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Railroad Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global railroad market size reached US$ 291.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 378.87 Billion by 2027, exhibiting a growth rate (CAGR) of 4.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Railroad refers to a set of tracks made of steel that are laid on a roadbed. It is a medium of land-based mass transportation catering to the movement of passengers and commodities over short and long-distance routes. It comprises vehicles with flange wheels guided by parallel tracks that restrict movement and eliminate the need for steering. These vehicles are either self-propelled or use a locomotive for propulsion. The railroad is widely used for traveling and transporting bulk commodities, including coal, petroleum, chemicals, construction materials, agricultural produce, consumer goods, and automobiles. As compared to road transportation, the railroad is faster, safer, and more cost-effective, comfortable, and energy efficient due to the lower frictional resistance offered by tracks.

Railroad Market Trends:

The global railroad market is primarily driven by rapid industrialization, coupled with significant growth in the tourism industry. Due to the globalization-induced industrial revolution, the rising number of local and cross-border movements of travelers and commodities is facilitating the market growth. Additionally, the introduction of advanced driver assistance systems (ADAS) in railroads that provide automatic warning, supervision, and control arrangements to enhance operational management and optimize energy usage is providing an impetus to the market growth. Apart from this, the increasing adoption of railroads for transporting bulk commodities to remote areas, owing to their robust connectivity, is acting as another growth-inducing factor. Furthermore, extensive research and development (R&D) activities toward building new high-speed rails, such as maglev trains and metros, are creating a positive outlook for the market. Moreover, the increasing inclination towards public transport systems to minimize pollution, carbon footprint, and traffic congestion is favoring the market growth. Other factors, including increasing investments by several governments for the expansion of the railroad network, exponential population growth, emerging trends of railcar leasing, and advancements in storage facilities for perishable goods, are anticipated to drive the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global railroad market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, distance and end use.

Breakup by Type:

  • Rail Freight
  • Passenger Rail
     

Breakup by Distance:

  • Long Distance
  • Short Distance
     

Breakup by End Use:

  • Mining
  • Construction
  • Agriculture
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Bnsf Railway Company (Berkshire Hathaway Inc.), Canadian National Railway Co., Canadian Pacific Railway Limited, CSX Corporation, CTL Logistics Sp. z o.o, DB Cargo Aktiengesellschaft (Deutsche Bahn AG), Japan Freight Railway Company, Norfolk Southern Corporation, PKP Cargo International (PKP Cargo), SBB Cargo (Swiss Federal Railways), SNCF Group and Union Pacific Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Distance, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Bnsf Railway Company (Berkshire Hathaway Inc.), Canadian National Railway Co., Canadian Pacific Railway Limited, CSX Corporation, CTL Logistics Sp. z o.o, DB Cargo Aktiengesellschaft (Deutsche Bahn AG), Japan Freight Railway Company, Norfolk Southern Corporation, PKP Cargo International (PKP Cargo), SBB Cargo (Swiss Federal Railways), SNCF Group and Union Pacific Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global railroad market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global railroad market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the distance?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global railroad market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Railroad Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Rail Freight
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Passenger Rail
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Distance
    7.1    Long Distance
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Short Distance
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End Use
    8.1    Mining
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Construction
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Agriculture
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Bnsf Railway Company (Berkshire Hathaway Inc.)
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Canadian National Railway Co.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Canadian Pacific Railway Limited
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    CSX Corporation
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    CTL Logistics Sp. z o.o
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    DB Cargo Aktiengesellschaft (Deutsche Bahn AG)
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Japan Freight Railway Company
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Norfolk Southern Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    PKP Cargo International (PKP Cargo)
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    SBB Cargo (Swiss Federal Railways)
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    SNCF Group
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Union Pacific Corporation
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Railroad Market: Major Drivers and Challenges
Figure 2: Global: Railroad Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Railroad Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Railroad Market: Breakup by Type (in %), 2021
Figure 5: Global: Railroad Market: Breakup by Distance (in %), 2021
Figure 6: Global: Railroad Market: Breakup by End Use (in %), 2021
Figure 7: Global: Railroad Market: Breakup by Region (in %), 2021
Figure 8: Global: Railroad (Rail Freight) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Railroad (Rail Freight) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Railroad (Passenger Rail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Railroad (Passenger Rail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Railroad (Long Distance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Railroad (Long Distance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Railroad (Short Distance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Railroad (Short Distance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Railroad (Mining) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Railroad (Mining) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Railroad (Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Railroad (Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Railroad (Agriculture) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Railroad (Agriculture) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Railroad (Other End Uses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Railroad (Other End Uses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: North America: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: North America: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: United States: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: United States: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Canada: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Canada: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Asia-Pacific: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Asia-Pacific: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: China: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: China: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Japan: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Japan: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: India: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: India: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: South Korea: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: South Korea: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Australia: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Australia: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Indonesia: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Indonesia: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Others: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Others: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Europe: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Europe: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Germany: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Germany: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: France: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: France: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: United Kingdom: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: United Kingdom: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Italy: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Italy: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Spain: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Spain: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Russia: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Russia: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Latin America: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Latin America: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Brazil: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Brazil: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Mexico: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Mexico: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Middle East and Africa: Railroad Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Middle East and Africa: Railroad Market: Breakup by Country (in %), 2021
Figure 72: Middle East and Africa: Railroad Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Global: Railroad Industry: SWOT Analysis
Figure 74: Global: Railroad Industry: Value Chain Analysis
Figure 75: Global: Railroad Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Railroad Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Railroad Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Railroad Market Forecast: Breakup by Distance (in Million US$), 2022-2027
Table 4: Global: Railroad Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 5: Global: Railroad Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Railroad Market: Competitive Structure
Table 7: Global: Railroad Market: Key Players


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