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Global Freight Transport Management Market 2021 Size, Share, Growth, Trends and Forecast, Business Opportunities and Future Investments

Freight Transport Management

Freight Transport Management Market” report provides strategic supports mentioned by the business specialists with market sources, amount of manufacturing cost structure, raw materials, forecasts, turnover, manufacturing outlays, latest market trends, labor cost, demands and much more. Freight Transport Management market report covers a comprehensive market structure through the globe with an in-depth study of major dynamics (Drivers, Challenges, Opportunities).  

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Key Market Trends:

Rail Freight to Account for a Significant Demand for Freight Management Solutions

– The rail freight transportation has had advantages over other modes in the areas of environmental performance, land use, energy consumption, and safety. Therefore, with the increased preference, the rail logistics environment has got complex and difficult to navigate, and companies need both rail cargo industry experience and information technology systems to manage them.
– This has resulted in the advent of a wide range of rail freight transportation management solutions, specifically designed for small freight trains, intermodal lines, and private factory rails that are challenged by the increasing operational complexity and a growing need to automate and/or streamline processes. The companies, such as DXC Technology and Goal Systems are inclining their product portfolio according to these needs.
– Moreover, the higher demand for rail freight transports will be the primary growth enabler for the market, specifically in the OECD countries. Owing to this, the rail freight transport management solutions are expected to witness a considerable growth over the forecast period.

North America is Expected to Hold a Major Share in Market

– The is estimated to make a major contribution in the region. The share is attributed to the rise in the retail sector due to many firms moving toward the online channel. With an advancement of technology in IT and cloud computing sector, the is continuously growing in the freight transport business.
– With globalization, owing to the growing digitalization and increasing adoption of Internet of Things (IoT) by various industries, the North American freight transport management solution market picked up momentum, especially in the United States. The road freight transportation market in North America is one of the matured markets in the world.
– Almost 70% of the freight movement (in tonnage) in the is done by trucks and is expected to increase by 45% by 2040, requiring additional highways, railroads, ports, and pipelines and improvements to multi-modal connections that move freight efficiently, according to the US Department of Transportation.
– With an advancement of technology in the IT and cloud computing sector, the is continuously growing in the freight transport business.

Market Overview:

  • The freight transport management market is expected to register a CAGR of 9.8 % during the forecast period (2019 – 2024). Intermodal transportation is an emerging trend in the market which uses more than one mode of transportation. Due to globalization, companies are trading at the international level which requires safer, more flexible, and high capacity transportation options.
  • – Improved operational efficiency in the movement of freight is a critical aspect of any country‚Äôs economy. The demand for goods and services is increasing, with the increase in population and globalization. To overcome various environmental concerns and security aspects of their operations, many shipping companies are opting for freight transport management solutions.
  • – Technological advancements have led to innovative ways of conceptualizing the process along with the development of new efficiencies. In the rising sectors, the emergence of information networks with quick contacts and transaction times along with more reliable shipments is projected to drive the freight transport market growth.
  • – A challenge for the freight transport market growth is the high complexity and inefficiency of shipping and delivering goods and controlling cost. Furthermore, the risk associated with cross border transportation is projected to restrain the growth of the freight transport market.

    Key Manufacturers Like 

  • JDA Software
  • Manhattan Associates
  • CTSI
  • Global
  • Accenture PLC
  • Descartes Systems Group Inc.
  • DSV A/S
  • HighJump
  • CEVA Logistics
  • DB Schenker
  • Geodis.

    Scope of the Report:

  • Freight transport management is the physical process of transporting commodities and merchandise goods and cargo by land, sea, or air. With mobility solution which is making rapid inroads into the logistics industry, the traditional landscape of the manual processes is getting replaced with automation impacting the standardized processes and workflows. Moreover, proper sharing and integration of data will substitute for full-scale control in the market.

    Freight Transport Management market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Freight Transport Management market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Freight Transport Management market have also been involved in the study.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

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    Key Questions Answered in Market Report: –

    • What will the market growth rate, Overview and Analysis by Type of Freight Transport Management market in 2023?
    • What are the key factors driving, Analysis by Applications and Countries Freight Transport Management market?
    • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Freight Transport Management ?
    • Who are Opportunities, Risk and Driving Force of Freight Transport Management market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
    • Who are the opportunities and threats faced by the vendors in Freight Transport Management space? Business Overview by Type, Applications, Gross Margin and Market Share
    • What are the Freight Transport Management market opportunities, market risk and market overview of the Market?

    Lastly, the Global Freight Transport Management Market Research covers a complete market structure across the world with a comprehensive analysis of major key factors. This report provides planned orientations referred by the industry experts.

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    Study objectives of Freight Transport Management Market Report:

    • To provide a detailed analysis of the market structure along with the Freight Transport Management market forecast of various segments and sub-segments of the Freight Transport Management market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Freight Transport Management market trends that influence the global Freight Transport Management market

    Detailed TOC of Freight Transport Management Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Rising Freight Transportation due to Increasing International Trade
    4.3.2 Inclination of Growth toward Information Technology
    4.4 Market Restraints
    4.4.1 High Capital Investment due to Implementation of New Technologies
    4.4.2 Risk and Congestion Associated with Trade Routes
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Forces Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Solution
    5.1.1 Freight Transportation Cost Management
    5.1.2 Freight Security and Monitoring System
    5.1.3 Freight Mobility Solution
    5.1.4 Warehouse Management System
    5.1.5 Freight 3PL Solutions
    5.1.6 Other Solutions
    5.2 By Deployment
    5.2.1 Cloud
    5.2.2 On-premise
    5.3 By Mode of Transport
    5.3.1 Rail Freight
    5.3.2 Road Freight
    5.3.3 Waterborne Freight
    5.3.4 Air Freight
    5.4 By End User
    5.4.1 Aerospace and Defense
    5.4.2 Automotive
    5.4.3 Oil and Gas
    5.4.4 Consumer and Retail
    5.4.5 Energy and Power
    5.4.6 Other End Users
    5.5 Geography
    5.5.1 North America
    5.5.2 Europe
    5.5.3 Asia-Pacific
    5.5.4 South America
    5.5.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 JDA Software
    6.1.2 Manhattan Associates
    6.1.3 CTSI – Global
    6.1.4 Accenture PLC
    6.1.5 Descartes Systems Group Inc.
    6.1.6 DSV A/S
    6.1.7 HighJump
    6.1.8 CEVA Logistics
    6.1.9 DB Schenker
    6.1.10 Geodis

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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