PUBLISHER: TechNavio | PRODUCT CODE: 1459486
PUBLISHER: TechNavio | PRODUCT CODE: 1459486
The road freight transportation market in Europe is forecasted to grow by USD 40.71 bn during 2023-2028, accelerating at a CAGR of 1.84% during the forecast period. The report on the road freight transportation market in Europe 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 the high significance of road freight in intermodal transportation, growing demand for road freight from the e-commerce industry, and increasing cross-border trade.
Technavio's road freight transportation market in Europe is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 1.64% |
CAGR | 1.84% |
Incremental Value | $40.71bn |
By Vehicle Type
By Product
This study identifies the growing digital transformation in road freight transportation as one of the prime reasons driving the road freight transportation market in Europe growth during the next few years. Also, electrification and development of autonomous trucks and increasing demand for green logistics will lead to sizable demand in the market.
The report on the road freight transportation market in Europe covers the following areas:
The 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 transportation market in Europe vendors that include CEVA Logistics S A, DACHSER SE, DB Schenker, Deutsche Bahn AG, Deutsche Post AG, DSV AS, Ewals Cargo Care Holdings BV, FedEx Corp., GEODIS, H.Essers, Hellmann Worldwide Logistics SE and Co KG, Kuehne Nagel Management AG, MARITIMA SURESTE SHIPPING SLU, Raben Group, Rhenus SE and Co. KG, Schneider and Cie. AG, UAB Girteka Logistics, XPO Inc., Ziegler Group Corp., and AP Moller Maersk AS. Also, the road freight transportation market in Europe 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.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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