Trend of Shifting to In-Situ or contactless Laser Gas Analyzers is expected to drive the Middle-East & Africa Freight Trucking Market

The research report "Freight Trucking Market By Cargo (dry/bulk goods, temperature controlled goods, & hazardous/dangerous goods), By Type (into flatbed truck, closed box & refrigerated, & curtain side), By Product (low to medium truck load (LTL) and full truck load (FTL)), End User Industry (Consumer Goods, Hi-Tech, Oil & Gas, Pharmaceutical & Healthcare, Chemicals, Food & Beverages, and Others), and Geography– Middle-East & Africa/Region Forecast to 2027". The Freight Trucking Market is anticipated to reach US$ 35,534.9 Mn by 2027, with a CAGR of 10.0% from US$ 20,075.8 Mn USD in 2021.

Glance our 199 slides market research & competitive intelligence research report, 25 Tables and 50 Figures and other qualitative sections with an in-depth TOC on "Freight Trucking Market By Cargo (dry/bulk goods, temperature controlled goods, & hazardous/dangerous goods), By Type (into flatbed truck, closed box & refrigerated, & curtain side), By Product (low to medium truck load (LTL) and full truck load (FTL)), End User Industry (Consumer Goods, Hi-Tech, Oil & Gas, Pharmaceutical & Healthcare, Chemicals, Food & Beverages, and Others), and Geography– Middle-East & Africa/Region Forecast to 2027"

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Trend of Government Spending on Road Transportation Infrastructure:
Government across Middle-East & Africa region is focusing to continue to investments in road infrastructure to improve road freight services across the region. For instance

o Middle-East Region: In November 2020, The Saudi government planned to establish special economic zone (SEZ) in Riyadh to support growth in the road freight sector over the coming years. Furthermore, the country aimed to increase ground network of 5,000 kilometers of highways & bridges, to expand transportation of goods. Likewise, in 2017, Kuwait invested around USD 800 million for the advancements of Jamal Abdul Nasser Project & Jahra Road Project, and around USD 2.4 billion for Sheikh Jaber Al Ahmad Al Sabah Causeway bridge that link Sabiyah and Doha link

o Africa: South Africa invested around R1.1 billion to upgrade Moloto Road, that covers Gauteng, Mpumalanga and Limpopo. And the country’s National Roads Agency Limited focused to upgrade road transportation and planned to stretch 160km of road

o Furthermore, East Africa Corridor is in surge of around USD 20 billion to upgrade & expand the region’s transport infrastructure that includes rail, road, airport & ports. However, in Kenya, the Ministry of Transport & Infrastructure focused to implement an ambitious road annuity program that emphasize on construction of 10,000 kms roads to support the growth of different sectors, including road freight transportation in Kenya over the coming future

In the Middle-East & Africa Freight Trucking Africa holds a commanding lead:
In 2020, Africa accounted for 82.0% of total market, followed by Middle-East. Africa accounted for the largest share in 2020 and is expected to maintain the highest share over the period. Africa region rise at a substantial CAGR over the forecast years, owing to growing focus of companies by implementing acquisitions and partnerships to expand their foot prints in Africa followed by trend of adoption of fuel efficient vehicles.

Market players have seen strategic acquisitions, partnerships, launches to broaden their footprints and improve their market position. Acquisition: In April 2021, DSV planned to acquire Agility’s Global Integrated Logistics (GIL) business. GIL provides mix of integrated logistics services such as air, ocean, and road freight forwarding, contract logistics. Through this acquisition, GIL adds its road freight services to DSV, which further enables DSV to expand its road freight activities in Middle East region. Likewise, in February 2021, Imperial acquired ParcelNinja and planned to expand its logistics services, including road freight, into last-mile distribution & e-commerce and aims to strengthen its footprint & scale in Africa in logistics industry, including road freight market. Similarly, in January 2020, Imperial Logistics acquired MDS Logistics, will drive integration with Imperial’s operations in Nigeria offering through an end-to-end solution including transport, warehousing, distribution and market access. In July 2019, Super Group acquired Lieben Logistics and Cargo Works. Through such acquisitions, the company expanded its footprints in South Africa and enhanced its services in supply chain solutions including freight transportation, across South Africa

Key market players covered in this report are CEVA Logistics (Rotkreuz, Switzerland), UPS Road Freight (Georgia, US), DSV South Africa (Pty) Ltd (Hedehusen, Denmark), Allied Transport Company (ATC) (Dubai, UAE), ATS Dubai (Dubai, UAE), Mashaweer (Dubai, UAE), AVALON (Dubai, UAE), ADSO (Dubai, UAE), HST (Dubai, UAE), Barloworld Transport (Manline Freight) (Sandton, South Africa), Imperial Logistics (Bedfordview, South Africa), GDC Whelson (Super Group) (Gauteng, South Africa), Bidvest International Logistics (Johannesburg, South Africa), Unitrans Africa (Cape Town, South Africa), Siginon Group (Mombasa, Kenya), Kenfreight (Mombasa, Kenya), Buzeki Enterprises Limited (Mombasa, Kenya), Rongai Workshop & Transport (Nakuru, Kenya), Lalgy Group (Matola, Mozambique), Leopack (Harare, Zimbabwe), and among others

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