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LONDON, GREATER LONDON, UK, September 7, 2019 /EINPresswire.com/ -- According to the global rail industry outlook, the rail freight market expected to reach a value of nearly $159.06 billion by 2022, significantly growing at a CAGR of 14.6% during the forecast period. The growth in the rail freight market is due to developing infrastructure and adoption of advanced technologies. However, the market for rail freight is expected to face certain restraints from several factors such as restrictions imposed on foreign entry and other barriers.

The rail freight transportation market consists of sales of rail freight transportation services by entities (organizations, sole traders and partnerships) that provide the carriage of goods from a point of loading, or goods station, to a point of unloading, again a station capable of handling the loading and unloading of the goods carried. These goods are generally heavy in bulk and of low value in relation to their bulk. Examples include coal, building materials, iron and steel.

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The global rail freight market is further segmented based on type and geography.
By Type - The rail freight market is segmented into intermodals, tank wagons, and freight cars.
By Geography - The global rail freight is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific’s rail freight market accounts for the largest share in the global rail freight market.

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Trends In The Rail Freight Market
Tracking and tracing systems of rail freight using GPS and GSM helps the transportation organizations to overcome the rail freight transportation drawbacks such as lost and theft. It provides full-fledged security and monetarization of freights and more effective and efficient freight transportation over short distances for smaller loads. ViWaS project equipped with smart telematics systems in Europe has introduced tracking technology in rail freight.

Potential Opportunities In The Rail Freight Market
With increasing technological advances, the scope and potential for the global rail freight market is expected to significantly rise in the forecast period.

Major players in the rail freight market include CN Railway, SBB Cargo, SNCF, DB Schenker, and Duetsche Bahn AG.
Rail Freight Global Market Report 2019 is one of a series of new reports from The Business Research Company that provides rail freight market overviews, analyzes and forecasts rail freight market size and growth for the global rail freight market, rail freight market share, rail freight market players, rail freight market size, rail freight market segments and geographies, rail freight market trends, rail freight market drivers and rail freight market restraints, rail freight market’s leading competitors’ revenues, profiles and market shares. The rail freight market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More

Read Rail Freight Global Market Report 2019 from The Business Research Company for information on the following:
Markets Covered: global rail freight market

Data Segmentations: rail freight market size, global and by country; historic and forecast size, and growth rates for the world, 7 regions and 12 countries

Rail Freight Market Organizations Covered: CN Railway, SBB Cargo, SNCF, DB Schenker, and Duetsche Bahn AG

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Time Series: Five years historic (2014-18) and forecast (2018-22).

Other Information And Analyses: PESTEL analysis, rail freight market customer information, rail freight market product/service analysis – product examples, rail freight market trends and opportunities, drivers and restraints, key mergers and acquisitions, key metrics covered: number of enterprises, number of employees, global rail freight market in 2019 - countries offering most new opportunities

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Rail Freight Industry: The report explains a number of strategies for companies in the rail freight market, based on industry trends and company analysis.

Opportunities For Companies In The Rail Freight Sector: The report reveals where the global rail freight industry will put on most $ sales up to 2022.

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