Freight Brokerage Services Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The rapidly increasing global trade and the need to control the time-in-transit is exponential boosting the automotive freight brokerage services market. The mounting adoption of blockchain in freight management, as well as rapidly growing communication technologies and IoT, is further supporting the growth of the market.

MARKET DYNAMICS

The emergence of advanced solutions in cargo security, safety, and transportation is driving the growth of the Freight brokerage services market. However, the cross-border trade risks may restrain the growth of the Freight brokerage services market. Furthermore, the autonomous trucking and smart freight transport is anticipated to create market opportunities for the freight brokerage services market during the forecast period.

MARKET SCOPE

The "Global Freight brokerage services market Analysis to 2031" is a specialized and in-depth study of the Freight brokerage services market with a special focus on the global market trend analysis. The report aims to provide an overview of Freight brokerage services market with detailed market segmentation by type, industry vertical, and geography. The global Freight brokerage services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Freight brokerage services market players and offers key trends and opportunities in the Freight brokerage services market.

MARKET SEGMENTATION

The global Freight brokerage services market is segmented on the basis of type and industrial vertical. Based on system the market is fragmented into truckload freight and LTL Freight introduction. Similarly, based on type the market is segmented food and beverage, manufacturing, auto and industrial, chemical, and other.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Freight brokerage services market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Freight brokerage services market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Freight brokerage services market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Freight brokerage services market in these regions.

Freight Brokerage Services Market Report Analysis

Freight Brokerage Services Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• C.H. Robinson
• Coyote Logistics
• Echo Global Logistics
• GlobalTranz
• J.B. Hunt Transport
• Landstar System
• Mode Transportation
• NTG Freight
• Total Quality Logistics (TQL)

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Type

• Truckload Freight
• LTL Freight Introduction

By Industry Vertical

• Food and Beverage
• Manufacturing
• Auto and Industrial
• Chemical

MARKET PLAYERS

The reports cover key developments in the Freight brokerage services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Freight brokerage services market are anticipated to lucrative growth opportunities in the future with the rising demand for Freight brokerage services market. Below mentioned is the list of few companies engaged in the Freight brokerage services market.

The report also includes the profiles of key Freight brokerage services market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   C.H. Robinson
•   Coyote Logistics
•   Echo Global Logistics
•   GlobalTranz
•   J.B. Hunt Transport
•   Landstar System
•   Mode Transportation
•   NTG Freight
•   Total Quality Logistics (TQL)
•   XPO Logistics

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Freight Brokerage Services Market Report Scope