Rail Freight Transportation Market
Rail Freight Transportation Market Global Industry Assessment & Forecast
#
Pages:
155
2021
Nov - 2021
VMR-2021-0331
Segments Covered
By
Type Tank Wagons, Freight Cars, Intermodals
-
By
Application Oil and Gas
Mining Industry
Logistic Industry, Chemical Industry, Military, Post Service, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
271.87 Billion |
 Revenue 2028:
|
400.3 Billion |
 Revenue CAGR
(2021 - 2028): |
9.9 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Type
Analysis: Preview On the basis of Type,
the market is segmented into Tank Wagons, Freight Cars, Intermodals. Tank Wagons held the highest
share in the global Rail Freight Transportation
market and is projected to witness the same trend during the forecast
period. Companies in this
sector are opting to advanced technologies in their supply chain to cater the
end user requirements effectively. Application
Analysis: Preview
Based on Application,
the market is segmented into Oil and Gas
Mining Industry
Logistic Industry, Chemical Industry, Military, Post Service, Others. Mining accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Rail Freight Transportation Market: Type Segment Analysis
-
- Tank Wagons
- Freight Cars
- Intermodals
Global Rail Freight Transportation Market: Application Segment Analysis
-
- Oil and Gas Mining Industry Logistic Industry
- Chemical Industry
- Military
- Post Service
- Others
FAQ
Frequently Asked Question
What is the global demand for Rail Freight Transportation in terms of revenue?
-
The global Rail Freight Transportation valued at 271.87 Billion in 2020 and is expected to reach 400.3 Billion in 2028 growing at a CAGR of 9.9%.
Which are the prominent players in the market?
-
The prominent players in the market are Kuehne Nagel, SNCF, Colas Rail, Ozark Rail Logistics, Genesee & Wyoming, DB Schenker, PKP Cargo, Deutsche Post DHL Group, CN Railway, China Railway Tielong Container Logistics Company Ltd., CFR Marfa, RSI Logistics, Union Pacific Railroad, SBB Cargo, Tschudi Logistics, CTL Logistics, Deutsche Bahn AG, Japan Freight Railway Company, BNSF, GeoMetrix Rail Logistics, NIPPON EXPRESS, VTG Rail Logistics, Baltic Rail..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 9.9% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Rail Freight Transportation include
- The railway is environment-friendly and influential ways to transport people and goods. Railways are the most active centers of carrier, which can carry tons of weight with less expense and in less time. Railway improves the growth of the rail freight transportation market. This is driving factor for Rail Freight Transportation Market.
- Railway transportation costs are lower. The cost of railway transportation is only one-tenth of the cost of automobile transportation; transportation fuel consumption is about one-twentieth of automobile transportation. This is another driving factor for Rail Freight Transportation Market.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Rail Freight Transportation in 2020.
