Metro Rail Infrastructure Market 2023 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030
Page: 215 | Report Code: CM231228 | Research Suite: Report (PDF) & Market Data (Excel)
The market value of Metro Rail Infrastructure was valued at $50.13 billion in 2022, and a CAGR of 5.1% is expected during the forecast period. Metro trains are operated mostly in metro cities. It covers widely the residential, commercial, and entertainment sectors. Metro trains have become the backbone of public transportation. Metro is also known as a subway or underground. Due to this, a well-organized rail metro infrastructure is needed. Increasing population and urbanization are driving the growth of the market significantly. Development of metro and rail infrastructure is a major concern. Traffic disruption during construction and the requirement for the latest technology restrain the metro rail infrastructure market.
Impact of Covid-19
COVID-19 had a
significant impact on the metro rail infrastructure market globally. Lockdown,
travel restrictions, and reduced passengers globally have led to decreased
ridership and revenue for metro systems. Construction delays, budget
constraints, and operational challenges also impacted new projects and
maintenance. During COVID-19 for a very long period, the trains were
permanently prohibited due to the spread of the virus. However, some regions
witnessed an increased focus on infrastructure investment, future proofing, and
improving public transportation systems to ensure safety and adaptability in
the post-pandemic era. COVID-19 caused complete damage to the railway industry,
as the journey from one country to another was completely prohibited. In
European countries, COVID-19 has had a significant impact on the industry.
Post-COVID-19, due to the magnificent efforts made by governments all over the
world, metro railway infrastructure has observed significant growth.
Growth Drivers
Urbanization is the significant driver, as cities seek efficient transportation solutions, to manage increasing populations. Environmental concerns push for eco-friendly transit options, promoting investment in metro systems. Governments worldwide are investing in public transport. Infrastructure to ease traffic congestion. Reduce emissions and stimulate economic development. Technological advancements, such as smart ticketing systems, automation, and energy-efficient design, also contribute to the growth of the metro rail sector by enhancing convenience and sustainability. Technological advancement and increasing disposable income are driving the growth of the market significantly. Support from government subsidies and public-private partnerships fuels the expansion and modernization of metro rail networks.
Support from governments through
funding, subsidies, and public-private partnerships fuels the expansion and
modernization of the metro rail network. Innovation in smart ticketing,
automation, energy efficiency, and safety measures contribute to the growth of
metro rail systems, making them more attractive and convenient for passengers.
Metro rail projects often stimulate economic growth by creating job
opportunities, boosting real estate development around the stations, and
improving overall connectivity within the cities. The metro rail network helps
ease traffic congestion, reduce travel time, and provide a more reliable mode
of transportation.
Increasing
number of metro stations in countries like India, and China is driving the
growth in this market. In India Earlier Only Kolkata had metro station, but
later on even small cities like Lucknow, and Ahmedabad are also being blessed
with metro train facilities. Increasing inclination of government for providing
better rail infrastructure is driving the growth in the market.
Segmentation
By Structure
·
Elevated
·
Ground Level
·
Under Ground
By Infrastructure
·
Alignment and Trackwork
·
Electric Power System
·
Signaling and Train Control
Regional Outlook
·
Asia Pacific
·
North America
·
Latin America
·
Europe
·
Middle East and Africa
Metro Rail Infrastructure by Structure Segmentation
On the basis of the structure, the metro rail infrastructure is segmented into elevated, ground-level, and underground. Elevated metro rail systems are constructed above ground level, often on ground tracks. They are commonly used in urban areas, where space is limited. Elevated systems offer easier construction and maintenance, but they sometimes face noise-related concerns. Some metro rail systems run at ground level, either on surface tracks or in a dedicated lane separated by regular road traffic. These systems are typically found in less densely populated areas, offering easier accessibility to passengers and lower construction costs in comparison to those underground. Underground metro rail systems are built beneath the ground, often through tunnels. They are prevalent in densely populated urban centers. They are typically more expensive to construct and maintain due to the complexities of tunneling. Increasing urbanization and providing the citizens of densely populated countries with more ease, the metro rail infrastructure is driving the market in a positive direction.
Regional Outlook
On the basis of
the regions, the metro rail infrastructure market is segmented into 5 parts:
Asia Pacific, North America, Europe, the Middle East and Africa, and Latin
America. Asia Pacific is the leading segment due to increasing urbanization and
industrialization. Cities seek efficient transportation solutions to manage
traffic effectively on the road. Emerging countries like China and India are
growing rapidly in the market. Sustainable, eco-friendly transit options to
reduce pollution are the need of the hour, and China, India, and Japan are the
leading regions. The metro rail transportation market in North America has seen
growth propelled by a focus on sustainable and efficient transportation
solutions. Major cities like New York, Los Angeles, Washington, D.C., and
Toronto have established extensive metro systems to tackle congestion and
promote public transit. Investment in expansion projects, modernization, and
upgrades to existing metro networks aim to enhance connectivity, reduce carbon
emissions, and improve overall transport efficiency. The market also faced
issues related to funding, regulatory hurdles, and the need for continuous
innovation to meet evolving demands.
Europe boasts a
well-established and expansive metro rail infrastructure market. Cities like
London, Paris, Berlin, and Madrid have comprehensive metro systems that form
the backbone of urban transportation. The region emphasizes sustainability,
with a strong focus on energy-efficient and environmentally friendly transit
solutions. Ongoing investment in expanding the existing network, integrating
new technologies for better efficiency, and ensuring safety is driving the
growth of the market significantly. Emphasizing passenger comfort contributes
to the market’s steady growth. The Russia-Ukraine-Ukraine badly impacted the
growth of the industry in the region due to a lack of warehouses.
Presence of key players in the region like U.S.A. and Europe is driving the growth in the market significantly.
Key Players
·
Siemens
·
GE CO. Ltd.
·
Alstom
·
Sincro LLC
·
8 CATS Automotive
·
Vivial Media Holdings
·
Smart Sites
·
PCG Digital
·
National Rail road Passenger
·
Other Players
Global Metro Rail Infrastructure Market research report
presents a strategic analysis of the global Metro Rail Infrastructure Market
and a forecast for its development in the medium term, taking into account the
impact of COVID-19 on it.
This report delivers market size, regional and country
market data, segmentation growth, market share, competitive landscape,
company’s Metro Rail Infrastructure revenue analysis, strategies of domestic
and global market players, opportunities analysis, strategic market growth
analysis, and technological innovations. It analyses historical and current
market data to accurately gauge its future growth potential. This market report
provides in-depth analysis and insight of market drivers, challenges, trends
& opportunities. At the same time, comprehensive coverage of major vendors
(recent product development & industrial activities, company overview,
insights on business strategy & financial performance, company SWOT
analysis) is provided to give competitive overview. This study presents most
detailed (COVID-19 updated) and in-depth analysis about the global Metro Rail
Infrastructure market, covering all global regions and countries. The report
provides intricate dynamics for each of the countries covered, offering unmatched
value, accuracy and expert insights.
Report
Purpose
The purpose of the report is to portray the state of the
global Metro Rail Infrastructure Market and to present real and expert-verified
data and insights about the market values, volumes, dynamics, segmentation and
prices. It also offers forecast for the market development in the short and
medium term and the impact COVID-19 has and will have on it. Further, it covers
in-depth analysis of the key market players, industry trends and insights,
growth drivers and challenges and all other factors, influencing the growth of
market.
Scope
of the Report
The
report on the global Metro Rail Infrastructure Market presents:
·
Historical Data: Market data including
volume, growth rate, value, and dynamics; Market segmentation (by product, by
region and by country; etc.) for the last five years;
·
Strategic Insights for companies
looking to launch new products to diversify their business, exploring leading
countries to establish supply chain, and top countries to increase company export
and go global
·
Comprehensive Regional Market Data:
volume, growth rate, value, market share and dynamics of for the last five
years (broken down by region);
·
Market Dynamics: Analysis of the
factors impacting the market including demand drivers, industry trends and
challenges and the short and the medium-term impact of COVID-19 presently and
in near future;
·
Analysis and forecast for the global
economy and demographics;
·
Supply chain and value chain analysis,
risk analysis of supply side and demand side;
·
Market Forecast for next ten years
(market share, year-on-year growth, volume, value and segmentation by region);
·
Company profiling of key market players
covering company’s Metro Rail Infrastructure revenue, sales and market share;
·
Comprehensive coverage of competitive
landscape offering market positioning and snapshot of key business strategies;
·
Porter’s Five Forces analysis;
How Can
You Benefit from This Report?
In this
report you can:
·
Track and identify key market trends
and insights and key drivers behind recent market changes and see the impact
COVID-19 has and will have on the market in both the short and the medium term;
·
Get access to reliable and verified
market data, with which aids you to make confident business decisions;
·
Analysis of market numbers, such as
volume, value, forecasts, dynamics, segmentation and market structure – past,
present and future;
·
Gain competitive intelligence about the
market at low cost as compared to other reports;
·
Understand growth potential countries
and regions, opportunities, growth drivers and barriers on the market;
·
Own data spreadsheet for comparison at
global, regional and for individual country, covered in the report;
·
Analyse countries with highest and
lowest demand for Metro Rail Infrastructure and countries in each region which
will grow at highest growth in next five years.
·
Strategically plan business strategy
based on verified market data and expert insights;
·
Identify revenue generation
opportunities in the countries and regions within the market;
·
Get market trend data of last 10 years
and how market growth will unfold in next ten years;
·
Market share analysis and positioning
of leading market players;
·
Get an assessment of competitive
intensity, fragmentation and environment and understand competitive threats;
·
Get hands on data your competitors
might already have and be acting upon;
·
Assess your position on the market,
choose a new product line market to enter or get to know a completely new
market;
·
Save money, time and resources by not
purchasing/collecting data and compiling them by yourself;
·
Extensive analysis of all required
market data in one place;
·
Empower your marketing, branding,
strategy, product and business development, consumption and supply functions
with valuable market insights;
·
Assess market attractiveness and BPS
analysis for region and country and strategies business activities;
·
Develop your own market entry or market
expansion strategy or validate your current strategy;
·
Get easy to read, perceive and
understand report.
What
Kind of Decisions You Can Make Based on the Data in This Report?
This
report detailed and all-inclusive data on Metro Rail Infrastructure Market,
providing valuable support to make vital decisions regarding:
·
Strategic planning;
·
Industry analysis;
·
Target Market/Marketing and sales;
·
Regional and country assessment and
opportunity analysis;
·
Market entry into new product group or
country;
·
Pricing of existing and new products;
·
New product development and Innovation
in existing products;
·
Supply chain management;
·
Market evaluation;
·
Mergers, Expansions, Joint Ventures and
acquisitions.
Who Is
This Report for?
This
report is intended to give broad overview of market to people who already are
working on this market:
·
C-suite Level executives;
·
Directors;
·
Industry strategists;
·
Marketing professionals;
·
Business development professionals;
·
Product developers;
·
Product marketers and strategists;
·
Product managers;
·
Project managers;
·
Suppliers;
· Traders;
This
report also caters to people who are not involved in the market,
representatives of investors, consultants, advisors and financial institutions:
·
Management consultants;
·
Investment managers;
·
Financial professionals;
· M&A managers.
Regional
Coverage
The report on the global Metro Rail Infrastructure Market
breaks down the world into the following regions & countries and covers
every single one of them:
Report
Customization
If the report as is does not serve your market research needs, get it customized at free of cost, as per your own specific requirements. Feel free to contact us for more information!