GITNUX MARKETDATA REPORT 2024

Global Transportation Industry Statistics

The global transportation industry is a key sector of the economy, facilitating the movement of people and goods across the world and contributing significantly to GDP and employment.

In this post, we explore key statistics that provide valuable insights into the vast and dynamic global transportation industry. From market sizes and growth predictions to specific sector data, these statistics shed light on the complex and interconnected network of transportation systems that facilitate the movement of people and goods around the world.

Statistic 1

"The global transportation market size was valued at USD 5.7 trillion in 2019."

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Statistic 2

"It is predicted to grow to about USD 7.58 trillion by 2027 with a CAGR of 3.4%."

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Statistic 3

"The US transportation system moved approximately 49.3 Billion tons of freight in 2019."

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Statistic 4

"Europe has about 521,000 companies in the road freight transport sector."

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Statistic 5

"The global market for smart transportation reached USD 70.14 billion in 2019."

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Statistic 6

"Asia-Pacific represents the leading market for air transport, worth USD 321.7 billion in 2018."

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Statistic 7

"The railway transport market is estimated to account for the largest share of 37.2% in the total transportation market."

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Statistic 8

"In 2019, 4.54 billion people traveled by air globally, leading to an almost 60-fold increase in air traffic since 1960."

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Statistic 9

"China had the highest number of heavy-duty trucks in 2018, with around 6.83 million trucks."

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Statistic 10

"Globally, there are over 2 million electric vehicles on the road as of 2019."

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Statistic 11

"Every day, the aviation industry transports over 10 million passengers and around USD 18 billion worth of goods."

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Statistic 12

"48% of global CO2 emissions from transport come from road vehicles."

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Statistic 13

"Approximately 80% of world goods trade by volume is carried by sea."

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Statistic 14

"Road transport accounts for almost 75% of all freight carried in Europe in 2017."

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Statistic 15

"Over 4.54 billion people worldwide traveled by air in 2019."

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Statistic 16

"Europe's aviation sector contributes €300 billion to the EU GDP."

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Statistic 17

"Container port traffic worldwide reached 801.84 million TEU (twenty-foot equivalent units) in 2018; this is roughly 35% more than a decade earlier."

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The statistics presented paint a comprehensive picture of the global transportation industry, showcasing its significant size and continuous growth. From the prediction of market expansion to the specifics of different transport sectors, such as air, road, and sea, it’s evident that transportation plays a crucial role in global commerce and connectivity. The data on the growing adoption of smart transportation technologies and electric vehicles further highlight the industry’s focus on sustainability and innovation. However, challenges like high CO2 emissions from road vehicles underscore the need for continued efforts towards more environmentally friendly practices. With continuous advancements and increasing passenger and freight volumes, the transportation sector remains a key driver of economic activity worldwide.

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