The North America Energy Logistics Market would witness market growth of 13.9% CAGR during the forecast period (2022-2028).
Exploration and production innovations have made it possible to find and extract oil and natural gas from significant deposits all over the world. The demand for products made from petroleum has increased at the same time all across the world. Therefore, transportation is essential for providing the consistent and economical flow of petroleum that use all rely on to power their vehicles, heat their homes, and enhance our quality of life. Pipelines, trains, and tankers are tried-and-true methods of tying petroleum supply and demand together. Crude oil is transported from production sites to a loading terminal at a port using supply-end pipelines and trains. The crude oil is subsequently transported by tankers to pipelines on the demand side that are connected to the refineries, which turn the raw material into usable products.
A broad range of logistics services to streamline operations and improve supply chain management. Throughout the delivery time of the renewable energy and solar panel components, the skilled specialists will uphold the highest safety and environmental protection requirements while optimizing the supply chain, warehousing, and other processes. In order to create unique and affordable packaging solutions.
The adoption of environmentally friendly logistics solutions has increased recently as a result of the growing environmental concerns. With a highly integrated supply chain network connecting producers and consumers via a variety of transport methods, including air and express delivery services, maritime transport, freight rail, and truck transport, the United States currently represents one of the region's key markets for logistics. These elements would support the market growth in the North America region.
The US market dominated the North America Energy Logistics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $181,777.2 million by 2028. The Canada market is experiencing a CAGR of 16.5% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 15.5% during (2022 - 2028).
Based on End-User, the market is segmented into Private Sector and Government Sector. Based on Mode of Transport, the market is segmented into Roadways, Airways, Waterways, and Railways. Based on Application, the market is segmented into Oil & Gas, Renewable Energy, Power Generation, and Energy Mining. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Energy Logistics Market is Estimated to reach $877.4 Billion by 2028, at a CAGR of 14.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BYD Company Ltd., Deutsche Bahn AG (DB Schenker), C.H. Robinson Worldwide, Inc., Yusen Logistics Co., Ltd. (Nippon Yusen Kabushiki Kaisha), A.P. Moller - Maersk A/S, DSV A/S, Kuehne + Nagel International AG, Deutsche Post DHL Group, and Hellmann Worldwide Logistics SE & Co. KG.
By End-User
By Mode of Transport
By Application
By Country
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