The Intercity Passenger Rail Transport industry has continued to grow despite the economic headwinds of the recent past. The industry includes large multinational rail companies that operate mainline rail services, in addition to a larger number of smaller operators that run and maintain heritage and tourist railways. The performance of the industry as a whole is affected by many different factors, including the total number of passenger rail journeys made each year, government subsidies, regulatory changes, the rate of unemployment and the relative cost of travelling by rail as opposed to by alternative modes of transport.
The Intercity Passenger Rail Transport industry operates railways for passenger travel between urban areas. The industry also provides some support and auxiliary services to passenger railways and transports small amounts of freight and post. The industry excludes the operation of railways primarily used to transport freight and the operation of light rail networks.
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.
