Pandemic highlights critical relevance of digital yard management systems


Dublin, 01 Oct 2021 (GLOBE NEWSWIRE) – The report “Dock and Yard Management Systems – Global Market Trajectory and Analysis” has been added to ResearchAndMarkets.com offer.

In recent years, dock and yard management systems have been gaining traction as a replacement for various redundant manual processes, including dock reservation approvals, carrier movement tracking, and truck dock allocation. Dock and yard management systems, which can help streamline the complexities associated with dock and yard operations, include transportation management systems and warehouse management systems.

Amid the COVID-19 crisis, the global dock and yard management systems market, estimated at US $ 3.6 billion in 2020, is expected to reach a revised size of US $ 7.3 billion. ‘by 2026, with a CAGR of 12.5% ​​compared to the analysis. period. Warehouse Management Systems (WMS), one of the segments analyzed in the report, is expected to grow at a CAGR of 13.9% to reach $ 5 billion by the end of the analysis period.

After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of transport management systems is readjusted to a revised CAGR of 10.6% for the next 7 year period. This segment currently represents a 44.5% share of the global dock and yard management systems market.

The dock and yard management systems market in the United States is estimated at US $ 1.2 billion in 2021. The country currently accounts for a 31.99% share of the global market. China, the world’s second-largest economy, is expected to reach an estimated market size of US $ 764.4 million in 2026, with a CAGR of 14.6% during the analysis period. Other noteworthy geographic markets include Japan and Canada, each forecasting growth of 10.7% and 11.6% respectively during the analysis period. In Europe, Germany is expected to grow at a CAGR of around 12.3% while the rest of the European market will reach US $ 863 million by the end of the analysis period.

The market is poised to experience robust growth over the next few years, mainly attributed to the growing demand for solutions capable of streamlining logistics, maximizing logistics and warehouse operational efficiency, and minimizing costs and lead times. freight delivery. Logistics management systems as well as technologies are constantly evolving according to the constantly evolving requirements of customers. The increasing pressure on logistics companies to provide better services at a much lower cost has led to the increased adoption and deployment of dock and yard management systems, as these systems facilitate the improvement of accuracy in operations. warehouses and distribution centers, which in turn helps to reduce the additional costs incurred. during operations at these facilities. There has been a significant growth in the volume of goods transported around the world, which, along with just-in-time operating models, has placed considerable pressure on logistics centers, such as shipyards. The continuous increase in inbound and outbound operations at shipyards around the world has resulted in an increased demand for reliable and efficient dock and yard management systems that can help reduce the usual and costly logistical challenges faced by yard managers today. site.

Technological advancements, increasing digitization, and growing emphasis on improving the efficiency of supply chain management are other key factors driving the growth of the global Dock Management Systems market and from the courtyard. The increased requirement for legal compliance with dock and site safety regulations across the world is also dramatically increasing the demand for dock and site management systems. The rapid growth of the e-commerce industry, coupled with the increasing demand for rapid delivery of goods to gain competitive advantage, has created an increased demand for transportation and warehouse management systems. This in turn should further stimulate demand for dock and yard management systems in the coming years. In addition, the increasing demand for automated and real-time approaches for managing logistics and warehouse operations is likely to increase the growth of the market in the near future.

Selected Competitors (Total 279 featured) –

  • 4sight solution

  • C3 solutions

  • Descartes Systems Group

  • Epicor Software Company

  • Kelley Entrematic

  • Manhattan Associates, Inc.

  • Oracle Corporation

  • Royal 4 Systems

  • Softeon, Inc.

  • Zebra Co., Ltd.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Impact of COVID-19 pandemic and looming global recession: 2020 marked as a year of disruption and transformation

  • COVID-19 disruptions create conductive configuration for dock and yard management systems

  • Focus on contactless services bodes well for dock and yard management systems

  • COVID-19 Led Social Distancing Needs to Lead Court Management in an Automated Way

  • Pandemic highlights critical relevance of digital yard management systems

  • Impact of COVID-19 on major end-use industries

  • Manufacturing and machinery

  • Logistic transport

  • An introduction to dock and yard management systems

  • Warehouse Management Systems (WMS)

  • Transportation management systems (TMS)

  • Global Market Outlook and Outlook

  • The pandemic gives a boost to the growth of certain markets

  • Select the trends that influence the market

  • Regional analysis

  • Competitive scenario

  • Recent market activity

2. FOCUS ON CERTAIN PLAYERS

3. MARKET TRENDS AND FACTORS

4. WORLD MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETETION

For more information on this report, visit https://www.researchandmarkets.com/r/40i2nl

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About Candace Victor

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