Global Urban Rail Transit Market Growth 2023-2029
LPI (LP Information)' newest research report, the “Urban Rail Transit Industry Forecast” looks at past sales and reviews total world Urban Rail Transit sales in 2022, providing a comprehensive analysis by region and market sector of projected Urban Rail Transit sales for 2023 through 2029. With Urban Rail Transit sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Urban Rail Transit industry.
This Insight Report provides a comprehensive analysis of the global Urban Rail Transit landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Urban Rail Transit portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Urban Rail Transit market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Urban Rail Transit and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Urban Rail Transit.
The global Urban Rail Transit market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
China core urban rail transit manufacturers include Crrc Zhuzhou Locomotive, CRRC Nanjing Puzhen and Crrc Changchun Railway Vehicles etc. The top 3 companies hold a share about 80%.
In terms of product, subway is the largest segment with a share about 83%. And in terms of application, the largest application is new line with a share about 95%.
This report presents a comprehensive overview, market shares, and growth opportunities of Urban Rail Transit market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Subway
City Express Rail
Streetcar
Light Rail
Others
Segmentation by application
New Line
Extension Line
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Crrc Zhuzhou Locomotive
CRRC Nanjing Puzhen
Crrc Changchun Railway Vehicles
Crrc Qingdao Sifang
Crrc Dalian
Crrc Tangshan
Beijing Subway Rolling Stock Equipment
Key Questions Addressed in this Report
What is the 10-year outlook for the global Urban Rail Transit market?
What factors are driving Urban Rail Transit market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Urban Rail Transit market opportunities vary by end market size?
How does Urban Rail Transit break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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