New York, May 27, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Bullet Train / High-Speed Rail Industry" - https://www.reportlinker.com/p06219478/?utm_source=GNW
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Global Bullet Train / High-Speed Rail Market to Reach 7.6 Thousand Units by the Year 2026
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. The total number of countries with bullet train/high-speed rail is estimated to increase notably in the coming years, including the US, Spain, Germany, Italy, France, Japan and China. Countries like Japan, Spain, France, Germany and China have revolutionized public transportation through implementation of an extensive high-speed train network that has played an important role in significantly expediting the journey time.
Amid the COVID-19 crisis, the global market for Bullet Train / High-Speed Rail estimated at 5.6 Thousand Units in the year 2020, is projected to reach a revised size of 7.6 Thousand Units by 2026, growing at a CAGR of 5.3% over the analysis period. Electric, one of the segments analyzed in the report, is projected to grow at a 5.4% CAGR to reach 7.2 Thousand Units by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Other Propulsion Types segment is readjusted to a revised 4% CAGR for the next 7-year period. Electric railways are used either for electric locomotives for hauling freight or passengers in separate railcars, or electric multiple units (EMUs) comprising electrically-powered carriages, or both. Electrically-powered locomotives are also typically more reliable, responsive, powerful, and quieter as compared to their diesel-based counterparts. The power for electric railways can be generated from a wide range of energy sources, including renewable resources, making them more efficient than a diesel engine as well as reducing the reliance on petroleum.
The U.S. Market is Estimated at 49 Units in 2021, While China is Forecast to Reach 3.7 Thousand Units by 2026
The Bullet Train / High-Speed Rail market in the U.S. is estimated at 49 Units in the year 2021. The country currently accounts for a 0.9% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of 3.7 Thousand Units in the year 2026 trailing a CAGR of 4.6% through the analysis period. Among the other noteworthy geographic markets are Japan and Europe, each forecast to grow at 4% and 5.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR over the analysis period. Around 20 nations have high-speed railways with China featuring the world`s longest network of 35,000km of such tracks. The Chinese government aims to bridge the long distance routes between production areas and key logistics sites by high-speed rail, which offers a safer, more sustainable and low-energy consuming transportation medium. China National Railways has been operating over 9,600 high-speed trains each day by late 2020. These trains included the only high-speed overnight sleeper services in the world. Europe is a major high-speed rail market and is anticipated to continue expanding, driven by long-term plan of the European Commission to expand the high-speed rail lines length from 9,700 km to 30,750 km by 2030. Among the European countries, Spain has the longest network of high-speed railways (AVE, Alta Velocidad Española). The nation ranks next to China as the second longest high speed rail network in the world with over with over 3200km of track.
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
Read the full report: https://www.reportlinker.com/p06219478/?utm_source=GNW
I. METHODOLOGY
II. 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
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