Rail Transportation Global Market Report 2018

Rail Transportation Global Market Report 2018
Starting Price : $ 6000.00 | Pages : 250 | Published : February 2018

SKU CODE : 3006 | Format :

The rail transportation industry uses trains to provide transport for passengers and/or cargo. Railroads operate either on networks with physical facilities, labor forces, and equipment spread over a wide geographic area, or operate over a short distance on a local rail line. This industry does not include scenic and sightseeing rail transportation, street railroads, commuter rail, or rapid transit systems.

Asia Pacific was the largest region in the rail transportation market in 2017, accounting for 49.2% market share. This is mainly due to a large population and fairly well developed rail network in countries such as China and India.   In addition to this, transportation of coal, minerals, steel, fertilizers, chemicals, petroleum products by rail had boosted the market growth in Asia Pacific region. North America was the second largest region accounting for 21.5% market share.
Africa was the smallest region accounting for 3.5% market share.

Rail transportation companies are using alternative energy sources to operate their rolling stock and stations. Alternatives for diesel include hydrogen and LNG (already being tested by some rail operators) that can be used to power trains. The use of alternative energy sources is primarily driven by growing environmental concerns due to climate change and rising fears of energy security. For instance, The Netherlands’ national railway company Nederlandse Spoorwegen (NS) and electricity company Eneco is running all its trains on wind energy, since January 2017.

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Transportation Services Market Global Briefing 2018

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Transportation Services Market Global Briefing 2018

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Transportation Services Market Global Briefing 2018

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Transportation Services Market Global Briefing 2018

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Transportation Services Market Global Briefing 2018

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Transportation Services Market Global Briefing 2018

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Transportation Services Market Global Briefing 2018

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