Market Overview:
The global railway infrastructure maintenance market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for railway transportation and the need for modernization and upgradation of railway infrastructure across the globe. The track segment is expected to hold the largest share in the global railway infrastructure maintenance market in 2018, owing to the increasing demand for safe and efficient transportation. The signaling segment is projected to grow at a highest CAGR during the forecast period, due to rising concerns over safety and security in railways. In terms of application, renewal accounted for majority share of revenue in 2017 and it is projected that this trend would continue during forecast period as well.
Product Definition:
Railway infrastructure maintenance is the process of ensuring that railway tracks, switches, signals, and other related infrastructure are kept in working order. This is important for two reasons. First, it helps to ensure that rail transportation remains safe and efficient. Second, it helps to keep costs down by preventing unnecessary damage or wear and tear on the track system.
Track:
Track is a structure that provides a surface for moving vehicles to run on. It can be made of different materials like concrete, asphalt, and others. The type of track depends upon the use it serves such as rail track for railway infrastructure maintenance or road track for road infrastructure maintenance.
The growth factor in the Railway Infrastructure Maintenance market is determined by various parameters such as government funding, private investments (if any), technological advancements (if any),.
Signaling:
Railway infrastructure maintenance is a service that consists of the activities necessary to ensure efficient and effective working of railway infrastructure. It includes tasks such as cleaning, lubricating, repairing and replacing parts or components of railways including tracks, signaling equipment, trainsets or locomotives among others. Signaling plays an important role in this process as it helps communicate with other systems/equipment used for maintenance purposes such as trackside equipment (sensors & telematics), train control system etc.
Application Insights:
The application segment is segregated into two broad categories, namely renewal and maintenance. In 2017, the maintenance segment dominated the railway infrastructure maintenanc market with a share of over 80%. This dominance is attributed to the increasing need for maintaining railway infrastructure in order to provide reliable and efficient services amidst growing passenger traffic on a global level.
Renewal accounted for 19% of the revenue share in 2017 owing to increased spending by operators on new construction projects that will increase track capacity and improve speed across various rail networks around the world. For instance, China has been investing significantly in its railways sector since 2014 under its five-year plan which aims at building about 120,000 kilometers (km) of new track by 2020. Similarly, Germany has also announced plans for improving rail connectivity between cities including Cologne and Frankfurt with a total budget expenditure of USD 6 billion from 2016 to 2019 alone. Such significant investments are anticipated to drive growth over next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing investments in infrastructure development, rising passenger traffic, and growing industrialization & urbanization. Moreover, governments are continuously investing in railway infrastructure for faster & safer connectivity which will drive demand over the next eight years.
Europe accounted for a significant share of revenue generated by rail maintenance services globally as it has one of the most developed rail infrastructures with high passenger traffic across various countries including Germany, France, Italy and Spain among others. However there is a dearth of skilled labor force especially mechanical/electrical engineers who could repair or maintain equipment on time due to which service providers are compelled to outsource maintenance activities thus driving demand within Europe region over next eight years.
Growth Factors:
- Increasing demand for railway transportation: The increasing population and the consequent increase in the number of passengers and goods transported by railways are some of the primary growth drivers for this market.
- Government initiatives to improve railway infrastructure: Governments across different countries are investing in improving their railway infrastructure, thereby providing a boost to this market.
- Technological advancements in railway maintenance: Railway maintenance is becoming increasingly automated with the help of new technologies, which is driving growth in this market.
- Rising awareness about safety and security measures during rail travel: There has been a rise in awareness among people about safety and security measures during rail travel, which is resulting in an increase in demand for railway infrastructure maintenance services. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Railway Infrastructure Maintenance Market Research Report
By Type
Track, Signaling, Civils, Others, Railway Infrastructure Maintenanc
By Application
Renewal, Maintenance
By Companies
China Railway Corporation, Network Rail, Deutsche Bahn AG, Russian Railways, SNCF, ADIF, FS Group, BNSF Railway, Union Pacific Railroad, Canadian National Railway, Norfolk Southern Railway, CSX Transportation, Canadian Pacific Railway, Australian Rail Track Corporation, Aurizon, West Japan Railway Company, East Japan Railway Company, Indian Railway, Kansas City Southern Railway, Hokkaido Railway Company, Central Japan Railway Company, Railway Infrastructure Maintenanc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Railway Infrastructure Maintenance Market Report Segments:
The global Railway Infrastructure Maintenance market is segmented on the basis of:
Types
Track, Signaling, Civils, Others, Railway Infrastructure Maintenanc
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Renewal, Maintenance
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- China Railway Corporation
- Network Rail
- Deutsche Bahn AG
- Russian Railways
- SNCF
- ADIF
- FS Group
- BNSF Railway
- Union Pacific Railroad
- Canadian National Railway
- Norfolk Southern Railway
- CSX Transportation
- Canadian Pacific Railway
- Australian Rail Track Corporation
- Aurizon
- West Japan Railway Company
- East Japan Railway Company
- Indian Railway
- Kansas City Southern Railway
- Hokkaido Railway Company
- Central Japan Railway Company
- Railway Infrastructure Maintenanc
Highlights of The Railway Infrastructure Maintenance Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Track
- Signaling
- Civils
- Others
- Railway Infrastructure Maintenanc
- By Application:
- Renewal
- Maintenance
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Railway Infrastructure Maintenance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Railway infrastructure maintenance is the process of keeping railway tracks, stations, and other related facilities in good condition. This includes everything from cleaning and repairing track surfaces to replacing worn parts.
Some of the major players in the railway infrastructure maintenance market are China Railway Corporation, Network Rail, Deutsche Bahn AG, Russian Railways, SNCF, ADIF, FS Group, BNSF Railway, Union Pacific Railroad, Canadian National Railway, Norfolk Southern Railway, CSX Transportation, Canadian Pacific Railway, Australian Rail Track Corporation, Aurizon, West Japan Railway Company, East Japan Railway Company, Indian Railway, Kansas City Southern Railway, Hokkaido Railway Company, Central Japan Railway Company, Railway Infrastructure Maintenanc.
The railway infrastructure maintenance market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Railway Infrastructure Maintenance Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Railway Infrastructure Maintenance Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Railway Infrastructure Maintenance Market - Supply Chain
4.5. Global Railway Infrastructure Maintenance Market Forecast
4.5.1. Railway Infrastructure Maintenance Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Railway Infrastructure Maintenance Market Size (000 Units) and Y-o-Y Growth
4.5.3. Railway Infrastructure Maintenance Market Absolute $ Opportunity
5. Global Railway Infrastructure Maintenance Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Railway Infrastructure Maintenance Market Size and Volume Forecast by Type
5.3.1. Track
5.3.2. Signaling
5.3.3. Civils
5.3.4. Others
5.3.5. Railway Infrastructure Maintenanc
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Railway Infrastructure Maintenance Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Railway Infrastructure Maintenance Market Size and Volume Forecast by Application
6.3.1. Renewal
6.3.2. Maintenance
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Railway Infrastructure Maintenance Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Railway Infrastructure Maintenance Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Railway Infrastructure Maintenance Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Railway Infrastructure Maintenance Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Railway Infrastructure Maintenance Demand Share Forecast, 2019-2026
9. North America Railway Infrastructure Maintenance Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Railway Infrastructure Maintenance Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Railway Infrastructure Maintenance Market Size and Volume Forecast by Application
9.4.1. Renewal
9.4.2. Maintenance
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Railway Infrastructure Maintenance Market Size and Volume Forecast by Type
9.7.1. Track
9.7.2. Signaling
9.7.3. Civils
9.7.4. Others
9.7.5. Railway Infrastructure Maintenanc
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Railway Infrastructure Maintenance Demand Share Forecast, 2019-2026
10. Latin America Railway Infrastructure Maintenance Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Railway Infrastructure Maintenance Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Railway Infrastructure Maintenance Market Size and Volume Forecast by Application
10.4.1. Renewal
10.4.2. Maintenance
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Railway Infrastructure Maintenance Market Size and Volume Forecast by Type
10.7.1. Track
10.7.2. Signaling
10.7.3. Civils
10.7.4. Others
10.7.5. Railway Infrastructure Maintenanc
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Railway Infrastructure Maintenance Demand Share Forecast, 2019-2026
11. Europe Railway Infrastructure Maintenance Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Railway Infrastructure Maintenance Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Railway Infrastructure Maintenance Market Size and Volume Forecast by Application
11.4.1. Renewal
11.4.2. Maintenance
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Railway Infrastructure Maintenance Market Size and Volume Forecast by Type
11.7.1. Track
11.7.2. Signaling
11.7.3. Civils
11.7.4. Others
11.7.5. Railway Infrastructure Maintenanc
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Railway Infrastructure Maintenance Demand Share, 2019-2026
12. Asia Pacific Railway Infrastructure Maintenance Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Railway Infrastructure Maintenance Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Railway Infrastructure Maintenance Market Size and Volume Forecast by Application
12.4.1. Renewal
12.4.2. Maintenance
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Railway Infrastructure Maintenance Market Size and Volume Forecast by Type
12.7.1. Track
12.7.2. Signaling
12.7.3. Civils
12.7.4. Others
12.7.5. Railway Infrastructure Maintenanc
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Railway Infrastructure Maintenance Demand Share, 2019-2026
13. Middle East & Africa Railway Infrastructure Maintenance Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Railway Infrastructure Maintenance Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Railway Infrastructure Maintenance Market Size and Volume Forecast by Application
13.4.1. Renewal
13.4.2. Maintenance
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Railway Infrastructure Maintenance Market Size and Volume Forecast by Type
13.7.1. Track
13.7.2. Signaling
13.7.3. Civils
13.7.4. Others
13.7.5. Railway Infrastructure Maintenanc
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Railway Infrastructure Maintenance Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Railway Infrastructure Maintenance Market: Market Share Analysis
14.2. Railway Infrastructure Maintenance Distributors and Customers
14.3. Railway Infrastructure Maintenance Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. China Railway Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Network Rail
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Deutsche Bahn AG
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Russian Railways
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SNCF
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ADIF
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. FS Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BNSF Railway
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Union Pacific Railroad
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Canadian National Railway
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Norfolk Southern Railway
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CSX Transportation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Canadian Pacific Railway
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Australian Rail Track Corporation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Aurizon
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. West Japan Railway Company
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. East Japan Railway Company
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Indian Railway
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Kansas City Southern Railway
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Hokkaido Railway Company
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
