Automated Freight Transport Market: Introduction

  • Increase in consumers’ orders and developments in delivery systems, user interfaces, autonomous control and multimodal communications are estimated to propel the automated freight transport market during the forecast period
  • Freight transport is the process of moving cargo, goods, and commodities via air, land or sea. Freight transportation is commonly connected with cargo shipping by huge ships container carriers, railroad, trucks, intermodal, and aeroplanes. Automation in freight transportation monitors all shipping activities and provides effective cost and mobility solutions. Moreover, automated fright services deliver goods to their destination safely and on time.

Key Drivers of Automated Freight Transport Market

  • Rising integration of advanced technologies in cargo shipping including machine learning, artificial intelligence, multimodal communications, and user interfaces is expected to propel the market. These technological advancements make transportation systems completely automated and eliminating the vulnerabilities in shipping solutions of different sectors. Moreover, aerial freight has extensively deployed drones to send and receiving goods, which can carry between 4.5 pounds and 700 tons of weight. These drones are designed to deliver goods in intercontinental segments, and they can be remotely operated. Additionally, autonomous rails, trucks, and ships are equipped with several sensors that help mimic a detailed scenario of their surroundings. These scenarios are in real-time and help monitor the shipping, which provides high level of accuracy and security. Therefore, use of advanced technologies in shipping boosts the automated freight transport market.
  • Rise in number of orders and use of e-commerce portals has also enhanced freight management solutions through fresh forms of mobility, optimizations, and better analytics. Increase in international trades has further fueled the demand for freight management services. Moreover, several companies offer third-party logistics (3PL) solutions that further contribute to freight management solution and services, which in turn also boost the automated freight transport market.

Challenges in Global Automated Freight Transport Market

  • Implementing autonomous vehicles on road pose enormous challenges to solution providers, owing to the threat of data security. Governments need to implement regulations that can address concerns regarding data privacy and security. Furthermore, governments need to generate policies that can ensure the functionality and safety of autonomous vehicles.
  • The COVID-19 pandemic prompted the announcement of lockdown by governments across the globe; consequently, all shipping, transportation, and delivery services were closed or shut down, which hampered the global automated freight transport market. Additionally, electronics and electrical component manufacturing processes where also stopped, which hindered the integration of advanced component solutions on transportation channels. This, in turn, further restrained the market.

Opportunities in Automated Freight Transport Market

  • Rising delivery expectations by consumers is boosting delivery speeds, and solution providers are also focusing on enhancing their delivery solutions. Moreover, rise in parcel volumes, increase in population, urbanization, purchasing power, and shift toward e-commerce further contribute to the development of delivery systems and offers significant opportunities to integrate advanced technologies in transport services. For instance, in China, daily parcel deliveries tripled from 57 million units in 2015 to 145 million units in 2020, which also creates an opportunity for freight forwarding advancement.
  • Increasing demand for energy-efficient solutions for freight transport is prompting governments and solution providers to upgrade their existing trucks, rails, and ships with advanced solutions. This, in turn, is expected to drive the automated freight transport market during the forecast period.

Automated Freight Transport Market in North America to Expand Significantly

  • Popularity of freight transport is increasing in North America, due to well-established industrial standards, technological integration in the transportation channels and overstretched infrastructural development. In the U.S., the total miles traveled by a vehicle is increasing due to sustained acceleration in e-commerce platforms. Moreover, the U.S. delivery partners have initiated their deliveries with autonomous trucks (ATs), which further changes the utilization and cost structure of trucking. According to a report by McKinsey, in 2018, 65% of the U.S. region’s consumable goods were delivered via trucks to the market, whereas by automating these systems, the operating costs of delivery would decrease by around 45%, which saves between US$ 85 and US$ 125 billion. Furthermore, rising population in Asia Pacific countries including China, India, and Japan has fueled the demand for delivery and transport, which further propels the automated freight transport market.

Key Players Operating in Global Automated Freight Transport Market

The automated freight transport market is moderately consolidated. A few of the key players operating in the global automated freight transport market are:

  • CTSI-global
  • JDA Software
  • Accenture
  • FedEx Corporation
  • Manhattan Associates
  • SNCF Logistics
  • Geodis
  • Descartes System Group
  • DHL International GmbH
  • DSV Panalpina A/S

Global Automated Freight Transport Market: Research Scope

Global Automated Freight Transport Market, by Mode of Transport

  • Roadways
  • Railways
  • Airways
  • Seaways

Global Automated Freight Transport Market, by Deployment

  • Cloud-based
  • On-premises

Global Automated Freight Transport Market, by Solution

  • Freight Transportation Cost Management
  • Freight Mobility Solution
  • Freight Monitoring System
  • Freight Security Solution
  • Freight 3PL Solution
  • Warehouse Management System

Global Automated Freight Transport Market, by End-use Industry

  • Automotive
  • Retail
  • Aerospace and Defense
  • Energy
  • Healthcare
  • Pharmaceutical
  • Others

Global Automated Freight Transport Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Nordic Region
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

  • Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
  • Strategic Frameworks: The study offers how organizations are setting both short-term and long-term strategic plans. Our team of experts collaborate and communicate with you to understand these to make your organizations sustainable and resilient during tough times. The insights help them decide sustainable competitive advantage for each business units.
  • Benchmarking for Deciding Target Markets and Brand Positioning: The assessments in the study provides a scrutiny of marketing channels and marketing mix. Our various teams work synergistically with you to help identify your actual and potential direct, indirect, and budget competition areas. Additionally, the study helps you decide most effective budgets for various processes and promotional activities. Furthermore, the study guides you to set benchmarks for integrating people and processes with the 4Ps of marketing. Eventually, this will empower you to find out unique propositioning strategies and niches.
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The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

  • North America, South America, and the Americas
  • Asia Pacific and Japan
  • Europe
  • Latin America
  • Middle East and Africa

The study offers data-driven insights and guidance of several aspects. Some of the more notable questions are:

  • What are the major recent trends that can influence the product life cycle and the RoI?
  • Which regulatory trends shape corporate-level, business-level, and functional-level strategies?
  • Which micromarketing initiatives of leading players will bring in investments?
  • What can be the best framework and tools for PESTLE analysis?
  • Which regions will witness rise in new opportunities?
  • Which are the game-changing technologies being used to capture new revenue streams in the near future?
  • Which operational and tactical frameworks are being adopted by various players in gaining customer loyalty?
  • What is the current and expected intensity of competition the market in the near future?

Disclaimer: This market research study is an ongoing effort and extreme care has been taken to maintain the highest levels of accuracy at all stages. However, in the light of the rapidly evolving business dynamics, some region-specific or other segment-specific changes may take time to be part of the study.

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Automated Freight Transport Market