Dublin, June 19, 2024 (GLOBE NEWSWIRE) -- The "European Road Freight Transport 2024" report has been added to ResearchAndMarkets.com's offering.
The growth outlook for European road freight remains subdued, however macroeconomic forecasts are changing positively. Data projects the market will return to growth in 2024, growing by 1.6%. What's the growth outlook for domestic and international markets and out to 2028? The European Road Freight Transport 2024 report provides in-depth data and comparative analysis.
The report analyses the competitive landscape in the market and offers in-depth market projections and trade forecasts: an essential tool for business leaders making critical decisions.
The report contains:
- Market sizing, growth rates and forecasts for 2023 and 2024 - 2028, split by country, domestic & international.
- Analysis of the key factors influencing demand, growth, opportunities, and challenges within the European Road Freight market.
- In-depth analysis and cost of ownership comparison of hydrogen, battery electric and diesel trucks.
- European Road Freight Transport Provider Profiles.
- Comparison of M&A activity within the market, including activity across sectors and regions.
- Competitive landscape
- Analysis of the State of Logistics European Road Freight Survey 2024
- Profiles of the top 10 most promising road freight start-ups in the European market.
Key Findings:
- The European road freight market is projected to expand by 1.6% in 2024.
- Domestic and international road freight markets will return to growth in 2024.
- Almost all European road freight markets are forecasted to grow in 2024.
- Toll increases across Europe will raise road freight rates by 5% to 10%.
- 5% of survey respondents state that load optimisation is one of the most effective strategies to mitigate rising operating costs.
- Consumer goods, high-tech and pharmaceuticals offer the best prospects for volume growth.
- A vast majority of surveyed road freight companies developed their digital freight booking platform internally.
- Almost all of the top 20 European road freight providers saw revenues decline in 2023.
- DB Schenker accounts for 1.8% of the road freight market, and is the clear market leader.
Top 10 Road Freight Startups to Watch in 2024
- Mansio - Truck Transport Solution
- Co2Opt - Tire Management
- Kodiak Robotics, Inc. - Autonomous Trucks: Kodiakdriver Solution
- Viaopt - Digital Freight Network for Private Fleets
- Nuvocargo Inc. - Digital Freight Forwarder
- Isee, Inc. - Autonomous Vehicles Powered by Ai
- Folofly Co. Ltd. - Electric Vehicles
- Clockwork Logistics Systems
- Torch Logistics, Inc. - Shorthaul Specialists Powered by Technology
- Cargon Logistica E Tecnologia Sa - Green Logistics, Fleet Management
Key Questions:
- How fast is the market forecast to grow out to 2028?
- How fast are domestic and international road freight markets forecast to grow out to 2028?
- Who are the top 10 road freight start-ups to watch in 2024?
- Automotive and e-commerce are important drivers of road freight growth, how will these markets perform over the coming months?
- What strategies are providers implementing in response to increased tolls?
- Which decarbonization pathway is the most cost-effective?
- Which sector is the most attractive target for consolidation among road freight forwarders?
- Who are the Top 20 European Road Freight providers?
- Which sectors offer the best prospects for volume growth?
Key Topics Covered:
Road Transport - State of Logistics Survey 2024
- Sample Demographics
- Margins
- Market Structure and FTL & LTL Split
- Sustainability
- Tolls
- Operating Costs and Strategies to Mitigate Rising Operating Costs
- Verticals
- Investment Focus Areas
- Challenges
- Technology
- Digital Freight Platforms
European Road Freight Transport Market Size & Growth - 2023, 2024 and 2028
- European Road Freight Transport Market Size & Growth
- Summary of Market Conditions
- Total European Road Freight Transport Market Size & Growth by Country)
Cost Comparison of Hydrogen, Battery Electric and Diesel Trucks - Which Decarbonization Pathway is the Most Cost Effective?
- Capital Costs for Diesel, BET and FCET
- Fuel Costs
- Maintenance Costs
- Government Regulation - Road Tolls
- TCO Comparison for Diesel, Bet and FCET
Competitive Landscape - Comparison of European Road Freight Providers
- Financial Comparison
- Comparison of M&A Activity in the European Road Freight Market
- Employees and Fleet Comparison
- Operational Analysis in the European Road
- Comparison of Sustainability Initiatives and Performance
European Road Freight Transport Provider Profiles
- CEVA/GEFCO
- Dachser
- DB Schenker
- DPDHL
- DSV A/S
- Fedex
- Geodis
- Kuehne + Nagel
- LKW Walter
- Rhenus Logistics
For more information about this report visit https://www.researchandmarkets.com/r/s344sa
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