Press release
Rail Freight Market Research Report 2020-30: Covid 19 Impact And Future Scope Analysis With Key Players CN Railway, SBB Cargo, SNCF
The Business Research Company offers “Rail Freight Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global rail freight market is expected to decline from $97.3 billion in 2019 to $94.9 billion in 2020 at a compound annual growth rate (CAGR) of -2.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $114.3 billion in 2023.
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The rail freight transportation market consists of sales of rail freight transportation services by entities (organizations, sole traders and partnerships) that provide 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.
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.
Rail Freight Market Segmentation: -
By Type
1) Intermodals
2) Tank Wagons
3) Freight Cars
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Rail Freight Market Characteristics
4. Rail Freight Market Product Analysis
5. Rail Freight Market Supply Chain
………………
19. Rail Freight Market Competitive Landscape
20. Key Mergers And Acquisitions In The Rail Freight Market
21. Market Background: Rail Transportation Market
22. Recommendations
23. Appendix
The report covers the trends and market dynamics of the rail freight market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the rail freight market are CN Railway, SBB Cargo, SNCF, DB Schenker, Duetsche Bahn AG
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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