Passenger Rail in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Passenger rail sector consists of all passenger transport by rail services, including international, inter-city, regional, and suburban trains ("Commuter trains" in US terminology are included). However, tram/streetcar, metro/subway, and similar trains are not included.
- The US passenger rail sector recorded revenues of $14.40 billion in 2024, representing a negative compound annual growth rate (CAGR) of 15.6% between 2019 and 2024.
- The US passenger rail sector consumption volumes declined with a negative CAGR of 16.1% between 2019 and 2024, reaching a total of 13.5 billion passenger kilometers (PKM) in 2024.
- In 2024, the US passenger rail sector grew by 3.8%, driven by a rise in travel and tourism. Increased domestic and international tourism led to higher demand for rail services, boosting ridership across the country. The expansion of high-speed trains and regional routes also contributed to this growth.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the passenger rail market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the passenger rail market in the United States
- Leading company profiles reveal details of key passenger rail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States passenger rail market with five year forecasts
Reasons to Buy
- What was the size of the United States passenger rail market by value in 2024?
- What will be the size of the United States passenger rail market in 2029?
- What factors are affecting the strength of competition in the United States passenger rail market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States's passenger rail market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- National Railroad Passenger Corp
- Metropolitan Transportation Authority
- Southeastern Pennsylvania Transportation Authority
- Alaska Railroad Corporation
