The Freight Rail Transport industry is expected to generate $42.0 billion in 2015, up 5.2% from 2013. Over the five years to 2015, industry revenue is expected to grow at an average rate of 6.7% per year. There are approximately 267 companies operating in the industry, employing about 731,800 workers and paying total wages of $4.8 billion in 2015.
Due to the limited scale of China's railway system, existing rail freight capacity in China can no longer meet the rapidly growing domestic transportation demand. Between 2006 and 2010, the Chinese government allocated $160.0 billion to the expansion of the railway network in China to over 90,000 kilometers.
The Freight Rail Transport industry in China operates railways for the transportation of freight across China. The industry comprises state-owned railways as well as local railways (invested and operated by local governments) for transferring freight or cargo. Management and operations of railway terminals and station facilities are not included in this industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.