Explore the dynamic growth trajectory of the global Freight Trucking market, set to elevate from US$2.2 trillion in 2022 to a projected US$3.4 trillion by 2030, boasting a robust CAGR of 5.4%. This insightful report dissects key segments, focusing on the Truck Trailer and Lorry Tank sectors, predicting noteworthy CAGR milestones and financial peaks.
Comprehensive Industry Insights: Delve into the multifaceted world of freight trucking through this comprehensive report, commencing with influencer-driven market insights and global market trajectories. Uncover the market share dynamics among key competitors in 2023, categorizing their presence as strong, active, niche, or trivial.
Crucial Role of Global Trade and Retail: Understand the integral role played by global trade and retail in propelling the freight trucking industry’s growth. The report underscores the symbiotic relationship between trade and transport logistics, providing a reference point with export trade values in billions of US dollars. Explore the impact of the economic downturn on transportation, focusing on export and import volume growth across regions from 2018 to 2020.
Challenges and Opportunities in Urban Logistics: Navigate through the challenges faced by urban logistics, with a spotlight on the retail and merchandizing sectors, particularly departmental stores. Gain insights into the market reset and growth outlook for department stores from 2019 to 2025.
Global Market Highlights: Zoom into the U.S. market, valued at an estimated US$532.7 billion in 2022, while China, the world’s second-largest economy, anticipates a compelling 7.1% CAGR, reaching US$770.8 billion by 2030. Witness the promising growth rates in Japan, Canada, and Germany, forecasted at 3%, 4.3%, and approximately 3.2% CAGR, respectively, over the 2022-2030 period within Europe.
What’s Innovating in the Freight Trucking Landscape?
Exclusive Features: Embark on a journey into the future of the freight trucking industry with our special edition, introducing cutting-edge features tailored for industry enthusiasts:
- Global Economic Insights and Market Sentiment: Uncover the latest discussions surrounding the global economic climate and market sentiment. Gain valuable perspectives on the current state of affairs and projections for the future.
- Competitive Landscape Exploration: Delve into an in-depth coverage of global competitiveness and key competitor market shares. Our analysis categorizes market presence across various geographies – Strong, Active, Niche, or Trivial – providing a nuanced view of the competitive dynamics.
- Interactive Collaborative Updates: Experience a new dimension of engagement with our online interactive peer-to-peer collaborative bespoke updates. Stay connected, share insights, and contribute to the evolving conversation in real-time.
- Access to Exclusive Digital Archives: Unlock a treasure trove of information with access to our digital archives and trademarked research platform. Explore a vast repository of industry knowledge, trends, and historical data at your fingertips.
- Complimentary Updates for a Year: Stay ahead of the curve with complimentary updates for an entire year. Our commitment is to keep you informed about the latest developments and emerging trends in the freight trucking landscape.
- Insider Insights via YouTube Transcripts: Gain a unique perspective from industry leaders, CEOs, domain experts, and market influencers. Access curated YouTube video transcripts capturing market sentiments through interviews, podcasts, press statements, and event keynotes.
Market Trends & Drivers:
Navigating Post-COVID-19: Explore the transformative shifts in global supply chains post-COVID-19, uncovering the evolution from globalization to regionalization. Understand the 24/7 visibility becoming the new normal in the supply chain landscape.
Road Infrastructure Development Post-Pandemic: Investigate the focus on road infrastructure development post-pandemic, a critical driver ensuring sustained growth in the freight trucking industry. Dive into the impact of the hiatus in road development projects in 2020 and the quick rebound in 2021.
Refrigerated Trucks and Frozen Foods: Witness the surge in demand for refrigerated trucks, aligning with the growing focus on the safe transport of perishable, temperature-sensitive food products and frozen goods. Explore innovations in refrigeration systems and the global opportunities for frozen foods.
Telematics, E-commerce, and Last-Mile Delivery: Delve into the role of fleet telematics in enhancing trucking industry performance, driven by the rise of e-commerce. Uncover the potential of last-mile delivery and the burgeoning market for mini electric trucks, spurred by the growth of business-to-customer (B2C) e-commerce.
Digitalization and Technological Advances: Navigate the digitalization wave sweeping the logistics sector, fueled by data, analytics, and emerging technologies. Explore the growing importance of big data analytics in freight management systems and the transformative potential of IoT, blockchain, and artificial intelligence (AI) in shaping the future of trucking.
On-Demand Trucking Apps Taking Center Stage: Witness the rise of on-demand trucking apps, revolutionizing the industry and providing new avenues for growth. Stay at the forefront of technological innovation as the industry adapts to new opportunities and challenges.
In this ever-evolving landscape, our report serves as a beacon, guiding stakeholders through the dynamic trends and innovations shaping the future of the freight trucking industry. Stay tuned for more updates and insights
FOCUS ON SELECT PLAYERS (Total 244 Featured)
- DHL International GmbH
- Catom Trucking, Inc.
- A.P. Moller-Maersk A/S
- Americold
- Canadian National Railway Company
- CEVA Logistics
- CMA Cgm S.A
- Coyote Logistics LLC
- Expeditors International of Washington, Inc.
- Agro Merchants Group
- Burris Logistics
- Alliance Shippers Inc.
- Estes Express Lines
- Congebec
- Cargomatic, Inc.
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