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Global Truck Transport Market Trends And Forecast Report 2022 | By Players, Types, Applications And Regions
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According to The Business Research Company's truck transport market report, the global truck transport market size reached a value of nearly $1,663.34 billion in 2021, having grown at a compound annual growth rate (CAGR) of 3.9% since 2016. The truck transport market is expected to grow from $1,663.34 billion in 2021 to $2,499.72 billion in 2026 at a rate of 8.5%. The market is then expected to grow at a CAGR of 7.6% from 2026 and reach $3,604.27 billion in 2031.
Increased mergers and acquisitions will drive the growth of truck transport market in the forecast period. The acquisitions will enhance brand awareness, expand its business reach throughout the regions, and increase the demand for the transport services industry.
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The truck transport market is segmented -
• By Type: General Freight Trucking, Specialized Freight Trucking
• By Size: Heavy Trucks, Medium Trucks, Light Trucks
• By Application: Oil And Gas, Industrial And Manufacturing, Energy And Mining, Food And Beverages, Pharmaceuticals And Healthcare, Others.
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the truck transport market.
Major competitors in the truck transport market include FedEx Corporation, Knight-Swift Transportation Holdings Inc., XPO Logistics, YRC Worldwide, J.B. Hunt Transport Services, Inc.
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The truck transport market consists of sales of truck transportation services and related goods by entities (organizations, sole traders and partnerships) that provide over-the-road transportation of cargo using motor vehicles, such as trucks and tractor-trailers. The companies in the truck transport industry provide general freight trucking and specialized freight trucking service to commercial establishments.
The Table Of Content For The Truck Transport Market Include:
1. Truck Transport Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
27. Truck Transport Market Opportunities And Strategies
28. Truck Transport Market, Conclusions And Recommendations
29. Appendix
The Business Research Company's "Global Truck Transport Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. Located globally, it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
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