Global Mass Rapid Transit (MRT) Market: Industry Analysis and Forecast (2020-2026)- By Train Type, Commuting Distance, and Region

Global Mass Rapid Transit (MRT) Market is expected to reach US$ XX Bn by 2026 from US$ XX Bn in 2019 at a CAGR of 13 % during the forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

Mass Rapid Transit (MRT) Definition:

Mass rapid transit (MRT) is a rapid transit mode of public transportation capable of handling a high volume of passengers from one place to another. Mass rapid transit is utilized in metropolitan cities, urban cities, and developing sub-urban regions. Mass rapid transit (MRT) is used to transport a large number of passengers between short or long distances within less time.

Global Mass Rapid Transit (MRT) Market Dynamics:

The need for urban connectivity is increasing along with increased integration of IoT-based solutions, and the emphasis on fast traveling is expected to boost the growth of the Global Mass Rapid Transit (MRT) Market. Because of the increasing population, there is increasing demand for transportation and also the interest of the population in traveling, especially in metros, high-speed trains and fast-moving trains is another reason expected to boost the growth of the Global Mass Rapid Transit (MRT). The invention of bullet trains and other fast-moving trains also helps in rapid mass transit. Mass rapid transit has reduced the burden on the traffic management system because road traffic across urban and developing regions has been increasing day by day, which has increased the burden over the public transportation system thereby have increased the mass rapid transit. Mass Rapid Transit (MRT) is considered as the rapid mode of transportation due to, which governments of several nations are focusing on increasing its mass rapid transit connectivity to contribute to emission control. Also, Mass Rapid Transit (MRT) offers tourists and passengers a great view of the metropolitan city and its landmarks coupled with comfort and safety, which have increased the use of Mass Rapid Transit (MRT) for tourism. Government investment in the transport industry is increasing, which is also expected to boost the growth of the Global Mass Rapid Transit (MRT) Market. Demand for rails for long-distance transportation has increased the demand for Mass Rapid Transit (MRT) worldwide. Stringent regulations by the government for the emission controls have forced to increase the use of rail, which is one of the factors expected to propel the growth of the Global Mass Rapid Transit (MRT) Market.

Global Mass Rapid Transit (MRT) Market Segment Analysis:

The report groups the Global Mass Rapid Transit (MRT) Market in different segments by Train type, Brake Type, and region to forecast the revenues and analyze the market share of each segment over the forecast period. Global Mass Rapid Transit (MRT) Market To know about the Research Methodology :- Request Free Sample Report Based on train type, the Global Mass Rapid Transit (MRT) Market is segmented into Heavy Rail, Subway, Metro, Underground, and Others. The Heavy Rail segment was dominant in 2019 and is expected to command a market share of xx% by 2026. Heavy Rail is present in a higher number of sub-urban and urban for the traveling of the passengers from one location to another for various purposes. Heavy Rail is traditional Railways but Technological advancement and the fast speed of the Metro trains are expected to increase Metro Trains demand in the urban regions. The underground rail constructions are also going on a large scale worldwide, which is also expected to boost the growth of the Global Mass Rapid Transit (MRT) Market.

Global Mass Rapid Transit (MRT) Market Regional Insights:

Asia Pacific is expected to command the largest market share of xx% by 2026

APAC has 28 % of the total railway network of the world present especially in the developing economies of China and India. The increasing government investment for the up-gradation of the rail facilities has propelled the growth of the Mass Rapid Transit (MRT) market in the region. Also, the development of the megacities in the region such as four of the world's megacities are in China is another reason for the need for Mass Rapid Transit Train. The objective of the report is to present a comprehensive analysis of the Global Mass Rapid Transit (MRT) Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Mass Rapid Transit (MRT) Market dynamics, structure by analyzing the market segments and projects the Global Mass Rapid Transit (MRT) Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Mass Rapid Transit (MRT) Market make the report investor’s guide.

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Global Mass Rapid Transit (MRT) Market 2

Global Mass Rapid Transit (MRT) Market Key Players

• Hitachi Ltd. (Japan) • CRRC Corporation Limited (China) • Bombardier Inc. (Canada) • Alstom S.A. (France) • ABB (Switzerland) • Siemens AG • Alstom S.A. • Thales Group • Hyundai Rotem • AGE Power Solutions • Wabtec Corporation • Toshiba International Corporation • CZ Loko • Bharat Heavy Electricals Limited • Metso Corporation • Brookville Equipment Corporation • Materfer • KONČAR - Electronics and Informatics Inc. • Stucki Company • UGL Rail • Kawasaki Rail Car, Inc. • HYUNDAI ROTEM COMPANY • Taiwan Rolling Stock Co Ltd. • Stadler Rail AG
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Mass Rapid Transit (MRT) Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Mass Rapid Transit (MRT) Market 3.4. Geographical Snapshot of the Mass Rapid Transit (MRT) Market, By Manufacturer share 4. Global Mass Rapid Transit (MRT) Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Mass Rapid Transit (MRT) Market 5. Supply Side and Demand Side Indicators 6. Global Mass Rapid Transit (MRT) Market Analysis and Forecast, 2019-2026 6.1. Global Mass Rapid Transit (MRT) Market Size & Y-o-Y Growth Analysis. 7. Global Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 7.1.1. Intra-city 7.1.2. Intercity 7.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 7.2.1. Heavy Rail 7.2.2. Subway 7.2.3. Metro 7.2.4. Underground 7.2.5. Others 8. Global Mass Rapid Transit (MRT) Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 9.1.1. Intra-city 9.1.2. Intercity 9.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 9.2.1. Heavy Rail 9.2.2. Subway 9.2.3. Metro 9.2.4. Underground 9.2.5. Others 10. North America Mass Rapid Transit (MRT) Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 12. Canada Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 13. Mexico Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 14. Europe Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 14.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 15. Europe Mass Rapid Transit (MRT) Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 17. France Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 18. Germany Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 19. Italy Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 20. Spain Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 21. Sweden Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 22. CIS Countries Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 23. Rest of Europe Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 24. Asia Pacific Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 24.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 25. Asia Pacific Mass Rapid Transit (MRT) Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 27. India Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 28. Japan Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 29. South Korea Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 30. Australia Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 31. ASEAN Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 32. Rest of Asia Pacific Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 33. Middle East Africa Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 33.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 34. Middle East Africa Mass Rapid Transit (MRT) Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 36. GCC Countries Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 37. Egypt Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 38. Nigeria Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 39. Rest of ME&A Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 40. South America Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 40.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 41. South America Mass Rapid Transit (MRT) Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 43. Argentina Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 44. Rest of South America Mass Rapid Transit (MRT) Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Commuting Distance, 2019-2026 44.2. Market Size (Value) Estimates & Forecast By Train Type, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Mass Rapid Transit (MRT) Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Hitachi Ltd. (Japan) 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. CRRC Corporation Limited (China) 45.3.3. Bombardier Inc. (Canada) 45.3.4. Alstom S.A. (France) 45.3.5. ABB (Switzerland) 45.3.6. Siemens AG 45.3.7. Alstom S.A. 45.3.8. Thales Group 45.3.9. Hyundai Rotem 45.3.10. AGE Power Solutions 45.3.11. Wabtec Corporation 45.3.12. Toshiba International Corporation 45.3.13. CZ Loko 45.3.14. Bharat Heavy Electricals Limited 45.3.15. Metso Corporation 45.3.16. Brookville Equipment Corporation 45.3.17. Materfer 45.3.18. KONČAR - Electronics and Informatics Inc. 45.3.19. Stucki Company 45.3.20. UGL Rail 45.3.21. Kawasaki Rail Car, Inc. 45.3.22. HYUNDAI ROTEM COMPANY 45.3.23. Taiwan Rolling Stock Co Ltd. 45.3.24. Stadler Rail AG 46. Primary Key Insights
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