Railway Infrastructure Maintenance Market Research Reports 2019-2024
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.
Scope of the Report:
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.
The global Railway Infrastructure Maintenance market is valued at 64500 million USD in 2018 and is expected to reach 73500 million USD by the end of 2024, growing at a CAGR of 2.7% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Railway Infrastructure Maintenance.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Railway Infrastructure Maintenance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Railway Infrastructure Maintenance market by product type and applications/end industries.
MARKET SEGMENT BY COMPANIES, THIS REPORT COVERS
China Railway Corporation
Deutsche Bahn AG
Union Pacific Railroad
Canadian National Railway
Norfolk Southern Railway
Canadian Pacific Railway
Australian Rail Track Corporation
West Japan Railway Company
East Japan Railway Company
Kansas City Southern Railway
Hokkaido Railway Company
Central Japan Railway Company
MARKET SEGMENT BY REGIONS, REGIONAL ANALYSIS COVERS
North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa
MARKET SEGMENT BY TYPE, COVERS
MARKET SEGMENT BY APPLICATIONS, CAN BE DIVIDED INTO
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