Lewes, DE -- (SBWIRE) -- 01/19/2017 -- Report forecast the rail freight transportation market in Europe to grow at a CAGR of 2.75% during the period 2017-2021.

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, 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 (SCM).

The report covers the present scenario and the growth prospects of the rail freight transportation market in Europe for 2017-2021. To calculate the market size, the report considers the rail freight services provided by vendors in Europe.

According to the report, one of the major drivers for this market is increased growth in rail freight route between Asia and Europe, expected to grow by 30% in 2021. The imported and exported goods that were transported on the Europe-China rail route together accounted for $7.5 billion in 2015. European companies that have a production base in China use rail networks to transport goods back to European countries. The first rail freight route between Beijing and Hamburg was introduced in 2008. Since then, China has opened rail freight services to Europe in 15 cities.

Further, the report states that one of the major factors hindering the growth of this market is poor maintenance of railway networks resulting in less sustainability and profitability. Railway networks need to be maintained and modernized constantly to meet rail freight-specific needs and provide good quality service to customers. Despite the large investments and many infrastructure development strategies, rail freight lines continue to lack proper maintenance. This has resulted in speed restrictions and the closure of railway lines.

Rail Freight Transportation Market in Europe 2017-2021, 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.

Other Prominent Vendors in the market are: Baltic Rail, BLS Cargo, Colas Rail, Direct Rail Services, Europorte, Freightliner Group, Globalink Logistics Group, Harsco Rail, Rhenus Logistics, and TRANSALEX International.

Market driver
- Increased growth in rail freight route between Asia and Europe, expected to grow by 30% in 2021
- For a full, detailed list, view our report

Market challenge
- Poor maintenance of railway networks resulting in less sustainability and profitability
- For a full, detailed list, view our report

Market trend
- Use of big data analytics in European rail freight
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 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 72 pages and 36 Exhibits "Rail Freight Transportation Market in Europe 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation, 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-2017-2021

Related Reports;

Third Party Logistics Market in Europe 2017-2021 - Visit at - http://www.marketresearchreports.com/technavio/third-party-logistics-market-europe-2017-2021

Third Party Logistics Market in China 2017-2021 - Visit at - http://www.marketresearchreports.com/technavio/third-party-logistics-market-china-2017-2021

About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions