Global Intermodal Transportation Market – Industry Trends and Forecast to 2029

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Intermodal Transportation Market Analysis and Size

The increased growth of domestic intermodal transports, increasing need of safe, reliable and efficient transportation systems, favorable trade policies, and containerization permitting easy handling of goods are some factors that will accelerate the growth of the intermodal transportation market. As a result, the intermodal transportation market will further propel over the forecast period.

Global intermodal transportation market was valued at USD 25390.20 million in 2021 and is expected to reach USD 73450.53 million by 2029, registering a CAGR of 14.20% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Report Scope and Market Segmentation

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Market Definition

The intermodal transportation refers to the freight movement of the transport from A point to B point by using several means or modes. Each of these means of transport are associated with a unique supplier and thus an individual contractor as well by the variation in the methods such as train, plane, truck, ships, boats and others. These help in initiating enhanced supply of the goods by the various industries. Thus, the market is projected to show a significant growth over the forecasted period.

Global Intermodal Transportation Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Accelerating shift towards sustainable operations

The organizations recently have been concerned for their sustainability goals across the globe. The rising need to reduce the carbon emissions and footprints are also on high rise. Rapid changes in consumer behavior can be seen in terms of increased environmental consciousness which is also prevailing in the supply chain segments of the organizations and various end-users. Therefore, implementing intermodal transportation solutions will further propel the market's growth by efficient and safe supply of the goods.

• Surging need for efficient intermodal transportation system

The governments around the world have played a significant role in the business through rules and programmes aimed at deploying transportation services as a substantial component of their infrastructure. In the intermodal transportation market, the developing nations have been deployed by various transporting vehicles such as trains, cargo and others to supply raw materials and finished goods for various end-user industries. Additionally, governments of developing nations like China, South Korea, Dubai, India, Singapore, and Japan aim for the economic growth of their nations. Therefore, the market is largely accelerating owing to the global demand for efficient intermodal transportation systems.

Additionally, the shifting preferences is anticipated to drive the growth rate of the intermodal transportation market during the forecasted period.

Opportunities

• Adoption by various Strategic and Transactional shippers

The increased adoption by various strategic and transactional shippers is further estimated to generate lucrative opportunities for the market, which will further expand the intermodal transportation market’s growth rate in the future. The shifting preference of strategic and transactional shippers from traditional to intermodal transportation systems due to less capacity and higher truckload prices have been further projected to increase the market growth.

• Increased Investments

The growing investment in environmentally friendly and sustainable technologies further offer numerous growth opportunities to the intermodal transportation market.

Restraints/Challenges

• High Implementation Costs

The cost is one of the factors that affects how quickly a market expands, and high implementation costs might slow that expansion. The investments by the organizations in trade and travel units, the smaller as well as medium enterprises, and the advancements in the transportation systems. Therefore, the high costs as well as the investments required are further expected to obstruct market growth over the forecast period.

This intermodal transportation market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the intermodal transportation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Intermodal Transportation Market Scope

The intermodal transportation market is segmented on the basis of solutions, services, mode, vertical and ownership. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Solution

• Fleet Management
• Fuel management
• Driver safety
• Vehicle tracking
• Journey management
• Others
• Intermodal Dispatch
• Brokerage
• Depot System Integration
• Order management
• Billing and Settlement
• Edi
• Others
• Freight Security
• Baggage scanner
• Cargo/Vehicle scanners
• Liquid Threat scanners
• Others
• Intermodal Terminals
• Marine terminals
• Airport terminals
• Cross-Dock facility
• Rail yard
• Others
• Trucking Software
• Warehouse
• Others

Service

• Consulting Service
• Managed Service
• Customization Service

Mode

• Rail-Road
• Road-Water
• Road-Air
• Others

Vertical

• Consumer and Retail
• Oil and Gas
• Manufacturing Industry
• Energy and Utility
• Mining
• Aviation
• Construction
• Chemicals
• Pharmaceutical and Healthcare
• Food and Beverages
• Others

Ownership

• Asset Owned
• Manufacturers
• Trade Integrators

Intermodal Transportation Market Regional Analysis/Insights

The intermodal transportation market is analyzed and market size insights and trends are provided by solutions, services, mode, vertical and ownership as referenced above.

The countries covered in the intermodal transportation market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the intermodal transportation market because of the growing prevalence of improved transportation facilities. Moreover, the increased disposable incomes in the developing economies is further estimated to accelerate the expansion over the forecast period.

Europe is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rising adoption of the intermodal transportation systems in developing economies such as India, China, and Korea within the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Intermodal Transportation Market Share Analysis

The intermodal transportation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to intermodal transportation market.

Some of the major players operating in the intermodal transportation market are

• Deutsche Post AG (Germany)
• DB Schenker (Germany)
• FedEx (U.S.)
• DSV (Denmark)
• YUSEN LOGISTICS CO., LTD. (Japan)
• Kuehne+Nagel (Switzerland)
• XPO Logistics, Inc. (U.S.)
• Evans Delivery Company, Inc. (U.S.)
• Hub Group, Inc. (U.S.)
• Swift Transportation Company (U.S.)
• GENERAL ELECTRIC (U.S.)
• HighJump. (U.S.)
• TMW Unlimited (U.K.)
• Trinium Technologies (U.S.)
• THE DESCARTES SYSTEMS GROUP INC (U.S.)
• Cognizant (U.S.)
• IBM (U.S.)
• A.P. Moller – Maersk (Denmark)

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