DUBLIN--(BUSINESS WIRE)--The "Bullet Train/High-Speed Rail Market by Speed in Km/H (200-299, 300-399, Above 400), Track Length, Technology, Application, Propulsion (Electric & Dual), Component, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The bullet train/high-speed rail market, in terms of volume, is projected to grow at a CAGR of 5.54% from 2018 to 2025. The market is estimated to be 3,626 units in 2018 and is projected to reach 5,287 by 2025.
The growth of this market is fueled by the rise in demand for mass rapid transit and approval of new HSR lines. However, high capital investment and operating costs of the high-speed rail network is inhibiting the growth of the bullet train/high-speed rail market.
Asia Pacific is expected to be the largest market for bullet train/high-speed rail. It is estimated to hold the largest market share, by volume, in 2018. This can be mainly attributed to the demand for high-speed trains for mass transit, thereby increasing the number of high-speed rail projects in the region. Chinese market in the region is estimated to dominate the bullet train/high-speed rail market due to its proposed projects to expand HSR lines and subsequently the fleet of a high-speed train.
The need for reducing carbon emissions results into the growing demand for energy-efficient transport for masses. Since electricity propels the bullet train/high-speed rails for operating at high-speed, it consumes considerably less energy as compared to alternate transporting modes. This factor is majorly responsible for the largest growth of electric propulsion for bullet trains/high-speed trains.
The report provides detailed profiles of the following companies:
- Bombardier (Canada)
- Alstom (France)
- Siemens (Germany)
- Hitachi (Japan)
- ABB (Switzerland)
- Talgo (Spain)
- CRRC (China)
- Toshiba (Japan)
- Kawasaki (Japan)
- CAF (Spain)
- Strukton (Netherlands)
- Mitsubishi (Japan)
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Technology Overview
7 Bullet Train/ High-Speed Rail Market, By Application
8 Bullet Train/High-Speed Rail Market, By Component
9 Bullet Train/High-Speed Rail Market, By Propulsion
10 Bullet Train/High-Speed Rail Market, By Speed
11 Bullet Train/High-Speed Rail Market, By Technology
12 Bullet Train/High-Speed Rail Market, By Track Length
13 Bullet Train/High-Speed Rail Market, By Region
14 Competitive Landscape
15 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/4s5r5x/bullet?w=4