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A new study from Juniper Research has found the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022 – a substantial growth of over 1,500%. The post Study Finds Number of Hydrogen Vehicles Could Reach 1 Million Globally by 2027 appeared first on NGT News.
The long-term outlook remains strong, according to a study from research firm Interact Analysis, with the global warehouse automation expected to expand at a 19% CAGR from 2024 to 2027.
Databridgemarketresearch.com added a new study on Global Pharmaceutical Logistics Market Research Review 2020 that has been just made available providing an extensive knowledge and perceptions… The post Global Pharmaceutical Logistics Market Analysis 2020 With COVID 19 Impact Analysis| Leading Players In-depth Analysis Research Report Foresight (..)
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.
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 Wood Mackenzie, the US microgrid market is expected to grow at a compound annual growth rate (CAGR) of 19% from 2022 to 2027. The cost of grid power has been increasing.
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.
Cold Chain Logistics Market Analysis The “Global Cold Chain Logistics Market Analysis to 2027” is a specialized and in-depth study of the cold chain logistics… The post Cold Chain Logistics Market Future Business Plan with Leading Key Vendors appeared first on 24/7 Customs Broker News.
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. The 4PL Market is Growing Exponentially. million USD in 2019. It is predicted to reach $78,981.5
According to studies, year-on-year CEP revenue growth is expected to reach $394 billion in 2021, up from $333.9 billion by 2027, at a (CAGR) of 4.61% from 2022-2027. billion in 2020. Revenues are projected to further reach $ 519.5 A major reason for this growth in Indonesia is the continued popularity of e-commerce.
million non-COVID-19 claims across 31 states, found that work injuries among workers with shorter tenure increased from 18% to 23% during the study period, the report states. Construction will be broken up into 10 individual projects, with the first to be completed by 2027 and the last by 2032. The report, which analyzed 8.4
billion in 2024 and has the potential to reach $191 billion by 2027. Out of all the countries in SEA, Indonesia is shown to be the major driver of e-commerce growth in the region, with user size of 138 million and revenue of $61 billion in 2023 and is said to reach $104 billion by 2027. Download the Case Study 3.
Stage two comprises a 250MW electrolyzer facility which could be operational by 2027 when the first offshore wind power from Bornholm could be delivered. The project has the potential to displace 5% of fossil fuels at Copenhagen Airport by 2027 and 30% by 2030.
trillion in 2024 and nearly $8 trillion by 2027. Studies indicate that a bad tracking experience might be a customer’s last order from a retailer. But for retailers, it also means handling a surge in order volumes. Global online retail statistics predict that e-commerce sales will hit $6.3 In the U.S.
A recent study on IoT from TATA’s TCS Global found that manufacturers who started utilizing cloud-based options in 2013-2014 were seeing a 28.5% In fact, a similar report from Deloitte found that robotics and automation adoption will reach 74% by 2027. Not only that, but you have the ability to have project updates in real time.
Recently, a Grand View Research study shows that the cold chain market was estimated at USD 233.2 For example, a recent study showed categories such as meat, poultry, eggs, and dairy with significant spending declines in 2022 as consumers sought more shelf-stable and affordable items. billion in 2022. percent from 2023 to 2030.
trillion in revenue by 2027, according to Statista, it’s clear that retailers must adapt to stay competitive. Modern customers expect swift, personalized delivery experiences, and if retailers fail to meet these expectations, they risk losing business. As the US retail e-commerce market is projected to surpass $1.5
According to a study, 55% of consumers prefer to buy directly from brands, and a further 40% of shoppers say they will purchase from a D2C brand in the next five years. during the 2022-2027 period, the total addressable D2C market in India is forecast to hit $100 billion by 2025. With an expected CAGR of 34.5%
Digital is in “ The study predicts strong growth for the B2B e?commerce trillion by 2027. “We DHL Express , the international express service provider, has released a new Whitepaper “ The Ultimate B2B E-commerce Guide: Tradition is out. to reach USD 12.2 trillion , outpacing the market size of the B2C sector.
With the global last-mile market projected to hit the $200 billion mark by 2027, according to Statista, the financial impact of managing last-mile delivery is undeniably significant. Download Case Study 6. Yet, the difficulty lies not in curtailing costs but in understanding and mitigating the long-term repercussions of such actions.
With e-commerce user penetration expected to surpass 80% in 2023 and close to 85% in 2027, businesses need operational flexibility to manage vast volumes of shipments. A study says retail e-commerce sales will reach 8.1 This led him towards advanced analytics to make optimal decisions in selecting and managing players.
– Third-Party Logistics Study, 2022, NTT Data. Insights from an E-marketer study mentioned that by diversifying consumer experiences, D2C brands have successfully disrupted the retail industry. – Statista, 4PL market size from 2018-2027, Jun 2020. But things have drastically changed today. compared to this year.
In 2015, the Port of New Bedford witnessed the completion of a new 29-acre marine terminal with the offshore wind industry in mind. The New Bedford Marine Commerce Terminal, owned and operated by the Massachusetts Clean Energy Center (MassCEC), was identified through a study commissioned by MassCEC to assess potential sites to serve as a staging (..)
Despite the improvement, the group says it is continuing to develop studies, processes, and regulations to decrease the number further, saying that lost containers affect the safety of container ships and their crew, shore-based workers, and the environment. A string of states have already adopted California’s Advanced Clean Trucks rule.
“New investment driven by nearshoring could reach about $46 billion in the next five years, helping boost Mexico’s annual [gross domestic product] growth to around 3% in 2025 to 2027, from an estimated 1.9% “Nearshoring has the potential to boost the growth of Mexican manufacturing exports to the U.S., trillion economy.
Set for full enforcement starting December 14, 2027, it requires companies to ensure that all stages of their supply chains are free from forced labor. By 2027, when both the UFLPA and FLR are fully operational, the global supply chain landscape will have transformed significantly.
In Germany as an example, some 40% of the truck and 55% of bus driver workforce is expected to retire by 2027, creating a shortfall of around 185,000 drivers. The European Commission has recently finalised a study on SSTPA and the IRU and ETF expect this to remain a priority for the new commission.
This includes constructing dozens of new stores, starting with five new supercenters in Ontario and Alberta by 2027, and modernizing distribution centers to improve both online and in-store services. billion ($4.51 billion) to build new stores and enhance its supply chain. Additionally, this development challenges U.S.
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