Rail Freight Market Size, Status and Business Scenario 2021- Latvijas Dzelzceļš VAS (Latvian Railways), RheinCargo GmbH and Co. KG, Deutsche Bahn AG, LINEAS

Rail Freight Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.

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Rail Freight Market was valued at USD 247.39 billion in 2020, and it is expected to register a CAGR of about 2% during the forecast period, 2021-2026.

Markets Segmentation:

Top leading Companies Profiled in Rail Freight Market Report are ČD Cargo A.S, Latvijas Dzelzceļš VAS (Latvian Railways), RheinCargo GmbH and Co. KG, Deutsche Bahn AG, LINEAS, Polskie Koleje Państwowe SA (PKP), Rail Cargo Group, Železničná spoločnosť Cargo Slovakia AS (ZSSK Cargo), CTL Logistics Group, SNTFM CFR Marfă SA, SNCF Mobilités Group, Freightliner Group

News and Updates

Goyal launches portal to promote railways’ freight business- Railway Minister Piyush Goyal launched an exclusive portal to promote and develop the railways’ freight business on January 5.

Norway launches measures to boost rail freight- NORWAY will invest NKr 1bn ($US 76m) over the next two years in a package of measures designed to improve the competitiveness of railfreight, under a programme outlined by infrastructure manager Jernbaneverket on December 17.

Market Overview

If a company ships 750 containers per year, with an average cargo value of EUR 250 000 per container and a financial cost of 5% PA, the daily interest cost is EUR 37.52 per container. Shipping goods door-to-door from China to Europe by rail typically takes about 25 days, compared to the sea, which typically takes about 42 days. This means a saving in interest cost of EUR 708 per container or EUR 531,165 per year for all 750 containers. This is money that can be used to cover extra costs and create a more agile supply chain, which can also have an additional positive impact on cost parameters and capital binding.

Railway transportation costs are lower. The cost of railway transportation is only one-tenth of the cost of automobile transportation; transportation fuel consumption is about one-twentieth of automobile transportation.

Southeast Asia is the major driver for rail freight movement across the region, which is a result of a significant improvement in the business climate in most ASEAN countries over the last decade. The China-Laos railway, the launch of Laos' first satellite, hydropower developments, and other projects funded by China have helped promote connectivity between the two nations. Agriculture is seen as an important sector to bolster Lao exports to China, especially bananas, rubber, fertilizer, cassava, and corn. Vietnam, the Philippines, and Indonesia are among the fastest-growing countries in the region.

Market Segmented By Types

Containerized

Non - containerized

Liquid Bulk

Market Segmented By Applications

Transportation

Services Allied to Transportation (Maintenance of Railcars and Rail Tracks, Switching of Cargo, Storage, etc.)

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Rail Freight Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Rail Freight market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Rail Freight market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Rail Freight

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In conclusion, the Rail Freight market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Rail Freight Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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