Global Passenger Rail
SummaryGlobal Passenger Rail industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The passenger rail sector consists of all passenger transport by 'heavy rail' services, including international, inter-city, regional, and suburban trains ("Commuter trains" in US terminology are included). However, light rail, tram/streetcar, metro/subway, and similar trains are not included.
- The global passenger rail sector reported revenues of $269,015.3 million in 2023, representing a negative compound annual growth rate (CAGR) of 1.3% between 2018 and 2023.
- Sector consumption volumes declined with a negative CAGR of 7.5% between 2018 and 2023, to reach a total of 2,700,277.9 thousand passenger kilometers (PKM) in 2023.
- In 2023, the volume of passenger rail (measured in passenger-km) increased by 7.9% according to GlobalData.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the passenger rail market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global passenger rail market
- Leading company profiles reveal details of key passenger rail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global passenger rail market with five year forecasts by both value and volume
Reasons To Buy
- What was the size of the Global passenger rail market by value in 2023?
- What will be the size of the Global passenger rail market in 2028?
- What factors are affecting the strength of competition in the Global passenger rail market?
- How has the market performed over the last five years?
- Who are the top competitors in the global's passenger rail market?
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