Japan Rail Freight Transport Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)
Japan Rail Freight Transport Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)
Japan Rail Freight Transport Market is Segmented By Service Type (Intermodal, Tank wagons, Freight cars, Refrigerated cars, Logistics, Others), By End-User Industry (Chemical, Automotive, Energy, Construction, Food & Beverages, Others), By Distance (500-1000 km, 1000-1500 km, 1500-2000 km, 2000-2500 km, 2500-3000 km, Above 3000 km), By Rail Network (Shinkansen, Conventional Lines, Regional Lines, Freight Lines, Private Lines, Others). The report offers the value (in USD billion) for the above-mentioned segments.
Japan Rail Freight Transport Market is Segmented By Service Type (Intermodal, Tank wagons, Freight c...
Japan Rail Freight Transport Market Size - Analysis
The Japan Rail Freight Transport market size was valued at US$ 7.8 billion in 2023 and is expected to reach US$ 10.6 billion by 2030, grow at a compound annual growth rate (CAGR) of 4.1% from 2023 to 2030.
Japan Rail Freight Transport Market Analysis
Rail freight transport involves the movement of goods and cargo via rail networks. It is a cost-effective and environment-friendly solution for transporting bulk commodities and finished products across long distances. The key advantages of rail freight include lower costs, reduced carbon emissions, and ability to transport heavy loads over long distances.
The growth of the Japan rail freight market is driven by rising demand for intermodal transport, government support for rail infrastructure, and focus on reducing carbon emissions. The Japan Rail Freight Transport Market is segmented by service type, end-user industry, distance, and rail network. By service type, the market is segmented into intermodal, tank wagons, freight cars, refrigerated cars, logistics, and others. The intermodal segment is expected to grow significantly owing to the rising containerization and integration of rail with other modes like sea and road.
Market Size in USD Bn
CAGR4.1%
Study Period
2023 - 2030
Base Year of Estimation
2022
CAGR
4.1%
Larget Market
Japan
Market Concentration
High
Major Players
Meitetsu Transportation, Kintetsu Railway, Freight Transport of JR Hokkaido, Freight Transport of JR Shikoku, Freight Transport of JR Central and Among Others
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
Want to purchase customized report? please let us know !
Japan Rail Freight Transport Market Trends
Focus on Cold Chain and Temperature-Controlled Logistics: Rail freight operators are enhancing transport solutions for perishables, biologics and chemicals requiring temperature control. They are deploying refrigerated cars and developing cold chain facilities at rail hubs. Sensors and telemetry are used to monitor cargo conditions in real-time. Demand for cold chain rail services is growing from the Japanese food, pharmaceutical and chemical industries. Focus on ensuring product integrity and safety drives this emerging trend.
Supply Chain Digitalization and Big Data: Railroad companies are leveraging supply chain digitalization through solutions like blockchain, IoT and control towers. These provide real-time shipment visibility and data sharing across the ecosystem. Predictive analytics using AI and machine learning optimizes network capacity and asset utilization. Big data analytics also enables dynamic pricing and billing, automated bookings and better customer service. Digitalization provides enhanced efficiency, transparency and service quality.
Figure 1. Japan Rail Freight Transport Market Share (%)
Competitive overview of Japan Rail Freight Transport Market
Meitetsu Transportation, Kintetsu Railway, Freight Transport of JR Hokkaido, Freight Transport of JR Shikoku, Freight Transport of JR Central, Japan Freight Railway Company, West Japan Railway Company, Freight Transport of JR East, Freight Transport of JR West, Freight Transport of JR Kyushu, Japan Freight Railway Company, Nagoya Railroad, Seino Transportation, Keihan Electric Railway, Keisei Electric Railway, Odakyu Electric Railway, Tobu Railway, Seibu Railway, East Japan Railway Company, Kyushu Railway Company
Japan Rail Freight Transport Market Leaders
Meitetsu Transportation
Kintetsu Railway
Freight Transport of JR Hokkaido
Freight Transport of JR Shikoku
Freight Transport of JR Central
*Disclaimer: Major players are listed in no particular order.
Japan Rail Freight Transport Market - Competitive Rivalry
Japan Rail Freight Transport Market
Market Consolidated (Dominated by major players)
Market Fragmented (Highly competitive with lots of players.)
*Source: Coherent Market Insights
Recent Developments in Japan Rail Freight Transport Market
The Japan rail freight transport market is driven by rising industrial production and manufacturing activity in the country. However, high costs of rail freight services compared to road transportation and stiff competition from trucking and shipping industries are major restraining factors. Growing e-commerce sector resulting in increased parcel traffic offers an opportunity to leverage rail networks for first and last-mile delivery. Adoption of electric and dual-mode locomotives can help reduce operating expenses and carbon footprint. Collaboration with ports to develop inland container depots and freight villages will help improve rail connectivity for import-export logistics.
In March 2021, Hitachi Rail launched its Cargo suspension technology optimized for rail freight transportation to provide more comfort and reliability. The technology improves stability and controls vibrations.
In January 2022, Knorr-Bremse introduced its new generation compressors and dryers for rail freight applications to meet energy efficiency requirements. The products reduce lifecycle costs.
In June 2020, Greenbrier introduced advanced double-stack intermodal railcars called Greenbrier Maxi-Stack to expand its offerings. It has increased vertical clearance and loading capacity.
Japan Rail Freight Transport Market Report - Table of Contents
Table of Contents
Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Service Type
Market Snippet, By End-User Industry
Market Snippet, By Distance
Market Snippet, By Rail Network
Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Cost Efficiency Over Road Transportation
Restraints
High Upfront Infrastructure Costs
Opportunities
Overseas Market Expansion
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
Japan Rail Freight Transport Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
Japan Rail Freight Transport Market , By Service Type, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Intermodal
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Tank wagons
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Freight Cars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Refrigerated Cars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Logistics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Japan Rail Freight Transport Market , By End-User Industry, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018– 2030
Country Trends
Chemical
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Automotive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Energy
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Construction
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Food & Beverages
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Japan Rail Freight Transport Market , By Distance, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018– 2030
Country Trends
500-1000 km
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
1000-1500 km
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
1500-2000 km
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
2000-2500 km
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
2500-3000
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Above 3000 km
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Japan Rail Freight Transport Market , By Rail Network, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018– 2030
Country Trends
Shinkansen
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Conventional Lines
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Regional Lines
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Freight Lines
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Private Lines
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Competitive Landscape
Meitetsu Transportation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Kintetsu Railway
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Freight Transport of JR Hokkaido
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Freight Transport of JR Shikoku
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Freight Transport of JR Central
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Freight Transport of JR Central
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Japan Freight Railway Company
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
West Japan Railway Company
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Freight Transport of JR East
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Freight Transport of JR West
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Freight Transport of JR Kyushu
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Japan Freight Railway Company
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Nagoya Railroad
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Seino Transportation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Keihan Electric Railway
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Keisei Electric Railway
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Odakyu Electric Railway
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Tobu Railway
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Seibu Railway
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
East Japan Railway Company
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Kyushu Railway Company
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Japan Rail Freight Transport Market Segmentation
By Service Type
Intermodal
Tank wagons
Freight cars
Refrigerated cars
Logistics
Others
By End-User Industry
Chemical, Automotive
Energy
Construction
Food & Beverages,
Others
By Distance
500-1000 km
1000-1500 km
1500-2000 km
2000-2500 km
2500-3000 km
Above 3000 km
By Rail Network
Shinkansen
Conventional Lines
Regional Lines
Freight Lines
Private Lines
Others
Would you like to explore the option of buying individual sections of this report?
About author
Gautam Mahajan is a Research Consultant with 5+ years of experience in market research and consulting. He excels in analyzing market engineering, market trends, competitive landscapes, and technological developments. He specializes in both primary and secondary research, as well as strategic consulting across diverse sectors.
Frequently Asked Questions :
What are the key factors hampering growth of the Japan Rail Freight Transport Market?
High capital costs, infrastructure limitations, competition from road transport, regulatory issues, lack of flexibility in routes.
What are the major factors driving the Japan Rail Freight Transport Market growth?
Cost efficiency, government support, focus on reducing emissions, technology integration, increasing intermodal transport.
Which is the leading component segment in the Japan Rail Freight Transport Market?
The intermodal segment is the leading segment in the Japan Rail Freight Transport Market owing to rising containerization.
Which are the major players operating in the Japan Rail Freight Transport Market?
Meitetsu Transportation, Kintetsu Railway, Freight Transport of JR Hokkaido, Freight Transport of JR Shikoku, Freight Transport of JR Central, Japan Freight Railway Company, West Japan Railway Company, Freight Transport of JR East, Freight Transport of JR West, Freight Transport of JR Kyushu, Japan Freight Railway Company, Nagoya Railroad, Seino Transportation, Keihan Electric Railway, Keisei Electric Railway, Odakyu Electric Railway, Tobu Railway, Seibu Railway, East Japan Railway Company, Kyushu Railway Companyare the major players.
What will be the CAGR of Japan Rail Freight Transport Market?
The CAGR of the Japan Rail Freight Transport Market is projected to be 4.1% from 2023 to 2030.
What are the drivers of the Japan Rail Freight Transport Market?
The key drivers are cost efficiency, environmental benefits, government support, technology integration, rising intermodal transport.
Missing comfort of reading report in your local language? Find your preferred language :