The Asia Pacific Freight Transport Market would witness market growth of 11.4% CAGR during the forecast period (2022-2028).
The freight sector is changing due to the technological implications of the new advanced age of information technology and communication advancements, offering more contemporary freight solutions. The rise in the number of vehicles used for transportation worldwide and the significant acceleration of technological adoption point to future market prospects for freight transportation management solutions.
Additionally, the market for freight transportation management is anticipated to be significantly influenced by environmental concerns, the demand for operational efficiencies, and the safety and security of freight operations. There are numerous strategies to reduce transportation expenses in the logistics and freight transportation fields. Consolidating transportation is one approach.
By swapping out large shipments for tiny ones, it is possible to benefit from transportation economies of scale. The process of moving products, goods, and cargo through land, water, or air is known as freight shipping. Truckload, less than truckload (LTL), and intermodal are typical forms of freight shipping over the road. The items that are transported by truck, ship, train, or airplane are referred to as freight.
During the projected period, Asia-Pacific (APAC) is anticipated to dominate the market. The region's road freight transportation market is anticipated to increase as a result of the region's growing population and the welcoming government policies in nations like China and India regarding e-commerce and other businesses. Additionally, the region's developing nations are making significant investments in port construction to increase cargo handling. For instance, more than 90% of India's trade, measured in terms of volume, is carried out by sea, as per the Ministry of Shipping (Government of India).
The China market dominated the Asia Pacific Freight Transport Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,439.8 million by 2028.The Japan market is experiencing a CAGR of 10.7% during (2022 - 2028). Additionally, The India market would exhibit a CAGR of 12% during (2022 - 2028).
Based on Offering, the market is segmented into Services and Solution. Based on Solution Type, the market is segmented into Freight Security & Monitoring System, Fleet Tracking & Maintenance Solution, Warehouse Management System, Freight Information Management System, Freight Transportation Cost Management, Freight Mobility & Operational Management Solutions and Freight 3PL Solution. Based on Mode of Transport, the market is segmented into Roadways, Railways and Seaways & Airways. Based on Vertical, the market is segmented into Retail & E-commerce, Automotive, Aerospace & Defense, Pharmaceuticals, Energy and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Freight Transport Market is Projected to reach USD 57.1 Billion by 2028, at a CAGR of 10.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include C.H. Robinson Worldwide, Inc., Deutsche Post DHL Group (The Deutsche Post AG), FedEx Corporation, Kuehne + Nagel International AG (Kuehne Holding AG), United Parcel Service, Inc., SAP SE, Oracle Corporation, Schneider National, Inc., DSV A/S, and Nippon Express Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Services
- Solution
- Freight Security & Monitoring System
- Fleet Tracking & Maintenance Solution
- Warehouse Management System
- Freight Information Management System
- Freight Transportation Cost Management
- Freight Mobility & Operational Management Solutions
- Freight 3PL Solution
By Mode of Transport
- Roadways
- Railways
- Seaways & Airways
By Vertical
- Retail & E-commerce
- Automotive
- Aerospace & Defense
- Pharmaceuticals
- Energy
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- C.H. Robinson Worldwide, Inc.
- Deutsche Post DHL Group (The Deutsche Post AG)
- FedEx Corporation
- Kuehne + Nagel International AG (Kuehne Holding AG)
- United Parcel Service, Inc.
- SAP SE
- Oracle Corporation
- Schneider National, Inc.
- DSV A/S
- Nippon Express Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Freight Transport Market, by Offering
1.4.2 Asia Pacific Freight Transport Market, by Mode of Transport
1.4.3 Asia Pacific Freight Transport Market, by Vertical
1.4.4 Asia Pacific Freight Transport Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2019, Apr – 2022, Oct) Leading Players
Chapter 4. Asia Pacific Freight Transport Market by Offering
4.1 Asia Pacific Services Market by Country
4.2 Asia Pacific Solution Market by Country
4.3 Asia Pacific Freight Transport Market by Solution Type
4.3.1 Asia Pacific Freight Security & Monitoring System Market by Country
4.3.2 Asia Pacific Fleet Tracking & Maintenance Solution Market by Country
4.3.3 Asia Pacific Warehouse Management System Market by Country
4.3.4 Asia Pacific Freight Information Management System Market by Country
4.3.5 Asia Pacific Freight Transportation Cost Management Market by Country
4.3.6 Asia Pacific Freight Mobility & Operational Management Solutions Market by Country
4.3.7 Asia Pacific Freight 3PL Solution Market by Country
Chapter 5. Asia Pacific Freight Transport Market by Mode of Transport
5.1 Asia Pacific Roadways Market by Country
5.2 Asia Pacific Railways Market by Country
5.3 Asia Pacific Seaways & Airways Market by Country
Chapter 6. Asia Pacific Freight Transport Market by Vertical
6.1 Asia Pacific Retail & E-commerce Market by Country
6.2 Asia Pacific Automotive Market by Country
6.3 Asia Pacific Aerospace & Defense Market by Country
6.4 Asia Pacific Pharmaceuticals Market by Country
6.5 Asia Pacific Energy Market by Country
6.6 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Freight Transport Market by Country
7.1 China Freight Transport Market
7.1.1 China Freight Transport Market by Offering
7.1.1.1 China Freight Transport Market by Solution Type
7.1.2 China Freight Transport Market by Mode of Transport
7.1.3 China Freight Transport Market by Vertical
7.2 Japan Freight Transport Market
7.2.1 Japan Freight Transport Market by Offering
7.2.1.1 Japan Freight Transport Market by Solution Type
7.2.2 Japan Freight Transport Market by Mode of Transport
7.2.3 Japan Freight Transport Market by Vertical
7.3 India Freight Transport Market
7.3.1 India Freight Transport Market by Offering
7.3.1.1 India Freight Transport Market by Solution Type
7.3.2 India Freight Transport Market by Mode of Transport
7.3.3 India Freight Transport Market by Vertical
7.4 South Korea Freight Transport Market
7.4.1 South Korea Freight Transport Market by Offering
7.4.1.1 South Korea Freight Transport Market by Solution Type
7.4.2 South Korea Freight Transport Market by Mode of Transport
7.4.3 South Korea Freight Transport Market by Vertical
7.5 Singapore Freight Transport Market
7.5.1 Singapore Freight Transport Market by Offering
7.5.1.1 Singapore Freight Transport Market by Solution Type
7.5.2 Singapore Freight Transport Market by Mode of Transport
7.5.3 Singapore Freight Transport Market by Vertical
7.6 Malaysia Freight Transport Market
7.6.1 Malaysia Freight Transport Market by Offering
7.6.1.1 Malaysia Freight Transport Market by Solution Type
7.6.2 Malaysia Freight Transport Market by Mode of Transport
7.6.3 Malaysia Freight Transport Market by Vertical
7.7 Rest of Asia Pacific Freight Transport Market
7.7.1 Rest of Asia Pacific Freight Transport Market by Offering
7.7.1.1 Rest of Asia Pacific Freight Transport Market by Solution Type
7.7.2 Rest of Asia Pacific Freight Transport Market by Mode of Transport
7.7.3 Rest of Asia Pacific Freight Transport Market by Vertical
Chapter 8. Company Profiles
8.1 SAP SE
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.2 Oracle Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Kuehne + Nagel International AG (Kuehne Holding AG)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Recent strategies and developments:
8.3.4.1 Partnerships, Collaborations, and Agreements:
8.3.4.2 Acquisition and Mergers:
8.4 C.H. Robinson Worldwide, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional & Segmental Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Partnerships, Collaborations, and Agreements:
8.4.4.2 Acquisition and Mergers:
8.5 United Parcel Service, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.5.4.2 Acquisition and Mergers:
8.6 Deutsche Post DHL Group (The Deutsche Post AG)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Recent strategies and developments:
8.6.4.1 Acquisition and Mergers:
8.7 FedEx Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.8 Schneider National, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.8.4 Recent strategies and developments:
8.8.4.1 Acquisition and Mergers:
8.9 DSV A/S
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.10. Nippon Express Co., Ltd.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental Analysis
TABLE 1 Asia Pacific Freight Transport Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Freight Transport Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Freight Transport Market
TABLE 4 Acquisition and Mergers– Freight Transport Market
TABLE 5 Asia Pacific Freight Transport Market by Offering, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Freight Transport Market by Offering, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Services Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Services Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Solution Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Solution Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Freight Transport Market by Solution Type, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Freight Transport Market by Solution Type, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Freight Security & Monitoring System market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Freight Security & Monitoring System market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Fleet Tracking & Maintenance Solution Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Fleet Tracking & Maintenance Solution Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Warehouse Management System Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Warehouse Management System Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Freight Information Management System Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Freight Information Management System Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Freight Transportation Cost Management Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Freight Transportation Cost Management Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Freight Mobility & Operational Management Solutions Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Freight Mobility & Operational Management Solutions Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Freight 3PL Solution Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Freight 3PL Solution Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Freight Transport Market by Mode of Transport, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Freight Transport Market by Mode of Transport, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Roadways Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Roadways Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Railways Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Railways Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Seaways & Airways Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Seaways & Airways Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Freight Transport Market by Vertical, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Freight Transport Market by Vertical, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Retail & E-commerce Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Retail & E-commerce Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Automotive Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Automotive Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 43 Asia Pacific Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 44 Asia Pacific Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 45 Asia Pacific Energy Market by Country, 2018 - 2021, USD Million
TABLE 46 Asia Pacific Energy Market by Country, 2022 - 2028, USD Million
TABLE 47 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 48 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 49 Asia Pacific Freight Transport Market by Country, 2018 - 2021, USD Million
TABLE 50 Asia Pacific Freight Transport Market by Country, 2022 - 2028, USD Million
TABLE 51 China Freight Transport Market, 2018 - 2021, USD Million
TABLE 52 China Freight Transport Market, 2022 - 2028, USD Million
TABLE 53 China Freight Transport Market by Offering, 2018 - 2021, USD Million
TABLE 54 China Freight Transport Market by Offering, 2022 - 2028, USD Million
TABLE 55 China Freight Transport Market by Solution Type, 2018 - 2021, USD Million
TABLE 56 China Freight Transport Market by Solution Type, 2022 - 2028, USD Million
TABLE 57 China Freight Transport Market by Mode of Transport, 2018 - 2021, USD Million
TABLE 58 China Freight Transport Market by Mode of Transport, 2022 - 2028, USD Million
TABLE 59 China Freight Transport Market by Vertical, 2018 - 2021, USD Million
TABLE 60 China Freight Transport Market by Vertical, 2022 - 2028, USD Million
TABLE 61 Japan Freight Transport Market, 2018 - 2021, USD Million
TABLE 62 Japan Freight Transport Market, 2022 - 2028, USD Million
TABLE 63 Japan Freight Transport Market by Offering, 2018 - 2021, USD Million
TABLE 64 Japan Freight Transport Market by Offering, 2022 - 2028, USD Million
TABLE 65 Japan Freight Transport Market by Solution Type, 2018 - 2021, USD Million
TABLE 66 Japan Freight Transport Market by Solution Type, 2022 - 2028, USD Million
TABLE 67 Japan Freight Transport Market by Mode of Transport, 2018 - 2021, USD Million
TABLE 68 Japan Freight Transport Market by Mode of Transport, 2022 - 2028, USD Million
TABLE 69 Japan Freight Transport Market by Vertical, 2018 - 2021, USD Million
TABLE 70 Japan Freight Transport Market by Vertical, 2022 - 2028, USD Million
TABLE 71 India Freight Transport Market, 2018 - 2021, USD Million
TABLE 72 India Freight Transport Market, 2022 - 2028, USD Million
TABLE 73 India Freight Transport Market by Offering, 2018 - 2021, USD Million
TABLE 74 India Freight Transport Market by Offering, 2022 - 2028, USD Million
TABLE 75 India Freight Transport Market by Solution Type, 2018 - 2021, USD Million
TABLE 76 India Freight Transport Market by Solution Type, 2022 - 2028, USD Million
TABLE 77 India Freight Transport Market by Mode of Transport, 2018 - 2021, USD Million
TABLE 78 India Freight Transport Market by Mode of Transport, 2022 - 2028, USD Million
TABLE 79 India Freight Transport Market by Vertical, 2018 - 2021, USD Million
TABLE 80 India Freight Transport Market by Vertical, 2022 - 2028, USD Million
TABLE 81 South Korea Freight Transport Market, 2018 - 2021, USD Million
TABLE 82 South Korea Freight Transport Market, 2022 - 2028, USD Million
TABLE 83 South Korea Freight Transport Market by Offering, 2018 - 2021, USD Million
TABLE 84 South Korea Freight Transport Market by Offering, 2022 - 2028, USD Million
TABLE 85 South Korea Freight Transport Market by Solution Type, 2018 - 2021, USD Million
TABLE 86 South Korea Freight Transport Market by Solution Type, 2022 - 2028, USD Million
TABLE 87 South Korea Freight Transport Market by Mode of Transport, 2018 - 2021, USD Million
TABLE 88 South Korea Freight Transport Market by Mode of Transport, 2022 - 2028, USD Million
TABLE 89 South Korea Freight Transport Market by Vertical, 2018 - 2021, USD Million
TABLE 90 South Korea Freight Transport Market by Vertical, 2022 - 2028, USD Million
TABLE 91 Singapore Freight Transport Market, 2018 - 2021, USD Million
TABLE 92 Singapore Freight Transport Market, 2022 - 2028, USD Million
TABLE 93 Singapore Freight Transport Market by Offering, 2018 - 2021, USD Million
TABLE 94 Singapore Freight Transport Market by Offering, 2022 - 2028, USD Million
TABLE 95 Singapore Freight Transport Market by Solution Type, 2018 - 2021, USD Million
TABLE 96 Singapore Freight Transport Market by Solution Type, 2022 - 2028, USD Million
TABLE 97 Singapore Freight Transport Market by Mode of Transport, 2018 - 2021, USD Million
TABLE 98 Singapore Freight Transport Market by Mode of Transport, 2022 - 2028, USD Million
TABLE 99 Singapore Freight Transport Market by Vertical, 2018 - 2021, USD Million
TABLE 100 Singapore Freight Transport Market by Vertical, 2022 - 2028, USD Million
TABLE 101 Malaysia Freight Transport Market, 2018 - 2021, USD Million
TABLE 102 Malaysia Freight Transport Market, 2022 - 2028, USD Million
TABLE 103 Malaysia Freight Transport Market by Offering, 2018 - 2021, USD Million
TABLE 104 Malaysia Freight Transport Market by Offering, 2022 - 2028, USD Million
TABLE 105 Malaysia Freight Transport Market by Solution Type, 2018 - 2021, USD Million
TABLE 106 Malaysia Freight Transport Market by Solution Type, 2022 - 2028, USD Million
TABLE 107 Malaysia Freight Transport Market by Mode of Transport, 2018 - 2021, USD Million
TABLE 108 Malaysia Freight Transport Market by Mode of Transport, 2022 - 2028, USD Million
TABLE 109 Malaysia Freight Transport Market by Vertical, 2018 - 2021, USD Million
TABLE 110 Malaysia Freight Transport Market by Vertical, 2022 - 2028, USD Million
TABLE 111 Rest of Asia Pacific Freight Transport Market, 2018 - 2021, USD Million
TABLE 112 Rest of Asia Pacific Freight Transport Market, 2022 - 2028, USD Million
TABLE 113 Rest of Asia Pacific Freight Transport Market by Offering, 2018 - 2021, USD Million
TABLE 114 Rest of Asia Pacific Freight Transport Market by Offering, 2022 - 2028, USD Million
TABLE 115 Rest of Asia Pacific Freight Transport Market by Solution Type, 2018 - 2021, USD Million
TABLE 116 Rest of Asia Pacific Freight Transport Market by Solution Type, 2022 - 2028, USD Million
TABLE 117 Rest of Asia Pacific Freight Transport Market by Mode of Transport, 2018 - 2021, USD Million
TABLE 118 Rest of Asia Pacific Freight Transport Market by Mode of Transport, 2022 - 2028, USD Million
TABLE 119 Rest of Asia Pacific Freight Transport Market by Vertical, 2018 - 2021, USD Million
TABLE 120 Rest of Asia Pacific Freight Transport Market by Vertical, 2022 - 2028, USD Million
TABLE 121 Key Information – SAP SE
TABLE 122 Key Information – Oracle Corporation
TABLE 123 Key Information – Kuehne + Nagel International AG
TABLE 124 Key information – C.H. Robinson Worldwide, Inc.
TABLE 125 Key Information – United Parcel Service, Inc.
TABLE 126 Key Information – Deutsche Post DHL Group
TABLE 127 Key Information – FedEx Corporation
TABLE 128 Key Information – Schneider National, Inc.
TABLE 129 Key Information – DSV A/S
TABLE 130 Key Information – Nippon Express co., ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2019, Apr – 2022, Oct) Leading Players
FIG 5 SWOT Analysis: SAP SE
FIG 6 SWOT analysis: Oracle Corporation
FIG 7 Recent strategies and developments: Kuehne + Nagel International AG
FIG 8 Recent strategies and developments: C.H. Robinson Worldwide, Inc.
FIG 9 Recent strategies and developments: United Parcel Service, Inc.