The Global Intermodal Freight Transportation Market is forecast to reach USD 73.38 Billion by 2026, according to a new report by Reports and Data. Intermodal freight transport includes the transportation of freight in an intermodal container or vehicle, using more than one mode of transportation like rail, truck, and ship, without any direct handling of the freight itself when changing modes. The non-invasive method reduces cargo handling, and so reduces damage and loss, improves security, and allows freight to be transported faster. Reduction costs over road trucking is the key convenience for inter-continental use. This can be offset by reduced timings for road transport over shorter distances.

The colossal rise in trailer and good container traffic across the nations have played a major role in the growth of the freight handling market, and this has developed over the past few years greatly owing to the increased demand from the end-users to transport their products safely. The rise in import and export of products have also influenced the market causing significant growth in regional, domestic, and international logistics. The thriving industrial sectors and the expanding supply chains are promoting the growth of the market.

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Further key findings from the report suggest

• Fleet management segment is supposed to experience a CAGR of 7.2% during the forecast period. Fleet management is the management of goods, equipment, and commercial vehicles such as cars, vans, trucks, specialist vehicles, forklifts, and trailers, which are growing further with the increase in demand.
• Minerals and ores segment held the largest market share of 27.3% in the year 2018. This is owing to the increase in trade and construction activities. These materials are mainly transported via rail, and hence intermodal freight transportation facilities are highly employed.
• Industrial and manufacturing segment held the largest market share of 21.6% in the year 2018. This is because of the high locomotion of materials and minerals using transport systems. Mining activities, as well as construction, activates correspondingly, increase the market growth of freight transportation.
• Asia Pacific is forecasted to experience a CAGR of 6.8% during the forecast period. Countries like Japan, China, and India are rapidly catching up with the growth in the intermodal freight transport market. 

Competitive Landscape:

Competitive landscape of global Intermodal Freight Transportation market is quite fragmented with regional and global key players. These market players are involved in various strategies including mergers and acquisitions, collaborations, new product launches or corporate deals to retain their market position and expand their product portfolio.

some leading companies operating in the global Intermodal Freight Transportation market:

A.P. Moller – Maersk, C.H. ROBINSON, Aljex Software Inc., GE Transportation, Cognizant, Deutsche Bahn, Deutsche Post DHL Group, Kuehne + Nagel, UPS, Trinium Trucking Systems (IAS), among others.

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The global market is further segmented into type and application:

Product Type Outlook (Revenue, USD Billion; 2016-2026)

• Minerals and ores
• Food and farm products
• Equipment and instruments
• Chemicals
• Others

Solution Type Outlook (Revenue, USD Billion; 2016-2026)

• Fleet Management
• Intermodal Dispatch
• Freight Security
• Intermodal Terminals
• Trucking Software
• Warehousing
• Others

End-Users Outlook (Revenue, USD Billion; 2016-2026)

• Oil and Gas
• Aerospace and Defense
• Industrial and Manufacturing
• Construction
• Chemical
• Food and Beverages
• Healthcare
• Others

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
• Latin America (Brazil, Rest of LATAM)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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