TABLE OF CONTENTS
EXECUTIVE SUMMARY 2
MARKET OVERVIEW 6
Market definition 6
Market analysis 6
MARKET DATA 7
Market value 7
MARKET SEGMENTATION 8
Category segmentation 8
Geography segmentation 9
MARKET OUTLOOK 10
Market value forecast 10
FIVE FORCES ANALYSIS 11
Summary 11
Buyer power 12
Supplier power 13
New entrants 14
Threat of substitutes 15
Degree of rivalry 16
LEADING COMPANIES 17
Central Japan Railway Company 17
Deutsche Bahn AG 20
Societe Nationale des Chemins de fer Francais 24
Union Pacific Corporation 27
APPENDIX 31
Methodology 31
Industry associations 32
Related Datamonitor research 32

LIST OF TABLES
Table 1: Global railroads sector value: $ million, 2007–11(e) 7
Table 2: Global railroads sector category segmentation, by value, 2011(e) 8
Table 3: Global railroads sector geography segmentation, by value, 2011(e) 9
Table 4: Global railroads sector value forecast: $ million, 2011–16 10
Table 5: Central Japan Railway Company : key facts 17
Table 6: Central Japan Railway Company : key financials ($) 18
Table 7: Central Japan Railway Company : key financials (¥) 18
Table 8: Central Japan Railway Company : key financial ratios 18
Table 9: Deutsche Bahn AG : key facts 20
Table 10: Deutsche Bahn AG : key financials ($) 22
Table 11: Deutsche Bahn AG : key financials (€) 22
Table 12: Deutsche Bahn AG : key financial ratios 22
Table 13: Societe Nationale des Chemins de fer Francais: key facts 24
Table 14: Societe Nationale des Chemins de fer Francais: key financials ($) 24
Table 15: Societe Nationale des Chemins de fer Francais: key financials (€) 25
Table 16: Societe Nationale des Chemins de fer Francais: key financial ratios 25
Table 17: Union Pacific Corporation: key facts 27
Table 18: Union Pacific Corporation: key financials ($) 28
Table 19: Union Pacific Corporation: key financial ratios 29

LIST OF FIGURES
Figure 1: Global railroads sector value: $ million, 2007–11(e) 7
Figure 2: Global railroads sector category segmentation : % share, by value, 2011(e) 8
Figure 3: Global railroads sector geography segmentation : % share, by value, 2011(e) 9
Figure 4: Global railroads sector value forecast: $ million, 2011–16 10
Figure 5: Forces driving competition in the global railroads sector, 2011 11
Figure 6: Drivers of buyer power in the global railroads sector, 2011 12
Figure 7: Drivers of supplier power in the global railroads sector, 2011 13
Figure 8: Factors influencing the likelihood of new entrants in the global railroads sector, 2011 14
Figure 9: Factors influencing the threat of substitutes in the global railroads sector, 2011 15
Figure 10: Drivers of degree of rivalry in the global railroads sector, 2011 16
Figure 11: Central Japan Railway Company : revenues & profitability 19
Figure 12: Central Japan Railway Company : assets & liabilities 19
Figure 13: Deutsche Bahn AG : revenues & profitability 23
Figure 14: Deutsche Bahn AG : assets & liabilities 23
Figure 15: Societe Nationale des Chemins de fer Francais: revenues & profitability 25
Figure 16: Societe Nationale des Chemins de fer Francais: assets & liabilities 26
Figure 17: Union Pacific Corporation: revenues & profitability 29
Figure 18: Union Pacific Corporation: assets & liabilities 30