North America to Lead Oversized Cargo Transportation Market through 2024
Growing demand for heavy industrial
equipment and increasing cross-border trade to bolster global oversized cargo
transportation market through 2024
According to a recent report published
by TechSci research on Global Oversized
Cargo Transportation Market By Type, By Application,
By Region, Competition, Forecast & Opportunities, 2024, the global oversized cargo
transportation market is forecast to grow to $ 318 billion by 2024 on account
of rapidly growing construction market and increasing oil and gas projects in Africa
and the US. Moreover, advancements in tracking technology and transportation
fleet are further expected to push demand for oversized cargo transportation across
the globe. In terms of application, global oversized cargo transportation
market is categorized into construction, energy, metal & mining, and
others. The construction industry accounted for a significant portion of the
global market in 2018. This category is anticipated to continue its dominance
throughout the forecast period as well on account of expansion of the
construction industry owing to rapid development of infrastructure around the
world.
Browse market data Tables and Figures
spread through 110 Pages and an in-depth TOC on " Global Oversized Cargo Transportation "
https://www.techsciresearch.com/report/oversized-cargo-transportation-market/4066.html
On the basis of region,
global oversized cargo transportation market is categorized into Asia-Pacific,
Europe, North America, Middle East & Africa and South America. Among these
regions, North America oversized cargo transportation market is expected to grow
at a significant pace during the forecast period. The growth of the market in North
America is majorly attributable to the region’s rising trade, oil and gas
projects, and exports.
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“Global oversized cargo
transportation market is predicted to witness growth over the course of next
five years on account of increasing global trade and rising demand for heavy
industrial equipment throughout the world. Moreover, growing development in the
heavy equipment industry coupled with rising adoption of eco-friendly vehicles are
further anticipated to generate new opportunities in the oversized cargo
transportation market.” said, Mr. Karan Chechi Research Director with TechSci
Research, a research-based India management consulting firm.
“Global Oversized Cargo
Transportation By Type, By
Application, By Region, By Company, Competition, Forecast & Opportunities,
2024,” has evaluated the future growth potential of global oversized cargo
transportation market and provides statistics and information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decision.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in the global oversized cargo
transportation market.
About
TechSci Research
TechSci Research is a leading India
market research firm publishing premium market research reports. Serving 700 India
clients with more than 600 premium market research studies, TechSci Research is
serving clients across 11 different industrial verticals. TechSci Research
specializes in research-based consulting assignments in high growth and
emerging markets, leading technologies and niche applications. Our workforce of
more than 100 fulltime Analysts and Consultants employing innovative research
solutions and tracking India and country specific high growth markets helps
TechSci clients to lead rather than follow market trends.
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