Seamless Journeys: Global Multimodal Transportation Market Surges to USD 41.2 Billion in 2022, with a Steady CAGR of 9.2% from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Multimodal Transportation market size accounted for USD 41.2 Billion in 2022, growing at a CAGR of 9.2% from 2023 to 2033. The multimodal transportation market refers to the global market for the movement of goods and passengers using multiple modes of transportation, such as road, rail, air, and sea. Multimodal transportation offers the flexibility to choose the most efficient and cost-effective combination of transportation modes based on the specific requirements of cargo and passengers. The market is driven by factors such as globalization, increasing trade activities, and the need for efficient logistics and supply chain management. Multimodal transportation provides advantages such as reduced transportation costs, improved transit times, enhanced security, and lower environmental impact.
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Key Highlights:
• The global Multimodal Transportation Market size was valued at USD 41.2 billion in 2022 growing at a CAGR of 9.2% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Multimodal Transportation Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Multimodal Transportation market report also includes the following data points:
• COVID19 Impact on Multimodal Transportation market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Multimodal Transportation market
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Key Players
Some of the major Multimodal Transportation players holding high market share include BDP International Inc, CH Robinson Worldwide Inc, Crowley Maritime Corporation and Deutsche Post DHL Group. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• BDP International Inc
• CH Robinson Worldwide Inc
• Crowley Maritime Corporation
• Deutsche Post DHL Group
• Kuehne + Nagel International AG
• MARUBENI LOGISTICS Corporation
• Mitsubishi Logistics Corporation
• Schenker AG
• YUSEN LOGISTICS Co Ltd.
• Transport Maritime et Transit USA Inc.
Segmental Analysis
Market Segment By Solutions with focus on market share, consumption trend, and growth rate of Multimodal Transportation Market:
o Supply Chain
o Cargo
o Carriage
o Truck Load
o Courier Service
o Shipping
Market Segment By Transportation with focus on market share, consumption trend, and growth rate of Multimodal Transportation Market:
o Railroad
o Road-Water
o Road-Air
o Others
Parameters Details
Market Size (2022) $ 41.2 Billion
CAGR (2023 to 2033) 9.2%
Market Segmentation Solution, transport
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Multimodal Transportation Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence providesan understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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