Rail Transport Market Opportunity, Recent Trends, Major Driving Factors And Business Growth Strategies 2025
The global rail transport market is expected to grow from $468.7 billion in 2020 to $519.3 billion in 2021 at a compound annual growth rate (CAGR) of 10.%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $658.9 billion in 2025 at a CAGR of 6%.
The Business Research Company offers "Rail Transport Global Market Report 2021" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The rail transport market consists of sales of rail transportation services and related goods by entities (organizations, sole traders and partnerships) that use trains to provide transport for passengers and/or cargo. Railroads operate either on networks with physical facilities, labor forces, and equipment spread over a wide geographic area or operate over a short distance on a local rail line. This market excludes street railroads, commuter rail, urban rapid transit, and scenic and sightseeing train transportation.
Some of the key players involved in the rail transport market are China Railway Corporation; Russian Railways; Indian Railways; Deutsche Bahn AG; Union Pacific Railroad.
The countries covered in the global rail transport market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global rail transport market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Rail Transport Market Segmentation:
1) By Type: Passenger Rail Transport, Rail Freight
2) By Distance: Long-Distance, Short-Distance
Subsegments Covered: Medium-Distance Passenger Transport, Long-Distance Passenger Transport, Short-Distance Passenger Transport, Intermodals, Tank Wagons, Freight Cars
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A Few Points From The Table Of Contents
1. Executive Summary
3.Rail Transport Market Characteristics
4.Rail Transport Market Product Analysis
5.Rail Transport Market Supply Chain
21.Rail Transport Market Competitive Landscape
22.Key Mergers And Acquisitions In The Rail Transport Market
23.Market Background: Transportation Services Market
26.Copyright And Disclaimer
The report covers the trends and market dynamics of the rail transport market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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