意大利铁路工业市场前景及投资研究报告-培训课件外文版2024.5佛罗伦萨

INDUSTRIES

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MARKETSRailindustryinItalyCHAPTER

01OverviewRevenueofEurope'smobilityservicesindustrybetween2018and2027,bymodeoftransport(inmillionU.S.dollars)Europemobilityservicesindustryrevenuebymode2018-2027FlightsPublicTransportationTrainsRide-hailingCarRentalsBusesCar-sharingE-Scooter-sharingBike-sharing400,000350,000300,000250,000200,000150,000100,00050,000020182019202020212022202320242025202620273Description:Therevenueisforecasttoexperiencesignificantgrowthinallsegmentsin2027.ParticularlystrikingistheexceptionallystrongincreaseofthesegmentFlightstowardstheendoftheforecastperiod.Thevalueamountingto2billionU.S.dollarsstandsoutsignificantlyfromtheaveragechanges,whichareestimatedat439.4778millionU.S.dollars.ReadmoreNote(s):Europe;2018to2027Source(s):MobilityMarketInsightsNumberoftrainsinuseinItalyin2022,byregionNumberoftrainsinuseinItaly2022,byregion60052150040030020010002602532451801621661221009992777370615943413222104Description:At521units,LombardywastheItalianregionwiththemosttrainsinuseatthebeginningof2022.ItwasfollowedbyCampaniaandTuscany,with245and253trainsintheirrespectivefleet.Bycontrast;MoliseandtheAostavalleywereatthebottomoftheranking,with22and10unitsrespectively.ReadmoreNote(s):Europe,Italy;2022Source(s):LegambienteMostusedtrainstationsinItalyin2022,basedonnumberofpassengers(inmillions)MaintrainstationsinItalybynumberofpassengers2022Annualnumberofpassengersinmillions60

8002040100120140160RomaTerminiMilanoCentrale150116TorinoPortaNuovaFirenzeS.M.NovellaBolognaCentraleRomaTiburtina70595851NapoliCentrale505Description:RomaTerminiwasthetrainstationwiththehighestannualnumberofpassengersinItalyasof2022,reaching150million.TrainsinItaly,operatedbymajorcompaniessuchasTrenitaliaandItalo,aresomeofthemobilitysolutionsforprivateandbusinesspassengers,asrailconnectsthecountry`smajorcities.Additionally,therearealsoregionalcompaniessuchasTrenordofferingmobilityserviceswithinPiedmontandLombardy.

ReadmoreNote(s):Italy;2022Source(s):ConsumerChoiceCenterTotallengthoftherailwaylinesinuseinItalybetween1990and2021(inkilometers)LengthofrailwaylinesinuseinItalyfrom1990to202118,00017,022

17,045

17,060

17,070

17,037

17,041

17,096

17,10516,781

16,779

16,782

16,83216,54516,18716,066

16,00316,00014,00012,00010,0008,0006,0004,0002,000019901995200020052010201120122013201420152016201720182019202020216Description:ThetotallengthofrailwaylinesinuseinItalywasratherstablebetween1990and2021.In2013,theusablerailnetworkinItalywas17,070kilometerslonganddecreasedto16,832kilometersattheendofthegivenperiod.

ReadmoreNote(s):Italy;1990to2021Source(s):EuropeanCommissionTotalnumberofpassenger-kmbyrailwayinItalyfrom2013to2028(inmillionpassenger-km)Totalnumberofpassenger-kmbyrailwayinItaly2013-202860,000,00050,000,00040,000,00030,000,00020,000,00010,000,000020132014201520162017201820192020202120222023202420252026202720287Description:Thetotalnumberofpassenger-kmbyrailwayinItalywasforecasttoincreasebetween2024and2028byintotal3.5trillionkm(+7.8percent).Thisoverallincreasedoesnothappencontinuously,notablynotin2028.

ReadmoreNote(s):Italy;2013to2028;allvaluesareestimatesSource(s):NumberoflocomotivesandrailcarsinItalybetween1990and2021NumberoflocomotivesandrailcarsinItalyfrom1990to20216,0004,8185,0004,0003,0002,0001,00004,6974,6744,4943,8623,6503,2853,2432,9912,6312,13720182,04820192,04820211,94720201,869201719902000200520102011201220132014201520168Description:Therewereatotalof3,862locomotivesandrailcarsinItalyin2011.Thenumberofthesehavesincedecreased,withatotalof2,048unitsrecordedin2021.Thiswasaanoveralldecreaseofnearly49percent.

ReadmoreNote(s):Italy;1990to2021Source(s):EuropeanCommissionPercentageoftherailwaylinesinuseinEuropein2021whichwereelectrified,bycountryShareoftherailnetworkwhichwaselectrifiedinEuropein2021,bycountryShareofrailwaylinesthatwereelectrified30%

40%

50%

60%0%10%20%70%80%90%100%110%SwitzerlandLuxembourgBelgiumSwedenBulgariaNetherlandsBosniaandHerzegovinaItalyAustriaPortugalNorwaySpainPoland9Description:SwitzerlandwastheonlyEuropeancountrywherenearlyallrailwaylinesinusewereelectrified,makingitthefrontrunenergy-efficientfficientandenvironmentallyfriendlyrailservicesonthecontinent.OutoftheEuropeanUnionmemberstates,Luxembourghadthehighestshareofelectrifiedrailwaysystems,at96.7percent.TheEU-27averagestoodat56.1percentin2021.Intotal,usablerailwaylinesintheEU-27hadacombinedlengthof202,596kilometersin2021.

ReadmoreNote(s):Europe;2021Source(s):EuropeanCommissionCHAPTER

02SegmentsVolumeofpassengerrailtransportinItalyfrom2008to2021(inmillionpassenger-kilometers)PassengerstransportedbyrailinItaly2008-202160,00049,52456,58655,49353,23152,20752,17849,95748,73948,12450,00040,00030,00020,00010,000047,17246,84546,75927,69322,269200820092010201120122013201420152016b20172018201920202021p11Description:In2021,theannualtransportvolumeofpassengertrainsinItalyincreasedby5.4billionmillionpassenger-kilometers(+24.36percent)since2020.Intotal,theannualtransportvolumeamountedto27.7billionmillionpassenger-kilometersin2021.Nevertheless,thelasttwoyearsrecordedasignificantlowerannualtransportvolumethantheprecedingyears.ReadmoreNote(s):Italy;2008to2021Source(s):ITF;OECDAnnualnumberofrailwaypassengersinItalyfrom2012to2021(inmillions)NumberofrailwaypassengersinItaly2012-20211,000898.47882.24872.62869.29008007006005004003002001000854.84854.76864.12864.57491.78389.88201220132014201520162017201820192020202112Description:Overtheperiodfrom2012to2019,therailwaypassengervolumeinItalyincreasedfromroughly855millionpassengerstoover898millionpassengers.In2020,passengernumberdroppedprecipitously,astheCOVID-19pandemicledtoasubstantialreductionintravel.By2021,passengernumbershadrisenagainsomewhattojustunder492million.ReadmoreNote(s):Italy;2012to2021Source(s):IstatNumberofpassengertrains(coaches,railcarsandtrailers)inItalybetween1990and2021NumberofpassengertrainsinItaly1990-202116,00014,00012,00010,0008,0006,0004,0002,000019902000200520102011201220132014201520162017201820192020202113Description:Thenumberofcoaches,railcars,andtrailersinItalyoveralldecreasedbetween2010and2021.Thestockofpassengertrainsamountedto12,465unitsin2010anddecreasedto8,273in2021.

ReadmoreNote(s):Italy;1990to2021Source(s):EuropeanCommissionAnnualnumberofpassengertrainmovementsinItalyfrom2012to2021(intrain-kilometers)NumberofpassengertrainmovementsinItaly2012-2021400,000350,000347,364342,560330,690332,642323,422317,906317,362315,800303,259300,000250,000200,000150,000100,00050,0000272,268201220132014201520162017201820192020202114Description:In2021,thenumberofpassengerstrainmovementsinthecountryamountedto315,800train-kilometers,anincreaseofabout16percentcomparedtothepreviousyear.PassengertraintrafficinItalyhaddecreasedsubstantiallyin2020,duetotheCOVID-19pandemicanddespitebeginningtorecoveredremainedbelowpre-pandemiclevelsin2022.ReadmoreNote(s):Italy;2012to2021Source(s):IstatRailfreightoperators'revenuepertrain-kilometerinEuropein2021,bycountry(ineuros)Freightoperators'revenueinEuropeancountries2021Revenueineurospertrain-kilometer010203040506070LuxembourgLatvia61.3542.5740.54LithuaniaEstonia29.13RomaniaHungaryPoland24.2524.123.82NorwayFinland23.0721.85Austria21.3721.34GermanyNetherlandsSweden19.7519.5715Description:In2021,freightoperatorsmadeonaveragearound63.35eurospertrain-kilometerinLuxembourg,theleadingcountryintheregionforfreightoperatorrevenuestreamspertrain-kilometer.ThecountrywasfollowedbyLithuaniaandLatvia,bothataround40euros.Thisrepresentedover19eurosmorethantheEuropeanaverage.

ReadmoreNote(s):Europe;2023Source(s):IRG-RailAnnualrailfreightvolumetravelingdomesticallyinItalyfrom2010to2021(inmillionmetrictons)RailfreightvolumetravelingdomesticallyinItaly2010-20214038.0535.0734.18353025201510533.233.0533.1532.6432.7132.3231.9430.8328.18020102011201220132014201520162017201820192020202116Description:TherailwayfreightvolumetravelingdomesticallyinItalypeakedin2021,whenitexceeded38millionmetrictons.ThedomesticfreightvolumeinItalyhasremainedsteadysince2021,withonlyminorfluctuationsreported.ReadmoreNote(s):Italy;2010to2021Source(s):IstatAveragehaullengthofrailfreighttransportinItalyfrom2010to2021(inkilometers)AveragejourneylengthofrailfreighttransportinItaly2010-2021300250244.4236.9236.9232.8228.7229.2227225.2220.5221.8215.5216.420015010050020102011201220132014201520162017201820192020202117Description:TheaveragelengthofhaulofrailfreighttransportjourneysinItalypeakedin2016.Thatyear,onemetrictonofrailfreightwastraveledonaverage244.4kilometers.By2021,theaveragedistancehaddecreasedto232.8kilometers.

ReadmoreNote(s):Italy;2010to2021Source(s):IstatRailwayfreightvolumepassingthroughItalyfrom2010to2021(inmillionmetrictons)RailwayfreightvolumepassingthroughItaly2010-2021120100104.2197.1694.2994.2992.9591.8192.2790.8690.5388.5187.9684.4380604020020102011201220132014201520162017201820192020202118Description:ThevolumeofrailwayfreighttransportedthroughItalypeakedin2021.In2021,over104millionmetrictonsofrailwayfreighttraveledthroughthecountry,markingthefirsttimethatItaly'srailfreightvolumesurpassedthe100millionmetrictonmilestone.ReadmoreNote(s):Italy;2010to2021Source(s):IstatNumberoffatalitiesonEurope'srailnetworksin2021,byselectedcountryFatalitiesonEurope`srailnetworksbycountryin2021Numberoffatalities020406080100120140160PolandGermanyRomaniaItalyHungaryFrance14810370494847CzechiaSlovakiaPortugalBulgariaBelgiumSpain35311816151514Austria19Description:In2021,PolandandGermanysawthegreatestnumberofrailfatalitiesinEurope,withthenumberofpeoplekilledontheirrailnetworkssurpassing100.InthewholeoftheEuropeanUnion,683peoplewerekilledintrainaccidentsin2019.

ReadmoreNote(s):Europe;2021Source(s):EurostatNumberofrailaccidentsinItalybetween2013and2021RailaccidentsinItalybetween2013-202112010910910499989710080604020076494320132014201520162017201820192020202120Description:AccidentnumbersonItaly`srailnetworkhavefluctuatedoverthepastfiveyears,withthelowestnumberofaccidents-43-occurringin20202.Accidentnumbershadpeakedin2018intheperiodsince2013.

ReadmoreNote(s):Italy;2013to2021Source(s):EurostatCHAPTER

03CompaniesLeadingEuropeanpassengerrailoperatorsin2021(inpassenger-kilometers)MainpassengerrailoperatorsintheEuropeanUnion2021Passenger-kilometers20,000

30,000010,00040,00050,00060,00070,00080,000SNCF(France)DeutscheBahn(Germany)FSItaliane(Italy)74,68746,16920,341RENFEOperadora(Spain)SBBCFFFFS(Switzerland)NederlandseSpoorwegen(Netherlands)PKP(Poland)15,81012,4868,8838,502ASTOC(Sweden)8,027ÖBB(Austria)7,645NMBS/SNCB(Belgium)ČD(Czechia)7,1055,4073,771DSB(Denmark)MÁV(Hungary)3,7163,6992,972CFRCltori(Romania)VDV(Germany)22Description:TheFrance-basedSNCFwastheleadingrailoperatorforpassengertransportinEuropein2022,withover74,687passenger-kilometersthatyear.ItwasfollowedbyGermany-basedDeutscheBahn,whichreportedover46,169passenger-kilometersduringthatsameperiod.Bothoperatorsdwarfedallothernationalcompanies.ReadmoreNote(s):Europe;2023Source(s):CERLeadingEuropeanrailfreightoperatorsin2021(inmilliontonne-kilometers)MainrailfreightoperatorsintheEurope2021Milliontonne-kilometershauled010,00020,00030,00040,00050,00060,00070,00080,00090,000DeutscheBahn(Germany)VDV*(Germany)84,85037,321ÖBB(Austria)25,70823,94623,44921,301PKP(Poland)ASTOC(Sweden)FSItaliane(Italy)SwissFederalRailways(Switzerland)SNCF(France)17,17416,600LTG(Lithuania)14,566VRGroup(Finland)10,2759,2986,351ČD(Czechia)ZSSKCargo(Slovakia)LINEAS(Belgium)RENFE(Spain)6,2455,638LDZ(Latvia)5,25023Description:In2021,theDeutscheBahnwastheleadingfreightoperatorinEurope.Ithauledjustunder84,850millionton-kilometersworthoffreightin2021,dwarfingallotherfreightoperators.VDV,basedinGermany,wassecondintheranking,ataround37,321millionmetricton-kilometer.ReadmoreNote(s):Europe;2021Source(s):CERRevenueoftheItalianrailwaycompanyTrenitaliafrom2016to2022(inmillioneuros)RevenueofTrenitalia2016-20226,0005,5315,3625,3135,0795,0005,0954,5223,9064,0003,0002,0001,000020162017201820192020*2021202224Description:In2022,themainpassengertrainoperatorinItaly,Trenitalia,reportedarevenueofaround5.1billioneuros,whichrepresentedanincreaseof12.7percentcomparedto2021.Trenitaliaisasubsidiaryofthestate-ownedItaliancompanyFerroviedelloStatoItaliane.ReadmoreNote(s):Italy;2016to2022;*Figurespriorto2021weretakenfrompreviouseditions.ReadmoreSource(s):ItalianStateRailwaysEarningsbeforeinterest,tax,depreciationandamortization(EBITDA)oftheItalianrailwaycompanyTrenitaliafrom2016to2022(inmillioneuros)EBITDAoftheItaliancompanyTrenitalia2016-20222,5002,2122,0001,5001,0005001,8881,6261,6331,5861,4831,394.50201620172018201920202021202225Description:TheEarningsBeforeInterest,Tax,DepreciationandAmortization(EBITDA)oftheItalianrailwaycompanyTrenitaliaamountedtoover2.2billioneurosin2022.Thiswasanincreaseof17.1percentcomparedtothepreviousyear.

ReadmoreNote(s):Italy;2016to2022Source(s):ItalianStateRailwaysAnnualrevenueofItalobetween2016and2020(inmillioneuros)RevenueofItalianrailoperatorItalo2016-2020800715.37006005004003002001000571.6454.9413.5364.42016201720182019202026Description:Between2016and2019,Italo`sannualrevenuefromjustunder365millioneurostojustover715millioneurosin2019.Italo'srevenuedroppedby42percent,duetotheCOVID-19pandemicrestrictingpassengertravel.

ReadmoreNote(s):Italy;2016to2020Source(s):ItaloAnnualprofitofItalianrailoperatorItalobetween2016and20120(inmillioneuros)Italo`sannualprofit2016-2020200150100151.492.950032.733.8-50-100-150-119.52020201620172018201927Description:AfterItalo'sentryintotheItalianrailsectoralreadydominatedbyitsbiggestrivalTrenitalia,Italo`sannualprofitsawasignificantincreasebetweentheyears2016and2019,fromjustunder33millioneurostoover151millioneuros.In2020,Italomadealossofnearly120millioneurosduetotheCOVID-19pandemicleadingtorestrictedpassengertravel.ReadmoreNote(s):Italy;2016to2020Source(s):ItaloCHAPTER

04High-speedrailWorld'sfastesttrainsin2022,rankedbyrecordspeed(inkilometersperhour)Fastesttrainsintheworldbyrecordspeed2022Recordspeedinkm/h200

3000L0SeriesMaglevJapan100400500486600603600581575700CRRCQingdaoSifang2021MaglevChinaJRCentralMLX01MaglevJapanTGVPOSFranceCRH380AHexieChinaShanghaiMaglevChina431430HEMU-430XSouthKoreaFuxingHaoCR400AFChinaSiemensVelaroESpain418404400Frecciarossa1000Italy29Description:AsofAugust2022,thefastesttrainonEarth,basedonitsrecordspeed,istheJapaneseL0SeriesMaglevwitharecordspeedof603kilometersperhour.TheL0SerieswasfollowedcloselybytheCRRCQingdaoSifang2021MaglevofChina,witharecordspeedof600kilometersperhour,althoughbothtrainsarenotyetinoperation.ThefastesttraininoperationistheJapaneseMLX01Maglev,witharecordspeedof581kilometersperhour.

ReadmoreNote(s):Worldwide;2022Source(s):ScreenRantTotallengthofthehigh-speedrailwaylinesinuseintheEuropeanUnion(EU-27)from1985to2021(inkilometers)Lengthofhigh-speedrailwaylinesinuseintheEuropeanUnionfrom1985to202114,00012,00010,0008,0006,0004,0002,00001985199019952000200520102015201820192020202130/statistics/451816/length-of-railway-lines-in-use-in-europe-eu-28Between1985and2021,thelengthofhigh-speedrailwaylinesintheEU-27presentedatrendofgrowth.In1985,thetotallengthamountedto599kilometers.By2021,thisvaluerosetoitspeak,with11,666kilometersofhigh-speedrailwaylinesinuse.ReadmoreNote(s):Europe,EU;1985to2021Source(s):EuropeanCommissionTotallengthofthehigh-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

560SpainFranceGermanyUnitedKingdom31Description:High-speedrailwaylinesarelinesorsectionsoflinesonwhichtrainscangofasterthan200kilometersperhouronupgradedlinesor250km/hondedicatedlines.ReadmoreNote(s):Europe,EU;2023Source(s):EuropeanCommissionTotallengthofthededicatedhigh-speedrailwaylinesinuseinselectedEuropeancountriesin2021(inkilometers)Lengthofthededicatedhigh-speedrailwaylinesinuseinEuropein2021,bycountry3,5003,0153,0002,7352,5002,0001,5001,0005001,22389620990560SpainFranceGermanyItalyBelgiumNetherlandsDenmark32Description:Spainhadthelongestdedicatedhigh-speedrailnetworkamongEuropeancountriesin2021,stretchingtoover3,000kilometers.Francehadthesecondlargestnetwork,whichwasatotal2,735kilometersi