Global Vehicle Routing and Scheduling Market Growth 2023-2029

Global Vehicle Routing and Scheduling Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Vehicle Routing and Scheduling Industry Forecast” looks at past sales and reviews total world Vehicle Routing and Scheduling sales in 2022, providing a comprehensive analysis by region and market sector of projected Vehicle Routing and Scheduling sales for 2023 through 2029. With Vehicle Routing and Scheduling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vehicle Routing and Scheduling industry.

This Insight Report provides a comprehensive analysis of the global Vehicle Routing and Scheduling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vehicle Routing and Scheduling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vehicle Routing and Scheduling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vehicle Routing and Scheduling and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vehicle Routing and Scheduling.

The global Vehicle Routing and Scheduling market size is projected to grow from US$ 2495.8 million in 2022 to US$ 4539.5 million in 2029; it is expected to grow at a CAGR of 4539.5 from 2023 to 2029.

North America is the largest market with about 48% market share. Europe is follower, accounting for about 31% market share.

The key players are Verizon Connect, Omnitracs, Trimble, Paragon, Descartes, BluJay, Manhattan Associates, Ortec, JDA, Oracle, Mercury Gate International, SAP, Cheetah Logistics Technology, WorkWave, Carrier Logistics etc. Top 3 companies occupied about 42% market share.

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.

Market Segmentation:

Segmentation by type
Single Depot
Multi Depot
Integrated Fleets

Segmentation by application
Retail
Manufacturing
Distribution & Services

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Verizon Connect
Omnitracs
Trimble
Paragon
Descartes
BluJay
Manhattan Associates
Ortec
JDA
Oracle
Mercury Gate International
SAP
Cheetah Logistics Technology
WorkWave
Carrier Logistics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Vehicle Routing and Scheduling market?

What factors are driving Vehicle Routing and Scheduling market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Vehicle Routing and Scheduling market opportunities vary by end market size?

How does Vehicle Routing and Scheduling break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.