The High-tech Logistics Market is Predict to reach USD 95.2 Billion by 2031, at a CAGR of 11.6%

High-tech Logistics Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global High-tech Logistics Market size is expected to reach $95.2 billion by 2031, rising at a market growth of 11.6% CAGR during the forecast period.

High-tech logistics solutions, such as blockchain and Internet of Things (IoT), provide the transparency and traceability needed to track goods at every stage of the supply chain. Blockchain technology, for instance, enables secure and immutable record-keeping of transactions, ensuring that all parties involved have access to accurate and up-to-date information. This enhances the overall efficacy of the supply chain and mitigates the risk of fraud, errors, and delays.

The Transportation segment captured the maximum revenue in the Global High-tech Logistics Market by Service in 2023, thereby, achieving a market value of $32.6 billion by 2031. The segment's growth is largely due to the increasing demand for efficient delivery solutions across e-commerce, manufacturing, and other industries. High-tech solutions such as autonomous vehicles, AI-driven route optimization, and real-time shipment tracking have become critical for streamlining transportation services.

The Semiconductor Industry segment is growing at a CAGR of 10.3 % during the forecast period. This was driven by the increasing global demand for microchips, processors, and other critical semiconductor components used in consumer electronics, automotive technology, and industrial equipment. The complexity and precision required in handling and transporting these sensitive materials further boosted the need for advanced logistics solutions, such as temperature-controlled environments and real-time tracking systems.

Full Report: https://www.kbvresearch.com/high-tech-logistics-market/

The North America region dominated the Global High-tech Logistics Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $34.1 billion by 2031. The Europe region is anticipated to grow at a CAGR of 11.2% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 12.2% during (2024 - 2031).

List of Key Companies Profiled

• C.H. Robinson Worldwide, Inc.
• FedEx Corporation
• DP World Logistics FZE (SeaRates)
• Deutsche Post DHL Group (The Deutsche Post AG)
• Deutsche Bahn AG (DB Schenker)
• P. Moller - Maersk A/S
• Burris Logistics
• Wings Logistics Canada, Inc.
• Cosco Shipping Lines Co. Ltd.
• Broekman Logistics

High-tech Logistics Market Report Segmentation

By Service

• Transportation
• Warehousing & Storage
• Inventory Management
• Distribution & Fulfillment

By Industry

• Semiconductor Industry
• Consumer Electronics
• Medical Devices
• Telecommunications Equipment
• Aerospace & Defense Technologies

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America High-tech Logistics Market Size & Share 2031

• October-2024
• 106 Pages

LAMEA High-tech Logistics Market Size & Forecast | 2031

• October-2024
• 113 Pages

Europe High-tech Logistics Market Size & Share by 2031

• October-2024
• 114 Pages

Asia Pacific High-tech Logistics Market Size, Analysis 2031

• October-2024
• 115 Pages