Press release
Rail Logistics Industry Expected to Reach $296.76 Billion by 2029 at 2.8% CAGR
Rail Logistics
Rail Logistics Market Value Projection: How Much Will the Market Size by 2025?
The size of the rail logistics market has seen consistent growth in the past few years. It is predicted to rise from a value of $256.85 billion in 2024 to $265.53 billion in 2025, reflecting a compound annual growth rate (CAGR) of 3.4%. Factors contributing to the growth during the historical period include reduced transportation costs and modal shifts, environmental accountability, advances in infrastructure, and regulations related to cross-border freight transport.
What Will Be the Market Growth Forecat for Rail Logistics in 2029?
Expectations for the rail logistics market size suggest consistent growth in the upcoming years, projected to reach $296.76 billion by 2029 with a compound annual growth rate (CAGR) of 2.8%. Factors such as the increase in autonomous train research and development, the demand for freight wagons, the arrival of technologically-advanced, custom-made wagons, a rise in budget allocations, and the e-commerce and online retail growth are contributing to growth in the forecasted period. Key trends for this period include the incorporation of artificial intelligence and machine learning, the development of high-speed rail, the appearance of smart railways, the growth of rail logistics services in developing economies, and the expansion of intermodal transportation.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/rail-logistics-global-market-report
What Are the Core Competitive Drivers in the Rail Logistics Industry?
The advancement of the rail logistics market is projected to be driven by an escalation in global trading. Global trading, or exchanging goods and services beyond national boundaries, is on the rise, thanks to a number of factors. This growth in global trade is guided by the boom in globalization, which is fueling the need for effective cross-border transportation facilities. The rising commodity volumes moving across international borders is making the need for cost-effective and efficient transportation solutions ever more urgent. For instance, data from the Bureau of Economic Analysis, an American governmental entity that produces official macroeconomic and sector statistics, revealed that in February 2024, there was an increase by $35.0 billion, or 1.2%, in 2023 to $3,053.5 billion in the exports of goods and services compared to 2022. As a result, the progressing global trade is anticipated to spur the expansion of the rail logistics market.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14172&type=smp
Which Rail Logistics Market Segment Is Projected to See the Fastest Growth?
The rail logistics market covered in this report is segmented -
1) By Type: Intermodals, Tank Wagons, Freight Cars
2) By Operational Area: Domestic, International
3) By End User: Automotive, Manufacturing, Telecommunication, Retail, Technology
Subsegments:
1) By Intermodals: Container On Flat Car (COFC), Trailer On Flat Car (TOFC), Double Stack Containers
2) By Tank Wagons: Chemical Tankers, Food And Beverage Tankers, Oil And Gas Tankers, Agricultural Product Tankers
3) By Freight Cars: Boxcars, Flatcars, Hopper Cars, Gondola Cars, Refrigerated Cars
Which Trends Are Opening New Opportunities in the Rail Logistics Market?
Leading firms in the rail logistics market are transforming their services through pioneering technology, such as the all-encompassing digital experience center, to better cater to their clientele. This digital experience center acts as a focal point for the creation and deployment of state-of-the-art signaling resolutions tailored for urban, mainline, and freight operations. For instance, in December 2023, Alstom SA, a company based in France, unveiled an ultra-modern digital experience center. The initiatives at the center are engineered to elevate the efficiency of rail logistics, with the aim to incorporate integrated cybersecurity, comprehensive project testing, and projects related to urban, mainline, freight, and mining. Concurrently, it aims to foster innovation in remote system monitoring and troubleshooting. Furthermore, the center's architecture can accommodate over 7 million hours of engineering work for various projects.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=14172&type=smp
Who Are the Leaders in the Rail Logistics Market?
Major companies operating in the rail logistics market are Meta Platforms Inc., United Parcel Service Inc., FedEx Corporation, Mærsk A/S, Deutsche Bahn AG, Schenker Deutschland AG, Deutsche Bahn International Operations GmbH, Kuehne Nagel International AG, Union Pacific Corp., C.H. Robinson Worldwide Inc., Canadian National Railway Co., Nippon Express Holdings Inc., CEVA Logistics Inc., Geodis SA, Gebrüder Weiss GmbH, Trinity Industries Inc., Japan Freight Railway Co., Brookfield Business Partners LP, SBB Cargo International AG, VTG AG, Russian Railways OJSC, BLR Logistiks Ltd., Tschudi Logistics Holding AS, GeoMetrix Rail Logistics Inc., CTL Logistics Sp. z o.o, Rail Cargo Group, Interport Global Logistics Private Limited, Dan Transport Group A/S
Which Regional Rail Logistics Markets Offer the Greatest Growth Potential?
Asia-Pacific was the largest region in the rail logistics market in 2024. The regions covered in the rail logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Speak With Our Expert:
Saumya Sahay,
Americas: +1 310-496-7795,
Asia: +44 7882 955267 & +91 8897263534,
Europe: +44 7882 955267,
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
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 Rail Logistics Industry Expected to Reach $296.76 Billion by 2029 at 2.8% CAGR here
News-ID: 4175053 • Views: …
More Releases from The Business Research Company
Top Market Shifts Transforming the Rainwater Harvesting Systems Market Landscape …
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 Rainwater Harvesting Systems Market Through 2025?
Over the past few years, there has been substantial growth in the market size of rainwater harvesting systems. The industry, which was valued at $1.94 billion in 2024, is predicted to rise to $2.07 billion by…
Live Concerts Fueling Surge In Percussion Instruments Market Growth: Transformat …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Percussion Instruments Industry Market Size Be by 2025?
Over the past few years, the market size of percussion instruments has examined a steady rise. With an increase from $1.44 billion in 2024 to $1.47 billion in 2025, it expects a Compound Annual Growth Rate (CAGR) of…
Emerging Trends to Drive Hydraulic Equipment Market Growth at 3.5% CAGR Through …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Hydraulic Equipment Market Size Growth Forecast: What to Expect by 2025?
The size of the hydraulic equipment market has consistently increased in the past few years. Projections show that it will rise from $45.21 billion in 2024 to $46.86 billion in 2025, recording a compound annual growth rate (CAGR)…
Emerging Trends to Reshape the Fishing Drones Market: Innovative Advancement In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Fishing Drones Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of fishing drones has seen a swift increase in the past few years. An expansion from $0.89 billion in 2024 to $0.99 billion in 2025, representing a compound annual growth rate (CAGR)…
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,…
