The value added of road and pipeline transport in the US is projected to grow steadily from 2024 to 2028, with values forecasted to increase from $351.86 billion in 2024 to $384.9 billion in 2028. The actual value in 2023 stood at $343.97 billion. The year-on-year growth rates are approximately 2.42% in 2025, 2.31% in 2026, 2.22% in 2027, and 2.13% in 2028. The compound annual growth rate (CAGR) over the five-year period is around 2.17%.
Future trends to watch for include advancements in electric and autonomous vehicle technology, which could further enhance efficiency and reduce costs in road transport. Additionally, developments in pipeline infrastructure and regulatory changes may impact value addition in this sector.
