Urban rail transit is an all-encompassing term for various types of local rail systems providing passenger service within and around urban or suburban areas. The set of urban rail systems can be roughly subdivided into the following categories, which sometimes overlap because some systems or lines have aspects of multiple types.
The global urban rail transit market is expected to grow during the forecast period, due to the growing demand for the public transportation facilities. The market has been segmented based on the product type as metro rail, light rail, and monorail. The metro rail has the major share in the market, due to the increased investments for metro projects. According to the region-wise segmentation, APAC is the major contributor, followed by EMEA and the Americas. The major markets in APAC are China and India. The demand for urban transit systems has grown in this region due to growing urbanization.
The report comprises of key players profiles namely consignment, price, revenue, profit interview records and sources of distribution. It helps clients get a better analysis of their competitors. In addition, it encompasses the regions and countries across the world and depicts the regional outlook, market size, volume, value and price data.
The Urban Rail Transit market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Global market, the following companies are covered:
Alstom
Bombardier
CRRC
Mitsubishi Heavy Industries
Siemens
Market Segment by Product Type
Metro Rail
Light Rail
Monorail
Market Segment by Application
Commuters
Students
Old People
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Urban Rail Transit market for the forecast period 2020 - 2025?
• What are the driving forces in the Urban Rail Transit market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Urban Rail Transit industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?