Railroad Track Construction
The Railroad Track Construction industry has benefited from increased government investment and public-private partnerships over the five years to 2019. Industry operators construct railway track, ties and other infrastructure related to railroads. This industry benefited from capital outlays, which were initiated during the previous five-year period, made by the federal government through programs such as the American Reinvestment and Recovery Act. Over the five years to 2024, growth is expected to continue. Growth in federal funding for transportation is expected to accelerate over the next five years, while projects at the local and state government level continue to increase demand for railroad track construction. Additionally, the US government is on course to update its mass transit systems by constructing several rail projects.
This industry constructs railway track, railway ties, bedding and other infrastructure related to railroads. Contractors perform new work, reconstruction and repairs. This industry also includes construction management companies and special trade contractors that construct rail track and transit systems.
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.
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