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Automobiles And Heavy Equipment Global Market Report 2023 – By Type (Business Services, Managed Services, System Integrator, Other Types), By Application (Cars And Light Trucks, Medium And Heavy Trucks, Farm And Construction Equipment, Other Applications), By Size (Heavy Trucks, Medium Trucks, Light Trucks) – Market Size, Trends, And Global Forecast 2023-2032

Starting Price : $4000.00 | Pages : 175 | Published : January 2023 | SKU CODE : | Delivery Time: 2-3 business days | Format :


Automobile and heavy equipment trucking is a transportation service that entails the movement of automobiles and other heavy machinery, such as for construction and mining tasks that necessitate the use of high payload capacity bearing trucks and transportation machines to move goods from one location to another.

The main types in the automobile and heavy equipment trucking market are business services, managed services, system integrators, and others. The business services involve over-the-road transportation of automobiles and heavy equipment by various businesses. The market is segmented by size into heavy trucks, medium trucks, and light trucks and by application into cars and light trucks, medium and heavy trucks, farm and construction equipment, and others.

The automobile and heavy equipment trucking market research report is one of a series of new reports from The Business Research Company that provides automobile and heavy equipment trucking market statistics, including automobile and heavy equipment trucking industry global market size, regional shares, competitors with an automobile and heavy equipment trucking market share, detailed automobile and heavy equipment trucking market segments, market trends and opportunities, and any further data you may need to thrive in the automobile and heavy equipment trucking industry. This automobile and heavy equipment trucking market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global automobile and heavy equipment trucking market size will grow from $305.49 billion in 2022 to $333.13 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automobile and heavy equipment trucking market size is expected to grow to $457.3 billion in 2027 at a CAGR of 8.2%.

The growing demand for autonomous transportation is expected to drive the growth of the automobile and heavy equipment markets over the forecast period. An autonomous vehicle utilises a fully automated driving system to enable it to react to external conditions that a human driver would handle. According to the Victoria Transport Policy Institute’s report on autonomous vehicle implementation predictions published in June 2020, autonomous vehicles will be reliable, affordable, and safe by 2025 and are predicted to be commercially available in many areas by 2030. Moreover, in 2020, Mercedes-Benz will release its semi-autonomous truck prototype, scheduled for 2025. Therefore, the growing demand for autonomous transportation drives the growth of the automobile and heavy equipment markets.

The impact of COVID-19 is expected to limit the growth of the automobile and heavy equipment markets in the forecast period. The transportation industry faces severe challenges due to the COVID-19 pandemic, supply chain disturbances, and national emergency delivery needs, forcing fleet managers, dispatchers, and drivers to work extra hours while transportation in other sectors, such as restaurant supply and live event equipment, has halted. According to the Center for Disease Control and Prevention, the trucking industry lost more than 88,000 jobs in April 2020, a 5.8% decline from March, out of a total of 20.5 million job losses in the USA across various industries, placing the nation's total unemployment rate at 14.7%. Additionally, a recent survey found that nearly half (48%) of carriers registered significantly lowered freight rates across the USA. Therefore, the impact of COVICD 19 restraints the growth of the automobile and heavy equipment markets.

Advances in technologies are a major trend gaining popularity in the automobile and heavy equipment markets. Major companies operating in the automobile and heavy equipment markets are focusing on developing innovative technological solutions. For instance, in 2020, companies such as ACL Airshop are using CoreInsight Node Technology to provide advanced unit load (ULD) tracking with a Bluetooth ULD Tracking system for freight control, carrier shipment marking, air cargo monitoring, asset tracking, and reporting solutions. CoreInsight Node Technology enables producers to monitor deliveries, manage business intelligence (BI) packages, and help in activities remotely by accurately monitoring cargo with the help of ULD devices.

In August 2021, Volvo AB, a Sweden-based vehicle manufacturing company, acquired JMC Heavy Duty Vehicle Co., Ltd. for an amount of SEK 1.1 billion ($0.1 billion). Volvo Trucks expands its truck manufacturing capability and product portfolio, as well as its presence in Asia-Pacific, as a result of this acquisition. JMC Heavy Duty Vehicle Co., Ltd., is a China-based truck manufacturing company pioneering in the manufacturing and assembly of heavy-duty transportation trucks.

Major players in the automobiles and heavy equipment trucking market are American Rail Center Logistics, CEVA Logistics, DHL, FedEx Freight, United Parcel Service, Schneider National, C.H. Robinson, and J.B. Hunt Transport.

Asia-Pacific was the largest region in the automobiles and heavy equipment market in 2022. North America was the second largest region in the global automobiles and heavy equipment market. The regions covered in the global automobile and heavy equipment trucking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the automobiles and heavy equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The automobile and heavy equipment trucking market includes revenues earned by entities by providing transportation services for the movement of heavy goods such as automotive engines and related parts and construction materials. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The global automobiles and heavy equipment market is segmented -

1) By Type: Business Services, Managed Services, System Integrator, Other Types

2) By Application: Cars And Light Trucks, Medium And Heavy Trucks, Farm And Construction Equipment, Other Applications

3) By Size: Heavy Trucks, Medium Trucks, Light Trucks

    Table Of Contents

    1. Executive Summary

    2. Automobiles And Heavy Equipment Market Characteristics

    3. Automobiles And Heavy Equipment Market Trends And Strategies

    4. Automobiles And Heavy Equipment Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Automobiles And Heavy Equipment Market

    4.2 Ukraine-Russia War Impact On Automobiles And Heavy Equipment Market

    4.3 Impact Of High Inflation On Automobiles And Heavy Equipment Market

    5. Automobiles And Heavy Equipment Market Size And Growth

    5.1. Global Automobiles And Heavy Equipment Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Automobiles And Heavy Equipment Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Automobiles And Heavy Equipment Market Segmentation

    6.1. Global Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Business Services

    Managed Services

    System Integrator

    Other Types

    6.2. Global Automobiles And Heavy Equipment Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Cars And Light Trucks

    Medium And Heavy Trucks

    Farm And Construction Equipment

    Other Applications

    6.3. Global Automobiles And Heavy Equipment Market, Segmentation By Size, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Heavy Trucks

    Medium Trucks

    Light Trucks

    7. Automobiles And Heavy Equipment Market Regional And Country Analysis

    7.1. Global Automobiles And Heavy Equipment Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Automobiles And Heavy Equipment Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Automobiles And Heavy Equipment Market

    8.1. Asia-Pacific Automobiles And Heavy Equipment Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Automobiles And Heavy Equipment Market

    9.1. China Automobiles And Heavy Equipment Market Overview

    9.2. China Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Automobiles And Heavy Equipment Market

    10.1. India Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Automobiles And Heavy Equipment Market

    11.1. Japan Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Automobiles And Heavy Equipment Market

    12.1. Australia Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Automobiles And Heavy Equipment Market

    13.1. Indonesia Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Automobiles And Heavy Equipment Market

    14.1. South Korea Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Automobiles And Heavy Equipment Market

    15.1. Western Europe Automobiles And Heavy Equipment Market Overview

    15.2. Western Europe Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Automobiles And Heavy Equipment Market

    16.1. UK Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Automobiles And Heavy Equipment Market

    17.1. Germany Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Automobiles And Heavy Equipment Market

    18.3. France Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Automobiles And Heavy Equipment Market

    19.1. Eastern Europe Automobiles And Heavy Equipment Market Overview

    19.2. Eastern Europe Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Automobiles And Heavy Equipment Market

    20.1. Russia Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Automobiles And Heavy Equipment Market

    21.1. North America Automobiles And Heavy Equipment Market Overview

    21.2. North America Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Automobiles And Heavy Equipment Market

    22.1. USA Automobiles And Heavy Equipment Market Overview

    22.2. USA Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Automobiles And Heavy Equipment Market

    23.1. South America Automobiles And Heavy Equipment Market Overview

    23.2. South America Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Automobiles And Heavy Equipment Market

    24.1. Brazil Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Automobiles And Heavy Equipment Market

    25.1. Middle East Automobiles And Heavy Equipment Market Overview

    25.2. Middle East Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Automobiles And Heavy Equipment Market

    26.1. Africa Automobiles And Heavy Equipment Market Overview

    26.2. Africa Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Automobiles And Heavy Equipment Market Competitive Landscape And Company Profiles

    27.1. Automobiles And Heavy Equipment Market Competitive Landscape

    27.2. Automobiles And Heavy Equipment Market Company Profiles

    27.2.1. American Rail Center Logistics

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. CEVA Logistics

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. DHL

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. FedEx Freight

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. United Parcel Service

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Automobiles And Heavy Equipment Market

    29. Automobiles And Heavy Equipment Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Automobiles And Heavy Equipment Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Automobiles And Heavy Equipment Market, Segmentation By Size, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Automobiles And Heavy Equipment Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Automobiles And Heavy Equipment Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: China, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: India, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: Japan, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: Australia, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: Indonesia, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: South Korea, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: Western Europe, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: UK, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: Germany, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: France, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: Russia, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: North America, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: USA, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: South America, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: Brazil, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: Middle East, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: Africa, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: American Rail Center Logistics Financial Performance
  • Table 28: CEVA Logistics Financial Performance
  • Table 29: DHL Financial Performance
  • Table 30: FedEx Freight Financial Performance
  • Table 31: United Parcel Service Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Automobiles And Heavy Equipment Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Automobiles And Heavy Equipment Market, Segmentation By Size, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Automobiles And Heavy Equipment Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Automobiles And Heavy Equipment Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: China, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: India, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: Japan, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: Australia, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: Indonesia, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: South Korea, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: Western Europe, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: UK, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: Germany, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: France, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: Russia, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: North America, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: USA, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: South America, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: Brazil, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: Middle East, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: Africa, Automobiles And Heavy Equipment Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: American Rail Center Logistics Financial Performance
  • Figure 28: CEVA Logistics Financial Performance
  • Figure 29: DHL Financial Performance
  • Figure 30: FedEx Freight Financial Performance
  • Figure 31: United Parcel Service Financial Performance
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