The Business Research Company’s Rail Freight Global Market Report 2022 – Market Size, Trends, And Forecast 2022-2026
LONDON, GREATER LONDON, UK, June 2, 2022 /EINPresswire.com/ — According to ‘Rail Freight Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the rail freight market size is expected to grow from $242.53 billion in 2021 to $258.11 billion in 2022 at a compound annual growth rate (CAGR) of 6.4%. The rail freight market is then expected to grow to $318.42 billion in 2026 at a CAGR of 5.4%.
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The rail freight market consists of sales of rail freight transportation services and related goods by entities (organizations, sole traders, and partnerships) that provide the carriage of goods from a point of loading, or goods station, to a point of unloading, again a station capable of handling the loading and unloading of the goods carried. These goods are generally heavy in bulk and of low value with their bulk.
Global Rail Freight Market Trends
Tracking and tracing systems of rail freight using GPS and GSM helps the transportation organizations to overcome the rail freight transportation drawbacks such as loss and theft. It provides full-fledged security and monetarization of freights and more effective and efficient freight transportation over short distances for smaller loads.
Global Rail Freight Market Segments
The global rail freight market is segmented:
By Type: Intermodals, Tank Wagons, Freight Cars
By Destination: Domestic, International
By Application: Oil and Gas, Mining Industry, Logistic Industry, Post Service, Others
By Freight Type: Containerized, Liquid, Commodities, Others
By Geography: The global rail freight market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
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Rail Freight Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides rail freight global market overviews, rail freight global market analysis and forecasts market size and rail freight global market growth, rail freight global market share, rail freight global market segments and geographies, rail freight industry trends, rail freight global market players, rail freight market leading competitor revenues, profiles and market shares. The rail freight market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Rail Freight Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Duetsche Bahn AG, BNSF Railway, Indian Railways, JSC Russian Railways, Union Pacific Corp, China Railway Corporation, Berkshire Hathaway Inc., Canadian National Railway, CSX Corp, and Norfolk Southern Corp.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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