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

The global 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 Segments Include:

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 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 rail freight market in 2021.

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.

TBRC’s rail freight market report covers:

Major 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.

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

The Rail Freight 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 rail freight market overviews, analyzes and forecasts market size, share, rail freight market players, rail freight market segments and geographies, leading competitor revenues, profiles and market shares.

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

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