DUBLIN--(BUSINESS WIRE)--The "U.S. Rail Infrastructure Market Size and Forecast by Type (New track construction, Track Addition & Maintenance), by Ownership (Private Rail Road, Public Rail Road), and Trend Analysis, 2015-2025" report has been added to ResearchAndMarkets.com's offering.
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.
Industry also provides 221,000 jobs across United States and also offers various public benefits such as reducing 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.
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.
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.
- National Railroad Passenger Corporation
- BNSF Railway Company
- Norfolk Southern Corp
- The Kansas City Southern Railway Company
- Union Pacific Railroad Company
Key Topics Covered:
1. Executive Summary
2. Methodology and Scope
4. U.S. Rail Infrastructure Market Trends: Drivers & Opportunities
5. U.S. Rail Infrastructure Market, By Type
6. U.S. Rail Infrastructure Market, By Ownership
7. Competitive Landscape
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