Opportunity Analysis on Russian Rail Market, Forecast to 2026

Opportunity Analysis on Russian Rail Market, Forecast to 2026

  • March 2020 •
  • 92 pages •
  • Report ID: 5878609 •
  • Format: PDF
Russia is expected to invest approximately $84 billion in railway projects by 2026 as the rail market undergoes major developments with several projects planned. This research looks at the key areas of fleet renewal in the passenger (locomotives, multiple units, coaches) and freight (locomotives, wagons) rail segments, high-speed rail (HSR) projects, infrastructure development, digitization of rolling stock and railway infrastructure, as well as upgradation of signaling and train control systems.With the expected increase in freight volumes over the coming decade, Russia’s existing infrastructure and rail network have insufficient capacities and capabilities to handle the growing traffic. Expansion of railway networks, increasing freight rail rolling stock, and improving connectivity to make freight movement more efficient are the top priorities for projects in this segment. The passenger segment is expected to see vast expansion in high-speed rail network and new high-speed rolling stock that will reach speeds up to 400 kph. High-speed rail projects are planned to have connectivity of 700 km on average, with some projects looking to link regions of Asia Pacific. New electric multiple unit (EMU) deliveries and electrification of passenger railway infrastructure are also expected to see significant increase in demand in the next 5 to 10 years across the region. The improved connectivity in passenger rail services will reap greater returns once implemented, when the problem of last-mile connectivity for passengers is resolved. To address this issue, opportunities exist for transit authorities to make arrangements in last-mile connectivity via shared mobility providers and automated people movers (APMs). These new mobility solution providers are expected to collaborate with Russian transit agencies to cater to commuters’ last-mile needs.