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Intermodal Freight Transportation Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR40659
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The intermodal freight transportation market share is expected to increase by USD 49.84 billion from 2021 to 2025, and the market’s growth momentum will accelerate at a CAGR of 6.63%. This intermodal freight transportation market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The intermodal freight transportation market report also offers information on several market vendors, including A.P. Møller - Maersk A/S, C.H. Robinson Worldwide Inc., Convoy Inc., Deutsche Bahn AG, Deutsche Post DHL Group, J.B. Hunt Transport Services Inc., Kuehne + Nagel Management AG, Lynden Inc., Trimble Inc., and United Parcel Service Inc. among others. Furthermore, this report extensively covers intermodal freight transportation market segmentation by product (minerals and ores, food and farm products, equipment and instruments, chemicals, and others) and geography (North America, Europe, APAC, and South America).

What will the Intermodal Freight Transportation Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Intermodal Freight Transportation Market Size for the Forecast Period and Other Important Statistics

 

Intermodal Freight Transportation Market: Key Drivers, Trends, and Challenges

The reduced freight transportation costs with intermodal service is notably driving the intermodal freight transportation market growth, although factors such as high infrastructure cost may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the intermodal freight transportation industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Intermodal Freight Transportation Market Driver

Reduced freight transportation costs with intermodal service are the key driver to the growth of the intermodal freight transportation market.One of the key factors driving growth in the intermodal freight transportation market is the reduced freight transportation costs with intermodal service.There is a high preference for intermodal freight transportation over single modes of transportation such as trucks owing to the cost advantages offered to shippers.The buyers and freight forwarders in road freight companies are looking to save on costs by using rails to transport goods on longer routes.The reduced freight costs owing to the use of different modes of transport while moving goods will drive the growth of the intermodal freight transportation market.

Key Intermodal Freight Transportation Market Trend

The growing popularity of intermodal transportation is the major trend driving the growth of the intermodal freight transportation market.The ease in the management of the supply chain with intermodal service is another major factor supporting the intermodal freight transportation market share growth.Intermodal transportation is preferred for exports, imports, and cross-continental shipments as almost all the containers have a similar handling characteristic and are designed with similar dimensions which allow for easy transfer to a different mode of transport.Many freight forwarders prefer intermodal transportation as it offers increased security of goods as well as low costs.Shippers can expect a faster movement of goods using intermodal freight transportation compared with traditional methods.

Key Intermodal Freight Transportation Market Challenge

High infrastructure cost is the major hindrance to the growth of the intermodal freight transportation market .High investments in infrastructure are required to ship goods through intermodal transportation. Investments include the installation of gantry cranes and other heavy-duty cranes necessary to lift the cranes at different ports while changing the mode of transport. In addition to this necessary investments for rail and road access are also required.For example, in Spain, in January 2017, the Barcelona Port Authority and the Administrator of Railway Infrastructures (ADIF) pledged to jointly invest more than $150 million for a new freight link to the Port of Barcelona. Also, a modern crane requires around $5 million or more than $5 million, depending upon the size and needs. These high investments are slow to come and often require time, thus having a negative impact on the demand for intermodal freight transportation. Hence, these high infrastructure cost requirements are expected to impede the growth of the global intermodal freight transportation market during the forecast period.

This intermodal freight transportation market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2020-2024.

Parent Market Analysis

Technavio categorizes global intermodal freight transportation market as a part of the global air freight and logistics market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the intermodal freight transportation market during the forecast period.

Who are the Major Intermodal Freight Transportation Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • A.P. Møller - Maersk A/S
  • C.H. Robinson Worldwide Inc.
  • Convoy Inc.
  • Deutsche Bahn AG
  • Deutsche Post DHL Group
  • J.B. Hunt Transport Services Inc.
  • Kuehne + Nagel Management AG
  • Lynden Inc.
  • Trimble Inc.
  • United Parcel Service Inc.

 

This statistical study of the intermodal freight transportation market encompasses successful business strategies deployed by the key vendors. The intermodal freight transportation market is fragmented and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The intermodal freight transportation market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Intermodal Freight Transportation Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the intermodal freight transportation market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of global air freight and logistics market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

 

Which are the Key Regions for Intermodal Freight Transportation Market?

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38% of the market’s growth will originate from North America during the forecast period. US, China, Germany, and Canada are the key markets in North America. Market growth in this region will be slower than the growth of the market in regions.

Reduced freight costs and their carbon footprint and alternative transportation mode options will facilitate the market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Intermodal Freight Transportation Market?

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The intermodal freight transportation is a part of freight management, which involves the use of at least two or more modes to move a particular shipment from its origin to its assigned destination. Global intermodal freight transportation market is estimated to be $12.28 billion in 2014 and is expected to grow to $26.19 billion in 2019, at a Compound Annual Growth Rate (CAGR) of 16.4% from 2014 to 2019

This report provides an accurate prediction of the contribution of all the segments to the growth of the intermodal freight transportation market size and actionable market insights on post COVID-19 impact on each segment.

 

Intermodal Freight Transportation Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 6.63%

Market growth 2020-2024

USD 49.84 billion

Market structure

Fragmented

YoY growth (%)

5.98

Regional analysis

North America, Europe, APAC, and South America

Performing market contribution

North America at 38%

Key consumer countries

US, China, Germany, and Canada

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

A.P. Møller - Maersk A/S, C.H. Robinson Worldwide Inc., Convoy Inc., Deutsche Bahn AG, Deutsche Post DHL Group, J.B. Hunt Transport Services Inc., Kuehne + Nagel Management AG, Lynden Inc., Trimble Inc., and United Parcel Service Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Intermodal Freight Transportation Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive intermodal freight transportation market growth during the next five years
  • Precise estimation of the intermodal freight transportation market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the intermodal freight transportation industry across North America, Europe, APAC, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of intermodal freight transportation market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Minerals and ores - Market size and forecast 2020-2025
    • Food and farm products - Market size and forecast 2020-2025
    • Equipment and instruments - Market size and forecast 2020-2025
    • Chemicals - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • A.P. Moller - Maersk AS
      • C.H. Robinson Worldwide Inc.
      • Convoy Inc.
      • Deutsche Bahn AG
      • Deutsche Post DHL Group
      • J.B. Hunt Transport Services Inc.
      • Kuehne + Nagel Management AG
      • Lynden Inc.
      • Trimble Inc.
      • United Parcel Service Inc.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The intermodal freight transportation market market growth will increase by $49.84 billion during 2020-2024.
      The intermodal freight transportation market market is expected to grow at a CAGR of 6.63% during 2020-2024.
      Technavio has segmented the intermodal freight transportation market market by product (Minerals and ores, Food and farm products, Equipment and instruments, Chemicals, and Others) ,type (North America, Europe, APAC, MEA, and South America) , and geographic (North America, Europe, APAC, and South America).
      A.P. Møller - Maersk A/S, C.H. Robinson Worldwide Inc., Convoy Inc., Deutsche Bahn AG, Deutsche Post DHL Group, J.B. Hunt Transport Services Inc., Kuehne + Nagel Management AG, Lynden Inc., Trimble Inc., United Parcel Service Inc. are a few of the key vendors in the intermodal freight transportation market market.
      North America will register the highest growth rate of 38.43% among the other regions. Therefore, the intermodal freight transportation market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the intermodal freight transportation market market growth are:
      • Reduced freight transportation costs with intermodal service
      • Growing popularity of multimodal transportation
      The intermodal freight transportation market market vendors should focus on grabbing business opportunities from the minerals and ores segment as it accounted for the largest market share in the base year.
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