Global Open Deck Transportation Market 2018-2022

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.

The infographic below contains key findings from our analysis of the open deck transportation market

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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

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Open deck transportation market growth based on geographic regions

• Americas
• APAC
• EMEA

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:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the open deck transportation market during the next five years
• Precise estimation of the global open deck transportation market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the open deck transportation industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of open deck transportation companies

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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global open deck transportation market and its stakeholders over the forecast years.

The global open deck transportation market analysts at Technavio have also considered how the performance of other related markets in the vertical will impact the size of this market till 2022. Some of the markets most likely to influence the growth of the open deck transportation market over the coming years are the Retail Oil and Gas Logistics Market and the Perishable Goods Sea Transportation Market.

Technavio’s collection of market research reports offer insights into the growth of markets across various industries. Additionally, we also provide customized reports based on the specific requirement of our clients.