Global Intermodal Freight Transportation Market 2024-2028
The intermodal freight transportation market is forecasted to grow by USD 62 bn during 2023-2028, accelerating at a CAGR of 6.88% during the forecast period. The report on the intermodal freight transportation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by reduced freight transportation costs with intermodal services, ease in management of supply chain with intermodal services, and increasing free trade agreements.
Technavio's intermodal freight transportation market is segmented as below:
By Mode Of Transportation
- Rail transport
- Road transport
- Sea transport
By Product
- Minerals and ores
- Food and farm products
- Equipment and instruments
- Chemicals
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the growing popularity of multimodal transportation as one of the prime reasons driving the intermodal freight transportation market growth during the next few years. Also, rising popularity of geospatial intermodal freight transportation and increasing use of electronic logging devices will lead to sizable demand in the market.
The report on the intermodal freight transportation market covers the following areas:
- Intermodal freight transportation market sizing
- Intermodal freight transportation market forecast
- Intermodal freight transportation market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading intermodal freight transportation market vendors that include AP Moller Maersk AS, BDP International Inc., C H Robinson Worldwide Inc., Convoy Inc., CSX Corp., Deutsche Bahn AG, Deutsche Post AG, Elemica Inc., Hapag Lloyd AG, J B Hunt Transport Services Inc., Koerber AG, Kuehne Nagel Management AG, Lynden Inc., MARTEN TRANSPORT LTD., Trimble Inc., Uber Technologies Inc., United Parcel Service Inc., WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP., WiseTech Global Ltd., and XPO Inc.. Also, the intermodal freight transportation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.