North America Rail Infrastructure Market Overview
According to SPER Market Research, the North America Rail Infrastructure Market is estimated to reach USD 119.50 billion by 2033 with a CAGR 4.75%.
Rail infrastructure refers to the physical structures and systems that comprise the railway system. It includes railway tracks, train stations, signals, and other facilities required for trains to run properly. Railway tracks are the pathway that trains travel on. They are comprised of metal rails that are placed down and joined together. These tracks direct the trains and offer a stable surface for them to move on. The rails are often erected on the ground or on elevated platforms. Rail infrastructure is crucial because it offers a dependable and efficient form of transportation. Trains are capable of transporting a huge number of passengers and commodities over vast distances. In addition, they are less influenced by traffic congestion than roadways. Railways are also a cleaner alternative because they consume less fuel and emit less pollutants than vehicles and trucks.
Exploring the Growth Drivers of the North America Rail Infrastructure Industry
The North America rail infrastructure market has grown significantly in recent years, due to Economic demand, population growth, urbanization, environmental sustainability, intermodal connection, and government investment and support drive the growth of rail infrastructure in North America. These elements contribute to the growth and development of rail networks, which provide efficient, dependable, and environmentally friendly transportation solutions for both products and passengers.
What challenges does the North America Rail Infrastructure Market face?
The North America rail infrastructure market faces a number of challenges that restrict its development and efficiency. The region's deteriorating infrastructure is one of the main obstacles. In order to fulfil current safety standards and meet the growing demands for both freight and passenger transportation, several rail lines, bridges, tunnels, and related components that were built decades ago now need considerable maintenance and modernization. Another big problem is obtaining sufficient investment and funding. The cost of maintaining and modernizing rail infrastructure is significant, but with limited government resources and competing priorities, allocating adequate cash for these projects is difficult. Private investment prospects are extremely restricted, particularly for less profitable or rural routes, complicating infrastructure development even further.
In what ways has the COVID-19 pandemic affected North America Rail Infrastructure Market?
The COVID-19 pandemic has had significant impacts on the North American rail infrastructure market. Firstly, the pandemic led to a decrease in passenger rail travel due to travel restrictions and concerns over public health. This resulted in a decline in revenue for passenger rail operators, leading to reduced investments in infrastructure projects. Freight rail operations, on the other hand, experienced both positive and negative effects. While there was a decrease in demand for certain commodities such as oil and automotive products, there was an increase in the transportation of essential goods like food and medical supplies. This shift in demand required rail operators to adjust their operations and prioritize freight transportation.
-005274929052023.jpg)
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Application, By Service Provider
|
| Regions covered | United States, Canada, Mexico, Rest of North America
|
| Companies Covered | Kiewit Corporation, Kansas City Southern, Canadian National Railway, The Walsh group, Railworks Corporation, SKANSKA Inc., Bchtel Corporation, Others
|
Key Target Audience
- Government Agencies
- Rail Operators
- Infrastructure Developers and Contractors
- Suppliers and Manufacturers
North America Rail Infrastructure Market Segmentation:
1. By Type:
- North America Rail Infrastructure Market Value Share and Forecast, By Type, 2023-2033
- Metro
- Commuter Rail
- Light Rail
- Bullet Train
2. By Application:
- North America Rail Infrastructure Market Value Share and Forecast, By Application, 2023-2033
- Freight
- Passenger
3. By Service Provider:
- North America Rail Infrastructure Market Value Share and Forecast, By Service Provider, 2023-2033
- Railway Fleet Operator
- Infrastructure Manager
4. By Region:
- United States
- Canada
- Mexico
- Rest of North America
Key Topics Covered in the Report
- North America Rail Infrastructure Market Size (FY’2023-FY’2033)
- Overview of North America Rail Infrastructure Market
- Segmentation of North America Rail Infrastructure Market By Type (Metro, Commuter Rail, Light Rail, Bullet Train)
- Segmentation of North America Rail Infrastructure Market By Application (Freight, Passenger)
- Segmentation of North America Rail Infrastructure Market By Service Provider (Railway Fleet Operator, Infrastructure Manager)
- Statistical Snap of North America Rail Infrastructure Market
- Growth Analysis of North America Rail Infrastructure Market
- Problems and Challenges in North America Rail Infrastructure Market
- Competitive Landscape in the North America Rail Infrastructure Market
- Impact of COVID-19 and Demonetization on North America Rail Infrastructure Market
- Details on Recent Investment in North America Rail Infrastructure Market
- Competitive Analysis of North America Rail Infrastructure Market
- Key Players in the North America Rail Infrastructure Market
- SWOT Analysis of North America Rail Infrastructure Market
- North America Rail Infrastructure Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the North America Rail Infrastructure Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. North America Rail Infrastructure Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Rail Infrastructure Market
7. North America Rail Infrastructure Market, By Type (USD Million)
7.1. North America Rail Infrastructure Market Value Share and Forecast, By Type, 2023-2033
7.2. Metro
7.3. Commuter Rail
7.4. Light Rail
7.5. Bullet Train
8. North America Rail Infrastructure Market, By Application (USD Million)
8.1. North America Rail Infrastructure Market Value Share and Forecast, By Application, 2023-2033
8.2. Freight
8.3. Passenger
9. North America Rail Infrastructure Market, By Service Provider (USD Million)
9.1. North America Rail Infrastructure Market Value Share and Forecast, By Service Provider, 2023-2033
9.2. Railway Fleet Operator
9.3. Infrastructure Manager
10. North America Rail Infrastructure Market Forecast, 2019-2033 (USD Million)
10.1. North America Rail Infrastructure Market Size and Market Share
11. North America Rail Infrastructure Market, By Type, 2019-2033 (USD Million)
11.1. North America Rail Infrastructure Market Size and Market Share by Type (2019-2026)
11.2. North America Rail Infrastructure Market Size and Market Share by Type (2027-2033)
12. North America Rail Infrastructure Market, By Application, 2019-2033 (USD Million)
12.1. North America Rail Infrastructure Market Size and Market Share by Application (2019-2026)
12.2. North America Rail Infrastructure Market Size and Market Share by Application (2027-2033)
13. North America Rail Infrastructure Market, By Service Provider, 2019-2033 (USD Million)
13.1. North America Rail Infrastructure Market Size and Market Share by Service Provider (2019-2026)
13.2. North America Rail Infrastructure Market Size and Market Share by Service Provider (2027-2033)
14. North America Rail Infrastructure Market, By Region, 2019-2033 (USD Million)
14.1. North America Rail Infrastructure Market Size and Market Share by Region (2019-2026)
14.2. North America Rail Infrastructure Market Size and Market Share by Region (2027-2033)
14.3. United States
14.4. Canada
14.5. Mexico
14.6. Rest of North America
15. Company Profile
15.1. Kiewit Corporation
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Kansas City Southern
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Canadian National Railway
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. The Walsh Group
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Railworks Corporation
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. SKANSKA Inc.
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Bchtel Corporation
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
