The India Road Freight Transport Market Report is Segmented by End User Industry (Manufacturing, and More), Destination (Domestic and International), Truckload Specification (FTL and LTL), Distance (Long Haul and Short Haul), Goods Configuration (Fluid Goods and Solid Goods), Temperature Control (Non-Temperature and Temperature Controlled), and by Containerization. The Market Forecasts are Provided in Terms of Value (USD).

In financial year 2020, the size of road logistics market in India stood around *** billion US dollars, with the majority on intercity roads with a market share of ** percent. This was a decrease in comparison with the previous year, mainly due to the impact of the coronavirus pandemic. The compound annual growth rate between financial year 2019 to 2025 was estimated to reach around ***** percent.

The India Rail Freight Transport Market Report is Segmented by Service Type (Transportation and Services Allied To Transportation), by Cargo Type (Containerized, Non-containerized/Bulk and Liquid Bulk), and by Destination (Domestic and International). The Market Forecasts are Provided in Terms of Value (USD).

India Road Freight Transport Market size was valued at USD 153.9 Billion in 2024 and is projected to reach USD 436.5 Billion by 2032, growing at a CAGR of 8.95% from 2026 to 2032.Key Market Drivers:Growing E-commerce and Retail Expansion: The rapid growth of e-commerce in India, fueled by companies such as Amazon, Flipkart, and Reliance Retail, has greatly increased demand for road freight transportation. With increasing internet usage and digital payments, e-commerce sales are estimated to exceed USD 200 billion by 2026, necessitating a robust logistics network.Government Investments in Road Infrastructure: The Indian government's Bharatmala Pariyojana, which aims to build 34,800 kilometres of highways, is improving road connectivity and cutting transit times. Improved expressways, such as the Delhi-Mumbai Expressway and the Chennai-Bengaluru Expressway, enable speedier transportation of products while cutting logistics costs. Investing in multimodal logistics parks and dedicated freight corridors improves the efficiency of India's road freight network.

India transportation management system market size reached USD 339.9 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 653.2 Million by 2033, exhibiting a growth rate (CAGR) of 6.75% during 2025-2033. The increasing growth of e-commerce and the shift toward omnichannel retailing, which have intensified the demand for robust transportation management system solutions, is driving the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on transportation mode, offering, deployment type, and application.

The global public transportation market size was USD 248.13 billion in 2024 & is projected to grow from USD 262.30 billion in 2025 to USD 409.00 billion by 2033.
Report Scope:

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Public Transportation Market Size 2025-2029

The public transportation market size is forecast to increase by USD 110.9 billion at a CAGR of 6.4% between 2024 and 2029.

Increasing domestic trips for public transportation is the key driver of the public transportation market, as more people rely on efficient and affordable transport options for their daily commutes. The upcoming trend is the development of hyperloop transportation systems. With the potential to revolutionize travel, these high-speed, energy-efficient systems promise to significantly reduce travel times, offering a futuristic solution to meet growing transportation demands and contribute to sustainable urban mobility.
The market is witnessing significant growth due to several key factors. One major trend is the increasing demand for domestic trips, which is driving the need for efficient and affordable public transportation solutions. Another trend is the development of advanced transportation systems, such as hyperloop, that offer faster and more sustainable options for travel. Additionally, the availability of alternatives, such as ride-hailing services and car sharing, is pushing public transportation providers to adapt and innovate to remain competitive. 

What will be the Size of the Public Transportation Market During the Forecast Period?

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The market is experiencing significant growth due to urbanization and increasing population density. Mass transportation systems, including public buses, subways, taxis, auto rickshaws, and rail transportation, are essential in mitigating traffic congestion and reducing greenhouse gas emissions. Environmental concerns and air quality issues have led to the adoption of green technologies such as electric buses, hybrid vehicles, and high-speed trains.
Moreover, the rise of smart cities and digitization has transformed the industry, with mobility apps, third-party platforms, and ride-sharing services becoming increasingly popular. The road transportation system continues to face challenges in terms of traffic congestion and environmental impact, making public transportation an attractive alternative for commuters. The market is expected to continue growing as the need for sustainable and efficient mobility solutions becomes more pressing.

How is this Public Transportation Industry segmented and which is the largest segment?

The public transportation industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Bus
  Metro
  Suburban rail
  Light rail transit


Distribution Channel

  Offline
  Online


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    US


  Europe

    Germany
    UK
    France


  South America

    Brazil


  Middle East and Africa

By Type Insights

The bus segment is estimated to witness significant growth during the forecast period. Public transportation, specifically bus systems, plays a crucial role in urban areas by providing an efficient, cost-effective, and flexible solution for moving people and goods. Bus transportation systems encompass various designs, services, and integration levels with other modes of transportation. The demand for fast and convenient transportation in cities, with their high volume of educational institutions and businesses, necessitates the use of high-capacity solutions like buses. Effective bus transportation is essential to the functioning of urban areas.

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The bus segment was valued at USD 168.60 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 31% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in APAC is projected to lead the global industry due to increasing urbanization, population growth, and the need for efficient transportation systems to reduce traffic and emissions from private vehicles. This region's market expansion is driven by significant investments in public transport infrastructure, rising disposable income, and the growing number of tourists. Furthermore, environmental concerns have led countries such as Japan, China, South Korea, India, and others to adopt electric buses for their public transportation systems. The increasing use of smartphones and internet connectivity also contribute to the market's growth in APAC.

Public Transportation Market Dynamics

Our public transportation market rese

India Intelligent Transportation System Market is projected to reach USD 3,258.57 million by 2033, growing at a CAGR of 9.87% from 2025-2033.

The size of the road logistics market in India more than doubled from *** trillion Indian rupees in financial year 2020, to around *** trillion rupees in 2022. Such growth will be driven by factors such as the rapid expansion of the e-commerce sector and the growth of the retail sales market, among many other factors. E-commerce in India With the exponential growth of internet penetration rate and online infrastructure in India, along with the impact of the coronavirus pandemic, the e-commerce market has experienced a great boost. The expansion was not only limited to the online retail sector, but even more, new developments in niche markets such as food delivery services, online grocery shopping and online ticketing services were also present. The online retail market is dominated by Amazon India and Flipkart. Digitization made huge leaps, partially due to the Digital India initiative including other policies by the government. Commercial vehicles in India As more than half of the freight movement across India is via road, commercial vehicles are a vital pillar for India’s logistics industry. Commercial vehicles in the country are segmented by the gross vehicle weight into light commercial vehicles, and medium and heavy commercial vehicles. The former, has a gross weight of less than *** metric tons, dominating the market. It also reflects on the fact that within the road logistics market, the inter-city road logistics spending in India accounted for the majority of the total road logistics spending. Inter-city transport requires small and nimble vehicles, especially because Indian cities predominantly have narrow streets.

USD 2076.09 Million in 2024; projected USD 2536.16 Million by 2033; CAGR 2.24%.

The India Rail Freight Transport Market Size was valued at USD 60.66 Billion in 2024 and is projected to reach USD 94.66 Billion by 2032, growing at a CAGR of 5.7% from 2026 to 2032.

Key Market Drivers: • Infrastructure and Network Expansion: The Indian Railways has greatly increased its network and infrastructure capacity. According to the Ministry of Railways’ Annual Report 2022-23, the overall track length expanded to 68,043 km, with 6,087 km of rail electrification completed in 2021-22 alone. The Dedicated Freight Corridors (DFCs) project costs ₹95,238 crore and aims to boost freight capacity by 144%.

• Industrial Growth and Manufacturing Output: The rising manufacturing sector has a direct influence on rail freight demand. According to India’s Ministry of Statistics and Programme Implementation (MOSPI), the Index of Industrial Production (IIP) increased by 5.8% in 2022–23.

India Partial Truck Load Market size is valued at around USD 23,324.24 million in 2025 and is projected to reach USD 37,029.90 million by 2030 at 9.7% CAGR

Unlock data-backed intelligence on North America Vegan Food Market size at USD 110 billion in 2023, showcasing key trends and growth opportunities.

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Intermodal Freight Transportation Market Size 2025-2029

The intermodal freight transportation market size is forecast to increase by USD 69.4 billion, at a CAGR of 7.2% between 2024 and 2029.

Intermodal freight transportation is experiencing significant growth due to the reduction in freight transportation costs offered by intermodal services. This cost advantage is driving businesses towards multimodal transportation, which combines two or more modes of transport, such as rail and trucking, to move goods efficiently and cost-effectively. However, the market faces substantial challenges. Infrastructure costs pose a significant hurdle, as the development and maintenance of intermodal terminals and railways require substantial investments. These expenses can deter potential entrants and limit the market's growth potential.
To capitalize on the cost advantages of intermodal transportation while mitigating infrastructure challenges, companies must explore innovative financing models and collaborate with governments and industry partners to share infrastructure costs and optimize resource utilization. By addressing these challenges, businesses can effectively navigate the market and position themselves for long-term success.

What will be the Size of the Intermodal Freight Transportation Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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Intermodal freight transportation continues to evolve, with dynamic market trends shaping its landscape. Logistics management seeks to optimize carbon emission reduction through the adoption of fuel-efficient intermodal solutions, such as rail freight. The hub-and-spoke model facilitates the efficient movement of goods, with railways and ports serving as crucial infrastructure components. Container cleaning, cargo insurance, and container repair are essential services ensuring the integrity of intermodal containers. Double-stack railcars and last mile delivery solutions enhance capacity and efficiency, while road infrastructure and container handling equipment facilitate seamless intermodal transfers. Artificial intelligence (AI) and data analytics are transforming intermodal operations, from route optimization and supply chain optimization to intermodal terminal management and container tracking systems.

Intermodal regulations and container security remain paramount, with ongoing advancements in container standardization and capacity management. The intermodal network encompasses a diverse range of container types, including flat racks, dry vans, reefers, tank containers, and open tops. Intermodal regulations, shipping schedules, and freight forwarding services ensure the smooth flow of goods. Road haulage and intermodal terminals are integral components of the intermodal network, with yard management systems and container chassis enabling efficient container movement. Environmental impact and container leasing are increasingly important considerations, with ongoing efforts to reduce carbon emissions and promote sustainable intermodal practices.

Blockchain technology and crane operations further enhance intermodal operations, ensuring transparency and efficiency. Overall, the market remains a dynamic and evolving landscape, with ongoing advancements shaping its future.

How is this Intermodal Freight Transportation Industry segmented?

The intermodal freight transportation industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Mode Of Transportation

  Rail transport
  Road transport
  Sea transport


Product

  Minerals and ores
  Food and farm products
  Equipment and instruments
  Chemicals
  Others


End-user Industry

  Manufacturing
  Oil and Gas
  Consumer and Retail
  Energy and Mining
  Others
  Manufacturing
  Oil and Gas
  Consumer and Retail
  Energy and Mining
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

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By Mode Of Transportation Insights

The rail transport segment is estimated to witness significant growth during the forecast period.

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The Rail transport segment was valued at USD 56.00 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in North America is experiencing moderate growth d

India Intelligent Transportation System Market is projected to grow at a CAGR of around 16% during the forecast period 2022-27

The India Transportation Infrastructure Construction Market Report is Segmented by Type (Roadways, Railways, Airways, Ports, and Inland Waterways), by Construction Type (New Construction, Renovation), by Investment Source (Public, Private), and by Geography (North India, South India, East India, West India). The Market Forecasts are Provided in Terms of Value (USD).

India Rail Freight Transportation market’s expansion is supported by infrastructure investments, increasing demand for sustainable logistics, and industrial growth

Discover the latest insights into the booming logistics & transportation market. This comprehensive analysis reveals key drivers, trends, restraints, and regional growth projections for 2025-2033, including data on market size, CAGR, and leading companies. Explore opportunities in e-commerce logistics, supply chain optimization, and sustainable transportation.

India Transportation Infrastructure Construction Market size is valued at USD 133.26 Billion in 2023 and is anticipated to reach USD 242.04 Billion by 2031, growing at a CAGR of 7.76% from 2024 to 2031.

Key Market Drivers: Foreign Direct Investment (FDI): The construction sector has attracted substantial FDI, with inflows surpassing USD 25 billion by 2024. The government’s policy of allowing 100% FDI in construction development projects has significantly increased capital availability for infrastructure projects.

Urbanization and Population Growth: Rapid urbanization is driving the demand for improved transportation infrastructure. With India's population projected to continue growing, there is an increasing need for efficient transport systems to support urban development.

Economic Growth Contribution: The construction sector contributes approximately 8% to India's GDP as of 2024. This economic significance highlights the role of transportation infrastructure in facilitating trade and economic activities. Public-Private Partnerships (PPPs): The government has increasingly relied on PPPs to finance and execute large-scale infrastructure projects, which have become a preferred model for developing transportation networks, including highways and airports.

India Rail Transport Market is projected to reach USD 23.0 Billion by 2034, growing at a CAGR of 4.3% during the forecast period, driven by infrastructure upgrades and increasing passenger demand.