Press release
Increased Freight Demand Drives Expansion Of The Rail Freight Market Driver: A Major Catalyst in the Evolution of the Rail Freight Market in 2025
Rail Freight
The rail freight market is expected to grow, bolstered by the increasing demand for freight services. Freight constitutes goods or produce transported from one point to another using multiple transportation modes like ships, planes, trains, or trucks. Trains are consistently selected as the transportation means for lengthy cargo hauls due to their proficient and cost-effective characteristics. For instance, the US-based Bureau of Transportation Statistics, a component of the Department of Transportation (DOT), reported that class I freight and operating revenues in July 2024 had increased by 13.8% in 2022 relative to 2021. This resulted in a total freight revenue of $80 billion and $84.5 billion in operational revenue. Hence, the escalating demand for freight services is triggering the expansion of the rail freight market.
Get Your Rail Freight Market Report Here:
https://www.thebusinessresearchcompany.com/report/rail-freight-global-market-report
What is the projected compound annual growth rate (CAGR) of the rail freight market from 2025 to 2034, and what factors influence it?
Recent years have seen robust growth in the rail freight market size. Forecasts predict an increase from $296.8 billion in 2024 to $316.15 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.5%. Factors such as expanding international trade, the affordable nature of railway transportation, and an increasing emphasis on sustainable transportation have contributed to the historic period's growth.
Anticipations show steady robust expansion within the rail freight market in the coming few years. Projected to augment to $387.32 billion in 2029, it signifies a CAGR of 5.2%. The propelling factors behind this growth during the forecast period include governmental backing, worldwide demographic expansion and urbanization, the booming growth of intermodal transport, and the elevation in the unfolding and examination of autonomous trains. Noteworthy trends during this period involve tactical collaborations and procurements to augment financial robustness, the execution of precision timed rail freighting, the application of artificial intelligence (AI) for precise analysis and instant transport procedures, the initiation of advanced freight trains to aid in the development of superior products harnessing advanced technologies, and the adoption of rail vehicle visibility tools.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2249&type=smp
What trends are poised to drive the future success of the rail freight market?
Leading businesses in the rail freight industry are adopting innovative strategies such as the introduction of new hybrid trains to enhance their market profitability. These hybrid trains are regional, electric-diesel-battery powered units equipped with two energy storage systems, allowing for decreased energy usage and mitigating greenhouse gas emissions. An example of this is the initiative taken by Alstom, a French rolling stock manufacturer, and SNCF Voyageurs in February 2022. They launched the first-ever French hybrid train for regions like Occitanie, Grand-Est, Nouvelle-Aquitaine, and Centre-Val-de-Loire, marking France's initial foray into hybridizing Régiolis trains. This project, which commenced in 2018 as a collaborative endeavor between SNCF Group and Alstom, was financially supported by the Occitanie, Grand-Est, Nouvelle-Aquitaine, and Centre-Val de-Loire regions. The primary aim of the project is to contribute to the reduction of the regional train fleet's carbon emissions.
What are the major segments of the rail freight market and their role in driving growth?
The rail freight market covered in this report is segmented -
1) By Type: Intermodals, Tank Wagons, Freight Cars
2) By Freight Type: Containerized, Liquid, Commodities, Other Freight Types
3) By Destination: Domestic, International
4) By Application: Oil And Gas, Mining Industry, Logistics Industry, Post Service, Other Applications
Subsegments:
1) By Intermodals: Containerized Cargo, Trailer-on-Flatcar (TOFC), Double-Stack Container Transport
2) By Tank Wagons: Liquid Cargo, Gas Cargo
3) By Freight Cars: Boxcars, Flatcars, Hopper Cars, Gondola Cars
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2249
Which regions are key players in the growth of the rail freight market?
Asia-Pacific was the largest region in the rail freight market in 2024. North America was the second largest region in the rail freight market. The regions covered in the rail freight market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the rail freight market?
Major companies operating in the rail freight market include Berkshire Hathaway Inc, China Railway Corporation, Canadian National Railway, Union Pacific Corporation, Norfolk Southern Corporation, DB Cargo UK (formerly EWS), Japan Freight Railway Company (JR Freight), Etihad Rail DB, Tiger Logistics India Limited, Kansas City Southern, SNCF, BNSF Railway, Atlas Logistics, Vale, Direct Rail Services, Imt Express, Quebec North Shore and Labrador Railway (QNS&L), Miracle Logistics Company Ghana Limited, Deutsche Bahn AG, Freightliner, Indian Railways, VLI Logística, Shree Shyam Logistics, Rumo, Orchid Global Sourcing, CG Logistics Pvt. Ltd, České dráhy (České Dráhy, A.s), Botswana Rail (BR), Delhi Cargo & Courier Services, MRS Logistics, Russian Railways, TransContainer, Om Logistics, Saudi Arabia Railways, Anshika Express Cargo, CSX Corporation, Transnet Freight Rail, Traxport, GB Railfreight, SLR Shipping Services LLC, RAIL1520 Ltd, América Latina Logística, Canadian Pacific, VSL Logistics and Freight forwarding solutions, Achievers Logistics Ghana
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=2249&type=smp
What Is Covered In The Rail Freight Global Market Report?
• Market Size Forecast: Examine the rail freight market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the rail freight market for a structured understanding.
• Key Players Overview: Analyze major players in the rail freight market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the rail freight market.
• Segment Contributions: Evaluate how different segments drive overall growth in the rail freight market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the rail freight market.
• Industry Challenges: Identify potential risks and obstacles affecting the rail freight market.
• Competitive Landscape: Review strategic developments in the rail freight market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Increased Freight Demand Drives Expansion Of The Rail Freight Market Driver: A Major Catalyst in the Evolution of the Rail Freight Market in 2025 here
News-ID: 3903051 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Rail
Rail Joints Market : Size, Share & Growth Trends by Rail Joint Type, Rail Type, …
Rail joints are also known as fishplate is a metal bar made of steel that is bolted to the ends of two rails to join them together in a track. The top and bottom edges are tapered inwards so it can easily wedge itself between the top and bottom of the rail when it is bolted into place. There are different types of rail joints such as common rail joint…
Crane Rail Market Supporting Heavy Lifting Operations In Rail Transport Systems …
Crane Rail Market 𝐒𝐧𝐚𝐩𝐬𝐡𝐨𝐭 (𝟐𝟎𝟐𝟓 𝐭𝐨 𝟐𝟎𝟑𝟒)
Crane Rail Market in terms of revenue was estimated to be worth at $5.1 billion 2024 & is poised to reach $7.9 billion by 2034, growing at a CAGR 5.8%
The Crane Rail Market is expected to grow significantly, increasing from $55.26 billion in 2024 to approximately $60.12 billion in 2025, with a CAGR of 8.8%. This growth is attributed to rising construction activities, urbanization,…
Rail Freight Transportation Market May See Big Move | Baltic Rail, Union Pacific …
An extensive elaboration of the Global (United States, European Union and China) Rail Freight Transportation market strategy of the industry players in the precision of import/export consumption, supply and demand. The study starts with an introduction about the company/manufacturers profiling stating strategic concept behind business using methods to assess and analyze market. It also describes Rail Freight Transportation player/manufacturers strategy in the light of Porters, Value Chain & SWOT analysis,…
Rail Systems Market Next Big Thing | Major Giants- Hitachi-Rail, TCR Rail System …
Global Rail Systems Market Data Survey Report 2015-2025 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Global Rail Systems Market. Some of the key players profiled in the study are Wabtec Corporation, Vermont Railway,…
Rail Systems Market 2019: Top Key Players are Wabtec Corporation, Vermont Railwa …
Rail Systems Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry.
Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13853149
Global Rail Systems market 2019 research provides a basic overview of the industry including definitions,…
Rail Systems Market: Comprehensive study explores Huge Growth in Future| Key Pla …
HTF MI recently introduced new title on “Global Rail Systems Market Report 2018 ” from its database. The report provides study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. The Report gives you competition analysis of top manufacturer with sales volume, price, revenue (Million USD) and market share, the top players including Wabtec Corporation, Vermont Railway, SPX FLOW Inc,…
