Lewes, DE -- (SBWire) -- 02/22/2016 --Report forecast the rail freight transportation market in Europe to grow at a CAGR of 5.36% during the period 2016-2020.
Rail freight transportation is used for the movement of heavy goods such as coal, metals, and oils. Often, rail freight service providers go beyond logistics and provide value-added services such as loading and unloading, documentation services, door-to-door delivery, and packaging. They also provide strategic and operational value to many shippers worldwide. Freight service providers are improving logistics services by introducing innovative supply chain management.
There are various kinds of rail freight transportation, which can be categorized into three different types:
- Train
- Intermodal container
- Specialized train
The report covers the present scenario and the growth prospects of the rail freight transportation market in Europe for 2015-2020.
The market is divided into the following segments based on application:
- Intermodal
- Wagon
- Freight cars
- Locomotives
According to the report, interoperability makes it easy for different railway networks to work with each other, which in turn helps international trains to provide better and safer services when they change national networks. Its ability to aid in the planning of train paths with minimal stoppages coupled with its ability to help different information technology systems and software applications to communicate and exchange data with each other will result in market growth during the forecast period.
Further, the report states that many specialized products require locomotives for transportation, which are not easily available. Hence, incompatibility for some goods restricts the market growth.
Rail Freight Transportation Market in Europe 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the Rail Freight Transportation Market in Europe: CFR Marfa, DB Schenker, PKP Cargo, SBB Cargo and SNCF Geodis.
Other Prominent Vendors in the market are: Baltic Rail, BLS Cargo, Colas Rail, Direct Rail Services, Europorte, Move Intermodal, Freightliner, Globalink Logistics Group, Harsco Rail, Pol-Rail, Rhenus Logistics, Stobart Rail, Trainose and TRANSALEX International.
Market driver
- Interoperability in European railways
- For a full, detailed list, view our report
Market challenge
- Incompatibility for some goods
- For a full, detailed list, view our report
Market trend
- Use of big data in railways
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 57 pages and 33 Exhibit "Rail Freight Transportation Market in Europe 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/rail-freight-transportation-market-europe-2016-2020
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