Demand for the Rail Maintenence Services industry has grown steadily over the past five years as the growth of the US economy spurred increased demand for rail freight transport. Growth in trade volumes has been particularly important to the expansion of industry demand, as large shares of both US imports and exports are shipped by rail. Finally, increased federal investment in rail infrastructure during the period has also been an important source of demand for industry services. The industry is expected to continue to grow over the five years to 2021. With the US economy forecast to grow strongly, demand for rail freight shipping is anticipated to expand, in turn boosting demand for industry services. Oil producers' increasing reliance on rail to transport their products is expected to further strengthen industry demand.
This industry provides specialized services for railroad transportation including servicing, administering routine repairs (exclusive of factory conversion, overhaul or rebuilding of rolling stock), performing maintenance on railcars, loading and unloading of railcars and operating independent rail terminals.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.