Market Overview:
The global freight cars leasing market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for freight cars from various end-use industries. The global freight cars leasing market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into boxcars, open-top cars, covered hoppers and others. The covered hoppers segment is expected to account for a major share in terms of revenue in 2018 owing to their growing demand from steel & mining and food & agriculture industries across regions. On the basis of application, energy & coal industry accounted for a major share in terms of revenue in 2017 due to an increase in production activities across countries such as China and India. However, over time there has been an increase in production activities across other sectors such as aggregates & construction which are likely to witness high growth rates during forecast period thereby registering highest CAGR among all applications segments during forecast period (2018-2030).
Product Definition:
Freight cars leasing is a process of renting freight cars from a leasing company. This is important for companies that need to transport goods but do not have the necessary equipment or vehicles to do so. Leasing companies can provide both short-term and long-term rentals, and they often have a variety of different types of freight cars available. This allows businesses to find the right option for their specific needs, whether they are transporting large or small shipments.
Boxcars:
Boxcars are used to haul freight in intermodal and bulk modes. They can be used for the transportation of goods in various modes including road, rail, air and seaway. The growth factor for boxcars is determined by the demand from end-use industries such as manufacturing, construction & mining or automotive industry. In addition to this factors such as government initiatives towards infrastructure development plays a major role in determining market growth over the forecast period.
Open-top Cars:
Open-top cars are used to transport goods in freight cars leasing. The top of the car is usually closed, and it has loading or unloading platforms at both ends. Open-top cars can be used for transportation of goods across countrysides, cities & towns, or between different parts of a city. They are generally smaller than standard boxcars and have lower load capacities.
Application Insights:
The energy and coal segment accounted for the largest revenue share of over 30% in 2017. The growth can be attributed to the increasing demand for coal across various regions, including Asia Pacific, North America and Europe. Moreover, growing investments in renewable energy projects are expected to boost the demand for freight cars with carrying capacity suitable for long-distance transports of bulk power generation equipment overland from Central & South American countries such as Brazil to Mexico City.
The steel and mining application segment is projected register a CAGR exceeding 4% from 2018 to 2030 owing to an increase in global steel production coupled with rising requirement of freight cars by iron ore producers such as Vale SA (Brazil), BHP Billiton Ltd (Australia) and Rio Tinto Group Ltd (Uruguay). Furthermore, steady growth in construction activities across developing economies is anticipated fuel industry expansion during the forecast period.
Regional Analysis:
North America dominated the global freight cars leasing market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments in rail infrastructure and growing demand for intermodal freight transport services, thereby creating opportunities for industry participants over the next few years.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising industrialization and urbanization, coupled with increasing trade activities across emerging economies such as China and India. In addition, improving economic conditions are likely to contribute toward higher volumes of transported goods within regional markets, which will further drive demand for efficient transportation solutions including railcars on a domestic level by providing cost-effective alternatives that meet customer requirements at a reasonable price point while maintaining financial stability throughout the term of contract agreement.
Growth Factors:
- Increasing demand for freight cars from the manufacturing and logistics sector
- Rising investment in infrastructure development projects across the globe
- Proliferation of rail networks and increasing preference for freight cars over other modes of transportation
- Technological advancements in freight car design and manufacturing processes
- Growing awareness about the benefits of leasing freight cars among businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Freight Cars Leasing Market Research Report
By Type
Boxcars, Open-top Cars, Covered Hoppers, Others
By Application
Energy and Coal, Steel & Mining, Food & Agriculture, Aggregates & Construction, Others
By Companies
Wells Fargo, GATX, Union Tank Car, CIT, VTG, Trinity, Ermewa, SMBC (ARI), BRUNSWICK Rail, Mitsui Rail Capital, Andersons, Touax Group, Chicago Freight Car Leasing, The Greenbrier Companies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Freight Cars Leasing Market Report Segments:
The global Freight Cars Leasing market is segmented on the basis of:
Types
Boxcars, Open-top Cars, Covered Hoppers, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Energy and Coal, Steel & Mining, Food & Agriculture, Aggregates & Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wells Fargo
- GATX
- Union Tank Car
- CIT
- VTG
- Trinity
- Ermewa
- SMBC (ARI)
- BRUNSWICK Rail
- Mitsui Rail Capital
- Andersons
- Touax Group
- Chicago Freight Car Leasing
- The Greenbrier Companies
Highlights of The Freight Cars Leasing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Boxcars
- Open-top Cars
- Covered Hoppers
- Others
- By Application:
- Energy and Coal
- Steel & Mining
- Food & Agriculture
- Aggregates & Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Freight Cars Leasing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Freight Cars Leasing is a leasing company that specializes in providing trucks and trailers to businesses. They offer a variety of services, including truck rentals, trailer rentals, and freight car leasing.
Some of the key players operating in the freight cars leasing market are Wells Fargo, GATX, Union Tank Car, CIT, VTG, Trinity, Ermewa, SMBC (ARI), BRUNSWICK Rail, Mitsui Rail Capital, Andersons, Touax Group, Chicago Freight Car Leasing, The Greenbrier Companies.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Freight Cars Leasing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Freight Cars Leasing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Freight Cars Leasing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Freight Cars Leasing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Freight Cars Leasing Market Size & Forecast, 2018-2028
4.5.1 Freight Cars Leasing Market Size and Y-o-Y Growth
4.5.2 Freight Cars Leasing Market Absolute $ Opportunity
Chapter 5 Global Freight Cars Leasing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Freight Cars Leasing Market Size Forecast by Type
5.2.1 Boxcars
5.2.2 Open-top Cars
5.2.3 Covered Hoppers
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Freight Cars Leasing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Freight Cars Leasing Market Size Forecast by Applications
6.2.1 Energy and Coal
6.2.2 Steel & Mining
6.2.3 Food & Agriculture
6.2.4 Aggregates & Construction
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Freight Cars Leasing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Freight Cars Leasing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Freight Cars Leasing Analysis and Forecast
9.1 Introduction
9.2 North America Freight Cars Leasing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Freight Cars Leasing Market Size Forecast by Type
9.6.1 Boxcars
9.6.2 Open-top Cars
9.6.3 Covered Hoppers
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Freight Cars Leasing Market Size Forecast by Applications
9.10.1 Energy and Coal
9.10.2 Steel & Mining
9.10.3 Food & Agriculture
9.10.4 Aggregates & Construction
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Freight Cars Leasing Analysis and Forecast
10.1 Introduction
10.2 Europe Freight Cars Leasing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Freight Cars Leasing Market Size Forecast by Type
10.6.1 Boxcars
10.6.2 Open-top Cars
10.6.3 Covered Hoppers
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Freight Cars Leasing Market Size Forecast by Applications
10.10.1 Energy and Coal
10.10.2 Steel & Mining
10.10.3 Food & Agriculture
10.10.4 Aggregates & Construction
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Freight Cars Leasing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Freight Cars Leasing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Freight Cars Leasing Market Size Forecast by Type
11.6.1 Boxcars
11.6.2 Open-top Cars
11.6.3 Covered Hoppers
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Freight Cars Leasing Market Size Forecast by Applications
11.10.1 Energy and Coal
11.10.2 Steel & Mining
11.10.3 Food & Agriculture
11.10.4 Aggregates & Construction
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Freight Cars Leasing Analysis and Forecast
12.1 Introduction
12.2 Latin America Freight Cars Leasing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Freight Cars Leasing Market Size Forecast by Type
12.6.1 Boxcars
12.6.2 Open-top Cars
12.6.3 Covered Hoppers
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Freight Cars Leasing Market Size Forecast by Applications
12.10.1 Energy and Coal
12.10.2 Steel & Mining
12.10.3 Food & Agriculture
12.10.4 Aggregates & Construction
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Freight Cars Leasing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Freight Cars Leasing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Freight Cars Leasing Market Size Forecast by Type
13.6.1 Boxcars
13.6.2 Open-top Cars
13.6.3 Covered Hoppers
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Freight Cars Leasing Market Size Forecast by Applications
13.10.1 Energy and Coal
13.10.2 Steel & Mining
13.10.3 Food & Agriculture
13.10.4 Aggregates & Construction
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Freight Cars Leasing Market: Competitive Dashboard
14.2 Global Freight Cars Leasing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wells Fargo
14.3.2 GATX
14.3.3 Union Tank Car
14.3.4 CIT
14.3.5 VTG
14.3.6 Trinity
14.3.7 Ermewa
14.3.8 SMBC (ARI)
14.3.9 BRUNSWICK Rail
14.3.10 Mitsui Rail Capital
14.3.11 Andersons
14.3.12 Touax Group
14.3.13 Chicago Freight Car Leasing
14.3.14 The Greenbrier Companies
