The production volumes for both road and pipeline transport in the US show a steady upward trend from 2024 to 2028. We note that the production value in 2023 was 621.60 billion US dollars, establishing a baseline for comparison. Analysis shows year-on-year growth rates of approximately 1.53% in 2025, 1.47% in 2026, 1.43% in 2027, and 1.38% in 2028. The compound annual growth rate (CAGR) over these five years is expected to be around 1.45%.
Future trends to watch for:
- Technological advancements in transportation, particularly in green technologies, which may impact production volumes.
- Changes in regulatory policies that could either foster or inhibit growth in different transportation sectors.
- Economic factors such as fuel costs and infrastructure investments which can influence overall transport growth.