Rail Freight Market Growth Analysis | Low cost of rail freight to drive growth

Trends, Drivers and Vendor Forecasts for 2022-2026

Accelerating at a CAGR of 2.15%, the rail freight market is expected to post an incremental growth of $ 29.29 billion over the next five years. BNSF Railway Co., Brookfield Business Partners L.P., Canadian National Railway Co., Canadian Pacific Railway Ltd., Colas SA, CSX Corp., Dassault Systemes SE, Deutsche Post AG, SNTFM CFR Marfa SA, and WSP Global Inc. are among the key market players.

The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. In addition, our report offers a deep understanding of the key market players and their product portfolios. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.

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Rail Freight Market: Market Segments and Key Trends

The Rail freight market is segmented by Geography (APAC, Europe, North America, MEA, and South America). APAC led the market with 34% of the market growth set to originate from this region during the forecast period. China, India, and Japan are the key markets for rail freight in APAC. Market growth in this region will be faster than the growth of the market in North America owing to increase in cross-border trade.

Increasing maintenance expenses will be one of the challenges that will need to be overcome to drive growth. However, that is true of all segments and have to be mitigated through smart business practices. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.

Rail Freight Market: Top Drivers to Boost Demand

Low cost of rail freight is one of the primary factors driving the growth of the rail freight market. The transportation cost of goods to far-off places through airfreight is higher than rail freight. Fuel surcharges, transportation costs, labor and handling expenses, customs brokerage, and landing charges are some of the major components of airfreight costs. 

The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional insights on this market: Download FREE Sample Report. 

Key Focus Areas in Our Reports:

• Rail Freight Market Split by Geography
  • APAC
  • Europe
  • North America
  • MEA
  • South America

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Competitive scenario
• Vendor landscape
• Landscape disruption

Vendor Analysis

• BNSF Railway Co.
• Brookfield Business Partners L.P.
• Canadian National Railway Co.
• Canadian Pacific Railway Ltd.
• Colas SA
• CSX Corp.
• Dassault Systemes SE
• Deutsche Post AG
• SNTFM CFR Marfa SA
• WSP Global Inc.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market will accelerate at a CAGR of 2.15%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 29.29 bn through 2022-2026.
    
3. What is a key factor driving this market?
   Low cost of rail freight will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   34% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are BNSF Railway Co., Brookfield Business Partners L.P., Canadian National Railway Co., Canadian Pacific Railway Ltd., Colas SA, CSX Corp., Dassault Systemes SE, Deutsche Post AG, SNTFM CFR Marfa SA, and WSP Global Inc.
    
7. What are the market segments covered in this report?
   The market is segmented by Geography (APAC, Europe, North America, MEA, and South America)