Urban rail transit is an all-encompassing term for various types of local rail systems providing passenger service within and around urban or suburban areas. The set of urban rail systems can be roughly subdivided into the following categories, which sometimes overlap because some systems or lines have aspects of multiple types.
The global urban rail transit market is expected to grow during the forecast period, due to the growing demand for the public transportation facilities. The market has been segmented based on the product type as metro rail, light rail, and monorail. The metro rail has the major share in the market, due to the increased investments for metro projects. According to the region-wise segmentation, APAC is the major contributor, followed by EMEA and the Americas. The major markets in APAC are China and India. The demand for urban transit systems has grown in this region due to growing urbanization.

Market Analysis and Insights: Global Urban Rail Transit Market
The global Urban Rail Transit market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Urban Rail Transit market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Urban Rail Transit market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Urban Rail Transit market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Urban Rail Transit market.

Global Urban Rail Transit Scope and Market Size
Urban Rail Transit market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Urban Rail Transit market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Metro Rail
Light Rail
Monorail

Segment by Application
Urban
Suburban

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Alstom
Bombardier
CRRC
Mitsubishi Heavy Industries
Siemens