openPR Logo
Press release

Car Carrier Market : Expanding Horizons in Automotive Logistics and Transportation (2023-2032)

09-20-2024 08:48 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Car Carrier Market : Expanding Horizons in Automotive Logistics

According to a new report published by Allied Market Research, titled, "Car Carrier Market," The car carrier market size was valued at $13.2 billion in 2022, and is the car carrier market share is estimated to reach $26.9 billion by 2032, growing at a CAGR of 7.5% from 2023 to 2032.

Car carrier market analysis states that car carrier are the trucks used to transport passenger cars and construction machinery to site in the car carrier industry. Folk lifts, bulldozers, and excavators for on-site work have disadvantages as they run slowly on public roads. A car carrier transports these construction machineries to work sites safely and efficiently. Car carriers not just carry construction machinery but also carry trucks and passenger vehicles. In addition, the feature of car carrier is that the loading platform floor is low for loading vehicles and construction machinery, and that the front of the vehicle is lifted, and the rear of the loading platform is installed on the grand, and the loading platform slides.

๐†๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ : https://www.alliedmarketresearch.com/request-sample/A67033

There are different types of car carrier such as the high jack type and safety loader type in the car carrier market size. High jack type self-loader has thick jacks between the cargo bed and cabin, behind the left and right wheels. When the high Jack is extended, the front of the truck is lifted and the rear body is inclined so that the body approaches the grand, making it easier to load a vehicle. By attaching load boards to the rear part of the loading platform, one can smoothly load and offload the vehicle to and from the self-loader. The feature of the safety loader is that the front part of the vehicle is not lifted such as a normal self loader, but instead of that, the cargo bed part tilts and slides. Vehicle carriers realize efficient transportation by loading passenger cars and construction machinery efficiently.

The car carrier industryโ€ฏdescribes the sector of the economy that deals with moving automobiles from one place to another with the use of specialist carriers. The carriers' economical and safe design allows them to move multiple automobiles at the same time. The automotive supply chain and the overall economy are key components of the car carrier market industry.

Car carriers are crucial for moving cars from the production facility to dealerships, distribution facilities, and final consumers in the automotive sector. The automobile industry cannot manufacture and provide cars to the market without the ability to use car carriers. Car carrier facilities ensure that vehicles are available when needed and cut down on waiting times, which enhances customer satisfaction and brand loyalty. By moving cars across international boundaries, the car carrier market also drives international trade in the automotive sector. Furthermore, car carriers are becoming more active in delivering vehicles straight to customers' doorsteps as a result of the growth of e-commerce platforms in the automotive sector.

Carrier's efforts to maximize vehicle load capacity, cut down on transit times, and minimize transportation costs all contribute to the automotive supply chain's optimization. This increases the overall profitability and efficiency of the supply chain for both logistics firms and automakers. Furthermore, some vehicles need unique transportation arrangements, such as premium cars, high-performance autos, and enormous cars. Car carriers are prepared to manage these specific transportation requirements, guaranteeing the damage-free and safe delivery of automobiles. Drivers, logisticians, maintenance technicians, and support personnel involved in vehicle transportation operations might find some operation.โ€ฏFurthermore, the effective transportation of automobiles boosts other sectors like manufacturing, retail, and aftermarket services, all are linked to economic growth of car carrier market trends.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/car-carrier-market/purchase-options

Chinese car company BYD launched first car carrier for European exports. An LNG-fueled car carrier which is billed as China's first built specifically for the export of domestically made cars set for Europe. Part of China's rapid ascendancy toward leading the global car market the vessel is also the first fully chartered to BYD, an equally quickly emerging car manufacturer.

China Merchants Jinling Shipyard in Weihai delivered the CMA CGM Indianapolisโ€ฏon December 20, 2023, the first of four dual-fuel LNG-powered car carriers that will be operated by the French shipping company. โ€ฏCEVA Logistics, part of the CMA CGM Group, confirmed in May 2023 its plan to enter the segment as part of the French group's efforts to expand operations through diversification. Eastern Pacific shipping of Singapore received the car carrier and will rent the ship to CMA CGM. Part of a larger 16-ship deal for EPS with Jinling, three sister ships are scheduled for delivery in 2024. EPS, an Idan Ofer-led shipping firm, placed the initial order in 2021 for up to six LNG-fueled vessels and also has an order for up to 10 more of the car carriers to be built by China Merchant's shipyard in Nanjing. Delivery of the vessels will be completed by 2026.

In December 2021, due to the COP26 summit dominating recent news headlines and an increasing requirement globally to use alternative sustainable fuels and minimize carbon emissions, share prices for Electric Vehicle (EV) manufacturers such as Tesla doubled and car carrier charter rates, particularly regarding transporting EVs, soared.

As per car carrier market trends due to the growth and demand has come an increased awareness operationally of the risks involved with transporting EVs on ro-ro and ro-pax vessels. Many ro-ro vessel operators are already carrying EVs and alternative fuel vehicles with a cautious approach. In October this year, the Maritime and Coastguard Agency issued a consultation document regarding the safe carriage of EVs and charging facilities on ro-pax ferries, so the safety concerns are clearly being considered on a wider level throughout the maritime industry.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  : https://www.alliedmarketresearch.com/purchase-enquiry/A67033

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ :

By type, the open-air car carrier segment is anticipated to exhibit significant growth in the near future.

By application, the automobile sales service shop 4S segment is anticipated to exhibit significant growth in the near future.

By region, the Asia-Pacific region is anticipated to exhibit significant growth in the near future.

๐‹๐ž๐š๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ :

Landoll Corporation,
Dongfeng Motor Company,
Wally-Mo Inc,
Tec Equipment Inc.,
Infinity Trailers,
Kentucky Trailers,
Boydstun Equipment Manufacturing,
Delavan,
Miller Industries,
Cottrell Trailers

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ :

David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Allied Market Research Blog: https://blog.alliedmarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐ฎ๐ฌ :

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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 Car Carrier Market : Expanding Horizons in Automotive Logistics and Transportation (2023-2032) here

News-ID: 3661825 • Views: โ€ฆ

More Releases from Allied Market Research

Diving Equipment Market Value Estimated to Worth $8.1 Billion by 2035, Growing at a 7.5% Annual Rate
Diving Equipment Market Value Estimated to Worth $8.1 Billion by 2035, Growing a โ€ฆ
According to a new report published by Allied Market Research, titled, "Diving Equipment Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type, by Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2024-2035." The research report offers quantitative and qualitative analyses of the overall market environment, focusing on key investment opportunities, top market segments, value chain analysis, market dynamics, regional outlook, and the competitive landscape. The global divingโ€ฆ
Luggage Market Value Estimated to Worth $101 Billion by 2035, Register at a CAGR of 8.3%
Luggage Market Value Estimated to Worth $101 Billion by 2035, Register at a CAGR โ€ฆ
According to a new report published by Allied Market Research, titled, "Luggage Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Form, by Material Type, by Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2024-2035." The luggage market was valued at $38.8 billion in 2023, and is estimated to reach $101.0 billion by 2035, growing at a CAGR of 8.3% from 2024 to 2035. The reportโ€ฆ
U.S. Event Services: Rapid Growth, Estimated to Worth $153.0965 Billion Market Forecast
U.S. Event Services: Rapid Growth, Estimated to Worth $153.0965 Billion Market F โ€ฆ
According to a new report published by Allied Market Research, titled, "U.S. Event Services Market Size, Share, Competitive Landscape and Trend Analysis Report, by Event Type and Service Type : Opportunity Analysis and Industry Forecast, 2023-2032." U.S. Event Services Market Size, Share, Competitive Landscape and Trend Analysis Report, by Event Type and Service Type : Opportunity Analysis and Industry Forecast, 2023-2032. The U.S. event services market size was valued atโ€ฆ
Sustainable Tourism Market is Expected to See Impressive Growth, Attain USD 11.4 Trillion by 2032
Sustainable Tourism Market is Expected to See Impressive Growth, Attain USD 11.4 โ€ฆ
According to a new report published by Allied Market Research, titled, "Sustainable Tourism Market" The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends. In 2023, the coastal tourism segment occupied the largest market share as it is one of the most popular types of sustainable tourism locations in the world due toโ€ฆ

All 5 Releases


More Releases for Car

Car Rental Services Market Forecast to 2028 Covid-19 Impact and Global Analysis โ€ฆ
Car rental services are a process of hiring/renting a car for a limited period from a rental company. Various companies like Uber Technologies, Europcar rent the vehicles for a short period ranging from few hours to weeks. The different types of cars rented by the company include Luxury Car, executive car, and economical car among others. Additionally, vehicle renting agencies also offer other products such as insurance, entertainment systems, andโ€ฆ
Central African Republic: Country Intelligence Report | Telecel, Orange CAR, Moo โ€ฆ
HTF Market Intelligence released a new research report of 36 pages on title 'Central African Republic: Country Intelligence Report' with detailed analysis, forecast and strategies. The market Study is segmented by key a region that is accelerating the marketization. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources. The study covers key regions that includes Centralโ€ฆ
Car Rentals Market Growth Strategies and Innovative Technology Transformation by โ€ฆ
Worldwide Market Reports has announced the addition of the "Car Rentals Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Car Rentals Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. The emergence of own-brand digital ordering platform has been trending in the global Car Rentals market. Car Rentals such asโ€ฆ
Luxury Car Leasing Market Competitors Analysis By German Rent A Car, ANI Technol โ€ฆ
 'Global Luxury Car Leasing Market Research Report' the report is complete with an elaborate research undertaken by prominent analysts and a detailed analysis of the global industry place. The Luxury Car Leasing report is fragmented in several features which include manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors which are again elaborated inโ€ฆ
Car Wash Market is Thriving Worldwide 2026 | Super Star Car Wash, Autobell Car W โ€ฆ
This Car Wash Market research report offers you an array of insights about Automotive industry and business solutions that will support to stay ahead of the competition. Systematic investment analysis is also underlined in this Car Wash Market report which forecasts impending opportunities for the market players.This market report is the outcome of persistent efforts lead by knowledgeable forecasters, innovative analysts and brilliant researchers who carries out detailed and diligentโ€ฆ
Car Rentals Market Growth 2020-2025: Sixt Rent A Car, Malkey Rent A Car, Casons โ€ฆ
Car Rentals Industry Description Wiseguyreports.Com Adds "Car Rentals -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025" To Its Research Database The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Car Rentals by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chainโ€ฆ