Market Share & Future Growth with Forecast of Global Bullet Train/High-Speed Rail Market | Ozone Market Reports
Ozone Market Reports projects that the Bullet Train/High-Speed Rail market size will grow from in 2017 to by 2023, at an estimated CAGR of . The base year considered for the study is 2017, and the market size is projected from 2018 to 2023. The key growth driver for the bullet train/high-speed rail market is the rising need for mass public transit to reduce traffic congestion and journey time. The segment is anticipated to grow at a rapid pace due to its energy-efficient operation with high operating speed for high-speed trains. Also, the government authorities of various countries are encouraging energy-efficient transporting modes which in turn boosting the growth of the electric propulsion segment of the market. By Market Players: Bombardier , Alstom , Siemens , Hitachi , ABB , CRRC , Talgo , Kawasaki , Toshiba , Mitsubishi , CAF , Strukton, By Propulsion Diesel, Electric, Dual Power, By Speed 200–299 km/h, 300–399 km/h, 400–4...