportation, work from home, college students, and retirees. Mile Auto will not insure people who drive more
Cato Introduces Intelligent Last-Mile Management For SD-WAN Services
TEL AVIV, ISRAEL, November 19, 2018 /EINPresswire.com/ -- Cato Networks, the leading provider of secure, global SD-WAN as a service, introduced today intelligent last-mile management for Cato Cloud SD-WAN. Cato Intelligent Last-Mile Management (ILMM) uses continuous link profiling to detect network performance fluctuations and proactively resolve brownouts or blackouts in access lines. “Network access is the lifeblood of today’s business but maintaining that access depends on much more than simple last-mile
South West Logistics Inc. Will Go the Final Mile
South West Logistics provides transportation and warehousing to the Hospital and High Value equipment industry. This type of transportation is known as a final mile delivery. Despite the name, Final Mile delivery is a very involved process that includes many steps: Delivery, such as warehouse intake and inventory checks in order to ensure all products arrived intact. Our top notch dispatch team schedules and arranges the deliveries and personally addresses any special
Belarus’ CEC goes extra mile to keep ballot papers safe
MINSK, 30 November (BelTA) – The Central Election Commission of Belarus has taken additional measures to keep ballot papers safe. The measures are laid down by an addendum to early voting guidelines. The addendum was approved at the session of the Central Election Commission of Belarus on 30 November. CEC member Nadezhda Kiseleva reminded that measures had been taken to enable open and transparent early voting in line with this year’s
CASL Leader Charlie Slagle Challenges Participants to One-Mile Race
RALEIGH, N.C. (September 2, 2010) — For a second consecutive year, Charlie Slagle, CEO of the Capital Area Soccer League (caslnc.com), is challenging CASL players, coaches and families to “Beat the Old Man” during the fifth annual Magnificent Mile Race (magmilerace.com). The fundraising event will be held on September 19 in downtown Raleigh. The top five male and female CASL members who beat Slagle’s time will receive prizes and recognition
ELAND GOES EXTRA MILE FOR BUS CUSTOMERS
Great service comes from acting on, not just listening to customer comments. That’s the message from Eland Cables following the recent arrival of Profibus DP and PA to its ever-increasing product portfolio. Interest in the Profibus range has grown over the last few years as contractors have looked to improve the efficiency of their industrial installations. One Profibus Cable can do the job of multicore and multipair cables by