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Base Year: 2023
Companies covered: 18
Tables & Figures: 28
Countries covered: 17
Pages: 80
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Transportation and Logistics Carbon Management System Market
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Transportation & Logistics Carbon Management System Market Size
The global transportation & logistics carbon management system market size was valued at USD 2.4 billion in 2023 and is set to grow at a CAGR of 8.7% from 2024 to 2032. Increasing demand for supply chain transparency across transportation & logistics along with increasing corporate sustainability goals is creating a positive market outlook across the globe.
In addition, with the rise in e-commerce and global trade, consumers and businesses are demanding more transparency in supply chain carbon footprints. Carbon management systems help logistics companies track and report emissions across the entire supply chain, enabling better decision-making and alignment with sustainability commitments.
Increasing pressure on companies to meet sustainability targets is encouraging businesses in transportation and logistics to adopt carbon management solutions. Companies are integrating these systems to monitor, report, and reduce emissions, aligning with global sustainability initiatives and improving brand reputation, which in turn is bolstering the business landscape.
Transportation & Logistics Carbon Management System Market Trends
Advancements in technology along with regulatory pressure towards minimizing the emissions from transportation sector is fuelling the adoption of carbon management solutions, which in turn is fuelling the market growth. Innovations in data analytics, Internet of Things (IoT), and artificial intelligence (AI) have made carbon management systems more sophisticated.
As a result, these technologies enable real-time monitoring, predictive analytics, and automated reporting, helping companies optimize routes and reduce fuel consumption. In addition, governments worldwide, particularly in Europe and North America are tightening regulations on carbon emissions from the transportation and logistics sectors. Compliance with carbon reduction mandates, such as the European Union’s Green Deal is further driving the adoption of carbon management systems.
Transportation & Logistics Carbon Management System Market Analysis
Based on component, the market is categorized into solution & services. The solution industry is anticipated to surpass USD 2.6 billion by 2032. Providers of carbon management solutions are stepping up their game by offering strategic low carbon alternatives consulting. They work together with organizations, crafting all-encompassing sustainability strategies that encompass ESG reporting, carbon reduction, and climate risk assessment, which in turn is catering to favourable business scenario.
Based on deployment, the transportation & logistics carbon management system market is segmented as cloud & on-premise. The cloud-based deployment industry will grow at a rate of over 8% by 2032. Cloud-based carbon management systems offer scalability and flexibility, allowing organizations to adapt their carbon data management and analytics capabilities as needed. These systems enable real-time data collection and analysis, providing organizations with current insights into their carbon emissions and sustainability performance.
The U.S. transportation & logistics carbon management system market is anticipated to exceed USD 1 billion by 2032. In the market, economic incentives play a critical role in encouraging adoption. Federal and state governments provide subsidies, tax credits, and grants to companies that implement carbon reduction strategies and sustainable practices. These financial benefits, coupled with potential long-term cost savings from fuel optimization and increased efficiency, make carbon management solutions an attractive investment for manufacturers aiming to meet environmental regulations and improve profitability.
Rising demand for sustainable products from both consumers and businesses is fuelling market growth across the European region. As environmental awareness grows, there’s a strong preference for products with reduced carbon footprints. Manufacturers that actively implement carbon management practices gain a competitive edge, as they can meet this demand while showcasing their commitment to sustainability further enhancing their market position.
Transportation & Logistics Carbon Management System Market Share
SAP, IBM, Envirosoft, Accuvio, and Schneider Electric are among the key industry participants in the transportation & logistics carbon management system industry. Industry-wide collaborations and initiatives to reduce collective carbon footprints are promoting sustainability practices. These collaborative synergies boost knowledge sharing, innovation, and the adoption of best practices, driving the growth of the carbon management market in the manufacturing sector.
Transportation & Logistics Carbon Management System Market Companies
Some of the key market players operating across the transportation & logistics carbon management system industry are:
Transportation & Logistics Carbon Management System Industry News
This transportation & logistics carbon management system market research report includes an in–depth coverage of the industry with estimates & forecast in terms of revenue in ‘USD Billion’ from 2021 to 2032, for the following segments:
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Market, By Component
Market, By Deployment
The above information has been provided for the following region & countries: