The US market is estimated at 52 units in 2022, while China is expected to reach 3.7 thousand units by 2026

DUBLIN, August 23, 2022 /PRNewswire/ — The “Bullet Rail / High Speed ​​Rail – Global Market Trajectory and Analysis” report has been added to from ResearchAndMarkets.com offer.

Global High Speed ​​Rail/High Speed ​​Rail Market to Reach 7.6 Thousand Units by 2026

Amidst the COVID-19 crisis, the global high-speed train/high-speed rail market estimated at 6.1 thousand units in 2022, is expected to reach a revised size of 7.6 thousand units by 2026, with growing at a CAGR of 5.3% over the analysis period.

The growth of the global market is expected to be driven by the growing adoption of rapid transit coupled with the need to accelerate travel time and reduce traffic congestion. The significant growth potential is based on attributes such as transport efficiency, high levels of safety and security, a high level of reliability and respect for the environment.

The global market is expected to receive a noticeable boost from increased government spending to develop the rail transportation network, steadily increasing passenger traffic, and attractive incentives associated with the use of energy-efficient rail. Factors such as increasing construction activities and rapid urbanization are paving the way for connectivity between urban and rural or semi-urban areas, which is sure to present new growth avenues for the market. High-speed rail/high-speed rail will also likely benefit from rapid industrialization and the resulting increase in logistics, as well as ongoing technological advancements to improve the safety and reliability of these trains.

In recent years, various countries have begun to emphasize rapid transit such as high-speed trains to reduce travel time and traffic congestion. This requirement prompts governments to develop the city’s infrastructure by laying new tracks to support high-speed trains.

It is estimated that the total number of countries with high-speed/high-speed rail will increase significantly in the coming years, including the United States, Spain, Germany, Italy, France, Japan and China. countries like Japan, Spain, France, Germany and China revolutionized public transport with the establishment of an extensive network of high-speed trains which played an important role in significantly speeding up travel time. On the other hand, the high construction, operation and maintenance costs associated with high-speed/high-speed trains continue to hamper the overall market expansion, especially in developing and underdeveloped countries. developed.

Electric, one of the segments analyzed in the report, is expected to grow at a CAGR of 5.4% to reach 7.2 thousand units by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the Other Types of Propulsion segment is readjusted to a revised CAGR of 4% for the next 7-year period.

Electric railways are used either for electric locomotives for transporting goods or passengers in separate wagons, or for electric multiple units (EMUs) comprising electrically powered wagons, or both. Electric locomotives are also generally more reliable, responsive, powerful and quieter than their diesel counterparts. Electric railway electricity can be generated from a wide range of energy sources, including renewable resources, making them more efficient than a diesel engine and reducing dependence on oil.

The US market is estimated at 52 units in 2022, while China is expected to reach 3.7 thousand units by 2026

The bullet train/bullet train market in the United States is estimated at 52 units in 2022. The country currently accounts for a 0.9% share of the global market. Chinathe second largest economy in the world, is expected to reach an estimated market size of 3.7 thousand units in 2026, with a CAGR of 4.6% over the analysis period.

Other notable geographic markets include Japan and Europeeach predicting growth of 4% and 5.7% respectively over the analysis period.

In Europe, Germany is expected to grow around 5.1% CAGR over the analysis period. About 20 nations have high-speed railways with China with the longest network in the world of 35,000 km of such tracks. The Chinese government aims to connect long-distance routes between production areas and key logistics sites by high-speed rail, which provides a safer, more sustainable and energy-efficient means of transportation.

China National Railways operated more than 9,600 high-speed trains every day by the end of 2020. These trains included the world’s only high-speed overnight services. Europe is a major high-speed rail market and is expected to continue to grow, driven by the European Commission’s long-term plan to extend the length of high-speed rail lines from 9,700 km to 30,750 km by 2030.

Among European countries, Spain has the longest network of high-speed railways (AVE, Alta Velocidad Espanola). The nation ranks next to China as the second longest high-speed rail network in the world with over 3200 km of track.

What’s new for 2022?

  • Global competitiveness and percentage market shares of main competitors
  • Market presence in multiple geographies – Strong/Active/Niche/Trivial
  • Peer-to-peer collaborative online interactive updates
  • Access to digital archives
  • Free updates for one year

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market
  • Impact of the pandemic on transport and railway industries
  • The transportation industry bites the dust
  • Rail freight slumps amid crisis
  • COVID-19 storm delays high-speed rail projects
  • Bullet Train / High Speed ​​Rail – Percentage of Global Major Competitors Market Share in 2022 (E)
  • Bullet Train/Bullet Train: An Introduction
  • Market Outlook
  • Regional landscape
  • China dominates the global market
  • Autonomous trains are gaining visibility
  • China prepares for upcoming projects
  • Japan
  • Europe
  • Select High Speed ​​Train in Europe in country development
  • United States
  • US high-speed rail needs infrastructure funding and new projects for major start-up
  • High-speed rail has yet to reach its destination despite many direct and indirect benefits
  • A look at the fastest commercial trains in the world
  • Competition
  • Market share of the main players in the high-speed rail / high-speed rail market: 2019
  • Recent market activity
  • Global brands

2. FOCUS ON CERTAIN PLAYERS (Total 38 featured)

  • ABB AG
  • Alstom S.A.
  • Constructions and Auxiliaries of Ferrocarriles, SA
  • CRRC Corporation Limited
  • Hitachi Ltd.
  • Japan Rolling Stock Industries Association
  • Kawasaki wagonInc.
  • Korea Railway Research Institute
  • Mitsubishi Heavy Industries Ltd.
  • Siemens AG
  • Talgo S.A.
  • Thales Group
  • Toshiba Infrastructure Systems & Solutions Corporation
  • Union of European Railway Industries

3. MARKET TRENDS AND DRIVERS

  • Growing demand for Maglev technology bodes well
  • Japan & China: Key Adopters of Maglev Technology
  • Advanced capabilities of bullet/high-speed rail as a mass transit mode expand addressable market
  • The compelling merits of high-speed trains
  • High-speed trains gain traction as railway sustainability comes to the fore amid COVID-19, reinforcing importance of environmental protection and climate change management
  • Carbon Dioxide Emissions in Pounds per Passenger by Mode of Transportation
  • Growing attention to the environment triggers trend towards electrification of railways
  • Rising public spending bodes well
  • High-speed trains benefit as governments step up focus on developing rapid transit systems
  • Raising awareness of the benefits of rail freight augurs well for the market
  • Congestion problems in road passenger and freight transport are attracting interest
  • Technological advancements drive future growth

4. GLOBAL MARKET OUTLOOK

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information on this report, visit https://www.researchandmarkets.com/r/2ojz6k

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SOURCE Research and Markets

Jose P. Rogers