Report Code: A10278 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Project Logistics Market
Request Now !Project logistics involve integrated process of planning, organization, managing, processing, and controlling the complete flow of goods, materials, and information. These are associated with the successful completion of a project. Dealing with cargo of peculiar dimensions is always a challenge for a transporter. Cargo with larger dimensions requires a completely different set of equipment, infrastructure, and experienced personnel. However, increasingly, shippers and service providers are becoming more sophisticated in the transportation of oversized and heavyweight shipments. Moreover, manufacturing complexity adds to the challenge. Parts and modular packages are being produced in far-flung parts of the world, then shipped to final destinations.
COVID-19 SCENARIO ANALYSIS
The significant factors impacting the growth of project logistics market are technology advancement in mode of transportation services and collaborative logistics approach. However, problem related to logistics and players require high initial capital investment, which hampers the growth of the automotive project logistics market. On the other hand, usage of driverless vehicles and increase in usage of block chain for efficient logistics operations will fuel the growth of the project logistics market.
Advancements in digital technologies and changing consumer preferences due to e-commerce are expected to lead the transformation of the Indian logistics ecosystem. Thus, technological up gradation leads to the growth of these project logistics market in near future.
Collaborative logistics is said to be achieved when two or more organizations enter into a partnership. Purpose of collaboration is optimization of operations related to logistics by sharing of equipment, vehicles, information or carriers to reduce the costs. Thus, logistics approach leads to the growth of project logistics market in near future.
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Questions answered in the project logistics market research report:
Project Logistics Market Report Highlights
Aspects | Details |
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By Mode of transportation |
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By Verticals |
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By Region |
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Key Market Players | Bema International Pte. Ltd., BT Transport & Logistics, Expro, Kuehne + Nagel, Freight Tiger, Panalpina, Indo Trans Logistics Corporation, Chu Kong Logistics, Tiger logistics Ltd., LF Logistics |
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