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The availability of high-speed trains is expected to drive the rail transport market over forecast period, as per The Business Research Company’s rail transport market opportunities and strategies report.

The rail transport market is expected to reach $658.4 billion in 2025 at a rate of 7.0%. The global rail transport market is then expected to grow at a CAGR of 5.1% from 2025 and reach $845.7 billion in 2030.

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Major players in the rail transport market include Deutsche Bahn, BNSF, JSC Russian Railways, Indian Railways, SNCF.

Public and private railway companies across the world are moving towards energy efficient power supply systems such as a head on generation (HOG) system rather than an end on generation (EOG) system for their trains. The HOG power supply system provides multiple benefits to the railway company such as reduced noise pollution and economical power generation through eliminated diesel consumption. These benefits further result in improvements in revenue and lower operational costs due to decreased maintenance requirements. The HOG system also enables increase in coach capacity, as the traditional EOG system requires a minimum of two generator cars to supply power. Railway companies are recognizing the benefits of this technology and are making efforts to explore the sustainable power supply system.

The Global Rail Transport Market Is Segmented:
By Type: Passenger Rail (Short-Distance Passenger Transport, Medium-Distance Passenger Transport, Large-Distance Passenger Transport), Rail Freight (Intermodals, Tank Wagons, Freight Cars)

By Distance: Short-Distance Passenger Transport, Medium-Distance Passenger Transport, Large-Distance Passenger Transport
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

TBRC’s 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 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 rail transport market research, analyzes and forecasts rail transport market size, rail transport market share, rail transport market players, rail transport market trends, rail transport market segmentation and geographies, leading competitor revenues, profiles and market shares.

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

The rail transport market consists of sales of rail transportation services and related goods by entities (organizations, sole traders and partnerships) that transport goods and people from one location to another for an amount or fee. The rail transportation services industry includes establishments that provide services to move people, goods and materials through trains. The market excludes street railroads, inner city commuter rail (such as localized underground and overground networks), urban rapid transit, scenic, and sightseeing train transportation.

View Similar Reports From The Business Research Company:

Passenger Rail Transport Global Market Report 2022

Rail Freight Global Market Report 2022

Rail Asset Management Global Market Report 2022

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