The reduced freight transportation costs with intermodal service are one of the key drivers that are expected to drive market growth in the upcoming years. Governmental or regulatory bodies are introducing many stringent regulations to reduce vehicle emissions. Moreover, the rise in the number of road freight carriers is leading to an upsurge in traffic congestion and consequent delays. All these factors compel road freight companies to use a blend of sea, road, and railways to transport goods on longer routes. This will profit both the buyer and the freight forwarder in terms of costs.
Intermodal Freight Transportation Market was valued at US$ 35.43 Bn in 2021 and is expected to reach US$ 87.22 Bn by 2027, at a CAGR of 16.2 % during a forecast period.
Intermodal Freight Transportation Market Overview:
The Intermodal Freight Transportation market research study investigates and analyses the market's position during the forecast period. It is comprehensive research that focuses on primary and secondary drivers, market dominance, important segments, and geographic analysis. The study also examines noteworthy personalities, big partnerships, mergers, and acquisitions, as well as current innovation and corporate strategy.
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Intermodal Freight Transportation Market Scope:
We looked at the Intermodal Freight Transportation Market from every perspective possible, using both primary and secondary research methods. This increased our understanding of current market dynamics such supply-demand imbalances, pricing trends, product preferences, and customer behaviour. The data is then compiled and assessed using a range of market estimates and data validation processes. Furthermore, we have an in-house data forecasting engine that forecasts market growth until 2027.
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Intermodal Freight Transportation Market Segmentation:
The intermodal freight transportation market is dominated by the rail-road segment. Compared to vehicle transportation, the train system uses less fuel. Therefore, intermodal shipping reduces costs and helps the environment. Regions like the Asia-Pacific, where the transportation infrastructures consist of extensive and effective networks of roads and trains and are bordered by oceans, easily execute intermodal transportation.
Intermodal Freight Transportation Market Key Players:
• Aljex Software, Inc.
• Cognizant
• GE Transportation
• HighJump Software, Inc.
• IBM
• Motorola Solutions, Inc.
• Profit Tools, Inc.
• TMW Systems, Inc.
• Trinium Trucking Systems (IAS)
• WiseTech Global
• A.P. Moller - Maersk
• C.H. ROBINSON
• Deutsche Bahn
• Deutsche Post DHL Group
• Kuehne + Nagel
• UPS
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Primary and secondary research is used to identify market leaders, and primary and secondary research is utilized to calculate market revenue. In-depth interviews with important thought leaders and industry specialists such as experienced front-line staff, CEOs, and marketing professionals were conducted as part of the core research. Primary research comprised in-depth interviews with prominent thought leaders and industry specialists, such as experienced front-line staff, CEOs, and marketing professionals, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is used to calculate percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then compared to historical data. The players highlighted in this report are as follows:
Regional Analysis:
The study takes an in-depth look at the local industry, using both qualitative and quantitative data. It gives a segment-by-segment overview and forecast of the worldwide Intermodal Freight Transportation market. It also offers market size and forecast estimates for five major regions, including North America, Europe, Asia-Pacific, the Middle East and Africa, and South America, from 2021 to 2027. Each area's Intermodal Freight Transportation market is further subdivided into regions and segments. The report investigates and forecasts many countries, as well as existing trends and prospects in the field.
COVID-19 Impact Analysis on Intermodal Freight Transportation Market:
We thoroughly researched and analyzed the Intermodal Freight Transportation Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the potential of the Intermodal Freight Transportation industry, providing statistical data on market dynamics, growth factors, major challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The major purpose of the research is to offer industrial businesses a strategic analysis of COVID-19's influence. Simultaneously, this investigation looked into the markets of major countries and highlighted their market potential.
Key Questions Answered in the Intermodal Freight Transportation Market Report are:
What are the most promising high-growth opportunities in the Intermodal Freight Transportation sector, as defined by product category, End User, and Region?
Which Intermodal Freight Transportation market segments will expand the fastest, and why?
Which areas will expand the fastest, and why?
What are the primary elements influencing Intermodal Freight Transportation market dynamics? What are the primary drivers and obstacles in the Intermodal Freight Transportation market?
What are the Intermodal Freight Transportation market's business risks and dangers?
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