Czech Republic Road Freight Transport Market to Eyewitness Massive Growth by 2026: GEFCO CZECH REPUBLIC Ltd, DSV, CEVA Freight, DACHSER

Latest research on Czech Republic Road Freight Transport Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Czech Republic Road Freight Transport market. This report included a special section on the Impact of COVID19. Also, Czech Republic Road Freight Transport Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Czech Republic Road Freight Transport industry.

The Czech Republic Road Freight Transport market is highly competitive and consists of a number of major players. Top Companies like GEFCO CZECH REPUBLIC Ltd, DSV, CEVA Freight, DACHSER, Expeditors, Local Players, STPA CZ SRO, Raben Logistics Czech SRO, Unterer SRO, KOTRLA AS, NIKA Logistics AS, IHL TRANSPORT SRO, O.K.Trans Praha spol SRO, MOSS Logistics SRO, GW LOGISTICS AS, KOUBA Trans SRO, Vladim’r Hrub_, BC LOGISTICS SRO, Logistics Solution AS, 6 Lorenc Logistic SRO

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Regional Analysis:

Furthermore, to broaden the understanding, researchers have studied the global Czech Republic Road Freight Transport market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.

Czech Republic Road Freight Transport Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.

Scope of the Report

- The unfavorable demographic development affected by the declining reproductive capacity forces in the Czech Republic leads to the need to focus on transportation. It is especially the case for long-distance transport, where it is unbearable in the future for one driver to transport only a few metric ton of goods.

- Trucking accounts for 3% of GDP in the Czech Republic and is also an important source of the state budget. This is because Czech trucks operate largely outside the territory of the Czech Republic, but all taxes and levies are paid at home. The state obtains EUR 21.6 to EUR 28.8 thousand a year from various trucks on various levies

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Key Market Trends

Demand and Supply of Trucks in Czech Republic

The number of light commercial vehicles and buses in the Czech Republic also increased. In terms of deliveries, their number increased by 12,464 cars to 587,186 light commercial vehicles. The number of buses in the Czech Republic increased by 262 units to 21,705 cars, while their average age is similar to that of passenger cars (14.51 years).

The truck segment in the Czech Republic became slightly thinner, falling by 602 to 186,881 trucks.

The reducing in the number of trucks manufacturing also impacts the logistics industry with shortage of trucks. Overall, the Pandemic has led to the short-term shortage in the road freight market for trucks, while there is a long-term shortage of drivers in the country.

Domestic Transportation in Czech Republic Improving

Domestic transportation performed by the Czech carriers is increasing in terms of volume. The situation is partly saved or alleviated by domestic transport, which, on the contrary, is at the highest level in history.

In 2018, it reached 23,543 million metric ton-kilometers. Only for the second time, it surpassed international transport, in terms of its volumes, and recorded a Y-o-Y growth of 7.5%.

Therefore, the growth in domestic transportation conducted by the Czech companies is probably due to the fact that the carriers who are being pushed away from international transport are increasingly concentrating on the Czech Republic, and are attaining success in the process.

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Czech Republic Road Freight Transport Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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