Press release
Intermodal Freight Transportation Market Trends | Global Growth, Opportunities & Forecast 2024-2031 | Top key players - Oracle, Körber AG, Transplace, Inc.
The Global Intermodal Freight Transportation Market reached US$ 51.56 billion in 2023 and is expected to reach US$ 155.89 billion by 2031, growing with a CAGR of 15.09% during the forecast period 2024-2031.Intermodal Freight Transportation Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Intermodal Freight Transportation Market involves the movement of goods using two or more modes of transport-like trucks, trains, and ships-without handling the cargo itself when changing modes. It's all about improving efficiency, cutting costs, and reducing environmental impact. This flexible, streamlined approach keeps global supply chains running smoothly across long distances and complex logistics networks.
List of the Key Players in the Intermodal Freight Transportation Market:
Oracle, Körber AG, Transplace, Inc., Alexander Group, General Electric, Envase Technologies, Trimble, CLX Logistics, LLC, LOGISTEED, Ltd., Hub Group, Inc.
Industry Development:
In November 2023, the National Railway of Italy and the Mediterranean Shipping Company (MSC) jointly established a new company aimed at enhancing Italy's port infrastructure to support intermodal rail and maritime transportation. This initiative is designed to strengthen Italy's connectivity with the European train system, facilitating more efficient freight movement across borders.
In October 2023, the Intermodal Association of North America (IANA) launched an online intermodal course for its members. Developed in partnership with Delft University of Technology and the University of Maryland Smith School of Business, this educational platform provides a comprehensive overview of intermodal freight transportation, supporting industry knowledge and professional development within the logistics and transportation sector.
Growth Forecast Projected:
The Global Intermodal Freight Transportation Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Intermodal Freight Transportation Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Intermodal Freight Transportation Market:
By Component: Software, Service.
By Transportation Mode: Rail and Road Transport, Air and Road Transport, Maritime and Road Transport, Other Transportation Modes.
By Solution: Warehousing, Trucking Software, Fleet Management, Intermodal Dispatch, Freight Security, Intermodal Terminal.
By End-User Industry: Industrial and Manufacturing, Oil and Gas, Consumer and Retail, Food & Beverage, Construction, Others.
Regional Analysis for Intermodal Freight Transportation Market:
The regional analysis of the Intermodal Freight Transportation Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Intermodal Freight Transportation market?
➠ Who are the leading manufacturers in the global Intermodal Freight Transportation industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Intermodal Freight Transportation industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Intermodal Freight Transportation market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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