This report covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.
The global rail transportation market was estimated to be around $530 billion as of 2017. The global rail transportation made up around 9% of the overall transportation services market in 2017. The rail transportation market was the third largest market in the global transportation services market in 2017.
Rail stations are evolving from a traditional transit facility to a facility offering leisure and entertainment services. Some of the services offered by rail transportation companies include automated ticketing, helipads and facilities with ergonomic design. Rail stations also serve as a crucial link between commercial, leisure and residential spaces, and are thus redeveloped to generate additional revenues for rail operators.
In 2017, the redevelopment of Darlington station was announced in the UK. The new station is expected to have 98,500 square meters of commercial space providing over 3,000 direct and indirect jobs, and additional revenues to its operators. Another example is the station redevelopment project launched in India, in February 2017. This project includes redevelopment of 400 A1- and A-category rail stations by Indian Railways under a public-private-partnership (PPP) model to generate non-fare revenue. These redeveloped stations will offer digital signage, escalators and elevators, self-ticketing counters, executive lounges, luggage screening machines, walkways and holding areas for passengers.
- Markets Covered: Passenger, Freight.
- Time Series: Five years historic (2013-17) and forecast (2017-21).
- Data: Market value in $ billions.
- Data Segmentations: Regional breakdowns, market share of competitors, key sub segments.
- China Railway Corporation
- Indian Railways
- Deutsche Bahn AG
- Union Pacific Railroad
- Russian Railways
- East Japan Railway Company
- Central Japan Railway Company
- Canadian National Railway
- CSX Transportation
- Norfolk Southern
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