In this fast-paced era of technology, every industry is evolving every single day. This evolution is especially important to keep up with the modern standards of industry. One major factor that has entirely changed consumer behavior is the pandemic. Pandemic has changed the dynamics of every business, along with consumer behavior. Everything has gone digital, and technology is replacing all manual tasks.
The lens of logistics industry is going to change in the future. It is gradually changing and will continue to change. Companies like PackageX and others have kept this focus in view, and they are constantly using cutting-edge technology to keep up with the industry standards. Some mail management software are already using AI scanning to speed up the management operations. There are several changes that will take place in the future in the logistics industry. What are those? How are logistics companies working towards this goal? These are some of the very important factors to look at. Let’s have a look!
Future of Logistics Industry
According to Statista, drone sales will triple in 2025 as compared to 2020. Moreover, it is forecasted that the drone delivery market will be worth around 1.68 billion US dollars in 2025. This is just one statistic that shows how quickly the logistics industry is adapting to change. There are several narratives that will shape up the future of the logistics industry.
- Package Delivery Drones
- Autonomous Cars
- Package Delivery Robots
1. Package Delivery Drones
Shipping by drones has already started and is increasing every single day. This is a major placeholder in the future of the logistics industry. Companies like Google, Amazon and others have been exploring the option of drone delivery with Amazon that has introduced Amazon Air. Another Irish company MANNA has been able to implement drone technology effectively. Moreover, shipping through drones is relatively cheaper than shipping packages and mail via conventional services. This is a major breakthrough for the future of logistics. The report by Digital Journal shows that the drone package delivery market will be worth $39,013 Million by 2030 which accounts for a huge number.
This trend is growing exponentially faster and has a lot of scope. The time to deliver packages has reduced and drone deliveries don’t have to face traffic related issues that can cause delays. It is actually useful in the post-pandemic world that is all about contactless delivery. One of the major benefits of drone delivery is contactless delivery and reduces the risk of virus transmission. All these benefits point to drone package delivery being extremely important in the future of parcel delivery.
2. Autonomous Cars
A report by PMI suggests that the autonomous vehicles market was worth 68.7 billion UAAAAAAS Dollars in 2019 and it will continue to increase to 196.2 billion by 2025. This is another technological advancement in the industry which will shape the future of logistics. Companies like Tesla, Gatik and Amazon are testing self-driven vehicles that will shape the future of e-commerce delivery. The increased demand for contactless delivery after the pandemic also accelerated the need for shipping through autonomous cars.
With the success of this technology, it could be a game changer for the logistics industry. It offers benefits like lower costs, freight and delivery times coupled with improved utilization of fuel. With such vehicles, customers can pick up their own packages and mail with complete access to the tracking information. Since these vehicles do not require human beings, they can work for longer hours with fewer breaks. They would require regular maintenance but working with such vehicles will improve accuracy. They use less gas and maintain better engine health. All in all, these vehicles offer an effective and cleaner supply chain.
3. Package Delivery Robots
Robots? This is the technology that will always be new and will continue to grow in every field. In the logistics industry, delivery robots comprise containers on six wheels that drive parcels over to the desired location. One of the most important features that it has to offer is quick delivery. Shipping packages and mail through robots is also very cost-effective.
Such an example can be seen by Starship Technology Delivery Robots, that requires the customer to download the app and pay a monthly subscription of only $10. The chances of robots reaching their desired location without failure are also very high. Isn’t it amazing? These robots have built-on alarms that notify the company in case of any disruption. Furthermore, they are equipped with GPS, a programmed map, speakers, and microphones to communicate in an efficient manner. This area of technology still requires a lot of research and comes with security concerns. These robots are dependent on Wi-Fi or Bluetooth and the availability of the connection at all times is very important.
Still, the delivery robots will contribute a lot to the future of logistics.
The future of logistics is all about the use of cutting-edge technology. Companies are making full use of this technology to reshape the future of logistics. The post pandemic era is all about using the latest technology and catering to customer demands. It is also important to stay up to date with the technology to stay ahead of the competition and customer demands.
Companies should focus more on the logistics services of the businesses and make sure the delivery of every mail and package is as swift as possible. This will not only help the businesses to improve their customer satisfaction but also help to improve credibility of the business. What are you waiting for? Look for the right technology that fits your business and get your hands asap on the technology and transform the logistics operations of your business!
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