鐵路貨物運輸的全球市場 - 成長，趨勢，預測(2019年∼2024年)
Rail Freight Transport Market - Growth, Trends, and Forecast (2019 - 2024)
|出版商||Mordor Intelligence LLP||商品編碼||704915|
|出版日期||內容資訊||英文 300 Pages
|鐵路貨物運輸的全球市場 - 成長，趨勢，預測(2019年∼2024年) Rail Freight Transport Market - Growth, Trends, and Forecast (2019 - 2024)|
|出版日期: 2019年08月01日||內容資訊: 英文 300 Pages||
The global rail freight transport market was valued at USD 302.05 billion in 2018. North America leads the global rail freight market and Asia-Pacific is expected to overtake North America during the forecast period. Moreover, the rise in global trade and various trade agreements are boosting the global trade flows. The non-containerized cargo and liquid bulk dominate the type of cargo transported by rail while the growth of Intermodal transport is boosting the transport of containerized cargo. Intermodal cargo is estimated to witness high growth over the forecast period. Similarly, with the rise in international trade and the countries recognizing the benefits of rail freight transport, the cross-border rail freight transport is gaining huge momentum across different parts of the world. In some regions of Central Asia, Eastern Europe, South Asia, Southeast Asia, and Sub-Saharan Africa characterized by groupings of many small countries, rail freight can increase economic integration by providing access to international and regional markets and connecting landlocked countries.
A complete background analysis of the global rail freight transport market, which includes an assessment of the sector and contribution of sector in the economy, market overview, market size estimation for key segments, key countries and emerging trends in the market segments, market dynamics, and key freight statistics are covered in the report.
Growing Demand for Rail Transport Between China and Europe
In 2018, a total of 6,363 container trains departed between China and Europe, indicating a growth of 73% when compared to 2017. According to China Railway, 59 Chinese cities have rail freight links with 49 European cities in 15 countries. In 2018. rail freight traffic from Europe to Chongqing in China exceeded the traffic in westbound direction for the first time. The number of trains travelling from the European countries to the southwestern Chinese city reached a number of 728, out of a total of 1,442 freight trains in both directions. According to certain sources, the traffic between the Chinese city and Europe witnessed a surge with the volumes having increased by 117%. Westbound traffic between China and Europe had traditionally accounted for a majority of the volumes transported on the New Silk Road. The return of empty containers to China has been a dilemma for operators, as it is a costly procedure, pressing the optimal use of Chinese funding tools. Creating a balance between east- and westbound traffic has been one of the main aims of operators active on the New Silk Road.
Asia-Pacific Leads the Global Project Logistics Market
As per the industry sources, Asia-pacific region leads the current market studied and is also expected to grow significantly above Europe and North America. China is the largest market followed by India. India's rail network is the world's third largest. The Indian Railways' freight traffic increased to 1,159.57 million tons in 2018. Growing industrialization across the entire country has further increased freight traffic over the last decade. The year-on-year growth in the China rail freight volume in 2018 was about 9.1% as per China Railway Corporation. Also, there are environmental concerns with regards to the road trucks, such as the pollution, which is nearly 13 times higher than the per unit cargo transported by trains. Hence, the Chinese government is increasingly focusing to raise its rail freight capacity by raising the volume of goods delivered by train to 30%. In Southeast Asia, major driver for rail freight movement across the region comes from significant improvement in the business climate in most of the ASAEN countries over the last decade. While Vietnam, Philippines and Indonesia are among the fastest growth countries in the region.
The rail freight transport market is moderately consolidated in nature, with a mix of global and local players. According to industry sources, the rail industry is facing huge competition from its similar service providers road and air transporters since last decade. Many countries are heavily investing in the railroad infrastructural developments, especially investments are huge in the Americas and Europe regions. The International companies are holding large amount of market share by acquiring or joining hands with local companies in many regions. In country level, most of the markets seems to be concentrated with the presence of one or two major players. Additionally, in some countries, state-run companies own major share of the market.