Rail Road Construction Global Market Report 2024

Description

“Rail Road Construction Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on rail road construction market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for rail road construction? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The rail road construction market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Train Type: Metro; Light Rail; Bullet Train or High-Speed Rail (HSR)
2) By Construction Type: New Construction; Renovation
3) By Application: Urban; Rural
Companies Mentioned: Railroad Construction Company Inc.; SNCF Group; Union Pacific Corporation; OAO Rossiyskie zheleznye dorogi; Burlington Northern and Santa Fe Railway
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Railroad construction encompasses various activities, including track laying and ballasting. This process involves placing railway sleepers and tracks onto the track bed and includes tasks such as grading, drainage, and the installation of rails, crossties, and ballast.

The primary train types associated with railroad construction include metro trains, light rail, bullet trains, and high-speed rail (HSR). Metro trains serve as a form of interurban transportation connecting urban settlements or cities within a metropolitan area. Railroad construction can involve different types such as new construction and renovation, catering to applications in both urban and rural settings.

The rail road construction market research report is one of a series of new reports from The Business Research Company that provides rail road construction market statistics, including rail road construction industry global market size, regional shares, competitors with rail road construction market share, detailed rail road construction market segments, market trends, and opportunities, and any further data you may need to thrive in the rail road construction industry. This rail road construction market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The rail road construction market size has grown strongly in recent years. It will grow from $215.28 billion in 2023 to $228.82 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth observed in the historical period in railroad construction can be attributed to factors such as industrialization and economic development, the expansion of trade routes, government investments in infrastructure, the need for efficient resource transportation in extractive industries, and military and strategic considerations. These factors collectively contributed to the development and expansion of railroad networks during that period.

The rail road construction market size is expected to see strong growth in the next few years. It will grow to $279.82 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The anticipated growth in the forecast period for railroad construction can be attributed to ongoing urbanization and population growth, the expansion of globalization and international trade, a heightened focus on sustainable transportation, efforts towards infrastructure modernization and upgrades, and the increased need for efficient energy and resource transport through rail. Major trends expected in the forecast period include the modernization of existing rail infrastructure, enhancements in railway safety measures, the promotion of public-private partnerships (PPPs), global connectivity initiatives, and innovations in materials and construction methods within the railroad sector.

The railroad construction market is poised for growth due to the increasing demand for rail freight transport. Rail freight, involving the transportation of commodities by trains, offers a cost-effective and efficient means of delivery over longer distances. The upswing in rail freight demands expansion in railroad construction to accommodate more trains. Eurostat reported an 8.7% increase in rail freight transport in the European Union (EU) in 2021 compared to 2020, underscoring the role of growing rail freight demand in propelling the railroad construction market.

The railroad construction market is anticipated to benefit from the globalization of trade. The globalization of trade involves the seamless and borderless exchange of goods, services, and capital globally. Railroad construction plays a pivotal role in supporting and enhancing global trade by providing an interconnected and efficient transportation network for the movement of goods across regions and countries. The United Nations Conference on Trade and Development reported a historic milestone in 2021, with global trade reaching $28.5 trillion, marking a substantial 25% growth from 2020 and a noteworthy 13% surge compared to pre-COVID-19 levels in 2019. This robust growth emphasizes the driving force of globalization in the railroad construction market.

Innovations in products emerge as a significant trend in the railroad construction market, with major companies striving to introduce inventive solutions to maintain their market positions. Pandrol, a rail technology company based in France, addressed challenges faced by rail maintenance personnel by launching a new line of rail-cutting discs in March 2021. These discs aim to enhance rail-cutting productivity, reduce maintenance costs, improve safety, and minimize environmental impact by producing less scrap during rail track cutting.

Major companies in the railroad construction sector are focusing on versatile excavators, particularly crawler-based excavators. Mecalac, a US-based manufacturer of compact construction equipment, introduced the 136MRail rail-road excavator in the North American market in October 2022. This crawler-based excavator, equipped with factory-integrated hi-rail, caters to Class 1 railroads, light rail, and industrial rail operations. With functions combining excavation with exceptional lifting, towing, and loading capabilities, the 136MRail is versatile and suitable for a range of service and maintenance tasks in both on and off-rail environments.

In August 2022, RailWorks Corp, a US-based construction and maintenance rail contractor, strengthened its capabilities by acquiring H&H Engineering Construction, Inc. This strategic acquisition enhances RailWorks Corp's capacity to provide expanded services to clients, as H&H Engineering Construction, Inc. is a US-based contractor specializing in rail maintenance and construction services for transit, ports, freight railroads, and industrial firms.

Major companies operating in the rail road construction market report are Railroad Construction Company Inc., SNCF Group, Union Pacific Corporation, OAO Rossiyskie zheleznye dorogi, Burlington Northern and Santa Fe Railway, CSX Corporation, Canadian Pacific Railway Ltd., Deutsche Bahn, JSC Russian Railways, Kansas City Southern Railway, Canadian National Railway Company, Norfolk Southern Corporation, China Railway Engineering Group Company Limited, China Railway Construction Corporation Group, Larsen & Toubro Ltd., China Communications Construction Group Ltd., Actividades de Construccion y Servicios SA, Skanska USA Inc., Kiewit Corporation, Bechtel Corporation, Fluor Corporation, The Lane Construction Corporation, Granite Construction Inc., Walsh Group Ltd., Turner Corporation, Whiting-Turner Contracting Company, Clark Construction Group LLC, PCL family of companies, Tutor Perini Corporation, Dragados USA Inc., Flatiron Construction Corporation, Zachry Group, Skanska AB, Vinci SA, Bouygues SA, ACS Group, Ferrovial SA .

Asia-Pacific was the largest region in the rail road construction market in 2023. The regions covered in the rail road construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the rail road construction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The rail road construction market includes revenues earned by entities by constructing and laying ballast beds, steel rail, railway fish plates, rail clips, and railroad tie plates. The market include new construction, additions, alternations, and repairs. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11284

1. Executive Summary

2. Rail Road Construction Market Characteristics

3. Rail Road Construction Market Trends And Strategies

4. Rail Road Construction Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Rail Road Construction Market Size and Growth

5.1. Global Rail Road Construction Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Rail Road Construction Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Rail Road Construction Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Rail Road Construction Market Segmentation

6.1. Global Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Metro
Light Rail
Bullet Train or High-Speed Rail (HSR)
6.2. Global Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
New Construction
Renovation
6.3. Global Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Urban
Rural

7. Rail Road Construction Market Regional And Country Analysis

7.1. Global Rail Road Construction Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Rail Road Construction Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Rail Road Construction Market

8.1. Asia-Pacific Rail Road Construction Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Rail Road Construction Market

9.1. China Rail Road Construction Market Overview
9.2. China Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Rail Road Construction Market

10.1. India Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Rail Road Construction Market

11.1. Japan Rail Road Construction Market Overview
11.2. Japan Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Rail Road Construction Market

12.1. Australia Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Rail Road Construction Market

13.1. Indonesia Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Rail Road Construction Market

14.1. South Korea Rail Road Construction Market Overview
14.2. South Korea Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Rail Road Construction Market

15.1. Western Europe Rail Road Construction Market Overview
15.2. Western Europe Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Rail Road Construction Market

16.1. UK Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Rail Road Construction Market

17.1. Germany Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Rail Road Construction Market

18.1. France Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Rail Road Construction Market

19.1. Italy Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Rail Road Construction Market

20.1. Spain Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Rail Road Construction Market

21.1. Eastern Europe Rail Road Construction Market Overview
21.2. Eastern Europe Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Rail Road Construction Market

22.1. Russia Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Rail Road Construction Market

23.1. North America Rail Road Construction Market Overview
23.2. North America Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Rail Road Construction Market

24.1. USA Rail Road Construction Market Overview
24.2. USA Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Rail Road Construction Market

25.1. Canada Rail Road Construction Market Overview
25.2. Canada Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Rail Road Construction Market

26.1. South America Rail Road Construction Market Overview
26.2. South America Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Rail Road Construction Market

27.1. Brazil Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Rail Road Construction Market

28.1. Middle East Rail Road Construction Market Overview
28.2. Middle East Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Rail Road Construction Market

29.1. Africa Rail Road Construction Market Overview
29.2. Africa Rail Road Construction Market, Segmentation By Train Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Rail Road Construction Market, Segmentation By Construction Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Rail Road Construction Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Rail Road Construction Market Competitive Landscape And Company Profiles

30.1. Rail Road Construction Market Competitive Landscape
30.2. Rail Road Construction Market Company Profiles
- 30.2.1. Railroad Construction Company Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. SNCF Group
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Union Pacific Corporation
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. OAO Rossiyskie zheleznye dorogi
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Burlington Northern and Santa Fe Railway
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Rail Road Construction Market Competitive Benchmarking

32. Global Rail Road Construction Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Rail Road Construction Market

34. Rail Road Construction Market Future Outlook and Potential Analysis

34.1 Rail Road Construction Market In 2028 - Countries Offering Most New Opportunities
34.2 Rail Road Construction Market In 2028 - Segments Offering Most New Opportunities
34.3 Rail Road Construction Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer