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Passenger Rail Transport Market 2022 - Size, Share, Segments, Data, Analysis, And Forecast | China Railway Corporation, Central Japan Railway Co, Duetsche Bahn AG, East Japan Railway Co

Passenger Rail Transport Market

Passenger Rail Transport Market

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The global passenger rail transport market report by the business research company identifies the advanced driver assistance system (ADAS) technology is becoming popular in the rail transportation industry to optimise energy usage, enhance operational management, safety and aid in cost reduction. These systems provide automatic warning, protection, operation, supervision, and control arrangement. They also aid in meeting stringent government regulations towards passenger safety.

The global passenger rail transport market grew from $227.21 billion in 2021 to $246.84 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The passenger rail transport market is expected to grow to $324.68 billion in 2016 at a CAGR of 7.1%.

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Asia Pacific was the largest region in the passenger rail transport market in 2021. Western Europe was the second largest region in the passenger rail transport market. The regions covered in the passenger rail transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major companies in the passenger rail transport market include China Railway Corporation, Central Japan Railway Co, Duetsche Bahn AG, East Japan Railway Co, Ferrovie dello Stato Italiane SpA, Indian Railways, FirstGroup PLC, JSC Russian Railways, Swiss Federal Railways, and Canadian Pacific Railway.

The global passenger rail transport market is segmented -
1) By Type: Medium-Distance Passenger Transport, Long-Distance Passenger Transport, Short-Distance Passenger Transport
2) By Service Type: Transportation, Services Allied to Transportation (Maintenance of Railcars and Rail Tracks, Switching of Cargo, and Storage)
3) By Application: City, Rural

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The Passenger Rail Transport Market Report Contents Include
Table Of Contents
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
....
21. Key Mergers And Acquisitions In The Passenger Rail Transport Market
22. Market Background: Rail Transportation Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

This report covers the trends and market dynamics of the passenger 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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