Subway, Light Rail & Cable Car Transport in China
The Subway, Light Rail and Cable Car Transport industry is still in the stages of development in China. Most rail transit systems were established over 20 years ago. However, rail transit systems have since expanded due to rapid urbanization and to alleviate increased traffic congestion in cities. Many rail transit systems are under construction or in the planning stages in cities throughout China, and this trend is expected to increase.
Firms in the Subway, Light Rail and Cable Car Transport industry in China provide local and suburban public transportation services with right of way. These services are separated from other street traffic and provide a regular timetable for passengers. The four most common means of transportation provided are subways, light rail, trams and cable cars.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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