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Intermodal Freight Transportation Market worth $78.85 billion by 2030, growing at a CAGR of 11.63% - Exclusive Report by 360iResearch

02-29-2024 08:24 AM CET | Logistics & Transport

Press release from: 360iResearch

Intermodal Freight Transportation Market | 360iResearch

Intermodal Freight Transportation Market | 360iResearch

The "Intermodal Freight Transportation Market by Component (Services, Software), Solution (Fleet Management, Freight Security, Intermodal Dispatch), Mode, End-User Industry - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Intermodal Freight Transportation Market to grow from USD 36.49 billion in 2023 to USD 78.85 billion by 2030, at a CAGR of 11.63%.

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Intermodal Freight Transportation is a vital sector in the global logistics system, primarily designed to efficiently move goods across various modes of transport. This includes rail, ship, and truck, typically utilizing standardized containers for unhindered transfer between these modes. Intermodality is pivotal in facilitating international and cross-country trade. It involves freight transportation in an intermodal container or vehicle, employing multiple modes of transportation (rail, marine, and highway), all without any cargo handling at changeover points. This system dramatically simplifies goods management and enhances the overall efficiency of freight transport. The sustainable nature of this system, its cost-effectiveness, and greater freight capacity compared to standalone systems are fundamental factors in propelling its market growth. Telematics and freight tracking technology advances have increased efficiency and visibility during transit, subsequently driving the demand. However, security threats and the need for high capital investment hamper the market adoption. Government Policies and Infrastructure Development have been other vital driving factors as regulatory bodies worldwide have created favorable policies to promote the growth of intermodal freight transportation. Increasing global trade has necessitated flexible transportation solutions to manage complex cargo movement, creating an opportunity for the intermodal freight transportation market.

The Americas has a significant landscape in the intermodal freight transportation market owing to the increasing integration of various transportation mediums, including road, rail, air, and waterways, observed extensively in this region. Factors such as robust infrastructure, technological advancements in container handling equipment, and strategic geographical location contribute to America's significant position in the industry. In the EMEA region, Europe retains the more substantial market driven by intermodal freight transportation, owing to its highly developed infrastructures and strategic geographical locations. The Middle East and Africa exhibit growing potential, primarily driven by oil and gas-related freight movements. Emergent economic powerhouses have invested extensively in transport and logistics infrastructure, creating a positive outlook for intermodal freight transportation. The APAC region is witnessing rapid expansion in intermodal freight transportation due to increasing industrialization and commerce. The countries in the region have significant exporter and importer capabilities and rely heavily on freight transportation, while progress in transportation infrastructure is paving the way for increased intermodal freight services. Rapid industrialization, the booming e-commerce sector, and increased cross-border trading activities are primarily driving the market growth in this region.

Market Segmentation & Coverage:

This research report categorizes the Intermodal Freight Transportation Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Component, market is studied across Services and Software. The Services is further studied across Consulting Service, Customization Service, and Managed Service. The Software is projected to witness significant market share during forecast period.

Based on Solution, market is studied across Fleet Management, Freight Security, Intermodal Dispatch, Intermodal Terminals, Trucking Software, and Warehousing. The Fleet Management is further studied across Driver Safety, Fuel Management, Journey Management, and Vehicle Tracking. The Freight Security is further studied across Baggage Scanner, Cargo/Vehicle Scanners, and Liquid Threat Scanners. The Intermodal Dispatch is further studied across Billing & Settlement, Brokerage, Depot System Integration, Electronic Data Interchange, and Order Management. The Intermodal Terminals is further studied across Airport Terminals, Cross-Dock Facility, Marine Terminals, and Rail Yard. The Warehousing is projected to witness significant market share during forecast period.

Based on Mode, market is studied across Truck-Air, Truck-Rail, and Truck-Water. The Truck-Rail is projected to witness significant market share during forecast period.

Based on End-User Industry, market is studied across Aerospace & Defense, Consumer & Retail, Energy & Mining, Manufacturing, and Oil & Gas. The Manufacturing is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.11% in 2023, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Intermodal Freight Transportation Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Intermodal Freight Transportation Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Intermodal Freight Transportation Market, highlighting leading vendors and their innovative profiles. These include A.P. Møller - Mærsk A/S, BR Williams Logistics, LLC, CLX Logistics, LLC, Deutsche Bahn AG, Elemica, Inc, Hub Group, Inc, International Business Machines Corporation, ITS Logistics LLC, J.B. Hunt Transport, Inc., Knight-Swift Transportation Holdings Inc., Kuehne + Nagel International AG, Körber AG, Landstar System Holdings, Inc., LOGISTEED, Ltd., Motorola Solutions, Inc., Odyssey Logistics & Technology Corporation, Oracle Corporation, Schneider National, Inc., STG Logistics, Supertrans Logistics CO., The General Electric Company, Tighe Logistics Group, WICKER PARK LOGISTICS, INC., and XPO Logistics, Inc..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Intermodal Freight Transportation Market, by Component
7. Intermodal Freight Transportation Market, by Solution
8. Intermodal Freight Transportation Market, by Mode
9. Intermodal Freight Transportation Market, by End-User Industry
10. Americas Intermodal Freight Transportation Market
11. Asia-Pacific Intermodal Freight Transportation Market
12. Europe, Middle East & Africa Intermodal Freight Transportation Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Intermodal Freight Transportation Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Intermodal Freight Transportation Market?
3. What is the competitive strategic window for opportunities in the Intermodal Freight Transportation Market?
4. What are the technology trends and regulatory frameworks in the Intermodal Freight Transportation Market?
5. What is the market share of the leading vendors in the Intermodal Freight Transportation Market?
6. What modes and strategic moves are considered suitable for entering the Intermodal Freight Transportation Market?

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Contact 360iResearch

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Sales & Marketing,
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Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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