The intermodals market size has grown rapidly in recent years. It will grow from $26.49 billion in 2023 to $30.07 billion in 2024 at a compound annual growth rate (CAGR) of 13.5%. The expansion observed in the historical period can be attributed to factors such as the growth of emerging markets, an increase in e-commerce activities, a rise in mining activity, government policies, taxation, and growth in international trade volumes.
The intermodals market size is expected to see rapid growth in the next few years. It will grow to $45.88 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. The anticipated growth in the forecast period can be attributed to factors such as faster economic growth, a focus on sustainability, an emphasis on reducing carbon emissions, and government support. Notable trends expected in the forecast period include the integration of artificial intelligence in intermodal services, a focus on shipment tracking tools, the adoption of advanced driver assistance system (ADAS) technology, an emphasis on digitalization, the implementation of obstacle detection assistance systems, a focus on rail vehicle visibility tools, technological advancements, and an increase in strategic partnerships and collaborations.
The market is expected to be driven by the use of IoT-based intercom systems. These systems leverage the internet, utilizing networking platforms and middleware with embedded sensors, actuators, and other devices for data transmission. The global demand for intercom devices is anticipated to rise with the increasing adoption of IoT technologies. For instance, Fermax, a Spain-based manufacturer of door control, video door control, and access control equipment, introduced a Wi-Fi-enabled product utilizing Microsoft Azure IoT technology in June 2021. This innovation enables Fermax to enhance user experience and provide value-added services directly to its customers.
The growth of smart homes is anticipated to fuel the expansion of intercom systems and equipment. Smart homes, equipped with remotely monitored and controlled devices, utilize intercom systems accessible through smartphones or tablets. These systems facilitate communication between residents, visitor screening at the front door, and access control. According to RubyHome, a US-based real estate company, approximately 63.43 million homes in the US use smart home devices, and a significant majority of homebuyers express willingness to invest in smart homes, driving the growth of the intercom systems and equipment market.
The acceptance of long-term evolution (LTE) technology-based intercoms is gaining traction across industries. LTE, a modern IP communicator, offers high data capabilities for clear voice communication, full HD video streaming, and expedited intercom installation. For example, NTT DATA Corporation, a Japan-based IT consulting company, launched NTT's Private 5G platform (P5G) in August 2021, providing a global private LTE/5G Network-as-a-Service platform. NTT P5G, with its end-to-end service stack, empowers Chief Information Officers and Chief Digital Officers to leverage the benefits of private 5G for addressing business challenges and driving innovation.
Key players in the intercom systems and equipment market are concentrating on product innovation, as seen with products such as IMPW. IMPW is a wireless intercom system designed for critical missions in both civilian and combat scenarios. Savox Communications Ltd., a US-based communication solutions provider, introduced IMPW in September 2023. The system, comprising the Savox IMP system, the Savox WIM (Wireless Interface Module), and Savox WPCUs (Wireless Personal Communication Units), ensures wireless capability, low-power operation, robust encryption, and natural audio features within vehicles or vessels, facilitating seamless collaboration in various situations.
In February 2021, Legrand, a France-based specialist in electrical and digital building infrastructures, acquired the Champion ONE (C1) family of brands from A&M Capital Opportunities. This strategic acquisition by Legrand aims to support the increasing demand for reliable and scalable power and connectivity solutions in data centers and mission-critical IT environments. A&M Capital Opportunities, a US-based provider of optical networking components and solutions, played a key role in this transaction.
Major companies operating in the intermodals market report are BNSF Railway, Norfolk Southern Railway, Union Pacific Railroad, Canadian National Railway, Deutsche Bahn, CSX Transportation, Schneider National, Inc., SNCF, Japan Freight Railway Company (JR Freight), KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC., China State Railway Group Co. Ltd., Container Corp. of India Ltd., Indian Railways, KiwiRail Ltd., PT Kereta Api Indonesia (Persero), Qube Holdings Ltd., Twentieth Super Pace Nominees Pty Ltd., SF Express Co. Ltd., Deppon Logistics Co. Ltd., HOAU Logistics Company Limited, Shanghai CNEX Express Co. Ltd., COSCO Logistics, Barrington Freight Ltd., Coyote Logistics Europe, German Railway Authority, Railforum Netherlands, Swedish Rail Industry Group (Swerig), TransContainer, Emperor Franz Joseph Railway, GW Train Regio, Caile Ferate Romane, CFR Marfa, J.B. Hunt intermodal, XPO Logistics, Swift Intermodal, The National Railroad Passenger Corporation (Amtrak), Kansas City Southern, Hudson Bay Railway Co., Panalpina, Yusen Logistics, Fox Brasil, Almar Group, Trenes Metropolitanos, Brazil Great Southern Railway, Ferrocarril Transandino, Saudi Railway Company, Israel Railways Ltd. Iraq Republic Railways Co., Middle East Rail, Turkish State Railways (TCDD), Arabian Railway Company, Egyptian National Railways (ENR), Transnet SOC Ltd.
The Asia-Pacific was the largest region in the intercoms systems and equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global intercoms systems and equipment market analysis report during the forecast period. The regions covered in the intermodals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the intermodals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The primary product types of intercom systems and equipment include audio and video. Audio pertains to aspects related to sound, encompassing the reception, transmission, reproduction, or specific frequency of sound. Various technologies are employed in intercom systems and equipment, including IP-based and analog-based systems. Intercoms find applications in various sectors such as government, residential, and commercial, serving different purposes.
The intercoms systems and equipment market research report is one of a series of new reports that provides intercoms systems and equipment market statistics, including intercoms systems and equipment market global market size, regional shares, competitors with a intercoms systems and equipment market share, detailed intercoms systems and equipment market segments, market trends and opportunities, and any further data you may need to thrive in the intercoms systems and equipment industry. This intercoms systems and equipment 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 intercoms systems and equipment market consist of sales of intercom system devices for usage in an electronic communications system that contains circuitry to transmit and receive audio and/or video transmissions. The intercom system services can be through wireless, wired, video, apartment based, and two ways radios for communication. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The intermodals market size is expected to see rapid growth in the next few years. It will grow to $45.88 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. The anticipated growth in the forecast period can be attributed to factors such as faster economic growth, a focus on sustainability, an emphasis on reducing carbon emissions, and government support. Notable trends expected in the forecast period include the integration of artificial intelligence in intermodal services, a focus on shipment tracking tools, the adoption of advanced driver assistance system (ADAS) technology, an emphasis on digitalization, the implementation of obstacle detection assistance systems, a focus on rail vehicle visibility tools, technological advancements, and an increase in strategic partnerships and collaborations.
The market is expected to be driven by the use of IoT-based intercom systems. These systems leverage the internet, utilizing networking platforms and middleware with embedded sensors, actuators, and other devices for data transmission. The global demand for intercom devices is anticipated to rise with the increasing adoption of IoT technologies. For instance, Fermax, a Spain-based manufacturer of door control, video door control, and access control equipment, introduced a Wi-Fi-enabled product utilizing Microsoft Azure IoT technology in June 2021. This innovation enables Fermax to enhance user experience and provide value-added services directly to its customers.
The growth of smart homes is anticipated to fuel the expansion of intercom systems and equipment. Smart homes, equipped with remotely monitored and controlled devices, utilize intercom systems accessible through smartphones or tablets. These systems facilitate communication between residents, visitor screening at the front door, and access control. According to RubyHome, a US-based real estate company, approximately 63.43 million homes in the US use smart home devices, and a significant majority of homebuyers express willingness to invest in smart homes, driving the growth of the intercom systems and equipment market.
The acceptance of long-term evolution (LTE) technology-based intercoms is gaining traction across industries. LTE, a modern IP communicator, offers high data capabilities for clear voice communication, full HD video streaming, and expedited intercom installation. For example, NTT DATA Corporation, a Japan-based IT consulting company, launched NTT's Private 5G platform (P5G) in August 2021, providing a global private LTE/5G Network-as-a-Service platform. NTT P5G, with its end-to-end service stack, empowers Chief Information Officers and Chief Digital Officers to leverage the benefits of private 5G for addressing business challenges and driving innovation.
Key players in the intercom systems and equipment market are concentrating on product innovation, as seen with products such as IMPW. IMPW is a wireless intercom system designed for critical missions in both civilian and combat scenarios. Savox Communications Ltd., a US-based communication solutions provider, introduced IMPW in September 2023. The system, comprising the Savox IMP system, the Savox WIM (Wireless Interface Module), and Savox WPCUs (Wireless Personal Communication Units), ensures wireless capability, low-power operation, robust encryption, and natural audio features within vehicles or vessels, facilitating seamless collaboration in various situations.
In February 2021, Legrand, a France-based specialist in electrical and digital building infrastructures, acquired the Champion ONE (C1) family of brands from A&M Capital Opportunities. This strategic acquisition by Legrand aims to support the increasing demand for reliable and scalable power and connectivity solutions in data centers and mission-critical IT environments. A&M Capital Opportunities, a US-based provider of optical networking components and solutions, played a key role in this transaction.
Major companies operating in the intermodals market report are BNSF Railway, Norfolk Southern Railway, Union Pacific Railroad, Canadian National Railway, Deutsche Bahn, CSX Transportation, Schneider National, Inc., SNCF, Japan Freight Railway Company (JR Freight), KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC., China State Railway Group Co. Ltd., Container Corp. of India Ltd., Indian Railways, KiwiRail Ltd., PT Kereta Api Indonesia (Persero), Qube Holdings Ltd., Twentieth Super Pace Nominees Pty Ltd., SF Express Co. Ltd., Deppon Logistics Co. Ltd., HOAU Logistics Company Limited, Shanghai CNEX Express Co. Ltd., COSCO Logistics, Barrington Freight Ltd., Coyote Logistics Europe, German Railway Authority, Railforum Netherlands, Swedish Rail Industry Group (Swerig), TransContainer, Emperor Franz Joseph Railway, GW Train Regio, Caile Ferate Romane, CFR Marfa, J.B. Hunt intermodal, XPO Logistics, Swift Intermodal, The National Railroad Passenger Corporation (Amtrak), Kansas City Southern, Hudson Bay Railway Co., Panalpina, Yusen Logistics, Fox Brasil, Almar Group, Trenes Metropolitanos, Brazil Great Southern Railway, Ferrocarril Transandino, Saudi Railway Company, Israel Railways Ltd. Iraq Republic Railways Co., Middle East Rail, Turkish State Railways (TCDD), Arabian Railway Company, Egyptian National Railways (ENR), Transnet SOC Ltd.
The Asia-Pacific was the largest region in the intercoms systems and equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global intercoms systems and equipment market analysis report during the forecast period. The regions covered in the intermodals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the intermodals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The primary product types of intercom systems and equipment include audio and video. Audio pertains to aspects related to sound, encompassing the reception, transmission, reproduction, or specific frequency of sound. Various technologies are employed in intercom systems and equipment, including IP-based and analog-based systems. Intercoms find applications in various sectors such as government, residential, and commercial, serving different purposes.
The intercoms systems and equipment market research report is one of a series of new reports that provides intercoms systems and equipment market statistics, including intercoms systems and equipment market global market size, regional shares, competitors with a intercoms systems and equipment market share, detailed intercoms systems and equipment market segments, market trends and opportunities, and any further data you may need to thrive in the intercoms systems and equipment industry. This intercoms systems and equipment 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 intercoms systems and equipment market consist of sales of intercom system devices for usage in an electronic communications system that contains circuitry to transmit and receive audio and/or video transmissions. The intercom system services can be through wireless, wired, video, apartment based, and two ways radios for communication. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Intermodals Market Characteristics3. Intermodals Market Trends and Strategies32. Global Intermodals Market Competitive Benchmarking33. Global Intermodals Market Competitive Dashboard34. Key Mergers and Acquisitions in the Intermodals Market
4. Intermodals Market - Macro Economic Scenario
5. Global Intermodals Market Size and Growth
6. Intermodals Market Segmentation
7. Intermodals Market Regional and Country Analysis
8. Asia-Pacific Intermodals Market
9. China Intermodals Market
10. India Intermodals Market
11. Japan Intermodals Market
12. Australia Intermodals Market
13. Indonesia Intermodals Market
14. South Korea Intermodals Market
15. Western Europe Intermodals Market
16. UK Intermodals Market
17. Germany Intermodals Market
18. France Intermodals Market
19. Italy Intermodals Market
20. Spain Intermodals Market
21. Eastern Europe Intermodals Market
22. Russia Intermodals Market
23. North America Intermodals Market
24. USA Intermodals Market
25. Canada Intermodals Market
26. South America Intermodals Market
27. Brazil Intermodals Market
28. Middle East Intermodals Market
29. Africa Intermodals Market
30. Intermodals Market Competitive Landscape and Company Profiles
31. Intermodals Market Other Major and Innovative Companies
35. Intermodals Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Intermodals Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on intermodals market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for intermodals? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Type: Container-On-Flatcar (COFC); Trailer-On-Flatcar (TOFC)
2) By Destination: Domestic; International
3) By Application: Oil and Gas; Aerospace and Defense; Industrial and Manufacturing; Construction; Chemical; Food and Beverages; Healthcare; Others
Key Companies Mentioned: BNSF Railway; Norfolk Southern Railway; Union Pacific Railroad; Canadian National Railway; Deutsche Bahn
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- BNSF Railway
- Norfolk Southern Railway
- Union Pacific Railroad
- Canadian National Railway
- Deutsche Bahn
- CSX Transportation
- Schneider National, Inc
- SNCF
- Japan Freight Railway Company (JR Freight)
- KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC.
- China State Railway Group Co. Ltd.
- Container Corp. of India Ltd.
- Indian Railways
- KiwiRail Ltd.
- PT Kereta Api Indonesia (Persero)
- Qube Holdings Ltd.
- Twentieth Super Pace Nominees Pty Ltd
- SF Express Co. Ltd.
- Deppon Logistics Co. Ltd.
- HOAU Logistics Company Limited
- Shanghai CNEX Express Co. Ltd.
- COSCO Logistics
- Barrington Freight Ltd.
- Coyote Logistics Europe
- German Railway Authority
- Railforum Netherlands
- Swedish Rail Industry Group (Swerig)
- TransContainer
- Emperor Franz Joseph Railway
- GW Train Regio
- Caile Ferate Romane
- CFR Marfa
- J.B. Hunt intermodal
- XPO Logistics
- Swift Intermodal
- The National Railroad Passenger Corporation (Amtrak)
- Kansas City Southern
- Hudson Bay Railway Co.
- Panalpina
- Yusen Logistics
- Fox Brasil
- Almar Group
- Trenes Metropolitanos
- Brazil Great Southern Railway
- Ferrocarril Transandino
- Saudi Railway Company
- Israel Railways Ltd. Iraq Republic Railways Co.
- Middle East Rail
- Turkish State Railways (TCDD)
- Arabian Railway Company
- Egyptian National Railways (ENR)
- Transnet SOC Ltd
