Press release
Intermodal Transportation Market is Expected to Reach The Value of USD 73450.53 Million by 2029
In this swiftly revolutionizing industry, market research or secondary research is the best approach to collect the information quickly and hence Global Intermodal Transportation Market research report is vital. This market report has been prepared with the combination of steps which employs a nice blend of industry insights, practical solutions, and latest tools and technologies. The report aids in identifying and analysing the rising trends along with major drivers, inhibitors, challenges and opportunities in the market. SWOT analysis and Porter's Five Forces Analysis are the two constantly and favorably used tools for structuring the world class market report.The market analysis and insights covered in the persuasive Intermodal Transportation market research report provides key statistics on the market status of global and regional manufacturers and is an important source of guidance which gives proper direction to the companies and individuals interested in the industry. Deadline driven generation of report, commitment for the quality and transparency in research method are few of the features with which Intermodal Transportation report can be referred confidently. Achieving maximum return on investment (ROI) is one of the most aspiring goals for any industry which can be achieved with the greatest market research report.
The increased growth of domestic intermodal transports, increasing need of safe, reliable and efficient transportation systems, favorable trade policies, and containerization permitting easy handling of goods are some factors that will accelerate the growth of the intermodal transportation market. As a result, the intermodal transportation market will further propel over the forecast period.
Global intermodal transportation market was valued at USD 25390.20 million in 2021 and is expected to reach USD 73450.53 million by 2029, registering a CAGR of 14.20% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
The intermodal transportation refers to the freight movement of the transport from A point to B point by using several means or modes. Each of these means of transport are associated with a unique supplier and thus an individual contractor as well by the variation in the methods such as train, plane, truck, ships, boats and others. These help in initiating enhanced supply of the goods by the various industries. Thus, the market is projected to show a significant growth over the forecasted period.
Drivers
Accelerating shift towards sustainable operations
The organizations recently have been concerned for their sustainability goals across the globe. The rising need to reduce the carbon emissions and footprints are also on high rise. Rapid changes in consumer behavior can be seen in terms of increased environmental consciousness which is also prevailing in the supply chain segments of the organizations and various end-users. Therefore, implementing intermodal transportation solutions will further propel the market's growth by efficient and safe supply of the goods.
Surging need for efficient intermodal transportation system
The governments around the world have played a significant role in the business through rules and programmes aimed at deploying transportation services as a substantial component of their infrastructure. In the intermodal transportation market, the developing nations have been deployed by various transporting vehicles such as trains, cargo and others to supply raw materials and finished goods for various end-user industries. Additionally, governments of developing nations like China, South Korea, Dubai, India, Singapore, and Japan aim for the economic growth of their nations. Therefore, the market is largely accelerating owing to the global demand for efficient intermodal transportation systems.
Global Intermodal Transportation Market: Competitive Analysis
This report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies. The competitive analysis helps the vendor to define an alignment or fit between their capabilities and opportunities for future growth prospects.
The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Intermodal Transportation Market including Deutsche Post AG (Germany), DB Schenker (Germany), FedEx (U.S.), DSV (Denmark), YUSEN LOGISTICS CO., LTD. (Japan), Kuehne+Nagel (Switzerland), XPO Logistics, Inc. (U.S.), Evans Delivery Company, Inc. (U.S.), Hub Group, Inc. (U.S.), Swift Transportation Company (U.S.), GENERAL ELECTRIC (U.S.), HighJump. (U.S.), TMW Unlimited (U.K.), Trinium Technologies (U.S.), THE DESCARTES SYSTEMS GROUP INC (U.S.), Cognizant (U.S.), IBM (U.S.), A.P. Moller - Maersk (Denmark).
It becomes easy to achieve supreme level of insights and obtain knowhow of the best market opportunities into the specific markets with Intermodal Transportation market report. The report lists down the company profiles of major market players and brands which explore their actions about product launches, product enhancements, joint ventures, mergers and acquisitions with respect to effect on the sales, import, export, revenue and CAGR values. To acquire best quality market data and information specific to the niche and business requirements, this market report has a lot to offer.
For Complete Report Details, Visit @ https://www.databridgemarketresearch.com/reports/global-intermodal-transportation-market
Major Regions:
Geographically, this report split into several key regions, with sales (MT), Revenue (Million USD), market share, and growth rate for these regions, covering
**North America (United States, Canada and Mexico)
**Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
**Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
**South America (Brazil, Argentina, Colombia, and Rest of South America)
**Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
North America dominates the intermodal transportation market because of the growing prevalence of improved transportation facilities. Moreover, the increased disposable incomes in the developing economies is further estimated to accelerate the expansion over the forecast period.
Europe is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rising adoption of the intermodal transportation systems in developing economies such as India, China, and Korea within the region.
Crucial Takeaways: Global Intermodal Transportation Market
Committed to offer real time data on ongoing market developments and trends, this detailed research report on global Intermodal Transportation market also entails a clear and detailed overview of the this market amidst the global pandemic and the various pandemic management operation designed and implemented by frontline and contributing players alike.
The report particularly zooms in to find the prominent market alterations affecting global Intermodal Transportation market in a multi-dimensional scheme encompassing production and consumption patterns, CAGR percentage, pricing alteration, besides lending significant awareness upon evident challenges, threats, development cycles.
The report includes detailed market overview inclusive of details in the historical and current timelines. The report scouts for noteworthy trends and profit generation trends in the past decades, followed by current status.
The multi-timeline Intermodal Transportation market analysis is in place to allow market players devise growth-oriented business strategies and tactical decisions, thus securing healthy growth trail and profit numbers in the foreseeable future.
Relevant details on prevalent market competition and rising intensity with inclusion of new market players also find ample mention in the report to evoke wise comprehension and appropriate growth related business strategies, favoring strong competitive edge. Details on technological innovation, and inputs on M&A developments, commercial agreements have all been touched upon in this illustrative research report on the Intermodal Transportation market.
Key Pointers Covered in Table of Content:
Chapter 1. Report Overview
Chapter 2. Global Growth Trends
Chapter 3. Market Share by Key Players
Chapter 4. Breakdown Data by Type and Application
Chapter 5. Market by End Users/Application
Chapter 6. COVID-19 Outbreak: Intermodal Transportation Industry Impact
Chapter 7. Opportunity Analysis in Covid-19 Crisis
Chapter 8. Market Driving Force
And Many More…
Global Intermodal Transportation Market: Key Highlights
CAGR of the market during the forecast period.
Detailed information on factors that will assist market growth.
Estimation of market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behaviour
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of market vendors
Customization of the Report:
Data Bridge Market Research also provides customization options to tailor the reports as per client requirements. This report can be personalized to cater to your research needs. Feel free to get in touch with our sales team, who will ensure that you get a report as per your needs.
Thanks for reading this article you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.
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Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches, we are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
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