Industry Background:
Railway Infrastructure is the foundation which supports the railway transport system which connects railway stations, airports, and others public transport networks. The importance of railway infrastructure is vital in social and economic development of a country as it continues to be one of the major source of transportation. Lately, it has been observed that various countries are privatizing their railway infrastructure which in turn offer huge opportunity for companies involved in developing railway infrastructure.
According to AMA Research, the market for Railway Infrastructure is expected to register a CAGR of 3.42% during the forecast period to 2027. This growth is primarily driven by Rapid Globalization Led to Rise in Demand for Rail Networks
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Billion) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Transportation Infrastructure sector in the Asia Pacific region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as ABB (Switzerland), Akebono Brake (Japan), Alstom (France), Hitachi (Japan), Kansas City Southern Railway Company (United States), Union Pacific Railroad (United States), BNSF Railway (United States), Canadian Pacific Railway (Canada), American Railcar Industries (United States), CAF (Spain), Canadian National Railway (Canada), FreightCar America (United States), GATX Corporation (United States), Central Japan Railway (Japan), Bombardier (Canada), China Communications Construction (China), China Railway Construction (China), Delachaux (France), East Japan Railway (Japan), BLS Cargo AG (Switzerland), Faiveley Transport (France), China South Locomotive & Rolling Stock (China), China Railway Group (China), CSX Corporation (United States) and Guodian Nanjing Automation (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
March 2019- Switzerland based BLS Cargo signed an agreement to acquire Belgian rail freight operator, Crossrail to strengthen its position in European market. This acquisition is expected to strengthen company’s position in North–South freight corridor. Additionally, BLS Cargo will also be able to get access to Belgian ports following this acquisition.
Influencing Trend:
Stringent Fuel Economy Norms in Developed Region
Market Growth Drivers:
Rapid Globalization Led to Rise in Demand for Rail Networks and Growing Need to Revive the Existing Rail Infrastructure
Challenges:
High Cost Involved in Development of Rail Infrastructure and Achieving Cost-effectiveness in Rail Grinding, Lubrication, Inspection and Maintenance Operations
Restraints:
Lack of Infrastructural Support in Development of Rail Network in Emerging Countries
Opportunities:
Growing Demand for Cleaner and Faster Mode of Transportation and Privatization of Railway in Leading Asia Pacific Countries
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Railway Infrastructure Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Railway Infrastructure Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Railway Infrastructure players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Railway Infrastructure Study Sheds Light on
The Railway Infrastructure Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Railway Infrastructure industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Railway Infrastructure industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.