Transport Services Market Size, Share & Growth Report | 2031
Transport Services Market Size, Share & Growth Report | 2031
Segments - Global Transport Services Market by Types (Air [Air Cargo Services, Chartered Air Transportation, and Passenger Air Transportation], Rail [Rail Freight and Passenger Rail Transportation], Road [Transit & Ground Passenger Transportation {Commuter Rail & Public Bus Services, Charter Bus Services, School & Employee Bus Services, Taxi & Limousine Services, and Others], and Trucks {General Freight Trucking and Specialized Freight Trucking}, Water [Deep Sea, Coastal, & Great Lakes Transportation, and Inland Water Transportation], and Pipeline [Refined Petroleum Products Pipeline Transportation, Gas Pipeline Transportation, Crude Oil Pipeline Transportation, and Others]), End-users (Aerospace, Banking & Financial Services, E-commerce, Government & Public Utilities, Healthcare, Manufacturing, Media & Entertainment, Retail, Schools, Telecommunication, Trade & Transportation, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028
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| Report ID :AL-3005
| 4.2 Rating
| 80 Reviews
| 214 Pages
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Report Description
The global transport services market is estimated to register a high CAGR during the forecast period, between 2021 and 2028. Transport services refer to the use of transportation to carry people, money, papers, and packages. Transportation services include both products and people transit through rail, air, water, road, and pipeline. Transportation services are concerned with the effective and efficient administration of everyday travel activities as well as the manufacturing of the company's completed goods.
Market Trends, Drivers, Restraints, and Opportunities:
- Rising e-commerce business, as well as an increase in reverse logistics operations and trade agreements, is estimated to drive the market expansion.
- Increased government investment in public transportation development is expected to increase the global transportation service market.
- The rise in tech-driven transport services, as well as the growing usage of IoT-enabled linked devices, are also expected to boost the market expansion.
- Public transportation has the ability to provide secure and low-cost transportation to citizens in order to promote a healthy environment and strong metropolitan areas by reducing pollution and traffic, which is estimated to fuel market growth.
- Lack of manufacturer control over transportation services and greater transportation costs can hinder market expansion.
- Growing number of high-tech vehicles, as well as the advancement of mobile technology, are estimated to create attractive opportunities in the transport service market.
Scope of the report:
The report on transport services includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
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Attributes |
Details |
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Report Title |
Global Transport Services Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018 & 2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Types (Air [Air Cargo Services, Chartered Air Transportation, and Passenger Air Transportation], Rail [Rail Freight and Passenger Rail Transportation], Road [Transit & Ground Passenger Transportation {Commuter Rail & Public Bus Services, Charter Bus Services, School & Employee Bus Services, Taxi & Limousine Services, and Others], and Trucks {General Freight Trucking and Specialized Freight Trucking}, Water [Deep Sea, Coastal, & Great Lakes Transportation, and Inland Water Transportation], and Pipeline [Refined Petroleum Products Pipeline Transportation, Gas Pipeline Transportation, Crude Oil Pipeline Transportation, and Others]), End-users (Aerospace, Banking & Financial Services, E-commerce, Government & Public Utilities, Healthcare, Manufacturing, Media & Entertainment, Retail, Schools, Telecommunication, Trade & Transportation, and Others) |
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Regional Scope |
Asia Pacific, North America, Europe, Latin America, and Middle East & Africa |
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Report Coverage |
Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast |
Transport Services Market Segment Insights:
Road segment is projected to hold significant market share
Based on types, the transport services market can be segmented into air, road, water, and pipeline. The air segment can be divided into air cargo services, chartered air transportation, and passenger air transportation. The rail segment can be bifurcated into rail freight and passenger rail transportation. Additionally, the road segment can be further fragmented into transit & ground passenger transportation and trucks. The transit & ground passenger transportation segment can be segregated into commuter rail & public bus services, charter bus services, school & employee bus services, taxi & limousine services, and others. The trucks can be categorized as general freight trucking and specialized freight trucking. Furthermore, the water segment can be fragmented into deep sea, coastal, & great lakes transportation, and inland water transportation. The pipeline segment can be fragmented into refined petroleum products pipeline transportation, gas pipeline transportation, crude oil pipeline transportation, and others. The road segment is projected to hold significant market share. Rapid technological improvements and the growing significance of e-commerce are major factors expected to drive the freight road transport market during the forecast period.
E-commerce segment is anticipated to account for a substantial share
On the basis of end-users, the market can be segregated into aerospace, banking & financial services, e-commerce, government & public utilities, healthcare, manufacturing, media & entertainment, retail, schools, telecommunication, trade & transportation, and others. The e-commerce segment is anticipated to account for a substantial share. Rising internet usage, as well as benefits such as free and quick returns/exchanges, decreased shipping costs, and fast delivery, are all contributing to the segment growth.
Asia Pacific is expected to dominate the market
In terms of regions, the transport services market can be classified as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the market, owing to presence of strong economies such as India, Japan, China, and South Korea. The expansion of the e-commerce sector, combined with the presence of a well-established supply chain network catering to various industries such as shipbuilding, automotive, consumer goods manufacturing, and heavy machinery manufacturing, is increasing the demand for material handling and cargo transportation.
Segments
Segments Covered in the Report:
By Types
- Air
- Air Cargo Services
- Chartered Air Transportation
- Passenger Air Transportation
- Rail
- Rail Freight
- Passenger Rail Transportation
- Road
- Transit & Ground Passenger Transportation
- Commuter Rail & Public Bus Services
- Charter Bus Services
- School & Employee Bus Services
- Taxi & Limousine Services
- Others
- Trucks
- General Freight Trucking
- Specialized Freight Trucking
- Transit & Ground Passenger Transportation
- Water
- Deep Sea, Coastal, & Great Lakes Transportation
- Inland Water Transportation
- Pipeline
- Refined Petroleum Products Pipeline Transportation
- Natural Gas Pipeline Transportation
- Crude Oil Pipeline Transportation
- Others
By End-users
- Aerospace
- Banking & Financial Services
- E-commerce
- Government & Public Utilities
- Healthcare
- Manufacturing
- Media & Entertainment
- Retail
- Schools
- Telecommunication
- Trade & Transportation
- Others
By Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Competitive Landscape
Key players in the transport services market are Uber; FedEx Corp.; Ford Mobility; Ola Cabs; DTDC Express Limited; P. Moller – Maersk; Cubic Transportation Systems; Consat; H. Robinson Worldwide, Inc.; DSV Global Transports and Logistics; and XPO Logistics Inc. These players have constantly engaged in several market development activities including collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to increase their market share.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Transport Services Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Transport Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Transport Services Market - Supply Chain
4.5. Global Transport Services Market Forecast
4.5.1. Transport Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Transport Services Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Transport Services Market Absolute $ Opportunity
5. Global Transport Services Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Transport Services Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Transport Services Demand Share Forecast, 2019-2026
6. North America Transport Services Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Transport Services Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Transport Services Demand Share Forecast, 2019-2026
7. Latin America Transport Services Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Transport Services Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Transport Services Demand Share Forecast, 2019-2026
8. Europe Transport Services Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Transport Services Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Transport Services Demand Share Forecast, 2019-2026
9. Asia Pacific Transport Services Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Transport Services Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Transport Services Demand Share Forecast, 2019-2026
10. Middle East & Africa Transport Services Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Transport Services Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Transport Services Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Transport Services Market: Market Share Analysis
11.2. Transport Services Distributors and Customers
11.3. Transport Services Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
Methodology
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