Market Size of High-tech Logistics Industry
| 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 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 Size Summary
The high-tech logistics market is poised for steady growth, driven by the increasing demand for specialized logistics solutions in sectors such as consumer electronics, digital printing systems, and MedTech. As the high-tech industry expands, logistics providers are responding with tailored services that include product assembly, software installation, and value-added distribution. Companies like DHL are at the forefront, offering comprehensive end-to-end solutions that ensure product visibility, regulatory compliance, and security for high-value goods. The market is characterized by its need for flexibility and transparency, particularly in the transportation of sensitive products like mobile phones and flat panel displays. Despite challenges posed by the COVID-19 pandemic, such as logistics slowdowns and workforce shortages, the demand for electronics, particularly laptops, has surged, helping to mitigate some negative impacts.
The high-tech logistics sector is highly competitive and fragmented, with major players like DB Schenker, Aramex, and DHL Global Forwarding actively participating. These companies are leveraging modern technology to enhance flexibility and coordination in their operations, aiming to reduce costs and accelerate time to market. The market's growth is further supported by the rapid innovation and transformation within the technology industry, which spans various sectors including manufacturing, transportation, and healthcare. China remains a dominant force in the global consumer electronics market, with its extensive manufacturing capabilities and supply chain infrastructure. The strategic developments in high-tech logistics, such as Rhenus High Tech's partnership with TENESO and cargo-partner's establishment of a dedicated high-tech logistics department, highlight the ongoing efforts to strengthen network structures and improve service offerings in this dynamic market.
High-tech Logistics Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview (Current Market Scenario of High-tech Logistics)
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1.2 Technological Trends and Automation in the Logistics Industry
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1.3 Impact of COVID-19 on the Market (Short- and Long-term Effects on the Market)
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1.4 Government Regulations Related to High-tech Logistics
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1.5 Insights into E-commerce and its Impact on the High-tech and High-tech Logistics Industries
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1.6 Insights into Reverse Logistics in the High-tech Supply Chain (Importance, Challenges, Trends, etc.)
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1.7 Spotlight on the Tech-enabled Logistics Market
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2. MARKET SEGMENTATION
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2.1 By Service
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2.1.1 Transportation
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2.1.2 Warehousing and Inventory Management
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2.1.3 Value-added Warehousing and Distribution
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2.2 By Product Category
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2.2.1 Consumer Electronics
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2.2.2 Semiconductors
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2.2.3 Computers and Peripherals
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2.2.4 Telecommunication and Network Equipment
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2.3 By Geography
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2.3.1 North America
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2.3.2 Europe
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2.3.3 Asia-Pacific
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2.3.4 Middle-East and Africa
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2.3.5 South America
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High-tech Logistics Market Size 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.
