PUBLISHER: TechNavio | PRODUCT CODE: 1580782
PUBLISHER: TechNavio | PRODUCT CODE: 1580782
Rail Logistics Market 2024-2028
The rail logistics market is forecasted to grow by USD 56.9 bn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the rail logistics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for rail logistics due to rising trade, increasing outsourcing in logistics, and increased number of government initiatives.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.2% |
CAGR | 4.5% |
Incremental Value | $56.9 bn |
Technavio's rail logistics market is segmented as below:
By Type
By Geographical Landscape
This study identifies the increasing use of cloud technology in rail logistics as one of the prime reasons driving the rail logistics market growth during the next few years. Also, rising need for iot in smart railway systems and green rail for better environment will lead to sizable demand in the market.
The report on the rail logistics market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rail logistics market vendors that include BLR Logistiks I Ltd., Brookfield Business Partners LP, Canadian National Railway Co., DB Cargo AG, Deutsche Bahn AG, FedEx Corp., Gebruder Weiss, GeoMetrix Rail Logistics Inc., INTERPORT GLOBAL LOGISTICS Pvt. Ltd., Japan Freight Railway Co., JSC RUSSIAN RAILWAYS LOGISTICS, Kuehne Nagel Management AG, Nippon Express Holdings Inc., Rail Cargo Group, RSI Logistics Inc., SBB Cargo International AG, Tschudi Group, Union Pacific Corp., United Parcel Service Inc., and VTG Aktiengesellschaft. Also, the rail logistics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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