Dublin, June 03, 2021 (GLOBE NEWSWIRE) -- The "Automobiles and Heavy Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the global automobiles and heavy equipment market as it emerges from the COVID-19 shut down.
The global automobiles and heavy equipment market is expected to grow from $244.88 billion in 2020 to $271.59 billion in 2021 at a compound annual growth rate (CAGR) of 10.9%. 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 $394.85 billion in 2025 at a CAGR of 9.8%.
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Where is the largest and fastest growing market for the automobiles and heavy equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Automobiles and Heavy Equipmen market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider automobiles and heavy equipment market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($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 automobiles and heavy equipment market section of the report gives context. It compares the automobiles and heavy equipment market with other segments of the automobiles and heavy equipment market by size and growth, historic and forecast.
Major players in the automobiles and heavy equipment trucking market are American Rail Center Logistics; CEVA Logistics; DHL; FedEx Freight; United Parcel Service; Schneider National; C.H. Robinson; and J.B. Hunt Transport.
The automobiles and heavy equipment trucking market consists of sales of automobiles and heavy equipment trucking services and related goods by entities (organizations, sole traders, and partnerships) that provide over-the-road transportation of automobiles and heavy equipment. Only goods and services traded between entities or sold to end consumers are included.
Advancing technologies is a major trend gaining popularity in the automobiles and heavy equipment market. Major companies operating in the automobile and heavy equipment market are focusing on developing innovative technological solutions. For instance, in 2020, companies such as ACL Airshop are using CoreInsight Node Technology to provide advanced unit load (ULD) tracking with a Bluetooth ULD Tracking system for freight control, carrier shipment marking, air cargo monitoring, asset tracking, and reporting solutions. CoreInsight Node Technology enables producers to monitor deliveries, manage business intelligence (BI) packages, and help in activities remotely by accurately monitoring cargo with the help of ULD devices.
The automobiles and heavy equipment market covered in this report is segmented by type into business services; managed services; system integrator; others, by application into cars and light trucks; medium and heavy trucks; farm and construction equipment; others.
In February 2019, CMA CGM S.A., a French container transportation and shipping company acquired CEVA Logistics for $1.65 billion. This deal with CEVA Logistics will allow CMA CGM S.A. to create economies of scale from combining the two businesses. The company plans to expand its footprint in the logistics sector. CEVA Logistics, a USA based logistics and supply chain company engaged in providing end to end supply chain services and solutions.
The growing demand for autonomous transportation is expected to drive the growth of the automobiles and heavy equipment market over the coming years. To enable the automobile to react to external conditions that a human driver will handle, an autonomous vehicle utilizes a fully automated driving system. According to the Victoria Transport Policy Institute's report on autonomous vehicle implementation predictions published in June 2020, autonomous vehicles will be reliable, affordable, and safe by 2025 and is predicted to be commercially available in many areas by 2030. In 2019, Amazon started using Embark's self-driving trucks to move freight faster. Moreover, in 2020, Mercedes-Benz will release their semi-autonomous truck prototype scheduled for 2025. Therefore, the growing demand for autonomous transportation drives the growth of the automobiles and heavy equipment market.
Key Topics Covered:
1. Executive Summary
2. Automobiles and Heavy Equipment Market Characteristics
3. Automobiles and Heavy Equipment Market Trends and Strategies
4. Impact of COVID-19 on Automobiles and Heavy Equipment
5. Automobiles and Heavy Equipment Market Size and Growth
6. Automobiles and Heavy Equipment Market Segmentation
7. Automobiles and Heavy Equipment Market Regional and Country Analysis
7.1. Global Automobiles and Heavy Equipment Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Automobiles and Heavy Equipment Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8. Asia-Pacific Automobiles and Heavy Equipment Market
9. China Automobiles and Heavy Equipment Market
10. India Automobiles and Heavy Equipment Market
11. Japan Automobiles and Heavy Equipment Market
12. Australia Automobiles and Heavy Equipment Market
13. Indonesia Automobiles and Heavy Equipment Market
14. South Korea Automobiles and Heavy Equipment Market
15. Western Europe Automobiles and Heavy Equipment Market
16. UK Automobiles and Heavy Equipment Market
17. Germany Automobiles and Heavy Equipment Market
18. France Automobiles and Heavy Equipment Market
19. Eastern Europe Automobiles and Heavy Equipment Market
20. Russia Automobiles and Heavy Equipment Market
21. North America Automobiles and Heavy Equipment Market
22. USA Automobiles and Heavy Equipment Market
23. South America Automobiles and Heavy Equipment Market
24. Brazil Automobiles and Heavy Equipment Market
25. Middle East Automobiles and Heavy Equipment Market
26. Africa Automobiles and Heavy Equipment Market
27. Automobiles and Heavy Equipment Market Competitive Landscape and Company Profiles
27.1. Automobiles and Heavy Equipment Market Competitive Landscape
27.2. Automobiles and Heavy Equipment Market Company Profiles
27.2.1. American Rail Center Logistics
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. CEVA Logistics
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. DHL
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. FedEx Freight
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. United Parcel Service
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
29. Key Mergers and Acquisitions in the Automobiles and Heavy Equipment Market
29. Automobiles and Heavy Equipment Market Future Outlook and Potential Analysis
30. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/o6sa75
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June 03, 2021 at 05:13PM
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$244+ Billion Automobiles and Heavy Equipment Global Market - GlobeNewswire
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