The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Construction sector expansion is predicted to boost innovation in oversized cargo transportation manufacturing, propelling the market during the forecast period.

The global oversized cargo transportation market is expected to grow from $191.25 billion in 2022 to $200.49 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The global oversized cargo transportation market size is expected to grow to $236.71 billion in 2027 at a CAGR of 4.2%.

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Global Oversized Cargo Transportation Market Segments Include:

• By Type: Road Transportation, Rail Transportation, Sea Transportation, Air Transportation
• By Application: Construction Industry, Mineral Industry, Petrochemical Industry, Other Applications
• By End Use: Food And Drug, Manufacturing, Other End Uses
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global oversized cargo transportation market in 2021.

Major Market Players in the oversized cargo transportation market include APL Logistics Ltd., Bohnet GmbH, DB Schenker, DSV A/S, IB Cargo LLP, ISDB Logistik GmbH, Lynden Incorporated, Orient Overseas Container Line Limited, STA Logistics Ltd., TAD Logistics Limited, UAB Eivora.

Technological advancements are a prevalent trend in the big cargo transportation business. To improve their position in the enormous cargo transportation sector, major corporations are focusing on developing novel transportation technology. For example, Atlas LTA Advanced Technology, Ltd., an Israel-based aerospace engineering corporation that builds aerostats, airships, and balloons, will launch the ‘ATLANT Cargo Airship’ in December 2020, a novel transportation technology. Its distinguishing feature is that it was designed with unmanned cargo operation and adaptive mooring in mind. It is a hybrid freight airship with a range of 2,000 km and VTOL (vertical take-off and landing) capabilities, as well as hybrid electric propulsion.

The Oversized Cargo Transportation Global Market Report 2023  provides a oversized cargo transportation market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The oversized cargo transportation market forecast analyzes oversized cargo transportation market size, oversized cargo transportation market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Oversized cargo transportation refers to cargo whose dimensions and weight surpass the size and weight of cargo that will fit in a typical container, limiting its ability to be carried conventionally. They are used to move large and heavy loads.

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