Global Road Freight Transport Market 2023-2027

Global Road Freight Transport Market 2023-2027

Technavio has been monitoring the road freight transport market and is forecast to grow by $130.56 bn during 2022-2027, accelerating at a CAGR of 6.03% during the forecast period. Our report on the road freight transport market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid growth in the E-commerce industry, growing retail sales in APAC, and increasing cross-border trade.

Technavio's road freight transport market is segmented as below:

By Vehicle Type

  • Medium
  • Heavy commercial vehicle
  • Light commercial vehicle
By End-user
  • Manufacturing
  • Automotive
  • Consumer goods
  • Food and beverage
  • Others
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the use of blockchain in the road transport industry as one of the prime reasons driving the road freight transport market growth during the next few years. Also, the introduction of self-driven trucks and inorganic growth strategies will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters. Our report on the road freight transport market covers the following areas:
  • Road freight transport market sizing
  • Road freight transport market forecast
  • Road freight transport market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading road freight transport market vendors that include AlkomTrans, Cargo Carriers Ltd., CEVA Logistics AG, CJ Logistics Corp., Deutsche Bahn AG, Deutsche Post AG, DSV AS, FedEx Corp., Fercam Spa, First European Logistics Ltd., Ital Logistics Ltd., J.B. Hunt Transport Services Inc., Kerry Logistics Network Ltd., KLG Europe, Kuehne and Nagel International AG, NGL Gondrand Group SA, Nippon Express Holdings Inc., Overland Total Logistics Services Sdn. Bhd., SNCF Group, and Yellow Corp. Also, the road freight transport market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Vehicle Type
      • Table Executive Summary – Chart on Market Segmentation by End-user
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global road freight transport market 2017 - 2021
      • Table Historic Market Size – Data table on global road freight transport market 2017 - 2021 ($ billion)
    • Vehicle type Segment Analysis 2017 - 2021
      • Table Historic Market Size – Vehicle type Segment 2017 - 2021 ($ billion)
    • End-user Segment Analysis 2017 - 2021
      • Table Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size – Country Segment 2017 - 2021 ($ billion)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Vehicle Type
    • Market segments
      • Table Chart on Vehicle Type - Market share 2022-2027 (%)
      • Table Data Table on Vehicle Type - Market share 2022-2027 (%)
    • Comparison by Vehicle Type
      • Table Chart on Comparison by Vehicle Type
      • Table Data Table on Comparison by Vehicle Type
    • Medium and heavy commercial vehicle - Market size and forecast 2022-2027
      • Table Chart on Medium and heavy commercial vehicle - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Medium and heavy commercial vehicle - Market size and forecast 2022- 2027 ($ billion)
      • Table Chart on Medium and heavy commercial vehicle - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Medium and heavy commercial vehicle - Year-over-year growth 2022-2027 (%)
    • Light commercial vehicle - Market size and forecast 2022-2027
      • Table Chart on Light commercial vehicle - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Light commercial vehicle - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Light commercial vehicle - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Light commercial vehicle - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Vehicle Type
      • Table Market opportunity by Vehicle Type ($ billion)
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2022-2027 (%)
      • Table Data Table on End-user - Market share 2022-2027 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Manufacturing - Market size and forecast 2022-2027
      • Table Chart on Manufacturing - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Manufacturing - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Manufacturing - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Manufacturing - Year-over-year growth 2022-2027 (%)
    • Automotive - Market size and forecast 2022-2027
      • Table Chart on Automotive - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Automotive - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • Consumer goods - Market size and forecast 2022-2027
      • Table Chart on Consumer goods - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Consumer goods - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Consumer goods - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Consumer goods - Year-over-year growth 2022-2027 (%)
    • Food and beverage - Market size and forecast 2022-2027
      • Table Chart on Food and beverage - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Food and beverage - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Food and beverage - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Food and beverage - Year-over-year growth 2022-2027 (%)
    • Others - Market size and forecast 2022-2027
      • Table Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Others - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Others - Year-over-year growth 2022-2027 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • Japan - Market size and forecast 2022-2027
      • Table Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • France - Market size and forecast 2022-2027
      • Table Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on France - Year-over-year growth 2022-2027 (%)
      • Table Data Table on France - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Rapid growth in the e-commerce industry
      • Growing retail sales in APAC
    • Market challenges
      • High operational costs and competitive pricing
      • Unavailability of truck drivers
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Use of blockchain in road transport industry
      • Introduction of self-driven trucks
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • AlkomTrans
      • Table AlkomTrans - Overview
      • Table AlkomTrans - Product / Service
      • Table AlkomTrans - Key offerings
    • Cargo Carriers Ltd.
      • Table Cargo Carriers Ltd. - Overview
      • Table Cargo Carriers Ltd. - Product / Service
      • Table Cargo Carriers Ltd. - Key offerings
    • CEVA Logistics AG
      • Table CEVA Logistics AG - Overview
      • Table CEVA Logistics AG - Business segments
      • Table CEVA Logistics AG - Key news
      • Table CEVA Logistics AG - Key offerings
      • Table CEVA Logistics AG - Segment focus
    • CJ Logistics Corp.
      • Table CJ Logistics Corp. - Overview
      • Table CJ Logistics Corp. - Product / Service
      • Table CJ Logistics Corp. - Key offerings
    • Deutsche Bahn AG
      • Table Deutsche Bahn AG - Overview
      • Table Deutsche Bahn AG - Business segments
      • Table Deutsche Bahn AG - Key offerings
      • Table Deutsche Bahn AG - Segment focus
    • Deutsche Post AG
      • Table Deutsche Post AG - Overview
      • Table Deutsche Post AG - Business segments
      • Table Deutsche Post AG - Key news
      • Table Deutsche Post AG - Key offerings
      • Table Deutsche Post AG - Segment focus
    • DSV AS
      • Table DSV AS - Overview
      • Table DSV AS - Business segments
      • Table DSV AS - Key offerings
      • Table DSV AS - Segment focus
    • FedEx Corp.
      • Table FedEx Corp. - Overview
      • Table FedEx Corp. - Business segments
      • Table FedEx Corp. - Key offerings
      • Table FedEx Corp. - Segment focus
    • Fercam Spa
      • Table Fercam Spa - Overview
      • Table Fercam Spa - Product / Service
      • Table Fercam Spa - Key offerings
    • First European Logistics Ltd.
      • Table First European Logistics Ltd. - Overview
      • Table First European Logistics Ltd. - Product / Service
      • Table First European Logistics Ltd. - Key offerings
    • Kerry Logistics Network Ltd.
      • Table Kerry Logistics Network Ltd. - Overview
      • Table Kerry Logistics Network Ltd. - Business segments
      • Table Kerry Logistics Network Ltd. - Key news
      • Table Kerry Logistics Network Ltd. - Key offerings
      • Table Kerry Logistics Network Ltd. - Segment focus
    • Kuehne and Nagel International AG
      • Table Kuehne and Nagel International AG - Overview
      • Table Kuehne and Nagel International AG - Business segments
      • Table Kuehne and Nagel International AG - Key offerings
      • Table Kuehne and Nagel International AG - Segment focus
    • Nippon Express Holdings Inc.
      • Table Nippon Express Holdings Inc. - Overview
      • Table Nippon Express Holdings Inc. - Business segments
      • Table Nippon Express Holdings Inc. - Key offerings
      • Table Nippon Express Holdings Inc. - Segment focus
    • Overland Total Logistics Services Sdn. Bhd.
      • Table Overland Total Logistics Services Sdn. Bhd. - Overview
      • Table Overland Total Logistics Services Sdn. Bhd. - Product / Service
      • Table Overland Total Logistics Services Sdn. Bhd. - Key offerings
    • SNCF Group
      • Table SNCF Group - Overview
      • Table SNCF Group - Business segments
      • Table SNCF Group - Key offerings
      • Table SNCF Group - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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