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Global Railroads Market: By Type: Passenger Rail, Rail Freight; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand, EMR’s Key Indicators for Price; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Railroads Market Outlook
The global railroads market is supported by the growth of global rail transport market, which is expected to grow at a CAGR of 3% in the forecast period of 2022-2027 to reach a value of approximately USD 253 billion by 2026.
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Increasing Demand in Passenger Rail Segment to Augment the Railroads Industry Growth
Passenger rail and rail freight are the type segments of the global market. Passenger rail was the market's largest end-user, and it is projected to expand at a rapid rate during the forecast period. The growing tourist industry and low passenger train fares are expected to be the main drivers of growth in the passenger rail segment in the coming years. Furthermore, increased investments in extending the commuter rail network are likely to drive business growth in the coming years. In recent years, there has been an increase in commuter interest in travelling through bullet and metro trains for daily commuting. As a result, increased investments have been made to construct new lines and expand the number of trains running.
Another big type division of the industry was rail freight, which is planned to rise at a steady pace during the forecast period due to increased reliance on rail routes for goods transport and lower rates of transportation through this mode. Furthermore, the rail network's high connectivity helps in shipping supplies to distant areas that would otherwise be impossible to access by air. The availability of less expensive alternatives for transporting heavy goods is likely to increase demand for rail freight in the coming years.
Railroads: Market Segmentation
Railroads, also known as railways, are a mode of transport for freight (goods) and passengers (people) on vehicles driven by tracks that restrict travel and prevent steering, which is similar to all modes of road transport. Railroad transport imparts less frictional resistance to a wheeled vehicle than road transport, increasing transport reliability and lowering energy consumption.
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By type, the market is bifurcated into:
- Passenger Rail
- Rail Freight
The regional markets for railroads can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Increasing World Trade and Increasing Industrialisation to Boost the Growth of the Railroads Industry
Growing global commerce and industrialisation have created enormous opportunities for logistics and transportation firms. In the current situation, rail shipment of goods accounts for almost 80% of total railroad sales. Railroad transportation systems are typically offered for the transportation of materials, such as gas, chemicals, and crushed rocks, as well as consumer goods containers and vehicles. This industry is projected to be extremely capital-intensive, as the total annual income per worker for a standard Class I railroad is estimated to be more than a quarter million dollars. Rail road transportation is being embraced by many sectors and businesses due to its advantages, such as efficiency and cost-effectiveness, consequently bolstering the railroads industry. Furthermore, in some cases, railroad transportation can be much quicker than road transportation. The only disadvantage to railroad transportation is that facilities cannot be delivered from the starting point to the final destination.
Key Industry Players in the Global Railroads Market
The report gives a detailed analysis of the following key players in the global railroads market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Central Japan Railway Company
- SNCF Group
- Union Pacific Railroad Company
- JSC Russian Railways Logistics
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Region |
| Breakup by Type | Passenger Rail, Rail Freight |
| Breakup by Regions | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles-Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Central Japan Railway Company, SNCF Group, Union Pacific Railroad Company, JSC Russian Railways Logistics, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Railroads Market Analysis
8.1 Key Industry Highlights
8.2 Global Railroads Historical Market (2017-2021)
8.3 Global Railroads Market Forecast (2022-2027)
8.4 Global Railroads Market by Type
8.4.1 Passenger Rail
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Rail Freight
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Railroads Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Central Japan Railway Company
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 SNCF Group
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Union Pacific Railroad Company
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 JSC Russian Railways Logistics
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Others
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Railroads Market: Key Industry Highlights, 2016 and 2026
2. Global Railroads Historical Market: Breakup by Type (USD Million), 2017-2021
3. Global Railroads Market Forecast: Breakup by Type (USD Million), 2022-2027
4. Global Railroads Historical Market: Breakup by Region (USD Million), 2017-2021
5. Global Railroads Market Forecast: Breakup by Region (USD Million), 2022-2027
6. North America Railroads Historical Market: Breakup by Country (USD Million), 2017-2021
7. North America Railroads Market Forecast: Breakup by Country (USD Million), 2022-2027
8. Europe Railroads Historical Market: Breakup by Country (USD Million), 2017-2021
9. Europe Railroads Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Asia Pacific Railroads Historical Market: Breakup by Country (USD Million), 2017-2021
11. Asia Pacific Railroads Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Latin America Railroads Historical Market: Breakup by Country (USD Million), 2017-2021
13. Latin America Railroads Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Middle East and Africa Railroads Historical Market: Breakup by Country (USD Million), 2017-2021
15. Middle East and Africa Railroads Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Global Railroads Market Structure
Key Questions Answered in the Report
The global railroads market is supported by the growth of global rail transport market, which is expected to grow at a CAGR of 3% in the forecast period of 2022-2027.
The global railroads market is supported by the growth of global rail transport market, which is expected to reach a value of approximately USD 253 billion by 2026.
The major drivers of the market include the technological advancements along with rising in the automotive industry.
The key market trends guiding the growth of the industry include rising demand in the passenger rail segment.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Passenger rail and rail freight are the leading types in the industry.
The major players in the industry are Central Japan Railway Company, SNCF Group, Union Pacific Railroad Company, and JSC Russian Railways Logistics, among others.
Analyst Review
The global railroads market is supported by the growth of global rail transport market, which is expected to grow at a CAGR of 3% in the forecast period of 2022-2027 to reach a value of approximately USD 253 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the railroads industry can be bifurcated into passenger rail and rail freight. The major regional markets for railroads are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Central Japan Railway Company, SNCF Group, Union Pacific Railroad Company, and JSC Russian Railways Logistics, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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