Transport Services Global Market Report 2021: COVID 19 Impact and Recovery to 2030

Transport Services Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from Publisher provides the strategists, marketers and senior management with the critical information they need to assess the global transport services market as it emerges from the Covid 19 shut down.

Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Description:
Where is the largest and fastest growing market for the transport services- How does the market relate to the overall economy, demography and other similar markets- What forces will shape the market going forward- The Transport Services market global report from Publisher answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider transport services market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The transport services market section of the report gives context. It compares the transport services market with other segments of the transport services market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, transport services indicators comparison.

Scope

Markets Covered: 1) By Type: Air Transport; General Transport; Pipeline Transport; Rail Transport; Transit And Ground Passenger Transport; Truck Transport; Warehousing And Storage; Water Transport
2) By Distribution Channel: Supermarkets/Hypermarkets; Convenience Stores; E-Commerce; Others
3) By Nature: Organic; Conventional

Subsegments Covered: Passenger Air Transport; Chartered Air Transport; Air Cargo Services; Sightseeing Transport & Support Activities For Transport; Couriers And Messengers; Postal Services; Crude Oil Pipeline Transport; Natural Gas Pipeline Transport; Refined Petroleum Products Pipeline Transport; Other Pipeline Transport; Passenger Rail Transport; Rail Freight; Commuter Rail And Public Bus Services; Taxi And Limousine Services; School And Employee Bus Services; Charter Bus Services; Other Transit And Ground Passenger Transport; General Freight Trucking; Specialized Freight Trucking; General Warehousing And Storage; Refrigerated Warehousing And Storage; Specialized Warehousing And Storage; Farm Product Warehousing and Storage; Deep Sea, Coastal, And Great Lakes; Inland Water Transport

Companies Mentioned: China National Railway Group; United Parcel Service; United States Postal Service; Deutsche Post DHL Group; FedEx Corporation

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, transport services indicators comparison.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.


Major companies in the transport services market include China National Railway Group; United Parcel Service; United States Postal Service; Deutsche Post DHL Group and FedEx Corporation.

The global transport services market is expected to grow from $5482.12 billion in 2020 to $6025.28 billion in 2021 at a compound annual growth rate (CAGR) of 9.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $8009.96 billion in 2025 at a CAGR of 7%.

The transport services market consists of sales of transportation services and related goods by entities (organizations, sole traders and partnerships) that transport goods and people from one location to another for an amount or fee. The transportation services industry includes establishments that provide services to move people, goods and materials through air, rail, road, water, and pipeline. The market also comprises sales of warehousing and storage services by entities that are involved in the operation of warehousing and storage facilities for merchandise, refrigerated goods, and other materials. The transport services market is segmented into air transport; general transport; pipeline transport; rail transport; transit and ground passenger transport; truck transport; warehousing and storage and water transport.

Asia Pacific was the largest region in the global transport services market, accounting for 32% of the market in 2020. Western Europe was the second largest region accounting for 29% of the global transport services market. Africa was the smallest region in the global transport services market.

Companies are actively pursuing electricity to power buses to reduce carbon emissions and cut costs. Solar buses run on electric batteries which in some cases are also charged by solar panels installed on the roof of the bus. This improves fuel efficiency of the vehicle and increases the life of lithium batteries. Further, the technology has low maintenance components allowing the companies to save cost. For instance, in 2018, Shenzhen in China converted its entire fleet of 16,000 buses to run entirely on electricity. This was made possible by making bus parking roofed with solar panels to enable charging facilities. Major companies involved in manufacturing electric buses include Kiira Motors, BYD Company, Heilongjiang Qiqiar Longhua New Energy Automobile Co., Ltd., Bauer's Intelligent Transportation, Yutong, and Volvo buses.

Coronavirus Pandemic - The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the transportation services market in 2020 as governments-imposed lockdowns and restricted the movement of people and goods to contain the transmission. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the transportation services market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.

Faster Economic Growth -The transportation services market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in end user markets, thereby driving the market during forecast period.