The global Freight Trucking market size is projected to reach US$ 1110460 million by 2027, from US$ 875560 million in 2020, at a Compound Annual Growth Rate (CAGR) of 3.0% during 2021-2027. The rising e-commerce sector is expected to increase the growth of the freight trucking market. Freight trucking is a cost-effective means of transport for goods and services, thus it is in high demand in a variety of industries, including oil and gas, manufacturing, construction, mining, chemicals, and others. Freight trucks are used to carry goods such as dry bulk, oil and gas, postal, chemicals and others from one place to another.
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
The growing online retailing business is expected to drive the growth of the freight trucking market. The e-commerce market has grown significantly in recent years as a result of the growing number of individuals who use the internet, where every product is just a few clicks away. Customers have been drawn to the e-commerce business, which has aided the freight trucking market's growth as ordered products are transported via various methods.
The readers in the section will understand how the Freight Trucking market scenario changed across the globe during the pandemic and post-pandemic. The study is done keeping in view the changes in aspects such as production, demand, consumption, supply chain. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
Key segments including type, and application have been elaborated in this report. The consultants at QY Research have studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and application during the historical period (2016-2021) and forecast period (2022-2027).
Based on region, The Asia Pacific segment is expected to be the most lucrative region. During the projected period, the Freight Trucking market is expected to be driven by growing industrialization in APAC's rising countries, such as China, India, South Korea, and Japan. The region's market growth is being aided by increased import and export operations in these growing economies.
In this section, the readers will gain an understanding of the key players competing. The experts have studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and production by manufacturers for the period 2016-2021. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
Report Metric |
Details |
Report Name |
Freight Trucking Market |
The market size in 2020 |
USD 875560 Million |
The revenue forecast in 2027 |
USD 1110460 Million |
Growth Rate |
Compound Annual Growth Rate (CAGR) of 3.0% from 2021 to 2027 |
Market size available for years |
2021-2027 |
Forecast units |
Value (USD) |
Segments covered |
Type, End-User, Offerings, and Region |
Report coverage |
Revenue & volume forecast, company share, competitive landscape, growth factors, and trends |
Geographic regions covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Ans. The global freight trucking market size is projected to reach US$ 1110460 million by 2027, from US$ 875560 million in 2020, at a Compound Annual Growth Rate (CAGR) of 3.0% during 2021-2027
Ans. Based on application, the Industrial & manufacturing segment is expected to be the most lucrative segment.
Ans. The Asia Pacific segment is expected to be the most lucrative region
Ans. Due to rising demand for ready-to-eat snacks, perishable meals, energy drinks, and other products, the food and beverage sector is contributing to freight trucking market growth.
Ans. To get latest version of freight trucking market report can be obtained on demand from the website.
1 Freight Trucking Market Overview
1.1 Product Overview and Scope of Freight Trucking
1.2 Freight Trucking Segment by Type
1.2.1 Global Freight Trucking Market Size Growth Rate Analysis by Type 2021 VS 2027
1.2.2 Lorry Tank
1.2.3 Truck Trailer
1.2.4 Refrigerated Truck
1.2.5 Flatbed Truck
1.3 Freight Trucking Segment by Application
1.3.1 Global Freight Trucking Consumption Comparison by Application: 2016 VS 2021 VS 2027
1.3.2 Oil and Gas
1.3.3 Industrial and Manufacturing
1.3.4 Defense
1.3.5 Energy and Mining
1.3.6 Chemicals
1.3.7 Pharmaceuticals and Healthcare
1.3.8 Food and Beverages
1.3.9 Others
1.4 Global Market Growth Prospects
1.4.1 Global Freight Trucking Revenue Estimates and Forecasts (2016-2027)
1.4.2 Global Freight Trucking Production Estimates and Forecasts (2016-2027)
1.5 Global Market Size by Region
1.5.1 Global Freight Trucking Market Size Estimates and Forecasts by Region: 2016 VS 2021 VS 2027
1.5.2 North America Freight Trucking Estimates and Forecasts (2016-2027)
1.5.3 Europe Freight Trucking Estimates and Forecasts (2016-2027)
1.5.4 China Freight Trucking Estimates and Forecasts (2016-2027)
1.5.5 Japan Freight Trucking Estimates and Forecasts (2016-2027)
1.5.6 South Korea Freight Trucking Estimates and Forecasts (2016-2027)
1.5.7 India Freight Trucking Estimates and Forecasts (2016-2027)
2 Market Competition by Manufacturers
2.1 Global Freight Trucking Production Market Share by Manufacturers (2016-2021)
2.2 Global Freight Trucking Revenue Market Share by Manufacturers (2016-2021)
2.3 Freight Trucking Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Freight Trucking Average Price by Manufacturers (2016-2021)
2.5 Manufacturers Freight Trucking Production Sites, Area Served, Product Types
2.6 Freight Trucking Market Competitive Situation and Trends
2.6.1 Freight Trucking Market Concentration Rate
2.6.2 Global 5 and 10 Largest Freight Trucking Players Market Share by Revenue
2.6.3 Mergers & Acquisitions, Expansion
3 Production and Capacity by Region
3.1 Global Production of Freight Trucking Market Share by Region (2016-2021)
3.2 Global Freight Trucking Revenue Market Share by Region (2016-2021)
3.3 Global Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
3.4 North America Freight Trucking Production
3.4.1 North America Freight Trucking Production Growth Rate (2016-2021)
3.4.2 North America Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Freight Trucking Production
3.5.1 Europe Freight Trucking Production Growth Rate (2016-2021)
3.5.2 Europe Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
3.6 China Freight Trucking Production
3.6.1 China Freight Trucking Production Growth Rate (2016-2021)
3.6.2 China Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
3.7 Japan Freight Trucking Production
3.7.1 Japan Freight Trucking Production Growth Rate (2016-2021)
3.7.2 Japan Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
3.8 South Korea Freight Trucking Production
3.8.1 South Korea Freight Trucking Production Growth Rate (2016-2021)
3.8.2 South Korea Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
3.9 India Freight Trucking Production
3.9.1 India Freight Trucking Production Growth Rate (2016-2021)
3.9.2 India Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
4 Global Freight Trucking Consumption by Region
4.1 Global Freight Trucking Consumption by Region
4.1.1 Global Freight Trucking Consumption by Region
4.1.2 Global Freight Trucking Consumption Market Share by Region
4.2 North America
4.2.1 North America Freight Trucking Consumption by Country
4.2.2 U.S.
4.2.3 Canada
4.3 Europe
4.3.1 Europe Freight Trucking Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific Freight Trucking Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America Freight Trucking Consumption by Country
4.5.2 Mexico
4.5.3 Brazil
5 Production, Revenue, Price Trend by Type
5.1 Global Freight Trucking Production Market Share by Type (2016-2021)
5.2 Global Freight Trucking Revenue Market Share by Type (2016-2021)
5.3 Global Freight Trucking Price by Type (2016-2021)
6 Consumption Analysis by Application
6.1 Global Freight Trucking Consumption Market Share by Application (2016-2021)
6.2 Global Freight Trucking Consumption Growth Rate by Application (2016-2021)
7 Key Companies Profiled
7.1 Cargo Carriers
7.1.1 Cargo Carriers Freight Trucking Corporation Information
7.1.2 Cargo Carriers Freight Trucking Product Portfolio
7.1.3 Cargo Carriers Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
7.1.4 Cargo Carriers Main Business and Markets Served
7.1.5 Cargo Carriers Recent Developments/Updates
7.2 UPS
7.2.1 UPS Freight Trucking Corporation Information
7.2.2 UPS Freight Trucking Product Portfolio
7.2.3 UPS Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
7.2.4 UPS Main Business and Markets Served
7.2.5 UPS Recent Developments/Updates
7.3 FedEx
7.3.1 FedEx Freight Trucking Corporation Information
7.3.2 FedEx Freight Trucking Product Portfolio
7.3.3 FedEx Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
7.3.4 FedEx Main Business and Markets Served
7.3.5 FedEx Recent Developments/Updates
7.4 Ceva Holdings
7.4.1 Ceva Holdings Freight Trucking Corporation Information
7.4.2 Ceva Holdings Freight Trucking Product Portfolio
7.4.3 Ceva Holdings Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
7.4.4 Ceva Holdings Main Business and Markets Served
7.4.5 Ceva Holdings Recent Developments/Updates
7.5 Tuma Transport
7.5.1 Tuma Transport Freight Trucking Corporation Information
7.5.2 Tuma Transport Freight Trucking Product Portfolio
7.5.3 Tuma Transport Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
7.5.4 Tuma Transport Main Business and Markets Served
7.5.5 Tuma Transport Recent Developments/Updates
7.6 Swift Transport
7.6.1 Swift Transport Freight Trucking Corporation Information
7.6.2 Swift Transport Freight Trucking Product Portfolio
7.6.3 Swift Transport Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
7.6.4 Swift Transport Main Business and Markets Served
7.6.5 Swift Transport Recent Developments/Updates
7.7 Interlogix
7.7.1 Interlogix Freight Trucking Corporation Information
7.7.2 Interlogix Freight Trucking Product Portfolio
7.7.3 Interlogix Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
7.7.4 Interlogix Main Business and Markets Served
7.7.5 Interlogix Recent Developments/Updates
7.8 Kuhne+Nagel
7.8.1 Kuhne+Nagel Freight Trucking Corporation Information
7.8.2 Kuhne+Nagel Freight Trucking Product Portfolio
7.8.3 Kuhne+Nagel Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
7.8.4 Kuhne+Nagel Main Business and Markets Served
7.7.5 Kuhne+Nagel Recent Developments/Updates
7.9 Transtech Logistics
7.9.1 Transtech Logistics Freight Trucking Corporation Information
7.9.2 Transtech Logistics Freight Trucking Product Portfolio
7.9.3 Transtech Logistics Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
7.9.4 Transtech Logistics Main Business and Markets Served
7.9.5 Transtech Logistics Recent Developments/Updates
7.10 Procet Freight
7.10.1 Procet Freight Freight Trucking Corporation Information
7.10.2 Procet Freight Freight Trucking Product Portfolio
7.10.3 Procet Freight Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
7.10.4 Procet Freight Main Business and Markets Served
7.10.5 Procet Freight Recent Developments/Updates
7.11 Concargo
7.11.1 Concargo Freight Trucking Corporation Information
7.11.2 Concargo Freight Trucking Product Portfolio
7.11.3 Concargo Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
7.11.4 Concargo Main Business and Markets Served
7.11.5 Concargo Recent Developments/Updates
7.12 J&J Global
7.12.1 J&J Global Freight Trucking Corporation Information
7.12.2 J&J Global Freight Trucking Product Portfolio
7.12.3 J&J Global Freight Trucking Production, Revenue, Price and Gross Margin (2016-2021)
7.12.4 J&J Global Main Business and Markets Served
7.12.5 J&J Global Recent Developments/Updates
8 Freight Trucking Manufacturing Cost Analysis
8.1 Freight Trucking Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Raw Materials Price Trend
8.1.3 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Freight Trucking
8.4 Freight Trucking Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Freight Trucking Distributors List
9.3 Freight Trucking Customers
10 Market Dynamics
10.1 Freight Trucking Industry Trends
10.2 Freight Trucking Growth Drivers
10.3 Freight Trucking Market Challenges
10.4 Freight Trucking Market Restraints
11 Production and Supply Forecast
11.1 Global Forecasted Production of Freight Trucking by Region (2022-2027)
11.2 North America Freight Trucking Production, Revenue Forecast (2022-2027)
11.3 Europe Freight Trucking Production, Revenue Forecast (2022-2027)
11.4 China Freight Trucking Production, Revenue Forecast (2022-2027)
11.5 Japan Freight Trucking Production, Revenue Forecast (2022-2027)
11.6 South Korea Freight Trucking Production, Revenue Forecast (2022-2027)
11.7 India Freight Trucking Production, Revenue Forecast (2022-2027)
12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of Freight Trucking
12.2 North America Forecasted Consumption of Freight Trucking by Country
12.3 Europe Market Forecasted Consumption of Freight Trucking by Country
12.4 Asia Pacific Market Forecasted Consumption of Freight Trucking by Region
12.5 Latin America Forecasted Consumption of Freight Trucking by Country
13 Forecast by Type and by Application (2022-2027)
13.1 Global Production, Revenue and Price Forecast by Type (2022-2027)
13.1.1 Global Forecasted Production of Freight Trucking by Type (2022-2027)
13.1.2 Global Forecasted Revenue of Freight Trucking by Type (2022-2027)
13.1.3 Global Forecasted Price of Freight Trucking by Type (2022-2027)
13.2 Global Forecasted Consumption of Freight Trucking by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer
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