Passenger Railways - Global Market Trajectory & Analytics

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Global Passenger Railways Market to Reach $71.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Passenger Railways estimated at US$38.9 Billion in the year 2020, is projected to reach a revised size of US$71.4 Billion by 2027, growing at a CAGR of 9.1% over the period 2020-2027.

The U.S. Market is Estimated at $10.5 Billion, While China is Forecast to Grow at 12.1% CAGR

The Passenger Railways market in the U.S. is estimated at US$10.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$14.9 Billion by the year 2027 trailing a CAGR of 12.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 7.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.

Select Competitors (Total 42 Featured):

Cisco Systems, Inc.
Siemens AG
Hitachi Ltd.
Toshiba Corporation
ABB
Mitsubishi Electric Corporation
Nokia Corporation
General Electric Company
Atos SE
Thales Group
Advantech
Indra Sistemas SA
Cubic Corporation
Bharat Forge Ltd.
Bombardier, Inc.
Trimble, Inc.
Alstom
GAO RFID, Inc.
Teleste Corporation
Vedanta Ltd.
West Japan Railway Company
Ansaldo STS
Canadian National Railway Company
Canadian Pacific Railway
Deutsche Bahn AG
East Japan Railway Co
Eurotech
MTR Corporation Limited
Norfolk Southern Corp.
Union Pacific Corporation
OptaSense
Wabtec Corporation
EKE-Electronics Ltd
Passio Technologies
Simpleway Europe A.S.
ST Engineering
IRCTC -The Indian Railway Catering and Tourism Corporation Limited
TELEVIC GROUP
IBM
Huawei Technologies Co. Ltd.
Bharat Heavy Electricals
DXC Technology
Frequentis

Frequently Asked Questions about the Global Market for Passenger Railways

What is the estimated value of the Global Market for Passenger Railways?

The Global Market for Passenger Railways was estimated to be valued at $38.9 Billion in 2020.

What is the growth rate of the Global Market for Passenger Railways?

The growth rate of the Global Market for Passenger Railways is 9.1%, with an estimated value of $71.4 Billion by 2027.

What is the forecasted size of the Global Market for Passenger Railways?

The Global Market for Passenger Railways is estimated to be worth $71.4 Billion by 2027.

Report Attribute	Details
No. of Pages	138
Published	April 2021
Forecast Period	2020 - 2027
Estimated Market Value ( USD ) in 2020	$ 38.9 Billion
Forecasted Market Value ( USD ) by 2027	$ 71.4 Billion
Compound Annual Growth Rate	9.1%

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Current & Future Analysis for Passenger Railways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 2: World Historic Review for Passenger Railways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 3: World 15-Year Perspective for Passenger Railways by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2020 & 2027

III. MARKET ANALYSIS

UNITED STATES
Table 4: USA Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 5: USA Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
CANADA
Table 6: Canada Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 7: Canada Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
JAPAN
Table 8: Japan Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 9: Japan Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
CHINA
Table 10: China Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 11: China Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
EUROPE
Table 12: Europe Current & Future Analysis for Passenger Railways by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 13: Europe Historic Review for Passenger Railways by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 14: Europe 15-Year Perspective for Passenger Railways by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2020 & 2027
FRANCE
Table 15: France Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 16: France Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
GERMANY
Table 17: Germany Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 18: Germany Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
ITALY
Table 19: Italy Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 20: Italy Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
UNITED KINGDOM
Table 21: UK Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 22: UK Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
SPAIN
Table 23: Spain Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 24: Spain Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
RUSSIA
Table 25: Russia Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 26: Russia Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
REST OF EUROPE
Table 27: Rest of Europe Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 28: Rest of Europe Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
ASIA-PACIFIC
Table 29: Asia-Pacific Current & Future Analysis for Passenger Railways by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 30: Asia-Pacific Historic Review for Passenger Railways by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 31: Asia-Pacific 15-Year Perspective for Passenger Railways by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2020 & 2027
AUSTRALIA
Table 32: Australia Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 33: Australia Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
INDIA
Table 34: India Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 35: India Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
SOUTH KOREA
Table 36: South Korea Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 37: South Korea Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
REST OF ASIA-PACIFIC
Table 38: Rest of Asia-Pacific Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 39: Rest of Asia-Pacific Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
LATIN AMERICA
Table 40: Latin America Current & Future Analysis for Passenger Railways by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 41: Latin America Historic Review for Passenger Railways by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 42: Latin America 15-Year Perspective for Passenger Railways by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2020 & 2027
ARGENTINA
Table 43: Argentina Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 44: Argentina Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
BRAZIL
Table 45: Brazil Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 46: Brazil Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
MEXICO
Table 47: Mexico Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 48: Mexico Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
REST OF LATIN AMERICA
Table 49: Rest of Latin America Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 50: Rest of Latin America Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
MIDDLE EAST
Table 51: Middle East Current & Future Analysis for Passenger Railways by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 52: Middle East Historic Review for Passenger Railways by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 53: Middle East 15-Year Perspective for Passenger Railways by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2012, 2020 & 2027
IRAN
Table 54: Iran Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 55: Iran Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
ISRAEL
Table 56: Israel Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 57: Israel Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
SAUDI ARABIA
Table 58: Saudi Arabia Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 59: Saudi Arabia Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
UNITED ARAB EMIRATES
Table 60: UAE Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 61: UAE Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
REST OF MIDDLE EAST
Table 62: Rest of Middle East Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 63: Rest of Middle East Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
AFRICA
Table 64: Africa Current & Future Analysis for Passenger Railways by Segment - Passenger Railway - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 65: Africa Historic Review for Passenger Railways by Segment - Passenger Railway Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR

IV. COMPETITION

Total Companies Profiled: 42

What is the estimated value of the Global Market for Passenger Railways?

What is the growth rate of the Global Market for Passenger Railways?

What is the forecasted size of the Global Market for Passenger Railways?

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