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Project Logistics Market Size & Share 2026-2035

Report ID: GMI10706
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Published Date: August 2026
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Project Logistics Market Size

The project logistics market was valued at USD 68.8 billion in 2025 and is projected to reach USD 120.1 billion by 2035, reflecting an approximately 5.8% CAGR over 2026–2035.

Project Logistics Market Key Takeaways

2025 Market Size
$ 68.8 Billion
2026 Market Size
$ 72.3 Billion
2035 Forecast Market Size
$ 120.1 Billion
CAGR (2026–2035)
5.8%
Regional Dominance
Largest Market
Asia Pacific
Fastest Growing Region
Middle East & Africa
Key Players
  • Market Leader: DHL led with over 21.6% market share in 2025.

  • Leading Players: Top 5 players in this market include CEVA Logistics, DHL, DSV, Kuehne + Nagel, Nippon Express, which collectively held a market share of 46.4% in 2025.

The project logistics market covers specialized logistics for oversized, overweight, high-value, and technically complex cargo, including heavy lift, breakbulk, turnkey coordination, and integrated supply-chain execution for industrial projects. Standard freight forwarding and general cargo logistics are outside the market boundary.

Energy and infrastructure investment are expanding the pool of projects that require non-standard logistics. Global energy investment is expected to reach USD 3.3 trillion in 2025, including USD 2.2 trillion for clean technologies such as renewables, grids, storage, nuclear, and electrification.[1] Infrastructure financing activity reached USD 2.169 trillion in FY2024, while project finance totaled USD 799.16 billion.[2] Private participation in infrastructure also rose to USD 100.7 billion in 2024. These expenditures create project-cargo demand when equipment must be fabricated across multiple origins, moved through constrained ports and corridors, and delivered in construction sequence rather than merely transported from origin to destination.

Oil and gas remains the largest end-use industry, generating USD 18.7 billion in 2025. Power and utilities, valued at USD 13.4 billion, is projected to grow most rapidly at approximately 7.2% through 2035 as offshore wind, transmission, storage, and nuclear programs require heavy-lift, cable, and modular-equipment movements. Asia Pacific generated USD 33.20 billion in 2025, or 48.2% of global revenue, while the Middle East and Africa is expected to record the fastest regional growth at approximately 7.1% through 2035.

GMI Analyst View

The market's growth is tied less to generalized freight demand than to the execution profile of capital projects. A utility-scale wind installation, LNG train, transmission corridor, or industrial module program creates work years before commissioning because routes, port interfaces, vessel windows, storage capacity, and installation sequencing must be designed around the physical dimensions of the cargo. This front-end engineering requirement shifts value toward providers that can participate early in project design rather than compete only for a transport leg after procurement.

The projected revenue premium over volume growth also signals an operational constraint. Cargo is becoming larger, more route-sensitive, and more dependent on scarce equipment, while investment is concentrated in sectors that cannot tolerate late delivery. The result is a market in which access to specialist assets, credible transport engineering, and trade-compliance capability can be more consequential than scale in conventional forwarding.

The market assessment covers 2022–2035, with 2025 as the base year, and measures revenue in USD billion and volume in million tons. It includes specialized transportation, engineering-led project coordination, storage, customs and compliance, cargo handling, and installation support for complex industrial cargo.

Key Drivers

Driver (~) % Impact on CAGR Forecast Geographic Relevance Impact Timeline
Infrastructure investment and megaproject pipelines +1.6% Global, particularly Asia Pacific and MEA Long term (> 4 years)
Energy-transition investment +1.3% Global, particularly Asia Pacific, Europe, and North America Long term (> 4 years)
Industrial modularization +0.9% Global, particularly Asia Pacific, North America, and MEA Medium term (2–4 years)
Renewable energy and offshore wind expansion +1.0% Europe, Asia Pacific, and North America Medium term (2–4 years)

Infrastructure investment and megaproject pipelines

Infrastructure investment translates into project logistics demand only when capital is committed to physical assets with difficult delivery requirements. The current financing cycle is concentrated in transport, energy, water, ports, and industrial systems, where equipment is often oversized, fabricated internationally, and delivered to sites before local infrastructure is fully developed. The Global Infrastructure Outlook estimates a USD 15 trillion investment gap against USD 94 trillion of required investment through 2040.[3] That gap supports a durable pipeline, but it also exposes the practical need for specialist logistics as projects move from financing into construction.

India illustrates the connection between national infrastructure planning and project cargo. The PM Gati Shakti program includes 434 projects with a combined outlay of approximately INR 11.17 lakh crore across energy, port-connectivity, and freight-corridor infrastructure. Saudi Arabia's Port of NEOM is being developed with more than SAR 15 billion of investment, six kilometers of quay walls, and an 18.5-meter channel to accommodate large vessels. Such programs create demand for logistics providers that can align marine movements, inland access, permitting, and site delivery before physical works are complete.

Energy-transition investment

Clean-energy investment changes the composition of project cargo as much as it increases total demand. Wind components, offshore foundations, grid transformers, cable drums, and battery-related equipment often exceed conventional handling limits or require delivery within narrow installation windows. The IEA's estimate of USD 2.2 trillion in clean-energy investment for 2025 indicates that these assets are being deployed at a scale that increasingly competes for the same specialist vessels, ports, and engineering resources.

Offshore wind is especially demanding because its logistics chain extends from fabrication yards through marshalling ports to offshore installation. Jan De Nul's Les Alizés moved from German offshore-wind work to projects in Denmark and Scotland under successive assignments, demonstrating how scarce XXL-monopile capacity can be committed years ahead. Asset scheduling therefore becomes a project-development consideration: developers that defer logistics planning may face higher charter costs or altered installation sequences even when equipment procurement remains on schedule.

Industrial modularization

Modular construction relocates fabrication work from the project site to specialized yards, but it does not eliminate execution risk; it transfers much of that risk into transport engineering. LNG Canada used modules fabricated in China, Indonesia, and Italy, with the heaviest units exceeding 9,500 tonnes. Modules of that scale impose design constraints on lifting points, vessel selection, port draft, road geometry, laydown areas, and the sequence in which equipment can be integrated on site.

As modules become more complete before shipment, logistics decisions increasingly affect engineering outcomes. JGC's module strategy reduced on-site work by completing more integration at fabrication yards, while concentrating transportation complexity in a narrower delivery window. Providers that can connect module design, port handling, time-charter procurement, and final delivery are consequently positioned as execution partners rather than transport subcontractors.

Renewable energy and offshore wind expansion

Offshore wind is increasing the technical threshold for project logistics. WindEurope has identified a need for materially higher installation rates to support Europe's offshore-wind ambitions. New installation vessels are being designed around the larger foundations and turbines now entering project pipelines. Van Oord's Boreas, delivered in 2025, has a crane capacity above 3,000 tonnes and completed monopile installation at the 1.6 GW Nordseecluster A project.

Port capacity is becoming a decisive constraint alongside vessels. Mammoet handled 116 monopiles at Eemshaven across the Nordseecluster A and Thor programs, with individual monopiles of approximately 1,500 tonnes requiring tailored load-in, storage, and load-out arrangements. Penta-Ocean Construction separately approved approximately JPY 79 billion for a 5,000-tonne heavy-lift vessel and a cable-laying vessel for Japan's offshore-wind market. These investments show that specialized capacity is expensive, long-lived, and not readily replicated when project pipelines accelerate.

Key Restraints

Restraint (~) % Impact on CAGR Forecast Geographic Relevance Impact Timeline
Capital requirements for specialist assets and infrastructure -0.7% Global, particularly Europe, Asia Pacific, and MEA Medium term (2–4 years)
Geopolitical and regulatory uncertainty -0.5% Global, particularly Asia Pacific-Europe corridors and MEA Short term (≤ 2 years)

Capital requirements for specialist assets and infrastructure

Project logistics requires equipment that cannot be deployed interchangeably with general-freight assets. Multipurpose vessel newbuilding prices reached USD 52.75 million for 30,000 DWT units in late 2024, while delivery slots faced competition from other shipping segments.[4] Offshore-wind installation vessels, high-capacity cranes, SPMTs, specialized trailers, and engineered laydown areas impose further capital requirements. Asset ownership can improve control over capacity, but it also exposes operators to utilization risk when projects are deferred or redesign their delivery sequence.

The alternative, chartering, can be equally restrictive in tight markets. deugro reported that vessels required for its INEOS Project One program were limited and often committed far in advance; securing capacity quickly depended on established carrier relationships. This makes relationship capital commercially significant. Smaller providers may be technically capable of managing a movement but unable to secure suitable assets at a margin that supports the project's risk profile.

Inland infrastructure can extend the cost and duration of heavy-haul work. A 50-meter, 171-tonne cold box transported from Walvis Bay to Zambia required two months of route preparation, 11 bypasses, and 45 days of transit. The logistical task therefore includes civil modifications, local permits, escorts, and contingency planning. Delays in these elements can immobilize expensive equipment and disrupt downstream site work.

Geopolitical and regulatory uncertainty

Cross-border project movements have become more exposed to route disruption, tariff changes, and sanctions screening. The Red Sea disruption forced vessels on Asia-Europe routes to divert around the Cape of Good Hope, extending transit time and changing freight and insurance economics. For breakbulk and heavy-lift movements, a reroute can affect lifting windows, port slots, and construction sequencing because the cargo is not easily transferred to another service.

Tariffs and trade measures also influence sourcing decisions for modules and industrial equipment. Project Cargo Journal reported that tariff escalation has entered project-cargo planning as developers reassess origin choices, duties, and supply-chain exposure. The consequence is not solely higher freight cost: a change in fabrication location can create a new port pair, inland route, customs regime, and technical interface.

Sanctions compliance imposes a parallel burden. Construction and infrastructure contracts increasingly require sanctions assessment across contractors, subcontractors, equipment suppliers, financial flows, and transport providers. For a multi-year project, compliance must be maintained as the supply chain changes rather than completed once at contract award. Providers with embedded screening, documentation, and route-risk processes can reduce execution disruption; those without them may face expensive late-stage substitutions.

GMI Analyst View

The drivers and restraints reinforce each other. Energy-transition projects, modular industrial plants, and infrastructure programs all compete for a finite base of heavy-lift vessels, specialist crews, engineered ports, and inland route capacity. That competition improves the value of asset access, but it also means that headline project investment should not be interpreted as immediately available logistics revenue. Capacity, permitting, and delivery sequencing determine when spending becomes executable work.

The commercial advantage lies in reducing uncertainty early. A provider that combines transport engineering, charter access, customs control, and route alternatives can identify impractical delivery assumptions before they become construction delays. Capital intensity remains a barrier to entry, while regulatory volatility makes operational discipline a recurring requirement rather than an ancillary service.

Project Logistics Market Segment Analysis

By Service

Transportation & freight services generated USD 41.7 billion in 2025, accounting for 60.6% of the market, and are projected to reach USD 74 billion by 2035 at approximately 6.0% CAGR. The category remains the market's largest because every project ultimately requires physical movement, but its execution increasingly depends on route surveys, lift studies, permits, port coordination, and engineered cargo securing. The service is therefore differentiated by the ability to manage exception cargo rather than by freight capacity alone.

Project Logistics Market Size, By Service, 2022 – 2035 (USD Billion)
Project Logistics Market Size, By Service, 2022 – 2035 (USD Billion)

Project management & coordination generated USD 10.4 billion in 2025 and is projected to grow at approximately 6.8% CAGR to USD 19.8 billion by 2035. Maersk characterizes project logistics as integrated management of material flow, order management, and shipment execution across multiple origins and transport modes.[5] As EPC projects use more fabrication sites and tighter installation sequences, clients have a stronger incentive to appoint one accountable coordinator rather than manage interfaces among independent carriers, warehouses, customs brokers, and site contractors.

Warehousing & storage solutions totaled USD 5.8 billion in 2025 and are projected to reach USD 10.6 billion by 2035. In project logistics, storage is not a passive holding activity: laydown space must support cargo weight, inspection, preservation, and staged release to site. deugro has identified dedicated laydown operations as a response to constrained marshalling capacity at modularized projects. This makes suitable storage space a scheduling asset, particularly where ports or construction sites lack engineered buffer capacity.

Customs & compliance services generated USD 3.5 billion in 2025 and are projected to reach USD 5.7 billion by 2035. The category includes customs documentation, sanctions screening, permitting, route approvals, and country-of-origin control. Its growth trails project coordination because some compliance work is bundled into larger contracts, but its relevance rises when a project crosses multiple jurisdictions or changes sourcing during execution.

Packing, crating & cargo handling generated USD 3.1 billion in 2025 and are projected to reach USD 3.8 billion by 2035. Lower approximately 2.4% growth reflects the relative standardization of routine packing, although specialized cargo handling remains integral where load distribution, weather protection, and lifting geometry are project-specific. Installation & commissioning support totaled USD 2.23 billion and is projected to reach USD 3.4 billion. The service becomes more relevant where providers can extend their transport-engineering knowledge into site handover and module hook-up support. Other services account for USD 2.10 billion in 2025 and are projected to reach USD 2.81 billion.

By Transport Mode

Road transport is the largest transport mode, producing USD 25.2 billion in 2025 and projected to reach USD 43.3 billion by 2035. Roads provide the final connection between ports, railheads, fabrication yards, and sites, but they are also where bridge ratings, turning radii, overhead clearances, and public-safety restrictions can determine feasibility. The road leg frequently dictates the allowable dimensions of a module before fabrication begins.

Sea freight generated USD 20.7 billion in 2025 and is projected to reach USD 37.5 billion by 2035. It covers multipurpose, heavy-lift, semi-submersible, and RoRo movements for breakbulk and out-of-gauge cargo. Vessel availability is central to its economics: rising MPP vessel prices and constrained newbuilding capacity limit the speed at which the fleet can adjust to new project demand.

Multimodal transport totaled USD 14.8 billion in 2025 and is forecast to grow fastest, at approximately 6.8%, reaching USD 28.59 billion by 2035. Its value arises when project sites cannot be served by one mode. Maersk's movement for WEG through the Amazon combined ocean shipping, river barges, and road transport while accommodating seasonal navigability constraints. Coordinating such routes under a single operating plan can reduce handoff risk, but it requires control of timing across every mode rather than merely arranging successive bookings.

Rail freight generated USD 5.3 billion in 2025 and is projected to reach USD 7.2 billion by 2035. Rail is suited to heavy equipment where networks, loading infrastructure, and last-mile road access are available. India's Western Dedicated Freight Corridor is improving rail connectivity to Jawaharlal Nehru Port and enlarging the corridors from which project cargo can be transferred to road-based final delivery. Air freight, at USD 2.8 billion in 2025 and USD 3.60 billion by 2035, remains a selective option for time-critical instruments, spare parts, and controls rather than a practical channel for high-mass project equipment.

By End-Use Industry

Oil & gas is the largest end-use segment at USD 18.7 billion in 2025 and is projected to reach USD 28.8 billion by 2035. LNG, FLNG, refineries, pipelines, offshore platforms, and petrochemical projects require movements ranging from process modules to subsea and commissioning equipment. Marinetrans secured contracts covering logistics for two Black & Veatch FLNG newbuilds, including critical-component transport, heavy-lift delivery, supply-chain coordination, and site support. The segment remains substantial because its equipment is capital intensive and globally sourced, although its growth rate of approximately 4.5% is lower than power and utilities.

Construction & infrastructure generated USD 15.5 billion in 2025 and is projected to reach USD 26.7 billion by 2035. Demand derives from dams, bridges, tunnels, ports, industrial zones, and transport networks that require heavy equipment and large fabricated structures. Its logistics profile differs from energy projects because site access and civil works may evolve while deliveries are underway, increasing the importance of route planning and temporary storage.

Power & utilities generated USD 13.4 billion in 2025 and is projected to grow fastest, at approximately 7.2%, reaching USD 26.8 billion by 2035. The segment combines large wind components, grid equipment, transformers, and cable systems. deugro delivered 15,500 metric tons of subsea cable from Japan and Norway to a cable-laying vessel in Abu Dhabi, demonstrating the cross-border coordination required for a single electrification project.[6] It also began a multi-year program to deliver more than 800 cable drums for Germany's SuedOstLink corridor. Grid investment therefore creates recurring logistics demand over construction phases, rather than a single heavy-lift event.

Manufacturing generated USD 9.7 billion in 2025 and is projected to reach USD 18.38 billion by 2035. New production facilities, chemical plants, semiconductor fabs, and industrial expansions require a mix of high-value machinery and preassembled process equipment. Mining & metals generated USD 7.2 billion and is projected to reach USD 13.21 billion. Remote sites make route preparation, equipment mobilization, and multimodal planning central to the service proposition, as illustrated by the Namibia-to-Zambia cold-box movement. Other end uses represent USD 4.25 billion in 2025 and are projected to reach USD 6.25 billion.

GMI Analyst View

Physical transport remains the revenue base, yet growth is shifting toward the services that make complex transport executable. Project management and coordination grows faster than freight because clients are increasingly buying control over interfaces: fabrication releases, vessel windows, customs clearance, storage, and installation sequencing. Warehousing follows a similar logic, as engineered laydown space protects a project from disruption when cargo reaches a region before the site can receive it.

The strongest segment divergence is in end use. Oil and gas retains the largest revenue pool because of its installed project pipeline and module intensity, while power and utilities expands more rapidly as turbine, transmission, and cable programs demand both heavy-lift capacity and sustained delivery coordination. Providers that can serve these different execution patterns without treating them as interchangeable freight movements will be better positioned to capture the faster-growing, higher-complexity work.

Project Logistics Market Regional Analysis

North America

North America generated USD 11.4 billion in 2025, representing 16.5% of global revenue, and is projected to reach USD 19.5 billion by 2035 at approximately 5.6% CAGR. Regional volume is expected to increase from 17.9 million tons to 28.7 million tons. U.S. LNG construction, renewable-energy deployment, industrial investment, and transport infrastructure underpin demand. U.S. LNG exports reached 88.2 million tonnes in 2024, and capacity is expected to reach 25.2 billion cubic feet per day by 2028 as new projects advance. Modular construction raises the need for coordinated coastal, barge, rail, and heavy-road movements.

U.S. Project Logistics Market Size, 2022 – 2035, (USD Billion)
U.S. Project Logistics Market Size, 2022 – 2035, (USD Billion)

Canada adds LNG, oil sands, and remote mining requirements. The region's operating challenge is not a lack of project activity but the fragmented permitting environment for oversize and overweight movements. Providers must coordinate federal, state, provincial, and local requirements, which can make route certainty as valuable as transport equipment.

Europe

Europe generated USD 16.8 billion in 2025, or 24.4% of global revenue, and is projected to reach USD 26.7 billion by 2035. Volume is expected to rise from 26.3 million tons to 39.1 million tons. Offshore wind, interconnectors, transmission corridors, and industrial modernization form the core demand base, particularly in northern Europe where ports, fabrication capacity, and installation activity are concentrated.

Germany and the United Kingdom illustrate the region's offshore-wind intensity. Van Oord deployed Boreas on Germany's Nordseecluster A, while Heerema's Sleipnir installed a 2,700-tonne offshore transformer module for Scotland's Inch Cape project. The Netherlands plays a strategic marshalling role through ports including Eemshaven, where large foundations can be stored and transferred. Europe's approximately 4.8% growth rate is lower than Asia Pacific and MEA, but the region remains technically demanding and supports high-value work involving specialized vessels, foundation handling, and grid-cable programs.

Asia Pacific

Asia Pacific is the largest regional market, generating USD 33.2 billion in 2025, or 48.2% of global revenue, and is projected to reach USD 61 billion by 2035 at approximately 6.3% CAGR. Volume is expected to rise from 50.6 million tons to 87.28 million tons. China's infrastructure activity and renewable manufacturing scale, India's transport and energy buildout, Southeast Asian industrial investment, and offshore-wind programs in Japan, South Korea, and Taiwan create a diversified project pipeline.

China accounted for approximately USD 675 billion of clean-energy investment in 2024. India's PM Gati Shakti projects and Dedicated Freight Corridor investments improve the logistics infrastructure that supports industrial and energy construction.[7] Japan is developing dedicated offshore-wind assets, including Penta-Ocean's proposed 5,000-tonne heavy-lift vessel and cable-laying vessel. The region's size does not eliminate execution difficulty: cargo may still move between fabrication hubs, congested ports, and geographically constrained project sites, making multimodal coordination a core capability.

MEA

MEA generated USD 4.9 billion in 2025 and is projected to reach USD 9.8 billion by 2035, the fastest regional growth rate at approximately 7.1%. Volume is forecast to increase from 7.6 million tons to 14.2 million tons. Saudi Arabia's industrial, port, and giga-project agenda is central to the outlook. Port of NEOM's investment program is intended to create facilities capable of receiving large vessels and supporting the broader NEOM development.

The region also benefits from its position between Asian fabrication centers, European equipment suppliers, and African resource projects. CEVA Logistics and Almajdouie Logistics finalized a Saudi Arabian joint venture in October 2024, combining a local fleet and workforce with CEVA's international network.[8] In the UAE, the Abu Dhabi cable-delivery project demonstrates the region's role as both a transit hub and an execution base for energy infrastructure. Growth will depend on whether port, inland, and customs capacity expands in step with construction schedules.

Latin America

Latin America generated USD 2.5 billion in 2025 and is projected to reach USD 3.2 billion by 2035, reflecting the lowest regional CAGR of approximately 2.5%. Volume is expected to increase from 3.8 million tons to 4.59 million tons. Brazil's offshore energy, industrial, and renewable projects provide the largest demand base, while Mexico, Argentina, Chile, Colombia, and other markets contribute energy, mining, and manufacturing projects.

The region's opportunity is tempered by route and asset constraints outside its main industrial corridors. Maersk's Amazon movement for WEG required ocean, barge, and road transport while navigating seasonal river conditions. Such conditions increase lead times and may require imported specialist equipment, making early route planning particularly important. Latin American project logistics can therefore command high technical involvement despite lower aggregate market growth.

GMI Analyst View

Regional demand is shaped by different combinations of capital formation and execution capacity. Asia Pacific has the scale advantage because energy, industrial, and infrastructure construction are occurring simultaneously across multiple major economies. Its growth is supported by both project generation and expanding logistics networks, although cross-border complexity and site access continue to favor integrated providers.

MEA's faster growth reflects unusually concentrated megaproject investment and a need to build logistics capability alongside physical developments. Europe remains a specialist-heavy market, where offshore-wind and grid work rewards port access, vessel capability, and engineering precision more than generic scale. North America has substantial LNG and infrastructure demand, but fragmented route permissions can slow physical delivery. Latin America's lower revenue growth masks the operational premium created by difficult terrain, seasonal waterways, and limited local heavy-lift capacity.

Project Logistics Market Share & Competitive Landscape

Competition is determined by the ability to control scarce capacity and manage complex interfaces, rather than by conventional freight scale alone. Leading providers combine international networks with project-engineering teams, charter relationships, customs capability, storage infrastructure, and sector expertise. The competitive field includes global logistics groups, regional operators with specialized corridor knowledge, and emerging firms focused on heavy lift, breakbulk, cable logistics, and modular projects.

Kuehne + Nagel combines a global network with energy and industrial project capabilities. Its 2024 turnover was CHF 27.36 billion, with operations across 94 countries and 1,345 sites. In September 2025, the company partnered with Empire Energy to combine offshore-wind logistics with turbine assembly, commissioning, operations, maintenance, and heavy-lift transport capabilities. DHL participates through DHL Industrial Projects, providing heavy-lift, breakbulk, and EPC-oriented services for energy, mining, power, and construction projects.

DSV strengthened its position through the April 2025 acquisition of DB Schenker for approximately EUR 14.3 billion. The company established DSV Global Project and Industry Solutions, combining project-logistics capabilities with more than 1,000 specialists in 60 countries and annual turnover exceeding EUR 1 billion.[9] The integration gives DSV a broader platform for complex project work while making post-acquisition execution and specialist retention important competitive variables.

C.H. Robinson is active in North American heavy-haul and cross-border project movements. Nippon Express draws on its Asia Pacific network for industrial, energy, and infrastructure logistics. Agility Logistics has strong Middle Eastern and African exposure; Agility Logistics Parks delivered 226,000 square meters of logistics space in Jeddah and Riyadh during 2025 and announced a SAR 2.5 billion logistics-park joint venture in Jeddah. Maersk is positioning project logistics around integrated material-flow management and multimodal execution. Rhenus Logistics provides project-logistics capabilities in industrial construction, oil and gas, and power markets.

CEVA Logistics has expanded its regional and specialist footprint through its Saudi Arabian joint venture with Almajdouie and the acquisition of Fagioli Group. CEVA completed the Fagioli acquisition on March 31, 2026, adding heavy-haul, lifting, and hoisting expertise to its project-logistics platform. Geodis is differentiating through floating offshore wind. It transported and floated off three floating wind foundations in the Mediterranean in 2025 and is developing an XXL port-based lifting solution with DOLFINES.

Mainfreight, Kerry Logistics, GAC Internationale, Sinotrans, Yusen Logistics, and Logwin retain regional relevance through local networks and sector knowledge. GAC Internationale operates in offshore logistics, where demand for multipurpose offshore-support vessels has been affected by competition between wind and conventional energy projects. Sinotrans is positioned in China's domestic and international infrastructure-related flows, while Kerry Logistics, Yusen Logistics, Mainfreight, and Logwin support Asian, Australasian, European, and cross-border industrial movements.

Ludwig Häberle, Fracht, Crane Worldwide, and Deugro represent specialist or emerging competitive positions. Deugro's work on the INEOS Project One program involved 85,500 cubic meters of critical cargo from China, the UAE, and Oman, transported across 10 heavy-lift vessel voyages. Its cable-logistics assignments in Germany and the UAE illustrate how specialists can compete by developing deep expertise in a narrow but growing cargo category rather than replicating the global network of the largest providers.

Recent Industry Developments

DSV acquires DB Schenker and launches dedicated project-logistics unit

DSV completed the approximately EUR 14.3 billion acquisition of DB Schenker in April 2025 and launched DSV Global Project and Industry Solutions. The unit combines DSV and DB Schenker project-logistics teams, with more than 1,000 specialists in 60 countries.

CEVA Logistics completes Fagioli Group acquisition

CEVA Logistics completed its acquisition of Fagioli Group on March 31, 2026. The acquisition adds heavy hauling, lifting, and hoisting assets and capabilities supporting industrial and engineering projects across Europe, Asia Pacific, and North America.

CEVA and Almajdouie finalize Saudi Arabian joint venture

CEVA Logistics and Almajdouie Logistics finalized CEVA Almajdouie Logistics in October 2024. The Saudi Arabian venture is headquartered in Dammam and combines approximately 2,000 employees with more than 2,000 fleet assets.

Kuehne + Nagel partners with Empire Energy

Kuehne + Nagel and Empire Energy announced an offshore-wind logistics partnership in September 2025. The partnership combines port planning, turbine assembly, commissioning, maintenance support, blade inspection, heavy-lift transport, and international forwarding.

Van Oord receives Boreas

Van Oord took delivery of Boreas in January 2025. The 175-meter offshore installation vessel has a crane capacity above 3,000 tonnes and completed monopile installation work at Germany's Nordseecluster A project during 2025.

deugro completes INEOS Project One delivery program

deugro completed deliveries for INEOS Project One in 2025, moving 85,500 cubic meters of cargo from China, the UAE, and Oman through a 10-vessel heavy-lift program to the Port of Antwerp.

deugro starts SuedOstLink cable-drum deliveries

deugro began deliveries for the SuedOstLink program in November 2024. The multi-year assignment covers more than 800 cable drums, some weighing up to 86 metric tons, delivered to 120 construction sites in Bavaria.

Penta-Ocean commits capital to offshore-wind vessels

Penta-Ocean Construction approved approximately JPY 79 billion in December 2024 to build a 5,000-tonne heavy-lift vessel and a cable-laying vessel for Japan's offshore-wind market.

Geodis completes floating-wind foundation float-off

Geodis completed the transport and float-off of three floating-wind foundations in the Mediterranean between April and June 2025, using a semi-submersible barge.

Agility Logistics Parks announces Jeddah joint venture

Agility Logistics Parks announced a SAR 2.5 billion joint venture with Roshn in 2026 to develop an approximately 1.3 million-square-meter Grade-A logistics park in Jeddah.

Project Logistics Market Research Report
Project Logistics Market Research Report

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Authors:  Preeti Wadhwani, Manish Verma

Frequently Asked Questions (FAQs):

What was the market size of the project logistics in 2025?
The market size was USD 68.8 billion in 2025, with a CAGR of 5.8% expected through 2035. Increasing industrial activities and the growing complexity of cargo movements are driving market growth.
What is the projected value of the project logistics market by 2035?
The market is poised to reach USD 120.1 billion by 2035, driven by large-scale infrastructure projects, energy transition initiatives, and advancements in logistics technologies.
What is the expected size of the project logistics industry in 2026?
The market size is projected to reach USD 72.3 billion in 2026.
How much revenue did the transportation & freight services segment generate in 2025?
The transportation & freight services segment generated approximately USD 41.7 billion, dominating the market with a 60.6% share in 2025.
What was the valuation of the road transport segment in 2025?
The road transport segment was valued at around USD 25.2 billion in 2025, representing 36.6% of the market, due to its flexibility in handling large and heavy cargo across diverse terrains.
What is the growth outlook for the U.S. project logistics sector from 2026 to 2035?
The U.S. market is projected to grow at a CAGR of 5.7% till 2035, led by infrastructure upgrades, energy projects, and industrialization.
What are the upcoming trends in the project logistics market?
Trends include the integration of AI for route optimization and cost savings, increased demand for renewable energy project logistics, and investments in fleet expansion to address equipment shortages.
Who are the key players in the project logistics industry?
Key players include Agility Logistics, C.H. Robinson, CEVA Logistics, DHL, DSV, Geodis, Kuehne + Nagel, Maersk, Nippon Express, and Rhenus Logistics.

Research methodology, data sources & validation process

This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.

Our 6-step research process

  1. 1. Research design & analyst oversight

    At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.

    Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.

  2. 2. Primary research

    Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.

  3. 3. Data mining & market analysis

    Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.

  4. 4. Market sizing

    Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.

  5. 5. Forecast model & key assumptions

    Every forecast includes explicit documentation of:

    • ✓ Key growth drivers and their assumed impact

    • ✓ Restraining factors and mitigation scenarios

    • ✓ Regulatory assumptions and policy change risk

    • ✓ Technology adoption curve parameter

    • ✓ Macroeconomic assumptions (GDP growth, inflation, currency)

    • ✓ Competitive dynamics and market entry/exit expectations

  6. 6. Validation & quality assurance

    The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.

    Our triple-layer validation process ensures maximum data reliability:

    • ✓ Statistical Validation

    • ✓ Expert Validation

    • ✓ Market Reality Check

Trust & credibility

10+
Years in Service
Consistent delivery since establishment
A+
BBB Accreditation
Professional standards & satisfaction
ISO
Certified Quality
ISO 9001-2015 Certified Company
150+
Research Analysts
Across 20+ industry verticals
95%
Client Retention
5-year relationship value

Verified data sources

  • Trade publications

    Industry journals, trade publications, and specialized media.

  • Industry databases

    Proprietary and third-party market databases

  • Regulatory filings

    Government procurement records and policy documents

  • Academic research

    University studies and specialist institution reports

  • Company reports

    Annual reports, investor presentations, and filings

  • Expert interviews

    C-suite, procurement leads, and technical specialists

  • GMI archive

    13,000+ published studies across 20+ industry verticals

  • Trade data

    Import/export volumes, HS codes, and customs records

Parameters studied & evaluated

Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →

Authors:  Preeti Wadhwani, Manish Verma

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