The Business Research Company’s “Transport Services Market By Type Of Product (General Transportation, Truck Transportation, Air Transportation, Rail Transportation, Transit And Ground Passenger Transportation, Warehousing And Storage, Water Transportation, And Pipeline Transportation), Competitive Landscape And Market Size – Global Forecast To 2022” under Transportation Services category covers market characteristics, key players, market size and trends from 2019 to 2022.
The transport services market consists of sales of transportation services and related goods by entities (organizations, sole traders and partnerships) that transport goods and people from one location to another for an amount or fee. The transportation services industry includes establishments that provide services to move people, goods and materials through air, rail, road, water, and pipeline. The market also comprises sales of warehousing and storage services by entities that are involved in the operation of warehousing and storage facilities for merchandise, refrigerated goods, and other materials.
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The Transport Services market is segmented by type of service, by purpose and by geography.
By Type Of Service – The transport services market can be segmented by type into
a) General Transportation
b) Truck Transportation
c) Air Transportation
d) Water Transportation
e) Transit And Ground Passenger Transportation
f) Warehousing And Storage
g) Rail Transportation
h) Pipeline Transportation
The general transportation market was the largest segment of the transport services market in 2018 at 30.4%. The pipeline transportation market is expected to be the fastest-growing segment going forward at a CAGR of 11.9%.
By Purpose – The transport services market can be segmented by type into
a) Cargo And Freight
b) Tourism And Leisure Travel
c) Transportation Support Activities
d) Commuter Travel
e) Shipping And Delivery
f) Business Travel
The cargo and freight travel was the largest segment of the transport services market in 2018 at 33.4%. The commuter travel is expected to be the fastest-growing segment going forward at a CAGR of 8.9%.
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This post was originally published on Analytics News