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At 3.1% CAGR, Urban Rail Transit Market to Garner $58.2 Bn by 2027 Global Analysis by | Nova one advisor

Latest Study on “Urban Rail Transit Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2027”.

The global Urban Rail Transit market gathered revenue around USD 58.2 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 3.1% during the prediction period 2021 to 2027. The reports on urban rail transit market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing urbanization and need for sustainability and growth of rail supply market. The urban rail transit market analysis includes the type segment and geographical landscapes. This study identifies the surge in investments for rail projects as one of the prime reasons driving the urban rail transit market growth during the next few years.

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The market survey provides compelling insights into important drivers that enable growth. It highlights untapped potential in a variety of industries. For the purpose of the study, the market has been segmented in terms of by Rail Type,Autonomy,Autonomy Level, and regions. The report presents an incisive view of various factors impacting growth across these categories. Challenges posing threat also are studied in detail.

Apart from underscoring unexplored prospects, the report is intended to prepare businesses for unforeseen challenges in the future. It covers recommendations to help them navigate their businesses through obstacles to continue reporting growth at a sustainable pace.

COVID-19 Impact on Urban Rail Transit Sales

Businesses today are operating in a dynamic environment. Earlier focus primarily concentrated on keeping pace with changing consumer preferences. COVID-19 outbreak was unprecedented and exposed vulnerabilities of various industries. Pandemic-induces obstacles also were registered in the Urban Rail Transit market.

Sales plummeted as COVID-19 gradually tightened its noose worldwide. Supply-chain disruptions caused massive losses, while demand took nose-dive as consumers remained indoors with affected countries implementing either partial or complete lockdown.

Gradual recovery however is on the cards with the roll out of vaccinations. Nonetheless, consecutive waves of the virus compelled businesses to stay prepared for the worst. As government and healthcare organizations successfully implement steps to contain the spread of COVID-19, industries have begun operations, albeit at a slow and more cautious pace.

Against this backdrop, Nova one advisor’s study predicts gradual recovery for the Urban Rail Transit market 2021 onwards. This trend will however continue through the course of the report’s assessment period

Emerging Nations to Continue Attracting Investments :

The expansion of various industries across India, China, Brazil, and other emerging countries will help the Urban Rail Transit market flourish. Consistent investment towards industrialization and urbanization, as well as the implementation of policies favouring foreign investment, will continue to be major growth drivers.

Expansion initiatives undertaken by various countries will aid the growth of the Urban Rail Transit market. Besides, the easy availability of raw materials and labours at a cheaper cost will attract an increasing number of companies within the Urban Rail Transit market.

Regional Analysis of Urban Rail Transit Market

In terms of region, the global urban rail transit market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is projected to be a highly lucrative region of the global urban rail transit market during the forecast period. This is primarily due to high investments in urban transport infrastructure projects of rapidly developing countries in the region. Consequently, governments are committed to the promotion of public transport systems. Public transportation infrastructure in India needs considerably high investments and massive upgrades to boost a modal shift from private vehicles. It is estimated that over 50% of the population in India is likely to reside in urban areas by 2050. Metro rail is seen as a necessary solution to develop mass rapid transit systems in large cities in India.

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Some of the prominent players in the Urban Rail Transit Market include: CRRC Corp Ltd, Alstrom, Larsen & Toubro Limited, Siemens AG, Kawasaki Heavy industries, Ltd, and Hitachi Ltd.

Unravelling the Critical Segments

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:

Global Urban Rail Transit Market: Segmentation

  • Urban Rail Transit Market, by Rail Type
    • Metro/Subway
    • Monorail
    • Suburban
    • Tram
  • Urban Rail Transit Market, by Autonomy
    • Manual
    • Semi-autonomous
    • Fully Autonomous
  • Urban Rail Transit Market, by Autonomy Level
    • GoA-0 (On-sight)
    • GoA-1 (Manual)
    • GoA-2 (Semi-automatic Train Operation [STO])
    • GoA-3 (Driverless Train Operation [DTO])
    • GoA-4 (Unattended Train Operation [UTO])

The regional segmentation covers:

-North America Region (U.S., Canada, Mexico)

-Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)

-Asia-Pacific Region (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

-South America Region (Brazil, Argentina, Columbia, Rest of South America)

-The Middle East & Africa Region (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Findings of the Urban Rail Transit Market Study

  • Backed by the presence of well-established industrial infrastructure and willingness to spend on advanced technologies will strengthen North America’s hold in the global market.
  • The Europe market will continue gaining from surging demand in Germany, U.K., Italy, France, and Spain.
  • Investment towards industrialization and favourable policies intended at encouraging foreign investment will drive growth in India and China, sealing Asia Pacific’s position as a highly lucrative market for Urban Rail Transit.
  • In Latin America, the market will gain from surging focus on economic development.

Table of content

Chapter 1.    Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.    Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.    Executive Summary

3.1.  Market Snapshot

Chapter 4.    Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.     Raw Material Procurement Analysis

4.3.2.     Sales and Distribution Channel Analysis

4.3.3.     Downstream Buyer Analysis

Chapter 5.    Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.     Market Drivers

5.1.2.     Market Restraints

5.1.3.     Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.     Bargaining power of suppliers

5.2.2.     Bargaining power of buyers

5.2.3.     Threat of substitute

5.2.4.     Threat of new entrants

5.2.5.     Degree of competition

Chapter 6.    Competitive Landscape

6.1.1.     Company Market Share/Positioning Analysis

6.1.2.     Key Strategies Adopted by Players

6.1.3.     Vendor Landscape

6.1.3.1.          List of Suppliers

6.1.3.2.          List of Buyers

Chapter 7.    Global Urban Rail Transit Market, By Rail Type

7.1.  Urban Rail Transit Market, by Rail Type, 2021-2027

7.1.1.     Metro/Subway

7.1.1.1.          Market Revenue and Forecast (2016-2027)

7.1.2.     Monorail

7.1.2.1.          Market Revenue and Forecast (2016-2027)

7.1.3.     Suburban

7.1.3.1.          Market Revenue and Forecast (2016-2027)

7.1.4.     Tram

7.1.4.1.          Market Revenue and Forecast (2016-2027)

Chapter 8.    Global Urban Rail Transit Market, By Autonomy

8.1.  Urban Rail Transit Market, by Autonomy, 2021-2027

8.1.1.     Manual

8.1.1.1.          Market Revenue and Forecast (2016-2027)

8.1.2.     Semi-autonomous

8.1.2.1.          Market Revenue and Forecast (2016-2027)

8.1.3.     Fully Autonomous

8.1.3.1.          Market Revenue and Forecast (2016-2027)

Chapter 9.    Global Urban Rail Transit Market, By Autonomy Level

9.1.  Urban Rail Transit Market, by Autonomy Level, 2021-2027

9.1.1.     GoA-0 (On-sight)

9.1.1.1.          Market Revenue and Forecast (2016-2027)

9.1.2.     GoA-1 (Manual)

9.1.2.1.          Market Revenue and Forecast (2016-2027)

9.1.3.     GoA-2 (Semi-automatic Train Operation [STO])

9.1.3.1.          Market Revenue and Forecast (2016-2027)

9.1.4.     GoA-3 (Driverless Train Operation [DTO])

9.1.4.1.          Market Revenue and Forecast (2016-2027)

9.1.5.     GoA-4 (Unattended Train Operation [UTO])

9.1.5.1.          Market Revenue and Forecast (2016-2027)

Chapter 10.Global Urban Rail Transit  Market, Regional Estimates and Trend Forecast

10.1.          North America

10.1.1.  Market Revenue and Forecast, by Rail Type (2016-2027)

10.1.2.  Market Revenue and Forecast, by Autonomy (2016-2027)

10.1.3.  Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.1.4.  U.S.

10.1.4.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.1.4.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.1.4.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.1.5.  Rest of North America

10.1.5.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.1.5.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.1.5.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.2.          Europe

10.2.1.  Market Revenue and Forecast, by Rail Type (2016-2027)

10.2.2.  Market Revenue and Forecast, by Autonomy (2016-2027)

10.2.3.  Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.2.4.  UK

10.2.4.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.2.4.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.2.4.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.2.5.  Germany

10.2.5.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.2.5.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.2.5.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.2.6.  France

10.2.6.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.2.6.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.2.6.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.2.7.  Rest of Europe

10.2.7.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.2.7.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.2.7.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.3.          APAC

10.3.1.  Market Revenue and Forecast, by Rail Type (2016-2027)

10.3.2.  Market Revenue and Forecast, by Autonomy (2016-2027)

10.3.3.  Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.3.4.  India

10.3.4.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.3.4.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.3.4.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.3.5.  China

10.3.5.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.3.5.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.3.5.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.3.6.  Japan

10.3.6.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.3.6.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.3.6.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.3.7.  Rest of APAC

10.3.7.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.3.7.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.3.7.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.4.          MEA

10.4.1.  Market Revenue and Forecast, by Rail Type (2016-2027)

10.4.2.  Market Revenue and Forecast, by Autonomy (2016-2027)

10.4.3.  Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.4.4.  GCC

10.4.4.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.4.4.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.4.4.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.4.5.  North Africa

10.4.5.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.4.5.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.4.5.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.4.6.  South Africa

10.4.6.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.4.6.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.4.6.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.4.7.  Rest of MEA

10.4.7.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.4.7.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.4.7.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.5.          Latin America

10.5.1.  Market Revenue and Forecast, by Rail Type (2016-2027)

10.5.2.  Market Revenue and Forecast, by Autonomy (2016-2027)

10.5.3.  Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.5.4.  Brazil

10.5.4.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.5.4.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.5.4.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

10.5.5.  Rest of LATAM

10.5.5.1.       Market Revenue and Forecast, by Rail Type (2016-2027)

10.5.5.2.       Market Revenue and Forecast, by Autonomy (2016-2027)

10.5.5.3.       Market Revenue and Forecast, by Autonomy Level (2016-2027)

Chapter 11.   Company Profiles

11.1.                 CRRC Corp Ltd

11.1.1.  Company Overview

11.1.2.  Product Offerings

11.1.3.  Financial Performance

11.1.4.  Recent Initiatives

11.2.                 Alstrom

11.2.1.  Company Overview

11.2.2.  Product Offerings

11.2.3.  Financial Performance

11.2.4.  Recent Initiatives

11.3.                 Larsen & Toubro Limited

11.3.1.  Company Overview

11.3.2.  Product Offerings

11.3.3.  Financial Performance

11.3.4.  Recent Initiatives

11.4.                 Siemens AG

11.4.1.  Company Overview

11.4.2.  Product Offerings

11.4.3.  Financial Performance

11.4.4.  Recent Initiatives

11.5.                 Kawasaki Heavy industries

11.5.1.  Company Overview

11.5.2.  Product Offerings

11.5.3.  Financial Performance

11.5.4.  Recent Initiatives

11.6.                 Ltd

11.6.1.  Company Overview

11.6.2.  Product Offerings

11.6.3.  Financial Performance

11.6.4.  Recent Initiatives

11.7.                 Hitachi Ltd

11.7.1.  Company Overview

11.7.2.  Product Offerings

11.7.3.  Financial Performance

11.7.4.  Recent Initiatives

Chapter 12.   Research Methodology

12.1.                 Primary Research

12.2.                 Secondary Research

12.3.                 Assumptions

Chapter 13.   Appendix

13.1.                 About Us

13.2.                 Glossary of Terms

Why Buy this Report?

The purpose of Nova one advisor’s Urban Rail Transit market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.

Some of the key highlights of the report are:

  • Urban Rail Transit Market Demand Outlook – The report offers refined forecasts on potential growth prospects for the market. Based on data derived after thorough research by a team of expert analysis, Nova one advisor presents the most precise rate of growth for the market for the assessment period starting from (start year) to (end year).
  • Urban Rail Transit Supply Chain Analysis – The purpose of the survey is to help companies identify potential scope for supply chain expansion. The study also presents analysis of unprecedented threats.
  • Key Market Segments – To present an exhaustive overview, the global Urban Rail Transit market is segmented in terms of by Rail Type, Autonomy, Autonomy Level, and region. Opportunities existing across each of these categories are reflected on to help businesses realize their true potential.
  • Competitive Landscape Analysis – Some of the leading companies operating in the Urban Rail Transit market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

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About Us

Nova One Advisor is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Nova One Advisor has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.

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Email: – sales@novaoneadvisor.com

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The post At 3.1% CAGR, Urban Rail Transit Market to Garner $58.2 Bn by 2027 Global Analysis by | Nova one advisor appeared first on Flair Insight.

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