2023-06-21-PitchBook-2023年供应链技术概述（英）_10页_14mb

EMERGING TECH RESEARCH: SUPPLY CHAIN TECH OVERVIEW

Core Content

This report provides an overview of the supply chain technology sector, highlighting its key subsegments, VC activity, market trends, and industry drivers. The focus is on the global market dynamics, with a particular emphasis on the US and Asia Pacific regions.

Main Sections

1. Supply Chain Tech Landscape

The supply chain tech landscape includes four major subsegments:

• Enterprise Supply Chain Management: Focuses on optimizing the entire supply chain process.
• Warehousing Tech: Involves automation and digital transformation of warehouse operations.
• Freight Tech: Covers technologies related to the transportation and logistics of goods.
• Last-Mile Delivery: Addresses the final stage of delivery to consumers.

2. VC Ecosystem Market Map

The report includes a market map of venture-backed or growth-stage companies in each supply chain tech segment. Companies featured have received notable private investments, indicating their potential and market relevance.

3. VC Activity

• Q1 2023: VC deal value for supply chain tech dropped by 45.3% QoQ and 81.8% YoY, totaling $2.4 billion.
• Deal Count: 195 deals in Q1, a 19.4% QoQ and 49.7% YoY decline.
• Segment Trends:
  • Freight Tech: Experienced the largest decline, with deal value down 81.8% QoQ and deal count at just one-third of Q4 2022.
  • Enterprise Supply Chain Management: Had the smallest QoQ decline.
  • Stage Trends: Angel and seed deals saw a 3.6% increase, while venture growth and early-stage VC faced significant declines of 63.5% and 52.0%, respectively.

4. Emerging Opportunities

• Enterprise Supply Chain Management: Focus on integration, automation, and data analytics.
• Freight Tech: Innovations in autonomous vehicles, electric trucks, and fleet management are key areas of investment.
• Last-Mile Delivery: Increasing demand for flexible and fast delivery solutions.
• Warehousing Tech: Automation and AI-driven inventory management are growing.

Key Subsegments

Freight Tech

• Trucking Logistics: Utilizes AI and predictive systems for load optimization, scheduling, and routing.
• Marine, Rail & Port Logistics: Develops platforms to manage the flow of goods across international shipping and customs.
• Autonomous Trucks & Middle Mile: Focuses on AV technology for freight and shipping applications, as well as networked trucking systems.

Electric Trucks

• EV Powertrains: Development of electric vehicles for freight applications.
• Market Growth: Expected to grow over 40% annually through the end of the decade, driven by advancements in battery technology and range.

Fleet Management

• Software Platforms: Designed to manage mileage, maintenance, and driver hours.
• Market Size: Reached $20.0 billion in 2022 and is projected to grow at >10% annually.

Industry Drivers

• E-Commerce: Driving demand for faster, more flexible delivery solutions.
• Labor Shortages: High driver turnover and workforce shortages are pushing for automation and remote management.
• Cloud and App Computing: Enabling more efficient load scheduling, payments, and data management.
• Sustainability and Regulation: Environmental regulations are prompting a shift toward greener transportation solutions.

Market Size

• Heavy-Duty Truck Market: Exceeds $250 billion globally, with >60% in the Asia Pacific region.
• EV Trucks: Currently a small share, but expected to grow rapidly due to regulatory changes, cost reductions, and customer acceptance.
• Autonomous and ADAS Systems: Projected to see strong growth due to increasing safety regulations and technological advancements.

Notable Deals

• JD Industrial Products: Raised $300 million in March 2023, leading to a 3x valuation step-up and a pre-money valuation of $6 billion.
• Oxbotica: Completed a Series C round raising $140.9 million in January 2023, resulting in a 2.9x valuation step-up.
• VIA Motors: Acquired for $630 million in January 2023 by Ideanomics.

Conclusion

The supply chain tech sector is evolving rapidly, driven by e-commerce growth, labor shortages, and sustainability goals. While VC activity has declined in Q1 2023, particularly in freight tech, there are still strong opportunities in enterprise solutions, automation, and green technologies. The report underscores the importance of understanding these trends for investors and companies in the sector.