Well trained: Expanding capacity is expected to keep industry revenue on the right track

The Urban Passenger Rail Operations industry includes businesses that operate passenger rail networks through urban, suburban or metropolitan areas, including specialised town-to-station and town-to-airport transport. The industry has grown strongly over the past five years, although this largely reflects trends in the performance of the industry’s largest player, Transport for London (TfL). Over the five years through 2018-19, industry revenue is expected to grow at a compound annual rate of 1.1% to just under £3.7 billion. The performance of the industry is determined by a number of demographic and social factors, including the growth of the urban population, the rate of employment and competition from alternative forms of transport...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24
Market Share of Companies

Industry Threats & Opportunities

  • Capacity expansion on urban rail networks is forecast to support growth in the coming years
  • London’s continued appeal to tourists has supported demand for the industry
  • Expansion to the London rail network is expected to support revenue growth over the next five years
  • Industry Report - Industry Investment Chapter

    The industry has a high level of capital intensity. In 2018-19, IBISWorld estimates that the capital-to-labour ratio in the industry will be 1:1.62, which implies that for every £1.00 invested in capital, the average operator will spend £1.62 on labour. The industry has a high level of investment requirements due to the special governance arrangements in place for Transport for London. Transport for London invests in rolling stock, locomotives, rail cars, tracks, and train station construction and maintenance. This investment from the industry’s largest player increases the overall level of capital intensity. The amount of investment required varies across the industry. Ove...purchase to read more.

    Additional Insights for the Urban Passenger Rail Operations Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Urban Passenger Rail Operations Industry are

  • Carrying out all necessary maintenance to keep facilities in good condition
  • Effective quality control
  • Optimum capacity utilisation
  • IBISWorld analysts also discuss how external factors such as National unemployment rate and Urban population in the Urban Passenger Rail Operations industry impact industry performance..

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    What's in this report

    What is the Urban Passenger Rail Operations Industry?

    This industry transports passengers by rail through urban, suburban or metropolitan areas, often underground. The industry also includes town-to-airport and town-to-station transport by rail. Tramways and interurban railways are not included in the industry.

    Industry Products
  • Ordinary tickets
  • Season tickets
  • Industry Activities
  • Transporting passengers by railway within cities
  • Managing rail infrastructure, including railway stations
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • National unemployment rate
  • Urban population
  • Government capital expenditure
  • Demand from bus and tramway operations
  • Demand from taxi operation
  • Total number of registered motor vehicles

  • Current Performance
  • Back on the rails
  • London locomotion
  • Night-time services
  • Performance measures
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand threats
  • Expansion of capacity
  • Reducing competition
  • Profitability
  • Table: Urban Passenger Rail Operations Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Urban Passenger Rail Operations Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Advertising Agencies
  • Consumers

  • Key Selling Industries
  • Electricity Transmission
  • Railway & Underground Railway Construction
  • Railway Equipment Manufacturing

  • Products & Services
  • Season tickets
  • Ordinary tickets
  • Other
  • Chart: Urban Passenger Rail Operations Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Passengers aged between 25 and 44
  • Passengers aged between 45 and 64
  • Passengers aged between 17 and 24
  • Passengers aged 65 and over
  • Passengers aged 16 and under
  • Chart: Major Market Segmentation for the Urban Passenger Rail Operations Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesRent and depreciationPurchases and utilitiesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Urban Passenger Rail Operations

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Urban Passenger Rail Operations Industry

  • Industry Globalization
    Transport for London,
  • Table: Transport for London - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Urban Passenger Rail Operations Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Urban Passenger Rail Operations Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Congestion Charge
  • The congestion charge is a fee charged on most motor vehicles operating within the Congestion Charge Zone.
  • Light Rail
  • Light rail describes rail operations that use smaller vehicles with lower capacity and lower speed than conventional railways.
  • Rolling Stock
  • The trains and carriages used on railways.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Urban Passenger Rail Operations market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Urban Passenger Rail Operations:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Urban Passenger Rail Operations market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Urban Passenger Rail Operations, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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