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Freight Transport Management Market 2019: Comprehensive Analysis by Top Key Companies, Industry Growth, Size, Share, Market Insights, Sales Volume and Forecast to 2024

Freight

The “Freight Transport Management Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Freight Transport Management industry. The information available in the Freight Transport Management market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Freight Transport Management market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Freight Transport Management Market:

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

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    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’s 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.

    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.

    Reasons for Buying Freight Transport Management Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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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 United States 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 United States 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 United States 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 United States is continuously growing in the freight transport business.

    Freight Transport Management Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    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

     

    Contact Us:

    Name: Ajay More

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