Reports
Global Railroads Market Analysis, Share, Trends, Forecast: By Type: Passenger Rail, Rail Freight; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
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 2024-2032 to reach a value of approximately USD 302.10 billion by 2032.
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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.
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.
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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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Opportunities and Challenges in the Market
8 Global Railroads Market Analysis
8.1 Key Industry Highlights
8.2 Global Railroads Historical Market (2018-2023)
8.3 Global Railroads Market Forecast (2024-2032)
8.4 Global Railroads Market by Type
8.4.1 Passenger Rail
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Rail Freight
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Railroads Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Railroads Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Railroads Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Railroads Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Railroads Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Railroads Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Central Japan Railway Company
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 SNCF Group
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Union Pacific Railroad Company
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 JSC Russian Railways Logistics
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Others
17 Key Trends and Developments in the Market
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, 2018 and 2032
2. Global Railroads Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Railroads Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Railroads Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Railroads Market Forecast: Breakup by Region (USD Million), 2024-2032
6. North America Railroads Historical Market: Breakup by Country (USD Million), 2018-2023
7. North America Railroads Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Railroads Historical Market: Breakup by Country (USD Million), 2018-2023
9. Europe Railroads Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Asia Pacific Railroads Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Railroads Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Railroads Historical Market: Breakup by Country (USD Million), 2018-2023
13. Latin America Railroads Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Middle East and Africa Railroads Historical Market: Breakup by Country (USD Million), 2018-2023
15. Middle East and Africa Railroads Market Forecast: Breakup by Country (USD Million), 2024-2032
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 2024-2032.
The global railroads market is supported by the growth of global rail transport market, which is expected to reach a value of approximately USD 302.10 billion by 2032.
The major drivers of the market include the technological advancements in railways and increasing use of railways for carrying heavy freight.
The key trends guiding the growth of the market include the rising demand in the passenger rail segment and the increasing investments in railway line projects.
The major regions in the market 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 market.
The key players in the global railroads market 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 2024-2032 to reach a value of approximately USD 302.10 billion by 2032.
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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