Fourth Party Logistics Market
The Europe smart home appliances market valued at US$ 4.08 Bn in 2018 and is expected to grow at a CAGR of 13.9% during the forecast period 2019 – 2027, to generate US$ 12.94 Bn by 2027.
Smart home appliances present a great opportunity to reduce energy usage in residential buildings/households. Smart homes equipped with smart appliances are an integral part of smart grid development in any country. The demand for Europe smart home appliances market is expected to be driven by rising need for energy saving, increasing security concerns, and initiatives taken by government. Security concern is another factor fueling the growth of Europe smart home appliances market. However, standardization and Interoperability issues may hinder the Europe smart home appliances growth to certain extent.
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The automotive segment is one of the leading end-users with the second highest market share in Europe fourth party logistics market. The automotive industry is the most crucial sector contributing to economic development. Driven by factors such as globalization and changing market demands, car manufacturers are forced to provide a broad array of the vehicle with new models and options. The automotive industry is presumed to be continually evolving that could lead to complexities in the logistic processes. In a bid to tap on new market opportunities, reduce costs, and thereby maintain competitive advantage, the automotive companies have laid enhanced focus on their logistic strategies off late. Automotive is highly used among the fourth party logistics sector. Car manufacturers use logistic services from the point of production to transportation and delivery. Too efficiently and timely match up with dynamic requirements of customers, need for value-added logistic service is a foremost priority of the industrialist.
Rest of Europe is anticipated to lead the fourth party logistics market across the Europe region through the forecast period. Increasing transportation & logistics activities in countries such as Russia and Turkey have increased the demands for 4PL services in Rest of Europe market. Also, the NORDIC countries are said to house a large number of SMEs engaged in diverse industrial manufacturing. The concentration of manufacturing industries in the NORDIC region is another factor that has been driving the implementations of 4PL services. This will lead to the growth of the fourth party logistics market in this region.
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Table of Content:
PART 1. INTRODUCTION
1.1 SCOPE OF THE STUDY
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3 MARKET SEGMENTATION
1.3.1 Europe Fourth Party Logistics Market – By Type
1.3.2 Europe Fourth Party Logistics Market – By End-User
1.3.3 Europe Fourth Party Logistics Market – By Country
PART 2. KEY TAKEAWAYS
PART 3. RESEARCH METHODOLOGY
3.1 COVERAGE
3.2 SECONDARY RESEARCH
3.3 PRIMARY RESEARCH
PART 4. FOURTH PARTY LOGISTICS MARKET LANDSCAPE
4.1 MARKET OVERVIEW
4.2 ECOSYSTEM ANALYSIS
4.3 EUROPE PEST ANALYSIS
PART 5. FOURTH PARTY LOGISTICS MARKET – KEY INDUSTRY DYNAMICS
5.1 KEY MARKET DRIVERS
5.1.1 Increase in demand for 4PL services due to rising complexity in supply chain operations
5.1.2 Affinity of the retail end-users for supporting Omni-channel services
5.2 KEY MARKET RESTRAINTS
5.2.1 Confusion among the end-users choosing between 3PL and 4PL
5.3 KEY MARKET OPPORTUNITIES
5.3.1 Inbound procurement and supplier collaborations management for the manufacturing industry
5.4 FUTURE TRENDS
5.4.1 Implementation of software solutions for supply chain risk management
5.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
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