Product Code: A08779
Bullet trains are operating more quickly than traditional rail transportation and offers a higher level of speed than a regular train. These trains run on standard gauge lines, which allows them to travel a long distance more quickly and affordably. The increase in demand for bullet trains is primarily due to this. It is anticipated that an increase in infrastructural facilities and demand for high-speed bullet trains will lessen traffic congestion and travel times while facilitating quick and comfortable transportation.
Moreover, proficiency of customers to reduce journey time & cost and government initiative to improve rail facilities positively impact the growth of the high-speed rail market. High operating costs and high capital investment hamper the growth of the market. Furthermore, improving infrastructure and comfort in transport provide lucrative opportunities for the growth of the bullet trains market.
The bullet train market is segmented on the basis of speed, propulsion, component, and region. By speed, it is divided into 200-299 km/h, 300-399 km/h, 400-499 km/h, and above 500 km/h. By propulsion, it is classified into diesel, electric, and dual power. By component, it is categorized into axle, wheelset, converter, transformer, traction motor, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and MEA.
ABB Ltd., Alstom SA, Siemens AG, Thales Group, Construcciones y Auxiliar de Ferrocarriles, S.A., CRRC Corporation Limited, Hitachi Ltd., Kawasaki Rail Car, Inc., Mitsubishi Heavy Industries Ltd., and Caterpillar Inc. are some of the significant businesses profiled in the bullet train market share.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the bullet train market analysis from 2021 to 2031 to identify the prevailing bullet train market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the bullet train market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global bullet train market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Speed
- 200-299 km/h
- 300-399 km/h
- 400-499 km/h
- Above 500 km/h
By Propulsion
- Diesel
- Electric
- Dual Power
By Component
- Axle
- Wheelset
- Converter
- Transformer
- Traction Motor
- Others
By Region
- North America
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- Rest of Asia-Pacific
- Middle East and Africa
Key Market Players
- ABB Ltd.
- Siemens AG
- Hitachi Ltd.
- CRRC CORPORATION LIMITED
- Kawasaki Rail Car, Inc.
- Mitsubishi Heavy Industries Ltd.
- Caterpillar Inc.
- Alstom SA
- Thales Group
- CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES, SA
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Low-to-moderate bargaining power of suppliers
- 3.3.2. Low-to-moderate bargaining power of buyers
- 3.3.3. Low-to-moderate threat of substitutes
- 3.3.4. Moderate-to-high threat of new entrants
- 3.3.5. Moderate-to-high intensity of rivalry
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Increase in demand for passenger and freight capacity
- 3.4.1.2. Increase in government spending on construction of railway projects
- 3.4.1.3. Surge in demand for secure, safer, and efficient transport system
- 3.4.2. Restraints
- 3.4.2.1. Lack of skilled staff and lack of reimbursement in developing countries
- 3.4.2.2. Lack of technology infrastructure and consistency in developing countries
- 3.4.3. Opportunities
- 3.4.3.1. Improvement in railway infrastructure in developing countries
- 3.4.3.2. Technological advancements in bullet trains by manufacturers
- 3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: BULLET TRAIN MARKET, BY SPEED
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. 200-299 km/h
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. 300-399 km/h
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. 400-499 km/h
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Above 500 km/h
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
CHAPTER 5: BULLET TRAIN MARKET, BY PROPULSION
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Diesel
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Electric
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Dual Power
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
CHAPTER 6: BULLET TRAIN MARKET, BY COMPONENT
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Axle
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Wheelset
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Converter
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Transformer
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
- 6.6. Traction Motor
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by region
- 6.6.3. Market share analysis by country
- 6.7. Others
- 6.7.1. Key market trends, growth factors and opportunities
- 6.7.2. Market size and forecast, by region
- 6.7.3. Market share analysis by country
CHAPTER 7: BULLET TRAIN MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key trends and opportunities
- 7.2.2. Market size and forecast, by Speed
- 7.2.3. Market size and forecast, by Propulsion
- 7.2.4. Market size and forecast, by Component
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Key market trends, growth factors and opportunities
- 7.2.5.1.2. Market size and forecast, by Speed
- 7.2.5.1.3. Market size and forecast, by Propulsion
- 7.2.5.1.4. Market size and forecast, by Component
- 7.3. Europe
- 7.3.1. Key trends and opportunities
- 7.3.2. Market size and forecast, by Speed
- 7.3.3. Market size and forecast, by Propulsion
- 7.3.4. Market size and forecast, by Component
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. UK
- 7.3.5.1.1. Key market trends, growth factors and opportunities
- 7.3.5.1.2. Market size and forecast, by Speed
- 7.3.5.1.3. Market size and forecast, by Propulsion
- 7.3.5.1.4. Market size and forecast, by Component
- 7.3.5.2. Germany
- 7.3.5.2.1. Key market trends, growth factors and opportunities
- 7.3.5.2.2. Market size and forecast, by Speed
- 7.3.5.2.3. Market size and forecast, by Propulsion
- 7.3.5.2.4. Market size and forecast, by Component
- 7.3.5.3. France
- 7.3.5.3.1. Key market trends, growth factors and opportunities
- 7.3.5.3.2. Market size and forecast, by Speed
- 7.3.5.3.3. Market size and forecast, by Propulsion
- 7.3.5.3.4. Market size and forecast, by Component
- 7.3.5.4. Spain
- 7.3.5.4.1. Key market trends, growth factors and opportunities
- 7.3.5.4.2. Market size and forecast, by Speed
- 7.3.5.4.3. Market size and forecast, by Propulsion
- 7.3.5.4.4. Market size and forecast, by Component
- 7.3.5.5. Italy
- 7.3.5.5.1. Key market trends, growth factors and opportunities
- 7.3.5.5.2. Market size and forecast, by Speed
- 7.3.5.5.3. Market size and forecast, by Propulsion
- 7.3.5.5.4. Market size and forecast, by Component
- 7.3.5.6. Rest of Europe
- 7.3.5.6.1. Key market trends, growth factors and opportunities
- 7.3.5.6.2. Market size and forecast, by Speed
- 7.3.5.6.3. Market size and forecast, by Propulsion
- 7.3.5.6.4. Market size and forecast, by Component
- 7.4. Asia-Pacific
- 7.4.1. Key trends and opportunities
- 7.4.2. Market size and forecast, by Speed
- 7.4.3. Market size and forecast, by Propulsion
- 7.4.4. Market size and forecast, by Component
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Key market trends, growth factors and opportunities
- 7.4.5.1.2. Market size and forecast, by Speed
- 7.4.5.1.3. Market size and forecast, by Propulsion
- 7.4.5.1.4. Market size and forecast, by Component
- 7.4.5.2. Japan
- 7.4.5.2.1. Key market trends, growth factors and opportunities
- 7.4.5.2.2. Market size and forecast, by Speed
- 7.4.5.2.3. Market size and forecast, by Propulsion
- 7.4.5.2.4. Market size and forecast, by Component
- 7.4.5.3. Rest of Asia-Pacific
- 7.4.5.3.1. Key market trends, growth factors and opportunities
- 7.4.5.3.2. Market size and forecast, by Speed
- 7.4.5.3.3. Market size and forecast, by Propulsion
- 7.4.5.3.4. Market size and forecast, by Component
- 7.5. Middle East and Africa
- 7.5.1. Key trends and opportunities
- 7.5.2. Market size and forecast, by Speed
- 7.5.3. Market size and forecast, by Propulsion
- 7.5.4. Market size and forecast, by Component
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Middle East
- 7.5.5.1.1. Key market trends, growth factors and opportunities
- 7.5.5.1.2. Market size and forecast, by Speed
- 7.5.5.1.3. Market size and forecast, by Propulsion
- 7.5.5.1.4. Market size and forecast, by Component
- 7.5.5.2. Africa
- 7.5.5.2.1. Key market trends, growth factors and opportunities
- 7.5.5.2.2. Market size and forecast, by Speed
- 7.5.5.2.3. Market size and forecast, by Propulsion
- 7.5.5.2.4. Market size and forecast, by Component
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
- 9.1. ABB Ltd.
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
- 9.2. Alstom SA
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
- 9.3. Siemens AG
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
- 9.4. Thales Group
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
- 9.5. Hitachi Ltd.
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
- 9.6. CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES, SA
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.7. CRRC CORPORATION LIMITED
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.7.7. Key strategic moves and developments
- 9.8. Kawasaki Rail Car, Inc.
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.9. Mitsubishi Heavy Industries Ltd.
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.10. Caterpillar Inc.
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance