Bullet Train and High-Speed Rail Market Synopsis

Bullet Train and High-Speed Rail Market Size Was Valued at USD 48.0 Billion in 2023 and is Projected to Reach USD 83.2 Billion by 2032, Growing at a CAGR of 6.3% From 2024-2032.

The global market of bullet trains and high-speed trains is showing significant growth due to the increasing demand for green and sustainable modes of transport. Environmental issues, increased urban sprawl, and strained roadways are driving governments around the globe to make high-speed rail a priority Asia Pacific is the market leader with China, operating the world's largest high-speed rail network to date. Europe closely follows, with countries such as Spain, France, and Germany firmly establishing their institutions. The market is being driven by more achievements when it comes to high speed and safety standards as a result of technological advancements like maglev trains and state-of-the-art signaling systems. Research and Development investments are also on the rise to deal with challenges such as increasing passenger comfort and lowering operational costs. Efforts to establish communication channels between cities and regions far away are associating the bullet train and high-speed rail sectors with sustainable growth prospects in the next years, they become alternative, easy, and environmentally friendly transportation modes.

• The need for fast rail transport has been showing a growing trend due to its efficiency, velocity, and ecological advantages over air travel and conventional rail. By building up the high-speed rail networks, countries try to fulfill the need for transportation means that are fast and carbon-free at the same time.
• Some companies that are at the forefront are the production and construction of high-speed trains and related infrastructure. Companies like Siemens Mobility, Alstom, CRRC Corporation Limited, Bombardier Transportation, and Kawasaki Heavy Industries are all major players in this market. These companies generate these products through the processes of designing, manufacturing, and supplying high-speed trains and providing maintenance and infrastructure solutions.
• The development of this market is linked to several elements including urbanization, population increase, congestion upon existing transportation facilities, environmental concerns, and the support of sustainable transportation by the government. High-speed rail ensures the comfort and speedy movement of people as well as cargo on the rails, cutting down on travel time and also carbon emissions.
• Technological developments have had a great impact on the development of high-speed rails. Innovations in train design, signaling systems, track infrastructure, and propulsion systems have provided for higher-speed trains, enhanced safety, and lower operating costs. Moreover, research is ongoing to advance high-speed trains of the next generation which are much faster and more energy efficient.

Bullet Train and High-Speed Rail Market Trend Analysis

Increased use of mass rapid transit, such as a high-speed train network, would reduce traffic congestion and trip times. 

• Cities all over the world now face rising traffic problems due to their growing urbane populations. High-speed tram networks provide an option that is low-carbon, time-saving, and eco-friendly. By sending a big share of travelers from roads to rails, these systems manage the traffic on highways and in city streets, therefore, making the general traffic flow better.
• Fast trains take less time to cover the distance between cities than conventional rail or road transport. For instance, an hour-long trip by car can be accomplished in a small fraction of the time if it is taken by high-speed rail. This slashing of travel time not only brings convenience to the passenger but also boosts economic productivity by allowing faster business travel and more movement of freight.
• High-speed trains with advanced mass rapid transit systems contribute to the sustainability of the environment by cutting down the greenhouse gas emissions caused by travel by cars and air transport. Not only does high-speed rail offer an efficient energy-saving transportation option, but it also plays a vital role in air pollution and fossil fuel consumption reduction towards reaching global climate change targets.
• A large number of governments are actively participating in the construction and expansion of high-speed rail systems as part of the long-term transportation strategies of their countries. These investments usually strongly depend on public-private partnerships and major infrastructure projects that intend to transform rail systems and connect large urban centers.

Growing Demand for Faster Travel and Time Savings

• Rapid urbanization and settlement of people in urban areas have exacted a high demand for transport systems that are reliable and efficient. At the same time, most major travelers prefer this option by providing quick links between urban centers of the country, making traveling time shorter and strengthening connectivity among regions.
• Along with the higher quality of life of the commuters and travelers, faster travel which is provided by the high-speed trains yields economic benefits, as well. Business travelers can conduct various meetings and transactions within a shorter period; hence, productivity and economic growth are enhanced. Furthermore, high-speed rail corridors encourage regional growth by promoting the movement of goods and people, bringing in investments, and unleashing economic energy along their tracks.
• Fast trains become a competitor of air travel in short- to medium-distance trips, demonstrating a convenient and eco-friendly substitute. With the high-speed rail, travelers no longer have to worry about long check-in procedures, queues at the security posts, and airport transfers, therefore, they can always enjoy a hassle-free process and no intermediate stops required. This competitive power brings high-speed rail as the best transport option for people who prefer efficient and environmentally friendly transportation means.
• The governments across the world acknowledge the advantages of the high-speed rail system as a sustainable mobility solution and a solution for their transport challenges. Consequently, many nations are preoccupied with the building and expansion of high-speed rail systems using public-private partnerships and infrastructure schemes. Support from the government, along with technological and financial innovations, drives this market of bullet trains and high-speed rail.

Bullet Train and High-Speed Rail Market Segment Analysis:

Bullet Train and High-Speed Rail Market Segmented based on Propulsion, Speed, and Component

By Propulsion, the Diesel segment is expected to dominate the market during the forecast period

• The bullet trains and the high-speed rails possess varying propulsion systems – diesel, electric, and dual power. The dominant part of the market is held by electric propulsion thanks to its environmental friendliness, efficiency, and speed.
• The electric high-speed rail is powered from overhead catenaries or third rails which provides a constant acceleration and less carbon emissions. Diesel propulsion although less common in the superfast train applications, can be found used in the regional and inter-city routes where the electrification is challenging.
• Duo-power systems that use both diesel and electric propulsion offer flexible and reliable operation, especially with variable facilities in the regions. Manufacturers and operators are always trying to raise the bar in enhancing propulsion technologies, striving for more efficiency, a reduced environmental footprint, and better performance.
• While electric propulsion is meant to maintain its leadership position, dual power systems will also stand a chance to gain coverage and acceptance in niche markets, thereby, contributing to the continued and rapid development of the bullet train and high-speed rail market.

By Speed, the 200–299 km/h segment held the largest share in 2023

• Trains are classified as bullet trains and high-speed rail market according to their operating speeds which include the range of 200-299 km/h, 300- 399 km/h, 400-499 km/h to above 500 km/h. Trains with a speed range of 200–299 km/h are the most commonly used on regional and intercity tracks and provide an acceptable cost-performance ratio.
• The sector consists of almost all conventional high-speed railways that are located in different regions. In this category, trains offer faster service for major city-to-city pairs competing with air travel over medium distances.
• Faster trains in this category offer an upgrade in passenger comfort and efficiency enabling these trains to meet the demanding travel expectations. This class includes the trains of the latest generation that move the speed limit to 400–499 km/h and are used in the advanced rail networks.
• Trains with speeds exceeding 500 km/h are state-of-the-art, with the highest velocities ever and reshaping long distance travel. Along with the growing demand for quicker and more efficient modes of transport, investments in high-speed rail lead to innovation and define the future of the bullet train and high-speed train market.

Bullet Train and High-Speed Rail Market Regional Insights:

Asia-Pacific (APAC) is expected to witness significant growth during the forecast period due to the prevalence of large railway networks especially in developing countries.

• The APAC region is forecasted to have remarkable growth in the bullet train and high-speed rail market for the period under review. This increase can be accounted for by the fact that there is plenty of large railway communities, especially in the developing countries of the region.
• For instance, countries such as China, Japan, South Korea, and India which have the capacity to invest heavily in the high-speed rail network to meet the growing demand for fast, efficient and sustainable transportation solutions.
• The extensive networks of railways in these countries serve as a good base for the development of high-speed rail corridors connecting major cities and bringing about economic growth.
• In addition, urbanization, population growth, as well as issues of congestion and pollution require high-speed train technology utilization in the APAC region to be a part of the game. With the governments giving the utmost priority to infrastructure development and sustainable transportation initiatives, the Asia-Pacific market poses a great potential for companies related to the bullet train and high-speed rail industry.

Active Key Players in the Bullet Train and High-Speed Rail MarketTop of Form

• Alstom (France)
• Siemens Mobility (Germany)
• Abb (Sweden)
• Hitachi Ltd. (Canada)
• Toshiba Corporation (Japan)
• Mitsubishi Heavy Industries Ltd. (Japan)
• Thales Group. (France),
• Kawasaki Rail Car, Inc. (Us)
• Crrc Corporation Ltd. (China),
• Construcciones Y Auxiliar De Ferrocarriles, S.A. (Spain)
• Patentes Talgo S.L.U. (Bergen)
• Strukton (Germany)
• Hyundai Rotem Company. (South Korea)
• Al Electric (Us)
• Other key Players

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. BULLET TRAIN AND HIGH-SPEED RAIL MARKET BY PROPULSION (2017-2032)
   1. BULLET TRAIN AND HIGH-SPEED RAIL MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. DIESEL
      1. Introduction and Market Overview
      2. Historic and Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. ELECTRIC
   5. DUAL POWER
7. BULLET TRAIN AND HIGH-SPEED RAIL MARKET BY SPEED (2017-2032)
   1. BULLET TRAIN AND HIGH-SPEED RAIL MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. 200–299 KM/H
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. 300–399 KM/H
   5. 400–499 KM/H
   6. ABOVE 500 KM/H
8. BULLET TRAIN AND HIGH-SPEED RAIL MARKET BY COMPONENT (2017-2032)
   1. BULLET TRAIN AND HIGH-SPEED RAIL MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. AXLE
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. WHEELSET
   5. CONVERTER
   6. TRANSFORMER
   7. TRACTION MOTOR
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. Bullet Train And High-Speed Rail Market Share By Manufacturer (2023)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. SIEMENS MOBILITY (GERMANY)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. ABB (SWEDEN)
   4. HITACHI LTD. (CANADA)
   5. TOSHIBA CORPORATION (JAPAN)
   6. MITSUBISHI HEAVY INDUSTRIES LTD. (JAPAN)
   7. THALES GROUP. (FRANCE),
   8. KAWASAKI RAIL CAR, INC. (US)
   9. CRRC CORPORATION LTD. (CHINA),
   10. CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES, S.A. (SPAIN)
   11. PATENTES TALGO S.L.U. (BERGEN)
   12. STRUKTON (GERMANY)
   13. HYUNDAI ROTEM COMPANY. (SOUTH KOREA)
   14. AL ELECTRIC
10. GLOBAL BULLET TRAIN AND HIGH-SPEED RAIL MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segment1
       4. Historic And Forecasted Market Size By Segment2
       5. Historic And Forecasted Market Size By Segment3
       6. Historic And Forecasted Market Size By Segment4
       7. Historic And Forecasted Market Size By Segment5
       8. Historic And Forecasted Market Size By Segment6
       9. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. BULLET TRAIN AND HIGH-SPEED RAIL MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. BULLET TRAIN AND HIGH-SPEED RAIL MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. BULLET TRAIN AND HIGH-SPEED RAIL MARKET COMPETITIVE RIVALRY
TABLE 005. BULLET TRAIN AND HIGH-SPEED RAIL MARKET THREAT OF NEW ENTRANTS
TABLE 006. BULLET TRAIN AND HIGH-SPEED RAIL MARKET THREAT OF SUBSTITUTES
TABLE 007. BULLET TRAIN AND HIGH-SPEED RAIL MARKET BY TYPE
TABLE 008. WHEEL ON RAIL MARKET OVERVIEW (2016-2028)
TABLE 009. MAGLEV MARKET OVERVIEW (2016-2028)
TABLE 010. BULLET TRAIN AND HIGH-SPEED RAIL MARKET BY APPLICATION
TABLE 011. PASSENGER TRANSPORT MARKET OVERVIEW (2016-2028)
TABLE 012. FREIGHT TRANSPORT MARKET OVERVIEW (2016-2028)
TABLE 013. NORTH AMERICA BULLET TRAIN AND HIGH-SPEED RAIL MARKET, BY TYPE (2016-2028)
TABLE 014. NORTH AMERICA BULLET TRAIN AND HIGH-SPEED RAIL MARKET, BY APPLICATION (2016-2028)
TABLE 015. N BULLET TRAIN AND HIGH-SPEED RAIL MARKET, BY COUNTRY (2016-2028)
TABLE 016. EUROPE BULLET TRAIN AND HIGH-SPEED RAIL MARKET, BY TYPE (2016-2028)
TABLE 017. EUROPE BULLET TRAIN AND HIGH-SPEED RAIL MARKET, BY APPLICATION (2016-2028)
TABLE 018. BULLET TRAIN AND HIGH-SPEED RAIL MARKET, BY COUNTRY (2016-2028)
TABLE 019. ASIA PACIFIC BULLET TRAIN AND HIGH-SPEED RAIL MARKET, BY TYPE (2016-2028)
TABLE 020. ASIA PACIFIC BULLET TRAIN AND HIGH-SPEED RAIL MARKET, BY APPLICATION (2016-2028)
TABLE 021. BULLET TRAIN AND HIGH-SPEED RAIL MARKET, BY COUNTRY (2016-2028)
TABLE 022. MIDDLE EAST & AFRICA BULLET TRAIN AND HIGH-SPEED RAIL MARKET, BY TYPE (2016-2028)
TABLE 023. MIDDLE EAST & AFRICA BULLET TRAIN AND HIGH-SPEED RAIL MARKET, BY APPLICATION (2016-2028)
TABLE 024. BULLET TRAIN AND HIGH-SPEED RAIL MARKET, BY COUNTRY (2016-2028)
TABLE 025. SOUTH AMERICA BULLET TRAIN AND HIGH-SPEED RAIL MARKET, BY TYPE (2016-2028)
TABLE 026. SOUTH AMERICA BULLET TRAIN AND HIGH-SPEED RAIL MARKET, BY APPLICATION (2016-2028)
TABLE 027. BULLET TRAIN AND HIGH-SPEED RAIL MARKET, BY COUNTRY (2016-2028)
TABLE 028. CRRC: SNAPSHOT
TABLE 029. CRRC: BUSINESS PERFORMANCE
TABLE 030. CRRC: PRODUCT PORTFOLIO
TABLE 031. CRRC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 031. BOMBARDIER: SNAPSHOT
TABLE 032. BOMBARDIER: BUSINESS PERFORMANCE
TABLE 033. BOMBARDIER: PRODUCT PORTFOLIO
TABLE 034. BOMBARDIER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 034. ALSTOM: SNAPSHOT
TABLE 035. ALSTOM: BUSINESS PERFORMANCE
TABLE 036. ALSTOM: PRODUCT PORTFOLIO
TABLE 037. ALSTOM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 037. SIEMENS: SNAPSHOT
TABLE 038. SIEMENS: BUSINESS PERFORMANCE
TABLE 039. SIEMENS: PRODUCT PORTFOLIO
TABLE 040. SIEMENS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. KAWASAKI HEAVY INDUSTRIES: SNAPSHOT
TABLE 041. KAWASAKI HEAVY INDUSTRIES: BUSINESS PERFORMANCE
TABLE 042. KAWASAKI HEAVY INDUSTRIES: PRODUCT PORTFOLIO
TABLE 043. KAWASAKI HEAVY INDUSTRIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. HITACHI: SNAPSHOT
TABLE 044. HITACHI: BUSINESS PERFORMANCE
TABLE 045. HITACHI: PRODUCT PORTFOLIO
TABLE 046. HITACHI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. MITSUBISHI HEAVY INDUSTRIES: SNAPSHOT
TABLE 047. MITSUBISHI HEAVY INDUSTRIES: BUSINESS PERFORMANCE
TABLE 048. MITSUBISHI HEAVY INDUSTRIES: PRODUCT PORTFOLIO
TABLE 049. MITSUBISHI HEAVY INDUSTRIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. TALGO: SNAPSHOT
TABLE 050. TALGO: BUSINESS PERFORMANCE
TABLE 051. TALGO: PRODUCT PORTFOLIO
TABLE 052. TALGO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. GENERAL ELECTRIC: SNAPSHOT
TABLE 053. GENERAL ELECTRIC: BUSINESS PERFORMANCE
TABLE 054. GENERAL ELECTRIC: PRODUCT PORTFOLIO
TABLE 055. GENERAL ELECTRIC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. HYUNDAI ROTEM: SNAPSHOT
TABLE 056. HYUNDAI ROTEM: BUSINESS PERFORMANCE
TABLE 057. HYUNDAI ROTEM: PRODUCT PORTFOLIO
TABLE 058. HYUNDAI ROTEM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES (CAF): SNAPSHOT
TABLE 059. CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES (CAF): BUSINESS PERFORMANCE
TABLE 060. CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES (CAF): PRODUCT PORTFOLIO
TABLE 061. CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES (CAF): KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. BULLET TRAIN AND HIGH-SPEED RAIL MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. BULLET TRAIN AND HIGH-SPEED RAIL MARKET OVERVIEW BY TYPE
FIGURE 012. WHEEL ON RAIL MARKET OVERVIEW (2016-2028)
FIGURE 013. MAGLEV MARKET OVERVIEW (2016-2028)
FIGURE 014. BULLET TRAIN AND HIGH-SPEED RAIL MARKET OVERVIEW BY APPLICATION
FIGURE 015. PASSENGER TRANSPORT MARKET OVERVIEW (2016-2028)
FIGURE 016. FREIGHT TRANSPORT MARKET OVERVIEW (2016-2028)
FIGURE 017. NORTH AMERICA BULLET TRAIN AND HIGH-SPEED RAIL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 018. EUROPE BULLET TRAIN AND HIGH-SPEED RAIL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 019. ASIA PACIFIC BULLET TRAIN AND HIGH-SPEED RAIL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. MIDDLE EAST & AFRICA BULLET TRAIN AND HIGH-SPEED RAIL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. SOUTH AMERICA BULLET TRAIN AND HIGH-SPEED RAIL MARKET OVERVIEW BY COUNTRY (2016-2028)