Market Overview:
The global rail freight market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for rail freight services due to the advantages it offers over other modes of transportation such as road and air. Rail freight services are preferred for long-distance transportation as they are more economical and efficient than other modes of transportation. In addition, rail freight is also being increasingly used for short-distance transport, especially in densely populated areas where traffic congestion is a major issue. The logistic segment accounted for the largest share of the global rail freight market in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to the growing demand for fast, reliable, and cost-effective transportation solutions for goods movement across different geographies.
Product Definition:
Rail freight transport is the use of railroads and trains to transport goods and materials. Rail freight involves the transportation of large amounts of cargo over long distances. Trains are a cost-effective way to move large quantities of goods, and they can travel more quickly than trucks on most highways. Rail freight is important for businesses that need to move large quantities of products over long distances.
Long-Distance Freight:
Long-distance freight is the transportation of goods over long distances. The major factor that propels the growth of this market includes globalization and rapid industrialization in emerging economies such as India, China, Brazil, and South Africa. Moreover, increasing trade activities between developed countries such as U.S., Germany and France are expected to fuel demand for long-distance freight services over the forecast period.
Short-Distance Freight:
Short-distance freight (SDF) is the transportation of goods within a distance of 10 to 30 miles. It can be transported using road, rail, air or water. The major application areas include manufacturing and industrial products that are transported from one place to another either by loading them on a truck or by shipping them via boat/ship.
Application Insights:
The other application segment includes food and beverages, medical and pharmaceutical, textiles, consumer goods, retail and e-commerce. Logistic is expected to be the largest segment over the forecast period owing to increasing demand for rail services in urban areas as well as remote locations with low cost efficient logistics solutions.
The post service segment is anticipated to witness significant growth over the forecast period owing to increased use of express delivery services for sending parcels across countries worldwide. The mining industry uses specialized trains known as ore trains that carry extracted minerals from mines to processing plants along with transporting workers at a specific time of day when there is high demand for labor at a particular mine site or during peak hours. These factors are likely drive growth in this segment over the coming years.
Regional Analysis:
Europe dominated the global rail freight market in terms of revenue with a share of over 34.0% in 2017. The growth is majorly attributed to the increasing trade between European countries and Asia Pacific countries, which has resulted into an increase in the number of containers being shipped across these routes. Moreover, technological advancements such as automated train operation for faster transportation are expected to fuel industry expansion over the forecast period.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to increased government spending on infrastructure coupled with rising industrial production and exports from China and India have resulted into an increase in demand for logistics services across these regions thereby fueling industry expansion over past few years.
Growth Factors:
- Increasing demand for goods transportation by rail due to growth in global trade.
- Rising investment in infrastructure development projects across the globe, which is expected to spur demand for rail freight services.
- Proliferation of high-speed railways and increase in the number of dedicated freight corridors, which is likely to boost rail freight traffic volumes over the next few years.
- Growing inclination of shippers towards sustainable and environment-friendly modes of transportation, such as rail transport, which is anticipated to fuel market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rail Freight Market Research Report
By Type
Long-Distance Freight, Short-Distance Freight
By Application
Logistic, Chemical, Post Service, Military, Oil and Gas, Mining Industry, Others
By Companies
CN Railway, SBB Cargo, SNCF, DB Schenker
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Rail Freight Market Report Segments:
The global Rail Freight market is segmented on the basis of:
Types
Long-Distance Freight, Short-Distance Freight
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
Logistic, Chemical, Post Service, Military, Oil and Gas, Mining Industry, 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:
- CN Railway
- SBB Cargo
- SNCF
- DB Schenker
Highlights of The Rail Freight 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:
- Long-Distance Freight
- Short-Distance Freight
- By Application:
- Logistic
- Chemical
- Post Service
- Military
- Oil and Gas
- Mining Industry
- 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 Rail Freight 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?
Rail freight is the transportation of goods by rail.
Some of the key players operating in the rail freight market are CN Railway, SBB Cargo, SNCF, DB Schenker.
The rail freight market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rail Freight 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 Rail Freight Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Rail Freight 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 Rail Freight 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 Rail Freight Market Size & Forecast, 2020-2028 4.5.1 Rail Freight Market Size and Y-o-Y Growth 4.5.2 Rail Freight Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Long-Distance Freight
5.2.2 Short-Distance Freight
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Logistic
6.2.2 Chemical
6.2.3 Post Service
6.2.4 Military
6.2.5 Oil and Gas
6.2.6 Mining Industry
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rail Freight 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 Rail Freight 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Long-Distance Freight
9.6.2 Short-Distance Freight
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 Market Size Forecast by Applications
9.10.1 Logistic
9.10.2 Chemical
9.10.3 Post Service
9.10.4 Military
9.10.5 Oil and Gas
9.10.6 Mining Industry
9.10.7 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Long-Distance Freight
10.6.2 Short-Distance Freight
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 Market Size Forecast by Applications
10.10.1 Logistic
10.10.2 Chemical
10.10.3 Post Service
10.10.4 Military
10.10.5 Oil and Gas
10.10.6 Mining Industry
10.10.7 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Long-Distance Freight
11.6.2 Short-Distance Freight
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 Market Size Forecast by Applications
11.10.1 Logistic
11.10.2 Chemical
11.10.3 Post Service
11.10.4 Military
11.10.5 Oil and Gas
11.10.6 Mining Industry
11.10.7 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Long-Distance Freight
12.6.2 Short-Distance Freight
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 Market Size Forecast by Applications
12.10.1 Logistic
12.10.2 Chemical
12.10.3 Post Service
12.10.4 Military
12.10.5 Oil and Gas
12.10.6 Mining Industry
12.10.7 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Long-Distance Freight
13.6.2 Short-Distance Freight
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) Market Size Forecast by Applications
13.10.1 Logistic
13.10.2 Chemical
13.10.3 Post Service
13.10.4 Military
13.10.5 Oil and Gas
13.10.6 Mining Industry
13.10.7 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 Rail Freight Market: Competitive Dashboard
14.2 Global Rail Freight Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CN Railway
14.3.2 SBB Cargo
14.3.3 SNCF
14.3.4 DB Schenker