New York, July 20, 2021 /PRNewswire/ — “The growing e-commerce industry and increasing cross-border trade will further boost market growth during the forecast period,” says a senior analyst at Technavio.
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the direct impact of the outbreak is diverse. COVID-19 will have an equal impact on the road freight transportation market in Europe. According to the pandemic-focused market research conducted by Technavio, the market growth is likely to increase in 2021 compared to 2020.
The market for land transportation of goods in Europe The trucking sector is expected to grow by 58.43 billion US dollars, advancing at a compound annual growth rate of about 3% over the period 2021-2025, according to the new report from Technavio. The report provides up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
The market for land transportation of goods in Europe 2021-2025: Key highlights
Compound annual growth rate of the market during the forecast period 2021-2025 Detailed information on the factors that will help the growth of the road freight transportation market in Europe During the next five years, estimate the size of the land transport market for goods in Europe And its contribution to the mother market’s expectations regarding upcoming trends and changes in consumer behavior and the growth of the road freight transportation market in EuropeAnalysis of the market competitive landscape and detailed information about vendors. Comprehensive details on the factors that will challenge the growth of the Road Freight Transport market vendors in Europe
The market for land transportation of goods in Europe 2021-2025: Vendor analysis and scope
To help companies improve their market position, Technavio provides detailed analysis of around 25 vendors operating in the road freight transportation market in Europe. DACHSER SE, Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., GEODIS, XPO Logistics Inc., Hellmann Worldwide Logistics SE and Co. KG, Kuhne + Nagel International AG, Rhenus SE and Co. KG, and Schenker AG are some of these companies. One of the main market participants.
The size of the transportation market for road freight in Europe The size of the transportation market for road freight in Europe The transportation market trends for road freight in Europe Industry analysis
This study identifies road freight, an integral part of multimodal transportation as one of the major reasons driving the road freight transportation market in Europe Growth over the next few years.
To learn more about global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43875
Reasons to buy the report:
Benefit from the latest data, mapping technological advances, and find deeper market insights and forecast information on current market developments. Explore insights into key market accelerators. Identify potential threats to market growth. Understand the impact of trends that are likely to impact market growth positively or negatively.
Main topics covered:
Executive Summary Market Size Market Size Five Forces Analysis Market Segmentation by Product Market Segmentation by Geography Customer Landscape Vendor Geographic Landscape Vendor Analysis Appendix
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Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to improve their market positions. With over 500 dedicated analysts, Technavio’s report library consists of over 17,000 reports and issues, covering 800 technologies, and spanning 50 countries. Their client base consists of companies of all sizes, including over 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research and actionable market insights to identify opportunities in current and potential markets and evaluate their competitive positions within market scenarios Changing.
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Report link: https://www.technavio.com/report/road-freight-transportation-market-in-europe-industry-analogy
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