The global intermodals market is expected to grow from $49.48 billion in 2020 to $54.26 billion in 2021 at a compound annual growth rate (CAGR) of 9.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $69.44 billion in 2025 at a CAGR of 6.4%.
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The intermodal market consists of sales of intermodal rail freight transportation services and related goods by entities (organizations, sole traders, and partnerships) that provide the transportation of freight in an intermodal container. In this mode, handling of the freight is not done manually when changing a rail carrier, thus increasing the security of the transported product substantially. Only goods and services traded between entities or sold to end consumers are included.
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The intermodals market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the intermodals market are Union Pacific Railroad, Canadian National Railway, CSX Transportation, Norfolk Southern Railway, BNSF Railway, DB Schenker, SBB Cargo, CTL Logistics, VTG Rail Logistics, Kuehen+Nagel Logistics, Union Pacific, RSI Logistics, Deutsche Bahn AG, Fedex Corp., Indian Railways, Japan Freight Railway Company (JR Freight).
The global intermodals market is segmented –
1) By Type: Container-On-Flatcar (COFC), Trailer-On-Flatcar (TOFC)
2) By Destination: Domestic, International
3) By Application: Oil And Gas, Aerospace And Defense, Industrial And Manufacturing, Construction, Chemical, Food And Beverages, Healthcare, Others
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The intermodals market report describes and explains the global intermodals market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The intermodals report evaluates the market across each region and for the major economies within each region.
The countries covered in the global intermodals market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global intermodals market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Intermodals Market Characteristics
- Intermodals Market Product Analysis
- Intermodals Market Supply Chain
- Key Mergers And Acquisitions In The Intermodals Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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