Urban Rail Transit Market

Urban Rail Transit Market (Rail Type: Metro/Subway, Monorail, Suburban, and Tram; and Autonomy: Manual, Semi-autonomous, and Fully Autonomous) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Global Urban Rail Transit Market Outlook 2031

  • The global industry was valued at US$ 42.2 Bn in 2022
  • It is estimated to grow at a CAGR of 2.8% from 2023 to 2031 and reach US$ 54.1 Bn by the end of 2031

Analysts’ Viewpoint

Rise in government investment toward decongesting urban traffic is projected to drive the global urban rail transit market size in the near future. Major cities around the globe are deploying urban rail transit systems for hassle-free movement of commuters, thereby avoiding traffic jams and making city life easier and more comfortable.

Introduction of autonomous rail technology is projected to offer lucrative opportunities for vendors in the urban rail transit industry. Better accessibility, more mobility, and improved land utilization are some of the few advantages of autonomous urban rail technology. Electric trains and AV technology are gaining traction to help reduce pollution and safeguard the environment.

Urban Rail Transit Market

Market Introduction

Urban rail transit is a public transportation system that utilizes trains and tracks to move passengers within a city or metropolitan area. It is often used to relieve traffic congestion and provide a more efficient and environment-friendly means of getting around.

Urban rail transit systems have a considerable impact on the reduction of traffic congestion and sustainable development of urban traffic systems, as they are effective in terms of speed, land occupation, and low emissions.

Rise in Urban Population Fueling Urban Rail Transit Market Dynamics

Growth in urban population and expansion of metropolitan areas have led to increase in investment in transportation infrastructure. Traffic congestion is a major issue in cities worldwide due to rise in the number of private vehicles. It often causes accidents, thereby endangering lives. Thus, policymakers across the globe are implementing alternative strategies to achieve sustainable mobility. This, in turn, is projected to spur the urban rail transit market growth in the near future.

Growth in Investment in Metro Rail Infrastructure in Developing Countries

Increase in need for affordable, green, and quick modes of transportation is boosting investment in metro rail infrastructure, especially in developing countries. Moreover, governments across the globe are supporting the development of smart cities. These factors are propelling the urban rail transit market progress.

Driverless train operations with Grade of Automation (GoA) Level 4 are gaining traction in developed and developing economies such as China, Japan, Brazil, and India. Mainline, regional, and tram operators are increasing the capacity, flexibility, and energy efficiency of their train operations. These advancements are likely to augment the market trajectory in the next few years. However, significant capital outlay, rigid routes, and traffic disruptions during construction are expected to lead to market limitations in the near future.

High Adoption of Metro/Subway

According to the latest urban rail transit market trends, the metro/subway rail type segment is projected to hold largest share from 2023 to 2031. Governments across the globe are heavily investing in metro infrastructure to tackle traffic congestion. In Australia, Sydney Metro offers driverless trains and a digital signaling system. In India, Delhi Metro started driverless train operations on its 59 km Pink line in November 2021.

Semi-autonomous Trains Gaining Traction

According to the latest urban rail transit market analysis, the semi-autonomous autonomy level segment is expected to dominate the industry in the near future. Rise in adoption of driverless or autonomous technology in urban transit rails, such as metro rails, monorails, and trams, is boosting the segment.

Regional Outlook

According to the latest urban rail transit market forecast, Asia Pacific is anticipated to hold largest share from 2023 to 2031. Rapid industrialization and rise in urban population in developing countries, such as China, India, and South Korea, are driving market development in the region. By 2050, more than 50% of the population in India is estimated to reside in cities. Emerging economies in Asia Pacific are investing significantly in urban rail transit infrastructure projects to enhance public transportation.

Analysis of Key Players

ABB, Alstom S.A., Beijing Traffic Control Technology Co., Ltd., Bharat Forge Limited, Bombardier, BYD Auto Co., Ltd., Construcciones y Auxiliar de Ferrocarriles, S.A., CRRC Corporation Limited, FTD Fahrzeugtechnik Bahnen Dessau GmbH, General Electric, GHH-BONATRANS, Hitachi Ltd., Kawasaki Heavy Industries, Ltd., Kinki Sharyo Co., Ltd., Knorr-Bremse AG, Larsen & Toubro Limited, Mitsubishi Electric, Samvardhana Motherson, Niigata Transys Co., Ltd., Robert Bosch GmbH, Siemens, Skoda Transportation AS, Thales Group, The Greenbrier Companies Inc., and Wabtec Corporation are major players operating in this industry.

Key players have been profiled in the urban rail transit market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Vendors are using advanced software and data analytics to optimize their routes and schedules. They are also creating more sustainable, reliable, and customer-focused systems that help cater to the needs of their communities and increase their urban rail transit market share.

Key Developments

  • In January 2022, Hitachi Rail received a contract of US$ 82.29 Mn from Princess Nourah Bint Abdulrahman University to run and maintain the autonomous metro system in Riyadh, Saudi Arabia
  • In August 2021, Siemens AG, in cooperation with Deutsche Bahn, started investigating the sensor integration function into the train and how it functions as a driver assistance system for avoiding collisions in varying weather conditions

Urban Rail Transit Market Snapshot

Attribute

Detail

Market Size Value in 2022

US$ 42.2 Bn

Market Forecast Value in 2031

US$ 54.1 Bn

Growth Rate (CAGR)

2.8%

Forecast Period

2023–2031

Historical Data Available for

2017–2021

Quantitative Units

US$ Bn for Value and Kms for Volume

Market Analysis

It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2022)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Rail Type
    • Metro / Subway
    • Monorail
    • Suburban
    • Tram
  • Autonomy
    • Manual
    • Semi-autonomous
    • Fully Autonomous
  • Autonomy Level
    • GoA-0 (On-sight)
    • GoA-1 (Manual)
    • GoA-2 (Semi-automatic Train Operation [STO])
    • GoA-3 (Driverless Train Operation [DTO])
    • GoA-4 (Unattended Train Operation [UTO])

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Russia & CIS
  • Japan
  • China
  • India
  • ASEAN
  • Brazil
  • Mexico
  • GCC
  • South Africa

Companies Profiled

  • ABB
  • Alstom S.A.
  • Beijing Traffic Control Technology Co., Ltd.
  • Bharat Forge limited
  • Bombardier
  • BYD Auto Co., Ltd.
  • Construcciones y Auxiliar de Ferrocarriles, S.A.
  • CRRC Corporation Limited
  • FTD Fahrzeugtechnik Bahnen Dessau GmbH
  • General Electric
  • GHH-BONATRANS
  • Hitachi Ltd.
  • Kawasaki Heavy Industries, Ltd.
  • Kinki Sharyo Co., Ltd.
  • Knorr-Bremse AG
  • Larsen & Toubro Limited
  • Mitsubishi Electric
  • Samvardhana Motherson
  • Niigata Transys Co., Ltd.
  • Robert Bosch GmbH
  • Siemens
  • Skoda Transportation AS
  • Thales Group
  • The Greenbrier Companies Inc.
  • Wabtec Corporation
  • Others

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big was the global urban rail transit market in 2022?

The global market was valued at US$ 42.2 Bn in 2022

How is the industry expected to grow during the forecast period?

It is projected to grow at a CAGR of 2.8% from 2023 to 2031

How much worth the business will be in 2031?

It is estimated to reach US$ 54.1 Bn by the end of 2031

Which are the key driving trends?

Rise in urban population and growth in investment in metro rail infrastructure in developing countries

Which segment accounts for largest share?

The metro/subway rail type segment is likely to hold largest share in 2031

Which region is most lucrative for vendors?

Asia Pacific is likely to be the most lucrative region from 2023 to 2031

Who are the prominent players in the sector?

ABB, Alstom S.A., Beijing Traffic Control Technology Co., Ltd., Bharat Forge Limited, Bombardier, BYD Auto Co., Ltd., Construcciones y Auxiliar de Ferrocarriles, S.A., CRRC Corporation Limited, FTD Fahrzeugtechnik Bahnen Dessau GmbH, General Electric, GHH-BONATRANS, Hitachi Ltd., Kawasaki Heavy Industries, Ltd., Kinki Sharyo Co., Ltd., Knorr-Bremse AG, Larsen & Toubro Limited, Mitsubishi Electric, Samvardhana Motherson, Niigata Transys Co., Ltd., Robert Bosch GmbH, Siemens

    1. Executive Summary

        1.1. Global Market Outlook

            1.1.1. Market Size, value in US$ Bn, 2017-2031

        1.2. TMR Analysis and Recommendations

        1.3. Competitive Dashboard Analysis

    2. Go to Market Strategy

        2.1. Demand & Supply Side Trends

            2.1.1. GAP Analysis

        2.2. Identification of Potential Market Spaces

        2.3. Understanding Buying Process of Customers

        2.4. Preferred Sales & Marketing Strategy

    3. Market Overview

        3.1. Market Coverage / Taxonomy

        3.2. Market Definition / Scope / Limitations

        3.3. Macro-economic Factors

            3.3.1. Disposable Income

            3.3.2. Gross Domestic Product (GDP)

            3.3.3. Increased Suburban Areas

        3.4. Market Indicators

            3.4.1. Government Policies on Climate Change

            3.4.2. Growth in Government Expenditure Towards Infrastructure Development

            3.4.3. Hub Spoke Architecture

            3.4.4. Increase in Daily Commutation

            3.4.5. Paradigm Shift Toward Commutation

            3.4.6. Rise in Urban Population

        3.5. Market Dynamics

            3.5.1. Drivers

            3.5.2. Restraints

            3.5.3. Opportunity

        3.6. Market Factor Analysis

            3.6.1. Porter’s Five Force Analysis

            3.6.2. PESTEL Analysis

            3.6.3. Value Chain Analysis

                3.6.3.1. List of Key Manufacturers

                3.6.3.2. List of Customers

                3.6.3.3. Level of Integration

            3.6.4. SWOT Analysis

        3.7. Impact Factors

            3.7.1. Energy & Resources

            3.7.2. Environmental Factors

            3.7.3. Government Support

            3.7.4. Inflation

            3.7.5. Infrastructure

            3.7.6. Shared Mobility

            3.7.7. Smart Communication in Mobility

            3.7.8. Rail Technology

        3.8. Urban Rail Transit Project Details

            3.8.1. Upcoming /Ongoing Projects

        3.9. Urban Rail Transit Market: Automation Impact Analysis

        3.10. Technology/ Product Trend

            3.10.1. Technology Roadmap

            3.10.2. Futuristic Trends

    4. Global Urban Rail Transit Market, by Rail Type

        4.1. Market Snapshot

            4.1.1. Introduction, Definition, and Key Findings

            4.1.2. Market Growth & Y-o-Y Projections

            4.1.3. Base Point Share Analysis

        4.2. Global Urban Rail Transit Market Size & Forecast, 2017-2031, by Rail Type

            4.2.1. Metro/Subway

            4.2.2. Monorail

            4.2.3. Suburban

            4.2.4. Tram

    5. Global Urban Rail Transit Market, by Autonomy

        5.1. Market Snapshot

            5.1.1. Introduction, Definition, and Key Findings

            5.1.2. Market Growth & Y-o-Y Projections

            5.1.3. Base Point Share Analysis

        5.2. Global Urban Rail Transit Market Size & Forecast, 2017-2031, by Autonomy

            5.2.1. Manual

            5.2.2. Semi-autonomous

            5.2.3. Fully Autonomous

    6. Global Urban Rail Transit Market, by Autonomy Level

        6.1. Market Snapshot

            6.1.1. Introduction, Definition, and Key Findings

            6.1.2. Market Growth & Y-o-Y Projections

            6.1.3. Base Point Share Analysis

        6.2. Global Urban Rail Transit Market Size & Forecast, 2017-2031, by Autonomy Level

            6.2.1. GoA-0 (On-sight)

            6.2.2. GoA-1 (Manual)

            6.2.3. GoA-2 (Semi-automatic Train Operation [STO])

            6.2.4. GoA-3 (Driverless Train Operation [DTO])

            6.2.5. GoA-4 (Unattended Train Operation [UTO])

    7. Global Urban Rail Transit Market, by Region

        7.1. Market Snapshot

            7.1.1. Introduction, Definition, and Key Findings

            7.1.2. Market Growth & Y-o-Y Projections

            7.1.3. Base Point Share Analysis

        7.2. Global Urban Rail Transit Market Size & Forecast, 2017-2031, by Region

            7.2.1. North America

            7.2.2. Europe

            7.2.3. Asia Pacific

            7.2.4. Middle East & Africa

            7.2.5. South America

    8. North America Urban Rail Transit Market

        8.1. Market Snapshot

        8.2. Urban Rail Transit Market Size & Forecast, 2017-2031, by Rail Type

            8.2.1. Metro/Subway

            8.2.2. Monorail

            8.2.3. Suburban

            8.2.4. Tram

        8.3. Urban Rail Transit Market Size & Forecast, 2017-2031, by Autonomy

            8.3.1. Manual

            8.3.2. Semi-autonomous

            8.3.3. Fully Autonomous

        8.4. Urban Rail Transit Market Size & Forecast, 2017-2031, by Autonomy Level

            8.4.1. GoA-0 (On-sight)

            8.4.2. GoA-1 (Manual)

            8.4.3. GoA-2 (Semi-automatic Train Operation [STO])

            8.4.4. GoA-3 (Driverless Train Operation [DTO])

            8.4.5. GoA-4 (Unattended Train Operation [UTO])

        8.5. Key Country Analysis – North America Urban Rail Transit Market Size & Forecast, 2017-2031

            8.5.1. U. S.

            8.5.2. Canada

            8.5.3. Mexico

    9. Europe Urban Rail Transit Market

        9.1. Market Snapshot

        9.2. Urban Rail Transit Market Size & Forecast, 2017-2031, by Rail Type

            9.2.1. Metro/Subway

            9.2.2. Monorail

            9.2.3. Suburban

            9.2.4. Tram

        9.3. Urban Rail Transit Market Size & Forecast, 2017-2031, by Autonomy

            9.3.1. Manual

            9.3.2. Semi-autonomous

            9.3.3. Fully Autonomous

        9.4. Urban Rail Transit Market Size & Forecast, 2017-2031, by Autonomy Level

            9.4.1. GoA-0 (On-sight)

            9.4.2. GoA-1 (Manual)

            9.4.3. GoA-2 (Semi-automatic Train Operation [STO])

            9.4.4. GoA-3 (Driverless Train Operation [DTO])

            9.4.5. GoA-4 (Unattended Train Operation [UTO])

        9.5. Key Country Analysis - Europe Urban Rail Transit Market Size & Forecast, 2017-2031

            9.5.1. Germany

            9.5.2. U.K.

            9.5.3. France

            9.5.4. Italy

            9.5.5. Spain

            9.5.6. Nordic Countries

            9.5.7. Russia & CIS

            9.5.8. Rest of Europe

    10. Asia Pacific Urban Rail Transit Market

        10.1. Market Snapshot

        10.2. Urban Rail Transit Market Size & Forecast, 2017-2031, by Rail Type

            10.2.1. Metro/Subway

            10.2.2. Monorail

            10.2.3. Suburban

            10.2.4. Tram

        10.3. Urban Rail Transit Market Size & Forecast, 2017-2031, by Autonomy

            10.3.1. Manual

            10.3.2. Semi-autonomous

            10.3.3. Fully Autonomous

        10.4. Urban Rail Transit Market Size & Forecast, 2017-2031, by Autonomy Level

            10.4.1. GoA-0 (On-sight)

            10.4.2. GoA-1 (Manual)

            10.4.3. GoA-2 (Semi-automatic Train Operation [STO])

            10.4.4. GoA-3 (Driverless Train Operation [DTO])

            10.4.5. GoA-4 (Unattended Train Operation [UTO])

        10.5. Key Country Analysis - Asia Pacific Urban Rail Transit Market Size & Forecast, 2017-2031, by Country

            10.5.1. China

            10.5.2. India

            10.5.3. Japan

            10.5.4. ASEAN Countries

            10.5.5. South Korea

            10.5.6. ANZ

            10.5.7. Rest of Asia Pacific

    11. Middle East & Africa Urban Rail Transit Market

        11.1. Market Snapshot

        11.2. Urban Rail Transit Market Size & Forecast, 2017-2031, by Rail Type

            11.2.1. Metro/Subway

            11.2.2. Monorail

            11.2.3. Suburban

            11.2.4. Tram

        11.3. Urban Rail Transit Market Size & Forecast, 2017-2031, by Autonomy

            11.3.1. Manual

            11.3.2. Semi-autonomous

            11.3.3. Fully Autonomous

        11.4. Urban Rail Transit Market Size & Forecast, 2017-2031, by Autonomy Level

            11.4.1. GoA-0 (On-sight)

            11.4.2. GoA-1 (Manual)

            11.4.3. GoA-2 (Semi-automatic Train Operation [STO])

            11.4.4. GoA-3 (Driverless Train Operation [DTO])

            11.4.5. GoA-4 (Unattended Train Operation [UTO])

        11.5. Key Country Analysis - Middle East & Africa Urban Rail Transit Market Size & Forecast, 2017-2031, by Country

            11.5.1. GCC

            11.5.2. South Africa

            11.5.3. Turkey

            11.5.4. Rest of Middle East & Africa

    12. South America Urban Rail Transit Market

        12.1. Market Snapshot

        12.2. Urban Rail Transit Market Size & Forecast, 2017-2031, by Rail Type

            12.2.1. Metro/Subway

            12.2.2. Monorail

            12.2.3. Suburban

            12.2.4. Tram

        12.3. Urban Rail Transit Market Size & Forecast, 2017-2031, by Autonomy

            12.3.1. Manual

            12.3.2. Semi-autonomous

            12.3.3. Fully Autonomous

        12.4. Urban Rail Transit Market Size & Forecast, 2017-2031, by Autonomy Level

            12.4.1. GoA-0 (On-sight)

            12.4.2. GoA-1 (Manual)

            12.4.3. GoA-2 (Semi-automatic Train Operation [STO])

            12.4.4. GoA-3 (Driverless Train Operation [DTO])

            12.4.5. GoA-4 (Unattended Train Operation [UTO])

        12.5. Key Country Analysis - South America Urban Rail Transit Market Size & Forecast, 2017-2031

            12.5.1. Brazil

            12.5.2. Argentina

            12.5.3. Rest of South America

    13. Competitive Landscape

        13.1. Company Share Analysis/ Brand Share Analysis, 2022

        13.2. Key Strategy Analysis

            13.2.1. Strategic Overview - Expansion, M&A, Partnership

            13.2.2. Product & Marketing Strategy

        13.3. Company Analysis for each player (Company Overview, Company Footprints, Production Locations, Product Portfolio, Competitors & Customers, Subsidiaries & Parent Organization, Recent Developments, Financial Analysis, Profitability, Revenue Share)

    14. Company Profile/ Key Players

        14.1. ABB

            14.1.1. Company Overview

            14.1.2. Company Footprints

            14.1.3. Production Locations

            14.1.4. Product Portfolio

            14.1.5. Competitors & Customers

            14.1.6. Subsidiaries & Parent Organization

            14.1.7. Recent Developments

            14.1.8. Financial Analysis

            14.1.9. Profitability

            14.1.10. Revenue Share

        14.2. Alstom S.A.

            14.2.1. Company Overview

            14.2.2. Company Footprints

            14.2.3. Production Locations

            14.2.4. Product Portfolio

            14.2.5. Competitors & Customers

            14.2.6. Subsidiaries & Parent Organization

            14.2.7. Recent Developments

            14.2.8. Financial Analysis

            14.2.9. Profitability

            14.2.10. Revenue Share

        14.3. Beijing Traffic Control Technology Co., Ltd.

            14.3.1. Company Overview

            14.3.2. Company Footprints

            14.3.3. Production Locations

            14.3.4. Product Portfolio

            14.3.5. Competitors & Customers

            14.3.6. Subsidiaries & Parent Organization

            14.3.7. Recent Developments

            14.3.8. Financial Analysis

            14.3.9. Profitability

            14.3.10. Revenue Share

        14.4. Bharat Forge Limited

            14.4.1. Company Overview

            14.4.2. Company Footprints

            14.4.3. Production Locations

            14.4.4. Product Portfolio

            14.4.5. Competitors & Customers

            14.4.6. Subsidiaries & Parent Organization

            14.4.7. Recent Developments

            14.4.8. Financial Analysis

            14.4.9. Profitability

            14.4.10. Revenue Share

        14.5. Bombardier

            14.5.1. Company Overview

            14.5.2. Company Footprints

            14.5.3. Production Locations

            14.5.4. Product Portfolio

            14.5.5. Competitors & Customers

            14.5.6. Subsidiaries & Parent Organization

            14.5.7. Recent Developments

            14.5.8. Financial Analysis

            14.5.9. Profitability

            14.5.10. Revenue Share

        14.6. BYD Auto Co., Ltd.

            14.6.1. Company Overview

            14.6.2. Company Footprints

            14.6.3. Production Locations

            14.6.4. Product Portfolio

            14.6.5. Competitors & Customers

            14.6.6. Subsidiaries & Parent Organization

            14.6.7. Recent Developments

            14.6.8. Financial Analysis

            14.6.9. Profitability

            14.6.10. Revenue Share

        14.7. Construcciones y Auxiliar de Ferrocarriles, S.A.

            14.7.1. Company Overview

            14.7.2. Company Footprints

            14.7.3. Production Locations

            14.7.4. Product Portfolio

            14.7.5. Competitors & Customers

            14.7.6. Subsidiaries & Parent Organization

            14.7.7. Recent Developments

            14.7.8. Financial Analysis

            14.7.9. Profitability

            14.7.10. Revenue Share

        14.8. CRRC Corporation Limited

            14.8.1. Company Overview

            14.8.2. Company Footprints

            14.8.3. Production Locations

            14.8.4. Product Portfolio

            14.8.5. Competitors & Customers

            14.8.6. Subsidiaries & Parent Organization

            14.8.7. Recent Developments

            14.8.8. Financial Analysis

            14.8.9. Profitability

            14.8.10. Revenue Share

        14.9. FTD Fahrzeugtechnik Bahnen Dessau GmbH

            14.9.1. Company Overview

            14.9.2. Company Footprints

            14.9.3. Production Locations

            14.9.4. Product Portfolio

            14.9.5. Competitors & Customers

            14.9.6. Subsidiaries & Parent Organization

            14.9.7. Recent Developments

            14.9.8. Financial Analysis

            14.9.9. Profitability

            14.9.10. Revenue Share

        14.10. General Electric

            14.10.1. Company Overview

            14.10.2. Company Footprints

            14.10.3. Production Locations

            14.10.4. Product Portfolio

            14.10.5. Competitors & Customers

            14.10.6. Subsidiaries & Parent Organization

            14.10.7. Recent Developments

            14.10.8. Financial Analysis

            14.10.9. Profitability

            14.10.10. Revenue Share

        14.11. GHH-BONATRANS

            14.11.1. Company Overview

            14.11.2. Company Footprints

            14.11.3. Production Locations

            14.11.4. Product Portfolio

            14.11.5. Competitors & Customers

            14.11.6. Subsidiaries & Parent Organization

            14.11.7. Recent Developments

            14.11.8. Financial Analysis

            14.11.9. Profitability

            14.11.10. Revenue Share

        14.12. Hitachi Ltd.

            14.12.1. Company Overview

            14.12.2. Company Footprints

            14.12.3. Production Locations

            14.12.4. Product Portfolio

            14.12.5. Competitors & Customers

            14.12.6. Subsidiaries & Parent Organization

            14.12.7. Recent Developments

            14.12.8. Financial Analysis

            14.12.9. Profitability

            14.12.10. Revenue Share

        14.13. Kawasaki Heavy Industries, Ltd.

            14.13.1. Company Overview

            14.13.2. Company Footprints

            14.13.3. Production Locations

            14.13.4. Product Portfolio

            14.13.5. Competitors & Customers

            14.13.6. Subsidiaries & Parent Organization

            14.13.7. Recent Developments

            14.13.8. Financial Analysis

            14.13.9. Profitability

            14.13.10. Revenue Share

        14.14. Kinki Sharyo Co., Ltd.

            14.14.1. Company Overview

            14.14.2. Company Footprints

            14.14.3. Production Locations

            14.14.4. Product Portfolio

            14.14.5. Competitors & Customers

            14.14.6. Subsidiaries & Parent Organization

            14.14.7. Recent Developments

            14.14.8. Financial Analysis

            14.14.9. Profitability

            14.14.10. Revenue Share

        14.15. Knorr-Bremse AG

            14.15.1. Company Overview

            14.15.2. Company Footprints

            14.15.3. Production Locations

            14.15.4. Product Portfolio

            14.15.5. Competitors & Customers

            14.15.6. Subsidiaries & Parent Organization

            14.15.7. Recent Developments

            14.15.8. Financial Analysis

            14.15.9. Profitability

            14.15.10. Revenue Share

        14.16. Larsen & Toubro Limited

            14.16.1. Company Overview

            14.16.2. Company Footprints

            14.16.3. Production Locations

            14.16.4. Product Portfolio

            14.16.5. Competitors & Customers

            14.16.6. Subsidiaries & Parent Organization

            14.16.7. Recent Developments

            14.16.8. Financial Analysis

            14.16.9. Profitability

            14.16.10. Revenue Share

        14.17. Mitsubishi Electric

            14.17.1. Company Overview

            14.17.2. Company Footprints

            14.17.3. Production Locations

            14.17.4. Product Portfolio

            14.17.5. Competitors & Customers

            14.17.6. Subsidiaries & Parent Organization

            14.17.7. Recent Developments

            14.17.8. Financial Analysis

            14.17.9. Profitability

            14.17.10. Revenue Share

        14.18. Samvardhana Motherson

            14.18.1. Company Overview

            14.18.2. Company Footprints

            14.18.3. Production Locations

            14.18.4. Product Portfolio

            14.18.5. Competitors & Customers

            14.18.6. Subsidiaries & Parent Organization

            14.18.7. Recent Developments

            14.18.8. Financial Analysis

            14.18.9. Profitability

            14.18.10. Revenue Share

        14.19. Niigata Transys Co., Ltd.

            14.19.1. Company Overview

            14.19.2. Company Footprints

            14.19.3. Production Locations

            14.19.4. Product Portfolio

            14.19.5. Competitors & Customers

            14.19.6. Subsidiaries & Parent Organization

            14.19.7. Recent Developments

            14.19.8. Financial Analysis

            14.19.9. Profitability

            14.19.10. Revenue Share

        14.20. Robert Bosch GmbH

            14.20.1. Company Overview

            14.20.2. Company Footprints

            14.20.3. Production Locations

            14.20.4. Product Portfolio

            14.20.5. Competitors & Customers

            14.20.6. Subsidiaries & Parent Organization

            14.20.7. Recent Developments

            14.20.8. Financial Analysis

            14.20.9. Profitability

            14.20.10. Revenue Share

        14.21. Siemens

            14.21.1. Company Overview

            14.21.2. Company Footprints

            14.21.3. Production Locations

            14.21.4. Product Portfolio

            14.21.5. Competitors & Customers

            14.21.6. Subsidiaries & Parent Organization

            14.21.7. Recent Developments

            14.21.8. Financial Analysis

            14.21.9. Profitability

            14.21.10. Revenue Share

        14.22. Skoda Transportation AS

            14.22.1. Company Overview

            14.22.2. Company Footprints

            14.22.3. Production Locations

            14.22.4. Product Portfolio

            14.22.5. Competitors & Customers

            14.22.6. Subsidiaries & Parent Organization

            14.22.7. Recent Developments

            14.22.8. Financial Analysis

            14.22.9. Profitability

            14.22.10. Revenue Share

        14.23. Thales Group

            14.23.1. Company Overview

            14.23.2. Company Footprints

            14.23.3. Production Locations

            14.23.4. Product Portfolio

            14.23.5. Competitors & Customers

            14.23.6. Subsidiaries & Parent Organization

            14.23.7. Recent Developments

            14.23.8. Financial Analysis

            14.23.9. Profitability

            14.23.10. Revenue Share

        14.24. The Greenbrier Companies Inc.

            14.24.1. Company Overview

            14.24.2. Company Footprints

            14.24.3. Production Locations

            14.24.4. Product Portfolio

            14.24.5. Competitors & Customers

            14.24.6. Subsidiaries & Parent Organization

            14.24.7. Recent Developments

            14.24.8. Financial Analysis

            14.24.9. Profitability

            14.24.10. Revenue Share

        14.25. Wabtec Corporation

            14.25.1. Company Overview

            14.25.2. Company Footprints

            14.25.3. Production Locations

            14.25.4. Product Portfolio

            14.25.5. Competitors & Customers

            14.25.6. Subsidiaries & Parent Organization

            14.25.7. Recent Developments

            14.25.8. Financial Analysis

            14.25.9. Profitability

            14.25.10. Revenue Share

        14.26. Others

            14.26.1. Company Overview

            14.26.2. Company Footprints

            14.26.3. Production Locations

            14.26.4. Product Portfolio

            14.26.5. Competitors & Customers

            14.26.6. Subsidiaries & Parent Organization

            14.26.7. Recent Developments

            14.26.8. Financial Analysis

            14.26.9. Profitability

            14.26.10. Revenue Share

    List of Tables

    Table 1: Global Urban Rail Transit Market Volume (Kms) Forecast, by Rail Type, 2017-2031

    Table 2: Global Urban Rail Transit Market Value (US$ Bn) Forecast, by Rail Type, 2017-2031

    Table 3: Global Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy, 2017-2031

    Table 4: Global Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy, 2017-2031

    Table 5: Global Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy Level, 2017-2031

    Table 6: Global Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy Level, 2017-2031

    Table 7: Global Urban Rail Transit Market Volume (Kms) Forecast, by Region, 2017-2031

    Table 8: Global Urban Rail Transit Market Value (US$ Bn) Forecast, by Region, 2017-2031

    Table 9: North America Urban Rail Transit Market Volume (Kms) Forecast, by Rail Type, 2017-2031

    Table 10: North America Urban Rail Transit Market Value (US$ Bn) Forecast, by Rail Type, 2017-2031

    Table 11: North America Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy, 2017-2031

    Table 12: North America Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy, 2017-2031

    Table 13: North America Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy Level, 2017-2031

    Table 14: North America Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy Level, 2017-2031

    Table 15: North America Urban Rail Transit Market Volume (Kms) Forecast, by Country, 2017-2031

    Table 16: North America Urban Rail Transit Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Table 17: Europe Urban Rail Transit Market Volume (Kms) Forecast, by Rail Type, 2017-2031

    Table 18: Europe Urban Rail Transit Market Value (US$ Bn) Forecast, by Rail Type, 2017-2031

    Table 19: Europe Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy, 2017-2031

    Table 20: Europe Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy, 2017-2031

    Table 21: Europe Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy Level, 2017-2031

    Table 22: Europe Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy Level, 2017-2031

    Table 23: Europe Urban Rail Transit Market Volume (Kms) Forecast, by Country, 2017-2031

    Table 24: Europe Urban Rail Transit Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Table 25: Asia Pacific Urban Rail Transit Market Volume (Kms) Forecast, by Rail Type, 2017-2031

    Table 26: Asia Pacific Urban Rail Transit Market Value (US$ Bn) Forecast, by Rail Type, 2017-2031

    Table 27: Asia Pacific Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy, 2017-2031

    Table 28: Asia Pacific Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy, 2017-2031

    Table 29: Asia Pacific Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy Level, 2017-2031

    Table 30: Asia Pacific Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy Level, 2017-2031

    Table 31: Asia Pacific Urban Rail Transit Market Volume (Kms) Forecast, by Country, 2017-2031

    Table 32: Asia Pacific Urban Rail Transit Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Table 33: Middle East & Africa Urban Rail Transit Market Volume (Kms) Forecast, by Rail Type, 2017-2031

    Table 34: Middle East & Africa Urban Rail Transit Market Value (US$ Bn) Forecast, by Rail Type, 2017-2031

    Table 35: Middle East & Africa Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy, 2017-2031

    Table 36: Middle East & Africa Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy, 2017-2031

    Table 37: Middle East & Africa Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy Level, 2017-2031

    Table 38: Middle East & Africa Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy Level, 2017-2031

    Table 39: Middle East & Africa Urban Rail Transit Market Volume (Kms) Forecast, by Country, 2017-2031

    Table 40: Middle East & Africa Urban Rail Transit Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Table 41: South America Urban Rail Transit Market Volume (Kms) Forecast, by Rail Type, 2017-2031

    Table 42: South America Urban Rail Transit Market Value (US$ Bn) Forecast, by Rail Type, 2017-2031

    Table 43: South America Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy, 2017-2031

    Table 44: South America Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy, 2017-2031

    Table 45: South America Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy Level, 2017-2031

    Table 46: South America Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy Level, 2017-2031

    Table 47: South America Urban Rail Transit Market Volume (Kms) Forecast, by Country, 2017-2031

    Table 48: South America Urban Rail Transit Market Value (US$ Bn) Forecast, by Country, 2017-2031

    List of Figures

    Figure 1: Global Urban Rail Transit Market Volume (Kms) Forecast, by Rail Type, 2017-2031

    Figure 2: Global Urban Rail Transit Market Value (US$ Bn) Forecast, by Rail Type, 2017-2031

    Figure 3: Global Urban Rail Transit Market, Incremental Opportunity, by Rail Type, Value (US$ Bn), 2023-2031

    Figure 4: Global Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy, 2017-2031

    Figure 5: Global Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy, 2017-2031

    Figure 6: Global Urban Rail Transit Market, Incremental Opportunity, by Autonomy, Value (US$ Bn), 2023-2031

    Figure 7: Global Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy Level, 2017-2031

    Figure 8: Global Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy Level, 2017-2031

    Figure 9: Global Urban Rail Transit Market, Incremental Opportunity, by Autonomy Level, Value (US$ Bn), 2023-2031

    Figure 10: Global Urban Rail Transit Market Volume (Kms) Forecast, by Region, 2017-2031

    Figure 11: Global Urban Rail Transit Market Value (US$ Bn) Forecast, by Region, 2017-2031

    Figure 12: Global Urban Rail Transit Market, Incremental Opportunity, by Region, Value (US$ Bn), 2023-2031

    Figure 13: North America Urban Rail Transit Market Volume (Kms) Forecast, by Rail Type, 2017-2031

    Figure 14: North America Urban Rail Transit Market Value (US$ Bn) Forecast, by Rail Type, 2017-2031

    Figure 15: North America Urban Rail Transit Market, Incremental Opportunity, by Rail Type, Value (US$ Bn), 2023-2031

    Figure 16: North America Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy, 2017-2031

    Figure 17: North America Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy, 2017-2031

    Figure 18: North America Urban Rail Transit Market, Incremental Opportunity, by Autonomy, Value (US$ Bn), 2023-2031

    Figure 19: North America Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy Level, 2017-2031

    Figure 20: North America Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy Level, 2017-2031

    Figure 21: North America Urban Rail Transit Market, Incremental Opportunity, by Autonomy Level, Value (US$ Bn), 2023-2031

    Figure 22: North America Urban Rail Transit Market Volume (Kms) Forecast, by Country, 2017-2031

    Figure 23: North America Urban Rail Transit Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Figure 24: North America Urban Rail Transit Market, Incremental Opportunity, by Country, Value (US$ Bn), 2023-2031

    Figure 25: Europe Urban Rail Transit Market Volume (Kms) Forecast, by Rail Type, 2017-2031

    Figure 26: Europe Urban Rail Transit Market Value (US$ Bn) Forecast, by Rail Type, 2017-2031

    Figure 27: Europe Urban Rail Transit Market, Incremental Opportunity, by Rail Type, Value (US$ Bn), 2023-2031

    Figure 28: Europe Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy, 2017-2031

    Figure 29: Europe Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy, 2017-2031

    Figure 30: Europe Urban Rail Transit Market, Incremental Opportunity, by Autonomy, Value (US$ Bn), 2023-2031

    Figure 31: Europe Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy Level, 2017-2031

    Figure 32: Europe Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy Level, 2017-2031

    Figure 33: Europe Urban Rail Transit Market, Incremental Opportunity, by Autonomy Level, Value (US$ Bn), 2023-2031

    Figure 34: Europe Urban Rail Transit Market Volume (Kms) Forecast, by Country, 2017-2031

    Figure 35: Europe Urban Rail Transit Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Figure 36: Europe Urban Rail Transit Market, Incremental Opportunity, by Country, Value (US$ Bn), 2023-2031

    Figure 37: Asia Pacific Urban Rail Transit Market Volume (Kms) Forecast, by Rail Type, 2017-2031

    Figure 38: Asia Pacific Urban Rail Transit Market Value (US$ Bn) Forecast, by Rail Type, 2017-2031

    Figure 39: Asia Pacific Urban Rail Transit Market, Incremental Opportunity, by Rail Type, Value (US$ Bn), 2023-2031

    Figure 40: Asia Pacific Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy, 2017-2031

    Figure 41: Asia Pacific Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy, 2017-2031

    Figure 42: Asia Pacific Urban Rail Transit Market, Incremental Opportunity, by Autonomy, Value (US$ Bn), 2023-2031

    Figure 43: Asia Pacific Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy Level, 2017-2031

    Figure 44: Asia Pacific Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy Level, 2017-2031

    Figure 45: Asia Pacific Urban Rail Transit Market, Incremental Opportunity, by Autonomy Level, Value (US$ Bn), 2023-2031

    Figure 46: Asia Pacific Urban Rail Transit Market Volume (Kms) Forecast, by Country, 2017-2031

    Figure 47: Asia Pacific Urban Rail Transit Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Figure 48: Asia Pacific Urban Rail Transit Market, Incremental Opportunity, by Country, Value (US$ Bn), 2023-2031

    Figure 49: Middle East & Africa Urban Rail Transit Market Volume (Kms) Forecast, by Rail Type, 2017-2031

    Figure 50: Middle East & Africa Urban Rail Transit Market Value (US$ Bn) Forecast, by Rail Type, 2017-2031

    Figure 51: Middle East & Africa Urban Rail Transit Market, Incremental Opportunity, by Rail Type, Value (US$ Bn), 2023-2031

    Figure 52: Middle East & Africa Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy, 2017-2031

    Figure 53: Middle East & Africa Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy, 2017-2031

    Figure 54: Middle East & Africa Urban Rail Transit Market, Incremental Opportunity, by Autonomy, Value (US$ Bn), 2023-2031

    Figure 55: Middle East & Africa Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy Level, 2017-2031

    Figure 56: Middle East & Africa Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy Level, 2017-2031

    Figure 57: Middle East & Africa Urban Rail Transit Market, Incremental Opportunity, by Autonomy Level, Value (US$ Bn), 2023-2031

    Figure 58: Middle East & Africa Urban Rail Transit Market Volume (Kms) Forecast, by Country, 2017-2031

    Figure 59: Middle East & Africa Urban Rail Transit Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Figure 60: Middle East & Africa Urban Rail Transit Market, Incremental Opportunity, by Country, Value (US$ Bn), 2023-2031

    Figure 61: South America Urban Rail Transit Market Volume (Kms) Forecast, by Rail Type, 2017-2031

    Figure 62: South America Urban Rail Transit Market Value (US$ Bn) Forecast, by Rail Type, 2017-2031

    Figure 63: South America Urban Rail Transit Market, Incremental Opportunity, by Rail Type, Value (US$ Bn), 2023-2031

    Figure 64: South America Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy, 2017-2031

    Figure 65: South America Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy, 2017-2031

    Figure 66: South America Urban Rail Transit Market, Incremental Opportunity, by Autonomy, Value (US$ Bn), 2023-2031

    Figure 67: South America Urban Rail Transit Market Volume (Kms) Forecast, by Autonomy Level, 2017-2031

    Figure 68: South America Urban Rail Transit Market Value (US$ Bn) Forecast, by Autonomy Level, 2017-2031

    Figure 69: South America Urban Rail Transit Market, Incremental Opportunity, by Autonomy Level, Value (US$ Bn), 2023-2031

    Figure 70: South America Urban Rail Transit Market Volume (Kms) Forecast, by Country, 2017-2031

    Figure 71: South America Urban Rail Transit Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Figure 72: South America Urban Rail Transit Market, Incremental Opportunity, by Country, Value (US$ Bn), 2023-2031

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