North America Rail Freight Transportation Market 2023-2027

List of Tables

Rail Freight Transportation Market in North America 2023-2027

Technavio has been monitoring the rail freight transportation market in North America and is forecast to decline by $ 42.88 bn during 2022-2027, decelerating at a CAGR of 7.47% during the forecast period. Our report on the rail freight transportation market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by low transportation cost of freight, increasing investments in rail transportation, and increase in cross-border trades.

Technavio's rail freight transportation market in North America is segmented as below:

By End-user

Petroleum and chemical
Coal
Metals and minerals
Agriculture products
Others

By Mode of Transportation

Freight cars
Tank wagons
Intermodals

By Geography

US
Canada
Mexico

This study identifies the increasing use of artificial intelligence (AI) in rail infrastructure technology as one of the prime reasons driving the rail freight transportation market growth during the next few years. Also, increasing demand for freight rail network and increasing investment in high-speed rail links will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the rail freight transportation market in North America covers the following areas:

Rail freight transportation market sizing
Rail freight transportation market forecast
Rail freight transportation market analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rail freight transportation market vendors that include Berkshire Hathaway Inc., Brookfield Business Partners LP, Canadian National Railway Co., Canadian Pacific Railway Ltd., CSX Corp., DB Schenker, Deutsche Post AG, DSV AS, GeoMetrix Rail Logistics Inc., Grupo Mexico SAB de CV, Harsco Corp., Hub Group Inc., Kerry Logistics Network Ltd., Norfolk Southern Corp., Patriot Rail Co., RSI Logistics Inc., Union Pacific Corp., United Parcel Service Inc., VIA Rail Canada Inc., and WSP Global Inc. Also, the rail freight transportation market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR75033

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Mode of Transportation
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on North America: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)

4 Historic Market Size

4.1 Rail freight transportation market in North America 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Rail freight transportation market in North America 2017 - 2021 ($ billion)
4.2 End-user Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - End-user Segment 2017 - 2021 ($ billion)
4.3 Mode of transportations Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Mode of transportations Segment 2017 - 2021 ($ billion)
4.4 Country Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 22: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 23: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 24: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 25: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 26: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 27: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 28: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 29: Chart on End-user - Market share 2022-2027 (%)
Exhibit 30: Data Table on End-user - Market share 2022-2027 (%)
6.2 Comparison by End-user
Exhibit 31: Chart on Comparison by End-user
Exhibit 32: Data Table on Comparison by End-user
6.3 Petroleum and chemical - Market size and forecast 2022-2027
Exhibit 33: Chart on Petroleum and chemical - Market size and forecast 2022-2027 ($ billion)
Exhibit 34: Data Table on Petroleum and chemical - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Chart on Petroleum and chemical - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Petroleum and chemical - Year-over-year growth 2022-2027 (%)
6.4 Coal - Market size and forecast 2022-2027
Exhibit 37: Chart on Coal - Market size and forecast 2022-2027 ($ billion)
Exhibit 38: Data Table on Coal - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Chart on Coal - Year-over-year growth 2022-2027 (%)
Exhibit 40: Data Table on Coal - Year-over-year growth 2022-2027 (%)
6.5 Metals and minerals - Market size and forecast 2022-2027
Exhibit 41: Chart on Metals and minerals - Market size and forecast 2022-2027 ($ billion)
Exhibit 42: Data Table on Metals and minerals - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Chart on Metals and minerals - Year-over-year growth 2022-2027 (%)
Exhibit 44: Data Table on Metals and minerals - Year-over-year growth 2022-2027 (%)
6.6 Agriculture products - Market size and forecast 2022-2027
Exhibit 45: Chart on Agriculture products - Market size and forecast 2022-2027 ($ billion)
Exhibit 46: Data Table on Agriculture products - Market size and forecast 2022-2027 ($ billion)
Exhibit 47: Chart on Agriculture products - Year-over-year growth 2022-2027 (%)
Exhibit 48: Data Table on Agriculture products - Year-over-year growth 2022-2027 (%)
6.7 Others - Market size and forecast 2022-2027
Exhibit 49: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 50: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 51: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 52: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.8 Market opportunity by End-user
Exhibit 53: Market opportunity by End-user ($ billion)
Exhibit 54: Data Table on Market opportunity by End-user ($ billion)

7 Market Segmentation by Mode of Transportation

7.1 Market segments
Exhibit 55: Chart on Mode of Transportation - Market share 2022-2027 (%)
Exhibit 56: Data Table on Mode of Transportation - Market share 2022-2027 (%)
7.2 Comparison by Mode of Transportation
Exhibit 57: Chart on Comparison by Mode of Transportation
Exhibit 58: Data Table on Comparison by Mode of Transportation
7.3 Freight cars - Market size and forecast 2022-2027
Exhibit 59: Chart on Freight cars - Market size and forecast 2022-2027 ($ billion)
Exhibit 60: Data Table on Freight cars - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Chart on Freight cars - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Freight cars - Year-over-year growth 2022-2027 (%)
7.4 Tank wagons - Market size and forecast 2022-2027
Exhibit 63: Chart on Tank wagons - Market size and forecast 2022-2027 ($ billion)
Exhibit 64: Data Table on Tank wagons - Market size and forecast 2022-2027 ($ billion)
Exhibit 65: Chart on Tank wagons - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Tank wagons - Year-over-year growth 2022-2027 (%)
7.5 Intermodals - Market size and forecast 2022-2027
Exhibit 67: Chart on Intermodals - Market size and forecast 2022-2027 ($ billion)
Exhibit 68: Data Table on Intermodals - Market size and forecast 2022-2027 ($ billion)
Exhibit 69: Chart on Intermodals - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on Intermodals - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Mode of Transportation
Exhibit 71: Market opportunity by Mode of Transportation ($ billion)
Exhibit 72: Data Table on Market opportunity by Mode of Transportation ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 73: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 74: Chart on Market share by geography - 2022-2027 (%)
Exhibit 75: Data Table on Market share by geography - 2022-2027 (%)
9.2 Geographic comparison
Exhibit 76: Chart on Geographic comparison
Exhibit 77: Data Table on Geographic comparison
9.3 US - Market size and forecast 2022-2027
Exhibit 78: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 79: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 80: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 81: Data Table on US - Year-over-year growth 2022-2027 (%)
9.4 Canada - Market size and forecast 2022-2027
Exhibit 82: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
Exhibit 83: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
Exhibit 84: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 85: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.5 Mexico - Market size and forecast 2022-2027
Exhibit 86: Chart on Mexico - Market size and forecast 2022-2027 ($ billion)
Exhibit 87: Data Table on Mexico - Market size and forecast 2022-2027 ($ billion)
Exhibit 88: Chart on Mexico - Year-over-year growth 2022-2027 (%)
Exhibit 89: Data Table on Mexico - Year-over-year growth 2022-2027 (%)
9.6 Market opportunity by geography
Exhibit 90: Market opportunity by geography ($ billion)
Exhibit 91: Data Table on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 92: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 93: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 94: Overview on factors of disruption
11.4 Industry risks
Exhibit 95: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 96: Vendors covered
12.2 Market positioning of vendors
Exhibit 97: Matrix on vendor position and classification
12.3 Berkshire Hathaway Inc.
Exhibit 98: Berkshire Hathaway Inc. - Overview
Exhibit 99: Berkshire Hathaway Inc. - Business segments
Exhibit 100: Berkshire Hathaway Inc. - Key news
Exhibit 101: Berkshire Hathaway Inc. - Key offerings
Exhibit 102: Berkshire Hathaway Inc. - Segment focus
12.4 Brookfield Business Partners LP
Exhibit 103: Brookfield Business Partners LP - Overview
Exhibit 104: Brookfield Business Partners LP - Business segments
Exhibit 105: Brookfield Business Partners LP - Key offerings
Exhibit 106: Brookfield Business Partners LP - Segment focus
12.5 Canadian National Railway Co.
Exhibit 107: Canadian National Railway Co. - Overview
Exhibit 108: Canadian National Railway Co. - Product / Service
Exhibit 109: Canadian National Railway Co. - Key offerings
12.6 Canadian Pacific Railway Ltd.
Exhibit 110: Canadian Pacific Railway Ltd. - Overview
Exhibit 111: Canadian Pacific Railway Ltd. - Product / Service
Exhibit 112: Canadian Pacific Railway Ltd. - Key offerings
12.7 CSX Corp.
Exhibit 113: CSX Corp. - Overview
Exhibit 114: CSX Corp. - Product / Service
Exhibit 115: CSX Corp. - Key offerings
12.8 DB Schenker
Exhibit 116: DB Schenker - Overview
Exhibit 117: DB Schenker - Business segments
Exhibit 118: DB Schenker - Key offerings
Exhibit 119: DB Schenker - Segment focus
12.9 Deutsche Post AG
Exhibit 120: Deutsche Post AG - Overview
Exhibit 121: Deutsche Post AG - Product / Service
Exhibit 122: Deutsche Post AG - Key news
Exhibit 123: Deutsche Post AG - Key offerings
12.10 GeoMetrix Rail Logistics Inc.
Exhibit 124: GeoMetrix Rail Logistics Inc. - Overview
Exhibit 125: GeoMetrix Rail Logistics Inc. - Product / Service
Exhibit 126: GeoMetrix Rail Logistics Inc. - Key offerings
12.11 Grupo Mexico SAB de CV
Exhibit 127: Grupo Mexico SAB de CV - Overview
Exhibit 128: Grupo Mexico SAB de CV - Business segments
Exhibit 129: Grupo Mexico SAB de CV - Key offerings
Exhibit 130: Grupo Mexico SAB de CV - Segment focus
12.12 Hub Group Inc.
Exhibit 131: Hub Group Inc. - Overview
Exhibit 132: Hub Group Inc. - Product / Service
Exhibit 133: Hub Group Inc. - Key offerings
12.13 Norfolk Southern Corp.
Exhibit 134: Norfolk Southern Corp. - Overview
Exhibit 135: Norfolk Southern Corp. - Business segments
Exhibit 136: Norfolk Southern Corp. - Key offerings
Exhibit 137: Norfolk Southern Corp. - Segment focus
12.14 Patriot Rail Co.
Exhibit 138: Patriot Rail Co. - Overview
Exhibit 139: Patriot Rail Co. - Product / Service
Exhibit 140: Patriot Rail Co. - Key offerings
12.15 RSI Logistics Inc.
Exhibit 141: RSI Logistics Inc. - Overview
Exhibit 142: RSI Logistics Inc. - Product / Service
Exhibit 143: RSI Logistics Inc. - Key offerings
12.16 Union Pacific Corp.
Exhibit 144: Union Pacific Corp. - Overview
Exhibit 145: Union Pacific Corp. - Product / Service
Exhibit 146: Union Pacific Corp. - Key offerings
12.17 VIA Rail Canada Inc.
Exhibit 147: VIA Rail Canada Inc. - Overview
Exhibit 148: VIA Rail Canada Inc. - Product / Service
Exhibit 149: VIA Rail Canada Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 150: Inclusions checklist
Exhibit 151: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 152: Currency conversion rates for US$
13.4 Research methodology
Exhibit 153: Research methodology
Exhibit 154: Validation techniques employed for market sizing
Exhibit 155: Information sources
13.5 List of abbreviations
Exhibit 156: List of abbreviations