Transportation Services

Opportunities And Strategies Analysis For The Passenger Rail Transport Market – Includes Passenger Rail Transport Market Research

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Technology is expected to be a continued driver of the passenger rail transport services market growth during forecast period, as per The Business Research Company’s passenger rail transport market opportunities and strategies report.

 

The passenger rail transport market is expected to reach $307.4 billion in 2025 at a CAGR of 6.8%. The passenger rail transport market is then expected to grow at a CAGR of 4.7% from 2025 and reach $386.0 billion in 2030.

 

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Major players in the passenger rail transport market include Central Japan Railway Company, SNCF Deutsche Bahn, West Japan Railway Company (JR-West), Indian Railways.

 

Digitalization has emerged as the key trend for innovation in the railway transportation services. It offers major benefits to simplify operations, increase asset efficiency and enhance the experience of passengers while at the same time reduce costs. Digitalization is used to collect real-time data on rail movements and is a predictive maintenance facilitator for fixed assets and rail infrastructure. The focus on digital trains and connected railways at lowered prices shows that the pace of acceptance of these digitalization methods will increase in 2019 and ahead.

 

The Global Passenger Rail Transport Market Is Segmented:
By Type: Short Distance, Medium Distance, Long Distance
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

 

TBRC’s Passenger Rail Transport Market Report Covers:

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Passenger Rail Transport Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough passenger rail transport market research, analyzes and forecasts passenger rail transport market size, passenger rail transport market share, passenger rail transport market players, passenger rail transport market trends, passenger rail transport market segmentation and geographies, leading competitor revenues, profiles and market shares.

 

TBRC’s passenger rail transport market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

The passenger rail transport market consists of sales of passenger rail transportation services and related goods by entities (organizations, sole traders and partnerships) that transport people from one location to another for an amount or fee. The passenger rail transportation services industry includes establishments that provide services to move people using trains.

 

View Similar Reports From The Business Research Company:

Transport Global Market Report 2022

Rail Transport Global Market Report 2022

Transit And Ground Passenger Transport Global Market Report 2022

 

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