Rail Maintenance Services in the US - Industry Market Research Report

Full speed: The industry will recover as demand returns after the pandemic and federal legislation supports railroads

The industry generates revenue through the provision of rail infrastructure and rolling stock repair and maintenance services to the Rail Transportation industry . So the performance of the Rail Maintenance Services industry generally moves in tandem with the downstream industries it serves, following freight and passenger rail traffic. Industry demand has grown inconsistently in recent years as changing macroeconomic conditions have had conflicting demand trends for industry services. Consequently, industry revenue has inched upward at a CAGR of 0.2% to $7.8 billion over the past five years, including a 0.8% decline in 2023 alone. This industry provides specialized services for railroad transportation including servicing, administering routine repairs (exclusive of factory conversion, overhaul or rebuilding of rolling stock), performing maintenance on railcars, loading and unloading of railcars and operating independent rail terminals. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.