Global Road Freight Transportation Market size was US$ 3.86 Trillion. in 2022 and is expected to reach US$ 5.44 Trillion. by 2029, at a CAGR of 5.0 % during the forecast period.
Road Freight Transportation Market Overview:
The purpose of this study is to provide a thorough examination of the Road Freight Transportation market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Road Freight Transportation market's growth. The study also offers a comprehensive analysis of the market's value chain.
Market Scope:
The research method used to assess and anticipate the Road Freight Transportation market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Road Freight Transportation market was calculated using the revenue of significant enterprises.
Drivers:
Major restraints and drivers that affect the Road Freight Transportation market have also been covered in the Road Freight Transportation market report.
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Segmentation:
by Type of Carrier
Full Truckload
Less-Than-Truckload
by Vehicle Type
Light Commercial Vehicle
Medium Commercial Vehicle
Heavy Commercial Vehicle
by Operation
Domestic
International
by Industry
Food and Beverage
Chemical
Healthcare
Oil and Gas
Key Players:
The major players covered in the Road Freight Transportation market report are
1.Cargo Carriers Limited
2.Schenker AG
3.Kuehne + Nagel International AG
4.CJ Logistics Corporation
5.DHL Global Forwarding
6.Kerry Logistics Network Limited
7.TNT Express
8.CEVA Logistics
9.GEODIS SA
10.DSV Panalpina A/S
11.Overland Total Logistics Services (M) Sdn Bhd
12.Nippon Express, and GEFCO S.A.
13.Alkom-Trans SIA
14.DB Schenker
15.Deutsche Post AG (DHL Group)
16.Fercam S.p.A.
17.First European Logistics Ltd.
18.FM Logistic
19.Gondrand Group
20.Ital Logistics Ltd.
21.KLG Europe
22.Kuehne + Nagel, Inc.
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Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Road Freight Transportation Market:
Aerospace and defence, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Road Freight Transportation market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Road Freight Transportation industry, which is driving through the COVID-19 emergency to handle risk digitising jobs in order to convey trusted data and experiences to the CEOs.
Key Questions Answered in the Road Freight Transportation Market Report are:
Which segment grabbed the largest share in the Road Freight Transportation market?
How was the competitive scenario of the Road Freight Transportation market in 2020?
Which are the key factors responsible for the Road Freight Transportation market growth?
Which region held the maximum share in the Road Freight Transportation market in 2020?
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