APAC Rail Freight Transport Market in the Railway Industry | Impact and analysis of COVID-19 | Technavio

According to Technavio, China contributes the highest incremental growth of 75% of the APAC rail freight transport market during the forecast period.

Aurizon Holdings Ltd., Indian Railways and Japan Freight Railway Co. are the three major players in the rail freight transport market in the APAC region.

NEW YORK, July 20, 2021 / PRNewswire / –

Technavio announced its latest market research report titled APAC Rail Freight Transportation Market by Transportation Mode and Geography – Forecast and Analysis 2021-2025

“The increased investment in the market and the low cost of rail freight services will further drive the growth of the market during the forecast period,” said a senior analyst at Technavio.

Technavio offers up-to-date analysis regarding the current global market scenario and overall market environment.
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Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the epidemic’s immediate impact is varied. COVID-19 will have an impact on the rail freight transport market in APAC at par. According to Technavio’s pandemic-focused market research, the market growth is expected to increase in 2021 compared to 2020.

The APAC rail freight transport market in the railway industry is expected to grow by $ 9.14 billion, growing at a CAGR of 2.87% during 2021-2025, according to the new report from Technavio. The report offers up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

APAC Region Freight Rail Market 2021-2025: Highlights

  • Market CAGR during the forecast period 2021-2025

  • Detailed information on the factors that will contribute to the growth of the Asia-Pacific rail freight transport market over the next five years

  • Estimation of the size of the rail freight transport market in APAC and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the rail freight transport market in APAC

  • Market competitive landscape analysis and detailed supplier information

  • Complete details of factors that will challenge the growth of APAC Rail Freight Transportation Market vendors

APAC Region Freight Rail Transportation Market 2021-2025: Analysis and Scope of Suppliers

To help companies improve their position in the market, Technavio provides detailed analysis of around 25 vendors operating in the APAC Rail Freight Transportation market. Aurizon Holdings Ltd., China State Railway Group Co. Ltd., Indian Railways, Japan Freight Railway Co., KiwiRail Ltd., OBB-Holding AG, Pacific National Group, PT Kereta Api Indonesia (Persero), Qube Holdings Ltd., and Twentieth Super Pace Nominees Pty Ltd. are some of the major players in the market.

  • Rail freight transport market in APAC size

  • Rail freight transport market in APAC trends

  • Rail Freight Transportation Market in APAC Industry Analysis

This study identifies the emergence of digitization in rail freight services as one of the main reasons for the growth of the rail freight transport market in APAC in the coming years.

To learn more about global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41559

Reasons to buy the report:

  • Take advantage of the latest data mapping technological advancements

  • Find more in-depth market insights and forecast information on current market developments.

  • Discover insights into the main drivers of market acceleration.

  • Identify potential threats to market growth.

  • Understand the impact of trends that may positively or negatively influence the growth of the market.

Main topics covered:

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About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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Report link: https://www.technavio.com/report/rail-freight-transportation-market-in-apac-industry-analysis

Technavio (PRNewsfoto / Technavio)

Technavio (PRNewsfoto / Technavio)

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