PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1152023
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1152023
Global Freight Trucking Market Size study & Forecast, by Truck Type, by Cargo Type, by End-User and Regional Analysis, 2022-2029
Global Freight Trucking Market is valued at approximately USD 2732 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.1% over the forecast period 2022-2029. Freight Trucking refers to application of heavy-duty trucks for the transportation of shipments such as goods, commodities etc. from one location to another. Freight trucks are modified for efficient transportation of bulk shipments. These trucks are also equipped with an integrated refrigeration system to facilitate transportation of temperature-sensitive cargo. The rising expansion of E-commerce sector worldwide and increasing utilization of telematics in automobiles as well as strategic initiatives from leading market players are key factors accelerating the market growth.
According to Statista - In 2021, global retail e-commerce sales estimated at USD 4900 billion, and the market is projected to grow by around 50 percent to reach USD 7400 billion by 2025. Moreover, as per India Brand Equity Foundation (IBEF) - as of 2022, Indian e-commerce market is valued at USD 74.8 billion. Furthermore, as per projections, India's e-commerce market would grow to USD 111 billion by 2024 and further to USD 200 billion by 2026. Also, rising urbanization in developing regions coupled with growing expansion of logistics & transportation sector would create lucrative growth prospectus for the market over the forecast period. However, high cost associated with Freight Trucking stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Freight Trucking Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to presence of leading market players and availability of robust highway infrastructure in the region. Whereas, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising industrialization in the emerging countries of Asia Pacific as well as growing urbanization in the region.
Major market players included in this report are:
A. P. Moller - Maersk
Deutsche Post AG
Nippon Express Co., Ltd.
Estes Express Lines
Saia, Inc.
FedEx Corporation
J.B. Hunt Transport Services, Inc.
Landstar System, Inc.
Schneider National, Inc.,
United Parcel Service of America, Inc.,
Recent Developments in the Market:
- In August 2019, Maersk announced a partnership with BlackBuck, an India based online freight booking and trucking services company to jointly launch an online platform for containerized trucking logistics in India.
- In July 2021, Penang-based logistics provider City Zone Express (CZE) rolled out a road freight service between Malaysia and Europe. CZE announced deploying a fleet of 150 trucks as a land-based alternative to connect Malaysia with Europe via Chongqing, China.
Global Freight Trucking Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Truck Type, Cargo Type, End-user, RegionRegional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Truck Type:
Dry van & box truck
Refrigerated truck
Tanker truck
Flatbed truck
Others
By Cargo Type:
Dry bulk goods
Liquids
Temperature controlled goods
Others
By End-User:
Retail and E-Commerce
Industrial and Manufacturing
Healthcare
Automotive
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Freight Trucking Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Freight Trucking Market, by Truck Type, 2019-2029 (USD Billion)
- 1.2.3. Freight Trucking Market, by Cargo Type, 2019-2029 (USD Billion)
- 1.2.4. Freight Trucking Market, by End-User, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Freight Trucking Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Freight Trucking Market Dynamics
- 3.1. Freight Trucking Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing expansion of E-commerce Sector worldwide
- 3.1.1.2. Increasing utilization of telematics in automobiles
- 3.1.1.3. Strategic initiatives from leading market players
- 3.1.2. Market Challenges
- 3.1.2.1. High cost associated with Freight Trucking
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing urbanization in developing regions
- 3.1.3.2. Rising expansion of logistics & transportation sector
- 3.1.1. Market Drivers
Chapter 4. Global Freight Trucking Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Investment Adoption Model
- 4.5. Analyst Recommendation & Conclusion
- 4.6. Top investment opportunity
- 4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Freight Trucking Market, by Truck Type
- 6.1. Market Snapshot
- 6.2. Global Freight Trucking Market by Truck Type, Performance - Potential Analysis
- 6.3. Global Freight Trucking Market Estimates & Forecasts by Truck Type, 2019-2029 (USD Billion)
- 6.4. Freight Trucking Market, Sub Segment Analysis
- 6.4.1. Dry van & box truck
- 6.4.2. Refrigerated truck
- 6.4.3. Tanker truck
- 6.4.4. Flatbed truck
- 6.4.5. Others
Chapter 7. Global Freight Trucking Market, by Cargo Type
- 7.1. Market Snapshot
- 7.2. Global Freight Trucking Market by Cargo Type, Performance - Potential Analysis
- 7.3. Global Freight Trucking Market Estimates & Forecasts by Cargo Type, 2019-2029 (USD Billion)
- 7.4. Freight Trucking Market, Sub Segment Analysis
- 7.4.1. Dry bulk goods, Liquids
- 7.4.2. Temperature controlled goods
- 7.4.3. Others
Chapter 8. Global Freight Trucking Market, by End-User
- 8.1. Market Snapshot
- 8.2. Global Freight Trucking Market by End-User, Performance - Potential Analysis
- 8.3. Global Freight Trucking Market Estimates & Forecasts by End-User, 2019-2029 (USD Billion)
- 8.4. Freight Trucking Market, Sub Segment Analysis
- 8.4.1. Retail and E-Commerce
- 8.4.2. Industrial and Manufacturing
- 8.4.3. Healthcare
- 8.4.4. Automotive
- 8.4.5. Others
Chapter 9. Global Freight Trucking Market, Regional Analysis
- 9.1. Freight Trucking Market, Regional Market Snapshot
- 9.2. North America Freight Trucking Market
- 9.2.1. U.S. Freight Trucking Market
- 9.2.1.1. Truck Type breakdown estimates & forecasts, 2019-2029
- 9.2.1.2. Cargo Type breakdown estimates & forecasts, 2019-2029
- 9.2.1.3. End-User breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Freight Trucking Market
- 9.2.1. U.S. Freight Trucking Market
- 9.3. Europe Freight Trucking Market Snapshot
- 9.3.1. U.K. Freight Trucking Market
- 9.3.2. Germany Freight Trucking Market
- 9.3.3. France Freight Trucking Market
- 9.3.4. Spain Freight Trucking Market
- 9.3.5. Italy Freight Trucking Market
- 9.3.6. Rest of Europe Freight Trucking Market
- 9.4. Asia-Pacific Freight Trucking Market Snapshot
- 9.4.1. China Freight Trucking Market
- 9.4.2. India Freight Trucking Market
- 9.4.3. Japan Freight Trucking Market
- 9.4.4. Australia Freight Trucking Market
- 9.4.5. South Korea Freight Trucking Market
- 9.4.6. Rest of Asia Pacific Freight Trucking Market
- 9.5. Latin America Freight Trucking Market Snapshot
- 9.5.1. Brazil Freight Trucking Market
- 9.5.2. Mexico Freight Trucking Market
- 9.6. Rest of The World Freight Trucking Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. A. P. Moller - Maersk
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Deutsche Post AG
- 10.2.3. Nippon Express Co., Ltd.
- 10.2.4. Estes Express Lines
- 10.2.5. Saia, Inc.,
- 10.2.6. FedEx Corporation
- 10.2.7. J.B. Hunt Transport Services, Inc.
- 10.2.8. Landstar System, Inc.
- 10.2.9. Schneider National, Inc.,
- 10.2.10. United Parcel Service of America, Inc.
- 10.2.1. A. P. Moller - Maersk
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Freight Trucking Market, report scope
- TABLE 2. Global Freight Trucking Market estimates & forecasts by Region 2019-2029 (USD Billion)
- TABLE 3. Global Freight Trucking Market estimates & forecasts by Truck Type 2019-2029 (USD Billion)
- TABLE 4. Global Freight Trucking Market estimates & forecasts by Cargo Type 2019-2029 (USD Billion)
- TABLE 5. Global Freight Trucking Market estimates & forecasts by End-User 2019-2029 (USD Billion)
- TABLE 6. Global Freight Trucking Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 7. Global Freight Trucking Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 8. Global Freight Trucking Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 9. Global Freight Trucking Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 10. Global Freight Trucking Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 11. Global Freight Trucking Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 12. Global Freight Trucking Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 13. Global Freight Trucking Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 14. Global Freight Trucking Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 15. Global Freight Trucking Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 16. U.S. Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 17. U.S. Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 18. U.S. Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 19. Canada Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 20. Canada Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 21. Canada Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 22. UK Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 23. UK Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 24. UK Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 25. Germany Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 26. Germany Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 27. Germany Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 28. France Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 29. France Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 30. France Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 31. Italy Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 32. Italy Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 33. Italy Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 34. Spain Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 35. Spain Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 36. Spain Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 37. RoE Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 38. RoE Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 39. RoE Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 40. China Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 41. China Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 42. China Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 43. India Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 44. India Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 45. India Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 46. Japan Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 47. Japan Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 48. Japan Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 49. South Korea Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 50. South Korea Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 51. South Korea Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 52. Australia Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 53. Australia Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 54. Australia Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 55. RoAPAC Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 56. RoAPAC Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 57. RoAPAC Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 58. Brazil Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 59. Brazil Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 60. Brazil Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 61. Mexico Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 62. Mexico Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 63. Mexico Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 64. RoLA Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 65. RoLA Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 66. RoLA Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 67. Row Freight Trucking Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 68. Row Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 69. Row Freight Trucking Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 70. List of secondary sources, used in the study of global Freight Trucking Market
- TABLE 71. List of primary sources, used in the study of global Freight Trucking Market
- TABLE 72. Years considered for the study
- TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
List of figures
- FIG 1. Global Freight Trucking Market, research methodology
- FIG 2. Global Freight Trucking Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Freight Trucking Market, key trends 2021
- FIG 5. Global Freight Trucking Market, growth prospects 2022-2029
- FIG 6. Global Freight Trucking Market, porters 5 force model
- FIG 7. Global Freight Trucking Market, pest analysis
- FIG 8. Global Freight Trucking Market, value chain analysis
- FIG 9. Global Freight Trucking Market by segment, 2019 & 2029 (USD Billion)
- FIG 10. Global Freight Trucking Market by segment, 2019 & 2029 (USD Billion)
- FIG 11. Global Freight Trucking Market by segment, 2019 & 2029 (USD Billion)
- FIG 12. Global Freight Trucking Market by segment, 2019 & 2029 (USD Billion)
- FIG 13. Global Freight Trucking Market by segment, 2019 & 2029 (USD Billion)
- FIG 14. Global Freight Trucking Market, regional snapshot 2019 & 2029
- FIG 15. North America Freight Trucking Market 2019 & 2029 (USD Billion)
- FIG 16. Europe Freight Trucking Market 2019 & 2029 (USD Billion)
- FIG 17. Asia Pacific Freight Trucking Market 2019 & 2029 (USD Billion)
- FIG 18. Latin America Freight Trucking Market 2019 & 2029 (USD Billion)
- FIG 19. Global Freight Trucking Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
