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(USGovernment-News.Com, December 26, 2018 ) The Business Research Company’s global transportation services market analysis covers the year-on-year growth of the global transportation services market historic and forecast growth. It also includes chapters on the transportation services market trends, geographical analysis, and competitive landscape.
The global transportation services market was valued at close to $6 trillion in 2017.
Transportation Services Market Segmentation
According to TBRC’s global transportation services market research, the
market is split by segments into general transportation, truck transportation, air transportation, rail transportation, transit and ground passenger transportation, warehousing and storage, water transportation,
and pipeline transportation.
General transportation includes organizations that provide transportation services within particular region or state in a country. It is the biggest segment with a market share of about 30%.
Truck transportation includes establishments offering trucks and tractor trailers to provide over-the-road transportation of cargo.
Air transportation includes organizations offering air transportation services of passengers and/or cargo. It includes services offered by both scheduled and nonscheduled air carriers, however, scenic and sightseeing air transportation and air courier services are not included under the air
Warehousing and Storage had the highest CAGR (compound annual growth rate) of about 7% during 2013-2017; this segment is expected to grow at a CAGR of nearly 8% % during 2017-2021. This is dur to the growing demand of storing food and preserving for next season and for better distribution.
The global transportation services market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
The global general transportation, truck transportation, air transportation, rail transportation, transit and ground passenger transportation, warehousing and storage, water transportation, and pipeline transportation market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the report are China Railway Corporation, Deutsche Post DHL Group, United Parcel Service, FedEx, and American Airlines Group.
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The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
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