LONDON--(BUSINESS WIRE)--The latest market research report by Technavio on the global disaster relief logistics market predicts a CAGR of over 3% during the period 2018-2022.
The report segments the global disaster relief logistics market by services (relief and aid transportation and relief and aid logistics) and by geography (the Americas, EMEA, and APAC). It provides a detailed illustration of the major factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
Here are some key findings of the global disaster relief logistics market, according to Technavio transportation and logistics researchers:
- Increased need for handling logistics operations by professional logistics companies: a major market driver
- Increasing popularity of drones for disaster relief logistics: emerging market trend
- The Americas dominated the global disaster relief logistics market with more than 39% share in 2017
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers
Increased need for handling logistics operations by professional logistics companies: a major market driver
Increased need for handling logistics operations by professional logistics companies is one of the major factors driving the global disaster relief logistics market. Companies that offer disaster relief logistics services have the necessary resources and expertise. Companies get a chance to improve their brand image and their impact on the society by helping the society at times of disaster and through responsible actions. Private sector companies provide expertise, technology, vehicles, and other necessary resources that assist NGOs, aid agencies, and governments to improve their supply chain management.
According to a senior analyst at Technavio for research on logistics, “Logistics companies provide information and communication technology platforms, which help in rescue operations. Additionally, NGOs, aid agencies, and governments neither have the required qualified personnel nor have the infrastructure or necessary resources such as trucks to address problems in the supply chain such as the transportation and distribution of relief supplies that need to be carried out after a disaster.”
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Increasing popularity of drones for disaster relief logistics: emerging market trend
Unmanned aerial vehicles (UAV) are aircraft, which do not have a pilot aboard. These UAVs are usually referred to as drones. These UAVs are controlled remotely by a drone pilot. The applications of drones have been expanding beyond military, and they are increasingly being used in other sectors such as logistics, particularly in disaster-affected areas.
These drones can reach out areas that are impossible to reach due to the route damage caused by disasters or any other reason. These drones are helpful in providing essential supplies such as medicines, food, water, and clothing to points where it is not possible to reach out immediately. Furthermore, drones are presently being used to assess the situation after the disaster, evaluate the damage, and identify the areas that require immediate attention or supplies.
Global market opportunities
The disaster relief logistics market in the Americas held more than 39% of the market share in 2017 and the market in this region is expected to witness steady growth through 2022. The market share is increasing in the US because it is one of the developed economies of the world. At times of emergency in neighboring countries as well as within the country, relief supplies are mostly delivered through cargo aircraft. Most of the cities in the US have airports. This makes it possible to send relief by cargo aircraft. But sending relief supplies by cargo aircraft is costly in comparison to that by ships.
| Big savings with Technavio this February! |
|
Get 20% OFF on all Education Technology reports. This offer is valid only till the 28th of this month. |
| OR |
|
Celebrate winter sports with 23% OFF on all reports in the Outdoor Gear library (Offer valid from Feb 9-25). |
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com.
