Global Oversized Cargo Transportation Market, By Type (Road Transportation, Rail Transportation, Sea Transportation & Air Transportation), By Application (Construction, Energy & Petrochemicals, Metal & Mining & Others), By Region, Competition, Forecast & Opportunities, 2024

The Global Oversized Cargo Transportation Market stood at around $ 233 billion in 2018 and is projected to cross $ 315 billion by 2024 on account of increasing global trade. Oversized cargo transportation refers to moving overweight and bulky loads that exceed the authorized weight limits and dimensions from a point of origin to a desired destination. Transporting oversized cargo is not feasible through standard containers or standard road vehicles, as it involves high risks and requires efficient planning and execution.

In terms of type, oversized cargo transportation market is categorized into road transportation, rail transportation, sea transportation and air transportation. Among these types, road transportation category is anticipated to hold a significant portion of the Global Oversized Cargo Transportation Market during the forecast period. Major factors driving the growth of the market for oversized cargo transportation in the road transportation category is due to the cost-effectiveness, high loading capacity, technological advancements in logistics industry and improved connectivity of road transportation because of development of trade routes.

Regionally, the Global Oversized Cargo Transportation Market is categorized into Asia-Pacific, Europe, North America, Middle East & Africa and South America. North America oversized cargo transportation market leads the market owing to growing investments in heavy equipment and mining industries.

Years considered for this report:

• Historical Years: 2014-2017
• Base Year: 2018
• Estimated Year: 2019
• Forecast Period: 2020–2024

Objective of the Study:

• To analyze and forecast the market size of the Global Oversized Cargo Transportation Market
• To forecast the Global Oversized Cargo Transportation Market based on type, application and regional distribution
• To identify drivers and challenges for the Global Oversized Cargo Transportation Market
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Oversized Cargo Transportation Market
• To conduct pricing analysis for the Global Oversized Cargo Transportation Market
• To identify and analyze the profile of leading players operating in the Global Oversized Cargo Transportation Market

Some of the leading players in the Global Oversized Cargo Transportation Market are Kuehne + Nagel, DSV, DHL, OOCL, DB Schenker, Panalpina, IB Cargo, APL, Bohnet GmbH, Deugro, etc.

The author performed both primary as well as exhaustive secondary research for this study. Initially, researchers sourced a list of service providers across the globe. Subsequently, conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the author could include the players which could not be identified due to the limitations of secondary research. The author analyzed the service offerings, distribution channels and presence of all major service providers across the globe.

The author calculated the market size of the Global Oversized Cargo Transportation Market by using a top down and bottom-up approach, wherein data for various application across various end-user segments was recorded and forecast for the future years. researchers sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

• Oversized cargo transportation service providers
• Organizations, forums and alliances related to oversized cargo transportation market
• Government bodies such as regulating authorities and policy makers
• Key industrial customers for oversized cargo transportation
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as solution providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:

In this report, the Global Oversized Cargo Transportation Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Type:

• Road Transportation
• Rail Transportation
• Sea Transportation
• Air Transportation

Market, By Application:

• Construction
• Energy & Petrochemicals
• Metal & Mining
• Others

Market, By Region:

• North America
• United States
• Mexico
• Canada
• Asia-Pacific
• China
• India
• Indonesia
• Thailand
• Malaysia
• Europe
• Germany
• United Kingdom
• Norway
• Russia
• Denmark
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Nigeria
• South America
• Brazil
• Argentina
• Chile

Competitive Landscape

• Company Profiles: Detailed analysis of the major companies present in the Global Oversized Cargo Transportation Market.

Available Customizations:
With the given market data, the author offers customizations according to a customer's specific needs.