세계 도로화물 운송 시장 규모는 예측기간인 2024-2031년 CAGR이 4.61%로 2023년 5,598억 3,000만 달러에서 2031년에는 8,025억 5,000만 달러로 성장할 것으로 예측되고 있습니다. 시장은 전자상거래의 급증으로 성장하고 있으며, 특히 도로 운송이 중요한 역할을 하는 라스트원 마일의 배송에 있어서 효율적이고 신속한 배송 솔루션 수요를 촉진하고 있습니다. 소비자가 점점 더 빠른 배송을 요구하고 있기 때문에 기업은 이러한 요구 사항을 충족하기 위해 도로화물에 의존하고 있습니다. GPS 추적 및 루트 최적화와 같은 기술 분야의 성과로 인해 도로화물은 보다 효율적이고 경제적으로 효과적이 되어 이러한 유형의 운송을 이용하는 기업이 늘고 있습니다. 도시화와 세계화는 시장 범위를 확대하고 지역을 연결하고 공급망을 지원하는 신뢰할 수 있는 물류 네트워크의 필요성을 창출하고 있습니다. 도로나 고속도로 등의 인프라가 개선됨으로써 보다 빠르고 안전한 운송이 가능해 시장 성장을 가속하고 있습니다. 많은 기업들은 도어 투 도어 서비스와 철도 및 항공과 같은 다른 운송 수단으로는 접근할 수 없는 원격지에 대한 액세스를 제공하는 도로화물의 유연성을 높이 평가합니다. 그 결과 수요 증가, 기술 진보, 인프라 투자, 다양한 물류 요구에 대응할 수 있는 적응성 등을 배경으로 도로화물 시장이 확대되고 있습니다.
2023년 3월, ArcBest Corporation은 화물의 적재 및 운송에 혁명을 가져오는 하드웨어 및 소프트웨어 제품군인 Vaux를 발표했습니다. Vaux는 트레일러 전체를 5분 이내에 내려가게 하고, 화물의 움직임을 완전히 시각화하고, 창고 업무의 효율을 높입니다. 전통적인 방법을 현대화함으로써 공급망 문제를 해결하고, 손해를 줄이고, 노동 조건을 개선합니다. 이 기술은 업무를 간소화하고 비용을 절감하며 전자상거래 및 세계 무역으로 인한 수요 증가에 대응하기 위해 필수적인 지속가능성을 지원하여 도로화물 운송 시장을 지원합니다. 기존의 창고 관리 시스템과 통합하고 실시간 추적을 가능하게 하는 Vaux 시스템의 능력은 공급망 물류를 더욱 최적화하고 업계에 획기적인 역할을 합니다.
이 보고서는 세계 도로화물 운송 시장에 대해 조사했으며, 시장 개요와 함께 제품 유형별, 차량 유형별, 운송업체 유형별, 최종 사용자별, 지역별 동향 및 시장 진출기업 프로파일 등의 정보를 제공합니다.
Global road freight transportation market is projected to witness a CAGR of 4.61% during the forecast period 2024-2031, growing from USD 559.83 billion in 2023 to USD 802.55 billion in 2031. The market is growing due to the surge in e-commerce, driving the demand for efficient and fast delivery solutions, especially in the last mile delivery where road transport plays a key role. Companies rely on road cargo to meet these requirements as consumers are increasingly expected to deliver quickly. The results of the technology field, such as tracking GPS and optimizing routes, have more efficient and economically effective road cargo and more companies use this type of transportation. Urbanization and globalization are expanding market reach, creating a need for reliable logistics networks to connect regions and support supply chains. Improved infrastructure such as better roads and highways facilitate faster and safer transportation fueling the growth of the market. Many companies value the flexibility of road freight, as it offers door-to-door service and access to remote areas that may not be accessible by other forms of transportation such as rail or air. As a result, the road freight market is expanding, driven by increased demand, technological advances, infrastructure investments, and the adaptability it offers to meet diverse logistical needs.
In March 2023, ArcBest Corporation introduced Vaux, a suite of hardware and software that revolutionizes freight loading, unloading, and transfer. Vaux enables unloading entire trailers in under five minutes, offering full visibility into freight movement and enhancing efficiency in warehouse operations. By modernizing traditional methods, it addresses supply chain challenges, reduces damage, and improves working conditions. This technology helps the road freight transportation market by streamlining operations, reducing costs, and supporting sustainability, which is crucial for meeting the increasing demand driven by e-commerce and global trade. The Vaux system's ability to integrate with existing warehouse management systems and provide real-time tracking further optimizes the supply chain logistics, making it a game-changer for the industry.
E-commerce to Fuel Road Freight Transportation Market Growth
E-commerce is a key driver for the growth of the road freight transportation market with more consumers shopping online, needing efficient logistics to meet demand for fast and flexible delivery. Road freight offers a reliable way to transport goods from distribution centers to final destinations, often providing same-day or next-day services that consumers expect. E-commerce requires frequent smaller shipments instead of bulk orders making road transport ideal for handling high-frequency deliveries and last-mile logistics. As e-commerce expands into rural and remote areas the need for flexible road networks grows, increasing the volume and reach of road freight services. This shift has pushed companies to invest in better technology and fleet expansions, further fueling the growth of the road freight market.
In March 2023, CEVA Logistics, ENGIE, and SANEF launched the European Clean Transport Network Alliance (ECTN) to decarbonize road freight transport by building a network of relay terminals along European motorways with high-power electric chargers and biogas and green hydrogen pumps. This initiative aims to address battery capacity issues, improve truck drivers' working conditions, and provide seamless access to low-carbon energy solutions for all shippers and carriers. By enabling more sustainable long-haul trucking, the ECTN will enhance efficiency and reduce emissions, fostering the growth of the road freight transportation market through innovation and improved logistics solutions.
Infrastructure Development to Drive Market Growth
Infrastructure development is significantly enhancing the growth of the road freight transportation market. Investments in expanding and upgrading roads, highways, and bridges lead to smoother and faster travel routes reducing transit times and fuel costs for freight operators. Improved infrastructure minimizes congestion and wear on vehicles, lowering maintenance expenses and increasing reliability in deliveries. These advancements support higher volumes of road traffic allowing freight companies to handle larger shipments with greater efficiency. Additionally, the extension of highways to rural and underserved areas opens new markets for goods transportation, expanding the customer base for road freight services. With better-connected cities and regions, companies can optimize their supply chains, improving speed and cost-effectiveness critical factors as demand grows. Consequently, infrastructure development is a foundation for the road freight transportation market's expansion.
In April 2024, Deutsche Post AG Freight deployed fully electric Mercedes-Benz eActros 300 trucks for delivery and distribution transport at its Koblenz and Hagen sites. These trucks, with a range of 220 kilometers, support DHL's sustainability strategy by reducing greenhouse gas emissions and enhancing operational efficiency. This initiative aligns with the company's plan to increase the share of electric vehicles in its fleet and promotes sustainable logistics solutions. By incorporating advanced electric vehicles, DHL Freight addresses environmental concerns and sets a precedent for greener practices in the road freight transportation market, fostering growth through innovation and improved sustainability.
Full Truckload Segment to Dominate the Road Freight Transportation Market Share
The full truckload segment dominates the global road freight transportation market share due to its ability to move large loads over longer distances efficiently. FTL is ideal for businesses with large volume shipments as it reduces loading and unloading times, minimizes risk of damage, and allows for faster transportation compared to less-than-truckload shipments. This segment is particularly popular in industries such as manufacturing, retail and agriculture where large single-destination shipments are common with the growing demand for cost-effective and on-time delivery solutions FTL remains the dominant choice, especially as businesses look for reliable options to optimize their supply chains and reduce overall delivery costs.
In September 2024, NTG Nordic Transport Group acquired ITC Logistic, a German company specializing in bespoke road and logistics solutions, to strengthen its market position in Germany. This acquisition will expand NTG's scale and unlock synergies worth USD 24.3 million, driven by operational and commercial optimization. By integrating ITC's strong network, management, and customer base, NTG aims to enhance its presence across Continental Europe and foster future growth. This strategic move will help the road freight transportation market by improving efficiency, expanding service offerings, and enhancing operational capabilities, thus meeting the growing demand for comprehensive logistics solutions.
Asia-Pacific to Dominate the Road Freight Transportation Market Share
Asia-Pacific is largely dominated by rapid economic growth, urbanization, and the developing e-commerce. Countries such as China and India are turning out to be major hubs of manufacturing and consumer demand, where proper logistics are needed to move commodities inside and outside big markets. Road freight, in this case, is going to be really important to meet this demand. For last-mile delivery, in particular, which must accompany the booming e-commerce sector, road freight is going to be crucial. Other regional government investments in infrastructure include new highways, expressways, and cross-border trade routes that promote connectivity and help reduce delivery times. Infrastructure development fosters smooth and reliable road transport. In road freight, this is reportedly where developments in infrastructure are most readily increasing usage by firms. With an increasingly middle-class demographic and growing demand in the marketplace outside the city centers, Asia-Pacific continues to lead global growth of road freight transportation.
In March 2023, Knight-Swift Transportation Holdings Inc. agreed to purchase U.S. Xpress, Inc. in a deal worth around USD 808 million with the two firms' companies looking to increase revenue by nearly 30% and improve the overall operational efficiency of the company. The deal, estimated to bring in about USD 2.2 billion of operating revenue, growing Knight-Swift's tractor fleet to 7,200 units with 14,400 trailers, enhance the efficiency and scale of the service offered through the use of expertise and resources of Knight-Swift. The road freight transportation market will undergo a transformation-from improved logistics and customer reach to enhanced capabilities in operations.
Future Market Scenario (2024 - 2031F)
Increased adoption of autonomous vehicles, electric trucks, and advanced logistics software will enhance efficiency and reduce costs.
Growing emphasis on reducing carbon emissions will drive the shift towards greener transportation solutions, such as electric and hydrogen-powered vehicles.
Continued expansion of e-commerce will boost demand for last-mile delivery services, leading to more localized distribution centers and innovative delivery methods.
Rapid urbanization and improvements in infrastructure will create new opportunities and challenges for road freight transportation, requiring more efficient route planning and congestion management.
Key Players Landscape and Outlook
Companies are using many strategies to enhance efficiency and quality service in the growing road freight transportation market to stay competitive. Many of them invest in technologies to improve the efficiency of fleet management, promote significant fuel usage reduction, and ensure timely deliveries by using GPS tracking, route optimization software, and artificial intelligence. Companies are focusing on the various last-mile delivery solutions that will provide quicker and more flexible services to small, frequent shipments according to the increasing demand of e-commerce. Road freight companies are expanding their service portfolios through multimodal transportation and strategic partnership building with logistics service providers and e-commerce leaders for enlarging their domains. Electric or fuel-efficient trucks are the other alternative changes companies make regarding transition, especially to decrease the operational costs that fit into the requirement by society to tackle environmental issues. Besides this, most road freight companies spend on training, automation, and maintenance systems to ensure skilled labor and well-maintained fleets. They focus on innovation, cost efficiency, and sustainability as ways to remain ahead of their competitors in a dynamic and demanding market.
In August 2023, Schneider National, Inc. acquired M&M Transport Services, LLC Services, a specialty contract carrier, to expand its presence in the specialty market. M&M Transport with 500 trucks and 1,900 trailers primarily serves retail and manufacturing and will operate as a wholly-owned subsidiary of Schneider. The acquisition is expected to have an immediate positive impact on Schneider's earnings per share and generate USD 1.5 billion in annual revenue from dedicated contracts. Leveraging M&M's expertise and Schneider's resources, the transaction will improve operational efficiencies, customer service, and market reach thereby contributing to the growth of the road freight transportation market.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.