Market Share of Asia Pacific Rail Freight Transport Industry
The Asia Pacific Rail Freight Transport Market is moderately consolidated in nature, with a mix of global and local players. Major players include China State Railway Group Co. Ltd., Aurizon Holdings Ltd., M & W China Limited, Japan Freight Railway Co., Indian Railways, and many more. According to industry sources, the rail industry has been facing huge competition from its similar service providers, road and air transporters, since the last decade. Many countries are heavily investing in railroad infrastructural developments, and investments are especially huge in China and India. International companies hold a large market share by acquiring or joining hands with local companies in many regions. At the country level, most of the markets seem to be concentrated with the presence of one or two major players.
APAC Rail Freight Transport Market Leaders
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China State Railway Group Co. Ltd.
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Aurizon Holdings Ltd.
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M & W China Limited
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Japan Freight Railway Co.
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Indian Railways
*Disclaimer: Major Players sorted in no particular order