Truck Transport Global Market Report 2021 by The Business Research Company 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 – both negative and positive – of COVID-19 on the truck transport industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected truck transport market growth numbers 2021-2030.
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The Truck Transport Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global truck transport market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Truck Transport Global Market Report 2021 covers truck transport market drivers, truck transport market trends, truck transport market growth rate, truck transport market major players, player-adopted strategies in the market, and truck transport market size.
The global truck transport market is expected to grow from $1.43 trillion in 2020 to $1.57 trillion in 2021 at a compound annual growth rate (CAGR) of 10.%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $2.13 trillion in 2025 at a CAGR of 8%.
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The report covers the truck transport market segments-
1) By Type: General Freight Trucking, Specialized Freight Trucking
2) By Application: Oil & Gas, Industrial & Manufacturing, Energy & Mining, Food & Beverages, Pharmaceuticals & Healthcare, Others
3) By Size: Heavy Trucks, Medium Trucks, Light Trucks
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