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North America Rail Freight Transportation Market 2023-2027

Publisher TechNavio
Published Feb 28, 2023
Length 158 Pages
SKU # INF17808296

Description

Rail Freight Transportation Market in North America 2023-2027

Technavio has been monitoring the rail freight transportation market in North America and is forecast to decline by $ 42.88 bn during 2022-2027, decelerating at a CAGR of 7.47% during the forecast period. Our report on the rail freight transportation market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by low transportation cost of freight, increasing investments in rail transportation, and increase in cross-border trades.

Technavio's rail freight transportation market in North America is segmented as below:

By End-user
  • Petroleum and chemical
  • Coal
  • Metals and minerals
  • Agriculture products
  • Others
By Mode of Transportation
  • Freight cars
  • Tank wagons
  • Intermodals
By Geography
  • US
  • Canada
  • Mexico
This study identifies the increasing use of artificial intelligence (AI) in rail infrastructure technology as one of the prime reasons driving the rail freight transportation market growth during the next few years. Also, increasing demand for freight rail network and increasing investment in high-speed rail links will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the rail freight transportation market in North America covers the following areas:
  • Rail freight transportation market sizing
  • Rail freight transportation market forecast
  • Rail freight transportation market analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rail freight transportation market vendors that include Berkshire Hathaway Inc., Brookfield Business Partners LP, Canadian National Railway Co., Canadian Pacific Railway Ltd., CSX Corp., DB Schenker, Deutsche Post AG, DSV AS, GeoMetrix Rail Logistics Inc., Grupo Mexico SAB de CV, Harsco Corp., Hub Group Inc., Kerry Logistics Network Ltd., Norfolk Southern Corp., Patriot Rail Co., RSI Logistics Inc., Union Pacific Corp., United Parcel Service Inc., VIA Rail Canada Inc., and WSP Global Inc. Also, the rail freight transportation market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

158 Pages
    • Market overview
    • Market ecosystem
    • Market definition
    • Market segment analysis
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
    • Rail freight transportation market in North America 2017 - 2021
    • End-user Segment Analysis 2017 - 2021
    • Mode of Transportation Segment Analysis 2017 - 2021
    • Country Segment Analysis 2017 - 2021
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by End-user
    • Petroleum and chemical - Market size and forecast 2022- 2027
    • Coal - Market size and forecast 2022-2027
    • Metals and minerals - Market size and forecast 2022- 2027
    • Agriculture products - Market size and forecast 2022- 2027
    • Others - Market size and forecast 2022-2027
    • Market opportunity by End-user
    • Market segments
    • Comparison by Mode of Transportation
    • Freight cars - Market size and forecast 2022-2027
    • Tank wagons - Market size and forecast 2022-2027
    • Intermodals - Market size and forecast 2022-2027
    • Market opportunity by Mode of Transportation
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • US - Market size and forecast 2022-2027
    • Canada - Market size and forecast 2022-2027
    • Mexico - Market size and forecast 2022-2027
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market trends
    • Overview
    • Vendor landscape
    • Landscape disruption
    • Industry risks
    • Vendors covered
    • Market positioning of vendors
    • Berkshire Hathaway Inc.
    • Brookfield Business Partners LP
    • Canadian National Railway Co.
    • Canadian Pacific Railway Ltd.
    • CSX Corp.
    • DB Schenker
    • Deutsche Post AG
    • GeoMetrix Rail Logistics Inc.
    • Grupo Mexico SAB de CV
    • Hub Group Inc.
    • Norfolk Southern Corp.
    • Patriot Rail Co.
    • RSI Logistics Inc.
    • Union Pacific Corp.
    • VIA Rail Canada Inc.
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

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