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Passenger Rail in Canada

Canada passenger rail market revenue totalled US$0.5Bn in 2013


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2014-04-03 14:40:02 - Passenger Rail in Canada - a new market research report on companiesandmarkets.com

The passenger rail sector consists of all passenger transport by ´heavy rail´ services, including international, inter-city, regional, and suburban trains (""Commuter trains"" in US terminology are included). However, light rail, tram/streetcar, Metro/Subway, and similar trains are not included. Sector volumes are given in passenger-kilometers (PKM) and international traffic is counted in the country of origin. Sector values in the report consist of revenues generated by operating companies through ticket sales, and so exclude state subsidies. All currency conversions used in the creation of the report have been calculated using constant 2012 annual average exchange rates.

The Canadian passenger rail sector is expected to generate total revenues of $0.5bn in 2013, representing a compound annual growth rate (CAGR) of 0.2% between 2009

 

 

and 2013.

Sector consumption volume is forecast to decline with a compound annual rate of change (CARC) of -0.3% between 2009 and 2013, to reach a total of 1.5 billion PKM in 2013.

The performance of the sector is forecast to accelerate, with an anticipated CAGR of 4.8% for the five-year period 2013 - 2018, which is expected to drive the sector to a value of $0.7bn by the end of 2018.

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