Oversized Cargo Transportation Market - Growth, Overview & Outlook
The global oversized cargo transportation market stood at more than USD $244 million in 2019 and is projected to grow at more than 5% CAGR by 2026 on account of increasing global trade. Oversized cargo transportation refers to moving overweight and bulky loads that exceed the authorized weight limits and dimensions from a point of origin to a desired destination. Transporting oversized cargo is not feasible through standard containers or standard road vehicles, as it involves high risks and requires efficient planning and execution. In terms of type, the oversized cargo transportation market is categorized into road transportation, rail transportation, sea transportation, and air transportation. Among these types, the road transportation category is anticipated to hold a significant portion of the global market for oversized cargo transportation during the forecast period. Major factors driving the growth of the market for oversized cargo transportation in the road ...