Rail Logistics Market By Type (Intermodals, Tank Wagons, Freight Cars), By Operational Area (Domestic, International), By End-Use Industry (Healthcare, Manufacturing, Telecommunication, Retail, Technology, Trade and Transportation, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
Rail logistics transport is a means of transferring goods on wheeled vehicles running on rails, which are located on tracks. It is one of the most important, commonly used, and cost-effective modes of commuting & goods carriage over long as well as short distances. Rail has emerged as one of the most dependable modes of transport in terms of safety. Trains are fast and the least affected by usual weather turbulences, such as rain or fog, as compared to other transport mechanisms. In addition, rail transport is better organized than any other medium of transport. It has fixed routes and schedules. Moreover, its services are more certain, uniform, and regular as compared to other modes of transport.
Top chemical companies are signing long term agreements for adoption of railways as their primary means of transportation, which in turn is anticipated to propel the market growth for this segment. For instance, in July, 2020, Sadara Chemical Co., a chemical company has signed a 25 year contract for using Saudi Railway Co. as its primary means of transportation for liquid and solid products as well as containers.
The growth of the global rail logistics market has propelled due to increase in allocation of budget for development of railways and rise in demand for secure, safer, & efficient transport system. However, restrictions associated with cross border freight transport is the factor that hampers the growth of the market. Furthermore, surge in development & testing of autonomous train, and increase in industrial & mining activities are the factors expected to offer growth opportunities during the forecast period.
The rail logistics market is segmented on the basis of type, operational area, end-use industry, and region. By type, it is fragmented into intermodals, tank wagons, and freight cars. By operational area, it is classified into domestic and international. By on end-use industry, it is categorized into healthcare, manufacturing, telecommunication, retail, technology, trade and transportation, and others. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the rail logistics market analysis from 2021 to 2031 to identify the prevailing rail logistics market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the rail logistics market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global rail logistics market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Intermodals
Tank Wagons
Freight Cars
By Operational Area
Domestic
International
By End-Use Industry
Healthcare
Manufacturing
Telecommunication
Retail
Technology
Trade and Transportation
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
France
Germany
Italy
Rest Of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest Of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
United Parcel Service Inc.
A.P. Moller – Maersk A/S
FedEx Corporation
Kuehne + Nagel International AG
Nippon Express Co., Ltd.
DSV A/S
Deutsche Bahn AG
CEVA Logistics
C.H. Robinson Worldwide, Inc.
Geodis Group
DB Schenker
Deutsche Post DHL Group
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