全球高铁行业市场前景及投资研究报告-培训课件外文版2024.5中国日本美国欧洲印尼

INDUSTRIES

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MARKETSHigh-speedrailworldwideCHAPTER

01OverviewHigh-speedrailpassengertrafficbetween2010and2021(inbillionpassenger-kilometers)High-speedrailpassengertrafficworldwide2010-20211,2001,0008001,067951.2840.9778.9715.9635.9627.1600509.9437.62013360.420124002000310244.120102011201420152016201720182019202020213Description:High-speedrailpassengertrafficclimbedsteadilyandconsistentlybetween2010and2019worldwide.Passengerkilometersincreasedmorethanfour-foldinalmostadecadefrom245in2010to1029.4in2019.Afteradecadeofconstantgrowthehigh-speedrailpassengertrafficdroppedsharplyin2020,causedprimarilybytheCOVID-19pandemic,fallingfurthertounder779billionpassenger-kilometersin2021.ReadmoreNote(s):Worldwide;2010to2021Source(s):UICLengthofhigh-speedrailroadnetworkworldwidefrom1964to2022(in1,000kilometers)Lengthofhigh-speedrailtracksworldwide1964-20227060504030201001964

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20224Description:Between2000and2022,thelengthofhigh-speedrail(HSR)networksworldwidehasincreaseddramatically,reachingapproximately59,500kilometersin2021.Figuresparticularlystartedtoclimbmoredrasticallyyear-over-yearsincetheintroductionofHSRinChina.ReadmoreNote(s):Worldwide;1964to2022Source(s):UICLengthofthehigh-speedraillinesinoperationworldwideasof2022,byregion(inkilometers)High-speedraillineslengthworldwidebyregion2022Lengthofhigh-speedraillinesinkm20,000

25,000

30,00005,00010,00015,00035,00040,00045,00044,51250,000AsiaPacificEurope12,384MiddleEastNorthAmerica1,681735Africa

186LatinAmerica05Description:WhileAsiaPacificcurrentlyboaststhelongesthigh-speedrailwaynetworkintheworld,withmorethan44,500kilometersintotal,Europehasthesecond-longestnetworkataround12,400kilometers.Currently,therearenohigh-speedraillinesinoperationinLatinAmerica.Theregionisstillinpreliminaryplanningstageswhenitcomestofuturehigh-speedrailprojectsacrossthecontinent.ReadmoreNote(s):Worldwide;2022;OnlyincludeslinesinoperationSource(s):UICWorld'sfastesttrainsin2022,rankedbyrecordspeed(inkilometersperhour)Fastesttrainsintheworldbyrecordspeed2022Recordspeedinkm/h200

3000L0SeriesMaglevJapan100400500486600603600581575700CRRCQingdaoSifang2021MaglevChinaJRCentralMLX01MaglevJapanTGVPOSFranceCRH380AHexieChinaShanghaiMaglevChina431430HEMU-430XSouthKoreaFuxingHaoCR400AFChinaSiemensVelaroESpain418404400Frecciarossa1000Italy6Description:AsofAugust2022,thefastesttrainonEarth,basedonitsrecordspeed,istheJapaneseL0SeriesMaglevwitharecordspeedof603kilometersperhour.TheL0SerieswasfollowedcloselybytheCRRCQingdaoSifang2021MaglevofChina,witharecordspeedof600kilometersperhour,althoughbothtrainsarenotyetinoperation.ThefastesttraininoperationistheJapaneseMLX01Maglev,witharecordspeedof581kilometersperhour.

ReadmoreNote(s):Worldwide;2022Source(s):ScreenRantLeadingmanufacturersofhigh-speedrollingstockworldwidein2022,basedonmarketshareLeadingmanufacturersofhigh-speedrollingstockworldwide2022Marketshare30%0%10%20%40%50%60%CRRCCorp.Ltd.Alstom56%15%Other12%Siemens7%HitachiRailStadler5%3%HyundaiRotem2%7Description:In2022,theChineserollingstockmanufacturerCRRCCorp.Ltd.dominatedthemarketforhigh-speedrailrollingstockwithamarketshareof56percent.Otherworld-leadingrollingstockmanufacturersforthissegmentincludeEuropeanmanufacturers,suchasAlstom,andSiemens-witharound15and7percentofthemarketrespectively-aswellastheJapanesemanufacturerHitachiRail,whichhadamarketshareofaboutfivepercent.

ReadmoreNote(s):Worldwide;2022;basedondeliveredunitsSource(s):SCIVerkehr;StadlerRailCHAPTER

02InfrastructureLengthofthehighspeedrailwaylinesinoperationworldwidein2022,bycountry(inkilometers)Lengthofhighspeedrailwaylinesinuseworldwidein2022,bycountryLengthofhigh-speedrailwaylinesinkilometers15,000

20,000

25,00005,00010,00030,00035,00040,00045,000ChinaSpain40,4743,661JapanFranceGermanyFinlandTurkey3,0812,7351,5711,1201,052921ItalySouthKoreaSwedenU.S.873860735SaudiArabiaAustria4492549Description:Asof2022,Chinahadbyfarthelongesthigh-speedrailwaynetworkintheworldwithalmost40,500kilometersofhigh-speedraillines;thecountrywasfollowedbySpainandJapan,bothwithmorethan3,000kilometersofhigh-speedraileach.

ReadmoreNote(s):Worldwide;2022Source(s):UICTotallengthofthehigh-speedrailwaylinesinuseinselectedEuropeancountriesin2021(inkilometers)Lengthofhigh-speedrailwaylinesinuseinEuropein2021,bycountry202020214,0003,6273,4873,5003,0002,5002,0001,5001,0005002,7342,7351,5711,5171,1201,120Finland921

921Italy860

860Sweden254

254Austria224

224Poland209

209Belgium113

11390

89Netherlands

Denmark56

560SpainFranceGermanyUnitedKingdom10Description:High-speedrailwaylinesarelinesorsectionsoflinesonwhichtrainscangofasterthan200kilometersperhouronupgradedlinesor250km/hondedicatedlines.ReadmoreNote(s):Europe,EU;2023Source(s):EuropeanCommissionTotallengthofoperationnetworkofhigh-speedrailwaysinChinafrom2008to2021(in1,000kilometers)LengthofexpressrailwaysinChina2008-2021454035302520403835292522191615119105753102008200920102011201220132014*201520162017201820192020202111Description:Asof2021,theoperationlengthofthehigh-speedrail(HSR)inChinaamountedtoaround40,000kilometers.Itaccountsfor26.7percentofChina`srailroadnetwork,whichcurrentlywasabout150,000kilometerslong.ReadmoreNote(s):China;2008to2021;*forecastedfigures**Figurespriorto2014wereobtainedfrompreviousreports.ReadmoreSource(s):ForwardIntelligence(Qianzhan);StateCouncil(China)OperatinglengthofJapanRailways(JR)high-speedrailroadnetworkinJapanasofMarch2022,byrailwayline(inkilometers)OperatinglengthoftheJRShinkansennetworkinJapan2022,byrailwaylineNetworklengthinkilometers0100200300400500600700800TohokuShinkansenSan'yoShinkansenTokaidoShinkansenHokurikuShinkansenJoetsuShinkansen713.7644552.6345.5303.6KyushuShinkansenHokkaidoShinkansen288.9148.812Description:AsofMarch2022,JapanRailways'TohokuShinkansenwasthelongesthigh-speedrailwaylineinthenetwork,addinguptoanoperatinglengthofaround713.7kilometers.ReadmoreNote(s):Japan;asofMarch31,2022;notincludingAkitaShinkansenandYamagataShinkansen*;referringtothelengthofsectionsbetweenstationsofdepartureandarrivalusedforpassengeroperations;*TheJapaneseShinkansenRailways[...]

ReadmoreSource(s):e-Stat(Japan);MLIT(Japan)LengthofhighspeedrailroadnetworkinSouthKoreafrom2010to2019(inkilometers)LinekilometersofhighspeedrailtracksinSouthKorea2010-20191,200963.41,0008006004002000887887887657596412412412412201020112012201320142015201620172018201913Description:In2019,thelengthofthehighspeedrailroadnetworkinSouthKoreaamountedto887kilometers,morethandoubleofthelinekilometersofhighspeedrailtracksreportedin2013.ThepassengertrafficonhighspeedtrainsinSouthKoreain2019amountedtoapproximately16billionpassengerkilometers.ReadmoreNote(s):SouthKorea;2010to2019Source(s):UICCHAPTER

03PassengertrafficPassengertrafficonselectedglobalhigh-speedrailnetworksin2021,bynationalrailoperator(inbillionpassengerkilometers)High-speedrailpassengersactivity-keyoperatorsworldwide2021Trafficinbillionpassengerkilometers0100200300400500600700ChinaCRHighSpeed(China)SNCF(France)606.447.744.4JR(Japan)DBAG(Germany)Trenitalia,NTV(Italy)OthercompaniesKORAIL(SouthKorea)RENFE(Spain)2521.113.710.46.41.7UnitedStatesTurkey1.50.6Morocco15Description:In2021,Chinadominatedthehigh-speedrailmarketintermsofpassengervolumeonitsnetwork,claimingover606.4billionpassengerkilometersoverthecourseoftheyear.EuropeancountriesfaredrelativelywellintherankingswithFranceandGermanyrespectivelyboasting47.7and25billionpassengerkilometersinthatsameyear.ReadmoreNote(s):Worldwide;2021;datfortheU.S.coverstheperiodbetweenOctober2021andSeptember2022Source(s):UICTotalvolumeofpassengertransportedbyhighspeedrailwaysinChinafrom2008to2021(inbillions)PassengertransportvolumeofhighspeedrailwaysinChina2008-20212.52.01.51.02.292.011.921.751.561.220.960.70.530.50.00.390.290.130.050.012008200920102011201220132014201520162017201820192020202116Description:In2021,highspeedrailinChinatransportedover1.9billionpassengers,anincreaseof23.1percentcomparedtothepreviousyear.

ReadmoreNote(s):China;2008to2021Source(s):;XinhuaNewsAgencyPassengertrafficonhighspeedtrainsinSouthKoreafrom2010to2022(inbillionpassengerkilometers)HighspeedrailpassengertrafficinSouthKorea2010-2022181616.3216.0315.3115.114.8714.8714.4514.4314.0813.5614121081110.389.46420201020112012201320142015201620172018201920202021202217Description:In2022,thepassengertrafficonhighspeedtrainsinSouthKoreaamountedtoapproximately14.9billionpassengerkilometers,whichwasalargeincreasefromthepreviousyear.TheKoreaTraineXpress(KTX),isthemainSouthKoreanhighspeedrailsystemoperatedbyKorail,whichwasinauguratedin2004.AsecondhighspeedrailsystemcalledSuperRapidTrain(SRT)wasestablishedin2016.ReadmoreNote(s):SouthKorea;2010to2022;trafficontrainsoperatedbyKorailSource(s):UICNumberofpassengerscarriedviaJapanRailways(JR)high-speedtrainsinJapanfromfiscalyear2015to2021(inmillions)NumberofpassengerscarriedviaJRShinkanseninJapanFY2015-2021450386400350300250200150100503783733703661951560201520162017201820192020202118Description:Infiscalyear2021,JapanRailways'Shinkansenhigh-speedtrainscarriedaround195millionpassengers,increasingfrom156millionpassengersintheprecedingfiscalyear.ReadmoreNote(s):Japan;fiscalyears2015to2021;theJapanesefiscalyearsrunfromApril1ofthestatedyeartoMarch31ofthefollowingyear;notincludingAkitaShinkansenandYamagataShinkansen*;*TheJapaneseShinkansenRailwaysMaintenance[...]

ReadmoreSource(s):e-Stat(Japan);MLIT(Japan)NumberofpassengerstransportedbytheSpanishhigh-speedrailserviceAVEfrom2015to2021(in1,000s)High-speedrailpassengertrafficinSpain2015-202125,00023,56222,37021,33320,55820,35319,42820,00015,00010,0005,000012,2827,6032020201520162017201820192021202219Description:Afteryearsofconsecutivegrowth,thenumberofpassengerstransportedbytheSpanishhigh-speedrailserviceAVE(AltaVelocidadEspañola)droppedabruptlyfromalmost22.4millionin2019to7.6millionin2020,duetotheCOVID-19pandemic.In2021,thehigh-speedrailpassengertrafficrecovered,reachingalmost12.3millionpassengers.Passengersnumbersbeganexceedingpre-pandemicfiguresin2022,whennearly23,600passengerswererecorded.

ReadmoreNote(s):Spain;2015to2022;onlyincludespassengersonlongdistancehigh-speedtrainsSource(s):INE(Spain)Annualnumberofpassenger-kilometerstravelledbyhigh-speedrail(TGV)inFrancefrom2010to2021(inmillions)PassengerkilometerstravelledbyTGVrailinFrance2010-2021706061.959.658.655.255.254.954.955.254.853.948.65040302010035.720102011201220132014201520162017201820192020202120Description:In2021,48.6millionpassenger-kilometersweretravelledonTGVtrains(France'shigh-speedrailservices)inFrance.Duringthesameyear,therevenueoftheTGVserviceamountedto5.4billioneuros.

ReadmoreNote(s):France;2010to2021;Includinginternationaltrains,excludingEurotunnelshuttlesSource(s):Ministèredel'environnement,del'énergieetdelamer;SNCF;SOeSNumberofICEpassengersoftheDeutscheBahnAGinGermanyfrom2004to2022(inmillions)DeutscheBahnICEpassengernumbersGermany2004-20221101009099.298.193.986.783.479.578.877.8788076.676.174.773.270.569.570605066.863.757.255200420052006200720082009201020112012201320142015201620172018201920202021202221Description:ThisstatisticshowsthenumberofICEpassengersoftheDeutscheBahnAGinGermanyfrom2004to2022.In2022,around98.1millionpassengerstravelledonDeutscheBahnICEtrains,comparedto57.2millionayearearlier.

ReadmoreNote(s):Germany;2004to2022Source(s):DeutscheBahnAmtrak`shigh-speedrailpassengersontheAcelaservicefromFY2017toFY2022(in1,000s)Amtrak`shigh-speedrailpassengersontheAcelaservice2017-20224,0003,577.463,442.193,428.343,5003,0002,5002,0001,5001,0005002,144.371,656.76897.64202102017201820192020202222Description:AnnualridershiponAmtrak`shigh-speedrailnetwork,theAcelaExpressservice,increasedin2022forthefirsttimesincethebeginningoftheCOVID-19pandemic,risingtoover2.1millionpassengers.Thiswasanearly139percentincreasecomparedtothepreviousyears.ReadmoreNote(s):UnitedStates;FY2017toFY2022;FiscalyearsendedSeptember30Source(s):AmtrakCHAPTER

04FinancialsRevenueofBeijing-ShanghaiHighSpeedRailwayCo.,Ltd.from2017to2021(inbillionyuan)Beijing-ShanghaiHighSpeedRailway:revenue2017-2021403534.8631.1629.5629.33025201510525.24020172018*20192020202124Description:In2021,Beijing-ShanghaiHighSpeedRailwayCo.,Ltd.generatedatotalof29.3billionyuaninrevenue,anincreaseof16.1percentcomparedtothepreviousyear.ThisgrowthindicatesarecoveryintheindustrysincetheCOVID-19pandemicoutbreakin2020.ReadmoreNote(s):China;2017to2021Source(s):CREC(Beijing-ShanghaiHigh-speedRailway)OperatingrevenueoftheCentralJapanRailwayCompany(JRCentral)fromfiscalyear2013to2022(intrillionJapaneseyen)JRCentraloperatingrevenueinJapanFY2013-20222.01.881.841.821.761.741.81.61.41.21.00.80.60.40.20.01.671.651.40.940.82201320142015201620172018201920202021202225Description:Inthefiscalyear2022,theoperatingrevenueofCentralJapanRailwayCompany(JRCentral)amountedtoapproximately1.4trillionJapaneseyen,upfromabout0.94trillionyeninthepreviousfiscalyear.Furthermore,thecompanyforecastrevenueof1.57trillionyenforfiscal2023,whichwouldstillfallbelowthepre-pandemiclevel.JRCentralisoneofthesevenrailwaycompaniesinJapan,formerlybelongingtothestate-ownedcompanyJapanNationalRailways.ItprimarilyservestheChubu[...]

ReadmoreNote(s):Japan;fiscalyear2013to2022;thecompany'sfiscalyearsendonMarch31ofthestatedyear;consolidateddataSource(s):JRCentralTransportrevenueoftheSpanishrailwaycompanyRenfeOperadorafrom2015to2021,bysegment(inmillioneuros)RevenueoftransportationofRenfeOperadora2015-2021,bysegmentPassengertransportFreighttransportandlogistics3,0002,5002,0001,5001,000500201.52,309207218.7215.2233.6175.32,2512,169.12,080.42,006.9166.9929.11,309.60201520162017201820192020¹202126Description:In2021,thetransportrevenueoftheSpanishcompanyRenfeOperadoraamountedtoapproximately1.5billioneuros,withthepassengertransportsegmentaccountingforalmost88percentofthetransportationincomeofthestate-ownedrailwaycompany.ReadmoreNote(s):Spain;2015to2021Source(s):RenfeRevenuegeneratedbytheSociétéNationaledesCheminsdeferFrançais(SNCF)from2008to2021(inbillioneuros)TurnoveroftheSociétéNationaledesCheminsdeferFrançais(SNCF)2008-2021454041.4535.1234.753533.3132.632.2232.2331.8330.530.5229.9829.330252027.2425.224.92008200920102011201220132014*2015201620172018201920202021202227Description:TheannualrevenuegeneratedbytheSociétédesCheminsdeferFrançais(SNCF)variedsubstantiallyoverthepastdecade.Afterreachingitshighestturnoverin2019,amountingtomorethan35billioneuros,theSNCFunderwentadrasticdecreasein2020,achievingannualrevenueoffewerthan30billioneuros.ThischangewasadirectconsequenceoftheCOVID-19pandemicandtheresultingtravelrestrictionstostopthespreadofthevirus.Revenuebeganclimbingagainin2021and[...]

ReadmoreNote(s):Worldwide,France;2008to2022;*In2014,SNCFchangeditslegalstatusinapplicationofthelawofAugust4,2014.ThenewSNCFgroupnowcomprisesthreeÉPICs(ÉtablissementPublicIndustrieletCommercial):SNCFRéseau,SNCF[...]

ReadmoreSource(s):SNCFRevenueoftheDeutscheBahnAGin2017to2022,bybusinessfield(inbillioneuros)DeutscheBahnAGrevenuebybusinessfieldGermany2017-2022Revenueinbillioneuros2021

2020

2019202220182017051015202530DBSchenker(logisticsandsupplychainmanagement)DBBahnRegio(regionaltransport)DBNetzeFahrweg(partofDBNetworks)DBCargo(cargotransport)DBBahnFernverkehr(long-distance)DBArrivay(publictransport)DBNetzeEnergie(energy)DBNetzePersonenbahnhöfe(trainstations)28Description:ThisstatisticshowstherevenueoftheDeutscheBahnAGin2017to2022,bybusinessfield.In2022,DBSchenkergeneratedroughly27.5billioneurosinrevenue.ReadmoreNote(s):Germany;2017to2022Source(s):DeutscheBahnAmtrak'stotalrevenuefromFY2015toFY2022(inmillionU.S.dollars)Totalrevenue-Amtrak2015-20224,0003,503.523,386.733,5003,0002,5002,0001,5001,0005003,305.713,240.563,2112,997.492,430.72,064.560FY2015FY2016FY2017FY2018FY2019FY2020¹FY2021FY202229Description:Inthefiscalyearof2021,theNationalRailroadPassengerCorporation,alsoknownasAmtrak,generatedjustunderthreebillionU.S.dollarsinrevenue.Thisisanearly50percentincreaseinrevenuescomparedtothepreviousyear,butstillbelowrevenuesrecordedpriortotheCOVID-19pandemic.ReadmoreNote(s):UnitedStates;FY2015toFY2022;Amtrak'sfiscalyearstartsonOctober1andendsonSeptember30.Source(s):AmtrakCHAPTER

05OutlookHigh-speedlinesunderconstructionworldwidein2022,bycountry(inkilometers)High-speedtrainlinesunderconstructionworldwideinkeycountries2022Lengthofhigh-speedlinesunderconstructioninkilometers4,000

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8,00002,00010,00012,00014,000China(+ChineseTaipei)13,063TurkeyIraq1,4831,200SpainRussiaIndia772659508ThailandIran473410Japan336Italy327Austria281UnitedStatesUnitedKingdom27522531Description:In2023,Chinawasthecountrywiththelargesthigh-speednetworkunderconstruction,withover13,000kilometersofrailtrackunderway.Itmadeupmostoftheworldwidehigh-speednetworkconstructionthatyear,withTurkeycominginsecondwitharound1,500kilometersofconstruction