Last-mile Delivery Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

The delivering process of a consignment, object, or goods into box or envelope from the transportation hub to a final delivering destination is called last-mile delivery. Increase in penetration of internet and expansion of the e-commerce industry has propelled the demand of the last-mile delivery market. The global last-mile delivery market is expected to expand during the forecast period, as the penetration of the internet and preferences of customers for shopping are changing. This, in turn, is anticipated to drive consumer spending on online shopping, which is expected to be ultimately delivered to the customer via a parcel.

However, this is projected to require a transportation hub that houses the parcel and delivery person for delivering it to the end-customer. Expansion of transportation and automotive industries has propelled the last-mile delivery market, as it has made last-mile delivery easy, safe, and convenient. Moreover, rise in globalization is also anticipate to boost the last-mile delivery market. Adoption of new technologies, logistic methods, and innovative vehicles is likely to drive the last-mile delivery market. Consistent demand for local delivery, groceries, food commodities, agricultural goods, and small delivery is expected to offer significant opportunities to key players in the last-mile delivery market.

Transportation of goods and services to a small region or territory is a major driver of the last-mile delivery market. Increase in demand for parcel in e-commerce, mails (postal), online food, etc., is driving the last-mile delivery market. Major restraints of the last-mile delivery market include transportation strikes and prices of fuel.

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The global last-mile delivery market can be segmented based on customer, end-user, vehicle type, service, and region. Based on customer, the last-mile delivery can be segregated into B2C and B2B. The B2C segment holds a major share of the market. Based on end-user, the last-mile delivery market can be bifurcated into retail, groceries, food, mails, and packages. In last-mile delivery, road transportation is widely preferred for the transportation of packages from transportation hub to the end-user destination, as this way of transportation is safe, secure, and efficient. Based on vehicle type, the last-mile delivery market can be differentiated into motorcycles, drone, LCV and HCV.

LCV and HCV is further sub-segmented into pick-ups, vans, and trucks & Lorries. Motorbikes are preferred for the last-mile delivery of small packages, as they are easy and convenient to use and are cost-effective. In terms of region, the global last-mile delivery market can be segmented into Europe, Middle East & Africa, Latin America, Asia Pacific, and North America. Asia Pacific is expected to be a major market for last-mile delivery, as this region is home to major industries and automobile manufacturers. China and India contribute to the increase in demand for last-mile delivery, as these countries have high export and import of goods, which drives the last-mile delivery market in the region. Furthermore, increase in digital buyers (buyers which purchase goods via internet) has increased the demand of the last-mile delivery market in these countries as the increase of couriers and parcel will be increased.

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Key players operating in the global last-mile delivery market include Deppon Logistics Co. Ltd, STO Express Co.Ltd, Cainiao Logistics, China Post Express Logistics Co. Ltd/Express Mail Service (EMS), United Parcel Service of America, Inc., DHL International GmbH, FedEx Corporation, Schneider National Inc., XPO Logistics Inc., Ekart Logistics and Amazon.com, Inc.

Internet of Things Testing Market: Latest Trends and Forecast Analysis up to 2025

The Internet of things (IoT) represents a giant network of interconnected devices or things that are embedded in the existing internet infrastructure. These things can include a variety of objects such as electronics devices, vehicles, equipment, sensors, and consumer appliances. The concept may signify the sharing of data and information with people and animals connected to the infrastructure in near-real time. The proliferation of connected devices and the soaring popularity of IoT among enterprises in developed and developing nations have led to the pressing need for Internet of Things testing mechanisms. Developing an effective IoT testing mechanism foregrounds evaluating key aspects such as compatibility and usability of the interconnected devices, security of the network, the connectivity, and overall performance of the system. Furthermore, enterprises implementing IoT should take into account the integration of new devices and technologies with the existing network. A number

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Noise suppression refers to the methods of reducing and eliminating the effects of unwanted and undesirable sound effects and electrical disturbances which occurs when the level of signal carrier is greater than the noise level. Noise causes intrusion in many electrical devices. However, there are rules to suppress noise, because noise which does not affect a particular electrical device may affect some other electrical device. Further, an electronic device is known as ‘emission’ if it is itself the source of unwanted noise and it is referred to as immunity if the concerned electronic device is the victim of unwanted noise. Electromagnetic interference (EMI) and electromagnetic compatibility (EMC) has made the issue of noise suppression important. Some of the examples of noise suppression components are electromagnetic interference suppression filter which is an electronic component which provides electromagnetic noise suppression techniques for electronic goods. The function of the e

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