Commuter Rail Systems Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 2/12/2024
SIC Codes: 4111
NAICS Codes: 485112
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Commuter Rail Systems Industry Profile

Companies in this industry operate local and suburban commuter rail systems. Major companies include China Railway, MTR Corporation, Metropolitan Transport Authority, SNCF, Tokyo Metro, and VR Group.

Population growth and urbanization are among the forces driving global demand for commuter rail. However, due to the COVID-19 pandemic and the emergence of hybrid working, demand for commuter rail has declined.

The US commuter rail industry includes less than 20 companies with combined annual revenue of about $720 million. In addition to MTA New York City Transit Authority, leading US providers include Metra (Chicago), Massachusetts Bay Transit Authority (Boston), New Jersey Transit (Newark), and Southeastern Pennsylvania Transit Authority (Philadelphia).

The commuter rail industry does not include cable car, monorail, light rail, or subway systems, although some companies in the industry may operate these systems in addition to commuter rail systems.

COMPETITIVE LANDSCAPE

Demand is driven by population growth and density, particularly in metropolitan areas. The profitability of individual companies depends on efficient operations. Large companies have advantages in absorbing large operational and capital costs. Small companies can compete effectively by entering new markets. The US industry is highly concentrated: a handful of companies generate most of the industry's revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

Commuter rail services operate local and suburban routes, primarily during peak morning and evening travel periods. Commuter rail uses technology common to existing freight railroad systems, has stations typically spaced 2-7 miles apart; and operates at moderate ...

 
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