Pune, India, April 09, 2019 -- /360iResearch/ -- The report "Global Intermodal Freight Transportation Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025 (Q1 2019 Update)", published by 360iResearch, states that the global market was valued at USD 21.85 billion in 2018 and is projected to reach USD 52.85 billion by 2025, growing at a CAGR of 13.44% from 2018 to 2025.
The major forces driving the growth of the intermodal freight transportation market include the need for reliable, safe, and efficient multimodal transportation and containerization allowing easy handling of goods. Moreover, technological advances to transport freight faster and cheaper across the globe and favorable trade policies are also some of the factors that are driving the market growth. However certain factors such as the limited knowledge and training to manage and handle intermodal transportation may hinder the market growth. In the middle of difficulty lies opportunity such as the growing popularity of geospatial intermodal freight transportation, increasing use of electronic logging devices, and intelligent transport systems and logistics. The possible challenges for the market growth is underdeveloped infrastructure. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on mode, the global intermodal freight transportation market is studied across Truck–Air, Truck–Rail, and Truck–Water. Based on service, the global intermodal freight transportation market is studied across Consulting Service, Customization Service, and Managed Service. Based on solution, the global intermodal freight transportation market is studied across Fleet Management, Freight Security, Intermodal Dispatch, Intermodal Terminals, Trucking Software, and Warehousing. Based on industry, the global intermodal freight transportation market is studied across Aerospace & Defense, Chemicals, Construction, Consumer Goods & Retail, Energy & Mining, Food & Beverages, Healthcare & Pharmaceuticals, Industrial, Manufacturing, and Oil & Gas. Based on geography, the global intermodal freight transportation market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.
The report features a competitive scenario of the intermodal freight transportation market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are A.P. Møller - Mærsk A/S, Aljex Software, Inc., Cognizant Worldwide Limited, Deutsche Bahn AG, Envio, Inc., GE Transportation, HighJump, International Business Machines Corporation, Kuehne + Nagel International AG, Motorola Solutions, Inc., TMW Systems, Inc., and Trinium Technologies – WiseTech Global Group.
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