Intermodal freight transport involves the transportation of freight in an intermodal container or vehicle, using multiple modes of transportation (e.g., rail, ship, and truck), without any handling of the freight itself when changing modes. The method reduces cargo handling, and so improves security, reduces damage and loss, and allows freight to be transported faster. Reduced costs over road trucking is the key benefit for inter-continental use. This may be offset by reduced timings for road transport over shorter distances. In 2017, North America held the largest share of the Intermodal Freight Transportation market owing to increase in transportation by railroad which is the most convenient mode of intermodal transport for freight. The U.S is the largest contributor in this regional market. Europe is expected to be the fastest growing market for global Intermodal Freight Transportation owing to the rapid adoption of intermodal freight transportation in this region. All these factors are expected to increase the demand for the Intermodal Freight Transportation market during the forecast period from 2020- 2023. In 2020, the global Intermodal Freight Transportation market size was xx million US$ and it is expected to reach xx million US$ by the end of 2027, with a CAGR of xx% between 2021 and 2027. This report studies the Intermodal Freight Transportation market size by players, regions, product types and end industries, history data 2017-2020 and forecast data 2020-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. This report focuses on the global top players, covered
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The study objectives of this report are:
In this study, the years considered to estimate the market size of Intermodal Freight Transportation are as follows: History Year: 2017-2020 Base Year: 2020 Estimated Year: 2020 Forecast Year 2021 to 2027 For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Available Customizations With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report: Further breakdown of Intermodal Freight Transportation market on basis of the key contributing countries. Detailed analysis and profiling of additional market players.
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