1. Market Research
  2. > Transportation Market Trends
  3. > Road Transport

The Sector of Road Transportation: Latest Industry Trends and Statistics

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
12 votes

Major sectors under Road Transport

More market segments:

Global Road Transport Industry

The road transport industry plays a vital role in the automotive industry as well as in the transportation industry and in the wider economy, providing for the transport of goods and passengers. Road infrastructure is vital to the smooth running of the global road transport industry, which is also reliant on high-technology vehicles. The road transport industry analysis shows that players are increasingly focused on using energy-friendly vehicles to comply with changing requirements linked to environmental concerns.

The health of the world economy dictates growth in the road freight transport sector, rising and falling in tandem with demand for goods and services. Road passenger transport involves buses, taxis and car rentals, providing efficient ways to get passengers to their destinations. Demand for environmentally friendly vehicles continues to rise as passengers become more aware of the need to protect the environment. Hybrid or electric buses and taxis, in particular, continue to witness rising demand.

Key Market Segments

Public transportation continues to become more important as cities across the world encounter traffic-related problems due to the fast pace of globalization. Urban transport developers worldwide are choosing bus rapid transport (BRT) for advantages such as speed and affordability. Apart from a high level of efficiency, BRT systems also offer sustainable results with minimal operational subsidy, reports Frost & Sullivan. As budgets remain tight following the economic recession, BRT is becoming an increasingly attractive option for city developers eager to combat urban congestion and offer city dwellers a cheap, reliable way to travel.

Regional Market Share

China’s road passenger vehicle sector dominates the global market and holds strong growth potential, according to research from RNCOS. Growing transport infrastructure, a significant production base and economic growth are all factors fuelling industry performance. State initiatives have also been responsible for driving market growth. Mini buses and mid-heavy buses are two segments expected to boost China’s passenger vehicle market in coming years. Dongfeng Motor Group is one leading player currently operating in the passenger vehicle market in China.

India’s taxi service market has witnessed a growing number of small and large radio taxi operators, according to TechSci Research. The Indian radio taxi market has recorded almost 42% yearly growth since 2009 based on market revenue. Factors fuelling industry performance include rising levels of disposable income and a poor existing public transport system.

Brazil’s economy ranks sixth in the world, forecast to climb to fifth place before 2013, with a vast automobile manufacturing market. Bus production in Brazil is benefiting from rising demand in other countries. RNCOS predicts Brazil’s bus production will witness yearly growth in excess of 15% between 2012 and 2015. Buses are the top long-distance transportation method for most Brazilians and tourists, apart from in the Amazon Basin. The country’s bus services are mostly of very high quality. Municipal buses remain the principle mode of transport for people making the daily trip to work. Buses run frequently, and follow an extensive network of routes to cater to Brazilian passengers going to work and foreign travelers visiting the country. There is a high number of new vehicle registrations in the southeast of Brazil. The flex-fuel vehicle market segment is most popular among Brazilians according to current trends. This is thanks to its multi-choice refueling system. Flex-fuel vehicle sales have been soaring over recent years in Brazil, mainly due to favorable state regulations regarding biofuel usage.

Read more »

Customer Support

Talk to Sam

+852 8199 0067

1400 Reports
Truck Fleet, Road Network Length, Road Infrastructure Spending, Road Density
810 Statistics
Road Casualties, Road Network Length, Road Infrastructure Spending, Pipeline Length
1000 Reports
Truck Fleet, Road Network Length, Road Infrastructure Spending, Road Density
900 Reports
Truck Fleet, Road Density, Road Transport Expenditure, Road Infrastructure Spending
88 Reports
Road Transport Revenue, Truck Fleet, Road Infrastructure Spending, Road Network Length
620 Statistics
Road Casualties, Number Of Employees, Road Infrastructure Spending, Number Of Enterprises
150 Reports
Road Network Length, Road Density, Truck Fleet, Road Traffic Volume
36 Statistics
Road Infrastructure Spending, Road Casualties, Transport Infrastructure Spending, Passenger Traffic
180 Reports
Road Network Length, Road Transport Expenditure, Road Infrastructure Spending, Road Density
3600 Statistics
Road Freight Volume, Road Casualties, Freight Volume, Truck Fleet
69 Reports
Road Infrastructure Spending, Truck Fleet, Road Transport Revenue, Road Transport Expenditure
2800 Statistics
Road Freight Volume, Road Casualties, Freight Volume, Road Transport Expenditure
210 Reports
Truck Fleet, Road Network Length, Road Infrastructure Spending, Road Transport Expenditure
86 Reports
Road Transport Revenue, Road Infrastructure Spending, Truck Fleet
43 Reports
Market Size, Supply, Demand
630 Statistics
Road Casualties, Road Network Length, Road Infrastructure Spending, Road Freight Volume
Search in Road Transport Industry (About 5700 reports)
Parent industry: Transportation
Related industries: Passenger Transportation, Air Transport, Logistics and Freight, Rail Transportation, Maritime Transport, Pipeline Transportation

About 700 reports

Purchase Reports From Reputable Market Research Publishers

Drone Taxi Market by Range, Propulsion, Autonomy, Passenger Capacity, System, End Use & Region - Global Forecast to 2030

  • $ 4950
  • July 2021
  • 200 pages

The Drone Taxi market size is forecasted to grow from an estimated USD 74 million in 2025 to reach USD 860 million by 2030, at a CAGR of 63.0% from 2025 to 2030. The recent technological developments in ...

  • World
  • North America
  • Taxi Service
  • Drone
  • Industry analysis
  • Greenhouse Gas Emissions
  • Foreign Direct Investment

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on