[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Railroad Market Report by Type (Rail Freight, Passenger Rail), Distance (Long Distance, Short Distance), End Use (Mining, Construction, Agriculture, and Others), and Region 2024-2032

April 2024 | 137 pages | ID: RB575F5A60DEEN
IMARC Group

US$ 3,899.00

E-mail Delivery (PDF), Hard Copy Mail Delivery, CD-ROM Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The global railroad market size reached US$ 320.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 447.3 Billion by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032.

Railroad refers to a set of tracks made of steel that are laid on a roadbed. It is a medium of land-based mass transportation catering to the movement of passengers and commodities over short and long-distance routes. It comprises vehicles with flange wheels guided by parallel tracks that restrict movement and eliminate the need for steering. These vehicles are either self-propelled or use a locomotive for propulsion. The railroad is widely used for traveling and transporting bulk commodities, including coal, petroleum, chemicals, construction materials, agricultural produce, consumer goods, and automobiles. As compared to road transportation, the railroad is faster, safer, and more cost-effective, comfortable, and energy efficient due to the lower frictional resistance offered by tracks.

Railroad Market Trends:
The global railroad market is primarily driven by rapid industrialization, coupled with significant growth in the tourism industry. Due to the globalization-induced industrial revolution, the rising number of local and cross-border movements of travelers and commodities is facilitating the market growth. Additionally, the introduction of advanced driver assistance systems (ADAS) in railroads that provide automatic warning, supervision, and control arrangements to enhance operational management and optimize energy usage is providing an impetus to the market growth. Apart from this, the increasing adoption of railroads for transporting bulk commodities to remote areas, owing to their robust connectivity, is acting as another growth-inducing factor. Furthermore, extensive research and development (R&D) activities toward building new high-speed rails, such as maglev trains and metros, are creating a positive outlook for the market. Moreover, the increasing inclination towards public transport systems to minimize pollution, carbon footprint, and traffic congestion is favoring the market growth. Other factors, including increasing investments by several governments for the expansion of the railroad network, exponential population growth, emerging trends of railcar leasing, and advancements in storage facilities for perishable goods, are anticipated to drive the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global railroad market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on type, distance and end use.

Breakup by Type:

Rail Freight
Passenger Rail

Breakup by Distance:

Long Distance
Short Distance

Breakup by End Use:

Mining
Construction
Agriculture
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Bnsf Railway Company (Berkshire Hathaway Inc.), Canadian National Railway Co., Canadian Pacific Railway Limited, CSX Corporation, CTL Logistics Sp. z o.o, DB Cargo Aktiengesellschaft (Deutsche Bahn AG), Japan Freight Railway Company, Norfolk Southern Corporation, PKP Cargo International (PKP Cargo), SBB Cargo (Swiss Federal Railways), SNCF Group and Union Pacific Corporation.

Key Questions Answered in This Report

1. What was the size of the global railroad market in 2023?
2. What is the expected growth rate of the global railroad market during 2024-2032?
3. What are the key factors driving the global railroad market?
4. What has been the impact of COVID-19 on the global railroad market?
5. What is the breakup of the global railroad market based on the type?
6. What are the key regions in the global railroad market?
7. Who are the key players/companies in the global railroad market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL RAILROAD MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY TYPE

6.1 Rail Freight
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Passenger Rail
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY DISTANCE

7.1 Long Distance
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Short Distance
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY END USE

8.1 Mining
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Construction
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Agriculture
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Others
  8.4.1 Market Trends
  8.4.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Bnsf Railway Company (Berkshire Hathaway Inc.)
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
  14.3.2 Canadian National Railway Co.
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
    14.3.2.3 Financials
    14.3.2.4 SWOT Analysis
  14.3.3 Canadian Pacific Railway Limited
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 Financials
    14.3.3.4 SWOT Analysis
  14.3.4 CSX Corporation
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 Financials
    14.3.4.4 SWOT Analysis
  14.3.5 CTL Logistics Sp. z o.o
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
  14.3.6 DB Cargo Aktiengesellschaft (Deutsche Bahn AG)
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
  14.3.7 Japan Freight Railway Company
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
  14.3.8 Norfolk Southern Corporation
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
    14.3.8.3 Financials
    14.3.8.4 SWOT Analysis
  14.3.9 PKP Cargo International (PKP Cargo)
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
  14.3.10 SBB Cargo (Swiss Federal Railways)
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
  14.3.11 SNCF Group
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
  14.3.12 Union Pacific Corporation
    14.3.12.1 Company Overview
    14.3.12.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Railroad Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Railroad Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Railroad Market Forecast: Breakup by Distance (in Million US$), 2024-2032
Table 4: Global: Railroad Market Forecast: Breakup by End Use (in Million US$), 2024-2032
Table 5: Global: Railroad Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Railroad Market: Competitive Structure
Table 7: Global: Railroad Market: Key Players

LIST OF FIGURES

Figure 1: Global: Railroad Market: Major Drivers and Challenges
Figure 2: Global: Railroad Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Railroad Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Railroad Market: Breakup by Type (in %), 2023
Figure 5: Global: Railroad Market: Breakup by Distance (in %), 2023
Figure 6: Global: Railroad Market: Breakup by End Use (in %), 2023
Figure 7: Global: Railroad Market: Breakup by Region (in %), 2023
Figure 8: Global: Railroad (Rail Freight) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Railroad (Rail Freight) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Railroad (Passenger Rail) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Railroad (Passenger Rail) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Railroad (Long Distance) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Railroad (Long Distance) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Railroad (Short Distance) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Railroad (Short Distance) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Railroad (Mining) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Railroad (Mining) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Railroad (Construction) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Railroad (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Railroad (Agriculture) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Railroad (Agriculture) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Railroad (Other End Uses) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Railroad (Other End Uses) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: North America: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: North America: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: United States: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: United States: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Canada: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Canada: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Asia-Pacific: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Asia-Pacific: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: China: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: China: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Japan: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Japan: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: India: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: India: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: South Korea: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: South Korea: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Australia: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Australia: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Indonesia: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Indonesia: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Others: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Others: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Europe: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Europe: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Germany: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Germany: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: France: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: France: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: United Kingdom: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: United Kingdom: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Italy: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Italy: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Spain: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Spain: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Russia: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Russia: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Others: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Others: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Latin America: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Latin America: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Brazil: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Brazil: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Mexico: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Mexico: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Others: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Others: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Middle East and Africa: Railroad Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Middle East and Africa: Railroad Market: Breakup by Country (in %), 2023
Figure 72: Middle East and Africa: Railroad Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Global: Railroad Industry: SWOT Analysis
Figure 74: Global: Railroad Industry: Value Chain Analysis
Figure 75: Global: Railroad Industry: Porter's Five Forces Analysis


More Publications