North America Rail Freight Transportation Market 2023-2027

Rail Freight Transportation Market in North America 2023-2027

Technavio has been monitoring the rail freight transportation market in North America and is forecast to decline by $ 42.88 bn during 2022-2027, decelerating at a CAGR of 7.47% during the forecast period. Our report on the rail freight transportation market in North America 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 low transportation cost of freight, increasing investments in rail transportation, and increase in cross-border trades.

Technavio's rail freight transportation market in North America is segmented as below:

By End-user

  • Petroleum and chemical
  • Coal
  • Metals and minerals
  • Agriculture products
  • Others
By Mode of Transportation
  • Freight cars
  • Tank wagons
  • Intermodals
By Geography
  • US
  • Canada
  • Mexico
This study identifies the increasing use of artificial intelligence (AI) in rail infrastructure technology as one of the prime reasons driving the rail freight transportation market growth during the next few years. Also, increasing demand for freight rail network and increasing investment in high-speed rail links will lead to sizable demand in the market.

Technavio 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. Our report on the rail freight transportation market in North America covers the following areas:
  • Rail freight transportation market sizing
  • Rail freight transportation market forecast
  • Rail freight transportation market analysis
Technavio's 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 rail freight transportation market vendors that include Berkshire Hathaway Inc., Brookfield Business Partners LP, Canadian National Railway Co., Canadian Pacific Railway Ltd., CSX Corp., DB Schenker, Deutsche Post AG, DSV AS, GeoMetrix Rail Logistics Inc., Grupo Mexico SAB de CV, Harsco Corp., Hub Group Inc., Kerry Logistics Network Ltd., Norfolk Southern Corp., Patriot Rail Co., RSI Logistics Inc., Union Pacific Corp., United Parcel Service Inc., VIA Rail Canada Inc., and WSP Global Inc. Also, the rail freight transportation market in North America 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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Country Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by End-user
      • Table Executive Summary – Chart on Market Segmentation by Mode of Transportation
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Regional - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on North America: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Regional - Market size and forecast 2022-2027 ($ billion)
  • Historic Market Size
    • Rail freight transportation market in North America 2017 - 2021
      • Table Historic Market Size – Data table on rail freight transportation market in North America 2017 - 2021 ($ billion)
    • End-user Segment Analysis 2017 - 2021
      • Table Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
    • Mode of Transportation Segment Analysis 2017 - 2021
      • Table Historic Market Size – Mode of Transportation Segment 2017 - 2021 ($ billion)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size – Country Segment 2017 - 2021 ($ billion)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2022-2027 (%)
      • Table Data Table on End-user - Market share 2022-2027 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Petroleum and chemical - Market size and forecast 2022- 2027
      • Table Chart on Petroleum and chemical - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Petroleum and chemical - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Petroleum and chemical - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Petroleum and chemical - Year-over-year growth 2022-2027 (%)
    • Coal - Market size and forecast 2022-2027
      • Table Chart on Coal - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Coal - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Coal - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Coal - Year-over-year growth 2022-2027 (%)
    • Metals and minerals - Market size and forecast 2022- 2027
      • Table Chart on Metals and minerals - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Metals and minerals - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Metals and minerals - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Metals and minerals - Year-over-year growth 2022-2027 (%)
    • Agriculture products - Market size and forecast 2022- 2027
      • Table Chart on Agriculture products - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Agriculture products - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Agriculture products - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Agriculture products - Year-over-year growth 2022-2027 (%)
    • Others - Market size and forecast 2022-2027
      • Table Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Others - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Others - Year-over-year growth 2022-2027 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user ($ billion)
      • Table Data Table on Market opportunity by End-user ($ billion)
  • Market Segmentation by Mode of Transportation
    • Market segments
      • Table Chart on Mode of Transportation - Market share 2022-2027 (%)
      • Table Data Table on Mode of Transportation - Market share 2022-2027 (%)
    • Comparison by Mode of Transportation
      • Table Chart on Comparison by Mode of Transportation
      • Table Data Table on Comparison by Mode of Transportation
    • Freight cars - Market size and forecast 2022-2027
      • Table Chart on Freight cars - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Freight cars - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Freight cars - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Freight cars - Year-over-year growth 2022-2027 (%)
    • Tank wagons - Market size and forecast 2022-2027
      • Table Chart on Tank wagons - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Tank wagons - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Tank wagons - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Tank wagons - Year-over-year growth 2022-2027 (%)
    • Intermodals - Market size and forecast 2022-2027
      • Table Chart on Intermodals - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Intermodals - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Intermodals - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Intermodals - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Mode of Transportation
      • Table Market opportunity by Mode of Transportation ($ billion)
      • Table Data Table on Market opportunity by Mode of Transportation ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography - 2022-2027 (%)
      • Table Data Table on Market share by geography - 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • Canada - Market size and forecast 2022-2027
      • Table Chart on Canada - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • Mexico - Market size and forecast 2022-2027
      • Table Chart on Mexico - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Mexico - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Mexico - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Mexico - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
      • Table Data Table on Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Low transportation cost of freight
      • Increasing investments in rail transportation
      • Increase in cross-border trades
    • Market challenges
      • Growing competition from alternate freight services
      • Increasing maintenance and repair costs
      • Interoperability issues
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Increasing use of artificial intelligence (AI) in rail infrastructure technology
      • Increasing demand for freight rail network
      • Increasing investment in high-speed rail links
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Berkshire Hathaway Inc.
      • Table Berkshire Hathaway Inc. - Overview
      • Table Berkshire Hathaway Inc. - Business segments
      • Table Berkshire Hathaway Inc. - Key news
      • Table Berkshire Hathaway Inc. - Key offerings
      • Table Berkshire Hathaway Inc. - Segment focus
    • Brookfield Business Partners LP
      • Table Brookfield Business Partners LP - Overview
      • Table Brookfield Business Partners LP - Business segments
      • Table Brookfield Business Partners LP - Key offerings
      • Table Brookfield Business Partners LP - Segment focus
    • Canadian National Railway Co.
      • Table Canadian National Railway Co. - Overview
      • Table Canadian National Railway Co. - Product / Service
      • Table Canadian National Railway Co. - Key offerings
    • Canadian Pacific Railway Ltd.
      • Table Canadian Pacific Railway Ltd. - Overview
      • Table Canadian Pacific Railway Ltd. - Product / Service
      • Table Canadian Pacific Railway Ltd. - Key offerings
    • CSX Corp.
      • Table CSX Corp. - Overview
      • Table CSX Corp. - Product / Service
      • Table CSX Corp. - Key offerings
    • DB Schenker
      • Table DB Schenker - Overview
      • Table DB Schenker - Business segments
      • Table DB Schenker - Key offerings
      • Table DB Schenker - Segment focus
    • Deutsche Post AG
      • Table Deutsche Post AG - Overview
      • Table Deutsche Post AG - Product / Service
      • Table Deutsche Post AG - Key news
      • Table Deutsche Post AG - Key offerings
    • GeoMetrix Rail Logistics Inc.
      • Table GeoMetrix Rail Logistics Inc. - Overview
      • Table GeoMetrix Rail Logistics Inc. - Product / Service
      • Table GeoMetrix Rail Logistics Inc. - Key offerings
    • Grupo Mexico SAB de CV
      • Table Grupo Mexico SAB de CV - Overview
      • Table Grupo Mexico SAB de CV - Business segments
      • Table Grupo Mexico SAB de CV - Key offerings
      • Table Grupo Mexico SAB de CV - Segment focus
    • Hub Group Inc.
      • Table Hub Group Inc. - Overview
      • Table Hub Group Inc. - Product / Service
      • Table Hub Group Inc. - Key offerings
    • Norfolk Southern Corp.
      • Table Norfolk Southern Corp. - Overview
      • Table Norfolk Southern Corp. - Business segments
      • Table Norfolk Southern Corp. - Key offerings
      • Table Norfolk Southern Corp. - Segment focus
    • Patriot Rail Co.
      • Table Patriot Rail Co. - Overview
      • Table Patriot Rail Co. - Product / Service
      • Table Patriot Rail Co. - Key offerings
    • RSI Logistics Inc.
      • Table RSI Logistics Inc. - Overview
      • Table RSI Logistics Inc. - Product / Service
      • Table RSI Logistics Inc. - Key offerings
    • Union Pacific Corp.
      • Table Union Pacific Corp. - Overview
      • Table Union Pacific Corp. - Product / Service
      • Table Union Pacific Corp. - Key offerings
    • VIA Rail Canada Inc.
      • Table VIA Rail Canada Inc. - Overview
      • Table VIA Rail Canada Inc. - Product / Service
      • Table VIA Rail Canada Inc. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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