(MENAFN- iCrowdNewsWire) A Latest intelligence report published by AMA Research with title“ AI in Logistics Market Outlook to 2026. A detailed study accumulated to offer Latest insights about acute features of the Global AI in Logistics Market . This report provides a detailed overview of key factors in the AI in Logistics Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors including economic slowdown, local & global reforms and COVID-19 Impact has been conducted to determine future growth prospects in the global market.
Major Players in This Report Include,
Amazon (United States),ClearMetal Inc. (United States),Deutsche Post AG DHL (Germany),FedEx (United States),General Electric (United States),Google LLC (United States),IBM Corporation (United States),Intel Corporation (United States),LLamasoft Inc. (United States),Micron Technology (United States),Microsoft Corporation (United States),NVIDIA Corporation (United States),Oracle Corporation (United States),SAP (Germany),Samsung (South Korea),Xilinx (United States),Fraight AI (United States),C.H. Robinson (United States),E2open (United States),Relex Solution (Finland)
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Definition:
The logistics industry is undergoing a fundamental shift as the volume of data and the number of devices used to increase, costs are reduced to maintain competitiveness, and the necessary inventory levels (staggered and on-the-go) must be maintained to ensure timely delivery and bottlenecks. Logistics includes purchasing and supply management, demand planning, and forecasting, transportation and network design, picking issues, and customer relationship management. Maintenance is simplified by automated processing, as regular repairs and maintenance are required to maintain the devices. Artificial intelligence collects information via sensors, which is combined with maintenance data. The best time to repair equipment in an organization is analyzed by the system in what is known as predictive maintenance. Inventory can be improved by reducing redundancy using intelligent storage processing and providing advanced technologies. In addition, artificial intelligence in supply management offers the possibility of tracking and maintaining the database of suppliers and shipping. All of this requires a certain degree of automation in the supply chain in order to be able to make timely decisions. Artificial intelligence is still in its early stages in logistics but is expected to grow rapidly. It is expected that the logistics industry will be reshaped with a high level of automation in the areas of manufacturing, logistics, storage, and delivery on the last mile. Machine and human collaboration enable intelligent order picking in logistics, and intelligent glasses enable intelligent hands-free functionality. Automated vehicles and drones are expected to change the paradigm of the logistics industry.
Market Trend:
Digitization of logistics leading to hyper customization
Growing Demand for Customization
Multiple collaborations across the supply chain
Market Drivers:
Need for on-time deliveries and instant go to market timings
Growing demand for convenience and safety
Increased acceptance and implementation of autonomous vehicles
Challenges:
Increased automation will lead to job losses and can create social tensions
Opportunities:
Growing amount of data in logistics
Rising Compliance with privacy and data security regulations
The Global AI in Logistics Market segments and Market Data Break Down are illuminated below:
by Application (Automation of Ordering and Processing, Planning and Forecasting, Machine and Human Collaboration, Self-driving Vehicles, Self-driving Forklifts, Others), Industry Vertical (Food, Pharma, Retail, Manufacturing, Automotive, Others), Technology (Machine Learning (ML), Natural Language Processing (NLP), Context-Aware Computing, Computer Vision), Mode of Transportation (Roadways, Railways, Seaways, Airways)
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Report Highlights:
- Comprehensive overview of parent market & substitute market
- Changing market dynamics in the industry (COVID & Economic Impact Analysis)
- In-depth market segmentation (Trends, Growth with Historical & Forecast Analysis)
- Recent industry trends and development activity
- Competitive landscape (Heat Map Analysis for Emerging Players & Market Share Analysis for Major Players along with detailed Profiles)
Strategic Points Covered in Table of Content of Global AI in Logistics Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the AI in Logistics market
Chapter 2: Exclusive Summary – the basic information of the AI in Logistics Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the AI in Logistics
Chapter 4: Presenting the AI in Logistics Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region 2015-2020
Chapter 6: Evaluating the leading manufacturers of the AI in Logistics market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, AI in Logistics Market is a valuable source of guidance for individuals and companies in decision framework.
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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global AI in Logistics market?
- What are the key concerns of the five forces analysis of the Global AI in Logistics market?
- What are different prospects and threats faced by the dealers in the Global AI in Logistics market?
- What are the strengths and weaknesses of the key vendors?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Southeast Asia.
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