Press release
Freight Trucking Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029
Platooning: This method allows trucks to run in a sequence, closely behind the other, automatically. These formations are controlled by computers that communicate with one another. For instance, in May 2020, U.S. states allowed platooning trucks.
Internet of Things (IoT): This method forms a network of devices, vehicles, and appliances that can actively share data. By the implementation of the IoT in trucking, it makes location tracking, environment sensing, fleet management, eco-friendly shipping, along with supply-demand balance better. This innovation had received a lot of attention in the freight market. For instance, Kuehne + Nagel, a logistics company, has been using a cloud-based platform and sensors to notify shippers with real-time information about locations and conditions of critical freight in transit.
Electric and Autonomous Trucks: Electric and autonomous vehicles have been already creating a buzz in the market. The same technology also increases the demand for trucks in the freight market. These trucks are eco-friendly, economical, and safer. With the increasing governmental norms for adapting electric vehicles, the demand for electric trucks is anticipated to grow in the upcoming years. For instance, in December 2021, FedEx received the first of 500 electric delivery light trucks from BrightDrop, which is the newly formed EV unit of General Motors.
The global freight trucking market is segmented based on the vehicle type, cargo type, and end-user. Based on the vehicle type, the market is segmented into light commercial vehicles and heavy commercial vehicles. Based on the cargo type, the market is sub-segmented into dry bulk, liquid bulk, and refrigerated products. Based on the end-user, the market has been segmented as industrial manufacturing, oil & gas industries, construction & mining industries, and others. The others type of segment includes chemical industries, agriculture industries, and food & beverages industries. Based on the cargo type, the dry bulk segment is expected to grow with the highest rest during the forecast period due to the continuous expansion of the manufacturing industries which has increased the demand in the freight trucking market globally.
To Request a Sample of our Report on Freight Trucking Market: https://www.omrglobal.com/request-sample/freight-trucking-market
Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Vehicle Type
By Cargo Type
By End-User
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Aramex International LCC, Deutsche Post AG, FedEx Corp., Hellmann Worldwide Logistics SE & Co. KG, and United Parcel Service of America, Inc.
Freight Trucking Market Segmentation
By Vehicle Type
Light Commercial Vehicle
Heavy Commercial Vehicle
By Cargo Type
Dry Bulk
Liquid Bulk
Refrigerated Products
By End-User
Industrial Manufacturing
Oil & Gas industries
Construction & Mining industries
Others (Chemical Industries, Agriculture Industries, and Food & Beverages Industries)
A full Report of Freight Trucking Market is Available @ https://www.omrglobal.com/industry-reports/freight-trucking-market
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Company Profiles
P. Moller Maersk
BDP International, Inc.
Canadian National Railway Co.
CEVA
CMA CGM
DB SCHENKER
Estes Express Lines
Expeditors International of Washington, Inc
Kuehne + Nagel
Nippon Express Co., Ltd.
R+L Carriers,Inc.
Saia LTL, Inc.
SNCF Group
Swift Transportation
XPO Logistics Inc.
Yellow Corp.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/freight-trucking-market
https://www.somosxbox.com.mx/noticias-urgente/se-proyecta-que-el-valor-de-mercado-de-las-maquinas-de-moler-cafe-se-expanda-para-2029/120415/
https://ekz-crosstour.ch/news/marktausblick-fuer-musikinstrumente-2029-praesentiert-markteinblicke-und-eingehende-analysen/129110/
https://perualdia.net/valor-de-mercado-de-terminal-de-comunicacion-laser-proyectado-para-expandirse-en-2029/
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Freight Trucking Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029 here
News-ID: 3201805 • Views: …
More Releases from Orion Market Research
Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become…
Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033.
Railway Management System Market Overview
The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,…
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033.
Monocalcium Phosphate Market Overview
Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The…
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033.
Automotive Lubricants Market Overview
The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by…
More Releases for Freight
Freight and logistics : Innovation In Freight and logistics
Frieght and Logistics Market is expected to register a CAGR of 5.2% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
Freight and logistics involve transportation of goods and commodities by railroad cars, trucks, large ships and airplanes. Today, almost every region is involved in import and export of goods, and these trade activities are growing on a large…
Less than Truckload Market to Get an Explosive Growth | DHL Freight, Geodis, UPS …
The latest research document on "Global Less than Truckload Market Size, Share, Sales and Forecast 2024-2030" Published by HTF MI with 123+ pages. The Study is segmented by key a region that is accelerating the marketization. Less than Truckload study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
Major Key Players in This Report Include:
A. Duie Pyle (United States),…
Online Freight Platform Market Digital Platforms for Freight Booking and Managem …
Online Freight Platform Market 2023 Forecast: Unveiling Opportunities and Growth
Online Freight Platform Market research report helps to recognize the market challenges and opportunities. Global Online Freight Platform Market report contains the recent forecast research for the predicted period. The report extensively offers the latest information about the technological developments and market growth prospect on the basis of the regional landscape. This Report offers a complete evaluation of every area including…
Freight Trucking Market is Booming Worldwide | Concargo, Procet Freight, Transte …
The Latest published a market study on Global Freight Trucking Market provides an overview of the current market dynamics in the Freight Trucking space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in 2028. The study breaks the market by revenue and volume (wherever applicable) and price history to estimate the size and trend analysis and identify gaps and opportunities. Some of…
Freight Transport Management Market Forecast to 2028 - COVID-19 Impact and Globa …
Freight transport management includes a logistics platform which utilizes technology to support businesses plans, execute the physical movement of goods and commodities, and ensure the compliance of the shipment with required documentation. This freight transport management system is able to manage transport via road, rail, air and water to various parts of the world. Considering rapid growth in various developing countries, the freight transport management market is predicted to rise…
Ocean freight and Air freight Market Report 2018: Segmentation by Type (Ocean fr …
Global Ocean freight and Air freight market research report provides company profile for Damco, KWE, Hitachi Transport, China Airlines Cargo, FedEx Express, UPS Airlines, Cathay Pacific Cargo, Korean Air Caro, Kuehne + Nagel, DHL Group, DB Schenker Logistics, GEODIS, Nippon Express and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in…
