Railroads Market Size, Share, Trends Analysis Report By Type (Passenger Rail, Rail Freight), Competitive Landscape, And Segment Forecasts, 2018 - 2025

The global Railroads market is valued at xx million in 2017 and is expected to reach xx million by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.

Governments of various countries across the globe are investing for expansion of their railroads in recent years owing to rising demand for rail freight. For instance, in September 2017, the Israel Ministry of Economy approved the purchase of 60 four-car and six-car EMUs worth USD 910 million from Siemens. In addition, in the same month, the Indian Railway minister has directed to fast track the freight corridor projects between Delhi-Mumbai and Delhi-Howrah. Such initiatives and investments are expected to bolster the market growth during the forecast period.

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Many travelers coming from other countries depend on railways to travel the local destinations in Asia Pacific and European countries owing to their cheap fares. In recent years, the tourism industry is flourishing owing to increasing disposable income and improving economic conditions in the emerging nations. Tourism also has become a key contributor for GDP in some countries like Myanmar. This increasing tourism is expected to boost the demand for passenger rails segment during the forecast period.

The passenger rail segment held the largest share in the market in 2016 and is anticipated to witness the fastest growth rate during the forecast period. The growing tourism industry and low fares of passenger trains are expected to be the key factors for the growth of the passenger rail segment in the coming years. In addition, increasing investments for expanding the passenger rail network is expected to boost market growth in the coming years.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Railroads.

Europe also play important roles in global market, with market size of xx million in 2017 and will be xx million in 2023, with a CAGR of xx%.

This report studies the Railroads market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Railroads market by product type and applications/end industries.

Market Segment by Companies, this report covers

Central Japan Railway Company

OAO RZD Russian Railways

Union Pacific Corporation

Burlington Northern Santa Fe BNSF

Canadian National U.S.

Norfolk Southern

CSX Transportation

Canadian Pacific U.S.

SNCF Group

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Market Segment by Regions, regional analysis covers

North America United States, Canada and Mexico

Europe Germany, France, UK, Russia and Italy

Asia-Pacific China, Japan, Korea, India and Southeast Asia

South America Brazil, Argentina, Colombia

Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa

Market Segment by Type, covers

Type I

Type II

Market Segment by Applications, can be divided into

Passenger Rail

Rail Freight

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