Global Transport Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Transport Market Report by The Business Research Company covers transport market drivers and restraints, transport market size, major players, and the impact of COVID-19 on the transport market.
The transport market consists of sales of transportation equipment and related services by entities (organizations, sole traders and partnerships) that produce equipment for transporting people and goods. Transportation equipment is a type of machinery.
Stable economic growth is expected to increase investments in the end user markets, thereby driving the market during forecast period.
The global transport services market is expected to grow from $56.24 trillion in 2020 to $60 trillion in 2021 at a compound annual growth rate (CAGR) of 6.%.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 $82.67 trillion in 2025 at a CAGR of 8%.
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Some transport market trends include use of virtual reality and augmented reality technologies by transportation manufacturing companies for faster creation of physical prototypes and reduce manufacturing defects.
Global transport market segments include:
By Type: Motor Vehicle Parts, Motor Vehicles, Train And Components, Trailer, Motor Home, Travel Trailer And Camper, Ship And Boat Building And Repairing, All Other Transportation Equipment
Subsegments Covered: Motor Vehicle Body, Stamped Metal & Other Parts, Motor Vehicle Engine, Power Train & Parts, Motor Vehicle Electrical & Electronic Equipment, Steering Suspension & Interiors, Motorcycle And Bicycle, Passenger Car, Commercial Vehicle, Locomotives, Wagons & Other Rolling Stock, Parts & Accessories For Railway Vehicles, Dry Vans, Refrigerated Trailers, Tank Trailers, Flatbed Trailers, Lowboy Trailers, Other Trailers, Self-Contained Motor Homes Assembling, Van And Minivan Conversions, Travel Trailer, Camper, Ship Building And Repairing, Boat Building And Repairing
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest global transport market share.
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The Transport 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 transport market overviews, analyses and forecasts market size, share, transport market players, transport market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The transport market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Transport 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: Toyota Motor, Volkswagen Group, General Motors, Daimler AG, Ford Motor.
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 Transport 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 Transport Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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