Transportation and Logistics Market Insights—The Czech Republic

Transportation and Logistics Market Insights—The Czech Republic

New Technologies, Digital Infrastructure, and a Multimodal Transportation Network will Improve Efficiency in the Logistics Market

RELEASE DATE
24-Nov-2017
REGION
Europe
Research Code: 9AB2-00-95-00-00
SKU: TP00175-EU-MR_21156

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TP00175-EU-MR_21156

$1,500.00

$1,125.00 save 25 %

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Description

The Czech Republic’s economic growth is primarily driven by the increasing private consumption and the improving transport infrastructure. The country's geographical location favors trade with countries in Northern Europe and helps attract foreign investors. A key long-term factor that will contribute to the enrichment of the Czech Republic’s economy is the constructive partnerships between trade unions, the government, and companies. The Czech Republic is a member of the European Union and the European Monetary Union and has multilateral and bilateral trade agreements with several countries. The government has taken initiatives to streamline regulations, promote competition, and encourage entrepreneurship to support growth. The country is working on technology-oriented transport systems to become a key participant in smart mobility - mobility as a service (MaaS). Technology advancements, RFID, Augmented Reality, and the use of Pick-by-Voice and Pick-by-Light systems in warehouses are the key transformational trends in the Czech Republic.

Digitization will be the key factor driving the transportation sector. The major automotive ecosystem participants are investing in infrastructure development. Tech start-up companies are launching innovative products; however, only a few companies combine the old industrial knowledge with the new IT skills. Logistics providers are actively developing and introducing up-to-date technological solutions in intralogistics and external logistics, supply chain management, and distribution processes. Just-in-Time and Just-in-Sequence logistics technologies are being developed. Augmented Reality technologies are being actively used in the new class A warehouses across the country, which are equipped with modern WMS that allows for connectivity and monitoring using Pick-by-Vision through head-mounted screens and cameras.

Scope:
The aim of this insight is to research and analyze the key developments and trends related to economy and trade and the freight and transportation and the logistics and warehousing sectors in the Czech Republic.

Objectives:
• To provide an overview of the key factors driving the Czech Republic's economy and trade
• To analyze the role of the transport and logistics sector in driving the country’s economy
• To identify the initiatives undertaken by the government to improve efficiency and reduce logistics costs
• To furnish a detailed analysis of the advancement in digital technologies
• To provide an in-depth analysis of how the traditional value chain is transformed as a result of technology advancements, e-Commerce growth,
regulatory changes, and investment
• To identify the emerging opportunities as a result of economic and technology transformations and how they are expected to change the
competitive environment

Table of Contents

Key Findings

Outlook and Insights

Research Scope and Methodology

Transportation and Logistics Market Insights

Key Questions this Study will Answer

Economic Growth is Fuelled by Strong Domestic Demand

GDP Growth Trends

Growth Trends in the Transportation and Storage Sector

Nominal GDP Forecast

External Trade and Current Account Balance

Inflation Rate

Export by Region

Top Import and Export Partners

Key Macro Developments

Transportation and Logistics Market

Transport Price Index

Transport Labor Cost Index

Road Freight

Air Freight

New Truck Registration Trends

Road Freight Composition

Overview of Transportation Technologies

Innovation and Technology Trends

Transportation—OEM Outlook

Logistics Market Developments

Logistics Outsourcing Trends

Warehousing Rent

Regional Warehousing Market Developments

Warehousing Market Insights

Outlook and Insights

Growth Opportunity—Transportation, Warehousing, and Logistics

Strategic Imperatives for Success and Growth

The Last Word

Legal Disclaimer

The Frost & Sullivan Story

Value Proposition—Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy

Related Research
The Czech Republic’s economic growth is primarily driven by the increasing private consumption and the improving transport infrastructure. The country's geographical location favors trade with countries in Northern Europe and helps attract foreign investors. A key long-term factor that will contribute to the enrichment of the Czech Republic’s economy is the constructive partnerships between trade unions, the government, and companies. The Czech Republic is a member of the European Union and the European Monetary Union and has multilateral and bilateral trade agreements with several countries. The government has taken initiatives to streamline regulations, promote competition, and encourage entrepreneurship to support growth. The country is working on technology-oriented transport systems to become a key participant in smart mobility - mobility as a service (MaaS). Technology advancements, RFID, Augmented Reality, and the use of Pick-by-Voice and Pick-by-Light systems in warehouses are the key transformational trends in the Czech Republic. Digitization will be the key factor driving the transportation sector. The major automotive ecosystem participants are investing in infrastructure development. Tech start-up companies are launching innovative products; however, only a few companies combine the old industrial knowledge with the new IT skills. Logistics providers are actively developing and introducing up-to-date technological solutions in intralogistics and external logistics, supply chain management, and distribution processes. Just-in-Time and Just-in-Sequence logistics technologies are being developed. Augmented Reality technologies are being actively used in the new class A warehouses across the country, which are equipped with modern WMS that allows for connectivity and monitoring using Pick-by-Vision through head-mounted screens and cameras. Scope: The aim of this insight is to research and analyze the key developments and trends related to economy and trad
More Information
No Index No
Podcast No
Author Sriram Venkatraman
WIP Number 9AB2-00-95-00-00
Keyword 1 Transportation and Logistics
Is Prebook No