High-Speed Rail Market Size, Share, Analysis Report

Global High-Speed Rail Market Outlook Analysis by Speed, Track Length, Technology, Application, Propulsion, and Component – Research and Markets.com By Region, Market Analysis Report, Forecast

The High-Speed Rail Market is expected to be around 6272 Units by 2027 at a CAGR of 5.81%.

Purchase User License

MARKET SNAPSHOT

Major Players

  • Bombardier
  • ABB
  • Alstom
  • Siemens
  • Hitachi
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    5

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The High-Speed Rail Market is expected to be around 6272 Units by 2027 at a CAGR of 5.81%.

     The electric propulsion segment is estimated to be the largest as well as the fastest growing market segment in 2018. The segment is anticipated to grow at a rapid pace due to its energy-efficient operation with high operating speed for high-speed trains. Also, the government authorities of various countries are encouraging energy-efficient transporting modes which in turn boosting the growth of the electric propulsion segment of the High-speed rail market. The segment, by speed, in the range of 300-399 km/h for bullet train/high-speed rail is estimated to be the largest as well as the fastest growing market, by volume, during the forecast period. This growth is attributed to the inclination of railway authorities of numerous countries to enhance the speed of high-speed train fleet to improve rail transit modes. Also, expansion of HSR lines is fueling the demand for enhancing the speed of bullet trains by passengers to reduce the journey time.

    Increasing number of high-speed rail projects to drive the High-speed rail market in Asia Pacific. Asia Pacific is expected to be the largest market for bullet train/high-speed rail. It is estimated to hold the largest market share, by volume, in 2018. This can be mainly attributed to the demand for high-speed trains for mass transit, thereby increasing the number of high-speed rail projects in the region. Chinese market in the region is estimated to dominate the High-speed rail market due to its proposed projects to expand HSR lines and subsequently the fleet of a high-speed train.

    Global High-Speed Rail Market is segmented based on the Speed as 200–299 km/h, 300–399 km/h ,400–499 km/h, above 500 km/h. Based on Propulsion it covers Diesel, Electric, Dual. The report segments global High-Speed Rail Market based on Component as Axle, Wheel Set, Transformer, Converter, Traction Motor, Traction System, Pantograph. Based on application it covers Passenger, Freight. Based on technology it covers Maglev. Based on track length it covers China, Japan, South Korea, Turkey, France, Germany, Italy, Spain, UK, US. Global High-Speed Rail Market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional High-Speed Rail Markets further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

    Competitive Rivalry

    Global High-Speed Rail Market share consists of several players including Bombardier, Alstom, Siemens, Hitachi, ABB, CRRC, Talgo, Kawasaki, Toshiba, Mitsubishi, CAF, Strukton.

    The High-Speed Rail Market has been segmented as below:

    High-Speed Rail Market, By Application

    • Introduction
    • Passenger
    • Freight

    High-Speed Rail Market, By Component

    • Introduction
    • Axle
    • Wheel Set
    • Transformer
    • Converter
    • Traction Motor
    • Traction System
    • Pantograph

    High-Speed Rail Market, By Propulsion

    • Introduction
    • Diesel
    • Electric
    • Dual

    High-Speed Rail Market, By Speed

    • Introduction
    • 200–299 km/h
    • 300–399 km/h
    • 400–499 km/h
    • Above 500 km/h

    High-Speed Rail Market, By Technology

    • Introduction
    • Maglev

    High-Speed Rail Market, By Track Length

    • Introduction
    • China
    • Japan
    • South Korea
    • Turkey
    • France
    • Germany
    • Italy
    • Spain
    • UK
    • US

    High-Speed Rail Market, By Region

    • North America
    • Europe
    • Asia Pacific
    • Rest of World

    The report covers:

    • Global High-Speed Rail Market estimates & forecast from 2018 to 2027, along with CAGR for 2022-2027.
    • Comparative market size analysis for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
    • Global High-Speed Rail Marketplace trends, with detailed analysis on consumer trends & manufacturer trends
    • Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors
    • Key areas of investments identifying market opportunities and challenges in forecast timeframe
    • Competitive analysis of the industry players along with the overview on strategic management
    • Comprehensive company profiles of the major industry players

    Report scope:

    The global High-Speed Rail Market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends.

    The report scope includes market analysis on regional as well as country level. The report also provides competitive landscape covering company market shares with detailed profiling for major revenue contributing companies. 

    The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Bombardier, Alstom, Siemens, Hitachi, ABB, CRRC, Talgo, Kawasaki, Toshiba, Mitsubishi, CAF, Strukton.

    Reasons to Buy this Report:

    • Gain comprehensive insights on the industry trends
    • Identify industry opportunities and key growth segments
    • Obtain complete market study on the High-Speed Rail Market
    • Facilitate strategy planning for your company based on the industry dynamics
    • Evaluate your competitor’s business segments and portfolios

    Customization:

    Customized report as per the requirement can be offered with appropriate recommendations

    Below are our new reports

    Smart Parking Market 

    Flexible Green Packaging Market

    Global Industrial Furnaces Market

    Mining Automation Market

    Industrial Metals, Precious Metals and Alloys Market

    1.    Introduction
        1.1.    Key Points
        1.2.        Report Description
        1.3.    Markets Covered
        1.4.    Stakeholders

    2.    Research Methodology
        2.1.    Research Scope
        2.2.    Research Methodology
        2.3.    Market Research Process
        2.4.    Research Methodology
        2.5.    Secondary Research
        2.6.    Primary Research
        2.7.    Models for Estimation
        2.8.    Market Size Estimation
        2.9.    Bottom-Up Approach
        2.10.    Top-Down Approach

    3.    Executive Summary

    4.    Market Overview
        4.1.    Introduction
        4.2.    Drivers
            4.2.1.    Need to reduce traffic congestion and journey time
            4.2.2.    Rise in demand for energy efficient transport
        4.3.    Restraints
            4.3.1.     High capital investment and operating costs of high-speed rail network
        4.4.    Opportunities
            4.4.1.    Inclination of emerging countries towards high-speed train for rapid transit
            4.4.2.    Increasing demand for comfort in transportation
        4.5.    Challenges
            4.5.1.    Difficulties in acquiring land for high-speed train infrastructure

    5.    High-Speed Rail Market, By Speed
        5.1.    Key Points
        5.2.    200–299 km/h
        5.3.    300–399 km/h
        5.4.    400–499 km/h
        5.5.    Above 500 km/h

    6.    High-Speed Rail Market, By Propulsion
        6.1.    Key Points
        6.2.    Solvent-based
        6.3.    Water-based
        6.4.    Hot-Melt

    7.    High-Speed Rail Market, By Component
        7.1.    Key Points
        7.2.    Introduction
        7.3.    Axle
        7.4.    Wheel Set
        7.5.    Transformer
        7.6.    Converter
        7.7.    Traction Motor
        7.8.    Traction System

    8.    High-Speed Rail Market, By Application
        8.1.    Introduction
        8.2.    Passenger
        8.3.    Freight

    9.    High-Speed Rail Market, By Technology
        9.1.    Introduction
        9.2.    Maglev

    10.    High-Speed Rail Market, By Track Length
        10.1.    Introduction
        10.2.    China
        10.3.    Japan
        10.4.    South Korea
        10.5.    Turkey
        10.6.    France
        10.7.    Germany
        10.8.    Italy
        10.9.    Spain
        10.10.    UK
        10.11.    US

    11.    Competitive Landscape
        11.1.    Introduction
        11.2.    Recent Developments
        11.3.    Mergers & Acquisitions
        11.4.    New Product Developments
        11.5.    Portfolio/Production Capacity Expansions
        11.6.    Joint Ventures, Collaborations, Partnerships & Agreements
        11.7.    Others

    12.    Company Profile
        12.1    Bombardier
            12.1.1.    Company Overview
            12.1.2.    Product/Service Landscape
            12.1.3.    Financial Overview
            12.1.4.    Recent Developments
        12.2.    Alstom
            12.2.1.    Company Overview
            12.2.2.    Product/Service Landscape
            12.2.3.    Financial Overview
            12.2.4.    Recent Developments
        12.3.    Siemens
            12.3.1.    Company Overview
            12.3.2.    Product/Service Landscape
            12.3.3.    Financial Overview
            12.3.4.    Recent Developments
        12.4.     Hitachi
            12.4.1.    Company Overview
            12.4.2.    Product/Service Landscape
            12.4.3.    Financial Overview
            12.4.4.    Recent Developments
        12.5.     Toshiba
            12.5.1.    Company Overview
            12.5.2.    Product/Service Landscape
            12.5.3.    Financial Overview
            12.5.4.    Recent Developments
        12.6.     Kawasaki
            12.6.1.    Company Overview
            12.6.2.    Product/Service Landscape
            12.6.3.    Financial Overview
            12.6.4.    Recent Developments
        12.7.    Strukton
            12.7.1.    Company Overview
            12.7.2.    Product/Service Landscape
            12.7.3.    Financial Overview
            12.7.4.    Recent Developments
        12.8.    Mitsubishi
            12.8.1.    Company Overview
            12.8.2.    Product/Service Landscape
            12.8.3.    Financial Overview
            12.8.4.    Recent Developments
        12.9.    Mitsubishi
            12.9.1.    Company Overview
            12.9.2.    Product/Service Landscape
            12.9.3.    Financial Overview
            12.9.4.    Recent Developments
        12.10.      ABB
            12.10.1.    Company Overview
            12.10.2.    Product/Service Landscape
            12.10.3.    Financial Overview
            12.10.4.    Recent Developments
        12.11.    CRRC
            12.11.1.    Company Overview
            12.11.2.    Product/Service Landscape
            12.11.3.    Financial Overview
            12.11.4.    Recent Developments
        12.12.    Talgo
            12.12.1.    Company Overview
            12.12.2.    Product/Service Landscape
            12.12.3.    Financial Overview
            12.12.4.    Recent Developments
        12.13.    CAF
            12.13.1.    Company Overview
            12.13.2.    Product/Service Landscape
            12.13.3.    Financial Overview
            12.13.4.    Recent Developments

    The High-Speed Rail Market has been segmented as below:

    High-Speed Rail Market, By Application

    • Introduction
    • Passenger
    • Freight

    High-Speed Rail Market, By Component

    • Introduction
    • Axle
    • Wheel Set
    • Transformer
    • Converter
    • Traction Motor
    • Traction System
    • Pantograph

    High-Speed Rail Market, By Propulsion

    • Introduction
    • Diesel
    • Electric
    • Dual

    High-Speed Rail Market, By Speed

    • Introduction
    • 200–299 km/h
    • 300–399 km/h
    • 400–499 km/h
    • Above 500 km/h

    High-Speed Rail Market, By Technology

    • Introduction
    • Maglev

    High-Speed Rail Market, By Track Length

    • Introduction
    • China
    • Japan
    • South Korea
    • Turkey
    • France
    • Germany
    • Italy
    • Spain
    • UK
    • US

    High-Speed Rail Market, By Region

    • North America
    • Europe
    • Asia Pacific
    • Rest of World

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 5.81% during the study period (2022-2027)
    The High-Speed Rail Market is expected to be around 6272 Units by 2027
    The segment included in High-Speed Rail Market is Application, Component, Propulsion, Speed, Technology, Track Length, Company and region.
    Some key players operating in the High-Speed Rail Market include Bombardier, Alstom, Siemens, Hitachi, ABB, CRRC, Talgo, Kawasaki, Toshiba, Mitsubishi, CAF, Strukton
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

    Related Reports