Oversized Cargo Transportation Market Set to Reach $329.4 Billion Globally by 2030

Dublin, Jan. 04, 2024 (GLOBE NEWSWIRE) -- The "Oversized Cargo Transportation - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Oversized Cargo Transportation estimated at US$265.3 Billion in the year 2022, is projected to reach a revised size of US$329.4 Billion by 2030, growing at a CAGR of 2.7% over the analysis period 2022-2030. Road, one of the segments analyzed in the report, is projected to record 3.1% CAGR and reach US$155.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Sea segment is readjusted to a revised 2.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $78.1 Billion, While China is Forecast to Grow at 2.5% CAGR

The Oversized Cargo Transportation market in the U.S. is estimated at US$78.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$58.2 Billion by the year 2030 trailing a CAGR of 2.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 2.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

Select Competitors (Total 13 Featured) -

  • Amerijet International, Inc.
  • APL Co. Pte Ltd.
  • Bohnet GmbH
  • DB Schenker
  • Dextra Industry & Transport Co., Ltd.
  • DSV A/S
  • Global Shipping Services, LLC
  • IB Cargo S.R.L. (Romania)
  • ISDB Logistik GmbH
  • Lynden, Inc.
  • Orient Overseas Container Line Limited (OOCL)
  • Panalpina World Transport (Holding) Ltd.
  • STA Logistic
  • TAD Logistic Limited
  • UAB Eivora
  • Zoey Logistics B.V.

Key Attributes:

Report AttributeDetails
No. of Pages259
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$265.3 Billion
Forecasted Market Value (USD) by 2030$329.4 Billion
Compound Annual Growth Rate2.7%
Regions CoveredGlobal

For more information about this report visit https://www.researchandmarkets.com/r/5f6vzm

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Global Market for Oversized Cargo Transportation

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