The Europe High-tech Logistics Market is expected to witness market growth of 11.2% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe High-tech Logistics Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of USD6.15 billion by 2031. The UK market is exhibiting a CAGR of 10.1% during 2024-2031. Additionally, the France market would experience a CAGR of 12% during 2024-2031.
At its core, these logistics aims to optimize supply chains by improving visibility, increasing speed, and reducing costs. Traditional logistics operations often relied on manual processes and outdated systems prone to inefficiencies, errors, and delays. Nevertheless, the emergence of technology has enabled logistics companies to optimize their performance by leveraging real-time data, automating repetitive tasks, and making data-driven decisions.
One of the key drivers of this market is the rise of e-commerce. According to statistics, the e-commerce industry has plenty of room to grow over the long term and could increase from USD3 trillion in 2022 to approximately USD5.5 trillion in 2026. The exponential growth of online shopping has placed immense pressure on logistics companies to deliver products quickly and efficiently.
The UK’s South Wales Compound Semiconductor cluster, which has already contributed £543 million in gross value added (GVA) to the UK economy, underscores the importance of these logistics in supporting the semiconductor industry’s growth. As this cluster expands, the logistics industry will see a corresponding demand for specialized solutions, including temperature-controlled transportation, real-time tracking, and automated warehousing systems to accommodate semiconductor manufacturing and distribution's highly technical and time-sensitive needs. Hence, such regional trends underscore Europe's leading role in advancing the high-tech logistics market.
The Germany market dominated the Europe High-tech Logistics Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of USD6.15 billion by 2031. The UK market is exhibiting a CAGR of 10.1% during 2024-2031. Additionally, the France market would experience a CAGR of 12% during 2024-2031.
At its core, these logistics aims to optimize supply chains by improving visibility, increasing speed, and reducing costs. Traditional logistics operations often relied on manual processes and outdated systems prone to inefficiencies, errors, and delays. Nevertheless, the emergence of technology has enabled logistics companies to optimize their performance by leveraging real-time data, automating repetitive tasks, and making data-driven decisions.
One of the key drivers of this market is the rise of e-commerce. According to statistics, the e-commerce industry has plenty of room to grow over the long term and could increase from USD3 trillion in 2022 to approximately USD5.5 trillion in 2026. The exponential growth of online shopping has placed immense pressure on logistics companies to deliver products quickly and efficiently.
The UK’s South Wales Compound Semiconductor cluster, which has already contributed £543 million in gross value added (GVA) to the UK economy, underscores the importance of these logistics in supporting the semiconductor industry’s growth. As this cluster expands, the logistics industry will see a corresponding demand for specialized solutions, including temperature-controlled transportation, real-time tracking, and automated warehousing systems to accommodate semiconductor manufacturing and distribution's highly technical and time-sensitive needs. Hence, such regional trends underscore Europe's leading role in advancing the high-tech logistics market.
List of Key Companies Profiled
- C.H. Robinson Worldwide, Inc.
- FedEx Corporation
- DP World Logistics FZE (SeaRates)
- Deutsche Post DHL Group (The Deutsche Post AG)
- Deutsche Bahn AG (DB Schenker)
- P. Moller - Maersk A/S
- Burris Logistics
- Wings Logistics Canada, Inc.
- Cosco Shipping Lines Co. Ltd.
- Broekman Logistics
Market Report Segmentation
By Service
- Transportation
- Warehousing & Storage
- Inventory Management
- Distribution & Fulfillment
By Industry
- Semiconductor Industry
- Consumer Electronics
- Medical Devices
- Telecommunications Equipment
- Aerospace & Defense Technologies
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe High-tech Logistics Market by Service
Chapter 6. Europe High-tech Logistics Market by Industry
Chapter 7. Europe High-tech Logistics Market by Country
Chapter 8. Company Profiles
Companies Mentioned
Some of the key companies in the Europe High-tech Logistics Market include:- C.H. Robinson Worldwide, Inc.
- FedEx Corporation
- DP World Logistics FZE (SeaRates)
- Deutsche Post DHL Group (The Deutsche Post AG)
- Deutsche Bahn AG (DB Schenker)
- A.P. Moller - Maersk A/S
- Burris Logistics
- Wings Logistics Canada, Inc.
- Cosco Shipping Lines Co. Ltd.
- Broekman Logistics
Methodology
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