After having experienced a sharp decline in revenues during the COVID-19 pandemic, the global passenger rail sector is projected to grow significantly over the coming years. Between 2023 and 2027, global revenue from the sector is projected to grow by around 26 percent.
Worldwide passenger rail revenue from 2017 to 2023 with a forecast through 2029
(in billion U.S. dollars)
Data includes tickets for long-distance travel or cross-regional travel by train; time-limited subscription based travel; line service and regular train service; all online and offline booked long-distance bus tickets regardless of the purchase channel.
Data excludes tickets for public transport, for within a city or other local travel.
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Statista Mobility Market Insights, & Statista. (July 23, 2024). Worldwide passenger rail revenue from 2017 to 2023 with a forecast through 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1413712/global-passenger-rail-revenue-forecast/
Statista Mobility Market Insights, und Statista. "Worldwide passenger rail revenue from 2017 to 2023 with a forecast through 2029 (in billion U.S. dollars)." Chart. July 23, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1413712/global-passenger-rail-revenue-forecast/
Statista Mobility Market Insights, Statista. (2024). Worldwide passenger rail revenue from 2017 to 2023 with a forecast through 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1413712/global-passenger-rail-revenue-forecast/
Statista Mobility Market Insights, and Statista. "Worldwide Passenger Rail Revenue from 2017 to 2023 with a Forecast through 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 23 Jul 2024, https://www.statista.com/statistics/1413712/global-passenger-rail-revenue-forecast/
Statista Mobility Market Insights & Statista, Worldwide passenger rail revenue from 2017 to 2023 with a forecast through 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1413712/global-passenger-rail-revenue-forecast/ (last visited November 23, 2024)
Worldwide passenger rail revenue from 2017 to 2023 with a forecast through 2029 (in billion U.S. dollars) [Graph], Statista Mobility Market Insights, & Statista, July 23, 2024. [Online]. Available: https://www.statista.com/statistics/1413712/global-passenger-rail-revenue-forecast/