Rail Transport Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the rail transport industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected rail transport market growth numbers 2021-2030.
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The Rail Transport Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global rail transport market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Rail Transport Global Market Report 2021 covers rail transport market drivers, rail transport market trends, rail transport market growth rate, rail transport market major players, player-adopted strategies in the market, and rail transport market size.
The global rail transport market reached a value of nearly $468.6 billion in 2020, having increased at a compound annual growth rate (CAGR) of 1.5% since 2015. The market is expected to grow from $468.6 billion in 2020 to $ 658.4 billion in 2025 at a rate of 7.0%. The global rail transport market is then expected to grow at a CAGR of 5.1% from 2025 and reach $ 845.7 billion in 2030.
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The report covers the rail transport market segments-
Segmentation by Type
1) Type: Passenger Rail, Rail Freight
The passenger rail transport market is sub-segmented by type into short-distance passenger transport, medium-distance passenger transport, large-distance passenger transport
The rail freight market is sub-segmented by type into intermodals, tank wagons, freight cars
2) Distance: Long-Distance Rail Transport, Short-Distance Rail Transport
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