Press release
Transport Market Trends, Share, Size, Growth, Opportunity and Forecast 2023-2032
Transport Market
As per the transport market report by The Business Research Company, The Transport Manufacturing Market has been aided by the rapid economic growth of developing countries during the historical period. The International Monetary Fund (IMF) predicts that global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market's growth. Developed economies are also expected to register stable growth during the forecast period.
The global transport market grew from $5894.62 billion in 2022 to $6464.7 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The transport market is expected to grow to $9091.42 billion in 2027 at a CAGR of 8.9%.
Read More On The Transport Market Report Here:
https://www.thebusinessresearchcompany.com/report/transport-global-market-report
Major competitors in the transport market include Toyota Motor Corp, Volkswagen AG, Daimler AG, EXOR Group, Fiat Chrysler Automobiles NV, Ford Motor Co, SAIC Motor Co Ltd., Honda Motor Co Ltd., General Motors Co, and Peugeot.
The transport market is segmented -
• By Type: Motor Vehicle Parts, Motor Vehicles, Train And Components, Trailer, Motor Home, Travel Trailer And Camper, Ship And Boat Building And Repairing, All Other Transportation Equipment
• By Application: General Services, Dockage, Hull Part, Engine Parts, Electric Works, Auxiliary Services
• By End-User: Transport Companies, Military, Other End Users. Asia-Pacific was the largest region in the transport market.
Request A Free Sample Of The Transport Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3019&type=smp
Transport equipment is defined as equipment that is used for the movement of people or goods from one place to another.
The Table Of Content For The Transport Market Include:
1. Executive Summary
2. Report Structure
3. Transport Market Characteristics
4. Transport Market Product Analysis
5. Transport Market Supply Chain
……
22. Key Mergers And Acquisitions In The Transport Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The "Global Transport Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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