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Railroad Track Construction - Industry Market Research Report

  • September 2016
  • -
  • Ibisworld
  • -
  • 31 pages

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Full steam ahead: Increased economic activity and federal funding have bolstered revenue



Abstract

Railroad Track Construction

The Railroad Track Construction industry has at times benefited from increasing government investment and public-private partnerships over the past five years. Recent slowdowns in rail freight transportation, a major market for industry operators, have constrained federal funding for new transportation programs and thus have also slowed revenue growth. At times, a booming energy sector benefited this industry by increasing demand for transportation systems needed to connect oil rigs and gas fields to their downstream markets. Additionally, increasing awareness of the costs incurred by the United States because of decades of inadequate infrastructure investment and the positive impact that infrastructure investment has on GDP has brought many infrastructure-related industries to the forefront of debates in Washington. Over the five years to 2021, growth will slow naturally as a consequence of moving further away from the recession rather than poorer operating conditions.



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 firms 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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