railway infrastructure spending market in china 2015-2019
TRANSCRIPT
Covered in this Report• This report presents the current scenario and growth
prospects of the railway infrastructure spending market in China during the period 2015-2019.
• The market size has been calculated based on the spending on railway infrastructure.
• In addition, the report presents the economic outlook of China and an analysis of the infrastructure development in the country.
• It also presents the major drivers influencing the growth of railways in the country.
• It discusses the major challenges faced by the vendors and the industry at large, as well as the key trends emerging in the market.
Railway Infrastructure
Spending Market in China 2015-2019
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Market Overview
• Railway infrastructure spending in China grew by 3.6% in 2014 compared to 3.2% in 2013.
• The government's initiatives to develop the railway infrastructure, particularly in the less developed region, and central and western China, have significantly contributed to the growth of the railway infrastructure spending market in the country.
• The government has also given emphasis toward the development high-speed railway line and metro network.
• Technavio's analysts forecast the railway infrastructure spending market in China to grow at a CAGR of 26.7% over the period 2014-2019.
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Spending Market in China 2015-2019,
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Key Vendors and Regions
• China Communications Construction
• China Railway Construction
• China Railway Group
• China State Construction Engineering
• China Railway Signal & Communication
• Dongfang Electric
View Our Report: Railway Infrastructure Spending Market in China 2015-2019
• China
Vendors Regions
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Key Findings
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• To attract private investment in railway infrastructure, the government liberalized rail freight prices, stimulating the growth of railway spending and the demand for rail transportation in the country.
• In April 2014, the NDRC approved liberalization of freight railway fees based on the market demand, which was earlier controlled solely by the government.
• In December 2014, the government deregulated the price control on rail cargo, railway parcel shipping, and passenger fares.
• Such initiatives by the government will create demand for a new and expanded railway network, triggering the growth of railway infrastructure spending in the less-developed regions of China.
Key Questions Answered in Our Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Railway Infrastructure Spending Market in China 2015-2019
51 Pages | SKU: IRTNTR6526
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