PUBLISHER: TechNavio | PRODUCT CODE: 1177463
PUBLISHER: TechNavio | PRODUCT CODE: 1177463
Technavio has been monitoring the road freight transport market and is forecast to grow by $130.56 bn during 2022-2027, accelerating at a CAGR of 6.03% during the forecast period. Our report on the road freight transport market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid growth in the E-commerce industry, growing retail sales in APAC, and increasing cross-border trade.
Technavio's road freight transport market is segmented as below:
By Vehicle Type
By End-user
By Geographical Landscape
This study identifies the use of blockchain in the road transport industry as one of the prime reasons driving the road freight transport market growth during the next few years. Also, the introduction of self-driven trucks and inorganic growth strategies will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading road freight transport market vendors that include AlkomTrans, Cargo Carriers Ltd., CEVA Logistics AG, CJ Logistics Corp., Deutsche Bahn AG, Deutsche Post AG, DSV AS, FedEx Corp., Fercam Spa, First European Logistics Ltd., Ital Logistics Ltd., J.B. Hunt Transport Services Inc., Kerry Logistics Network Ltd., KLG Europe, Kuehne and Nagel International AG, NGL Gondrand Group SA, Nippon Express Holdings Inc., Overland Total Logistics Services Sdn. Bhd., SNCF Group, and Yellow Corp. Also, the road freight transport market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Exhibits: