The Global Energy Logistics Market will Hit $877.4 Billion by 2028, at a CAGR of 14.6%

30-Sep-2022 | Report Format: Electronic (PDF)

Energy Logistics Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Energy Logistics Market size is expected to reach $877.4 billion by 2028, rising at a market growth of 14.6% CAGR during the forecast period.

The Government Sector market is showcasing a CAGR of 16.1% during (2022 - 2028). This growth can be attributed to the growing government intervention in the pursuit of energy-generating minerals like coal, petroleum, natural gas, and others to be included in their portfolio. Government funding for transportation infrastructure, including public highways, airports, ports, and (in most countries) trains, is essential to logistics supporting the market growth in this segment.

The Roadways market acquired the high revenue share in the Global Energy Logistics Market by Mode of Transport in 2021, thereby, achieving a market value of $302.3 billion by 2028. The growth can be attributed to the heavy traffic congestion on the roads, increased investment, a quick change in regulatory laws, and large-scale infrastructure projects. The demand for the road mode of transportation is also significantly fueled by improved road connectivity across all industrialized countries as well as enhanced road connectivity in developing nations.

The Renewable Energy market has shown high growth rate of 16.3% during (2022 - 2028). This is because of the rising demand for green energy with the aim to cut harmful emissions. Renewable energy is increasingly being used as a source of energy in the daily lives as the globe works to address climate change. This would contribute to market growth in the energy logistics market in this segment over the forecast period.

The Asia Pacific market dominated the Global Energy Logistics Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $317 billion by 2028. The Europe market is anticipated to grow at a CAGR of 14.1% during (2022 - 2028). Additionally, The North America market would witness a CAGR of 13.9% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/energy-logistics-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Energy Logistics Market Segmentation

By End-User

  • Private Sector
  • Government Sector

By Mode of Transport

  • Roadways
  • Airways
  • Waterways
  • Railways

By Application

  • Oil & Gas
  • Renewable Energy
  • Power Generation
  • Energy Mining

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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
  • Hellmann Worldwide Logistics SE & Co. KG

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