Learn about the global freight cars market through The Business Research Company, which provides information on freight cars market size, freight cars market drivers and restraints, freight cars market players, the COVID-19 impact on the freight cars market, and more.

The global freight cars market size is expected to grow from $137.85 billion in 2021 to $143.51 billion in 2022 at a compound annual growth rate (CAGR) of 4.1%. The freight cars market is then expected to grow to $178.57 billion in 2026 at a CAGR of 5.6%.

The steps taken by the government to increase the rail freight will increase the demand for freight cars market growth during the period.

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The freight cars market consists of sales of freight cars rail freight transportation services and related goods by entities (organizations, sole traders, and partnerships) that provide the transportation of freight in a freight car. Freight Cars are a type of railroad car or rolling stock that are designed to transport goods on a rail transport system. Only goods and services traded between entities or sold to end consumers are included.

Global Freight Cars Market Segments Include:

By Type: Intermodals, Tank Wagons, Freight Cars

By Application: Coal, Petroleum and Chemicals, Metals and Minerals, Automobiles, Agricultural Products, Others

By End-Use Industries: Agriculture, Construction, Oil and Gas, Chemical, Medical and Pharmaceuticals, Food and Beverages, Government and Defense, Automotive and Transportation, Marine

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the freight cars market in 2021.

Freight cars are now enabled with GPS tracking and this is likely to be an emerging trend in the freight cars market. The efficiency of freight cars transport will be augmented with the use of advanced GPS technologies. The incorporation of GPS technologies into freight cars by rail operators helps in managing the transport process, scheduling freight cars, maintaining a consistent delivery process, and reducing the theft of goods from the freight cars.

TBRC’s freight cars market report covers:

Major Market Players: CN Railway, DB Schenker, Union Pacific, Kansas City Southern, CSX Corporation, Norfolk Southern Corporation, Housatonic Railroad Company, and Linfox Pty Ltd.

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.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Freight Cars Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides freight cars market overviews, analyzes and forecasts market size, share, freight cars market players, freight cars market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s freight cars market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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