Press release
Road Freight Transportation Market to hit USD 5.44 Tn by 2029, Global Trend, Share Analysis, Market Size, and Technology Development |Regional Analysis
Pune 27, Feb 2023: The total global market for the "Road Freight Transportation Market" was valued at USD 3.68 Tn in 2021 and is expected to significantly grow at a CAGR of 5.0 percent over the forecast period to reach USD 5.44 Tn by 2029. Maximize Market Research, a top international business & consultancy firm in India, has recently published a report.Road Freight Transportation Market Report Scope and Research Methodology
The Global Road Freight Transportation Market report presents a comprehensive analysis and management market to investors and stakeholders in the industry. The report covers analysis through various Road Freight Transportation Market segments and sub-segments. The report covers the regional and country-level analysis of the Road Freight Transportation Market for recent and future growth trends, prospects, and their contribution to the market. Road Freight Transportation Market provides the CAGR of the market, market size, value, volume, revenue, sales, and other key factors related to the Market. The report provides a comprehensive analysis of the Road Freight Transportation Market shares, drivers, restraints, and growth opportunities. Every segment of the industry is evaluated on the basis of growth rate and share of the market. The report provides key market players by region, along with their revenue, financial status, and technical developments are analysed for understanding the competitive landscape of the market. The bottom-up approach was used to estimate the Road Freight Transportation Market size.
Know More About The Report: https://www.maximizemarketresearch.com/market-report/global-road-freight-transportation-market/79258/
Rising demand for inland transportation for logistics to driver of the Road Freight Transportation Market growth.
The Road Freight Transportation Market is driven by the increasing growth in the e-commerce industry because of the penetration of the internet and the increasing availability of low-cost smartphones. Road freight transit has various advantages such as short travel distance and affordable, adaptable and cost-effective distance. The use of block chain in the road transport industry is an emerging trend in the Road Freight Transportation Market. Road freight transportation is convenient and flexible.
The high operational cost and competitive pricing are expected to challenge the Road Freight Transportation Market growth. Fluctuations in fuel prices, growing demand for additional services and professional supply chain solutions are expected to retain the Road Freight Transportation Market growth.
By region, APAC held the largest global Road Freight Transportation Market share in 2021
APAC held the largest market share in 2021 and is expected to continuously grow during the forecast period. In this region, government favourable rules and regulations in developing countries regarding e-commerce and other business are expected to drive the Road Freight Transportation Market growth. Additionally, the Road Freight Transportation Market is driven by huge investments in port construction, rising digitalization, urbanization growth, and demographic change.
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In 2021, the Light Commercial Vehicles segment dominated the market Share 2021 and is expected to significantly grow during the forecast period.
North America is the key region responsible for light commercial vehicle production and products and services are transported
Light Commercial Vehicles. During the forecast period, the market is driven by the development in and transporting infrastructure and commerce sectors as well as the growing demand for light commercial vehicles.
Road Freight Transportation Market Segmentation
By Type of Carrier:
Full Truckload
Less-Than-Truckload
By Vehicle Type:
Light Commercial Vehicle
Medium Commercial Vehicle
Heavy Commercial Vehicle
By Operation:
Domestic
International
By Industry:
Food and Beverage
Chemical
Healthcare
Oil and Gas
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Road Freight Transportation Market Key Players include:
Cargo Carriers Limited
Schenker AG
Kuehne + Nagel International AG
CJ Logistics Corporation
DHL Global Forwarding
Kerry Logistics Network Limited
TNT Express
CEVA Logistics
GEODIS SA
DSV Panalpina A/S
Overland Total Logistics Services (M) Sdn Bhd
Nippon Express, and GEFCO S.A.
Alkom-Trans SIA
DB Schenker
Deutsche Post AG (DHL Group)
Fercam S.p.A.
First European Logistics Ltd.
FM Logistic
Gondrand Group
Ital Logistics Ltd.
KLG Europe
Kuehne + Nagel, Inc.
Table of content for the Global Road Freight Transportation Market includes:
Global Road Freight Transportation Market: Research Methodology
Global Road Freight Transportation Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
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Global Road Freight Transportation Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Road Freight Transportation Market Segmentation
Global Market, by Type of Carrier (2021-2029)
Global Market, by Vehicle Type (2021-2029)
Global Market, by Operation (2021-2029)
Global Market, by Industry (2021-2029)
Global Regional Road Freight Transportation Market (2021-2029)
Regional Market, by Type of Carrier (2021-2029)
Regional Market, by Vehicle Type (2021-2029)
Regional Market, by Operation (2021-2029)
Regional Market, by Industry (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type of Carrier, Vehicle Type, Operation, Industry and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Pune, Maharashtra 411041, India
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic Industries, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified Type estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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