Press release
Transport Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region |Toyoto Motor Corp, Volkswagen AG, Daimler AG, EXOR Group, Fiat Chrysler Automobiles NV, Ford Motor Co, SAIC Motor Co ltd, General Motors Co, Peugeot, United Pa
Transport Market Size
The Business Research Company offers in-depth market insights through Transport Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The transport market size has grown strongly in recent years. It will grow from $6375.45 billion in 2023 to $6880.47 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to economic growth, population growth, technological advancements, consumer behavior.
The transport market size is expected to see strong growth in the next few years. It will grow to $9180.44 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to environmental concerns, urbanization, global trade and supply chain trends, infrastructure investment, digitalization, demographic changes, e-commerce and last-mile delivery. Major trends in the forecast period include electrification and lightweighting, advanced materials, additive manufacturing, digitalization and connectivity, collaboration and partnerships, .
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Market Segmentation:
The main types of transport in the inland water transport market are inland water freight transport and inland water passenger transport. Inland Water Freight Transport refers to the stretches of water that are not part of the sea but are suitable for navigation for vessels. Freight movement using inland waterways is not only cost-effective but also fuel-efficient.
Major Driver - Advancing Inland Transportation For Efficiency And Sustainability
Recently, companies are encouraging lean and green inland transportation. For improved efficiency, companies are focusing on natural gas in shipping, improved vessel designs, efficient loading and unloading of cargo, and many more. The companies are also retrofitting old equipment in ships with emission reduction devices, hull cleaning and coating, and high-performance propellers and nozzles. Certain advanced propulsion systems, such as fuel cell hybrid drive technologies, will be available soon in the market. With these efforts, the inland transport market is seeing steady growth in the upcoming years.
Competitive Landscape:
Major companies operating in the transport market include Toyoto Motor Corp, Volkswagen AG, Daimler AG, EXOR Group, Fiat Chrysler Automobiles NV, Ford Motor Co, SAIC Motor Co ltd, General Motors Co, Peugeot, United Parcel Service, Union Pacific Corporation, Uber, FedEx Corporation, Deutsche Post AG, Delta Air Lines, American Airlines Group, Southwest Airlines, United Airlines Holdings, Canadian National Railway, CSX Corporation, Norfolk Southern Corporation, Kansas City Southern, BNSF Railway, J.B. Hunt Transport Services inc., Schneider National Inc., XPO Inc., Ryder System Inc., Old Dominion Freight Line Inc., ArcBest Corporation, Expeditors International, C H Robinson Worldwide Freight India Pvt Ltd., Landstar System Inc., Werner Enterprises Inc., Knight-Swift Transportation Holdings Inc., Saia, Atlas Air Worldwide Holdings, Air Transport Services Group, Matson Inc., Crowley Maritime Corporation.
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Top Trend -
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Transport Market Characteristics
3. Transport Market Trends And Strategies
4. Transport Market - Macro Economic Scenario
5. Transport Market Size And Growth
…..
27. Transport Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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