U.S. Freight Transport Market Size & Outlook, 2022-2030
U.S. freight transport market, 2017-2030 (US$M)
Related Markets
U.S. freight transport market highlights
- The U.S. freight transport market generated a revenue of USD 8,233.1 million in 2022 and is expected to reach USD 18,454.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 10.6% from 2023 to 2030.
- In terms of segment, services was the largest revenue generating offering in 2022.
- Solution is the most lucrative offering segment registering the fastest growth during the forecast period.
Freight transport market data book summary
| Market revenue in 2022 | USD 8,233.1 million |
| Market revenue in 2030 | USD 18,454.3 million |
| Growth rate | 10.6% (CAGR from 2022 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Solution |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | FedEx Corp, United Parcel Service Inc Class B, DHL Group, Oracle Corp, SAP SE, Schneider National Inc, CEVA Logistics |
Other key industry trends
- In terms of revenue, U.S. accounted for 26.6% of the global freight transport market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. freight transport market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 18,454.3 million by 2030.
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Freight Transport Market Scope
Freight Transport Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 67.44% in 2022. Horizon Databook has segmented the U.S. freight transport market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
- U.S. 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
- U.S. Freight Transport Transport Outlook (Revenue, USD Million, 2017-2030)
- Roadways
- Railways
- Waterways
- Airways
- U.S. Freight Transport End Use Outlook (Revenue, USD Million, 2017-2030)
- Retail & E-commerce
- Automotive
- Aerospace & Defense
- Pharmaceuticals
- Energy
- Others
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Our clientele includes a mix of freight transport market companies, investment firms, advisory firms & academic institutions.
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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 country-level data and insights on the U.S. freight transport market , including forecasts for subscribers. This country databook contains high-level insights into U.S. freight transport market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. freight transport market size, by offering, 2017-2030 (US$M)
U.S. Freight Transport Market Outlook Share, 2022 & 2030 (US$M)
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