The Transport Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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https://www.thebusinessresearchcompany.com/report/transport-global-market-report
According to The Business Research Company’s Transport Global Market Report 2024, The transport market size has grown strongly in recent years. It will grow from $6375.45 billion in 2023 to $6880.47 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to economic growth, population growth, technological advancements, consumer behavior.
The transport market size is expected to see strong growth in the next few years. It will grow to $9180.44 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to environmental concerns, urbanization, global trade and supply chain trends, infrastructure investment, digitalization, demographic changes, e-commerce and last-mile delivery. Major trends in the forecast period include electrification and lightweighting, advanced materials, additive manufacturing, digitalization and connectivity, collaboration and partnerships, .
Recently, companies are encouraging lean and green inland transportation. For improved efficiency, companies are focusing on natural gas in shipping, improved vessel designs, efficient loading and unloading of cargo, and many more. The companies are also retrofitting old equipment in ships with emission reduction devices, hull cleaning and coating, and high-performance propellers and nozzles. Certain advanced propulsion systems, such as fuel cell hybrid drive technologies, will be available soon in the market. With these efforts, the inland transport market is seeing steady growth in the upcoming years.
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The transport market covered in this report is segmented –
1) By Type: Motor Vehicle Parts; Motor Vehicles; Train And Components; Trailer; Motor Home; Travel Trailer And Camper; Ship And Boat Building And Repairing; All Other Transportation Equipment
2) By Application: General Services; Dockage; Hull Part; Engine Parts; Electric Works; Auxiliary Services
3) By End-User: Transport Companies; Military; Other End Users
Subsegments Covered: Motor Vehicle Body, Stamped Metal & Other Parts; Motor Vehicle Engine, Power Train & Parts; Motor Vehicle Electrical & Electronic Equipment, Steering Suspension, & Interiors; Motorcycle And Bicycle; Passenger Car; Commercial Vehicle; Locomotives, Wagons, & Other Rolling Stock; Parts & Accessories For Railway Vehicles; Dry Vans; Refrigerated Trailers; Tank Trailers; Flatbed Trailers; Lowboy Trailers; Other Trailers; Self-Contained Motor Homes Assembling; Van And Minivan Conversions; Travel Trailer; Camper; Ship Building And Repairing; Boat Building And Repairing
The transport market report table of contents includes:
- Executive Summary
- Transport Market Characteristics
- Transport Product/Service Analysis -Product/Service Examples
- Transport Market Trends And Strategies
- Transport Market – Macro Economic Scenario
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- Global Transport Market Competitive Benchmarking
- Global Transport Market Competitive Dashboard
- Key Mergers And Acquisitions In The Transport Market
- Transport Market Future Outlook and Potential Analysis
- Appendix
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