Rail industry - Statistics & Facts

Rail industry - Statistics & Facts

Statistics and facts about the rail industry

The average annual market volume of railway technology in North America is forecasted to be around 26.5 billion British pounds by 2019. Asia will be the region with the highest market volume, followed by Western Europe. The compound annual growth rate of the North American railway technology market is five percent between 2010 and 2015.

In 2013, leading railway vehicle manufacturer based on revenue was CNR Corporation. China CNR Corporation Limited is a state-owned enterprise headquartered in Beijing, which generated some 14 billion U.S. dollars in revenue in 2011. That year, Germany's Siemens raked in just under eight billion U.S. dollars. The company is increasing its efforts to push past its Chinese rivals. In North America, one of the leading railroad company based on revenue was Union Pacific. In 2015, the company generated close to 22 billion U.S. dollars in revenue.

U.S. railroads are divided into Class I railroads and other railroads. Between 1995 and 2010, the number of Class I railroads declined from 11 to 7 railroads. The number of other railroads increased to 560 in 2011.

Photo: istockphoto.com / scanrail

Show more   

Embed Top Facts

Recommended statistics about “Rail industry”
Recommended Studies
  • The complete topic in one convenient package
  • Instant access and download
  • Great time-saver
Recent "Rail industry" Infographic
Rail industry Infographic - Fatal Train Crashes Are Rarer in the US than in the EU
You may also be interested in...