According to the latest report by IMARC Group, titled “India Freight Transportation Management Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the india freight transportation management market exhibited strong growth during 2015-2020 and expects the market to grow at a CAGR of 12% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Freight transportation management aids in planning, optimizing, and executing the movement of goods between the supplier and the consignee. This includes the integration of technology, expertise, human resources, etc., to facilitate coordination for maintaining the supply chain. Freight transportation management systems improve shipping efficiency, reduce overhead freight expenses, provide real-time supply chain visibility, etc. Owing to this, they are extensively used by manufacturers, retailers, distributors, third-party logistics (3PL) providers, etc., across various industry verticals, including pharmaceuticals, automobiles, FMCG, etc.
The emergence of the ‘Make in India’ initiative and the elevating levels of industrialization are strengthening the market for freight transportation management. Moreover, the rising adoption of tank wagons to supply different industrial materials, including refined petroleum products, oil and gas, chemicals, etc., are also augmenting the product demand. Additionally, the growing investments by the Indian government for developing dedicated freight corridors (DFC) and upgrading the existing transportation infrastructures are acting as another growth-inducing factors. Besides this, the sudden outbreak of the COVID-19 pandemic is catalyzing the demand for transportation of PPE kits, vaccines, oxygen concentrators, etc., thereby bolstering the market growth. Furthermore, the expanding e-commerce sector, along with the increasing number of warehouses and storage facilities, is expected to bolster the India freight transportation market over the forecasted period.
India Freight Transportation Management Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the india freight transportation management market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Blue Yonder Group Inc. (Panasonic Corporation)
- BluJay Solutions Ltd.
- H. Robinson Worldwide Inc.
- Manhattan Associates
- SAR Transport Systems India Private Limited
Key Market Segmentation:
The report has segmented the india freight transportation management market on the basis of solutions, services, deployment type, organization size, mode of transport, vertical and region.
Breakup by Solutions:
- Freight Transportation Cost Management
- Freight Security and Monitoring Systems
- Freight Mobility Solutions
- Freight Operation Management Solutions
- Freight 3PL Solutions
- Freight Information Management Solutions
- Warehouse Management System
Breakup by Services:
- Business Services
- Managed Services
- System Integration
Breakup by Deployment Type:
Breakup by Organization Size:
- Small Medium Business (SMBs)
- Large Business
Breakup by Mode of Transport:
Breakup by Vertical:
- Consumer and Retail
- Aerospace and Defense
- Pharmaceutical and Healthcare
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-freight-transportation-management-market
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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