Oversized Cargo Transportation Market By Type, By Application, Competition, Forecast & Opportunities, 2024


Posted July 30, 2019 by Ashwani_Kailiya

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, global oversized cargo transportation market is anticipated to grow at a CAGR of more than 5% during the forecast period on account of rapidly growing construction market and increasing oil and gas projects in the countries like 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.

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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 rising trade, oil and gas projects, and export in the region.

“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 witness new opportunities for oversized cargo transportation market.” said, Mr. Karan Chechi Research Director with TechSci Research, a research-based India management consulting firm.

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

“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 global market research firm publishing premium market research reports. Serving 700 global 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 global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Last Updated July 30, 2019