Global Freight Trucking Market: Increase in Construction Activities to Fuel Demand for Freight Trucks, Observes TMR

According to a study by Transparency Market Research, the global market for freight trucking is primarily influenced by the rising urbanization and consequent increase in construction activities. Since construction activities need transportation of goods and equipment from one place to another, the demand for freight trucking has witnessed a substantial rise across the world, states the report, titled “Freight Trucking Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016–2024.”

In addition to this, the increasing uptake of latest technologies, such as automated doors and hydraulic lifters utilized in freight trucks, is likely to fuel the usage of freight trucks considerably in the coming years. Hydraulic lifters assist in easy loading of goods in freight trucks with minimal human effort while automated doors are equipped with vacuum locks that prevent unauthorized access, ensuring the safety of the items in the trucks.

Get More Information: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=13250

Geographically, the worldwide market for freight trucking can be classified into Asia Pacific, Latin America, North America, Eastern Europe, Western Europe, and the Middle East and Africa. Asia Pacific, among these, has emerged as the most attractive geographical segment for market participants, thanks to the rising number of infrastructural development projects in this region, note the study.

Further, the benefits offered by freight trucks, such as increased productivity with less cost without compromising on quality is driving their demand in emerging economies in Asia. The surging demand for heavy commercial vehicles (HCV) in China and India is also expected to boost the freight trucking market in Asia Pacific over the next few years, states the report.

On the other hand, the markets for freight trucking in North America and Europe is projected to expand at a steady rate during the forecast period. The increase in business activities and manufacturing processes, thanks to the post-recession economic recovery, is considered as the main factor behind the imminent growth of these regional market.

Browse The Full Report : http://www.transparencymarketresearch.com/freight-trucking-market.html

The Europe market for freight trucking (including Western and Eastern both) is also projected to gain significantly from the presence of leading truck manufacturers, such as Volvo, DAF, Mercedes-Benz, and Renault over the next few years. The augment in industrial activities is also anticipated to boost the demand for freight truck in this region, reports the research study.

The report also provides a competitive assessment of the global freight trucking market by evaluating the profiles of key market participants. Some of the leading market players mentioned in this report are Descartes System Group, UPS, DSV, CEVA Logistics, DHL, SNCF Geodis, JDA Software, Kuehne+Nagel Inc, Manhattan Associates, and DB Schenker.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.