Railway Infrastructure Spending Market in China 2015-2019

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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. In 2014, China's Ministry of Railways announced its plan to expand further the high-speed railway network from 9,941.9 miles to 15,534.3 miles. As of 2014, the total length of the railway network in the country was 74,564.5 miles. In 2014, China launched 32 new high-speed rail routes, including a new railway link between Guangzhou and Shanghai. In addition, in the same year new high-speed railway line was opened between Xinjiang capital, Urumqi, and Hami city in the eastern Xinjiang, China. The government is also encouraging private investment in the railway infrastructure, which otherwise is solely funded by the public entities.

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Technavio's analysts forecast the railway infrastructure spending market in China to grow at a CAGR of 26.7% over the period 2014-2019.

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...