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Home » Oversized Cargo Transportation Market Set to Reach $329.4 Billion Globally by 2030
Press Release

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

By News RoomJanuary 4, 20242 Mins Read
Oversized Cargo Transportation Market Set to Reach 9.4 Billion Globally by 2030
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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 Attribute Details
No. of Pages 259
Forecast Period 2022 – 2030
Estimated Market Value (USD) in 2022 $265.3 Billion
Forecasted Market Value (USD) by 2030 $329.4 Billion
Compound Annual Growth Rate 2.7%
Regions Covered Global

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

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

  • Global Market for Oversized Cargo Transportation

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