Dublin, June 11, 2020 (GLOBE NEWSWIRE) -- The "Passenger Rail Transport Global Market Report 2020-30: Covid 19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the global passenger rail transport market as it emerges from the Covid 19 shut down.
The global passenger rail transport market is expected to decline from $236.3 billion in 2019 to $228.2 billion in 2020 at a compound annual growth rate (CAGR) of -3.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $267.7 billion in 2023.
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- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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- Report will be updated with the latest data and delivered to you within 3 working days of order.
Where is the largest and fastest growing market for the passenger rail transport? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Passenger Rail Transport global market report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider passenger rail transport market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The passenger rail transport market section of the report gives context. It compares the passenger rail transport market with other segments of the rail transport market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, passenger rail transport indicators comparison.
The passenger rail transport market consists of sales of passenger rail transportation services by entities (organizations, sole traders and partnerships) that use trains to provide transport for passengers from a station where they board the train to a destination station.
Western Europe was the largest region in the global passenger rail transport market, accounting for 33% of the market in 2019. Asia Pacific was the second largest region accounting for 28% of the global passenger rail transport market. Africa was the smallest region in the global passenger rail transport market.
Most of the customers now expect service providers to accept payment through cards and digital wallets. With the development of applications like Apple pay, rail transportation service providers are also willing to offer platforms for varied payments. As customers become more aware of contactless bank cards and mobile payments, adoption of virtual payment technologies is expected to rise significantly. For example, in the UK, 46.1 million contactless card transactions were made in December 2014 . Rail transportation companies such as Canada's Via Rail are accepting electronic payments made using digital wallet MasterPass, and card payments via debit and credit cards.
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Passenger Rail Transport Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Passenger Rail Transport Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Passenger Rail Transport Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Passenger Rail Transport Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Passenger Rail Transport Market Trends And Strategies
8. Passenger Rail Transport Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market
9. Passenger Rail Transport Market Regional Analysis
9.1. Global Passenger Rail Transport Market, 2019, By Region, Value ($ Billion)
9.2. Global Passenger Rail Transport Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
9.3. Global Passenger Rail Transport Market, Growth And Market Share Comparison, By Region
10. Passenger Rail Transport Market Segmentation
10.1. Global Passenger Rail Transport Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
11. Passenger Rail Transport Market Metrics
11.1. Passenger Rail Transport Market Size, Percentage Of GDP, 2015-2023, Global
11.2. Per Capita Average Passenger Rail Transport Market Expenditure, 2015-2023, Global
12. Asia-Pacific Passenger Rail Transport Market
13. Western Europe Passenger Rail Transport Market
14. Eastern Europe Passenger Rail Transport Market
15. North America Passenger Rail Transport Market
16. South America Passenger Rail Transport Market
17. Middle East Passenger Rail Transport Market
18. Africa Passenger Rail Transport Market
19. Passenger Rail Transport Market Competitive Landscape
19.1. Competitive Market Overview
19.2. Market Shares
19.3. Company Profiles
19.3.1. East Japan Railway
19.3.1.1. Company Overview
19.3.1.2. Products And Services
19.3.1.3. Strategy
19.3.1.4. Financial Performance
19.3.2. MTR Hong Kong
19.3.2.1. Company Overview
19.3.2.2. Products And Services
19.3.2.3. Strategy
19.3.2.4. Financial Performance
19.3.3. Central Japan Railway
19.3.3.1. Company Overview
19.3.3.2. Products And Services
19.3.3.3. Strategy
19.3.3.4. Financial Performance
19.3.4. West Japan Railway
19.3.4.1. Company Overview
19.3.4.2. Products And Services
19.3.4.3. Strategy
19.3.4.4. Financial Performance
19.3.5. Canadian Pacific Railway
19.3.5.1. Company Overview
19.3.5.2. Products And Services
19.3.5.3. Strategy
19.3.5.4. Financial Performance
20. Key Mergers And Acquisitions In The Passenger Rail Transport Market
21. Market Background: Rail Transport Market
21.1. Rail Transport Market Characteristics
21.2. Rail Transport Market Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F Growth, By Segment, Value ($ Billion), Global
21.3. Global Rail Transport Market, 2019, By Region, Value ($ Billion)
21.4. Global Rail Transport Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
21.5. Global Rail Transport Market, 2015-2019, 2023F, 2025F, 2030F, Segmentation By Type, Value ($ Billion)
22. Recommendations
22.1. Global Passenger Rail Transport Market In 2023- Growth Countries
22.2. Global Passenger Rail Transport Market In 2023- Growth Segments
22.3. Global Passenger Rail Transport Market In 2023- Growth Strategies
23. Appendix
23.1. NAICS Definitions Of Industry Covered In This Report
23.2. Abbreviations
23.3. Currencies
23.4. Research Inquiries
23.5. About the Publisher
24. Copyright And Disclaimer
Companies Mentioned
- East Japan Railway
- MTR Hong Kong
- Central Japan Railway
- West Japan Railway
- Canadian Pacific Railway
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