The Subway, Light Rail and Cable Car Transport industry is still in the early stages of its development in China; most rail transit systems were established in the past 15 years. However, with rapid urbanization underway, rail transit systems have been expanding to alleviate increased traffic congestion in cities. Currently, rail transit systems have a limited share of 10.2% of China's urban transportation passenger volumes. However, many rail transit systems are under construction or in the planning stages in cities throughout China, and this share is set to grow.
Firms within the Subway, Light Rail and Cable Car Transport industry in China provide local and suburban public transportation services with right of way. These services are separated from other street traffic and provide a regular timetable for passengers. The four most common means of transportation provided are subways, light rail, tram cars and cable cars.
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.