Emerging advancements in technology such as autonomous trucks, 3D printing and warehouse automation will foster changes in how shippers, retailers and manufacturers configure their supply chains and distribution strategies, spurring a need for different formats and locations for industrial real estate, according to a new report from CBRE Group.
Taken together, these advancements will encourage industrial users to modernise their networks to adapt to the fast-evolving market rather than requiring them to add more or fewer warehouses and distribution centres. Each of these technology categories are on track to reach widespread use by 2025.