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Truck Transport Market 2022 – Opportunities And Strategies – Global Forecast To 2030
The Business Research Company’s Truck Transport Market 2022 – Opportunities And Strategies – Global Forecast To 2030
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As per The Business Research Company’s “Truck Transport Global Market Report 2022”, the truck transport market share is predicted to reach a value of $1,663.34 billion in 2021, having grown at a compound annual growth rate (CAGR) of 3.9% since 2016. The truck transport market is expected to grow from $1,663.34 billion in 2021 to $2,499.72 billion in 2026 at a rate of 8.5%. The market is then expected to grow at a CAGR of 7.6% from 2026 and reach $3,604.27 billion in 2031.Increased mergers and acquisitions will drive the growth of truck transport market in the forecast period.
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Key Trends In The Truck Transport Market
Fleet regionalization is being widely adopted by truck transportation companies to reduce operational costs and increase transportation efficiencies.
As a result, companies involved in the truck transportation business are gradually shifting their services from international and national levels to the regional level.
Regionalization of fleets enables truck transportation companies to increase operational efficiencies and reduce costs, improving driver and truck turnaround time.
Overview Of The Truck Transport Market
The truck transport market report consists of sales of truck transportation services and related goods by entities (organizations, sole traders and partnerships) that provide over-the-road transportation of cargo using motor vehicles, such as trucks and tractor-trailers. The companies in the truck transport industry provide general freight trucking and specialized freight trucking service to commercial establishments.
Learn more on the global truck transport market report at:
https://www.thebusinessresearchcompany.com/report/truck-transport-market
Truck Transport Global Market Report 2022 from TBRC covers the following information:
Market Size Data
• Forecast period: Historical and Future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Market Segmentation
• By Type: General Freight Trucking, Specialized Freight Trucking
• By Application: Oil & Gas, Industrial & Manufacturing, Energy & Mining, Food & Beverages, Pharmaceuticals & Healthcare, Other Applications
• By Size: Heavy Trucks, Medium Trucks, Light Trucks
• By Geography: The global truck transport market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific holds the largest share in the market.
Major market players such as FedEx Corporation, Knight-Swift Transportation Holdings Inc, XPO Logistics, YRC Worldwide, J.B. Hunt Transport Services, Inc.
Trends, opportunities, strategies and so much more.
Truck Transport Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides truck transport global market forecast and an overview of truck transport global market. The market report analyzes truck transport global market size, truck transport global market growth drivers, truck transport global market segments, truck transport global market trends, truck transport global market major players, truck transport global market growth across geographies, and truck transport market competitors’ revenues and market positioning. The truck transport market report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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About The Business Research Company?
The Business Research Company has published over 3000 industry reports, covering over 3000 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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