Freight Trucking Market - Forecast(2024 - 2030)

Freight Trucking Market - Forecast(2024 - 2030)

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The freight trucking market was valued at $2,732 billion in 2021, and is projected to reach $4,457.4 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031

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#Freight #trucking comprises heavy-duty trucks which are utilized for the #transportation of commodities, goods and cargo from one place to another. These heavy-duty trucks comprise a strong #chassis and a powerful engine to easily carry heavier loads. Usually, these trucks #transport #cargo between #warehouses, factories, wholesalers, and retailers. In addition, these trucks are available in different variants ranging from small pickups and semi-trailers #trucks to large goods to #heavy haulers that can handle oversized cargo.

The growth of the global #freight_trucking is propelling, due to increase in use of #telematics in automotive sector, expansion of #ecommerce industry globally, and rise in urbanization. Furthermore, development of self-driving #trucks is the factor expected to offer growth opportunities during the forecast period.

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The freight trucking is segmented on the basis of truck type, cargo type, end-user, and region. By truck type, it is segmented into dry van & box, refrigerated truck, tanker truck, flatbed truck, and others. By cargo type, it is classified into dry bulk goods, liquids, temperature controlled #goods, and others. By end-user, it is categorized into retail & e-commerce, manufacturing & industrial, healthcare, automotive, and others. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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In addition, several companies are also introducing new telematics solutions to enhance the capabilities of fleets. For instance, in January 2021, Mix Telematics announced the launch of a new app-based tracking solution for fleets, specially designed for providing real-time monitoring capabilities to aid the customers in improving the driver safety level and manage the risks.

?????? ??????????????: Ford Motor Company | General Motors | American Honda Motor Company, Inc. | Tesla | Nissan Motor Corporation | DENSO | Suzuki Motor Corporation | AISIN Europe | Mazda Motor Europe | Subaru of America | Bridgestone Americas | Mitsubishi Motors North America, Inc. | ANADOLU ISUZU | Parker Hannifin | Cummins Inc. | Lear Corporation

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