In 2023, the light railroad length in the US was X thousand lane miles. Forecasted estimates show a gradual annual increase over the subsequent years: 2024 to 2025 anticipates a 2.07% rise; 2025 to 2026 suggests a 2.03% increment; 2026 to 2027 is expected to grow by 1.59%; and 2027 to 2028 projects an increase of 1.96%. This results in a 5-year compound annual growth rate (CAGR) of 1.91%.
Looking ahead, factors influencing future trends include technology advancements in transportation, government investment strategies, urbanization rates, and environmental considerations influencing growth of light rail infrastructure in the US.
