The Business Research Company published its Truck Transport Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Truck Transport market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the truck transport market’s segments- by type: general freight trucking; specialized freight trucking, by application: oil & gas; industrial & manufacturing; energy & mining; food & beverages; pharmaceuticals & healthcare; others, and by size: heavy trucks; medium trucks; light trucks subsegments covered: local general freight trucking; long-distance general freight trucking; automobiles and heavy equipment; bulk liquids; dry bulk materials; forest products; refrigerated goods.
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Truck Transport Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global truck transport market is expected to decline from $1609.2 billion in 2019 to $1591.8 billion in 2020 at a compound annual growth rate (CAGR) of -1.1%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9% from 2021 and reach $1984.9 billion in 2023.
Truck transportation companies are widely using robotics solutions to reduce delivery time and costs. These enable truck transportation companies move boxes and containers in and out of semitrailers and ocean freight containers, irrespective of their shape and size. Robotics mainly helps truck transportation companies reduce labor costs while speeding up shipment processing and delivery times.
Few Points From Table Of Content:
- Executive Summary
- Report Structure
- Truck Transport Market Characteristics
- Truck Transport Market Product Analysis
- Truck Transport Market Supply Chain
...
- Key Mergers And Acquisitions In The Truck Transport Market
- Market Background: Transport Services Market
- Recommendations
- Appendix
- Copyright And Disclaimer
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Few Points From List Of Tables
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Truck Transport Market, 2019, By Region, Value ($ Billion)
Table 4: Global Truck Transport Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
Table 5: Global Truck Transport Market, Growth And Market Share Comparison, By Region
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Table 117: Global Transport Services Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
Table 118: Global Transport Services Market, 2015-2019, 2023F, 2025F, 2030F, Segmentation By Type, Value ($ Billion)
Table 119: Global Truck Transport Market In 2023- Growth Countries
Table 120: Global Truck Transport Market In 2023- Growth Segments
Table 121: Global Truck Transport Market In 2023- Growth Strategies
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