Le Lézard
Classified in: Transportation, Covid-19 virus
Subject: MRR

USD 336.90 bn Growth in Railroad Market Size | Increasing Investments in Railroad Transportation to Drive Growth | Technavio


NEW YORK, Nov. 26, 2021 /PRNewswire/ -- The railroad market is expected to witness the emergence of BNSF Railway Co. and Canadian National Railway Co. as some of the key vendors. The market size is expected to increase by USD 336.90 bn from 2020 to 2025, registering a CAGR of 10.14%, according to the latest research report from Technavio. The report offers an in-depth analysis as well as exact growth variance and the Y-O-Y growth rate. 

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The report on the railroad market provides a detailed update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The increasing investments in railroad transportation is expected to be one of the major factors driving the growth of the market.

The railroad market covers the following areas:

Railroad Market Sizing
Railroad Market Forecast
Railroad Market Analysis

Market Landscape

Technavio categorizes the global railroad market within the global transportation market. Railroads service includes companies primarily providing goods and passenger rail transportation. Technavio calculates the size of the global transportation market based on the combined revenue generated by air freight and logistics, airlines, marine, road and rail, and transportation infrastructure vendors. The global railroads market size is further calculated based on revenue generated by railroad service providers.

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Related Reports:

Railroad Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 10.14%

Market growth 2021-2025

USD 336.90 billion

Market structure

Fragmented

YoY growth (%)

9.80

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

North America at 36%

Key consumer countries

China, US, Japan, Germany, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

BNSF Railway Co., Canadian National Railway Co., Canadian Pacific Railway Ltd., CSX Corp., Japan Freight Railway Co., National Railroad Passenger Co., Norfolk Southern Corp., Russian Railways, SNCF Group, and Union Pacific Railroad Co.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

 

SOURCE Technavio


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