Technavio’s market research analysts have predicted that the open deck transportation market will earn a revenue of almost USD 378 billion by 2022. This industry research report presents a comprehensive analysis of the global open deck transportation market by transportation mode such as road, sea, and rail. The report also presents a detailed analysis of the market’s growth prospects across regions such as the Americas, APAC, and EMEA.
Global Open Deck Transportation Industry Overview
Technavio’s analysts have identified the demand for oversized cargo logistics to be one of major factors driving market growth. Oversized cargo exceeds the dimensions and weight limits of normal transport and demand for extensive expertise and handling. Industries such as oil and gas, renewables, power, and infrastructure, adopt and transport oversized cargo. Primarily, they transport large shipments consisting of heavy machinery, trucks, RVs, trailers, and light aircraft. Also, the energy sector utilizes the open deck transportation for equipment and components such as drilling rigs. The market also contains several trucking service providers that specialize in the transportation of equipment and machines used in oilfields. Further, rising investments in the renewable energy sector also drives the usage of open deck trucks or trailers. Open deck transportation is used for transporting various components of wind turbines, such as large rotor blades.
Companies covered
The open deck transportation market is majorly fragmented since the market has a number of companies providing intermodal and open deck transportation services. The open deck transportation industry analysis report provides a complete analysis of the competitive landscape of the step deck freight market consisting of companies offering differentiated products. Also, this industry analysis report will aid clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of a number of companies including:
A.P. MOLLER - MAERSK
BNSF Railway
Daseke
Deutsche Bahn
Landstar System
Open deck transportation market growth based on geographic regions
Our industry research analysts predict that countries in the APAC will be the major revenue contributor to the growth of the step deck freight market throughout the predicted period. Factors such as growing demand for oversized cargo logistics and the presence of numerous players will drive the open deck transportation market size in this region.
Key highlights of the global open deck transportation market for the forecast years 2018-2022: