Urban Rail Transit Market in Railroads Industry|COVID-19 Impact and Analysis|Technavio

NEW YORK, July 20, 2021 /PRNewswire/ -- "Growing urbanization and need for sustainability and surge in investments for rail projects will further boost market growth during the forecast period", says a senior analyst at Technavio.

Technavio has announced its latest market research report titled Urban Rail Transit Market by Type and Geography - Forecast and Analysis 2020-2024

Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. COVID-19 will have at Par impact on the urban rail transit market. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021.

The urban rail transit market in the railroads industry is expected to grow by USD 16.83 million, progressing at a CAGR of about 6% during 2020-2024, as per the new report from Technavio. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Urban Rail Transit Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist urban rail transit market growth during the next five years
  • Estimation of the urban rail transit market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the urban rail transit market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of urban rail transit market vendors

Urban Rail Transit Market 2020-2024: Vendor Analysis and Scope
To help businesses improve their market position, Technavio provides a detailed analysis of around 25 vendors operating in the urban rail transit market. Alstom Holdings SA, Bombardier Inc., Construcciones y Auxiliar de Ferrocarriles SA, CRRC Corp. Ltd., Hitachi Construction Machinery Co. Ltd., Mitsubishi Heavy Industries Ltd., Motherson Sumi Systems Ltd., Siemens AG, SKODA TRANSPORTATION AS, and The Greenbrier Companies Inc. are some of the major market participants.

  • Urban Rail Transit Market Size
  • Urban Rail Transit Market Trends
  • Urban Rail Transit Market Industry Analysis

This study identifies the surge in investments for rail projects as one of the prime reasons driving the Urban Rail Transit Market growth during the next few years.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR45725

Reasons to Buy the Report:

  • Leverage latest data mapping the technological advancements
  • Find deeper market insights and forecast information about current market developments.
  • Explore insights on key market accelerating factors.
  • Identify potential threats to market growth.
  • Understand the impact of trends likely to influence market growth positively or negatively.

Key Topics Covered:

  • Executive Summary
  • Market Landscape
  • Market Sizing
  • Five Forces Analysis
  • Market Segmentation by Type
  • Market Segmentation by Geography
  • Customer landscape
  • Geographic Landscape
  • Vendor Landscape
  • Vendor Analysis
  • Appendix

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About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Report link: https://www.technavio.com/report/urban-rail-transit-market-industry-analysis

Technavio (PRNewsfoto/Technavio)

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