The Passenger Rail Transport Global Market Report 2021-31 by The Business Research Company describes and explains the global passenger rail transport market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The Passenger Rail Transport Global Market Report 2022 covers passenger rail transport market drivers, passenger rail transport market trends, passenger rail transport market segments, passenger rail transport market growth rate, passenger rail transport market major players, and passenger rail transport market size.

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The passenger rail transport market report provides in-depth analysis of the impact of COVID-19 on the global passenger rail transport industry along with revised market numbers due to the effects of the coronavirus and the expected passenger rail transport market growth numbers for 2022-2031.

The global passenger rail transport market size is expected to grow from $227.21 billion in 2021 to $250.93 billion in 2022 at a compound annual growth rate (CAGR) of 10.4%. The passenger rail transport market share is then expected to grow to $357.84 billion in 2026 at a CAGR of 9.3%.

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Passenger Rail Transport Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

TBRC’s report covers the passenger rail transport market segments-
1) By Type: Medium-Distance Passenger Transport, Long-Distance Passenger Transport, Short-Distance Passenger Transport
2) By Service Type: Transportation, Services Allied to Transportation (Maintenance of Railcars and Rail Tracks, Switching of Cargo, and Storage)
3) By Application: City, Rural

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