Global Oversized Cargo Transportation Market Overview:
Oversized cargo transportation, also known as heavy-haul transportation, is the specialized movement of goods that exceed the standard dimensions or weight limits for regular transportation methods. Oversized cargo refers to freight that is unusually large and cannot be shipped in a standard container. This type of cargo includes machinery, light aircraft, trucks, boats, trailers, motorhomes, and heavy equipment. Shipping oversized cargo requires careful planning and execution, and the cost depends on the size of the freight being transported. Oversize freight generally exceeds the standard size or weight limits for standard shipping containers or trucks and may require specific transportation equipment such as lowboys. The transportation of oversized cargo is requiring careful consideration of the freight specifics, optimal delivery route, and potential challenges and problems with transport.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Technological Advancements, such as the Use of Telematics and Automated Vehicles, are Making Oversized Cargo Transportation More Efficient and Safer
Market Growth Drivers:
Increasing Demand for Complex Parcel and Heavy Parcel Delivery
Challenges:
Needs High Level of Planning and Expertise to Overcome the Transportation Risk
Restraints:
Oversized Cargo Transport Duration is High due to the Limited Road Network, Oversize Transportation Costs are More than the General Transportation and The Process of Obtaining Permits for Oversized Cargo Transport can be Lengthy.
Opportunities:
Growing Exports of Heavy Equipment’s in Countries Like United States, Germany, China, Japan and Other and Port Infrastructure Development Can Increases the Oversized Cargo Transportation Market
Competitive Landscape:
The oversized cargo transportation market contains the many players as competitor. The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new regions through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Air Partner Group (United Kingdom), Bilogistik SA (Spain), Far Eastern Shipping Company (Russia), DFreight (United Arab Emirates), Kuehne + Nagel International AG (Germany), CMA CGM (France), Yusen Logistics (Japan), Deutsche Post AG (Germany), Orient Overseas Container Line Limited (Hong Kong), DSV (Denmark), DB Schenker (Germany), Bohnet GmbH (Germany), TAD Logistics (Yugoslavia), STALOGISTICS (Russia) and Airbus (France). Analyst at AMA Research see German Manufacturers to retain maximum share of Global Oversized Cargo Transportation market by 2028. Considering Market by Industry Vertical, the sub-segment i.e. Construction will boost the Oversized Cargo Transportation market. Considering Market by Mode of Transport, the sub-segment i.e. Road Transportation will boost the Oversized Cargo Transportation market. Considering Market by Shipping, the sub-segment i.e. Domestic will boost the Oversized Cargo Transportation market.
Latest Market Insights:
In May 2023, Jolloda Hydraroll’s has launched new powered cargo with Modular Rollerbed System (MRS). The MRS concept is to transform any standard trailer into a rollerbed vehicle for handling all types of air cargo equipment.
In January 2022, Airbus has launched a new air cargo transportation service using its unique BelugaST fleet to offer freight companies and other potential customers a solution to their outsized freight transportation needs.
What Can be Explored with the Oversized Cargo Transportation Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Oversized Cargo Transportation Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Oversized Cargo Transportation
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Oversized Cargo Transportation market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Oversized Cargo Transportation market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Oversized Cargo Manufacturer, Government Bodies, Oversized Cargo Services & Suppliers, Logistics & Transportation, New Entrance and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.