London, 13 August 2015: Technavio, the independent tech-focused global research firm, has published a report on the warehousing and storage market in the US 2015-2019, which is expected to grow at a CAGR of 6.93% during the forecast period of 2014-2019.
The warehouse and storage infrastructure in the US is characterized by large storage spaces specialized to store a wide range of products. Warehouse operators have their own fleet of vehicles for logistics operations that streamline the supply chain process.
“Manufacturing companies in the US are expanding their production capacities and operations, which leads to an increase in the logistics needs in terms of storage of raw materials and finished goods for retailers and distributors,” says Faisal Ghaus, Vice President of Technavio.
“Regular professional training and certifications for staff (related to some areas of warehouse operations) are obligatory and subject to rigorous enforcement.”
Key Market Drivers
- Growth in Export Activities
- Growth in Economies
- Growth in Infrastructure
- Outsourcing of Warehouse Operations
Key Market Trends
- Energy-efficient Warehouses
- Adoption of WMS
- Differentiated Value-added Services Offered by Vendors
- Increase in M&A
Key Market Vendors
- AmeriCold Logistics LLC
- CEVA Logistics
- Deutsche Post DHL
- GENCO
- Kuehne + Nagel Inc.
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
