Global Intermodal Transport Market - 2019-2026

By Author: BHUSHAN
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The global Intermodal Transport market size was valued at USD XX Billion in 2018 and is anticipated to expand at a CAGR of XX % from forecast period of 2019 to 2026. Development of fast track systems in transportation has ensured the smooth flow of products just in case of intermodal transport. Security is one among the main concerns for shippers when it involves transportation. Many railroads have developed automated gate systems at intermodal ramps. AGS systems include optical character recognition, biometric authentication, and high definition video imaging. Such tools are developed to market efficiency while maintaining safety and security. of these developments are facilitating the expansion of the intermodal transport market size.Further, the FMCG sector prefers those transport services that bring products quickly to the market without incurring high costs. As such, this is often another sector that has inclined toward the adoption of intermodal transport thanks to factors like cost efficiency and eco-friendly transport mode. Increased utilization of intermodal is now a neighborhood of the many organizations supply chain ...
... strategies. Kimberly-Clark is one such well-known organization that stresses more on the use of intermodal freight transport in its supply chain. Source: Secondary Databases, Primary Interviews and 99 Report Research AnalysisGlobal Intermodal Transport Industry Dynamics Corporate Shift toward Sustainable Operations Aiding Market Growth: Companies today are more concerned about their sustainability goals. Rapid changes in consumer behavior and increasing environment-consciousness have encouraged corporates to adapt sustainable options and solutions in business operations. This rapidly growing sustainability concept today, not only prevails in production operations but also supply chain operations. Global trade is increasing, and players within the market are focused on reducing their carbon footprints. This has compelled corporates to adopt more eco-friendly solutions altogether possible business operations. Its also facilitated growth within the adoption of intermodal transport by corporates within the market. Such rising environmental awareness is predicted to open up new opportunities for the intermodal transport market over the approaching years.Adoption of Intermodal Transport by Strategic & Transactional Shippers: within the past, strategic & transactional shippers wont to prefer traditional transport modes because of higher reliability. But, thanks to less capacity and better truckload prices, many shippers have now shifted toward the adoption of intermodal transport services. Such a shift has facilitated the expansion of the intermodal transport market space. Strategic shippers that are looking to elongate their cargo transits have found an excellent deal of success in intermodal freight transport.
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Global Intermodal Transport Market - Key Segment -
Global Intermodal Transport Market by Solution –
• Fleet management
• Intermodal dispatch
• Freight security
• Terminals
• Warehousing
• Trucking software
Global Intermodal Transport Market by Application -
• Consumer and retail
• Oil and gas
• Manufacturing Industry
• Energy and Utility
• Mining
• Aviation
• Construction
• Chemicals
• Pharmaceuticals and healthcare
• Food and beverages
• Others

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Global Intermodal Transport Market - Geographical Analysis By geography, the global Intermodal Transport Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).North America dominates the intermodal transport market share in terms of presence, followed by the Asia, thanks to improvements in intermodal shipment visibility and increased demand for intermodal transport from the automotive industry. However, the market in Asia, especially East Asia will grow at the very best rate through 2030.
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Global Intermodal Transport Market -
Competitive Analysis
Some of the key leaders companies in the market include DHL
• DB Schenker
• FedEx
• DSV
• Yusen Logistics
• Kunel+Nagel
• Xpo Logistics
• GE Transportation
• HighJump Software
• TMW Systems
• and Trinium Trucking Systems.

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