Market Overview:
The global metro subway market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for public transportation, especially in the developing countries. In terms of type, the A type segment is expected to hold the largest share of the global metro subway market during the forecast period. This can be attributed to factors such as rising population and growing urbanization in developing countries, which has led to an increase in demand for public transportation. In terms of application, large cities are expected to account for a majority share of the global metro subway market during the forecast period.
Product Definition:
A metro subway is a railway system for urban areas, typically with heavy traffic. The importance of a metro subway is that it can carry large numbers of passengers quickly and efficiently.
A Type:
Subway is a type of public transportation that consists of a rapid transit system and local trains that connect various cities, towns, and suburbs together. Subway systems are found in several major cities around the world including New York, Chicago, Paris, Tokyo and others. The primary purpose of having a subways is to get faster traveling between two points (source-destination) with fewer changes.
B Type:
B type is a new term in the metro subway market and it means Business Type. It includes all the facilities which are required for business purposes such as offices, hotels, hospitals, schools and colleges etc. The main purpose of building B type facility is to provide easy access to customers from various locations. In metro cities there is a huge population density which can be crossed by foot only if some kind of transport facility is available at low cost or free for going to different areas in city.
Application Insights:
The large city application segment accounted for the largest share of over 60% in 2017. The growth is attributed to the presence of a strong network in large cities such as New York City, Chicago, Paris and London. Furthermore, increasing government funding for infrastructure development and public-private partnerships are expected to drive investments from both private players as well as governments in metro subway projects.
Medium-sized cities are anticipated to witness significant growth over the forecast period owing to increasing urbanization due to migration and rapid industrialization. Rapidly growing population coupled with limited space has resulted in an increased demand for efficient transportation systems that can cater the needs of commuters within a reasonable travel time at an affordable cost without compromising on passenger safety or comfort.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing per capita income, population and urbanization in emerging economies such as China and India. Furthermore, rising disposable income will drive the demand for consumer goods, which in turn will fuel construction of new commercial buildings and shopping malls thereby driving the need for metro rail systems across these countries.
The Middle East & Africa is anticipated to be one of the key markets over the forecast period owing to rapid urbanization along with growing population in major economies including Saudi Arabia and United Arab Emirates (UAE). In addition, government initiatives encouraging private investment through Public-Private Partnership (PPP) are likely to contribute towards growth over next eight years.
Growth Factors:
- Increasing population density in urban areas will lead to increased demand for public transportation, including metro subways.
- Rising incomes will lead to increased spending on transportation, including metro subways.
- Improvements in infrastructure and technology will make metro subways more efficient and attractive to riders.
- Growing environmental awareness will lead to increased investment in public transportation, including metro subways.
- The increasing popularity of city living will spur demand for new and improved metrosubway systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Metro Subway Market Research Report
By Type
A Type, B Type, C Type, L Type
By Application
Large City, Medium-sized City, Small City
By Companies
CRRC Corporation Limited, Knorr-Bremse, Bombardier, Alstom, Siemens, Mitsubishi, PKC Group, Progress Rail Services, Promtractor-Vagon CJSC, SCG Solutions, Sinara Transport Machines, Skoda Transportation, Hyundai Rotem, Inekon Trams, US Railcar
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
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Metro Subway Market Report Segments:
The global Metro Subway market is segmented on the basis of:
Types
A Type, B Type, C Type, L Type
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
Large City, Medium-sized City, Small City
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:
- CRRC Corporation Limited
- Knorr-Bremse
- Bombardier
- Alstom
- Siemens
- Mitsubishi
- PKC Group
- Progress Rail Services
- Promtractor-Vagon CJSC
- SCG Solutions
- Sinara Transport Machines
- Skoda Transportation
- Hyundai Rotem
- Inekon Trams
- US Railcar
Highlights of The Metro Subway 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:
- A Type
- B Type
- C Type
- L Type
- By Application:
- Large City
- Medium-sized City
- Small City
- 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 Metro Subway 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?
Metro Subway is a subway system in the Washington D.C. metropolitan area operated by the Washington Metropolitan Area Transit Authority (WMATA). The system has 11 lines, with a total of 69 stations.
Some of the key players operating in the metro subway market are CRRC Corporation Limited, Knorr-Bremse, Bombardier, Alstom, Siemens, Mitsubishi, PKC Group, Progress Rail Services, Promtractor-Vagon CJSC, SCG Solutions, Sinara Transport Machines, Skoda Transportation, Hyundai Rotem, Inekon Trams, US Railcar.
The metro subway market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Metro Subway 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 Metro Subway Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metro Subway 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 Metro Subway 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 Metro Subway Market Size & Forecast, 2018-2028
4.5.1 Metro Subway Market Size and Y-o-Y Growth
4.5.2 Metro Subway Market Absolute $ Opportunity
Chapter 5 Global Metro Subway 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 Metro Subway Market Size Forecast by Type
5.2.1 A Type
5.2.2 B Type
5.2.3 C Type
5.2.4 L Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Metro Subway 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 Metro Subway Market Size Forecast by Applications
6.2.1 Large City
6.2.2 Medium-sized City
6.2.3 Small City
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metro Subway 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 Metro Subway 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 Metro Subway Analysis and Forecast
9.1 Introduction
9.2 North America Metro Subway 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 Metro Subway Market Size Forecast by Type
9.6.1 A Type
9.6.2 B Type
9.6.3 C Type
9.6.4 L Type
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 Metro Subway Market Size Forecast by Applications
9.10.1 Large City
9.10.2 Medium-sized City
9.10.3 Small City
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 Metro Subway Analysis and Forecast
10.1 Introduction
10.2 Europe Metro Subway 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 Metro Subway Market Size Forecast by Type
10.6.1 A Type
10.6.2 B Type
10.6.3 C Type
10.6.4 L Type
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 Metro Subway Market Size Forecast by Applications
10.10.1 Large City
10.10.2 Medium-sized City
10.10.3 Small City
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 Metro Subway Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Metro Subway 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 Metro Subway Market Size Forecast by Type
11.6.1 A Type
11.6.2 B Type
11.6.3 C Type
11.6.4 L Type
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 Metro Subway Market Size Forecast by Applications
11.10.1 Large City
11.10.2 Medium-sized City
11.10.3 Small City
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 Metro Subway Analysis and Forecast
12.1 Introduction
12.2 Latin America Metro Subway 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 Metro Subway Market Size Forecast by Type
12.6.1 A Type
12.6.2 B Type
12.6.3 C Type
12.6.4 L Type
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 Metro Subway Market Size Forecast by Applications
12.10.1 Large City
12.10.2 Medium-sized City
12.10.3 Small City
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) Metro Subway Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Metro Subway 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) Metro Subway Market Size Forecast by Type
13.6.1 A Type
13.6.2 B Type
13.6.3 C Type
13.6.4 L Type
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) Metro Subway Market Size Forecast by Applications
13.10.1 Large City
13.10.2 Medium-sized City
13.10.3 Small City
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 Metro Subway Market: Competitive Dashboard
14.2 Global Metro Subway Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CRRC Corporation Limited
14.3.2 Knorr-Bremse
14.3.3 Bombardier
14.3.4 Alstom
14.3.5 Siemens
14.3.6 Mitsubishi
14.3.7 PKC Group
14.3.8 Progress Rail Services
14.3.9 Promtractor-Vagon CJSC
14.3.10 SCG Solutions
14.3.11 Sinara Transport Machines
14.3.12 Skoda Transportation
14.3.13 Hyundai Rotem
14.3.14 Inekon Trams
14.3.15 US Railcar
