Market Overview:
The global high-speed rail market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth can be attributed to the increasing demand for high-speed trains for short and long distance travel, and the growing investments in railway infrastructure by governments across the globe. Based on type, the global high-speed rail market is segmented into below 200 KM/H, 200~250 KM/H, 250~300 KM/H, and above 300 KM/H segments. The below 200 km/h segment is expected to account for a major share of the global high-speed rail market during the forecast period owing to its low installation and maintenance costs as compared to other types of high-speed trains. However, with technological advancements in this space coupled with government initiatives towards promoting sustainable transport modes such as railways over other forms of transportation such as roadways or airways are likely propel growth in higher speed train segments over the forecast period. Based on application, the global high-speed rail market is segmented into two categories: High Speed Trains (passenger coaches) and Intercity Trains (freight wagons). The passenger coaches category accounts for a majority share of revenue generated from sales of High Speed Rail systems globally; this can be attributed primarily due rising demand from commuters for faster means of travelling between cities within countries or regions.
Product Definition:
High Speed Rail is a passenger rail service that travels at speeds of 150 miles per hour or more. The importance of High Speed Rail is that it can provide a faster, more efficient way to travel between cities than driving or flying.
Below 200 KM/H:
Below 200 km/h, it's usage.
The below 200 km/h segment is expected to grow at a CAGR of XX% from 2015 to 2022. The growth can be attributed to the increase in demand for high-speed rail systems due to their capability of reducing travel time considerably.
200~250 KM/H:
200-250 km/h is the top end speed for high-speed rail. 200 or 250 km/h is the maximum sustainable operating speed of a train on standard gauge according to railway experts. It depends upon the weight of train and its load but generally it can go up to 300 km/h in ideal conditions with very less passenger discomfort.
200-250 Km/H is considered as fastest trains category in many countries like Japan, China, Taiwan, Germany.
Application Insights:
High-speed trains accounted for a revenue share of more than 80% in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing demand from countries, such as China, Japan and Germany. In addition, high-speed trains have greater passenger capacity which enables them to carry more passengers with less space between each passenger due to higher speed compared to conventional railways.
The intercity train application segment is expected register the fastest CAGR of XX% from 2018 to 2030 owing largely due by increased adoption in emerging economies such as India and Brazil on account of growing urbanization along with rising per capita income levels which has resulted in an increase in travel preferences among consumers towards rail based transportation systems over automobiles or other forms of transport such as airliners or buses during daytime trips within cities resulting into increased utilization for intercity train services at night time also known locally as overnight trips outside the city center).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market, registering a CAGR of XX% during the forecast period. The presence of emerging economies such as China and India has led to an increase in investments in this region for building high-speed rail networks. In addition, countries such as Japan have been developing their railway infrastructure with an aim to improve passenger services and reduce travel time between stations. This is likely to drive regional growth over the next eight years.
Europe was valued at USD X billion in 2017 owing to its well-established rail network across various countries including Germany, France, Italy and Spain among others which are amongst some of the most popular tourist destinations across Europe attracting billions of dollars worth tourism every year thereby driving demand for high speed trains within this region also known as Intercity Express Trains (ICEs).
Growth Factors:
- Increasing demand for high-speed rail travel owing to the rise in disposable income and globalization.
- Government initiatives for the development of high-speed rail networks across different countries.
- Technological advancements in railway infrastructure that are resulting in increased efficiency and reduced costs of operations.
- Growing awareness about the benefits of high-speed rail travel among passengers, which is resulting in an increase in demand for such services globally .
Scope Of The Report
Report Attributes
Report Details
Report Title
High Speed Rail Market Research Report
By Type
Below 200 KM/H, 200~250 KM/H, 250~300 KM/H, Above 300 KM/H
By Application
High-speed Trains, Intercity Trains
By Companies
Eurostar, Shinkansen, China Railway, Taiwan High Speed Rail Corporation, Renfe Operadora, Deutsche Bahn AG, Trenitalia, Korail
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global High Speed Rail Market Report Segments:
The global High Speed Rail market is segmented on the basis of:
Types
Below 200 KM/H, 200~250 KM/H, 250~300 KM/H, Above 300 KM/H
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
High-speed Trains, Intercity Trains
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eurostar
- Shinkansen
- China Railway
- Taiwan High Speed Rail Corporation
- Renfe Operadora
- Deutsche Bahn AG
- Trenitalia
- Korail
Highlights of The High Speed Rail Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 200 KM/H
- 200~250 KM/H
- 250~300 KM/H
- Above 300 KM/H
- By Application:
- High-speed Trains
- Intercity Trains
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Speed Rail Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High Speed Rail is a type of rail transport that travels at speeds over 200 mph. It is often considered to be the fastest form of rail travel available.
Some of the key players operating in the high speed rail market are Eurostar, Shinkansen, China Railway, Taiwan High Speed Rail Corporation, Renfe Operadora, Deutsche Bahn AG, Trenitalia, Korail.
The high speed rail market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Speed Rail Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Speed Rail Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Speed Rail Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Speed Rail Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Speed Rail Market Size & Forecast, 2018-2028
4.5.1 High Speed Rail Market Size and Y-o-Y Growth
4.5.2 High Speed Rail Market Absolute $ Opportunity
Chapter 5 Global High Speed Rail Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Speed Rail Market Size Forecast by Type
5.2.1 Below 200 KM/H
5.2.2 200~250 KM/H
5.2.3 250~300 KM/H
5.2.4 Above 300 KM/H
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Speed Rail Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Speed Rail Market Size Forecast by Applications
6.2.1 High-speed Trains
6.2.2 Intercity Trains
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Speed Rail Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Speed Rail Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Speed Rail Analysis and Forecast
9.1 Introduction
9.2 North America High Speed Rail Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Speed Rail Market Size Forecast by Type
9.6.1 Below 200 KM/H
9.6.2 200~250 KM/H
9.6.3 250~300 KM/H
9.6.4 Above 300 KM/H
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Speed Rail Market Size Forecast by Applications
9.10.1 High-speed Trains
9.10.2 Intercity Trains
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Speed Rail Analysis and Forecast
10.1 Introduction
10.2 Europe High Speed Rail Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Speed Rail Market Size Forecast by Type
10.6.1 Below 200 KM/H
10.6.2 200~250 KM/H
10.6.3 250~300 KM/H
10.6.4 Above 300 KM/H
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Speed Rail Market Size Forecast by Applications
10.10.1 High-speed Trains
10.10.2 Intercity Trains
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Speed Rail Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Speed Rail Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Speed Rail Market Size Forecast by Type
11.6.1 Below 200 KM/H
11.6.2 200~250 KM/H
11.6.3 250~300 KM/H
11.6.4 Above 300 KM/H
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Speed Rail Market Size Forecast by Applications
11.10.1 High-speed Trains
11.10.2 Intercity Trains
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Speed Rail Analysis and Forecast
12.1 Introduction
12.2 Latin America High Speed Rail Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Speed Rail Market Size Forecast by Type
12.6.1 Below 200 KM/H
12.6.2 200~250 KM/H
12.6.3 250~300 KM/H
12.6.4 Above 300 KM/H
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Speed Rail Market Size Forecast by Applications
12.10.1 High-speed Trains
12.10.2 Intercity Trains
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Speed Rail Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Speed Rail Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Speed Rail Market Size Forecast by Type
13.6.1 Below 200 KM/H
13.6.2 200~250 KM/H
13.6.3 250~300 KM/H
13.6.4 Above 300 KM/H
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Speed Rail Market Size Forecast by Applications
13.10.1 High-speed Trains
13.10.2 Intercity Trains
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Speed Rail Market: Competitive Dashboard
14.2 Global High Speed Rail Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eurostar
14.3.2 Shinkansen
14.3.3 China Railway
14.3.4 Taiwan High Speed Rail Corporation
14.3.5 Renfe Operadora
14.3.6 Deutsche Bahn AG
14.3.7 Trenitalia
14.3.8 Korail
