Intermodal Freight Transportation Market worth $26.19 Billion by 2019 – Reports by MarketsandMarkets™


Posted December 20, 2018 by hiteshpawar7359

[142 Pages Report] 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

 
According to the new market research report “Intermodal Freight Transportation Market by Solutions (Fleet Management, Intermodal Dispatch, Freight Security, Intermodal Terminals, Trucking Software, Warehousing), & by Services (Truck-Rail, Truck-Water, Truck-Air) – Worldwide Forecast & Analysis (2014 – 2019) ” segments the global market into various sub-segments with an in-depth analysis and forecasting of revenues. It also identifies the drivers and restraints for this market with insights into trends, opportunities, and challenges.
[142 Pages Report] 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 research report categorizes the global intermodal freight transportation market to forecast the revenues and analyze the trends in each of the following submarkets.
On the basis of solutions:
• Warehousing
• Trucking Software
• Fleet Management
1. Fuel management
2. Driver Safety
3. Vehicle Tracking
4. Journey management
5. Others
• Intermodal Dispatch
1. Brokerage
2. Depot system integration
3. Order management
4. Billing and Settlement
5. EDI
6. Others
• Freight Security
1. Baggage scanners
2. Cargo/vehicle scanner
3. Liquid threat scanners
4. Others
• Intermodal Terminal
1. Port (marine terminal)
2. Airport
3. Cross-dock facility
4. Rail yard
5. Others
On the basis of services:
1. Consulting services
2. Managed services
3. Customization services
On the basis of modes:
1. Rail-road
2. Road-water
3. Road-air
4. Others
On the basis of verticals:
1. Consumer and retail
2. Oil and gas
3. Industrial and manufacturing
4. Energy and mining
5. Food and beverages
6. Aerospace and defense
7. Construction
8. Chemicals
9. Pharmaceuticals and healthcare
10. Others
On the basis of regions:
1. North America
2. Europe
3. Asia-Pacific (APAC)
4. Middle East and Africa (MEA)
5. Latin America (LA)
Freight transportation plays a vital role in the development of any economy. The overall freight transportation system has evolved due to various technological advancements (containerization, vehicle tracking, route manage optimizers, and liquid threat scanners) over the years. Each of the transportation modes be it air, land or water have been influenced and molded to be more cost effective, efficient, and reliable.

Browse and in-depth TOC on “Intermodal Freight Transportation Market”
85 - Tables
53 - Figures
142 - Pages
Analysis (2014-2019)
Ask for PDF Brochure: Intermodal Freight Transportation Market

The increased need for more reliable, safe, and efficient transportation and growth of domestic intermodal transportation market are playing a major role in shaping the future of the intermodal freight transportation market. As the transportation industry is booming globally, the standards for transportation has drastically enhanced. Organizations need to deliver goods as quickly as possible, without any damage and at minimum cost. Because of these requirements, the transportation industry is witnessing dramatic technological changes, intermodal being one of them. The introduction of containerization has permitted easy handling and has eliminated the concept of repackaging while change of modes. However, the lack of intermodal transportation knowledge and training is restraining the rapid growth of this market. The growth of domestic intermodal transportation market especially in North America is pushing the overall growth of intermodal freight transportation. According to IANA (Intermodal Association of North America) statistics, the intermodal traffic is expected to rise from 1.2 % in the first quarter to 3.2 percent in the second in 2014.

MarketsandMarkets has segmented the global intermodal freight transportation market by solutions: fleet management, intermodal dispatch, freight security, terminals, warehousing, and trucking software; by services: consulting, managed, and customization services; by modes: rail-road, road-water, road-air, and others; by verticals: consumer and retail, oil and gas, industrial and manufacturing, energy and mining, aerospace anddefense, construction, chemicals, pharmaceuticals and healthcare, food and beverages, and others; and by regions: North America (NA), Asia-Pacific (APAC), Europe (EU), Middle East and Africa (MEA), and Latin America (LA). The biggest player of this market who contributes to the major share includeIBM, Aljex Software, Cognizant, GE Transportation, HighJump Software, Motorola Solutions, Profit Tools, TMW Systems, and Trinium Trucking Systems.

The major forces driving this market are accelerated adoption of containerization, need for more reliable, safe and efficient transportation system, and growth in domestic intermodal transportation market. The prime opportunity which is expected to boost this market is adoption of multimodal transportation and Geospatial Intermodal Freight Transportation (GIFT).

MarketsandMarkets expects that the 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. This represents an estimated Compound Annual Growth Rate (CAGR) of 16.4% from 2014 to 2019. In the current scenario, NA is expected to be the biggest market on the basis of spending and adoption of the intermodal freight transportation market.

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Issued By MarketsandMarkets™
Country United States
Categories Technology , Transportation
Tags intermodal freight transportation market , multimodal transportation market
Last Updated December 20, 2018