The railway industry is composed of railway companies, regulatory agencies, transit authorities, railway associations, businesses manufacturing and supplying special maintenance work equipment, locomotives, railcars and track materials and also educational institutes. The main customer services provided by the railway industry are passengers and freight transportation.
In 2007, the worldwide demand for railway infrastructure, equipment and related services was evaluated at nearly USD 170 billion. By 2016, the figure is predicted to climb to almost USD 215 billion. The market growth is spurred by the rising discontent on traffic congestion, enhancing environmental concerns as well as rapid urbanization and growing population. Western Europe, the Asia Pacific and North America rank as top three regional railway markets. Subways and high-speed rail lines form the most promising market segments.
This MarketPublishers’ catalogue contains a raft of research reports delving into the railway market at various geographical levels. The research studies present information on the market dynamics; reveal the key factors restraining and driving the market as well as point out major market trends. The reports examine competitive strength of leading companies. The researches not only characterize the current market situation, but also forecast future development trends of the railway market.