Specialized Freight Trucking Market Insights Video

According to Cognitive Market Research, the global Specialized Freight Trucking market size was USD 1065485.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.00% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 426194.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 319645.65 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 245061.67 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 53274.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 21309.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031.
• The Automobiles And Heavy Equipment is the fastest growing segment of the Specialized Freight Trucking industry