Global Freight Transport Market Size & Outlook, 2022-2030
Global freight transport market, 2017-2030 (US$M)
Related Markets
Global freight transport market highlights
- The global freight transport market generated a revenue of USD 30,916.4 million in 2022 and is expected to reach USD 72,975.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 11.3% by 2030.
- In terms of segment, services accounted for a revenue of USD 20,817.7 million in 2022.
- Solution is the most lucrative offering segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 30,916.4 million |
| Market revenue in 2030 | USD 72,975.0 million |
| Growth rate | 11.3% (CAGR from 2022 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Solution |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 33.7% of the global freight transport market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 1,676.8 million by 2030.
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Freight Transport Market Scope
Freight Transport Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global freight transport market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to freight transport market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 67.34% in 2022. Horizon Databook has segmented the Global freight transport market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Freight Transport Offering Outlook (Revenue, USD Million, 2017-2030)
- Solution
- Freight Transportation Cost Management
- Freight Mobility Solution
- Freight Security And Monitoring System
- Freight Information Management System
- Fleet Tracking & Maintenance Solution
- Freight Operational Management Solutions
- Freight 3PL Solution
- Warehouse Management System
- Services
- Solution
- Global Freight Transport Transport Outlook (Revenue, USD Million, 2017-2030)
- Roadways
- Railways
- Waterways
- Airways
- Global Freight Transport End Use Outlook (Revenue, USD Million, 2017-2030)
- Retail & E-commerce
- Automotive
- Aerospace & Defense
- Pharmaceuticals
- Energy
- Others
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Target buyers of Global freight transport market databook
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Our clientele includes a mix of freight transport market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global freight transport market , including forecasts for subscribers. This global databook contains high-level insights into Global freight transport market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global freight transport market size, by regions, 2017-2030 (US$M)
Top 10 countries: Freight transport market size, 2022 (US$M)
Global freight transport market share, by offering, 2022 & 2030 (%, US$M)
Freight transport market: Opportunity assessment by country
Global freight transport market, by region, 2022 (US$M)
Related regional statistics
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