Quick Summary:
The global railroads market is poised for formidable growth in the next decade, projected to reach an impressive $1.2 Trillion by 2030 from an estimated US$676 Billion in 2022. The financial potential in this evolving market space can be leveraged for substantial gains.
This comprehensive market research report provides in-depth analysis across all key segments including Passenger Rail and the Rail Freight. Moreover, it highlights essential geographical markets such as the United States, China, Japan, Canada, and Germany detailing their projected market growth rates. This report goes beyond the numbers, offering a macroscopic perspective of the industry with special attention to global competitors and their market shares.
From insights into global competitiveness to offering unique online interactive updates, our research material equips you for well-informed decision making. Furthermore, each purchase comes with access to our digital archives and robust Research Platform, complimented by updates for one year.
Global Railroads Market to Reach $1.2 Trillion by 2030
The global market for Railroads estimated at US$676 Billion in the year 2022, is projected to reach a revised size of US$1.2 Trillion by 2030, growing at a CAGR of 7.9% over the analysis period 2022-2030. Passenger Rail, one of the segments analyzed in the report, is projected to record 8.3% CAGR and reach US$784 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Rail Freight segment is readjusted to a revised 7.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $184.2 Billion, While China is Forecast to Grow at 12.7% CAGR
The Railroads market in the U.S. is estimated at US$184.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$296.2 Billion by the year 2030 trailing a CAGR of 12.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 6.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.Select Competitors (Total 141 Featured) -
- Burlington Northern Santa Fe (BNSF)
- Canadian National
- Canadian Pacific
- Central Japan Railway Company
- CSX Transportation
- Norfolk Southern
- OAO RZD (Russian Railways)
- SNCF Group
- Union Pacific Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- 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 digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Railroads?
What is the growth rate of the Global Market for Railroads?
What is the forecasted size of the Global Market for Railroads?
Who are the key companies in the Global Market for Railroads?
| Report Attribute | Details |
|---|---|
| No. of Pages | 239 |
| Published | November 2023 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 619.7 Billion |
| Forecasted Market Value ( USD | $ 988.3 Billion |
| Compound Annual Growth Rate | 6.9% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Burlington Northern Santa Fe (BNSF)
- Canadian National
- Canadian Pacific
- Central Japan Railway Company
- CSX Transportation
- Norfolk Southern
- OAO RZD (Russian Railways)
- SNCF Group
- Union Pacific Corporation
