Thursday, August 6, 2020

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Car Rental Market to Reach $214.04 Billion by 2027 | Key Companies, Avis Budget Group, Europcar, Sixt Rent a Car, Localiza, Eco Rent a Car, Alamo

by on August 06, 2020
Allied Market Research recently published a report, "Car Rental Market by Application (Leisure and Commercial), Rental Category (On Airport and Off airport), and Vehicle Type (Luxury car, Executive car, Economical car, Sports Utility Vehicle (SUV), and Multi Utility Vehicle (MUV)): Global Opportunity Analysis and Industry Forecast, 2020–2027". According to the report, the global car rental industry was pegged at $92.92 billion in 2019, and is projected to reach $214.04 billion by 2027, growing at a CAGR of 10.7% from 2020 to 2027.

car Rental

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Market players have been introducing various attractive and innovative offers to attract customers. From introducing new loyalty programs to offering discounts and gift cards, various offers and schemes have been launched. Moreover, the technology platform is launched for facilitating the post-accident process and improve collaboration between customers and all the parties involved. The players have formed partnerships with other players to gain strong position with its innovative offerings. The car rental industry would take a leap in coming few years with commitment of market players to launch innovative schemes. According to the research report by 

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The car rental providers have been introducing various programs to retain customers and gain loyalty. One of the leading providers Silvercar had launched a loyalty program. The car rental provider, that only rents Audis, had launched Premium Rewards, a revenue-based loyalty program. This program offers passengers one point per dollar paid for rental of vehicles. These points can be utilized later for gaining 5% discounts or full credit. The value of each point had not been stated by the company. The arch rivals of the company including Avis, National, Hertz, and others already have loyalty programs. So, in order to compete in the market, Silvercar needed the program with basic offerings to maintain the user base and attract new customers. As Audis have been used for rentals, Silvercar launched a program that offer seven days of free rental with the company for customers who buy an Audi. This new loyalty program will offer another reason for customers to stick with the company.  

Along with attracting new customers and maintaining loyal customer base, car rental providers have been working on facilitating the post-accident process. Enterprise Holdings launched Entegral, a software solution for streamlining of post-accident process for helping service providers collaborate with their customers to get vehicle back on track. The technology solution, known as ARMS® Business Solutions (ABS), facilitates collaboration between repair shops, insurance providers, and other associated professionals. Joe Rector, the Assistant Vice President for Entegral, outlined that its platform intends to simplify the complex process of insurance claims. He added that the new name highlights the spirit of technology, serving as a combination of strength of Enterprise, the company’s role in the industry, and the integrity it intends to bring for each customer and partner. The platform will be used by nearly 50 insurance providers, manufacturers, and collision network sponsors in Canada, the U.S., the U.K., and Ireland. Dan Wessel, the Vice President for Entegral, highlighted that the company remains committed to securing the privacy of collision repair data while providing open access to data to all the parties involved.

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Some of the players have joined hands with other players to offer services for attracting customers with innovative offers. Hype, a luxury car rental company collaborated with CRED for offering discounts and gift cards for GoHype customers. Moreover, the company would provide gift cards of worth Rs. 5,000 for CRED users who book cars from Hype. Raghav Belavadi, the Founder & CEO of Hype Car Rental, outlined this partnership is extension of ideology of organizations, ‘Luxury Moves You, Literally’. This partnership would help Hype in gaining more customers and loyalty of current customers. 

Major market players

  1. Avis Budget Group, Inc
  2. Enterprise Holdings, Inc.
  3. EuropeCar
  4. Localiza
  5. Hertz System, Inc.
  6. Carzonrent India Pvt Ltd.
  7. Sixt
  8. ANI Technologies Pvt. Ltd.
  9. Eco Rent a Car

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Tuesday, July 14, 2020

Platform Screen Door System  Market Technological Innovation, Covid-19 Trends & Top Players

by on July 14, 2020
According to the report published by Allied Market Research, the global platform screen door system market generated $630.00 million in 2017, and is estimated to reach $1.01 billion by 2026, registering a CAGR of 5.2% from 2020 to 2026. The report offers an extensive analysis of changing market trends, key winning strategies, business performance, top impacting factors, and competitive scenario.


Increase in focus on public safety and improved transport infrastructure & security system drive the growth of the global platform screen door system market. However, high initial investment and refurbishment of currently deployed safety system hinder the market growth. On the other hand, increase in demand for safe, secure, and efficient systems along with development in transportation infrastructure in developing nation create new opportunities in the coming years.

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Covid-19 Scenario:

• The demand for platform screen door system will be reduced for few months of coronavirus pandemic due to the operational halt in the transport sector.
• During the pandemic, the platform screen door system has been proved useful to avoid physical contacts with doors and control the transmission at metro stations, airports, and bus stop.
• However, the manufacturing activities have been halted by manufacturers due to the restrictions by the governments during the global lockdown.


The report offers a detailed segmentation of the global platform screen door system market based on product type, application, and region.


Based on product type, the full height segment contributed to the largest share in 2017, accounting for more than half of the total share, and is estimated to maintain its dominant position during the forecast period. However, the half height segment is expected to register the highest CAGR of 6.6% from 2020 to 2026.

Based on application, the metro segment accounted for the largest share in 2017, holding more than four-fifths of the total share, and is expected to maintain the largest share throughout the forecast period. However, the airport segment is estimated to portray the highest CAGR of 8.5% during the forecast period.

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Based on region, Asia-Pacific contributed the highest share, accounting for nearly half of the total market share in 2017, and will maintain its dominance throughout the forecast period. However, LAMEA is expected to grow at the highest CAGR of 7.0% from 2020 to 2026.


Leading market players analyzed in the platform screen door system market research include Faiveley Transport, Gilgen Door Systems AG., Fangda Group, Horton Automatics, Panasonic Corporation, Manusa, Shanghai Jiacheng Railway International, Toshi Automatic Systems Pvt. Ltd., Stanley Access Technologies LLC., and Westinghouse Electric Corpora.


Platform Screen Door System Market to Garner $1.01 Billion by 2026: AMR

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Global Railway System Market is Expected to Reach $37.36 billion by 2026

by on July 14, 2020

Railway system is one of the crucial parts of the country’s transport, and making it sustainable, smart, and efficient has been the focus of the governments. It has been realized that modernization, digitization, and industrialization are important aspects for achieving the efficiency and reliability. Moreover, climate objectives are vital while designing an entire railway system. 


The efforts have been taken in the direction to achieve the targets. However, the Covid-19 pandemic brought a huge loss in terms of efficiency and finance. Some of the experts think that this pandemic presented an opportunity. The railway system became the most relevant mode of transportation during the pandemic for cross-border cargo movement. The growth of the railway system market would be achieved if necessary measures are taken. According to the report published by Allied Market Research, the global railway system market is expected to reach $37.36 billion by 2026. Different associations and governments have devised a vision for the railway system to make it reliable, sustainable, and smart despite the hit by Covid-19 pandemic. 
Sustainability at the heart:

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Sustainability becomes the focus of the long-term strategy for development of railway systems. To meet the climate objectives, the major part of funds allocated by the European Commission would be invested in the decarbonization of the transport. The European rail sector is focused on achieving the smart and sustainable mobility. It has been devising a strategy that complies with the EU Green Deal. Libor Lochman, the Executive Director at the Community of European Railway and Infrastructure Companies (CER), outlined that the railway sector must be encouraged to play a crucial role of becoming the backbone of digitalized and efficient multimodal system to achieve a smart and sustainable mobility.

How railway system copes up during the coronavirus pandemic:
The coronavirus pandemic hit the railway sector considerably. Huge losses in terms of revenue have been experienced by the sector. There has been effective usage of infrastructure. In some of the countries such as India, railway bogies have been converted into medical facilities and operation centers to treat patients with Covid-19. 

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However, cargo trains played a crucial part during the initial stages of the coronavirus pandemic as moving cargos across the borders was easier by train than any other modes transport. Moreover, cargos took place of the passenger trains in the railway system. The entire system was made reliable with implementation of ‘green lanes’ or seamless border crossing to ensure efficient flow of goods. The officials ensured that the policies and rules were in place that would ensure the seamless operation. The measures preventing train drivers and staff from crossing borders were eliminated and factories were remained open.

The European region has been affected considerably due to the pandemic. 
Josef Doppelbauer, the Executive Director at the EU Agency for Railways (ERA) opined that the pandemic offered an excellent opportunity for the sector to “establish reign as the most relevant transport mode in the European Union.” He added that industrialization and digitization at the large scale is essential for the entire network to enhance relevancy. 

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The steps involved in achieving the goal include upgrade of the European Railway Traffic Management System (ERTMS), data modularity, and integrated ticketing. Focusing on health, safety, frequency, and accessibility would attract travelers to railways amid the pandemic and post-lockdown.



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Thursday, March 5, 2020

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Rapid Launch Of Advanced Tires Paves The Way For Autonomous Vehicles

by on March 05, 2020

The need for automation and a rise in demand for fuel-efficient tires led to industrial manufacturing transformation. According to Allied Market Research, the global advanced tires market is projected to garner $1.35 billion by 2030, growing at a CAGR of 18.4% from 2020 to 2030. The increase in automobile production, stringent regulation toward vehicular emission, and concerns regarding fuel efficiency would be the prime drivers for the market growth.


The advanced tires are made up of carefully designed combinations of different types of materials. Moreover, these tires are airless and thus, save the trouble of punctured tire. The most attractive feature of the advanced tire is its grip, which is more secure than conventional tires and it does not slip at higher speeds or on slippery roads. Furthermore, the advanced tires have new technology embedded in them and it can sense the condition of roads to maintain as well as improve its performance.

Rapid launches of novel tires
Recently, leading manufacturers of advanced tires, Prometeon Tyre Group Commercial Solutions L.L.C. launched truck tire series that is designed specifically for North American conditions.

The company unveiled Pirelli-brand regional-application truck tire series and plans launched two more complementary Tier 2 brands. The newly launched R89 line debuts in steer- and drive-axle applications after thorough testing across the U.S. and Canada. Furthermore, the line introduced eight steer-axel sizes, three closed-should drive-axel sizes, and six open-shoulder drive-axel sizes and more sizes are expected to be in production.

The advanced tires are meticulously designed to deliver even wear and extended tread life. The innovative tread compound that is used in the tires is expected to sustain high-scrub conditions that often occur in North America. Moreover, the tire uses Pirelli’s Spiral Advanced Technology for Truck (SATT) along with Hexa Bead Wire for improved retreadability. The company has used novel tread patterns and profiles that are designed to aid prevent impact damage. This enables uniform distribution of torque and load for the drive.

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Goodyear unveils advanced tire monitoring tech
The well-known and prominent market players in the tire industry, Goodyear recently announced the launch of advanced tire monitoring technology for the trailer fleet in the North America region.
The Tire Pressure Monitoring System (TPMS) Plus is a part of the company’s tire management program and is developed to aid fleets to save both money and time by monitoring and alerting regarding tire conditions.

The system has on-vehicle sensors that monitor tire condition and enable the fleet to detect various issues such as air leaks, abnormal temperature, and low pressure–which are major reasons for accidents–in real-time.

As per the company, the system detects a potential threat and Goodyear Fleet HQ can help in routing the driver to the nearest service location or dispatch immediate assistance. After witnessing the success of TPMS Plus with Norfolk Southern's intermodal operations, the company has deployed the solution at the Norfolk Southern Fairburn, Ga., facility.

The emphasis on low noise and integrated smart sensors is disrupting the industry. Moreover, customers now demand reliability and tires that help save fuel and thus, advanced tires are on its way to become a norm. Keeping this in mind, the rise in demand for autonomous vehicles is bound to increase the requirement of the advanced tire and the rapid launches of novel tires nothing but absolute bliss.

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Drive Clean- Explore the Perks of Driving Hydrogen Fuel Cell Vehicles

by on March 05, 2020

According to Allied Market Research, the global hydrogen fuel cell vehicle market is expected to grow at a significant CAGR from 2019–2026. Surge in environmental concern worldwide has worked as the major factor driving the growth of the market. On the other hand, high initial investment in infrastructure is expected to hold up the growth to certain extent. However, top-end advancement in technology, and huge potential in the market have almost toned down the above factor and created a number of opportunities for the frontrunners in the industry.


In the last few years, hydrogen cars have become one of the overtly discussed topics worldwide. Well, hydrogen cars can be defined as electric vehicles with a small cordless battery that is charged from a hydrogen fuel cell on a continuous note. The fuel cell, in turn, drags stowed hydrogen gas, blends it with oxygen from the firmament, and dashes it through a proton exchange sheath, letting out electricity along the way. However, the only derivative of this process is water, making the vehicle basically just an electric automobile that gets its control as well as fuel from a number of onboard batteries. People who have already driven these vehicles would certainly know, these cars are no different from any other normal vehicle, with an added advantage that they would never be emitting any poisonous gases while in operation.
A number of surveys have been conducted and the experts have got several nomograms on how exactly the global automotive markets are retorting to hydrogen fuel cell vehicles. In the US, business ventures, along with consumers are gradually taking their move toward hydrogen fuel cells. This is coming off in parallel with a slow conformation of the hydrogen fueling station network. These grids are required to fuel the vehicles every 250-300 miles or so.
Now, the question remains, how exactly does a hydrogen engine work. Hydrogen fuel cell vehicles are propelled by a plug-in motor and thus, are labelled as e-cars. In contrast to Battery electric vehicles, hydrogen fuel cell vehicles are different in terms of electricity generation- as they tend to produce electricity all by themselves. They come up with their own effectual power plant on board, namely the fuel cell.

The key players profiled in the hydrogen fuel cell vehicle market share include Honda, Toyota, Hyundai, Daimler, Audi, BMW, Volvo, Ballard Power Systems, General Motors, and MAN.
Also, when it is about onboard storage of energy, hydrogen has an added benefit to dole out. The fact that hydrogen is stockpiled in high-pressure tanks beneath the vehicle makes it highly beneficial to the users and the environment alike. The lightweight cisterns are cast off to lay in the high-pressure hydrogen, which cumulates a much larger volume of energy by means of hydrogen compared to lithium-ion sequences. Energy deposited in batteries needs many more battery stalls for each extra mile added to the span and scope of the vehicle. Again, in terms of energy stored in the vehicle, hydrogen clearly has the advantage, even when the fuel stall and its structure are taken into consideration.
The energy is uprooted into hydrogen fuel cell automobiles, by thrusting goaded or hounded vaporous hydrogen into the vehicle. On the other hand, battery electric vehicles are beefed up by infusing electricity into them.
Following are the advantages of hydrogen fuel cell vehicles for users-
  1. The impulsion in hydrogen fuel cell cars is completely electrical. So, on driving such cars, you would just get the similar feeling of driving a regular electric vehicle. Additionally, there will be no engine noise, as electric engines offer full torque even when they run at low speeds.
  2. Another significant benefit is the quick charging time. Based on the battery capacity, electric cars tend to entail at least thirty minutes to several hours in order to get fully charged. On the contrary, the hydrogen tanks of fuel cell cars are all set to go, even in case they are charged for less than five minutes. And, it’s certainly a big advantage for the users, as it brings in much flexibility than that of a standard car.
  3. Last but not the least; the range of fuel cell cars is not at all reliant on the outside temperature. A for example, they are not likely to deteriorate even in harsh cold weather.

In brief, it can be stated that hydrogen fuel cell vehicles tend to take recourse to a hydrogen fuel cell to drive its on-board electric generator. Hydrogen is used to set off a hydrogen fuel cell to produce electricity. Vehicles powered by hydrogen fuel cell hold high potential to bring down excess emissions, thereby contributing to the welfare of the environment. The fact that these vehicles never tend to emit any greenhouse gases during vehicle operation has made them a preferred choice over the gasoline as well as diesel-powered vehicles. Simultaneously, rise in government verves for modification of hydrogen fuel cell infrastructure has fueled the market growth in more than one way. 

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Autonomous Vehicle Market Expected to Reach $54.23 Billion, by 2026

Electric Vehicle Battery Market is Projected to Hit $84 Million by 2025 | CAGR 17.2%

Air Taxi Market Will Reach $6.63 Billion by 2030, with Top Manufacturer 

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Monday, January 27, 2020

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Autonomous Emergency Braking System Market Analysis of Sales, Revenue, Price and Growth Rate to 2023

by on January 27, 2020
The Objective of the “Global Autonomous Emergency Braking System Market” report is to depict the trends and upcoming for the Autonomous Emergency Braking System industry over the forecast years. Autonomous Emergency Braking System Market report data has been gathered from industry specialist/experts. Although the market size of the market is studied and predicted from 2016 to 2022 mulling over 2016 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation. The global autonomous emergency braking system market was valued at $43.7 billion in 2016 and is projected to reach $67.67 billion by 2023, growing at a CAGR of 6.7% from 2017 to 2023.


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Europe dominates this market presently, followed by North America. In 2016, Japan dominated the market in Asia-Pacific; similarly, Germany led the overall market in the European region. At present, the U.S. is dominating the market in North America.
High adoption rate of advanced braking system and rise in the number of road accidents drive the global autonomous emergency braking system market. However, the high cost of AEBS technology restricts autonomous emergency braking system market growth. Furthermore, increased passenger vehicle registrations and increased demand for luxury vehicles present a lucrative opportunity for the market.

In 2016, the high-speed AEBS segment dominates the global autonomous emergency braking system (AEBS) in software tool segment, in terms of revenue. However, based on technology, dynamic brake assist led the global market followed, by crash imminent braking in 2016. The commercial vehicle led the AEBS market by end-use in 2016. However, a passenger vehicle is anticipated to depict the highest CAGR throughout the forecast period.

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The key players profiled in the report include Robert Bosch GmbH, Continental AG, Delphi Automotive LLP, ZF Friedrichshafen AG, Mobileye, Autoliv Inc., Hyundai Mobis, AISIN SEIKI Co., Ltd., Hitachi Automotive Systems Ltd., and Mando Corporation

Questions answered in Autonomous Emergency Braking System Market research study:
  • What is the market growth rate of Autonomous Emergency Braking System Market from 2017-2022?
  • What will be the global market size of the market from 2017 to 2022?
  • Who are the leading global manufacturing companies in the Autonomous Emergency Braking System Market?
  • What are the major current trends and predicted trends?
  • What are the challenges faced in the Autonomous Emergency Braking System Market?
  • Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
  • Which will be the anticipated growth rates for your own Autonomous Emergency Braking System economy altogether and also for every segment inside?
  • Which will be the Autonomous Emergency Braking System application and types and forecast accompanied closely by producers?
  • What are the conclusions of the Autonomous Emergency Braking System Market report?
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Rolling Stock Market Trends, Top Manufacturers,Growth, share,Future Forecast 2026

by on January 27, 2020
The Objective of the “Global Rolling Stock Market” report is to depict the trends and upcoming for the Rolling Stock industry over the forecast years. Rolling Stock  Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2018 to 2026 mulling over 2017 as the base year o the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.


Rolling Stock Market by Product Type (Locomotives, Rapid Transit (DMU, EMU, Light Rail, Metro) Wagons, Coaches), Locomotive Propulsion (Diesel and Electric), Application (Passenger & Freight), Components: Global Opportunity Analysis and Industry Forecast, 2019–2026." According to the report, the global rolling stock industry garnered $58.60 billion in 2018, and is expected to reach $73.8 billion by 2026, growing at a CAGR of 2.9% from 2019 to 2026.
Top impacting factors

Surge in allocation of the budget for development of railways, increase in demand for safe, secure, & efficient transport, and growth in usage of public transport services for minimizing traffic congestions drive the growth of the global rolling stock market. However, high capital investment and refurbishment of existing stock hinder the market growth. On the other hand, enhancement in railway infrastructure, specifically in developing countries and rise in industrial & mining activity create new opportunities in the industry.

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Freight wagons segment to maintain its lead position by 2026
Based on type, the freight wagons segment held the highest market share in terms of revenue in the global rolling stock market in 2018, contributing nearly half of the total share, and is expected to maintain its lead position during the forecast period. This is due to different commercial advantages including rise in reliability in freight transportation, cost-effectiveness, and improved speed. On the other hand, the metros segment is expected to register the fastest growth rate with a CAGR of 5.2% from 2019 to 2026.

Cargo train to contribute its highest share during the forecast period
Based on end use, the cargo train segment accounted for around three-fifths of the total market share of the global rolling stock market in 2018, and is expected to contribute its highest share during the forecast period. This is due to surge in reliability in freight transportation, enhanced speed, and cost-effectiveness. However, the passenger transit segment would grow at the largest rate with a CAGR of 3.5% from 2019 to 2026, owing to high budget allocation in the most of the countries to improve automation in the railway sector.

Asia-Pacific to grow the fastest
Based on region, Asia-Pacific is expected to grow at the fastest rate with a CAGR of 4.4% from 2019 to 2026, owing to commitment of developing countries such as China, Japan, India, and others to continuously improve their rail infrastructure. North America would grow at a CAGR of 3.0% during the forecast period. Europe accounted for the major market share, contributing to nearly one-third of the total share of the global rolling stock market in 2018, and will maintain its pole position during the forecast period. This is attributed to development of fully automated trains and continuous improvements to meet the current standards.

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Leading Market Players
  • CRRC Corporation Limited
  • Alstom
  • Siemens Mobility
  • Bombardier Transportation
  • General Electric
  • Hyundai Rotem
  • Kawasaki Heavy Industries
  • Trinity Rail Group
  • Stadler
  • Stadler Rail AG
Driving factors for the market
  1. Increase in the allocation of the budget for the development of railways
  2. The rise in demand for the secure, safer and efficient transport system.
  3. Rise in use of public transport services as a solution to minimize traffic congestions
Market Restraints and Opportunities: 
  1. High capital requirement
  2. Refurbishment of existing rolling stock
  3. Improvement in railway infrastructure
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Thursday, January 23, 2020

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Third-party Logistics (3PL) Market Competitive Landscape and Forecast by 2020-2025

by on January 23, 2020
Growth of the e-commerce industry increased focus on core competencies among manufacturers & retailers, and a surge in trading activities due to rapid globalization are the factors that are responsible for the market growth. Nevertheless, a lack of direct control on logistics services impedes the growth of the market. Conversely, implementation of IT solutions & software, as well as the reduction in cost & lead time, would create new opportunities in the market.

The global third-party logistics market garnered $869 billion in 2017 and is estimated to reach $1,513.11 billion by 2025, registering a CAGR of 7.1% from 2018 to 2025.


The key players analyzed in the research include DHL, FedEx Corporation, United Parcel Service, DB Schenker, Maersk Logistics, NYK logistics, Kuehne+Nagel Inc., Union Pacific Corporation, Panalpina World Transport Ltd., and BNSF Railway Company. These market players have implemented various strategies such as partnership, expansion, collaboration, joint ventures, and others to gain a stronghold in the industry.

The Asia-Pacific 3PL market generated more than one-third share of the total market revenue in 2017 and would retain its dominance during the forecast period. This is due to a surge in trading activities due to globalization. However, the market in LAMEA would register the fastest CAGR of 10.1% from 2018 to 2025, owing to increase in population and upsurge in R&D activities in the region.


Based on service types, the domestic transportation management segment held the largest share in 2017, contributing more than one-third of the market revenue. It is expected to maintain its dominance throughout the forecast period. This is due to the efficient utilization of capital and integration of transportation management which helps customer to focus on core business issues. However, the other service types segment would grow at the highest CAGR of 11.2% from 2018 to 2025, owing to several benefits such as large distribution coverage and best service solutions to customers.

Based on the mode of transport, the roadways segment contributed more than one-third of the total market share in 2017 and would maintain its dominance through 2025. This is attributed to the improvement in the quality of roads and increased cross-border trading activities between landlocked countries. However, the airways segment would register the highest CAGR of 10.8% from 2018 to 2025, owing to its several benefits such as speedy and urgent delivery of goods.

Top Impacting Factors Such as -

  1. Increase in trading activities due to globalization
  2. Increase in focus of manufacturers and retailers on core competencies
  3. Risk to goodwill of manufacturer

Key Benefits for Third-party Logistics (3PL) Market:

  • This study comprises the analytical depiction of the global 3PL market analysis along with the current trends and future estimations to depict
  • the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global 3 PL market with a detailed impact
  • analyses.
  • The current market is quantitatively analyzed from 2017 to 2025 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Third-party Logistics (3PL) Key Market Segments:

By Mode of Transport

  • Railways
  • Roadways
  • Waterways
  • Airways

 By Service Type

  • Dedicated Contract Carriage (DCC)
  • Domestic Transportation Management
  • International Transportation Management
  • Warehousing & Distribution

Questions answered in the 3PL Market research report:

  • What is the growth rate of the 3PL market during the forecast period?
  • What will be the global 3PL market size from 2018 to 2025?
  • What are the leading manufacturing companies in the 3PL market?
  • How the major current trends will shape the market in the future?
  • What are the driving factors and opportunities in the 3PL market?
  • Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
  • Why are some of the segments flourishing at the highest growth rate while others experience a steady growth?
  • What are the conclusions of the 3PL market report?
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Small Drones Market On Analysis: Tips From The Great Depression

by on January 23, 2020
The Objective of the "Global Small Drones Market" report is tdepict the trends and upcoming for the Small Drones industry over the forecast years. Small Drones Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2017 t2023 mulling over 2016 as the base year of the market study. Attentiveness for the market has increased in recent decades due tdevelopment and improvement in the innovation.

The year of 2019 would be-without a doubt-a year of small and commercial drones. After the Federal Aviation Administration (FAA) announced its new rule regarding registration of drones, the number of registered drones has increased tnearly 300,000. Moreover, there were remarkable developments regarding compliance frameworks for drones in the European region and countries such as India. This has offered the required boost for the small drones industry.

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 From security tinsurance and from entertainment tagriculture, drones have entered the commercial market. The adoption of aerial drones technology has evolved drastically in the last few years. This is one of the major trends in the commercial drones market. The use of unmanned aerial vehicles (UAV) has expanded its customer base, offering a wide range of drones that can perform dedicated tasks according tthe user's requirement.

 This month, there was a news regarding the decision taken by the emerging military power, India and the mighty U.S. tco-develop small air launch drones. According ta reliable Pentagon official, the twcountries have identified small air-launch UAV along with a lightweight small arms technology project tincrease defense capabilities. Moreover, the U.S. and India recently had their round of Defense Technology and Trade Initiate (DTTI) talk in Washington. However, the military sector is not the only field that demands high-end and technologically advanced UAVs.

 North America and Europe, together accounted for about 64.6% of the total small drones market in 2016, with the former constituting around 37.4%. From a growth perspective, Asia-Pacific and LAMEA are the twpotential markets, expected twitness a considerable increase in growth rates during the forecast period. At present, these twsegments account for 35.4% of the small drones market. Their cumulative contribution in the overall market of the Asia-Pacific and LAMEA regions is anticipated treach 36.8% by 2023, owing thigh market growth over the next seven years. Asia-Pacific is expected tgrow at a lucrative rate of 12.5% during the forecast period.

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 Key Market Players Profiled

  • Lockheed Martin Corporation
  • Aerovironment Inc.
  • Elbit Systems, Ltd.
  • Parrot SA
  • 3D Robotics Inc.
  • BAE Systems, Inc.
  • The Boeing Company
  • SAAB AB
  • Thales Group
  • Textron Inc.

Key questions answered in Small Drones Market research study:

  1. What is the market growth rate of Small Drones Market from 2017-2023?
  2. What will be the global market size of the market from 2017 t2023?
  3. Whare the leading global manufacturing companies in the Small Drones Market?
  4. What are the major current trends and predicted trends?
  5. What are the challenges faced in the Small Drones Market?
  6. Which will be the niches at which players profiling with thorough plans, financials, and alsrecent advancements should set a presence?
  7. Which will be the anticipated growth rates for your own Small Drones economy altogether and alsfor every segment inside?
  8. Which will be the Small Drones application and types and forecast accompanied closely by producers?
  9. What are the conclusions of the Small Drones Market report?

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Wednesday, January 22, 2020

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Shipping Containers Market Segmentation On The Basis Of Product, Application, Region And Forecast 2022

by on January 22, 2020
Surge in seaborne trade, rise of transportation services, and increase in number of manufacturing facilities drive the growth in the market. However, decreasing economic growth in few nations in Europe and the Asia-Pacific region restrain the market growth. On the other hand, the implementation of development programs and different supportive initiatives present new opportunities for growth.


Key market players active in the market include China International Marine Containers (Group) Ltd., CXIC GROUP, TLS Offshore Containers International, Singamas Container Holdings Limited, A.P. MOLLER - MAERSK GROUP, W&K Containers, Inc., Dong Fang International Asset Management Ltd., China Shipping Container Lines Co. Ltd., YMC Container Solutions, and Jindo Co. Ltd.

The global shipping container market garnered $9.29 billion in 2017 and is estimated to reach $12.08 billion by 2023, growing at a CAGR of 4.5% from 2017 to 2023. The research provides a detailed analysis of changing market dynamics, key segments, major investment pockets, key market players, and competitive intelligence.

Asia-Pacific is a lucrative region. It contributed to more than one-third of the total market share in 2017 and is estimated to maintain its highest market share throughout the forecast period. This region is also expected to register the highest CAGR of 5.7% from 2017 to 2023. The report also analyzes Europe, North America, and LAMEA.

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Based on size of container, the small containers (20 feet) segment accounted for more than one-third of the total share in 2017 and is expected to continue to dominate position during the forecast period. On the other hand, the high cube containers (40 feet) segment is estimated to attribute to the highest CAGR of 4.9% from 2017 to 2023. The research also analyzes large containers (40 feet).

Based on type of container, the dry storage container segment held the largest share in terms of revenue in 2017, contributing more than one-fourth of the total market share. This segment is expected to maintain its dominance throughout the forecast period. In addition, this segment is expected to grow at the highest CAGR of 5.4% throughout the forecast period. It is a lucrative segment. The research also analyzes flat rack container, refrigerated container, special purpose container, and others.
Top Impacting Factors Such as - 
  1. Growth of seaborne trade
  2. Improvement in transportation services
  3. Rise in number of manufacturing facilities
Key Findings of the Shipping Containers Market:
  • The small container (20 feet) segment is projected to generate the highest revenue in the global market by 2023.
  • The high cube container segment is projected to grow at the highest CAGR of 4.9% during the analysis period (2017-2023).
  • The dry storage container segment is projected to generate the highest revenue in the global market by 2023. Also, it is anticipated to grow at the highest
  • CAGR of 5.4% during the analysis period (2017-2023).
  • Asia-Pacific holds the majority of the market share in 2015 and is anticipated to hold its position over the forecast period. Asia pacific is anticipated to grow at the highest CAGR of 5.7% during the analysis period.
  • China was the major shareholder in the Asia Pacific shipping containers market, which accounted for about 47% of the market share in 2015.
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Marine Propeller Market Key Players And Production Information Analysis by 2022

by on January 22, 2020
Marine propeller plays a vital role in the operation of ships as it propels the movement of the ship or boat across the water using the power generated and transmitted by the main engine of the ship. Growth in the shipbuilding industry mostly in countries such as China, Japan, and South Korea majorly boosted the market growth. In addition, an increase in requirement of resources such as coal, ore, and iron is fueling the growth in international seaborne trade, driving the marine propeller market. However, stringent environmental rules & regulations, the huge capital investment required for setting up new manufacturing facilities, and volatile raw material prices hamper the market growth. Irrespective of these challenges, the rise in usage of inland waterways is expected to create numerous opportunities for market growth. In addition, advancement in technology (production of lightweight marine propeller by using light weight material such as alloys of nickel, aluminum, and bronze) is expected to unfold business opportunities and boost the market growth.


The marine propeller market was valued at $4,017 million in 2015, and is projected to reach $5,352 million by 2022, growing at a CAGR of 4.3% from 2016 to 2022.

Key players in the marine propeller market are focused to expand their business operations in the emerging countries with new product launches as a preferred strategy. The major players profiled in this report include Rolls-Royce plc, Wrtsil, MAN Diesel & Turbo, Hyundai Heavy Industries Co., Ltd, MITSUBISHI HEAVY INDUSTRIES, LTD., SCHOTTEL, Mecklenburger Metallguss GmbH, VEEM LTD., SCHAFFRAN PROPELLER + SERVICE GMBH, NAKASHIMA PROPELLER Co., Ltd., Caterpillar Inc., Kawasaki Heavy Industries, Ltd., Changzhou Chonghai Marine Propeller Co., Ltd, and Teignbridge Propellers International Limited.

Asia-Pacific accounted for majority of revenue in 2015, and is expected to maintain its dominance, followed by Europe and North America. This is attributed to the rise in shipbuilding industry of South Korea and China.

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Propeller type segment is divided into controllable pitch propeller, fixed pitch propeller, and others (adjusted bolted propeller, and ducted propeller). In 2015, controllable pitch propeller accounted for the largest revenue, and is anticipated to maintain its dominance throughout the forecast period. This is attributed to higher propulsion efficiency, better maneuverability, and less wear & tear of blades as compared to others. Additionally, controllable pitch propeller segment is anticipated to witness highest growth rate among others, during the forecast period.

By ship type, the market is categorized into cargo or container ship, tanker, bulk carrier, offshore vessel, passenger ship, and others (tugs & service ships). In 2015, cargo or container ship accounted for the largest market share due to rise in international seaborne trade of non-bulk cargo, such as vehicles, food products, and electronic items. Bulk carrier segment is anticipated to show highest growth rate among ship types, owing to rise in demand of resources such as ore, coal, grains, and other similar products (unpacked).

Top Impacting factors Such as – 
  1. Increasing Production and Sales Of Ships Globally
  2. Rise in International Seaborne Trade Or Maritime Transport
Key findings of the Marine Propeller Market
  • In 2015, controllable pitch propeller led the overall marine propeller market, and is projected to grow at a CAGR of 5.1% during the forecast period.
  •  Cargo or container ship segment led the overall market in 2015, and is estimated to grow at a CAGR of 3.1% during (2016 2022).
  • Bulk carrier segment is expected to grow at a remarkable CAGR of 5.6% during (2016 2022).
  • Asia-Pacific accounted for the largest market share in 2015, and is anticipated to grow at a CAGR of 5.0%.
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Monday, January 13, 2020

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Cash Logistics Market Key Segments, Cash management, Cash-in-transit, and ATM Services

by on January 13, 2020
According to the report published by Allied Market Research, the global cash logistics market garnered $16.50 billion in 2017 and is expected to reach $30.70 billion by 2025, registering a CAGR of 7.8% from 2018 to 2025.


The report presents a detailed analysis of the cash logistics market, including aspects such as market size and share, market dynamics such as drivers and restraints, market segmentation, and company profiles. The report serves as an essential tool for stakeholders such as market players and investors as it helps them figure out the opportunities in the space and provides them with accurate data that enables them to make smart business decisions.

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The report offers an analysis of the growth drivers, restraints and opportunities of the cash logistics market. Factors such as growth in circulation of cash, rise in demand for safe and vault for cash management, and increase in deployment of ATMs drive the growth of the market. However, rising adoption of digital money and increase in cash-in-transit vehicle robberies restrict the growth of the industry. Conversely, production of fully automated cash-in-transit vehicle and rise in cash demand from emerging economies offer new opportunities for the growth of the market.

The report offers a broad analysis of the classification of the global cash logistics market. It segments the market into service, end user, and geography. Based on service, the market is classified into cash management, cash-in-transit, and ATM services. The cash-in-transit segment captured 44.72% of the market share and is expected to dominate the market through 2025. The end user segment is divided into financial institutions, retailers, government agencies, and others. The financial institutions segment grabbed the largest share of 44.6% in 2017 and would maintain its revenue lead through 2025. Geographically, the report covers the market study for the regions such as North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific would grow at the fastest CAGR of 10.3% during the forecast period.

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Analysis of the leading players operating in the cash logistics market such as The Brink’s Company, Cash Logistics Security AG, CMS Info Systems Ltd., G4S PLC, Garda World Security Corporation, Global Security Logistics Co., GSLS, Lemuir Group, Loomis, and Prosegur Cash S.A., included in this report.

Driving factors for the market
  • Growth in circulation of cash
  • Rise in demand for safe and vault for cash management
  • Increase in deployment of ATMs

Market Restraints and Opportunities:
  • Increase in cash-in-transit vehicle robberies
  • Rise in adoption of digital money
  • Production of fully automated cash-in-transit Vehicle
  • Rise in cash demand from emerging economies
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