Global Freight Transport Management Market Analysis And Trends By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2023-2032

 

Global Freight Transport Market

The Global Freight Transport Market size was valued at US$ 30,910.21 million in 2022, and anticipated to grow at a CAGR of 12.4 % over the forecast period.

The market's expansion is attributed to the affordable shipping costs set by suppliers of goods transport services and the many free trade agreements between nations. For instance, the European Union and Canada established a comprehensive economic trade agreement. 98% of the tariffs on European goods traded between Europe and Canada are being eliminated by the Canadian government as a result of this agreement. By reducing commodity prices, that automatically boosts demand for freight transportation, such agreements contribute to the freight transport market growth.

Additionally, as e-commerce and entrepreneurial activity have increased, so has the demand for specialised freight transport and supply chain execution capabilities. Reduced logistics, inventory, and fixed expenses are benefits for shippers who hire freight transportation services. Due to their inability to manage global supply chain activities, some businesses have outsourced their goods delivery operations as a result of globalisation. Cargo transportation companies offer better and more creative ways to maximise the efficiency of their services, offering benefits including lower capital costs, door-to-door service, flexibility, and a lower chance of damage during transit.

Due to the availability of effective supply chain management, the existence of significant market participants in the e-commerce industry, and the necessary infrastructure, the industry has significantly evolved across the U.S. and Europe. The capacity to track different goods and freight in transit gives e-commerce businesses a complete view of the inventory and activities, which influences the demand for freight transport solutions. Moreover, handling moving products, reducing disruptions, proactive status updates, and risk mitigation aid shippers in enhancing customer experience and reducing costs. The supply chain is therefore anticipated to become more resilient as a result of adequate visibility.

 

Get a Free Sample Copy of a Research Report: https://analyticsmarketresearch.com/reports/freight-transport-market/31616/

 

Market Segmentation:

 By Component

·         Solution

o   Freight Transportation Cost Management

o   Freight Mobility Solution

o   Freight Security & Monitoring System

o   Freight Information Management System

o   Fleet Tracking & Maintenance Solution

o   Freight Operational Management Solutions

o   Freight 3PL Solution

o   Warehouse Management System

·         Services

o   Managed Services

o   Business Services

o   System Integration

By Transport Mode

·         Railways

·         Roadways

·         Seaways

·         Airways

By Industry Vertical

·         Retail & E-commerce

·         Automotive

·         Aerospace & Defence

·         Pharmaceuticals

·         Energy

·         Others

 

Key Player:

 C.H. Robinson Worldwide

Deutsche Post DHL Group

FedEx Corporation

Kuehne + Nagel International AG (Kuehne Holding AG)

 United Parcel Service

Schneider National

SAP SE

Nippon Express Co. Ltd.

Oracle Corporation

DSV A/S

 

 Regional Analysis:

All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Freight Transport market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

 Key Points: 

• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?

Get the Detail Information: https://analyticsmarketresearch.com/reports/freight-transport-market/31616/

About US:
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep -rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

Contact US:
Analytics Market Research
99 WALL STREET, #2124 NEW YORK, NY 10005
Phone: +1(650)-666-4592
Email: sales@analyticsmarketresearch.com
Web: https://analyticsmarketresearch.com/