+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Automobiles and Heavy Equipment Trucking Global Market Report 2022

  • PDF Icon

    Report

  • 175 Pages
  • April 2022
  • Region: Global
  • The Business Research Company
  • ID: 5568044
Rising Demand for Autonomous Transportation Expected to Drive Growth

FEATURED COMPANIES

  • C.H. Robinson
  • CEVA Logistics
  • DHL
  • FedEx Freight
  • J.B. Hunt Transport
  • Schneider National
The global automobiles and heavy equipment trucking market is expected to grow from $275.24 billion in 2021 to $305.7 billion in 2022 at a compound annual growth rate (CAGR) of 11.1%. The market is expected to grow to $444.54 billion in 2026 at a compound annual growth rate (CAGR) of 9.8%. Major players in the automobiles and heavy equipment trucking market are American Rail Center Logistics, CEVA Logistics, DHL, FedEx Freight, United Parcel Service, Schneider National, C.H. Robinson, and J.B. Hunt Transport.



The countries covered in the automobiles and heavy equipment trucking market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. Asia Pacific was the largest region in the automobiles and heavy equipment trucking market in 2021. North America was the second largest region in the automobiles and heavy equipment trucking market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The growing demand for autonomous transportation is expected to drive the growth of the automobiles and heavy equipment trucking market going forward. To enable the automobile to react to external conditions that a human driver will handle, an autonomous vehicle utilizes a fully automated driving system. According to the Victoria Transport Policy Institute’s report on autonomous vehicle implementation predictions published in June 2020, autonomous vehicles will be reliable, affordable, and safe by 2025 and is predicted to be commercially available in many areas by 2030. In 2019, Amazon started using Embark's self-driving trucks to move freight faster. Moreover, in 2020, Mercedes-Benz will release its semi-autonomous truck prototype scheduled for 2025. Therefore, the growing demand for autonomous transportation drives the growth of the automobiles and heavy equipment trucking market.

Advancing technologies is a major trend gaining popularity in the automobiles and heavy equipment trucking market. Major companies operating in the automobiles and heavy equipment trucking market are focusing on developing innovative technological solutions. For instance, in 2020, companies such as ACL Airshop are using CoreInsight Node Technology to provide advanced unit load (ULD) tracking with a Bluetooth ULD Tracking system for freight control, carrier shipment marking, air cargo monitoring, asset tracking, and reporting solutions. CoreInsight Node Technology enables producers to monitor deliveries, manage business intelligence (BI) packages, and help in activities remotely by accurately monitoring cargo with the help of ULD devices.

The impact of COVID-19 is expected to limit the growth of the automobiles and heavy equipment trucking market in the coming years. The transportation industry faces severe challenges due to coronavirus, supply chain disturbances, and national emergency delivery needs forcing fleet managers, dispatchers, and drivers to work extra hours, while transportation in other sectors, such as restaurant supply and live event equipment, has halted. According to the Center for Disease Control and Prevention, the trucking industry lost more than 88,000 jobs in April 2020, a 5.8% decline from March, out of a total of 20.5 million job losses in the USA across various industries, placing the nation's total unemployment rate at 14.7%. Additionally, a recent survey found that nearly half (48%) of carriers registered significantly lowered freight rates across the USA. Therefore, the impact of COVICD 19 restraints the growth of the automobiles and heavy equipment trucking market.

In February 2019, CMA CGM S.A., a French container transportation and shipping company acquired CEVA Logistics for $1.65 billion. This deal with CEVA Logistics will allow CMA CGM S.A. to create economies of scale by combining the two businesses. The company plans to expand its footprint in the logistics sector. CEVA Logistics is a USA-based logistics and supply chain company engaged in providing end-to-end supply chain services and solutions.
Frequently Asked Questions about the Global Automobiles and Heavy Equipment Trucking Market

What is the estimated value of the Global Automobiles and Heavy Equipment Trucking Market?

The Global Automobiles and Heavy Equipment Trucking Market was estimated to be valued at $305.7 Billion in 2022.

What is the growth rate of the Global Automobiles and Heavy Equipment Trucking Market?

The growth rate of the Global Automobiles and Heavy Equipment Trucking Market is 9.8%, with an estimated value of $444.5 Billion by 2026.

What is the forecasted size of the Global Automobiles and Heavy Equipment Trucking Market?

The Global Automobiles and Heavy Equipment Trucking Market is estimated to be worth $444.5 Billion by 2026.

Who are the key companies in the Global Automobiles and Heavy Equipment Trucking Market?

Key companies in the Global Automobiles and Heavy Equipment Trucking Market include American Rail Center Logistics, C.H. Robinson, CEVA Logistics, DHL, FedEx Freight, J.B. Hunt Transport and United Parcel Service.

FEATURED COMPANIES

  • C.H. Robinson
  • CEVA Logistics
  • DHL
  • FedEx Freight
  • J.B. Hunt Transport
  • Schneider National

1. Executive Summary2. Automobiles and Heavy Equipment Trucking Market Characteristics3. Automobiles and Heavy Equipment Trucking Market Trends and Strategies4. Impact of COVID-19 on Automobiles and Heavy Equipment Trucking
5. Automobiles and Heavy Equipment Trucking Market Size and Growth
5.1. Global Automobiles and Heavy Equipment Trucking Historic Market, 2016-2021, $ Billion
5.1.1. Drivers of the Market
5.1.2. Restraints on the Market
5.2. Global Automobiles and Heavy Equipment Trucking Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers of the Market
5.2.2. Restraints on the Market
6. Automobiles and Heavy Equipment Trucking Market Segmentation
6.1. Global Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Business Services
  • Managed Services
  • System Integrator
  • Other Types
6.2. Global Automobiles and Heavy Equipment Trucking Market, Segmentation by Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Cars and Light Trucks
  • Medium and Heavy Trucks
  • Farm and Construction Equipment
  • Other Applications
6.3. Global Automobiles and Heavy Equipment Trucking Market, Segmentation by Size, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Heavy Trucks
  • Medium Trucks
  • Light Trucks

7. Automobiles and Heavy Equipment Trucking Market Regional and Country Analysis
7.1. Global Automobiles and Heavy Equipment Trucking Market, Split by Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Automobiles and Heavy Equipment Trucking Market, Split by Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Automobiles and Heavy Equipment Trucking Market
8.1. Asia-Pacific Automobiles and Heavy Equipment Trucking Market Overview
  • Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Automobiles and Heavy Equipment Trucking Market
9.1. China Automobiles and Heavy Equipment Trucking Market Overview
9.2. China Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Automobiles and Heavy Equipment Trucking Market
10.1. India Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Automobiles and Heavy Equipment Trucking Market
11.1. Japan Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Automobiles and Heavy Equipment Trucking Market
12.1. Australia Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Automobiles and Heavy Equipment Trucking Market
13.1. Indonesia Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Automobiles and Heavy Equipment Trucking Market
14.1. South Korea Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Automobiles and Heavy Equipment Trucking Market
15.1. Western Europe Automobiles and Heavy Equipment Trucking Market Overview
15.2. Western Europe Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Automobiles and Heavy Equipment Trucking Market
16.1. UK Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Automobiles and Heavy Equipment Trucking Market
17.1. Germany Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Automobiles and Heavy Equipment Trucking Market
18.3. France Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Automobiles and Heavy Equipment Trucking Market
19.1. Eastern Europe Automobiles and Heavy Equipment Trucking Market Overview
19.2. Eastern Europe Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Automobiles and Heavy Equipment Trucking Market
20.1. Russia Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Automobiles and Heavy Equipment Trucking Market
21.1. North America Automobiles and Heavy Equipment Trucking Market Overview
21.2. North America Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Automobiles and Heavy Equipment Trucking Market
22.1. USA Automobiles and Heavy Equipment Trucking Market Overview
22.2. USA Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Automobiles and Heavy Equipment Trucking Market
23.1. South America Automobiles and Heavy Equipment Trucking Market Overview
23.2. South America Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Automobiles and Heavy Equipment Trucking Market
24.1. Brazil Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Automobiles and Heavy Equipment Trucking Market
25.1. Middle East Automobiles and Heavy Equipment Trucking Market Overview
25.2. Middle East Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Automobiles and Heavy Equipment Trucking Market
26.1. Africa Automobiles and Heavy Equipment Trucking Market Overview
26.2. Africa Automobiles and Heavy Equipment Trucking Market, Segmentation by Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Automobiles and Heavy Equipment Trucking Market Competitive Landscape and Company Profiles
27.1. Automobiles and Heavy Equipment Trucking Market Competitive Landscape
27.2. Automobiles and Heavy Equipment Trucking Market Company Profiles
27.2.1. American Rail Center Logistics
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. CEVA Logistics
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. DHL
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. FedEx Freight
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. United Parcel Service
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
29. Key Mergers and Acquisitions in the Automobiles and Heavy Equipment Trucking Market29. Automobiles and Heavy Equipment Trucking Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer

FEATURED COMPANIES

  • C.H. Robinson
  • CEVA Logistics
  • DHL
  • FedEx Freight
  • J.B. Hunt Transport
  • Schneider National
The Automobiles and Heavy Equipment Trucking Global Market Report 2022 provides strategists, marketers, and senior management with the critical information they need to assess the global automobiles and heavy equipment trucking market as it emerges from the COVID-19 shut down.


Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies. 
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates. 
  • Create regional and country strategies on the basis of local data and analysis. 
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market. 
  • Understand customers based on the latest market research findings. 
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Where is the largest and fastest growing market for the automobiles and heavy equipment trucking? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Automobiles and Heavy Equipment market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider automobiles and heavy equipment trucking market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery. 
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets. 
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The automobiles and heavy equipment trucking market section of the report gives context. It compares the automobiles and heavy equipment trucking market with other segments of the automobiles and heavy equipment trucking market by size and growth, historic and forecast.

Scope


Markets Covered:

  1. By Type: Business Services; Managed Services; System Integrator; Other Types
  2. By Application: Cars And Light Trucks; Medium And Heavy Trucks; Farm And Construction Equipment; Other Applications
  3. By Size: Heavy Trucks; Medium Trucks; Light Trucks

Companies Mentioned: American Rail Center Logistics; CEVA Logistics; DHL; FedEx Freight; United Parcel Service

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

A selection of companies mentioned in this report includes:

  • American Rail Center Logistics
  • C.H. Robinson
  • CEVA Logistics
  • DHL
  • FedEx Freight
  • J.B. Hunt Transport
  • Schneider National
  • United Parcel Service

Loading
LOADING...