Urban Rail Transit Market Outlook 2021 – Rise Of Public-Private Partnership In Developing Countries

The growing urbanization in the cities and suburban areas has spurred the demand for more public transportation modes. The advances of the public transport systems aid in the overall economic development of the country and help in increased mobility through connected networks. The acceptance of the urban rail transit market has been increasing over the years. The main reason for the growth of the market is the growing congestion in the urban and suburban areas. To overcome the rising concern of traffic and congestion, urban rail transit systems have been adopted globally. This is growing faster in the developing countries, especially in APAC, due to the increasing urbanization.

Analysts forecast the global urban rail transit market to grow at a CAGR of 5.25% during the period 2017-2021.

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Economic growth and the growth in population are increasingly demanding the need for improved public transport to provide improved mobility and better connectivity. The expansion of network operators connects more cities and provides better transport services to the growing congestion in urban and suburban regions. The public transport systems are fuel efficient, save time, and eco-friendly. This will increase the need for public transport which will be one of the key trends that will gain traction in the urban rail transit market during the next few years.

Urban Rail Transit Market Key vendors:
-Alstom
-Bombardier
-CRRC
-Mitsubishi Heavy Industries
-Siemens

Other prominent vendors
-AmstedMaxion
-Astra Rail
-Bradken
-CAF
-DCD Rail
-Downer Group
-èolane
-INTAMIN Deutschland

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Market driver
-Growing urbanization and need for sustainability

Market challenge
-High initial investment

Market trend
-Rise of public-private partnership in developing countries

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Posted by Rajat Sahni on Friday July 27 2018, 3:52 AM EST. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0