Passenger Rail Transport Market – Industry Analysis, Key Opportunities, Dynamics And Growth

The Business Research Company offers " Passenger Rail Transport Global Market Report 2021: COVID-19 Impact And Recovery To 2030" 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 trend s and strategies that players in the market can adopt.

The passenger rail transport market report describes and explains the global passenger rail transport market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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The passenger rail transport market consists of sales of passenger rail transportation services and related goods by entities (organizations, sole traders and partnerships) that use trains to provide transport for passengers from a station where they board the train to a destination station. The passenger rail transport market is segmented into short-distance passenger transport; medium-distance passenger transport and long-distance passenger transport.

The global passenger rail transport market is expected to grow from $221.18 billion in 2020 to $247.56 billion in 2021 at a compound annual growth rate (CAGR) of 11.9%. 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 $307.39 billion in 2025 at a CAGR of 6%.

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Some of the major players of the passenger rail transport market are East Japan Railway, MTR Hong Kong, Central Japan Railway, West Japan Railway, Canadian Pacific Railway..

The countries covered in the global passenger 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 passenger rail transport market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global passenger rail transport market is segmented -
1) By Type: Medium-Distance Passenger Transport, Long-Distance Passenger Transport, Short-Distance Passenger Transport

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Passenger Rail Transport Market Characteristics
4. Passenger Rail Transport Market Product Analysis
5. Passenger Rail Transport Market Supply Chain
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20. Passenger Rail Transport Market Competitive Landscape
21. Key Mergers And Acquisitions In The Passenger Rail Transport Market
22. Market Background: Rail Transportation Market
23. Recommendations
24. Appendix

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