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Bullet Train / High-Speed Rail - Global Market Trajectory & Analytics

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    Report

  • 191 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4845739

Global Bullet Train / High-Speed Rail Market to Reach 8000 Units by 2027

Amid the COVID-19 crisis, global market for Bullet Train / High-Speed Rail estimated at 5600 units in the year 2020, is projected to reach a revised size of 8000 units by 2027, growing at a CAGR of 5.3% over the period 2020-2027.

Bullet trains and high-speed rail represent an advanced option to transport passengers or goods at higher speeds in comparison to conventional trains. Growth in the global market is set to be driven by rising adoption of mass rapid transit coupled with the need to expedite journey time and ease traffic congestion. The significant growth potential is led by attributes such as transport efficiency, high safety and security levels, high level of reliability and environmental friendliness. The global market is set to receive a noteworthy impetus from increasing public expenditure to develop rail transport network, unabated surge in passenger traffic and attractive incentives associated with the use of energy-efficient rail. Factors such as increasing construction activities and rapid urbanization are paving way for connectivity between urban and rural or semi-urban areas, which is bound to present new growth avenues for the market. Bullet train/high-speed rail is likely to also benefit from rapid industrialization and the resulting spike in logistics along with ongoing technological advancements to improve safety and reliability of these trains.

Select Competitors (Total 38 Featured)

  • ABB Ltd
  • Alstom SA
  • Construcciones y Auxiliar de Ferrocarriles, S.A.
  • CRRC Corporation Limited
  • Hitachi Ltd.
  • Japan Association of Rolling Stock Industries
  • Kawasaki Rail Car, Inc.
  • Korea Railroad Research Institute
  • Mitsubishi Heavy Industries Ltd.
  • Siemens AG
  • Talgo S.A.
  • Thales Group
  • Toshiba Infrastructure Systems & Solutions Corporation
  • Union of European Railway Industries

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to a digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • 2020: A Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Impact of Pandemic on Transport & Rail Industries
  • Transportation Industry Bites the Dust
  • Rail Freight Slumps Amid the Crisis
  • Monthly Passenger Rail Miles Traveled in the US: Dec 2019 to May 2020 (in billions)
  • COVID-19 Storm Delays High-Speed Rail Projects
  • Bullet Train / High-Speed Rail - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Bullet Train/High Speed Rail: An Introduction
  • Market Outlook
  • Regional Landscape
  • China Dominates the World Market
  • Autonomous Trains Gain Focus
  • China Braces for Upcoming Projects
  • Japan
  • Europe
  • Select High-speed Rail in Europe in Development by Country
  • United States
  • US High-Speed Rail Needs Infrastructure Funding & New Projects for Major Jumpstart
  • High-Speed Rail Yet to Reach Destination despite Plentiful Direct & Spillover Merits
  • A Look into World's Fastest Commercial Trains
  • Breakdown of Length of High-Speed Rail Network by Region: 2020
  • Breakdown of Length of High-Speed Network under Construction by Region: 2020
  • Breakdown of Length of High-Speed Network in Commercial Operation by Country: 2020
  • World's Fastest Trains in Operation by Speed in Miles/hr: March 2021
  • Competition
  • Market Share of Leading Players in Bullet Train/High-Speed Rail Market: 2019
  • Recent Market Activity
  • World Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Demand for Maglev Technology Augurs Well
  • Japan & China: Key Adopters of Maglev Technology
  • Global High-Speed Rail Fleet by Technology: 2021 & 2027
  • Advanced Capabilities of Bullet/ High-Speed Rail as Public Transit Mode Widen the Addressable Market
  • Compelling Merits of High-Speed Trains
  • High-Speed Trains Gain as Railway Sustainability Comes to the Fore with COVID-19 Reinforcing the Importance of Environmental Protection & Climate Change Management
  • Global C02 Emissions (In Billion Metric Tons) for Years 2000 Through 2020
  • Carbon Dioxide Emissions in Lbs Per Passenger by Transportation Mode
  • Growing Focus on the Environment Triggers the Trend Towards Railway Electrification
  • Rising Government Spending Bodes Well
  • High Speed Trains Benefit as Governments Step Up the Focus on Developing Rapid Transit Systems
  • Increasing Realization about Benefits of Rail Freight Augur Well for the Market
  • Congestion Issues with Road Passenger and Freight Transportation Drives Interest
  • World Urban Population in Million and as Percentage of Total Population for the Period 1950-2050P
  • Technology Advancements Drive Future Growth
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Bullet Train / High-Speed Rail by Geographic Region - USA, Japan, China, Europe and Rest of World Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Bullet Train / High-Speed Rail by Geographic Region - USA, Japan, China, Europe and Rest of World Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2015 through 2019 and % CAGR
  • Table 3: World 12-Year Perspective for Bullet Train / High-Speed Rail by Geographic Region - Percentage Breakdown of Value Fleet for USA, Japan, China, Europe and Rest of World Markets for Years 2015, 2021 & 2027
  • Table 4: World Recent Past, Current & Future Analysis for Electric by Geographic Region - USA, Japan, China, Europe and Rest of World Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for Electric by Geographic Region - USA, Japan, China, Europe and Rest of World Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2015 through 2019 and % CAGR
  • Table 6: World 12-Year Perspective for Electric by Geographic Region - Percentage Breakdown of Value Fleet for USA, Japan, China, Europe and Rest of World for Years 2015, 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Other Propulsion Types by Geographic Region - USA, Japan, China, Europe and Rest of World Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Other Propulsion Types by Geographic Region - USA, Japan, China, Europe and Rest of World Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2015 through 2019 and % CAGR
  • Table 9: World 12-Year Perspective for Other Propulsion Types by Geographic Region - Percentage Breakdown of Value Fleet for USA, Japan, China, Europe and Rest of World for Years 2015, 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
  • Bullet Train / High-Speed Rail Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
  • Table 10: USA Recent Past, Current & Future Analysis for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types - Independent Analysis of Annual Fleet in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 11: USA Historic Review for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2015 through 2019 and % CAGR
  • Table 12: USA 12-Year Perspective for Bullet Train / High-Speed Rail by Propulsion Type - Percentage Breakdown of Value Fleet for Electric and Other Propulsion Types for the Years 2015, 2021 & 2027
JAPAN
  • Bullet Train / High-Speed Rail Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
  • Table 13: Japan Recent Past, Current & Future Analysis for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types - Independent Analysis of Annual Fleet in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 14: Japan Historic Review for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2015 through 2019 and % CAGR
  • Table 15: Japan 12-Year Perspective for Bullet Train / High-Speed Rail by Propulsion Type - Percentage Breakdown of Value Fleet for Electric and Other Propulsion Types for the Years 2015, 2021 & 2027
CHINA
  • Bullet Train / High-Speed Rail Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
  • Table 16: China Recent Past, Current & Future Analysis for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types - Independent Analysis of Annual Fleet in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 17: China Historic Review for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2015 through 2019 and % CAGR
  • Table 18: China 12-Year Perspective for Bullet Train / High-Speed Rail by Propulsion Type - Percentage Breakdown of Value Fleet for Electric and Other Propulsion Types for the Years 2015, 2021 & 2027
EUROPE
  • Bullet Train / High-Speed Rail Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
  • Table 19: Europe Recent Past, Current & Future Analysis for Bullet Train / High-Speed Rail by Geographic Region - France, Germany, Italy, Spain and Rest of Europe Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 20: Europe Historic Review for Bullet Train / High-Speed Rail by Geographic Region - France, Germany, Italy, Spain and Rest of Europe Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2015 through 2019 and % CAGR
  • Table 21: Europe 12-Year Perspective for Bullet Train / High-Speed Rail by Geographic Region - Percentage Breakdown of Value Fleet for France, Germany, Italy, Spain and Rest of Europe Markets for Years 2015, 2021 & 2027
  • Table 22: Europe Recent Past, Current & Future Analysis for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types - Independent Analysis of Annual Fleet in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 23: Europe Historic Review for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2015 through 2019 and % CAGR
  • Table 24: Europe 12-Year Perspective for Bullet Train / High-Speed Rail by Propulsion Type - Percentage Breakdown of Value Fleet for Electric and Other Propulsion Types for the Years 2015, 2021 & 2027
FRANCE
  • Bullet Train / High-Speed Rail Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
  • Table 25: France Recent Past, Current & Future Analysis for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types - Independent Analysis of Annual Fleet in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 26: France Historic Review for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2015 through 2019 and % CAGR
  • Table 27: France 12-Year Perspective for Bullet Train / High-Speed Rail by Propulsion Type - Percentage Breakdown of Value Fleet for Electric and Other Propulsion Types for the Years 2015, 2021 & 2027
GERMANY
  • Bullet Train / High-Speed Rail Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
  • Table 28: Germany Recent Past, Current & Future Analysis for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types - Independent Analysis of Annual Fleet in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 29: Germany Historic Review for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2015 through 2019 and % CAGR
  • Table 30: Germany 12-Year Perspective for Bullet Train / High-Speed Rail by Propulsion Type - Percentage Breakdown of Value Fleet for Electric and Other Propulsion Types for the Years 2015, 2021 & 2027
ITALY
  • Table 31: Italy Recent Past, Current & Future Analysis for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types - Independent Analysis of Annual Fleet in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 32: Italy Historic Review for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2015 through 2019 and % CAGR
  • Table 33: Italy 12-Year Perspective for Bullet Train / High-Speed Rail by Propulsion Type - Percentage Breakdown of Value Fleet for Electric and Other Propulsion Types for the Years 2015, 2021 & 2027
SPAIN
  • Table 34: Spain Recent Past, Current & Future Analysis for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types - Independent Analysis of Annual Fleet in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 35: Spain Historic Review for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2015 through 2019 and % CAGR
  • Table 36: Spain 12-Year Perspective for Bullet Train / High-Speed Rail by Propulsion Type - Percentage Breakdown of Value Fleet for Electric and Other Propulsion Types for the Years 2015, 2021 & 2027
REST OF EUROPE
  • Table 37: Rest of Europe Recent Past, Current & Future Analysis for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types - Independent Analysis of Annual Fleet in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 38: Rest of Europe Historic Review for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2015 through 2019 and % CAGR
  • Table 39: Rest of Europe 12-Year Perspective for Bullet Train / High-Speed Rail by Propulsion Type - Percentage Breakdown of Value Fleet for Electric and Other Propulsion Types for the Years 2015, 2021 & 2027
REST OF WORLD
  • Table 40: Rest of World Recent Past, Current & Future Analysis for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types - Independent Analysis of Annual Fleet in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 41: Rest of World Historic Review for Bullet Train / High-Speed Rail by Propulsion Type - Electric and Other Propulsion Types Markets - Independent Analysis of Annual Fleet in US$ Thousand for Years 2015 through 2019 and % CAGR
  • Table 42: Rest of World 12-Year Perspective for Bullet Train / High-Speed Rail by Propulsion Type - Percentage Breakdown of Value Fleet for Electric and Other Propulsion Types for the Years 2015, 2021 & 2027
IV. COMPETITION
  • Total Companies Profiled: 38

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ABB Ltd
  • Alstom SA
  • Construcciones y Auxiliar de Ferrocarriles, S.A.
  • CRRC Corporation Limited
  • Hitachi Ltd.
  • Japan Association of Rolling Stock Industries
  • Kawasaki Rail Car, Inc.
  • Korea Railroad Research Institute
  • Mitsubishi Heavy Industries Ltd.
  • Siemens AG
  • Talgo S.A.
  • Thales Group
  • Toshiba Infrastructure Systems & Solutions Corporation
  • Union of European Railway Industries