Global Railroad Market Size & Outlook, 2025-2030
Global railroad market, 2018-2030 (US$M)
Related Markets
Global railroad market highlights
- The global railroad market generated a revenue of USD 245,374.2 million in 2024 and is expected to reach USD 343,245.3 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5.6% by 2030.
- In terms of segment, passenger rail accounted for a revenue of USD 156,025.0 million in 2024.
- Passenger Rail is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, Japan is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 245,374.2 million |
| Market revenue in 2030 | USD 343,245.3 million |
| Growth rate | 5.6% (CAGR from 2025 to 2030) |
| Largest segment | Passenger rail |
| Fastest growing segment | Passenger Rail |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Passenger Rail, Rail Freight |
Other key industry trends
- In terms of revenue, the North America accounted for 38.4% of the global railroad market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Japan is the fastest growing regional market and is projected to reach USD 19,460.1 million by 2030.
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Railroad Market Scope
Railroad Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Canadian Pacific Railway | View profile | 10001+ | Winnipeg, Manitoba, Canada, North America | https://www.cpr.ca |
| Central Japan Railway Company | View profile | 10001+ | Nagoya, Aichi, Japan, Asia | http://english.jr-central.co.jp |
| Russian Railways | View profile | 10001+ | Moscow, Moscow City, Russian Federation, Europe | http://rzd.ru/ |
| BNSF Railway Company | View profile | 10001+ | Fort Worth, Texas, United States, North America | http://www.bnsf.com/ |
| Deutsche Bahn | View profile | 10001+ | Frankfurt, Hessen, Germany, Europe | http://www.bahn.de |
| SNCF | View profile | 10001+ | Saint-denis, Ile-de-France, France, Europe | https://www.sncf.com |
| Indian Railways | View profile | 1001-5000 | New Delhi, Delhi, India, Asia | http://www.indianrail.gov.in/enquiry/StaticPages/StaticEnquiry.jsp?StaticPage=index.html |
| CSX | View profile | 1-10 | Auckland, Auckland, New Zealand, Oceania | https://csx.co.nz/ |
| Union Pacific Corporation | View profile | 10001+ | Omaha, Nebraska, United States, North America | http://www.up.com/ |
Global railroad market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to railroad market will help companies and investors design strategic landscapes.
Passenger rail was the largest segment with a revenue share of 63.59% in 2024. Horizon Databook has segmented the Global railroad market based on passenger rail, rail freight covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Railroad Type Outlook (Revenue, USD Million, 2018-2030)
- Passenger Rail
- Rail Freight
- Global Railroad End Use Outlook (Revenue, USD Million, 2018-2030)
- Mining
- Construction
- Agriculture
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global railroad market , including forecasts for subscribers. This global databook contains high-level insights into Global railroad market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global railroad market size, by regions, 2018-2030 (US$M)
Top 10 countries: Railroad market size, 2024 (US$M)
Global railroad market share, by type, 2024 & 2030 (%, US$M)
Railroad market: Opportunity assessment by country
Global railroad market, by region, 2024 (US$M)
Related statistics
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