Press release
Transportation Market & Logistics: Enhancing Global Connectivity To Reach USD 11.1 Trillion By 2030 | Most Leading Companies - BlueDart, Danzas, Exel, DHL, Aramex, Northrup Grumman, Wallenius Wilhelmsen Logistics
The Global Transportation Industry Market reached USD 7.31 trillion in 2022 and is expected to reach USD 11.1 trillion by 2030 growing with a CAGR of 5.4% during the forecast period 2024-2031.Transportation Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Transportation refers to the movement of people, goods, or animals from one place to another using various modes such as road, rail, air, sea, or pipeline. It is a vital component of logistics and supply chain management, enabling trade, connectivity, and economic growth across regions.
List of the Key Players in the Transportation Market:
BlueDart, Danzas, Exel, DHL, Aramex, Northrup Grumman, Wallenius Wilhelmsen Logistics, Alaska Air Group, C.H. Robinson Worldwide and CSX Corp.
Industry Developments:
MeitY Launches Advanced ITS Solutions Under Phase-II Initiative
April 11, 2022 - Under the Phase-II of the Intelligent Transportation System Endeavour for Indian Cities, the Ministry of Electronics and Information Technology (MeitY) introduced several innovative technologies, including an indigenous Onboard Driver Assistance and Warning System (ODAWS), a Bus Signal Priority System, and the Common SMART IoT Connectivity (CoSMiC) platform.
Flexport and NTG Form Strategic Alliance to Enhance Supply Chain Visibility
July 28, 2022 - Flexport, a global logistics platform, partnered with Nolan Transportation Group (NTG), a leading North American tech-enabled logistics and brokerage provider. This strategic alliance aims to integrate their technologies to deliver end-to-end visibility and optimization across all transportation modes, including FTL, LTL, expedited shipping, drayage, and final mile delivery.
MercuryGate Introduces 'Smart Transportation' Capabilities
February 15, 2022 - MercuryGate International, Inc. announced the integration of advanced delivery and intelligence features into its platform as part of a new offering called Smart Transportation. These capabilities are designed to enhance logistics performance through intelligent decision-making and operational efficiency.
Research Process:
Both primary and secondary data sources have been used in the global Transportation Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Transportation Market:
By Types and Service: Roadways Transportation, Airways Transportation, Waterways Transportation, Transit and Ground Passenger Transportation (Ride Sharing, E-Hailing, Rental, Others), Railways Transportation, Services (Warehousing and Storage, Smart Ticketing, Parking Management, Traffic Management, Passenger Information, Freight Information, Vehicle Telematics, Others), Others
By Vehicle Type: Conventional Transportation, Smart Transportation, On-Demand Transportation, Passenger Vehicles, Commercial Vehicle and Heavy Duty Vehicle, Train, Passenger and Commercial Aircraft, Micro Mobility, Ships and Boats, Aircrafts (Lighter-Than-Air Aircraft (Aerostat), Heavier-Than-Air Aircraft (Aerodyne) (Airplane (Amphibian, Land Plane, Sea Plane), Rotary Wing Aircraft, Others), Unmanned Aerial Vehicle (UAV)), Others
By End-users: Logistics, Maritime, Mass Transit, Freight, Shipping, Household, Public Transport, Others
Regional Analysis for Transportation Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Transportation market?
➠ Who are the leading manufacturers in the global Transportation industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Transportation industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Transportation market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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