Passenger Rail in the United States

Passenger Rail in the United States
Summary

Passenger Rail in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The passenger rail sector consists of all passenger transport by 'heavy rail' services, including international, inter-city, regional, and suburban trains (Commuter trains in US terminology are included). However, light rail, tram/streetcar, metro/subway, and similar trains are not included.
  • The US passenger rail sector had total revenues of $17,813.5 million in 2023, representing a negative compound annual growth rate (CAGR) of 12.2% between 2018 and 2023.
  • Sector consumption volumes declined with a negative CAGR of 14.1% between 2018 and 2023, to reach a total of 14,969.3 thousand Passenger kilometers (PKM) in 2023.
  • The US had 6.6% of the market share in the world in 2023.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the passenger rail market in the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the passenger rail market in the United States
  • Leading company profiles reveal details of key passenger rail market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United States passenger rail market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the United States passenger rail market by value in 2023?
  • What will be the size of the United States passenger rail market in 2028?
  • What factors are affecting the strength of competition in the United States passenger rail market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the United States's passenger rail market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What strategies do the leading players follow?
7.4. What are the recent developments in the sector?
8 Company Profiles
8.1. National Railroad Passenger Corp
8.2. Metropolitan Transportation Authority
8.3. Southeastern Pennsylvania Transportation Authority
8.4. Alaska Railroad Corporation
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United States passenger rail sector value: $ million, 2018-23
Table 2: United States passenger rail sector volume: passenger kilometer (PKM), 2018-23
Table 3: United States passenger rail sector geography segmentation: $ million, 2023
Table 4: United States passenger rail sector value forecast: $ million, 2023-28
Table 5: United States passenger rail sector volume forecast: passenger kilometer (PKM), 2023-28
Table 6: National Railroad Passenger Corp: key facts
Table 7: National Railroad Passenger Corp: Key Employees
Table 8: Metropolitan Transportation Authority: key facts
Table 9: Metropolitan Transportation Authority: Key Employees
Table 10: Metropolitan Transportation Authority: Key Employees Continued
Table 11: Southeastern Pennsylvania Transportation Authority: key facts
Table 12: Southeastern Pennsylvania Transportation Authority: Key Employees
Table 13: Alaska Railroad Corporation: key facts
Table 14: Alaska Railroad Corporation: Key Employees
Table 15: United States size of population (million), 2019-23
Table 16: United States gdp (constant 2005 prices, $ billion), 2019-23
Table 17: United States gdp (current prices, $ billion), 2019-23
Table 18: United States inflation, 2019-23
Table 19: United States consumer price index (absolute), 2019-23
Table 20: United States exchange rate, 2019-23
List of Figures
Figure 1: United States passenger rail sector value: $ million, 2018-23
Figure 2: United States passenger rail sector volume: passenger kilometer (PKM), 2018-23
Figure 3: United States passenger rail sector geography segmentation: % share, by value, 2023
Figure 4: United States passenger rail sector value forecast: $ million, 2023-28
Figure 5: United States passenger rail sector volume forecast: passenger kilometer (PKM), 2023-28
Figure 6: Forces driving competition in the passenger rail sector in the United States, 2023
Figure 7: Drivers of buyer power in the passenger rail sector in the United States, 2023
Figure 8: Drivers of supplier power in the passenger rail sector in the United States, 2023
Figure 9: Factors influencing the likelihood of new entrants in the passenger rail sector in the United States, 2023
Figure 10: Factors influencing the threat of substitutes in the passenger rail sector in the United States, 2023
Figure 11: Drivers of degree of rivalry in the passenger rail sector in the United States, 2023

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