Energy Logistics Market Research and Trends Analysis Identifying Market Opportunities and Risks 2031 | DSV, Logistics Plus Inc, Hellmann Worldwide Logistics

Energy Logistics Market Report

The global energy logistics market generated a revenue of approximately US$ 352.5 billion in 2021 and is projected to reach US$ 1,384.6 billion by 2031, growing at a compound annual growth rate (CAGR) of 14.7% during the forecast period from 2022 to 2031. Energy logistics involves the efficient organization and transportation of resources such as tools, inventories, liquids, and materials to meet the needs of customers.

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Factors Influencing Market Growth:
1. Trade-Related Agreements and Tech-Driven Services: Increasing trade-related agreements, the adoption of technology-driven energy logistics services, and the rise of IoT-enabled connected devices are driving market growth. These factors enhance efficiency, visibility, and cost-effectiveness in energy logistics operations.

2. Last-Mile Deliveries and Logistics Automation: The emergence of last-mile deliveries, coupled with logistics automation, has created new opportunities for major players in the market. These advancements enhance productivity, worker safety, and customer satisfaction, contributing to market growth.

3. Rise in Oil and Gas Transportation: The increasing usage of oil and gas transportation is a prominent trend in the market. The demand for efficient and secure transportation of these energy resources drives the growth of energy logistics.

4. Infrastructure Limitations and Logistics Costs: Inadequate infrastructure, high logistics costs, and limited control over logistics services by manufacturers may restrain market growth. Addressing these challenges is crucial to unlocking the full potential of the energy logistics market.

Study of the COVID-19 Pandemic:
The COVID-19 pandemic negatively impacted the energy logistics market. Government-enforced lockdowns disrupted operations, and businesses faced uncertain market conditions. The crisis affected crucial supply chains in the logistics and transportation sector, which play a vital role in supporting trade and commerce. Logistics companies have been essential in facilitating the delivery of products domestically and internationally, but the market faced challenges due to the pandemic. However, with the easing of restrictions and recovery of economic activities, the market is expected to rebound.

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Regional Insights:
LAMEA (Latin America, Middle East, and Africa) is anticipated to exhibit the highest CAGR during the forecast period. This is driven by the increasing need for economic growth, transport services, rising customer demand fueled by e-commerce, and the growth of new startups in the region.

Asia Pacific currently dominates the market in terms of revenue share. The region benefits from the easy availability of outsourced logistics services and significant government support for infrastructure expansion. The ongoing growth in local and international import-export trade further contributes to the market's growth in this region.

Leading Competitors:
Prominent competitors in the global energy logistics market include DSV, Logistics Plus Inc, Hellmann Worldwide Logistics, Phoenix Freight Systems, BYD, Kuehne + Nagel International AG, Beijing Automotive Co., Ltd, DB Schenker Logistics, Geodis, Apollo Energy Automobile Industry, C.H. Robinson, Rhenus Group, A.P. Moller - Maersk, MGF, Yusen Logistics Co., Ltd, Deutsche Post DHL, Dongfeng Motor Corporation, and others.

Segmentation Analysis:
The global energy logistics market is segmented based on application, end-user, mode of transport, and region.

Application Segmentation:
- Oil & Gas
- Renewable Energy
- Power Generation
- Energy Mining

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End-User Segmentation:
- Government Sector
- Private Sector

Mode of Transport Segmentation:
- Railways
- Airways
- Roadways
- Waterways

Region Segmentation:
- North America (The U.S., Canada, Mexico)
- Europe (Western Europe, Eastern Europe)
- Asia Pacific (China, India, Japan, Australia & New Zealand, ASEAN)
- Middle East & Africa (MEA) (

UAE, Saudi Arabia, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)

In conclusion, the global energy logistics market is poised for substantial growth, driven by factors such as trade agreements, technology-driven services, last-mile deliveries, and the rise in oil and gas transportation. The COVID-19 pandemic temporarily impacted the market, but it is expected to recover as economic activities resume. The Asia Pacific region leads the market, while LAMEA shows significant growth potential. The segmentation based on application, end-user, mode of transport, and region provides a comprehensive analysis of the market landscape.

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This release was published on openPR.