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Freight Cars Global Market Report 2021: COVID-19 Impact and Recovery to 2030

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    Report

  • May 2021
  • Region: Global
  • The Business Research Company
  • ID: 5323126
Freight Cars Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global freight cars market as it emerges from the COVID-19 shut down.







Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the freight cars ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Freight Car market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider freight cars market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The freight cars market section of the report gives context. It compares the freight cars market with other segments of the freight cars market by size and growth, historic and forecast.

Scope

Markets Covered:

1) By Type: Intermodals; Tank Wagons; Freight Cars2) By Application: Coal; Petroleum and Chemicals; Metals and Minerals; Automobiles; Agricultural Products; Others 3) By End-Use Industries: Agriculture; Construction; Oil & Gas; Chemical; Medical & Pharmaceuticals; Food & Beverages; Government & Defense; Automotive & Transportation; Marine

Companies Mentioned: CN Railway; DB Schenker; SBB Cargo; Union Pacific; Kansas City Southern

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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Frequently Asked Questions about the Global Freight Cars Market

What is the estimated value of the Global Freight Cars Market?

The Global Freight Cars Market was estimated to be valued at $148.87 billion in 2021.

What is the growth rate of the Global Freight Cars Market?

The growth rate of the Global Freight Cars Market is 6.7%, with an estimated value of $193 billion by 2025.

What is the forecasted size of the Global Freight Cars Market?

The Global Freight Cars Market is estimated to be worth $193 billion by 2025.

Who are the key companies in the Global Freight Cars Market?

Key companies in the Global Freight Cars Market include CN Railway, DB Schenker, SBB Cargo, Union Pacific, Kansas City Southern, CSX Corporation, Norfolk Southern Corporation and Linfox Pty Ltd.

Table of Contents

1. Executive Summary2. Freight Cars Market Characteristics3. Freight Cars Market Trends and Strategies4. Impact of COVID-19 on Freight Cars
5. Freight Cars Market Size and Growth
5.1. Global Freight Cars Historic Market, 2015-2020, $ Billion
5.1.1. Drivers of the Market
5.1.2. Restraints on the Market
5.2. Global Freight Cars Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers of the Market
5.2.2. Restraints on the Market
6. Freight Cars Market Segmentation
6.1. Global Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Intermodals
  • Tank Wagons
  • Freight Cars
6.2. Global Freight Cars Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Coal
  • Petroleum and Chemicals
  • Metals and Minerals
  • Automobiles
  • Agricultural Products
  • Others
6.3. Global Freight Cars Market, Segmentation by End-Use Industries, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Agriculture
  • Construction
  • Oil & Gas
  • Chemical
  • Medical & Pharmaceuticals
  • Food & Beverages
  • Government & Defense
  • Automotive & Transportation
  • Marine

7. Freight Cars Market Regional and Country Analysis
7.1. Global Freight Cars Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Freight Cars Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8. Asia-Pacific Freight Cars Market
8.1. Asia-Pacific Freight Cars Market Overview
  • Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
9. China Freight Cars Market
9.1. China Freight Cars Market Overview
9.2. China Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
10. India Freight Cars Market
10.1. India Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11. Japan Freight Cars Market
11.1. Japan Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12. Australia Freight Cars Market
12.1. Australia Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13. Indonesia Freight Cars Market
13.1. Indonesia Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14. South Korea Freight Cars Market
14.1. South Korea Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15. Western Europe Freight Cars Market
15.1. Western Europe Freight Cars Market Overview
15.2. Western Europe Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16. UK Freight Cars Market
16.1. UK Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17. Germany Freight Cars Market
17.1. Germany Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18. France Freight Cars Market
18.3. France Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19. Eastern Europe Freight Cars Market
19.1. Eastern Europe Freight Cars Market Overview
19.2. Eastern Europe Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20. Russia Freight Cars Market
20.1. Russia Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21. North America Freight Cars Market
21.1. North America Freight Cars Market Overview
21.2. North America Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22. USA Freight Cars Market
22.1. USA Freight Cars Market Overview
22.2. USA Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23. South America Freight Cars Market
23.1. South America Freight Cars Market Overview
23.2. South America Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24. Brazil Freight Cars Market
24.1. Brazil Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25. Middle East Freight Cars Market
25.1. Middle East Freight Cars Market Overview
25.2. Middle East Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26. Africa Freight Cars Market
26.1. Africa Freight Cars Market Overview
26.2. Africa Freight Cars Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
27. Freight Cars Market Competitive Landscape and Company Profiles
27.1. Freight Cars Market Competitive Landscape
27.2. Freight Cars Market Company Profiles
27.2.1. CN Railway
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. DB Schenker
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. SBB Cargo
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Union Pacific
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Kansas City Southern
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
29. Key Mergers and Acquisitions in the Freight Cars Market29. Freight Cars Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer

Executive Summary

Major players in the freight cars market are CN Railway, DB Schenker, Union Pacific, Kansas City Southern, CSX Corporation, Norfolk Southern Corporation, Housatonic Railroad Company, and Linfox Pty Ltd.

The global freight cars market is expected to grow from $135.32 billion in 2020 to $148.87 billion in 2021 at a compound annual growth rate (CAGR) of 10%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $193 billion in 2025 at a CAGR of 6.7%.

The freight cars market consists of sales of freight cars rail freight transportation services and related goods by entities (organizations, sole traders, and partnerships) that provide the transportation of freight in a freight car. Freight Cars are a type of railroad cars or rolling stock that are designed to transport goods on a rail transport system. Only goods and services traded between entities or sold to end consumers are included.

Freight cars are now enabled with GPS tracking and this likely to be an emerging trend in the freight cars market. The efficiency of freight cars transport will be augmented with the use of advanced GPS technologies. Incorporation of GPS technologies into freight cars by rail operators helps in managing the transport process, scheduling of freight cars, maintain a consistent delivery process, and reduction in theft of goods from the freight cars. For instance, in 2019, Indian Railways began real-time monitoring of over 700 trains (passenger and freight), using The Control Office Application (COA) system. The COA was designed by ISRO after collaborating with the Indian Railways to monitor the movement of freight cars even between two stations with GPS. Therefore demand for freight cars is expected to be increased with the incorporation of certain criteria such as real-time data and on-time deliveries.

The freight cars market covered in this report is segmented by type into intermodals; tank wagons; freight cars. It is also segmented by application into coal; petroleum and chemicals; metals and minerals; automobiles; agricultural products; others.

In July 2019, The Greenbrier Companies, Inc, a leading international supplier of equipment and services to the freight rail transportation markets, acquired the manufacturing business of American Railcar Industries (ARI) from ITE Management for an undisclosed amount. ITE Management is an investment firm that operates industrial and transportation assets and companies. The acquisition will strengthen Greenbrier’s position in product offering in tank cars and covered hoppers and expand its customer base. The acquisition will also extend Greenbrier's reputation in design leadership and quality in the North American freight cars market.

Government initiatives are expected to boost the freight cars market growth. For instance, in 2019, the Indian government has taken initiatives to make rail freight more attractive through long term tariff contract with major customers, providing incentives to container traffic, tariff rationalisation initiatives, the launch of schemes such as the General Purpose Wagon Investment Scheme (GPWIS), Liberalised Wagon Investment Scheme (LWIS), Special Freight Train Operator (SFTO), and Automobiles Freight Train Operator (AFTO), and others. Investments in railway infrastructure has also been looked into by the Government of India by making investor-friendly policies and enabling Foreign Direct Investment in railways to improve infrastructure for freight and high-speed trains. Also similar instance, in 2019, the UK government launched a velocity improvement initiative which does the continuous analysis of freight services focused on commodity and flow in close collaboration with freight operators. Therefore the steps taken by the government to increase the rail freight will increase the demand for freight cars market growth during the period.

Stringent regulation regarding import and export is one of the major challenges to the freight car market growth. Rail freight transportation would decrease as a result of strict rules over trade which would decrease the demand for freight cars. In October 2017, the Lang Son Customs Department of Vietnam posed strict rules on the importation of goods to control smuggling and frauds from China to Vietnam. In 2020, the Customs department of India imposed stringent rules on free-trade agreement import of white goods to check undue dumping of these commodities under FTAs from non-producing countries. It aims to check misuse of relaxation under free-trade agreements. India is also keen to implement new planned regulations to boost local manufacturing by reducing imports and the move is primarily aimed at slashing the amount of lower-quality imports from China. Therefore stringent rules posed by the government over trade are expected to hinder the freight car market growth during the forecast period.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • CN Railway
  • DB Schenker
  • SBB Cargo
  • Union Pacific
  • Kansas City Southern
  • CSX Corporation
  • Norfolk Southern Corporation
  • Housatonic Railroad Company
  • Linfox Pty Ltd

Methodology

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