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Freight Cars Global Market Report 2022 – By Type (Intermodals, Tank Wagons, Freight Cars), By Application (Coal, Petroleum And Chemicals, Metals And Minerals, Automobiles, Agricultural Products, Other Applications), By End-Use Industries (Agriculture, Construction, Oil & Gas, Chemical, Medical & Pharmaceuticals, Food & Beverages, Government & Defense, Automotive & Transportation, Marine) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : October 2022 | SKU CODE : | Delivery Time: 2-3 business days | Format :


The freight car 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 car or rolling stock that is designed to transport goods on a rail transport system. Only goods and services traded between entities or sold to end consumers are included.

The main types of freight cars covered in this report are intermodal, tank wagons, and freight cars. A tank waggon is defined as a vehicle that is designed to carry gases or liquids. It is also segmented by application into coal, petroleum and chemicals, metals and minerals, automobiles, agricultural products, and other applications. It is also segmented by end-use industries into agriculture; construction; oil and gas; chemical; medical and pharmaceuticals; food and beverages; government and defense; automotive and transportation; and marine.

The freight car market research report is one of a series of new reports from The Business Research Company that provides freight car market statistics, including freight car industry global market size, regional shares, competitors with a freight car market share, detailed freight car market segments, market trends and opportunities, and any further data you may need to thrive in the freight car industry. This freight car market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global freight cars market grew from $137.85 billion in 2021 to $142.83 billion in 2022 at a compound annual growth rate (CAGR) of 3.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The freight cars market is expected to grow to $172.52 billion in 2016 at a CAGR of 4.8%.

Government initiatives are expected to boost the freight car market's growth. For instance, in 2019, the Indian government has taken initiatives to make rail freight more attractive through long-term tariff contracts with major customers, providing incentives to container traffic, tariff rationalisation initiatives, the launch of schemes such as the General Purpose Wagon Investment Scheme (GPWIS), Liberalized Wagon Investment Scheme (LWIS), Special Freight Train Operator (SFTO), and Automobile Freight Train Operator (AFTO), and other applications. Investments in railway infrastructure have 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. In a similar vein, the UK government launched a velocity improvement initiative in 2019 that focuses on continuous commodity and flow analysis of freight services in close collaboration with freight operators. Therefore, the steps taken by the government to increase 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 growth of the freight car market. Rail freight transportation would decrease as a result of strict rules over trade, which would decrease the demand for freight cars. In 2020, the Customs department of India imposed stringent rules on the free-trade agreement import of white goods to check undue dumping of these commodities under FTAs from non-producing countries. It aims to check the misuse of relaxation under free-trade agreements. India is also eager to implement new planned regulations to boost domestic manufacturing by reducing imports, with the goal of reducing 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.

Freight cars are now enabled with GPS tracking and this is likely to be an emerging trend in the freight car market. The efficiency of freight car transport will be augmented with the use of advanced GPS technologies. Rail operators' incorporation of GPS technologies into freight cars aids in managing the transport process, scheduling freight cars, maintaining a consistent delivery process, and reducing freight car theft. 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, the demand for freight cars is expected to be increased with the incorporation of certain criteria such as real-time data and on-time deliveries.

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 offerings in tank cars and covered hoppers and expand its customer base. The acquisition will also extend Greenbrier's reputation for design leadership and quality in the North American freight car market.

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.

Asia Pacific was the largest region in the freight cars market in 2021. North America was the second largest region in the freight cars market. The regions covered in the freight cars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the freight cars market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The global freight cars market is segmented -

1) By Type: Intermodals, Tank Wagons, Freight Cars

2) By Application: Coal, Petroleum And Chemicals, Metals And Minerals, Automobiles, Agricultural Products, Other Applications

3) By End-Use Industries: Agriculture, Construction, Oil & Gas, Chemical, Medical & Pharmaceuticals, Food & Beverages, Government & Defense, Automotive & Transportation, Marine

    Table Of Contents

    1. Executive Summary

    2. Freight Cars Market Characteristics

    3. Freight Cars Market Trends And Strategies

    4. Freight Cars Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Freight Cars Market

    4.2 Ukraine-Russia War Impact On Freight Cars Market

    4.3 Impact Of High Inflation On Freight Cars Market

    5. Freight Cars Market Size And Growth

    5.1. Global Freight Cars Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Freight Cars Forecast Market, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ Billion

    Intermodals

    Tank Wagons

    Freight Cars

    6.2. Global Freight Cars Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Coal

    Petroleum And Chemicals

    Metals And Minerals

    Automobiles

    Agricultural Products

    Other Applications

    6.3. Global Freight Cars Market, Segmentation By End-Use Industries, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Freight Cars Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Freight Cars Market

    10.1. India Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Freight Cars Market

    11.1. Japan Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Freight Cars Market

    12.1. Australia Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Freight Cars Market

    13.1. Indonesia Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Freight Cars Market

    14.1. South Korea Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Freight Cars Market

    16.1. UK Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Freight Cars Market

    17.1. Germany Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Freight Cars Market

    18.3. France Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Freight Cars Market

    20.1. Russia Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Freight Cars Market

    24.1. Brazil Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ 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 Market

    29. Freight Cars Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Freight Cars Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Freight Cars Market, Segmentation By End-Use Industries, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Freight Cars Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Freight Cars Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: China, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: India, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: Japan, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: Australia, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: Indonesia, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: South Korea, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Western Europe, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: UK, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Germany, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: France, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Eastern Europe, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Russia, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: North America, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: USA, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: South America, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Brazil, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: Middle East, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Africa, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: CN Railway Financial Performance
  • Table 28: DB Schenker Financial Performance
  • Table 29: SBB Cargo Financial Performance
  • Table 30: Union Pacific Financial Performance
  • Table 31: Kansas City Southern Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Figure 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Figure 3: Global Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 4: Global Freight Cars Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 5: Global Freight Cars Market, Segmentation By End-Use Industries, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 6: Global Freight Cars Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 7: Global Freight Cars Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 8: Asia-Pacific, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 9: China, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 10: India, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 11: Japan, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 12: Australia, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 13: Indonesia, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 14: South Korea, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 15: Western Europe, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 16: UK, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 17: Germany, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 18: France, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 19: Eastern Europe, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 20: Russia, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 21: North America, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 22: USA, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 23: South America, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 24: Brazil, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 25: Middle East, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 26: Africa, Freight Cars Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 27: CN Railway Financial Performance
  • Figure 28: DB Schenker Financial Performance
  • Figure 29: SBB Cargo Financial Performance
  • Figure 30: Union Pacific Financial Performance
  • Figure 31: Kansas City Southern Financial Performance
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