Passenger Rail Transport Market Key Drivers And Estimated Growth 2023-2032


Posted October 17, 2023 by jagadeeshwaritbrc

Global passenger rail transport market size is expected at 345.12 Bn by 2027 at a growth rate of 6.8% and growth report by The Business Research Company.
 
The Business Research Company’s Passenger Rail Transport Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Passenger Rail Transport Global Market Report 2023 evaluates passenger rail transport market size, growth rate, drivers, trends, and major companies.



The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.



Request A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample_request?id=2942&type=smp

The global passenger rail transport market size grew from $246.64 billion in 2022 to $265.31 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The passenger rail transport market is expected to grow to $345.12 billion in 2027 at a CAGR of 6.8%



The passenger rail transport market segments in the report are:

1) By Type: Medium-Distance Passenger Transport, Long-Distance Passenger Transport, Short-Distance Passenger Transport

2) By Service Type: Transportation, Services Allied to Transportation (Maintenance of Railcars and Rail Tracks, Switching of Cargo, and Storage)

3) By Application: City, Rural



Get More Information On The Passenger Rail Transport Market Report:

https://www.thebusinessresearchcompany.com/report/passenger-rail-transport-global-market-report



The table of contents in TBRC’s passenger rail transport market report includes:

Executive Summary
Report Structure
Passenger Rail Transport Market Characteristics
Passenger Rail Transport Market Product Analysis
Passenger Rail Transport Market Supply Chain
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Key Merges And Acquisitions In The Passenger Rail Transport Market
Market Background: Rail Transport Market
Recommendations
Appendix
25.CopyRight And Disclaimer

TOP MAJOR PLAYERS:

China Railway Corporation
Central Japan Railway Co
Duetsche Bahn AG
East Japan Railway Co
FerroviedellostatoltalianeSpA


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Last Updated October 17, 2023