Global Bullet Train / High-Speed Rail Strategic Business Report 2023-2030: Japan & China Emerge as Key Adopters of Maglev Technology

DUBLIN, Jan. 2, 2024 /PRNewswire/ — The “Bullet Train / High-Speed Rail – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

 

 

Global Bullet Train / High-Speed Rail Market to Reach $9.5 Million by 2030

The global market for Bullet Train / High-Speed Rail estimated at US$6.1 Million in the year 2022, is projected to reach a revised size of US$9.5 Million by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030.

The report focuses on the impact of the pandemic on the transport and rail industries, highlighting the challenges and disruptions faced by these sectors during the crisis. It discusses how the transportation industry faced significant challenges and disruptions due to the pandemic, affecting various modes of transport, including rail. The decline in rail freight and passenger rail miles traveled in the US is presented as a reflection of the industry’s struggles during the crisis.

Electric, one of the segments analyzed in the report, is projected to record 5.9% CAGR and reach US$8.7 Million by the end of the analysis period. Growth in the Other Propulsion Types segment is estimated at 4.3% CAGR for the next 8-year period.

The report also addresses the delays experienced by high-speed rail projects worldwide as a result of the COVID-19 storm. It provides insights into the competitive landscape of the bullet train and high-speed rail market in 2023, highlighting key competitors and their market presence.

Furthermore, the report introduces the concept of bullet trains/high-speed rail, offering an overview of the industry. It presents the market outlook, regional landscape, and the dominance of China in the world market. The emergence of autonomous trains and the status of high-speed rail projects in Japan, Europe, and the United States are also discussed.

The report provides data on the length of high-speed rail networks and the fastest commercial trains in operation globally, giving readers a comprehensive view of the industry’s status. In terms of competition, it includes market share data from leading players in the bullet train/high-speed rail market in 2019, as well as recent market activity and world brands in the industry.

What`s New?

Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET TRENDS & DRIVERS

Rising Demand for Maglev Technology Augurs WellJapan & China: Key Adopters of Maglev TechnologyAdvanced Capabilities of Bullet/ High-Speed Rail as Public Transit Mode Widen the Addressable MarketCompelling Merits of High-Speed TrainsHigh-Speed Trains Gain as Railway Sustainability Comes to the Fore with COVID-19 Reinforcing the Importance of Environmental Protection & Climate Change ManagementCarbon Dioxide Emissions in Lbs Per Passenger by Transportation ModeGrowing Focus on the Environment Triggers the Trend Towards Railway ElectrificationRising Government Spending Bodes WellHigh Speed Trains Benefit as Governments Step Up the Focus on Developing Rapid Transit SystemsIncreasing Realization about Benefits of Rail Freight Augur Well for the MarketCongestion Issues with Road Passenger and Freight Transportation Drives InterestWorld Urban Population in Million and as Percentage of Total Population for the Period 1950-2050PTechnology Advancements Drive Future Growth

FOCUS ON SELECT PLAYERS (Total 38 Featured)

Kawasaki Heavy Industries Ltd.FirstGroup plcHyundai Motor CompanyConstrucciones y Auxiliar de Ferrocarriles (CFA), S.A.Deutsche Bahn AGPrysmian S.p.ANippon Sharyo Ltd.Hyundai Rotem CompanyIFENuovo Trasporto Viaggiatori S p aKTK GroupChina Forging MachineryFlytogetJapan Transport Engineering Co., (J-TREC)Jiangsu Aopai Transportation Equipment Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/aiuwg5

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SOURCE Research and Markets