IBISWorld’s Passenger Rail Transport market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Threats & Opportunities

  • From late-2008, the Chinese government increased investment in China's railway systems to increase capacity
  • Although railways have been expanding in China, railway construction has lagged behind the rapid economic growth

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    Industry Analysis & Industry Trends

    Revenue from the Passenger Railway Transport industry in China has been increasing at an annualized rate 10.0% over the past five years to an estimated of $45.8 billion in 2016. Industry passenger turnover is expected to increase 2.9% to reach 1.2 trillion person-kilometers in 2016.

    Until the mid-1990s, railway transportation was considered China's most important form of transportation. Then, under China's economic reforms, road and air transportation experienced tremendous growth while the railway system grew at a slower rate. In terms of passenger numbers, railway transportation as a share of the total transportation system has decreased over the past decade. Railway passenger turnover in 2015 totaled 1.2 trillion person-kilometers, about 39.8%...

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    Industry Report - Industry SWOT Analysis Chapter

    Between 2011 and 2021, industry value added is expected to increase at an annualized rate of 8.4%. This value added growth is slightly higher than China's average GDP growth during the same period of about 6.5%. Despite slow growth in railway mileage rates, passenger numbers increased due to improvements in railway running speed and operational efficiency.

    However, due to insufficient transportation capacity of China's existing railway system, the operational scale of the industry is considerably repressed, with any expansion of the railway network to result in higher industry revenue growth. Government regulations on pricing levels for railway transportation also mean there is a strong possibility of price rises in the future, which will in turn lead to increased industry growth.


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    Additional Insights for the Passenger Rail Transport Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Passenger Rail Transport Industry are

  • Ability to quickly adopt new technology
  • Ability to vary services to suit different needs
  • Ability to increase transport capacity on holiday occasions
  • IBISWorld analysts also discuss how external factors such as Funding (Federal) - Federal Railroad Administration and Competition from Substitutes - Road Passenger Transport in the Passenger Rail Transport industry impact industry performance..

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    Industry Products

    What is the Passenger Rail Transport Industry?

    Firms in the Passenger Rail Transport industry in China operate state-owned railways (invested by the central government); local railways (invested by local governments); and railways co-invested by enterprises and governments at different levels. Operations of railway terminals, station facilities or rail transit services in urban cities (i.e. light rail and subways) are not included in this industry.

    Industry Products
    Medium-distance passenger transport
    Long-distance passenger transport
    Short-distance passenger transport
    Industry Activities
    Passenger transportation services
    Maintenance of railway facilities

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Funding (Federal) - Federal Railroad Administration
  • Competition from Substitutes - Road Passenger Transport
  • Industry Systems and Technology - Rail Transport
  • Competition from Substitutes - Scheduled Domestic Air Transport
  • Domestic Goods Prices - Petroleum - Gasoline (Retail)

  • Current Performance
  • Increased investments on railway construction
  • Slower growth in railway mileage
  • Increasing liability ratio and reform
  • Chart: Revenue Growth

  • Industry Outlook
  • Midterm railway network planning
  • Complete railway network and the development of new railways in western China
  • Upgrades on existing railways systems
  • Planning of the $586 billion investment package
  • Investment scale
  • Table: Passenger Rail Transport Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Passenger Rail Transport Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Households

  • Key Selling Industries
  • Oil Wholesale
  • Railway Equipment Manufacturing

  • Products & Services
  • Medium-distance passenger transport
  • Long-distance passenger transport
  • Short-distance passenger transport
  • Chart: Passenger Rail Transport Industry Products and Services Segmentation

  • Demand Determinants
  • Fuel costs
  • Demographic shifts
  • Holiday occasions
  • Capacity

  • Major Markets
  • People aged 26 to 54 years
  • People aged 16 to 25 years
  • People aged under 16 and over 55 years
  • Chart: Major Market Segmentation for the Passenger Rail Transport Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Utilities
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Passenger Rail Transport

  • Basis of Competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Passenger Rail Transport Industry

  • Industry Globalization
    Major Companies
    China Railway Corporation
  • Table: China Railway Corporation - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Passenger Rail Transport Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Passenger Rail Transport Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Total Assets (2007-2021)
  • Rail Passengers: person-kilometers (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Double-Track Railways
  • Railways where trains run on a track in each direction.
  • Electrified Railway
  • Supplies electrical energy to railway locomotives and multiple units.
  • Rolling Stock
  • The collective term to describe all the vehicles that move on a railway.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Passenger Rail Transport:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Passenger Rail Transport market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Passenger Rail Transport, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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