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Passenger Rail Transport Market Overview and Forecasts through 2031

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Passenger Rail Transport Market Overview and Forecasts through 2031

Passenger Rail Transport Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. 

TBRC’s market report includes a chapter on the COVID-19 impact on the passenger rail transport industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected passenger rail transport market growth numbers from 2022-2031. 


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The global passenger rail transport market size is expected to grow from $227.21 billion in 2021 to $250.93 billion in 2022 at a compound annual growth rate (CAGR) of 10.4%. The passenger rail transport market is then expected to grow to $357.84 billion in 2026 at a CAGR of 9.3%. 


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The Passenger Rail Transport Global Market Report 2022-31 by The Business Research Company evaluates passenger rail transport market size, growth rate, drivers, passenger rail transport industry trends, and major companies. 


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 


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 

Key Mergers And Acquisitions In The Passenger Rail Transport Market 

Market Background: Rail Transportation Market 



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