SAN FRANCISCO, Oct. 22, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Road Freight Transportation - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Released: April 2021
Executive Pool: 412
Companies: 46 - Players covered include Alkom-Trans SIA ; DB Schenker; Deutsche Post AG (DHL Group); DSV A/S; Fercam S.p.A.; First European Logistics Ltd.; FM Logistic; Gondrand Group; Ital Logistics Ltd.; KLG Europe; Kuehne + Nagel, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Segment (Road Freight Transportation)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Road Freight Transportation Market to Reach $4.7 Trillion by 2026
Amid the COVID-19 crisis, the global market for Road Freight Transportation estimated at US$3.5 Trillion in the year 2020, is projected to reach a revised size of US$4.7 Trillion by 2026, growing at a CAGR of 4.9% over the analysis period.
The U.S. Market is Estimated at $994.4 Billion in 2021, While China is Forecast to Reach $931.4 Billion by 2026
The Road Freight Transportation market in the U.S. is estimated at US$994.4 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$931.4 Billion by the year 2026 trailing a CAGR of 7.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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Global Industry Analysts, Inc.
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SOURCE Global Industry Analysts, Inc.
Source : https://finance.yahoo.com/news/market-size-valued-4-7-152500725.html1175