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Intercity Passenger Rail Transport in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Intercity Passenger Rail Transport Market Research Report | SIC H49.100 | Mar 2017

Full of steam: A rising number of passenger rail journeys is set to boost industry revenue

IBISWorld’s Intercity Passenger Rail Transport market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Abellio Transport Holdings Ltd Abellio Transport Holdings Ltd market share
Arriva plc Arriva plc market share
FirstGroup plc FirstGroup plc market share
Govia Limited Govia Limited market share
Stagecoach Group plc Stagecoach Group plc market share
Industry Statistics & Market Size
Revenue
£10bn
Annual Growth 12-17
1.3%
Annual Growth 17-22
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Profit
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Employment
53,375
Businesses
62
Industry Analysis & Industry Trends

The Intercity Passenger Rail Transport industry has continued to grow despite recent economic uncertainty. The industry includes large multinational rail companies that operate mainline rail services, in addition to a larger number of smaller operators that run and maintain heritage and tourist railways. The performance of the industry as a whole is affected by many different factors, including the total number of passenger rail journeys made each year, government subsidies, regulatory changes, the rate of unemployment and the relative cost of travelling by rail as opposed to by alternative modes of transport. This latter variable is largely influenced by fuel costs; when these are high, people tend to opt for public transport over car usage... purchase to read more

Industry Report - Industry Analysis Chapter

The Intercity Passenger Rail Transport industry has strengthened over the past five years. Industry revenue is expected to grow at a compound annual rate of 1.3% over the five years through 2016-17, reaching £9.9 billion. Industry revenue growth is largely determined by the total number of passenger rail journeys made each year, the relative cost of travelling by rail as opposed to alternative modes of transport and economic factors such as the rate of unemployment, which alters people’s need to travel. The government supports the rail industry through direct subsidies and payments to Network Rail, which sets access charges to train operating companies. Any changes in government support may affect revenue each year, along with changes in pricing regulation. In .. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Intercity Passenger Rail Transport Industry?

The Intercity Passenger Rail Transport industry operates railways for passenger travel between urban areas. The industry also provides some support and auxiliary services to passenger railways and transports small amounts of freight and post. The industry excludes the operation of railways primarily used to transport freight and the operation of light rail networks.

Industry Products
Ordinary fares - off peakOrdinary fares - anytimeOrdinary fares - advance and otherSeason ticketsOther revenue
 
Industry Activities
Operating passenger railwaysManaging train stationsProviding passenger rail support services


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