High-tech Logistics Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 3.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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High-tech Logistics Market Analysis
The high-tech logistics market is expected to exhibit a CAGR of more than 3% during the forecast period. In the highly competitive global tech market, flexible, safe, and cost-effective logistics solutions are a top priority.
With the growing market of the high-tech industry, especially for consumer electronics, digital printing systems, MedTech, and various such sectors, the demand for a reduced cost and specialized logistics quality is increasing. Logistics players provide a range of specialized solutions for the high-tech market in response to its specificities which extend from product assembly, software installation, and customizations to value-added distribution to the end customer and installation.
Companies like DHL provide services to the computer industry as DHL Semiconductor Logistics provides a full suite of end-to-end solutions. The suite of services covers the entire value chain from inbound to manufacturing facilities to final distribution to end-users. It provides end-to-end visibility of products, full compliance with international regulations, and maximum security of sensitive and high-value goods.
Electronic products are strongly characterized by constant innovation, have logistics requirements specific to the industry. The outbreak of the COVID-19 has put the electronics industry under pressure owing to the slowdown in logistics, city shutdowns, and the unavailability of a workforce across the world. However, there has been an increase in the demand for laptops and related computer hardware as companies look to support their employees working from home. This demand is expected to negate some of the negative impacts caused by the outbreak.
High-tech Logistics Market Trends
This section covers the major market trends shaping the High-tech Logistics Market according to our research experts:
Growth in the High-tech Industry
The technology industry has been a catalyst for change for global enterprises, delivering innovative solutions and business impact to help them become more competitive. Innovation and technology transformation is happening across the sectors in manufacturing, transportation, healthcare, BFSI, social impact, government, and other verticals. Technology will play a critical role as an enabler for growth in governance, social paradigm, and various other sectors. With a growing semiconductor consumption and acceleration in electronics manufacturing activities, several hotspots have emerged in this segment supported by the high-tech and electronics segment.
Key products in the high-tech consumer goods segment demanding flexible, sensitive, and transparent transportation solutions include mobile phones, tablets, LED lights, and flat panel display products.
China is the Largest Market
China is the largest producer and exporter of consumer electronics in the world. It has the world's most extensive electronics manufacturing units and supply chain exceeding Japan with more than five times the electronics suppliers and a huge labor force of manufacturing workers. Electronics is a sector that is constantly evolving in response to trends, market changes, and advanced technology. Products under this sector easily become obsolete due to rapid product development and paced production. China's production parallels more than one-third of the global consumer electronics manufacturing productivity. China accounts for a value of about USD 1.09 billion, which was about 42% of the total exports of China in the year 2019. However, the actual value is expected to be significantly higher considering that exports through Hong Kong usually originate from Mainland China.
High-tech Logistics Industry Overview
The high-tech logistics market is fairly fragmented, with a good number of companies active in the market. Companies like DB Schenker, Aramex, and DHL Global Forwarding are some of the major players operating in the market. To remain aggressive and improve performance, keeping up with modern technology is a necessity for the logistics players in the market. The companies are working on developing features like flexibility and openness to coordinated technological efforts as they explore the continually changing worldwide economy. The companies are also under significant pressure to manage costs and minimize time to market.
High-tech Logistics Market Leaders
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DB Schenker
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Rhenes Logsitics
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Aramex
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DHL Global Freight Forwarding
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CH Robinson
*Disclaimer: Major Players sorted in no particular order
High-tech Logistics Market News
March 2021: Rhenus High Tech joined TENESO, one of the largest cross-border high-tech transport companies in Europe, as a co-shareholder in the company, enabling the strengthening of its existing European network structures for high-tech logistics.
May 2020: cargo-partner, the international transport and info-logistics provider, set up a dedicated department for high-tech logistics at its headquarters near Vienna Airport. The services range from time-definite delivery with a dedicated vehicle fleet up to on-site installation, customer training, and specialized warehousing solutions.
High-tech Logistics Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
- 2.1 Analysis Methodology
- 2.2 Research Phases
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview (Current Market Scenario of High-tech Logistics)
- 4.2 Technological Trends and Automation in the Logistics Industry
- 4.3 Impact of COVID-19 on the Market (Short- and Long-term Effects on the Market)
- 4.4 Government Regulations Related to High-tech Logistics
- 4.5 Insights into E-commerce and its Impact on the High-tech and High-tech Logistics Industries
- 4.6 Insights into Reverse Logistics in the High-tech Supply Chain (Importance, Challenges, Trends, etc.)
- 4.7 Spotlight on the Tech-enabled Logistics Market
5. MARKET DYNAMICS
- 5.1 Market Drivers
- 5.2 Market Restraints/Challenges
- 5.3 Market Opportunities
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5.4 Industry Attractiveness - Porter's Five Forces Analysis
- 5.4.1 Threat of New Entrants
- 5.4.2 Bargaining Power of Buyers/Consumers
- 5.4.3 Bargaining Power of Suppliers
- 5.4.4 Threat of Substitute Products
- 5.4.5 Intensity of Competitive Rivalry
6. MARKET SEGMENTATION
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6.1 By Service
- 6.1.1 Transportation
- 6.1.2 Warehousing and Inventory Management
- 6.1.3 Value-added Warehousing and Distribution
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6.2 By Product Category
- 6.2.1 Consumer Electronics
- 6.2.2 Semiconductors
- 6.2.3 Computers and Peripherals
- 6.2.4 Telecommunication and Network Equipment
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6.3 By Geography
- 6.3.1 North America
- 6.3.2 Europe
- 6.3.3 Asia-Pacific
- 6.3.4 Middle-East and Africa
- 6.3.5 South America
7. COMPETITIVE LANDSCAPE
- 7.1 Market Concentration Overview
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7.2 Company Profiles
- 7.2.1 DB Schenker
- 7.2.2 Rhenus Logistics
- 7.2.3 Aramex
- 7.2.4 DHL Global Forwarding
- 7.2.5 CH Robinson
- 7.2.6 AP Moller- Maersk
- 7.2.7 BLG Logistics
- 7.2.8 Ceva Logistics
- 7.2.9 Agility Logistics
- 7.2.10 Kerry Logistics
- 7.2.11 DSV Panalpina
- 7.2.12 Geodis
- 7.2.13 Kuehne + Nagel
- 7.2.14 GEFCO Group*
- *List Not Exhaustive
- 7.3 Other Companies (Key Information/Overview)
8. FUTURE OF THE MARKET
** Subject To AvailablityHigh-tech Logistics Industry Segmentation
High-tech logistics refers to the logistics solutions provided for the high technology industries. It involves the transportation of sensitive, fragile, and high-value goods to retailers and final clients from highly specialized supply facilities.
The report provides a comprehensive background analysis of the high-tech logistics market, covering the current market trends, restraints, technological updates, and detailed information on various segments and the competitive landscape of the industry. The impact of COVID-19 has also been incorporated and considered during the study.
The high-tech logistics market is segmented by service (transportation, warehousing and inventory management, and value-added services), product category (consumer electronics, semiconductors, computers and peripherals, and telecommunication and network equipment), and geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America).
| By Service | Transportation |
| Warehousing and Inventory Management | |
| Value-added Warehousing and Distribution | |
| By Product Category | Consumer Electronics |
| Semiconductors | |
| Computers and Peripherals | |
| Telecommunication and Network Equipment | |
| By Geography | North America |
| Europe | |
| Asia-Pacific | |
| Middle-East and Africa | |
| South America |
High-tech Logistics Market Research FAQs
What is the current High-tech Logistics Market size?
The High-tech Logistics Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in High-tech Logistics Market?
DB Schenker, Rhenes Logsitics, Aramex, DHL Global Freight Forwarding and CH Robinson are the major companies operating in the High-tech Logistics Market.
Which is the fastest growing region in High-tech Logistics Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in High-tech Logistics Market?
In 2024, the Asia Pacific accounts for the largest market share in High-tech Logistics Market.
What years does this High-tech Logistics Market cover?
The report covers the High-tech Logistics Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the High-tech Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
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