US Rail Infrastructure Marketembed
The U.S. rail infrastructure market is projected to reach USD 5.93 billion by 2025.
Your Catalyst To a Lucrative Business U.S. Rail Infrastructure Market Size, Share, Analysis, Growth, Trends, Outlook and Forecasts to 2025 | Hexa Research “U.S. rail infrastructure market was valued at USD 5.06 billion in 2017 and expected to grow over the forecast period on account of increasing need for better transportation due the increasing population and demographics in the country.” 14 November 2018, The U.S. Rail Infrastructure Market is projected to reach USD 5.93 billion by 2025. The market is expected to witness a lucrative growth on account of increasing population and demographics in this country. United States is becoming an urbanized country and it is anticipated that it will cover larger network of metropolitan areas. Growing population and effective investment in transportation infrastructure is anticipated to add rail Infrastructure market growth over the forecast period. According to U.S. Department of Transportation, Federal Railroad Administration, U.S. rail industry consist of 140,000 rail miles operated by class 1 railroads, 510 local railroads, and 21 regional railroads. Industry also provides 221,000 jobs across United States and also offers various public benefits such as highway fatalities, logistics cost, greenhouse gases and fuel consumption, reduction in road congestion, and public infrastructure maintenance cost. Rising passenger volume, increasing number of rail routes and network, rolling infrastructure and stock, growing awareness regarding passenger rail is anticipated to boost the U.S. rail infrastructure market over the forecast period. Increasing invest to modernize and expand the capacity of the rail and to purchase the equipment is anticipated to add U.S. rail infrastructure market over the forecast period. However, growing dominance from automobiles and airplanes is anticipated to be the key restraint for U.S. Rail Infrastructure Market. Browse Details of Report @ https://www.hexaresearch.com/research-report/us-rail-infrastructure-market Follow Us: Your Catalyst To a Lucrative Business Railroads are continuously developing and researching high tech innovations to enhance rail operations which in turn is expected to add market growth. Growing investment in locomotives, freight cars, computer equipment, highway equipment, and other equipment is anticipated to add U.S. rail infrastructure market growth over the forecast period. According to American Public Transportation Association, in 2016, number of light rail passengers in 14 United States cities grew by an average of 4.3%, whereas Houston, New Orleans, Baltimore, Seattle, and Phoenix showed nearly double-digit growth. Increasing problems related to traffic congestion as well as parking capacities had led parliaments and many city administrations to rediscover the advantage of mass transit. As a result, there are cities in United States that especially seeking to make neighborhoods around rail stations more attractive and others making less crowded areas more attractive by providing new rail lines. Increasing investment on rail infrastructure is expected to boost the market over the forecast period. According to U.S. Department of Commerce, U.S. freight operators invested over 600 billion dollars from 1980 to 2015 for the maintenance and expansion of train fleets and rail infrastructure. Rail infrastructure industry in United States is consolidated in nature with limited number of industries operating in this country accounted for most of the market shares. Some of the well-known players in this industry include National Railroad Passenger Corporation, BNSF Railway Company, Norfolk Southern Corp, The Kansas City Southern Railway Company, and Union Pacific Railroad Company. In addition, approval of light rail extension projects in this country is expected to add market growth over the forecast period. For instance, in November 2017, Massachusetts Bay Transportation Authority approved build and design agreement for Boston’s green line light rail extension. Hexa Research has segmented the U.S. rail infrastructure market report based on type and ownership: Segmentation by type, 2015 - 2025 • New track construction • Track addition & maintenance Segmentation by ownership, 2015 - 2025 • Private rail road • Public rail road Key players analyzed: • National Railroad Passenger Corporation • BNSF Railway Company • Norfolk Southern Corp • The Kansas City Southern Railway Company • Union Pacific Railroad Company Browse Related Category Market [email protected] https://www.hexaresearch.com/research-category/automotiveand-transportation-industry Follow Us: Your Catalyst To a Lucrative Business Table of Content of U.S. Rail Infrastructure Market Chapter 1. Executive Summary Chapter 2. Methodology and Scope 2.1. Research methodology 2.2. Assumptions 2.3. List of data sources Chapter 3. Introduction 3.1. Research scope & market segmentation Chapter 4. U.S. Rail Infrastructure Market Trends: Drivers & Opportunities 4.1. Key industry trends 4.1.1. Market drivers 4.1.2. Market restraints 4.2. Supply chain analysis 4.3. Porter's Five Forces analysis Chapter 5. U.S. Rail Infrastructure Market, By Type 5.1. U.S. rail infrastructure market movement, by type, 2017 & 2025 5.1.1. New track construction 220.127.116.11. Market estimates and forecast, 2015 - 2025 (USD Billion) 5.1.2. Track addition & maintenance 18.104.22.168. Market estimates and forecast, 2015 - 2025 (USD Billion) Chapter 6. U.S. Rail Infrastructure Market, By Ownership 6.1. U.S. rail infrastructure market movement, by ownership, 2017 & 2025 6.1.1. Private rail road 22.214.171.124. Market estimates and forecast, 2015 - 2025 (USD Billion) 6.1.2. Public rail road 126.96.36.199. Market estimates and forecast, 2015 - 2025 (USD Billion) Chapter 7. Competitive Landscape 7.1. Company Market Share Analysis, 2017 7.2. Strategic framework 7.3. Company profiles 7.3.1. National Railroad Passenger Corporation 188.8.131.52. Company Overview 184.108.40.206. Product Benchmarking 220.127.116.11. Financial Performance 18.104.22.168. Recent Initiatives Follow Us: Your Catalyst To a Lucrative Business 7.3.2. BNSF Railway Company 22.214.171.124. Company Overview 126.96.36.199. Product Benchmarking 188.8.131.52. Financial Performance 184.108.40.206. Recent Initiatives 7.3.3. Norfolk Southern Corp 220.127.116.11. Company Overview 18.104.22.168. Product Benchmarking 22.214.171.124. Financial Performance 126.96.36.199. Recent Initiatives 7.3.4. The Kansas City Southern Railway Company 188.8.131.52. Company Overview 184.108.40.206. Product Benchmarking 220.127.116.11. Financial Performance 18.104.22.168. Recent Initiatives 7.3.5. Union Pacific Railroad Company 22.214.171.124. Company Overview 126.96.36.199. Product Benchmarking 188.8.131.52. Financial Performance 184.108.40.206. Recent Initiatives Follow Us: Your Catalyst To a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: [email protected] Website - https://www.hexaresearch.com Follow Us: