Germany Rail Freight Transport Market Size

Germany Rail Freight Transport Market Analysis

The size of the Germany Rail Freight Transport Market is USD 7.89 billion in the current year and is anticipated to register a CAGR of over 4.12% during the forecast period. The market is driven by the huge rail freight volume passing through the country. Furthermore, the market is driven by the infrastructure growth in the country.

• According to the European Railway Performance Index, which ranks national European rail systems by the intensity of usage, service quality, and safety, Germany's rail system came in fourth place overall. Germany received very high marks for both the quantity and frequency of use by both passengers and freight, as well as for the level of service provided and safety. Additionally, Germany's cost-to-performance ratios outperformed the average for all of Europe, capturing comparatively high value in return for public expenditure.
• For sustainable mobility solutions, Germany will serve as a model market and a global market leader. This will have been done in the area of rail freight with a dual-track plan that supports both a further cut in emissions and the use of alternative drivetrains in the field of road haulage and, as important, the modernization and improvement of the rail freight sector's competitiveness. A key component of the German and European freight transportation systems will be rail freight. Its environmental friendliness will assist in meeting Germany's and Europe's carbon reduction goals, make freight transportation safer, and ease traffic congestion.
• Three German rail associations proposed increasing parcel rail transportation in the country. Some of the key actions include a toll exemption for combined transportation, the construction of more sidings, and the establishment of new combined transportation hubs. The three associations listed the three most important rail corridors that require increased capacity for parcel deliveries in a position paper. They are the lines that connect Nuremberg-Hannover in the country's center, Stuttgart-Berlin in the southwest to the northeast, and Hamburg-Munich in the north to the south. Furthermore, the three parties are requesting that these corridors be linked to the Rhineland/Ruhr region. The request is justified by the fact that parcel shipments are increasing year after year as a result of growing online trade, as the associations pointed out.