Press release
Rail Freight Market Growth Opportunities, Driving Factors by Manufacturers, Regions, Type and Application, Forecast Analysis to 2025
Rail Freight transportation is the carriage of goods from a point of loading, or goods station, to a point of unloading, again a station capable of handling the loading and unloading of the goods carried. These goods are generally heavy in bulk and of low value in relation to their bulk. Examples include coal, building materials, iron and steel. Freight rail companies’ customers are mainly businesses in the heavy industry sector such as manufacturing, mining, oil and gas or logistics companies.Tracking and tracing systems of rail freight using GPS and GSM helps the transportation organizations to overcome the rail freight transportation drawbacks such as lost and theft. It provides full-fledged security and monetarization of freights and more effective and efficient freight transportation over short distances for smaller loads. ViWaS project equipped with smart telematics systems in Europe has introduced tracking technology in rail freight.
In 2017, the global Rail Freight market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
This report focuses on the global Rail Freight status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Rail Freight development in United States, Europe and China.
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The key players covered in this study
CN Railway
SBB Cargo
SNCF
DB Schenker
Market segment by Type, the product can be split into
Long-Distance
Short-Distance
Market segment by Application, split into
Intermodals
Tank Wagons
Freight Cars
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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