Global Storage and Warehouse Leasing Market 2018-2022| Increased Use of Technology to Drive Growth| Technavio
LONDON--(BUSINESS WIRE)--Oct 2, 2018--The global storage and warehouse leasing market research report by Technavio predicts the market to post a CAGR of close to 7% during the period 2018-2022.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181002005869/en/
Technavio has published a new market research report on the global storage and warehouse leasing market for the period 2018-2022. (Graphic: Business Wire)
A key driver for the global storage and warehouse leasing market is the increase in the global demand for the warehousing and storage market. During the forecast period, the global warehousing and storage market is anticipated to witness a CAGR of almost 6%. This will boost the demand for leased warehouse and storage facilities around the world as the construction of new warehouse and storage facilities is a capital-intensive task.
This research report also provides an analysis of the most important trends expected to impact the market outlook during the period 2018-2022. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
In this report, Technavio highlights the increased use of technology for the modernization of warehouses will be one of the key trends in the global storage and warehouse leasing market:
Global storage and warehouse leasing market: Increased use of technology for the modernization of warehouses
Owing to the increased use of technology, the benefits of the supply chain are being offered to the storage and warehousing service providers. The vendors provide tools and techniques for the automation of business processes, integration of cross-functional business process components, and the effective identification, tracking, quantification, and reporting on various sustainability drivers.
“The warehousing operations can be made economical using battery-driven or automated guided vehicles, radio frequency identification-enabled tags, automated conveyor belts, automated storage systems, and warehouse management systems. The warehouse equipped with automated storage and retrieval system uses 40% lesser space than conventional warehouses to store the same volume of products,” says a senior analyst at Technavio for research on warehouse and storage.
Global storage and warehouse leasing market: Segmentation analysis
This storage and warehouse leasing market analysis report segments the market by type of storage and warehouse facility (non-climate-controlled storage and warehouse facility and climate-controlled storage and warehouse facility) and geography (the Americas, APAC, and EMEA).
The Americas led the market in 2017 with close to 44% of the market share, followed by APAC and EMEA respectively. The Americas is expected to dominate the market throughout the period 2018-2022.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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 .
View source version on businesswire.com:https://www.businesswire.com/news/home/20181002005869/en/
CONTACT: Technavio Research
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY TRANSPORT OTHER TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE
SOURCE: Technavio Research
Copyright Business Wire 2018.
PUB: 10/02/2018 12:38 PM/DISC: 10/02/2018 12:38 PM