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United States passenger rail market totalled US$22.7Bn in 2013

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Passenger Rail in the United States - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-03 14:38:05
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 US passenger rail sector is expected to generate total revenues of $22.7bn in 2013, representing a compound annual growth rate (CAGR) of 4.7% between 2009 and 2013.

Sector consumption volume is forecast to increase with a CAGR of 1.2% between 2009 and 2013, to reach a total of 57.2 billion PKM in 2013.

The performance of the sector is forecast to accelerate, with an anticipated CAGR of 7.2% for the five-year period 2013 - 2018, which is expected to drive the sector to a value of $32.1bn by the end of 2018.

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