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://mrr.cm/3Rh
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