The Subway, Light Rail and Cable Car Transport industry is still in the early stages of its development in China. Most rail transit systems were established over 20 years ago; however, with rapid urbanization underway, rail transit systems have been expanding to alleviate increased traffic congestion in cities. Currently, rail transit systems have a limited share of 10.7% of China's urban transportation passenger volumes. Many rail transit systems are under construction or in the planning stages in cities throughout China, and this share is set to grow.Industry revenue is expected to amount to $10.1 billion in 2018, up 6.3% from 2017, with average annual growth of 11.0% over the past five years...purchase to read more.

Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 13-18
11.0%
Forecast Growth 18-23
Profit
Employment
131,250
Businesses
209

Industry Threats & Opportunities

  • With rapid urbanization and a growing population, China's rail transit systems expanded significantly in the past decade
  • Currently, this industry is restricted to a limited number of large cities, making its share of the total urban transportation systems low
  • Industry Report - Industry Analysis Chapter

    In China, the rapidly growing and increasingly mobile population in urban areas has created great challenges for traditional urban transportation systems. An increasing number of private cars, which has resulted in traffic congestion in most medium and large cities, has stimulated the development of the Subway, Light Rail and Cable Car Transport industry in the past decade. Rail transit advantages include being able to carry many people at once, high running speed, low fuel consumption, low environmental pollution compared with the private cars, and low land-use per capita. Therefore, rail transit system development is one of the most feasible solutions to urban transportation problems...purchase to read more.

    Additional Insights for the Subway, Light Rail & Cable Car Transport Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Subway, Light Rail & Cable Car Transport Industry are

  • Must comply with government regulations
  • Ability to attract local support/patronage
  • Easy access for clients
  • IBISWorld analysts also discuss how external factors such as Funding (State) - Public Transport and Urban Population - % of Population in Metropolitan Areas in the Subway, Light Rail & Cable Car Transport industry impact industry performance..

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    What's in this report

    What is the Subway, Light Rail & Cable Car Transport Industry?

    Firms within the Subway, Light Rail and Cable Car Transport industry in China provide local and suburban public transportation services with right of way. These services are separated from other street traffic and provide a regular timetable for passengers. The four most common means of transportation provided are subways, light rail, tram cars and cable cars.

    Industry Products
  • Subway rail transit
  • Light rail transit
  • Other rail transit
  • Industry Activities
  • Subway system services
  • Monorail transit services
  • Light rail transit services
  • Tramcar transit services
  • Maglev train transit services
  • Cable car transit services
  • Mixed-mode transit system services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Funding (State) - Public Transport
  • Urban Population - % of Population in Metropolitan Areas
  • Economic Indicators - Total Motor Vehicle Registrations
  • Household Income Distribution

  • Current Performance
    Rising urbanizationFinancing for rail transit systems
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Subway, Light Rail & Cable Car Transport Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Subway, Light Rail & Cable Car Transport Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Households

  • Key Selling Industries
  • Bridge, Tunnel and Subway Construction
  • Electricity Transmission and Distribution
  • Railway Equipment Manufacturing

  • Products & Services
  • Subway rail transit
  • Light rail transit
  • Other rail transit
  • Chart: Subway, Light Rail & Cable Car Transport Industry Products and Services Segmentation

  • Demand Determinants
  • Demographic change
  • Economic growth and income distribution
  • Passenger preferences
  • Government funding and subsidies

  • Major Markets
  • People aged 19 to 40 years
  • People aged 41 to 60 years
  • People under 18 years of age
  • People aged over 60 years
  • Chart: Major Market Segmentation for the Subway, Light Rail & Cable Car Transport Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Utilities
  • Depreciation
  • Wages
  • Rent and other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Subway, Light Rail & Cable Car Transport

  • Basis of Competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Subway, Light Rail & Cable Car Transport Industry

  • Industry Globalization
    Beijing Subway Operation Co., Ltd., Shanghai Shentong Metro Group, Guangzhou Metro Corporation, Shenzhen Metro Co., Ltd.,
  • Table: Beijing Subway Operation Co., Ltd. - financial performance
  • Table: Shanghai Shentong Metro Group - financial performance
  • Table: Guangzhou Metro Corporation - financial performance
  • Table: Shenzhen Metro Co., Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Subway, Light Rail & Cable Car Transport Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Subway, Light Rail & Cable Car Transport Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Total Assets (2009-2023)
  • Passenger Trips - Million Person Times (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Build Operate Transfer (Bot)
  • A common infrastructure financing and construction method
  • Maglev Or Magnetic Levitation
  • A system of transportation that suspends and propels trains using a vast number of magnets
  • Turnkey Project
  • A type of project constructed by a developer and sold or turned over to a buyer in a ready-to-use condition
  • What Our Customers Say

    Why buy this report?

    The Subway, Light Rail & Cable Car Transport market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    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 Subway, Light Rail & Cable Car 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 Subway, Light Rail & Cable Car 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 Subway, Light Rail & Cable Car Transport, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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