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Rail Freight Transportation Market

Rail Freight Transportation Market

Rail Freight Transportation Market Global Industry Assessment & Forecast

# Pages:

155

Base Year:

2021

Nov - 2021

Format:

Report Code:

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 YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 271.87 Billion
Revenue 2028Revenue 2028: 400.3 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 9.9
Fastest Growing Region 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
  • The global Rail Freight Transportation valued at 271.87┬áBillion in 2020 and is expected to reach 400.3 Billion in 2028 growing at a CAGR of 9.9%.

  • 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..

  • The market is project to grow at a CAGR of 9.9% between 2021 and 2028.

  • 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.

  • North America was the leading regional segment of the Rail Freight Transportation in 2020.