Freight Transport Market in India - A $307.70 Billion Opportunity by 2020, Reveals New Market Research Report by NOVONOUS

Market Research Reports, Inc. has announced the addition of “Freight Transport Market in India 2015 - 2020" research report to their website www.MarketResearchReports.com

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Lewes, DE -- (SBWire) -- 05/19/2015 --Freight transport market in India is expected to be worth US$ 307.70 billion by 2020, finds a new research report launched by NOVONOUS. Indian freight transport market is expected to grow at a CAGR of 13.35% by 2020 driven by the growth in the manufacturing, retail, FMCG and e-commerce sectors.

To know more about this newly launched market research report visit "Freight Transport Market in India 2015-2020"

India spends around 14.4% of its GDP on logistics and transportation as compared to less than 8% spent by the other developing countries.

In India road freight constitutes around 63% of the total freight movement consisting of 2.2 million heavy duty trucks and 0.6 million light duty trucks covering more than 18,00,000 kms of road length carrying more than 3000MMT (million metric ton) of load annually.

NOVONOUS estimates that the road freight movement is expected to increase at a CAGR of 15%. This will be driven by the growth in Indian FMCG, retail and pharmaceutical sectors, which have large freight transport requirements across the country which is generally done by road transportation.

This report found that the rail freight constitutes around 27% of the total freight movement in India. It consists of a large infrastructure of more than 65000 kms of rail network carrying more than 1400MMT of load annually. With the growth in core manufacturing sector and with the proposed "Make in India" campaigns it is expected that the freight movement of core commodities like iron ore, steel, coal, petroleum etc are projected to increase at a fast pace. NOVONOUS estimates that Indian rail freight market will grow at a rate of around 10% CAGR over the next 5 years.

This report found that the sea freight consists of around 9% of the total freight market and is mainly used as a major mode for imports and exports. Around 600MMT of freight tonnage is transported through the 13 major ports and the 200 minor ports of India.

NOVONOUS estimates that Indian sea freight market will grow at a CAGR of 12% in the next 5 years, which will be mainly driven by increased exports of automobiles and handloom & handicraft products.

This report also found that the air freight consists of around 1% of the total freight market in India and approximately 4MMT of freight tonnage is transported through air. NOVONOUS estimates that Indian air freight market will grow at an impressive rate of around 12.5% CAGR over the next 5 years with more number of private airlines entering this space coupled with the lower turnaround time needed for delivery such as "24 hour delivery" needed by the E-commerce sector.

The report also has detailed company profiles including their position in freight transport value chain, financial performance analysis, product and service wise business strategy, SWOT analysis and key customer details for fifteen key freight transport players in Indian market namely Om Logistics Pvt. Ltd., EXL India, Container Corporation of India Ltd. (CONCOR), Gati-Kintetsu Express Pvt. Ltd., All Cargo Logistics, Premium Roadlines Limited, The Shipping Corporation of India Ltd., TKM GLOBAL Logistics Ltd., Transport Corporation of India Limited, TVS Dynamic Global Freight Services Limited, Delex Cargo India Private Limited, Sarr Freights Limited, Falcon Freightlink Pvt. Ltd and Jeena and Company Private Limited.

Scope of Freight Transport Market in India 2015 - 2020 report:

>> This report provides a detailed view of Indian freight transport market with current available capacity and options.

>> This report identifies the need for focusing on freight transport sector in India.

>> This report provides detailed information on segment wise (road/surface transport, air freight and ocean/maritime freight) growth forecasts for freight transport market in India up to 2020.

>> This report provides detailed information on industry wise (automobile, FMCG, healthcare, food industry, industrial goods and manufacturing) growth forecasts for freight transport market in India up to 2020.

>> The report identifies the growth drivers and inhibitors for freight transport market in India.

>> This study also identifies policies related to freight transport market in India for various sectors.

>> The report identifies various credit, policy and technical risks associated with freight transport market in India.

>> The report identifies EXIM scenario for containers, barges, forklift trucks, tankers, transport motor vehicles and transport ships in India.

>> The report identifies top countries exporting containers, barges, forklift trucks, tankers, transport motor vehicles and transport ships to India.

>> The report identifies top countries importing containers, barges, forklift trucks, tankers, transport motor vehicles and transport ships from India.

>> This report has detailed profiles 15 key players in Indian freight transport market covering their business strategy, financial performance, future forecasts and SWOT analysis.

>> This report covers in details the competitive landscape in Indian freight transport market.

>> This report identifies key industry bodies and associations and their role in Indian freight transport market.

>> This report identifies key government bodies and their role in Indian freight transport market.

>> This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for Indian freight transport market.

>> This report provides Porter's Five Forces analysis for Indian freight transport market.

>> This report provides SWOT (strengths, weakness, opportunities and threats) analysis for Indian freight transport market.

>> This report identifies the key challenges faced by new players in Indian freight transport market.

>> This report provides future trends and opportunities for freight transport market in India.

>> This report also provides strategic recommendations for policy makers, service providers and investors.

For more information and purchase this report please visit: http://www.marketresearchreports.com/novonous/freight-transport-market-india-2015-2020

To browse more market research reports by NOVONOUS visit:
http://www.marketresearchreports.com/publisher/novonous

About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

About NOVONOUS
NOVONOUS helps organizations differentiate themselves, break entry barriers, track investments, develop strategies and see through corporate fog by providing business intelligence that works for their business. For more information about NOVONOUS visit: http://www.novonous.com

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Media Relations Contact

Amitava Sen
VP - Sales & Marketing
Market Research Reports, Inc
302-703-7787
http://www.marketresearchreports.com/novonous/freight-transport-market-india-2015-2020

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