The Latin America, Middle East and Africa Energy Logistics Market would witness market growth of 17.9% CAGR during the forecast period (2022-2028).
The advent of last-mile deliveries combined with logistics automation increased productivity, and increased worker safety opening up new development opportunities for major market players. Increased trade agreements, the development of tech-driven energy logistics services, the widespread use of IoT-enabled linked devices, and improved wind energy production capacities all contribute to the market's expansion.
The energy industry is undergoing significant growth. The supply chain is under pressure from new traditional energy sources, increasing demand, and ongoing technological advancements in novel energy producing methods. Transport for renewable energy sources has seen a rise in demand globally over the past few years, and Spain is one of the few nations regarded as a manufacturer of materials and components used in the installation of renewable energy sources.
The United Arab Emirates is well renowned for having a thriving economy. Although the UAE is home to numerous prosperous industries, the oil and gas industry is the one that drives the country's economy. In actuality, Abu Dhabi is among the world's top energy producers. There are several business chances available if you wish to participate in this expanding sector. The UAE's oil and gas firms require a variety of services, including equipment, logistics, oil rigs, transportation, and more. Additionally, the nations in this region are gradually making the shift to economic growth and the adoption of cutting-edge technologies. All these elements would support the growth of the energy logistics market in LAMEA region over the projected period.
The Brazil market dominated the LAMEA Energy Logistics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $17,962.7 million by 2028. The Argentina market is registering a CAGR of 18.6% during (2022 - 2028). Additionally, The UAE market would generate a CAGR of 17.6% during (2022 - 2028).
Based on End-User, the market is segmented into Private Sector and Government Sector. Based on Mode of Transport, the market is segmented into Roadways, Airways, Waterways, and Railways. Based on Application, the market is segmented into Oil & Gas, Renewable Energy, Power Generation, and Energy Mining. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Energy Logistics Market is Predict to reach $877.4 Billion by 2028, at a CAGR of 14.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BYD Company Ltd., Deutsche Bahn AG (DB Schenker), C.H. Robinson Worldwide, Inc., Yusen Logistics Co., Ltd. (Nippon Yusen Kabushiki Kaisha), A.P. Moller - Maersk A/S, DSV A/S, Kuehne + Nagel International AG, Deutsche Post DHL Group, and Hellmann Worldwide Logistics SE & Co. KG.
By End-User
By Mode of Transport
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