Last-mile Delivery Market Growth Opportunities 2019-2026 with Leading Companies – Deppon Logistics Co. Ltd, STO Express Co.Ltd, Cainiao Logistics

The delivering process of a consignment, object, or goods into box or envelope from the transportation hub to a final delivering destination is called last-mile delivery. Increase in penetration of internet and expansion of the e-commerce industry has propelled the demand of the last-mile delivery market. The global last-mile delivery market is expected to expand during the forecast period, as the penetration of the internet and preferences of customers for shopping are changing. This, in turn, is anticipated to drive consumer spending on online shopping, which is expected to be ultimately delivered to the customer via a parcel. However, this is projected to require a transportation hub that houses the parcel and delivery person for delivering it to the end-customer.

Expansion of transportation and automotive industries has propelled the last-mile delivery market, as it has made last-mile delivery easy, safe, and convenient. Moreover, rise in globalization is also anticipate to boost the last-mile delivery market. Adoption of new technologies, logistic methods, and innovative vehicles is likely to drive the last-mile delivery market. Consistent demand for local delivery, groceries, food commodities, agricultural goods, and small delivery is expected to offer significant opportunities to key players in the last-mile delivery market.

Transportation of goods and services to a small region or territory is a major driver of the last-mile delivery market. Increase in demand for parcel in e-commerce, mails (postal), online food, etc., is driving the last-mile delivery market. Major restraints of the last-mile delivery market include transportation strikes and prices of fuel.

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In last-mile delivery, road transportation is widely preferred for the transportation of packages from transportation hub to the end-user destination, as this way of transportation is safe, secure, and efficient. Based on vehicle type, the last-mile delivery market can be differentiated into motorcycles, drone, LCV and HCV. LCV and HCV is further sub-segmented into pick-ups, vans, and trucks & Lorries. Motorbikes are preferred for the last-mile delivery of small packages, as they are easy and convenient to use and are cost-effective. In terms of region, the global last-mile delivery market can be segmented into Europe, Middle East & Africa, Latin America, Asia Pacific, and North America.

Asia Pacific is expected to be a major market for last-mile delivery, as this region is home to major industries and automobile manufacturers. China and India contribute to the increase in demand for last-mile delivery, as these countries have high export and import of goods, which drives the last-mile delivery market in the region. Furthermore, increase in digital buyers (buyers which purchase goods via internet) has increased the demand of the last-mile delivery market in these countries as the increase of couriers and parcel will be increased.

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Parcel Delivery Market to Witness Highest Growth in Near Future

Parcel can be defined as goods or objects wrapped in a paper, or sealed in envelope, or a box and the process of delivering a parcel to a particular destination via road, rail or air, is known as parcel delivery. Increase in penetration of the internet and expansion of the e-commerce industry have boosted the parcel delivery market. The global parcel delivery market is expected to expand during the forecast period as the penetration of internet and preferences of customers for shopping are changing. This, in turn, is anticipated to boost consumer spending on online shopping, which is expected to be ultimately delivered to the customer via parcel delivery.

Expansion of transportation and automotive industries has propelled the parcel delivery market as it has made parcel delivery easy, safe, and convenient. Moreover, rise in globalization is also anticipated to drive the parcel delivery market. Adoption of new technologies, logistic methods, and innovative vehicles is likely to drive the parcel delivery market. Consistent demand for local delivery, food commodities, agricultural goods, and bulk delivery is expected to offer significant opportunities for key players operating in the parcel delivery market.

Transportation of goods and services, domestically and internationally, is a major driver of the parcel delivery market. Increasing demand for parcel in e-commerce, mails (postal), online food, etc., is boosting the parcel delivery market. Major restraints of the parcel delivery market are transportation strikes, prices of fuel, and government regulations about logistics and transportation.

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The global parcel delivery market can be segmented based on deployment, end-user, vehicle type, service, and region. Based on end-user, the parcel delivery market can be bifurcated into retail, petroleum, defense, chemical, construction, logistics & shipping, and government organizations. In parcel delivery, road transportation is widely preferred for the transportation of goods from one location to other, as it is safe, secure, and an efficient means of transportation. Based on deployment, the parcel delivery market can split into indoor and outdoor terminals.

Based on vehicle type, the parcel delivery market can be differentiated into LCV and HCV. LCV and HCV is further sub-segmented into pick-ups, vans, and trucks & Lorries. In terms of region, the global parcel delivery market can be segmented into Europe, Middle East & Africa, Latin America, Asia Pacific, and North America. Asia Pacific is expected to be a major market for parcel delivery, as this region is home to major industries and automobile manufacturers. China and India contribute to the increase in demand for parcel delivery, as these countries have high export and import of goods, which drives the parcel delivery market in the region. Europe accounts for a significant share of the global parcel delivery market, as it has a large presence of key players in the region.

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Automotive Speed Limiter Market – Industry Challenges, Key Vendors, Drivers, Trends and Forecast to 2026

The speed limiter, also known as “governor”, is primarily utilized to control excessive speeding of the vehicle. Newly developed and compact speed limiters improves the safety of the vehicle. Different types of speed limiters include adjustable speed limiter and intelligent speed limiter. Adjustable speed limiter is a commonly used speed limiter in most cars. Major OEMs and manufacturers are offering more advanced systems for their cars in which the speed limiter is connected to a camera, which automatically detects the speed limit signs and functions according to those signs.

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In certain regions, such as North America, regulatory bodies are likely to make speed limiters mandatory for heavy duty commercial vehicles. Moreover, the speed limiter protects the engine, which in turn indirectly increases the lifespan of the vehicle. Demand for safety features in vehicles is likely to boost the automotive speed limiter market during the forecast period. Rise in safety concerns in heavy duty vehicles is likely to drive the automotive speed limiter market during the forecast period.

The global automotive speed limiter market can be segmented based on type, vehicle type, sales channel, and region. In terms of type, the market can be segregated into electronic speed limiter, variable speed limiter, adaptive speed limiter, and other. The electronic speed limiter is a newly developed device that controls the fuel injection system in order to regulate the maximum driving speed limit. In variable speed limiter, the vehicle’s exact position is detected through the GPS system and the speed limit is regulated automatically from the programed data base.

Based on vehicle type, the automotive speed limiter market can be divided into passenger vehicle, commercial vehicle, and electric vehicle. Governments are likely to make speed limiters mandatory for commercial vehicles in the near future, which in turn is anticipated to propel the automotive speed limiter market during the forecast period.

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Rapid industrialization, expansion of the construction industry and the demand for electric heavy commercial vehicles are anticipated to drive the automotive speed limiter market during the forecast period. The passenger vehicle segment can be further sub-segmented into hatchback, sedan, and utility vehicle. Rise in demand for SUVs and high engine power vehicles is likely to boost the automotive speed limiter market during the forecast period.

In terms of sales channel, the automotive speed limiter market can be categorized into aftermarket and OEM. Government mandate, demand from consumers, and reduction in road traffic accidents have prompted OEMs to provide the speed limiter in their vehicles. Consequently, the OEM segment is likely to expand at a significant pace, which in turn is anticipated to drive the automotive speed limiter market during the forecast period.

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Sales is Booming Worldwide for Automotive Artificial Intelligence Market | Trends in 2019

Artificial intelligence (AI) systems are used to alter, process, and function data and algorithms to imitate the intellectual functions of the human mind, and gain the capacity to absorb and resolve problems automatically. Vehicles with self-driving features are more likely to adopt such systems to improve their efficiency and functioning.

Expansion of the automotive industry is expected to drive the demand for automotive artificial intelligence. The automotive artificial intelligence market is likely to expand at a significant pace during forecast period owing to the advent of various advanced features and expansion of the service sector for automotive application. Moreover, key players operating in the automotive industry are investing heavily in order to develop advanced technology for vehicles. Varying customer preference for convenience, security, and safety offers an opportunity for vehicle manufacturers to implement AI systems in vehicles.

The addition of AI systems in vehicles is likely to fuel the cost of the vehicle, which is anticipated to reduce its affordability among consumers. This is a key factor restraining the market.

Based on component, the automotive artificial intelligence market can be bifurcated into hardware, software, and services. Software is a key component that stores data and executes commands. Hardware is utilized as an interface between the AI system and humans. All software require servicing for their effective functioning. Service can be provided by the system manufacturer or the OEM.

In terms of technology, the market can be segregated into deep learning, machine learning, computer vision, and context awareness. Machine learning is a technology that helps systems automatically learn and develop from previous knowledge/ experience without the need for programing.

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In terms of application, the automotive artificial intelligence market can be split into autonomous vehicles, semi-autonomous vehicles, and electric vehicles. An autonomous vehicle is a self-driving vehicle that utilizes various in-built technologies and sensors to perform those functions that are meant to be carried out by the driver. The rate of implementation of artificial intelligence systems in autonomous vehicles is considerably high, as autonomous vehicles require more technologically advanced features. The electric vehicles segment can be further sub-segmented into battery electric vehicles, & other 2 segments. Battery electric vehicles run on a pack of battery. Power to the electronic systems can be provided by those batteries, hence battery electric vehicles are likely to be adopted at a higher rate than the other two electric vehicle segments.

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Ride-hailing Market 2019 Top Companies – ANI Technologies Pvt. Ltd. (OLA), Lyft, Inc., Careem, Uber Technologies Inc

Ride-hailing is a passenger transportation service in which the passengers are connected with the vehicle drivers and owners through a smartphone-based app. Ride-hailing services are the same as hiring a taxi, the difference being, in ride-hailing, a vehicle is hired through a smartphone-based app.

Increase in traffic congestion, lack of proper public transportation mode, longer time required for public transportation services, and faster service offered by the ride-hailing service providing companies are attracting passengers and travelers toward on-demand services. Hailing a ride is the same as owning a vehicle for a specific time period. Lower number of vehicles per 1000 people, especially across developing nations and regions such as Asia Pacific and Latin America, is fueling the demand for ride-hailing services. Increased fuel prices, rise in vehicle maintenance, and implementation of more stringent emission norms effectively makes ride-hailing less expensive as compared to the cost of owning a vehicle.

Increased number of on-road vehicles have raised global pollution levels drastically, which has led to increase in global temperature and hampered the health of humans and nature. Therefore, governing bodies of several nations are primarily focused on the elimination of major sources of pollution, which in turn is expected to result in implementation of stringent emission norms and incentives for alternative fuel and transportation services. Ride-hailing services have proven to be effective in reducing the number of vehicle ownership, which in turn is expected to lead to significant decline in pollution levels. Consequently, governing bodies are promoting ride-hailing services across the globe.

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In the U.S. several governing bodies have established separate road lanes for High Occupancy Vehicles (HOV), which in turn is fueling the demand for ride-hailing services across the U.S. Discounts offered by manufacturers and dealers on vehicles being utilized for ride-hailing services, increase in per capita income, developing road infrastructure, and increase in number of daily commuters are propelling the global ride-hailing market.

The global ride-hailing market can be segmented based on vehicle type, commuting distance, autonomy level, and region. In terms of vehicle type, the global ride-hailing market can be classified into four segments. Sedan and hatchbacks are widely being employed for ride-hailing services. Compactness of sedans and hatchbacks, higher efficiency, and exemption from road toll taxes across several countries are fueling the demand for sedans and hatchbacks for ride-hailing services. Demand for SUVs among consumers is rising, especially in North America and Asia Pacific, which is anticipated to boost the SUV segment of the ride-hailing market during the forecast period.

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Industrial Vending Machines Market | Key Futuristic Trends and Competitive Landscape 2026

Industrial vending machines enable organizations to adopt new, automated approach to maintenance, repair, and operations (MRO) inventory management, thus optimizes their MRO spends. They help in automatic dispensing of MRO items and also enable automatic record keeping, thereby enabling MRO category managers in streamlining inventory management. End users usually source industrial vending machines from original equipment manufacturers, and are available in different types such as carousel vending and coil vending. Their use has lowered operational downtime, especially critical in the aviation industry. Internet of things (IoT)-enabled industrial machines are gathering steam among various end users. Powered by cloud technologies, they help end users track inventory in more secure and easier way.

In recent years, companies in the manufacturing and oil and gas industries are increasingly using industrial vending machines for personal protective equipment (PPE). They are also increasingly being deployed by manufacturing facilities in the aviation industry.

The report offers detailed assessment of key growth drivers and trends and presents a holistic view of the competitive landscape in the industrial vending machines market. The various insights and estimations help market participants get clear and in-depth idea of the evolution trajectories of the market.

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The rising need for reducing production downtime costs in organizations in various industry verticals is a key factor propelling the demand for industrial vending machines. The adoption of better inventory management approaches is rising in industries such as the manufacturing, aerospace, engineering services, and oil and gas industries. This is also aiding in the rapid expansion of the market. Constant technological advancements in industrial vending machines are improving their performance in MRO and inventory management. The advent of machines incorporated with RFID and cloud has created lucrative prospects in the global market. They are increasingly demanded by numerous manufacturing industries to keep a real-time visibility on the use and purchase of tools and equipment.

The global industrial vending machines market is gaining increasing momentum from the rising deployment of the equipment among small and medium-scale enterprises in various parts of the world. Moreover, this has picked up pace on account of the availability of machines on rental basis. Efforts of OEMs to develop customized industrial vending machines to meet the individual and specialized needs of end users are opening new, exciting avenues for market players to capitalize on. Furthermore, stringent implementation of regulations pertaining to employee safety in various countries is fueling the demand or industrial vending machines for PPE.

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Electric Hoist Market to Reflect Impressive Growth Rate by 2028

Electric hoists as devices are automated means of lifting or lowering a payload of varying capacities, thus helping in the relocation of heavy materials. They are extensively being demanded in the transportation of materials in construction sites. Several attractive benefits including operational time, reduced labor costs, and low failure rates are helping in the steady evolution of the electric hoist market. Electric hoists are used for a variety of load relocation applications in numerous industries such as aerospace, automotive and transportation, construction, energy, marine manufacturing, logistics.

The global electric hoist market is expected to gain strength from substantially rising application in the automotive and transportation industries. A number of manufacturers are aiming at technologies customized solutions to meet a diversity of material handling requirements in end-use industries. Several of them are also launching electric hoists with advanced automation features and powering options.

The report tracks recent growth trajectories of the global hoists market and presents evaluations of emerging prospects in various regions. The assessment combines the prudent insights by opinion leaders, business executives, investors, and entrepreneurs that help market participants identify lucrative avenues.

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Rapid advances made in the construction sector due to new as well as retrofit building activities in various developing and developed regions is a key factor propelling the growth of the electric hoist market. Emerging new projects and development plans in emerging markets have brought ample opportunities for manufacturers. The rapid pace of automotive manufacturing is imparting a robust impetus to the expansion of the market. This is in large part supported by favourable socio-economic environments in developing nations, thereby propelling a number of public infrastructure projects. The continuing pace of urbanization in several parts of the globe is also aiding in the steady expansion of the electric hoist market.

The rising demand for cranes and hoists as part of automation in the construction works is a prominent trend boosting the market. Large strides taken by infrastructure activities, supported by favourable government regulations, have opened new, exciting opportunities for manufacturers of electric hoists. The advent of electric hoists with high strength and durability is a notable factor favourably impacting the growth of the market.

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