Railway Transport Industry Market Research & Statistics

 
  • Currently 5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
2 votes
Share

Global Railway Transport Industry

 

The global railroad transport industry is expected to hit the $800 billion mark by 2015, according to research from Global Industry Analysts. Demand for rail transportation declined because of the economic recession. Freight volumes plummeted by as much as 30%, with the US and the EU particularly badly hit.

 

State stimulus packages and rescue plans launched in a bid to stimulate economic recovery encompassed initiatives for the transportation sector. Many of these packages are helping projects led by public sector rail operators, who rely on the government for funding.

 

 

Key Market Segments

 

  • The world rail freight industry was worth $194 billion in 2011, having recorded 6% yearly growth for the four preceding years, reports MarketLine. Sector consumption volumes witnessed close to 4% yearly growth over the same four-year period, reaching almost 11,000 billion FTK in 2011. Market growth is expected to accelerate to a yearly rate of 8% between 2011 and 2016, bringing the market to almost $286 billion.

 

  • The global passenger rail sector represented a $169 billion market in 2010 after 6% expansion year-on-year. MarketLine predicts the sector will generate almost $210 billion in 2015, or 24% growth in five years. In 2010, the global passenger rail sector expanded by 4%, reaching almost 2,775 billion PKm. In terms of volume, the global passenger rail sector is predicted to exceed 3,300 billion PKm in 2015, representing 19% growth in five years. The EU has a 43% share in the world global passenger rail sector.

 

 

Regional Market Share

 

  • The global rail freight industry encompasses revenue generated through freight transportation by rail. In the EU, the rail freight market exceeded revenue of $47 billion in 2011. The EU rail freight sector recorded almost 3% yearly growth between 2007 and 2011, according to research from MarketLine. Sector consumption volume fell at a yearly rate of -0.4% over the four-year period ending 2011. Industry performance is expected to pick up over the coming year, reaching yearly growth of almost 6% between 2011 and 2016. The global rail freight industry is expected to exceed $62 billion by the close of 2016.

 

  • The North American railroad market was worth close to $109 billion in 2011. MarketLine reported almost 7% annual growth in the sector over the four preceding years. Freight is the leading market segment, generating more than $87 billion in 2011 and accounting for more than 80% of the overall market in terms of value. Market growth is expected to accelerate to exceed yearly growth of 7% for the five-year period ending 2016. The North American railroad sector is predicted to generate revenue of almost $153 billion by the end of 2016.

 

 

Market Outlook

 

A rapid increase in global population, along with urbanization, and economic development are all factors fuelling growth in the global railway transport sector. Growing awareness as to the negative impact of traffic congestion on the environment is also encouraging rail passenger traffic as an alternative to car travel. Rail transportation continues to benefit from the advantages it offers such as greater energy efficiency than water, road and air transportation, reports Global Industry Analysts.

 

Energy efficiency is an increasingly pivotal concern in the face of climbing fuel prices and worsening energy shortage. Due to environmental awareness and cost concerns, the demand for higher energy efficiency in the transport sector and for green transportation technology continues to benefit the global rail transportation sector. These concerns will continue to fuel demand for rolling stock, systems and services. The railway transport sector is also reliant on ongoing investments to replace and update existing rolling stock.

 

Competition between operators continues to intensify. This along with increasing ridership and pressure to improve passenger comfort are fuelling demand for replacement of existing fleets. Apart from infrastructure replacement, the industry also continues to witness demand for modernizing signaling equipment to boost network capacity. Updating signaling equipment is also important for safety, which is closely monitored in the US and the EU, in particular.

 

Service, replacement and renewal are the three most-significant factors fuelling growth in the global rail supply industry. Over the five-year period ending 2015, China is predicted to become the largest market for high-speed trains. The North American passenger rail market, however, is expected to record slower growth due to the persisting popularity of the personal car.

 

 

Leading Industry Associations

 

ReportLinker.com offers immediate download access to top market reports & statistics on the Railway Transport Industry from trusted sources.
1-10 of about 2 100 reports

Global Railway Transport Industry

  • May 2015
    5 pages
  • Railway Transpo  

  • China  

    World  

    Asia  

View report >

Railway Transport Statistics in the US

  • April 2015
    24 pages
  • Railway Transpo  

    Light Rail  

  • United States  

View report >

The future of the Railway Transport Industry in Europe

  • March 2015
    14 pages
  • Railway Transpo  

    Passenger Trans  

  • Europe  

    World  

View report >

Railway Transport Industry in Kazakhstan and Asia

  • January 2013
    60 pages
  • Railway Transpo  

  • Kazakhstan  

    Asia  

View report >

Railway Transport Markets in Japan

  • January 2015
    6 pages
  • Railway Transpo  

  • Japan  

View report >

Railway Transport Industry in France

  • June 2013
    11 pages
  • Rail  

  • France  

    Europe  

View report >

The future of the Railway Transport Industry in Germany

  • November 2014
    16 pages
  • Neurological De  

  • Germany  

    Europe  

View report >

Railway Transport Industry in Italy

  • December 2014
    42 pages
  • Railway Transpo  

  • Italy  

    Europe  

View report >

Railway Transport Industry in Canada

  • February 2015
    15 pages
  • Railway Transpo  

    Transportation  

  • Canada  

    North America  

    United States  

View report >

Search in Railway Transport Industry (About 2 100 reports)
Topics under Railway Transport

Parent industry:  Transportation

Related markets: Rail, Freight, Railroad, Bus, Passenger Rail, Light Rail, High Speed Rail, Streetcar, Commuter Rail, Heavy Rail, China Railway, Rail Transport, Train Station, Intercity Rail, Regional Rail, Tramway, Subway

About 500 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 55 - $ 10 000)

Mega Trends in Malaysia : Top Mega Trends in Malaysia to 2025 and the Implications to Business, Society, and Culture

Mega Trends in Malaysia : Top Mega Trends in Malaysia to 2025 and the Implications to Business, Society, and Culture

  • $ 10 000
  • Industry report
  • March 2015
  • by Frost & Sullivan

The research service sets the stage for visionary thinking by identifying and analyzing the various Mega Trends in Malaysia that will impact and shape the country’s economy, society, and culture. Fo ...

Global Smart Railways System Market 2015-2019

March 2015 $ 2 500

Poland: Railway Or Tramway Coaches (self-propelled) - M ...

March 2015 $ 2 161

Poland: Railway Or Tramway Goods Vans And Wagons (not S ...

March 2015 $ 2 161

Poland: Railway Or Tramway Passenger Coaches (not Self- ...

March 2015 $ 2 161

Poland: Railway Or Tramway Sleepers (cross-ties) Of Woo ...

March 2015 $ 2 161

Poland: Railway Or Tramway Track Construction Material ...

March 2015 $ 2 161

Hungary: Railway Or Tramway Coaches (self-propelled) - ...

March 2015 $ 2 161

Hungary: Railway Or Tramway Goods Vans And Wagons (not ...

March 2015 $ 2 161

Hungary: Railway Or Tramway Passenger Coaches (not Self ...

March 2015 $ 2 161

ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.