Canada Transportation Technology Market Size & Outlook

The transportation technology market in Canada is expected to reach a projected revenue of US$ 49,548.9 million by 2030. A compound annual growth rate of 23.2% is expected of Canada transportation technology market from 2024 to 2030.
Revenue, 2023 (US$M)
$11,476.0
Forecast, 2030 (US$M)
$49,548.9
CAGR, 2024 - 2030
23.2%
Report Coverage
Canada

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Canada transportation technology market, 2018-2030 (US$M)

Canada transportation technology market, 2018-2030 (US$M)

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Canada transportation technology market highlights

  • The Canada transportation technology market generated a revenue of USD 11,476.0 million in 2023 and is expected to reach USD 49,548.9 million by 2030.
  • The Canada market is expected to grow at a CAGR of 23.2% from 2024 to 2030.
  • In terms of segment, roadway was the largest revenue generating transportation mode in 2023.
  • Railway is the most lucrative transportation mode segment registering the fastest growth during the forecast period.


Transportation technology market data book summary

Market revenue in 2023USD 11,476.0 million
Market revenue in 2030USD 49,548.9 million
Growth rate23.2% (CAGR from 2023 to 2030)
Largest segmentRoadway
Fastest growing segmentRailway
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRoadway, Railway


Other key industry trends

  • In terms of revenue, Canada accounted for 8.1% of the global transportation technology market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. transportation technology market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 27,058.4 million by 2030.

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Transportation Technology Market Scope

Transportation technology market segmentation & scope
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Transportation Technology Market Companies

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Canada transportation technology 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 transportation technology market will help companies and investors design strategic landscapes.


Roadway was the largest segment with a revenue share of 69.14% in 2023. Horizon Databook has segmented the Canada transportation technology market based on roadway, railway covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Canada transportation technology market databook

  • Our clientele includes a mix of transportation technology market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 Canada transportation technology market, including forecasts for subscribers. This country databook contains high-level insights into Canada transportation technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada transportation technology market size, by transportation mode, 2018-2030 (US$M)

Canada Transportation Technology Market Share, 2023 & 2030 (US$M)

Canada transportation technology market size, by transportation mode, 2018-2030 (US$M)

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