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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

Research Methodology: Rail Freight Transportation Market - Global Market Assessment, 2021 - 2028

Rail Freight Transportation Market study involves the combination of secondary and primary research for data collection and utilizes a robust and veracious methodology to attain results on quantitative and qualitative analysis for specific market research studies. Moreover, Vantage Market Research utilizes tried and tested approaches to arrive at market-related projections. The research methodology is based on the 3-dimensional model consisting of 3 phases namely: Secondary Research, Primary Research, and Data Triangulation. After the exhaustive secondary research, the procured information is revalidated through primary research. 

Secondary Research

Primary Research:

The primary research was conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills data requirements pertaining to first-hand information on global market size, regional and segmental trends, competitive landscape expertise development, and market understandings among others. 

Data Triangulation and Market Size Estimations

Top-down and bottom-up approaches are used to validate and estimate the market size of the Rail Freight Transportation market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. The data was triangulated by employing various data models and statistical techniques to arrive at exact statics and market size for each segment/sub-segment of the market.  Moreover, region-wise product mapping analysis was used to gain some more insights on the competitive trend in the global Rail Freight Transportation market.

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.