Infrastructure maintenance covers spending on preservation of the existing transport network. It only covers maintenance expenditure financed by public administrations. Efficient transport infrastructure provides economic and social benefits to both advanced and emerging economies by- improving market accessibility and productivity, ensuring balanced regional economic development, creating employment, promoting labor mobility and connecting communities.
Rail infrastructure refers to the foundation that supports the transport system. Rail infrastructure connects railway stations, ports, and airports. The railway system is a vital driver of social and economic development that generates opportunities for the poor and facilitates economies that increase competitiveness. Rail infrastructure connects individuals to jobs, health services, and education on a daily basis. It facilitates the supply of goods and services globally.
The key driver that boosts the rail infrastructure market is increase in demand for transportation due to rapid globalization. In addition, the rapidly aging transport infrastructure is likely to drive the rail infrastructure market globally. Old urban transport systems can no longer cope with present requirements. Moreover, natural catastrophes such as earthquakes and landslides have led to the destruction of infrastructure in some areas. To address these problems and meet requirements, governments and investors are investing large amounts of money in infrastructure projects. The main goal of rail operators is to cost-efficiently increase fleet availability and reliability.
According to this study, over the next five years the Railway Infrastructure Maintenance market will register a 2.7% CAGR in terms of revenue, the global market size will reach USD 73500 million by 2024, from USD 64500 million in 2019. In particular, this report presents the global revenue market share of key companies in Railway Infrastructure Maintenance business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Railway Infrastructure Maintenance market by product type, application, key companies and key regions.
This study considers the Railway Infrastructure Maintenance value generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Track
Signaling
Other
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Renewal
Maintenance
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
China Railway Corporation
Network Rail
Deutsche Bahn AG
Russian Railways
SNCF
ADIF
FS Group
BNSF Railway
Union Pacific Railroad
Canadian National Railway
Norfolk Southern Railway
CSX Transportation
Canadian Pacific Railway
Australian Rail Track Corporation
Aurizon
West Japan Railway Company
East Japan Railway Company
Indian Railway
Kansas City Southern Railway
Hokkaido Railway Company
Central Japan Railway Company
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Railway Infrastructure Maintenance market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Railway Infrastructure Maintenance market by identifying its various subsegments.
Focuses on the key global Railway Infrastructure Maintenance players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Railway Infrastructure Maintenance with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Railway Infrastructure Maintenance submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
