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Transportation and Logistics Carbon Management System Market Trends

Report ID: GMI11501
Published Date: Sep 2024
Report Format: PDF

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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.

Authors: Ankit Gupta, Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

The market size of transportation & logistics carbon management system reached USD 2.4 billion in 2023 and is expected to grow at a rate of 8.7% from 2024 to 2032, led by increasing demand for supply chain transparency and the rise of corporate sustainability goals.

The cloud-based deployment segment is expected to grow at over 8% by 2032. These systems provide scalability and flexibility, allowing real-time data collection and insights into carbon emissions, enhancing sustainability performance.

The U.S. market is anticipated to exceed USD 1 billion by 2032, driven by federal and state economic incentives such as subsidies, tax credits, and grants, encouraging the adoption of carbon management solutions.

Some prominent players include Accuvio, Carbon Footprint, Dakota Software, Envirosoft, Engie, EnergyCap, SAP, Salesforce, and Schneider Electric, among others.