Vehicle routing and scheduling is a mature market. Fleet routing and scheduling solutions are specialized transportation management applications aimed at organizations that directly or indirectly control and manage shipping assets and resources. These tools are typically used to develop route plans that meet the delivery objectives at minimal cost/mileage based on the firm's input (such as from orders), rules and constraints. The aim is to minimize transportation costs while satisfying feasibility constraints as to when and where stops are made, what can be loaded in each vehicle, and what routes drivers can serve.
The Global Vehicle Routing and Scheduling market is expected to reach $ 3671.38 million by 2025 from $ 1881.59 million in 2017, growing at an average growth rate of 8.71% from 2017 to 2025. Major factors driving growth of this market include the rapid development of IoT, Consumption upgrade and increasing disposable income in emerging economies. However, the average more than 60%gross margin in this field will make it lure to expansion for most of the companies and new entrants.
From the view of region, the United States has largest market share of 45.19% in the world in 2017. The Europe hold the smaller market share which account 30.44% in 2017, they will witness their faster growth in the next few years with the development of economy in these regions.
According to this study, over the next five years the Vehicle Routing and Scheduling market will register a 8.6% CAGR in terms of revenue, the global market size will reach US$ 3090 million by 2024, from US$ 1880 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Vehicle Routing and Scheduling business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Vehicle Routing and Scheduling market by product type, application, key manufacturers and key regions and countries.
This study considers the Vehicle Routing and Scheduling value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Single Depot
Multi Depot
Integrated Fleets
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Retail
Manufacturing
Distribution & Services
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Verizon Connect
Omnitracs
Trimble
Paragon
Descartes
BluJay
Manhattan Associates
Ortec
JDA
Oracle
Mercury Gate International
SAP
Cheetah Logistics Technology
WorkWave
Carrier Logistics
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Vehicle Routing and Scheduling consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Vehicle Routing and Scheduling market by identifying its various subsegments.
Focuses on the key global Vehicle Routing and Scheduling manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vehicle Routing and Scheduling with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Vehicle Routing and Scheduling submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Vehicle Routing and Scheduling . Industry analysis & Market Report on Vehicle Routing and Scheduling is a syndicated market report, published as Global Vehicle Routing and Scheduling Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Vehicle Routing and Scheduling market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.