This strategic analysis provides an insight into the growth opportunities in Southeast Asia’s rail market in emerging countries. The study discusses key trends, mega trends implications, market drivers and restraints, opportunities, market size, and future rail development. It also provides an overview of the railway operators in Malaysia, Thailand, Vietnam, and Indonesia, and discusses each country’s rail network, mainline rolling stock, and rail signaling systems. The study also highlights competitive factors and competitor market shares. Key conclusions have been provided. The base year is 2014; the forecast period is from 2015 to 2020.