Global Intermodal Freight Transportation Market: Industry Analysis and Forecast (2019-2027)

 Global Intermodal Freight Transportation Market was valued at US$ 13.2Bn in 2019 and is expected to reach US$ 36.2Bn by 2027, at a CAGR of 13.44% during a forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

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Definition of Intermodal Freight Transportation

Intermodal transportation is the process of merging more than one mode of transportation for the movement of people or the delivery of goods. There are mostly two types of intermodal transportation, namely, intermodal freight transportation and intermodal passenger transportation.
Definition of Intermodal Freight Transportation

Intermodal transportation is the process of merging more than one mode of transportation for the movement of people or the delivery of goods. There are mostly two types of intermodal transportation, namely, intermodal freight transportation and intermodal passenger transportation.
Global Intermodal Freight Transportation Market Dynamics

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.

High investments in infrastructure are required to ship goods over intermodal transportation. Investments include the installation of gantry cranes and other heavy-duty cranes needed to lift the cranes at different ports while changing the mode of transport.
Segment Analysis of the Global Intermodal Freight Transportation Market

Rail-road segment is dominating the market for the intermodal freight transportation market. The railway system needs less fuel than road transport. So, intermodal shipping lowers costs and contributes to a greener environment. Intermodal transportation is efficiently executed by regions, such as the Asia-Pacific, where the transportation infrastructures comprise extended and efficient networks of roadways and railways and are surrounded by the oceans.
Regional Insights of the Intermodal Freight Transportation Market

Region-wise, North America held the largest share of the intermodal freight transportation market because of the rise in transportation by the railroad which is the most convenient mode of intermodal transport for freight. The US is the largest contributor to this regional market. Europe is predicted to be the fastest increasing market for global intermodal freight transportation owing to the rapid adoption of intermodal freight transportation in this region.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Intermodal Freight Transportation Market dynamics, structure by identifying and analyzing the market segments and project the global market size.

Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence.
Global Intermodal Freight Transportation Market, Key Highlights:

• Global Intermodal Freight Transportation Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Intermodal Freight Transportation Market

• Global Intermodal Freight Transportation Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Global Intermodal Freight Transportation Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Global Intermodal Freight Transportation Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Intermodal Freight Transportation Market are also profiled.

The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.
Scope of the Global Intermodal Freight Transportation Market: Inquire before buying

Global Intermodal Freight Transportation Market, by Solution

• Warehousing
• Trucking Software
• Fleet Management
o Fuel management
o Driver Safety
o Vehicle Tracking
o Journey management
o Others
• Intermodal Dispatch
o Brokerage
o Depot system integration
o Order management
o Billing and Settlement
o EDI
o Others
• Freight Security
o Baggage scanners
o Cargo/vehicle scanner
o Liquid threat scanners
o Others
• Intermodal Terminal
o Port (marine terminal)
o Airport
o Cross-dock facility
o Rail yard
o Others
Global Intermodal Freight Transportation Market, by Services

• Consulting services
• Managed services
• Customization services
Global Intermodal Freight Transportation Market, by Modes

• Rail-road
• Road-water
• Road-air
• Others
Global Intermodal Freight Transportation Market, by Verticals

• Consumer and retail
• Oil and gas
• Industrial and manufacturing
• Energy and mining
• Food and beverages
• Aerospace and defense
• Construction
• Chemicals
• Pharmaceuticals and healthcare
• Others
Global Intermodal Freight Transportation Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Intermodal Freight Transportation Market Key Player

• 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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