United States Transportation Industry Market 2025-2032 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

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.

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Key Development:

United States: Recent Transportation Developments

✅ In November 2025, Harbinger Motors raised $160 million in a Series C round co-led by FedEx, THOR Industries, and Capricorn Impact Fund, scaling up production of its medium‐duty electric truck chassis.

✅ Also in November 2025, FedEx placed an initial order for 53 of Harbinger's electric truck chassis (Class 5 & 6), to be delivered by year-end, accelerating its plan to electrify its pickup-and-delivery fleet.

✅ In August 2025, FTAI Infrastructure agreed to acquire The Wheeling Corporation (which owns the Wheeling & Lake Erie Railway) in a $1.05 billion deal, expanding its freight‐rail operations across several U.S. states.

✅ Also in August 2025, FTAI Infrastructure announced a refinancing plan alongside the Wheeling acquisition, with $2.25 billion in capital commitments to boost its infrastructure platform.

Japan: Recent Transportation Developments

✅ In November 2025, Nissan launched a pilot of self‐driving Serena minivan taxis in Yokohama, operating under remote monitoring to test autonomous mobility in urban districts.

✅ Also in November 2025, JTB Corp partnered with JR Tokai to launch a luggage‐delivery service called "LUGGAGE EXPRESS" between Tokyo and Kyoto via Shinkansen, enabling hands‐free travel for tourists.

✅ In October 2025, Waymo's autonomous ride‐hailing plans in Japan gained traction, as Japan grapples with an aging population and reduced taxi capacity - driving policy and investment in self‐driving mobility.

✅ In March 2025, Sustainable Shared Transport (SST) (backed by Yamato Holdings, JRTT, Development Bank of Japan, Mizuho, etc.) raised ¥80 million to expand its platform for joint transport and delivery, optimizing logistics via pallet standardization and shared data.

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Key Players:

=> BlueDart, Danzas, Exel, DHL, Aramex, Northrup Grumman, Wallenius Wilhelmsen Logistics, Alaska Air Group, C.H. Robinson Worldwide and CSX Corp.

Key Segments:

By Types and Service

Roadways transportation leads with 35% share, driven by the dominance of road networks for passenger and freight movement, urban mobility solutions, and last-mile connectivity. Airways transportation accounts for 15%, supported by commercial aviation, regional flights, and cargo transport. Waterways transportation holds 5%, fueled by port activities, shipping lanes, and river transport for goods and passengers. Transit and ground passenger transportation represent 20%, including ride-sharing, e-hailing, rental services, and shuttle operations, reflecting growing urban mobility and shared mobility adoption. Railways transportation accounts for 15%, driven by freight and passenger rail networks in both urban and intercity systems. Services such as warehousing and storage, smart ticketing, parking management, traffic management, passenger and freight information systems, vehicle telematics, and other value-added transport services collectively hold 10%, supporting operational efficiency and enhanced passenger experience. Other transportation types make up the remaining 5%, including specialized logistics and niche mobility solutions.

By Vehicle Type

Passenger vehicles dominate with 50% share, driven by personal mobility, ride-hailing, and rental services. Commercial vehicles account for 25%, fueled by goods transport, logistics, and industrial mobility. Rail and metro vehicles hold 15%, reflecting public transit and freight rail operations. Aircrafts represent 8%, supported by passenger and cargo flights. Watercraft and vessels account for 2%, reflecting port, ferry, and inland waterway transportation.

By End-Users

Individual passengers lead with 45% share, driven by private commuting, ride-hailing, and rental services. Industrial and commercial users account for 35%, supported by logistics, supply chain, and freight transport. Government and institutional users hold 15%, reflecting public transportation, municipal operations, and defense logistics. Other users make up 5%, including tourism, special events, and niche mobility segments.

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By Region

Asia Pacific - 40% Share
Asia Pacific leads with 40%, driven by rapid urbanization, expansion of road, rail, and air networks, and growing adoption of smart transport services in China, India, Japan, and Southeast Asia.

North America - 25% Share
North America holds 25%, supported by mature road networks, advanced transit systems, air transport, and smart mobility service adoption in the U.S. and Canada.

Europe - 20% Share
Europe accounts for 20%, fueled by integrated rail, road, air networks, and adoption of smart transport and mobility services in Germany, France, U.K., Italy, Spain, and neighboring countries.

Latin America - 7% Share
Latin America holds 7%, driven by urban transport development, ride-hailing growth, and logistics expansion in Brazil, Mexico, and neighboring countries.

Middle East & Africa - 8% Share
The Middle East & Africa represent 8%, supported by infrastructure investments, urban transit solutions, and logistics networks in GCC countries, South Africa, and other emerging markets.

FAQ

What is the current size of the Transportation Industry Market?

A: In 2022, the Transportation Industry Market was valued at USD 7.31 trillion , reflecting its strong industry presence.

Q2: How large is the Transportation Industry Market expected to be by 2030?

A: By 2030, industry forecasts suggest the Transportation Industry Market will grow to around USD 11.1 trillion , demonstrating significant expansion.

Q3: What is the growth rate of the Transportation Industry Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 5.4% during the forecast period from 2024 to 2031.

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