The rail freight transport market in Europe is expected to reach 5.29 billion USD; Evolving Opportunities with Baltic Rail AS and BLS Ltd — Technavio

NEW YORK, October 10, 2022 /PRNewswire/ — The rail freight transport market size in Europe should grow by $5.29 billion, accelerating at a CAGR of 1.36% between 2021 and 2026. The report identifies Baltic Rail AS, BLS Ltd, DB Schenker, Deutsche Bahn AG, Direct Rail Services Ltd and Freightliner Group Ltd as the major vendors in the market. The report provides a detailed analysis of market size, major vendors, new product launches, successful growth strategies adopted by dominating players, and much more. Download Sample PDF Report Now to understand the scope of our full report.

Technavio has announced its latest market research report titled Europe Rail Freight Transport Market 2022-2026

The market is driven by increasing investments in the market. In order to improve connectivity and ensure the smooth movement of goods and passengers, the governments of Europe invest in the development of rail infrastructure. The market is also witnessing an increase in supplier investment in the modernization of rail networks and the introduction of high-capacity fast freight trains. For example, the government in At the European Railway Summit of Paris in August 2022, 33 railway companies from 24 European countries have signed a contract. The companies, which included infrastructure owners as well as passenger and freight carriers, agreed to reduce greenhouse gas emissions associated with trains by 30% below 2015 levels by 2030. According to EU target, energy efficiency should be increased by 25%, and rail should be carbon neutral by 2050. Another target is to significantly increase the amount of railway equipment recycled by 2030. Such developments are expected to drive the growth of the market over the forecast period.

Main rail freight transport companies in Europe:

  • Baltic Rail AS: The company offers rail freight transport with a regular delivery service within 4 working days.

  • DB Schenker: The Company offers freight rail transportation services such as single wagons, wagon groups for import, export or national rail transportation.

  • Deutsche Bahn AG: The company offers rail freight transport through various types of used DB Cargo AG rail vehicles for sale or hire when they become surplus to requirements.

  • Freightliner Group Ltd: The Company offers rail freight such as intermodal transportation, bulk freight transportation and rail maintenance.

  • PKP CARGO INTERNATIONAL Group: The company offers rail freight transport with international services in Hungary, Slovakiaand Slovenia.

  • BLS AG

  • Direct Rail Services Ltd.

  • GETLINK SE

  • Globalink Logistics DWC LLC

  • Harsco Corp.

  • Hupac Group

  • LINEAS SA

  • NTU and Transalex Network GmbH

  • Rhenus SE and Co. KG

  • SBB Cargo International AG

  • SNCF group

  • THE BOUYGUES GROUP

  • CTL Logistics Group

  • RheinCargo GmbH and Co. KG

  • SNTFM CFR Marfa SA

Europe Area Rail Freight Transport Market Outlook (Revenue, USD Billion, 2021-2026)

Market growth in the international segment has been significant in the market in 2021. Increase in raw materials, items, industrial activities, and supplier innovations are driving the growth of the segment.

Europe Rail Freight Transport Market Outlook (Revenue, USD Billion, 2021-2026)

  • Germany – size and forecast 2021-2026

  • Poland – size and forecast 2021-2026

  • France – size and forecast 2021-2026

  • Italy – size and forecast 2021-2026

  • Rest of Europe – size and forecast 2021-2026

The market will experience strong growth in Germany over the forecast period. The country is the leading exporter of industrial machinery, automobiles, chemicals and household equipment. It is also one of the largest industrial producers of Europe and contributes significantly to the gross domestic product (GDP) of the EU. Additionally, growing manufacturing sector and increasing investment in the food and beverage sector is contributing to the growth of the rail freight transportation market in Germany.

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Related reports:

Scope of the rail freight transport market in Europe

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 1.36%

Market Growth 2022-2026

$5.29 billion

Market structure

Fragmented

Annual growth (%)

0.8

Regional analysis

Germany, Poland, France, Italy and rest of Europe

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Baltic Rail AS, BLS Ltd, DB Schenker, Deutsche Bahn AG, Direct Rail Services Ltd, Freightliner Group Ltd, GETLINK SE, Globalink Logistics DWC LLC, Harsco Corp, Hupac Group, LINEAS SA, NTU and Transalex Network GmbH, PKP CARGO INTERNATIONAL Group , Rhenus SE and Co. KG, SBB Cargo International AG, SNCF Group, THE BOUYGUES GROUP, The CTL Logistics Group, RheinCargo GmbH and Co. KG, and SNTFM CFR Marfa SA

Market dynamics

Parent market analysis, market growth drivers and barriers, analysis of fast and slow growing segments, impact of COVID-19 and future consumer dynamics, and analysis of market conditions for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents:

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Area

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier Landscape

10 Vendor Analysis

11 Appendix

About Technavio

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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Europe Rail Freight Transport Market 2022-2026

Europe Rail Freight Transport Market 2022-2026

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