analysts forecast the global open deck transportation market to grow at
a CAGR of around 4% during the forecast period, according to
their latest market research report.
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Technavio has published a new market research report on the global open deck transportation market from 2018-2022. (Graphic: Business Wire)
The emergence of big data is one of the major trends being witnessed in
open deck transportation market 2018-2022. Logistics companies
and shippers have been deploying big data to turn large quantities of
data into a competitive advantage. The customization of services, market
demand, and new business models based on agility is one of the
advantages of implementing big data.
This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing
According to Technavio analysts, one of the key factors contributing to
the growth of the global open deck transportation market is the demand
for oversized cargo logistics:
Global open deck transportation market: Demand
for oversized cargo logistics
Oversized cargo exceeds the dimensions and weight limits of normal cargo
and thus, needs extensive expertise and handling. Oil and gas,
renewables, power, and infrastructure are some of the industries that
transport oversized cargo. Most of the common large shipments consist of
heavy machinery, trucks, RVs, trailers, and light aircraft.
According to a senior analyst at Technavio for research on transportation
and distribution, “There are many trucking service providers who
specialize in the transportation of equipment and machines used in
oilfields. The truck transporters are required to reach the well
locations, some of which are down back country roads while carrying the
substantial gear required for oil operations. The machinery, equipment,
and components for drilling and service rigs are very crucial and
require transportation by specialized moving organizations.”
Global open deck transportation market:
The global open deck transportation market research report provides
market segmentation by transport mode (road, sea, and rail) and by
region (the Americas, EMEA, and APAC). It provides an in-depth analysis
of the prominent factors influencing the market, including drivers,
opportunities, trends, and industry-specific challenges.
APAC held the largest share of the market in 2017, accounting for more
than 36% share. It was followed by EMEA and the Americas respectively.
The APAC region is anticipated to dominate the global market throughout
the forecast period.
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Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.
Some of the key topics covered in the report include:
Five Forces Analysis
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180713005484/en/