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Global Intermodals Market Overview: Forecasted Market Size And Growth Rate | BNSF Railway, Norfolk Southern Railway, Union Pacific Railroad, Canadian National Railway, Deutsche Bahn
As per The Business Research Company's Intermodals Opportunities And Strategies Market Report 2023, The intermodals market reached a value of nearly $23,367.5 million in 2022, having grown at a compound annual growth rate (CAGR) of 9.1% since 2017. The market is expected to grow from $23,367.5 million in 2022 to $41,588.7 million in 2027 at a rate of 12.2%. The market is then expected to grow at a CAGR of 10.6% from 2027 and reach $68,791.6 million in 2032.The increasing sustainable nature of intermodal rail transport is expected to drive the growth of the intermodals market going forward. Unlike truckloads, rails use less fuel and is faster, which makes intermodal transportation energy and cost-efficient. Over the years, rail fuel efficiency has steadily increased, making it the most environmentally sustainable means of transporting goods overland.
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Artificial Intelligence (AI) is increasingly being used in the intermodal rail freight industry to provide accurate analysis and provide real time transport operations, transportation planning and predictive operations. Artificial intelligence in intermodal rail freight helps optimize operations and increase intermodal rail capacity.
The top opportunities in the intermodals market segmented by type will arise in container-on-flatcar (COFC) segment, which will gain $16,144.1 million of global annual sales by 2027. The top opportunities in the intermodals market segmented by destination will arise in international segment, which will gain $8,300.9 million of global annual sales by 2027. The top opportunities in the intermodals market segmented by application will arise in oil and gas segment, which will gain $6,630.0 million of global annual sales by 2027. The intermodals market size will gain the most in the USA at $4,863.9 million.
Intermodals Market Segmentation:
The intermodals market is segmented by type, by destination, and by application.
By Type -
a) Container-On-Flatcar (COFC)
b) Trailer-On-Flatcar (TOFC).
By Destination -
a) Domestic
b) International
By Application -
a) Oil And Gas
b) Aerospace And Defense
c) Industrial And Manufacturing
d) Construction
e) Chemical
f) Food And Beverages
g) Healthcare
h) Others
Major players in the Intermodals market include BNSF Railway, Norfolk Southern Railway, Union Pacific Railroad, Canadian National Railway, Deutsche Bahn
The regions covered in the global Intermodals market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The latest report from The Business Research Company, 'Global Intermodals Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.
Intermodals Market Report Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
……
19. Key Mergers and Acquisitions
20. Opportunities And Strategies
21. Intermodals Market, Conclusions And Recommendations
22. Appendix
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