DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/k48gbh/rail_travel) has announced the addition of the "Rail Travel Market Report 2014" report to their offering.
According to this newest edition of Rail Travel, in 2013/2014, the total value of passenger receipts for UK rail travel increased by 6.2% on the previous year, and witnessed a rise of 32.4% from 2009/2010. In addition, passenger journeys grew by 23.5% over the 5-year review period, with passenger kilometres travelled growing by 17.9% over the same timeframe.
The UK rail travel industry has, for the purpose of this report, been split into four distinct sectors. Firstly, National Rail, which represents the greatest share of the industry in terms of passenger receipts. Secondly, urban rail services, which includes underground systems such as those in London and Glasgow, in addition to other metro, light rail and tram operators. Thirdly, Northern Ireland Railway services, which are analysed separately to rail services in Great Britain. Finally, international rail services, which consist of the shuttle service provided by Eurotunnel that operates between Folkstone and Calais, in addition to the Eurostar.
The UK rail sector continues to be considerably supported by the UK Government, which in 2013/2014 spent over £5bn subsidising rail travel. This figure is an increase of 13.1% on the level seen in 2009/2010. In March 2014, the Government also set out a 5-year investment strategy for the sector worth an estimated £38bn. This is in addition to commitments to improve high-speed rail services (HS2 and HS3) in the UK, which will represent a substantial investment in the UK rail industry, with the prevailing perception confirming that cutting the journey time between the north and south of England, is an important factor when forming UK transportation policy for the future.
Looking forwards, it is estimated that the total value of rail receipts in the UK rail travel industry will grow by 25.3% over the 5-year period between 2014/2015 and 2018/2019. It is predicted that the number of passenger journeys on rail services in the UK will also grow robustly in the coming years, as will the overall number of passenger kilometres travelled via rail.
Key Topics Covered:
1. Foreword
2. Introduction and Definition
3. Executive Summary
4. What's KEY in the Market?
5. Market Size, Segmentation and Forecasts
6. International Perspective
7. Competitor Analysis
8. Buying Behaviour
9. Strengths, Weaknesses, Opportunities and Threats
10. PESTEL
11. Further Sources
12. Understanding Consumer Survey Data
Companies Mentioned
- East Coast Main Line Company Ltd
- Eurostar International Ltd
- First Greater Western Ltd
- First ScotRail Ltd
- London Underground Ltd
- London and South Eastern Railway Ltd
- Network Rail
- Southern Railway Ltd
- Stagecoach South Western Trains Ltd
- Virgin Rail Group Holdings Ltd
For more information visit http://www.researchandmarkets.com/research/k48gbh/rail_travel
