The intermodal freight transportation global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Intermodal Freight Transportation Market, 2024The intermodal freight transportation global market report 2024
Market Size –
The intermodal freight transportation market size has grown rapidly in recent years. It will grow from $51.18 billion in 2023 to $58.85 billion in 2024 at a compound annual growth rate (CAGR) of 15.0%. The growth in the historic period can be attributed to increasing demand for fast delivery, expansion of free trade agreements, expansion of rail infrastructure, growth in industrial production, growth of logistics, and supply chain management services.
The intermodal freight transportation market size is expected to see rapid growth in the next few years. It will grow to $103.78 billion in 2028 at a compound annual growth rate (CAGR) of 15.2%. The growth in the forecast period can be attributed to increasing global trade, rising e-commerce demand, growing urbanization, rising fuel costs, and growing demand for refrigerated transport. Major trends in the forecast period include technological advancements, integration of AI, real-time tracking, green logistics solutions, and integration of blockchain technology.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/intermodal-freight-transportation-global-market-report
Scope Of Intermodal Freight Transportation MarketThe Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Intermodal Freight Transportation Market Overview
Market Drivers –
The rising industrialization is anticipated to propel the intermodal freight transportation market forward. Industrialization transforms economies from agriculture-based to manufacturing-oriented. This shift is fueled by globalization, supply chain efficiencies, market diversification, and trade agreements. Intermodal freight transportation is crucial for enhancing logistics effectiveness and supports global trade, infrastructure development, and economic growth, making it a key element in modern industrial economies. According to Statistics Canada, in February 2023, Canada’s manufacturing sales increased significantly, reaching $850.9 billion in 2022, marking a growth of 17.9%. Thus, the rising industrialization is driving the intermodal freight transportation market’s growth, with continued momentum projected for 2024 and 2028.
Market Trends –
Major companies operating in the intermodal freight transportation market are focused on developing innovative technologies, such as AI-based transport management solutions, to enhance efficiency, optimize routes, and improve overall supply chain performance. AI-based transport management solutions refer to advanced systems that utilize artificial intelligence (AI) to enhance and optimize various aspects of transportation management. For instance, in September 2023, 3SC Solutions, a Netherlands-based provider of supply chain solutions, launched iTMS (Intelligent Transport Management Solution). The solution integrates advanced AI and machine learning technologies to offer real-time route optimization, enhancing efficiency and reducing operational costs. iTMS includes predictive analytics capabilities to anticipate potential disruptions and adjust logistics strategies proactively. Its dynamic dashboard provides comprehensive visibility into all transportation activities, allowing for seamless coordination across multiple modes of transport.
The intermodal freight transportation market covered in this report is segmented –
1) By Type: Railway Transport, Road Transport, Air And Sea Transport, Other Type
2) By Component: Software, Service
3) By Modes: Rail Road, Road Water, Road Air, Other Modes
4) By Verticals: Consumer And Retail, Oil And Gas, Industrial And Manufacturing, Energy And Mining, Food And Beverages, Aerospace And Defense, Construction, Chemicals, Pharmaceuticals And Healthcare, Other Verticals
Get an inside scoop of the intermodal freight transportation market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=18646&type=smp
Regional Insights –
North America was the largest region in the intermodal freight transportation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intermodal freight transportation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies in the market are Deutsche Post DHL Group, FedEx Corporation, A.P. Moller-Maersk A/S, CMA CGM Group, Deutsche Bahn AG, Kuehne + Nagel International AG, Hapag-Lloyd AG, DSV A/S, SAP SE, DB Schenker, C.H. Robinson Worldwide Inc., DP World, J.B. Hunt Transport Services Inc., Canadian Pacific Railway Limited, Schneider National Inc., Hub Group Inc., APM Terminals, XPO Logistics Inc., Swift Transportation Company, STG Logistics Inc., WiseTech Global Limited, Yusen Logistics Co. Ltd., Air Ground Xpress, CLX Logistics LLC, LOGISTEED Ltd.
Table of Contents
1. Executive Summary
2. Intermodal Freight Transportation Market Characteristics
3. Intermodal Freight Transportation Market Trends And Strategies
4. Intermodal Freight Transportation Market – Macro Economic Scenario
5. Global Intermodal Freight Transportation Market Size and Growth
…
32. Global Intermodal Freight Transportation Market Competitive Benchmarking
33. Global Intermodal Freight Transportation Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Intermodal Freight Transportation Market
35. Intermodal Freight Transportation Market Future Outlook and Potential Analysis
36. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
