1、R AIL 2040Scenarios and CEO agenda2023We would like to acknowledge all those who contributed in the review of this Report,especially:Maximilian Scherr,Yusuke Harada,Francois-Joseph Van Audenhove,Raimundo Cisneros,Andrea Visentin,and Stefano Decadri.MICHAEL ZINTELPartner,Head of Global Rail Travel&am

2、p;TransportationFrankfurt JULIEN PLUCHETPrincipal,Travel&TransportationParis ALEXANDER HENSLERManager,Travel&TransportationMVINCENT BAMBERGERPartner,Travel&TransportationParis RALF BARONPartner,Travel&TransportationFSTEPHEN WATSONPrincipal,Travel&TransportationCambridge CONTENTEX

3、ECUTIVE SUMMARY 31.ORGANIZING&MANAGING RAILWAY SYSTEMS FOR MAXIMUM IMPACT 42.KEY TRENDS RESHAPING THE INDUSTRY 63.THE GENERAL MARKET ENVIRONMENT FOR RAILWAY SERVICES 124.MARKET SCENARIOS BY COUNTRY 165.IMPLICATIONS FOR CEO AGENDAS 282The demand for energy-efficient mobility is growing significan

4、tly,and transportation must meet these rising needs.Rail transport has clear advantages to meet these challenges over other modes of transportation.The coming years are essential for all stakeholders:public authorities,rail incumbents,and potential new entrants.Each one faces a strong growth perspec

5、tive and uncertainty about how the rail market will evolve.Public authorities need to make informed decisions around regulations and public funding.To make the most of the decarbonizing power of rail,incumbents must continue to prioritize strategic choices to maintain their leadership,improve their

6、profitability,and expand into new territories.New entrants must make careful choices to become relevant in the sector.In this Report,we first explore key trends that will reshape the industry and assess the general market environment for railway services.Next,we develop a scheme that puts regulation