Remove 2027 Remove Industry Remove Study
article thumbnail

Microgrid Economics – Microgrids Growing Faster Than Larger Grids

Logistics Viewpoints

According to Wood Mackenzie, the US microgrid market is expected to grow at a compound annual growth rate (CAGR) of 19% from 2022 to 2027. According to the Solar Energy Industries Association (SEIA), the average cost of a US commercial PV system has fallen by about 60% since 2017. The cost of grid power has been increasing.

article thumbnail

Vehicle Electrification Market Size to Accrue US$ 150.72 Billion by 2027

247 Customs Broker

Precedence Research has published a new report titled, “Vehicle Electrification Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2027”. According to the study,… The post Vehicle Electrification Market Size to Accrue US$ 150.72 Billion by 2027 appeared first on 24/7 Customs Broker News.

Study 36
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Myths of Making Robots Work with People

Logistics Viewpoints

Robotics and automation in the warehouse continue to be a growing trend, with a recent study estimating that the warehouse robotics market is expected to reach USD 23. 09 billion by 2027 and grow at a rate of 15. 33% annually from 2022-2027. But there is still much to learn.

article thumbnail

Trends in the Food and Beverage Industry

Trinity Logistics

The food and beverage industry has faced significant challenges and growth over the past couple of years. After several unpredictable years, many hope we’ll see more stability back in the industry. In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. billion in 2022.

Trends 65
article thumbnail

This Week in Logistics News (July 20 – 26)

Logistics Viewpoints

The trucking industry is turning a corner after a prolonged freight recession that succeeded the Covid boom in transportation rate and services, according to logistics executives. Those five industries are wholesale and retail trade, manufacturing, services, health care and social assistance, and transportation, warehousing and utilities.

article thumbnail

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

The concept of fourth-party logistics has existed for some time but only truly began evolving with the arrival of Industry 4.0—the According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1 million USD by 2027, growing at a CAGR of 4.5 percent between 2020 and 2027.

4PL 118
article thumbnail

This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

The WSC said its “Containers Lost at Sea – 2023 Update” report revealed positive developments in container safety within the international liner shipping industry, saying the 2022 losses represent a tiny fraction of the 250 million containers currently shipped each year. But industry voices have noted concerns.