THE GLOBAL RAIL INDUSTRY

MARKET ANALYSIS IN THE LIGHT OF THE COVID-19 CRISIS

In addition to a comprehensive view of the sector's environment and demand (macroeconomic factors, changes brought about by digital transformation and ecological transition, etc.), the study provides our exclusive analysis of the past evolution of the global rail industry and its prospects. In particular, it outlines the impact of the health crisis and the lessons to be learned from the current situation.

DESCRIPTION OF COMPANIES DEVELOPMENT AXES

Improving competitiveness, strengthening services, conquering international markets, finding an alternative to diesel production: the report details the growth levers prioritised by the world leaders in the rail industry, after analysing their main strengths and weaknesses.

EXPLANATION OF THE CHANGES IN THE COMPETITIVE LANDSCAPE

This report also provides an individualised and aggregated financial analysis of the operators' financial performance. In particular, it deciphers the evolution of sales and operating profit rate for the analysed companies.

1. SUMMARY AND KEY PAGES OF THE REPORT

The summary provides all the elements needed to understand the major trends in the sector and foreseeable developments, drawing on analyses of the market outlook and the strategies of the companies.

2. FRAMING AND ENVIRONMENT

MARKET FUNDAMENTALS

• The business

• Customers

• Products

• Suppliers

• Leaders' profiles

• Repartition of activity by region

SECTORAL ENVIRONMENT

• Overview (PESTEL analysis)

• Global GDP growth

• The global rail infrastructure

• Global passenger rail traffic (2004-2020e)

• Global freight rail traffic (2004-2020e)

• Global rolling stock fleet

• Oil prices

• Evolution of the world population (1950-2050f)

• Urbanisation (1950-2050f)

• The environmental impact of the rail industry

• Liberalisation of rail transport

• Market accessibility

3. THE MARKET AND THE ACTIVITY OF THE LEADERS

THE GLOBAL RAIL MARKET

• The market for railway equipment (figures by segments and regions) (2005-2025f)

• International rolling stock trade

ACTIVITY AND PERFORMANCE OF LEADERS

• The order book

• Leaders' cumulative revenue (2013-2020)

• Positioning by average growth rate

• Leaders' aggregate operating profit rate

• Rankings by EBIT rate

• Individualised activity and performances

4. COMPETITION AND LEADERS' STRATEGIES

THE COMPETITIVE ENVIRONMENT

• Overview (Porter's strengths)

• Intra-sectoral competition

• Threat of substitutes

• Government's influence

• Bargaining power of customers

• Threat of new entrants

LEADERS' STRATEGIES

• Improving competitiveness

• Strengthening in services

• Conquering international markets

• Decarbonising rail transport

5. FORCES AT WORK

• Ranking of the 10 world leaders in the global rail industry

• Key performance indicators of the 10 leaders (revenue growth and EBIT rate)

• SWOT analysis of the 10 leaders

• Leader's profiles