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Intermodal Freight Transportation Market Report by Component (Software, Service), Transportation Mode (Rail and Road Transport, Air and Road Transport, Maritime and Road Transport, and Others), End User (Industrial and Manufacturing, Oil and Gas, Consumer and Retail, Food and Beverage, Construction, and Others), and Region 2023-2028
Market Report I 2023-07-05 I 148 Pages I IMARC Group
Market Overview:
The global intermodal freight transportation market size reached US$ 46.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 116.72 Billion by 2028, exhibiting a growth rate (CAGR) of 16.30% during 2023-2028. The escalating demand for intermodal freight transportation across the industrial sector, continual advancements in transport infrastructure and the advent of digital freight brokerage services and autonomous trucks represent some of the key factors driving the market.
Intermodal freight transportation is a logistical strategy that involves moving cargo using multiple modes of transportation, such as rail, ship, and truck, without handling the freight itself when changing modes. The primary goal of this system is to combine the strengths and capitalize on the efficiencies of various transportation methods to deliver goods from origin to destination in a cost-effective, efficient, and environmentally friendly manner. The method allows for a streamlined, consistent transportation process that integrates a flexible distribution chain, thus making it an increasingly preferred method for freight shipment. Additionally, it is often container-based or facilitated by standardized containers, making the switch between sea, rail, and road transport effortless. It has significant applications in various sectors, including manufacturing, retail, food and beverages, chemical, and others, where large-scale transportation of goods is necessary, and efficiency and time-effectiveness are paramount.
Intermodal Freight Transportation Market Trends:
The escalating demand for intermodal freight transportation across the industrial sector majorly drives the global market. This can be supported by the growing consumer inclination toward intermodal freight transportation over traditional freight transport methods due to its cost-effectiveness and efficiency. Along with this, continual advancements in transport infrastructure across the globe, rapid globalization and international trade, and the rising need for a reliable, efficient, and sustainable freight transport system are significantly supporting the market. This transport method also reduces cargo handling, thereby improving security and reducing damages and losses, which is creating a positive market outlook. In addition, the market is witnessing several emerging trends, such as the incorporation of advanced tracking and tracing systems for freight, which aids in improving the visibility and efficiency of freight transportation, thereby influencing demand. In addition to this, the increasing environmental awareness has also led to heightened demand for intermodal freight transportation as it is a much more environmentally friendly method compared to the alternatives, as it effectively reduces the carbon footprint associated with goods transportation. Also, governments across the globe are investing in transport infrastructure development, including intermodal terminals and efficient road and rail networks, which is augmenting the market growth. Apart from this, the advent of digital freight brokerage services and autonomous trucks, offering new opportunities for companies in the freight transportation market, are also contributing to the market. With these advancements and trends, the global intermodal freight transportation market is creating a positive market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global intermodal freight transportation market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on component, transportation mode, and end user.
Component Insights:
Software
Service
The report has provided a detailed breakup and analysis of the intermodal freight transportation market based on the component. This includes software and service.
Transportation Mode Insights:
Rail and Road Transport
Air and Road Transport
Maritime and Road Transport
Others
A detailed breakup and analysis of the intermodal freight transportation market based on the transportation mode has also been provided in the report. This includes rail and road transport, air and road transport, maritime and road transport, and others. According to the report, rail and road transport accounted for the largest market share.
End User Insights:
Industrial and Manufacturing
Oil and Gas
Consumer and Retail
Food and Beverage
Construction
Others
The report has provided a detailed breakup and analysis of the intermodal freight transportation market based on the end user. This includes industrial and manufacturing, oil and gas, consumer and retail, food and beverage, construction, and others. According to the report, industrial and manufacturing represented the largest segment.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for intermodal freight transportation. Some of the factors driving the North America intermodal freight transportation market included favorable government regulations, continual technological advancements, rapid urbanization, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global intermodal freight transportation market. Detailed profiles of all major companies have been provided. Some of the companies covered include A.P. Moller - Mrsk A/S, Cognizant, Deutsche Bahn AG, Elemica Inc., Envase Technologies (WiseTech Global), Hub Group Inc., J.B. Hunt Transport Services Inc., Korber AG, Kuehne + Nagel International AG, The Descartes Systems Group Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the global intermodal freight transportation market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global intermodal freight transportation market?
What is the impact of each driver, restraint, and opportunity on the global intermodal freight transportation market?
What are the key regional markets?
Which countries represent the most attractive intermodal freight transportation market?
What is the breakup of the market based on the component?
Which is the most attractive component in the intermodal freight transportation market?
What is the breakup of the market based on the transportation mode?
Which is the most attractive transportation mode in the intermodal freight transportation market?
What is the breakup of the market based on the end user?
Which is the most attractive end user in the intermodal freight transportation market?
What is the competitive structure of the global intermodal freight transportation market?
Who are the key players/companies in the global intermodal freight transportation market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Intermodal Freight Transportation Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Software
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Service
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Transportation Mode
7.1 Rail and Road Transport
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Air and Road Transport
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Maritime and Road Transport
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by End User
8.1 Industrial and Manufacturing
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Oil and Gas
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Consumer and Retail
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Food and Beverage
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Construction
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
10.1 Overview
10.2 Drivers
10.3 Restraints
10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 A.P. Moller - Mrsk A/S
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Cognizant
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Deutsche Bahn AG
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 SWOT Analysis
14.3.4 Elemica Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Envase Technologies (WiseTech Global)
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Hub Group Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 J.B. Hunt Transport Services Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Korber AG
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Kuehne + Nagel International AG
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 The Descartes Systems Group Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
Figure 1: Global: Intermodal Freight Transportation Market: Major Drivers and Challenges
Figure 2: Global: Intermodal Freight Transportation Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Intermodal Freight Transportation Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Intermodal Freight Transportation Market: Breakup by Component (in %), 2022
Figure 5: Global: Intermodal Freight Transportation Market: Breakup by Transportation Mode (in %), 2022
Figure 6: Global: Intermodal Freight Transportation Market: Breakup by End User (in %), 2022
Figure 7: Global: Intermodal Freight Transportation Market: Breakup by Region (in %), 2022
Figure 8: Global: Intermodal Freight Transportation (Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Intermodal Freight Transportation (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Intermodal Freight Transportation (Service) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Intermodal Freight Transportation (Service) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Intermodal Freight Transportation (Rail and Road Transport) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Intermodal Freight Transportation (Rail and Road Transport) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Intermodal Freight Transportation (Air and Road Transport) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Intermodal Freight Transportation (Air and Road Transport) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Intermodal Freight Transportation (Maritime and Road Transport) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Intermodal Freight Transportation (Maritime and Road Transport) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Intermodal Freight Transportation (Other Transportation Modes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Intermodal Freight Transportation (Other Transportation Modes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Intermodal Freight Transportation (Industrial and Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Intermodal Freight Transportation (Industrial and Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Intermodal Freight Transportation (Oil and Gas) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Intermodal Freight Transportation (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Intermodal Freight Transportation (Consumer and Retail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Intermodal Freight Transportation (Consumer and Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Intermodal Freight Transportation (Food and Beverage) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Intermodal Freight Transportation (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Intermodal Freight Transportation (Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Intermodal Freight Transportation (Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Intermodal Freight Transportation (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Intermodal Freight Transportation (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: North America: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: North America: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: United States: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: United States: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Canada: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Canada: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Asia-Pacific: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Asia-Pacific: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: China: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: China: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Japan: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Japan: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: India: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: India: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: South Korea: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: South Korea: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Australia: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Australia: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Indonesia: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Indonesia: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Others: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Others: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Europe: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Europe: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Germany: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Germany: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: France: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: France: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: United Kingdom: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: United Kingdom: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Italy: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Italy: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Spain: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Spain: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Russia: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Russia: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Latin America: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Latin America: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Brazil: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Brazil: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Mexico: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Mexico: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Middle East and Africa: Intermodal Freight Transportation Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Middle East and Africa: Intermodal Freight Transportation Market: Breakup by Country (in %), 2022
Figure 80: Middle East and Africa: Intermodal Freight Transportation Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Global: Intermodal Freight Transportation Industry: Drivers, Restraints, and Opportunities
Figure 82: Global: Intermodal Freight Transportation Industry: Value Chain Analysis
Figure 83: Global: Intermodal Freight Transportation Industry: Porter's Five Forces Analysis
Table 1: Global: Intermodal Freight Transportation Market: Key Industry Highlights, 2022 & 2028
Table 2: Global: Intermodal Freight Transportation Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Intermodal Freight Transportation Market Forecast: Breakup by Transportation Mode (in Million US$), 2023-2028
Table 4: Global: Intermodal Freight Transportation Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 5: Global: Intermodal Freight Transportation Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Intermodal Freight Transportation Market: Competitive Structure
Table 7: Global: Intermodal Freight Transportation Market: Key Players
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