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Road freight transportation is the movement of goods by surface transportation carriers, such as trucks and trailers.
LPI (LP Information)' newest research report, the "Road Freight Transportation Industry Forecast" looks at past sales and reviews total world Road Freight Transportation sales in 2022, providing a comprehensive analysis by region and market sector of projected Road Freight Transportation sales for 2023 through 2029. With Road Freight Transportation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Road Freight Transportation industry.
This Insight Report provides a comprehensive analysis of the global Road Freight Transportation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Road Freight Transportation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Road Freight Transportation market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Road Freight Transportation and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Road Freight Transportation.
The global Road Freight Transportation market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Road Freight Transportation is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Road Freight Transportation is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Road Freight Transportation is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Road Freight Transportation players cover UPS, FedEx Freight, J.B. Hunt Transport Services, YRC Worldwide, Swift Transportation, Schneider National, ArcBest and Estes Express Lines, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Road Freight Transportation market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
- Full Truckload
- Less-Than-Truckload
Segmentation by application
- Domestic
- International
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- UPS
- FedEx Freight
- J.B. Hunt Transport Services
- YRC Worldwide
- Swift Transportation
- Schneider National
- ArcBest
- Estes Express Lines