Global Specialized Freight Trucking Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Specialized Freight Trucking Market Report by The Business Research Company covers specialized freight trucking market drivers and restraints, specialized freight trucking market size, major players, and the impact of COVID-19 on the specialized freight trucking market.
The specialized freight trucking market consists of sales of specialized freight trucking services and related goods by entities (organizations, sole traders and partnerships) that provide over-the-road transportation of household and office goods. The specialized freight trucking market is segmented into automobiles and heavy equipment, bulk liquids, dry bulk materials, forest products and refrigerated goods.
The specialized freight trucking services market growth is aided by stable economic growth forecasted in many developed and developing countries.
The global specialized freight trucking market is expected to grow from $780.83 billion in 2020 to $847.35 billion in 2021 at a compound annual growth rate (CAGR) of 8.5%. 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 $1134.66 billion in 2025 at a CAGR of 8%.
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Some specialized freight trucking market trends include truck transportation companies widely using collision mitigation technology to reduce loss of lives and damages associated with accidents. Collision mitigation system detects the impending strike and alerts the driver about any collision. These systems are installed within the vehicle and in case of an imminent accident, they can take an action automatically without the driver’s input. These systems are becoming standard inbuilt feature on many new trucks in many countries globally.
Global specialized freight trucking market segments include:
1) By Type: Automobiles And Heavy Equipment, Bulk Liquids, Dry Bulk Materials, Forest Products, Refrigerated Goods.
2) By Application: Oil & Gas, Industrial & Manufacturing, Energy & Mining, Food & Beverages, Pharmaceuticals & Healthcare, Others.
3) By Size: Heavy Trucks, Medium Trucks, Light Trucks.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Specialized Freight Trucking Global Market Report 2021: COVID-19 Impact and Recovery to 2030 At:
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The Specialized Freight Trucking Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides specialized freight trucking market overviews, analyzes and forecasts market size, share, specialized freight trucking market players, specialized freight trucking market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The specialized freight trucking market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Specialized Freight Trucking Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: UPS (United Parcel Service), Fedex (Federal Express), Schneider National, C.H. Robinson, J.B. Hunt Transport Services.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The specialized freight trucking Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The specialized freight trucking Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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