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U.S. Rail Infrastructure Market Expected to Grow Strongly by 2025

The U.S. rail infrastructure market is projected to reach USD 5.93 billion by 2025. The market is expected to witness a lucrative growth on account of increasing population and demographics in this country.

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U.S. Rail Infrastructure Market Expected to Grow Strongly by 2025

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  1. Your Catalyst to a LucrativeBusiness U.S.RailInfrastructureMarketShare,Segmentation,Outlookand Forecaststo2025|HexaResearch “The U.S. rail infrastructure market is projected to reachUSD 5.93 billion by2025.” 11 January 2019 TheU.S.railinfrastructuremarketisprojectedtoreachUSD5.93billionby2025.Themarketisexpected Federal Railroad Administration, U.S. rail industry consist of 140,000 rail miles operated by class 1 railroads, 510 local railroads, and 21 regional railroads. Industry also provides 221,000 jobs across United States and also offers various public benefits such as highway fatalities, logistics cost, greenhouse gases and fuel consumption, reduction in road congestion, and public infrastructure maintenance cost. Rising passenger volume, increasing number of rail routes and network, rolling infrastructure and stock, growing awareness regarding passenger rail is anticipated to boost the U.S . rail infrastructure market over the forecast period. Increasing invest to modernize and expand the capacity of the rail and to purchase the equipment is anticipated to add U.S. rail infrastructure market over the forecast period. However, growing dominance from automobiles and airplanes is anticipated to be the key restraint for U.S. Rail Infrastructure Market. Railroads are continuously developing and researching high tech innovations to enhance rail operations whichinturnisexpectedtoaddmarketgrowth.Growinginvestmentinlocomotives,freightcars,computer FollowUs:

  2. Your Catalyst to a LucrativeBusiness equipment, highway equipment, and other equipment is anticipated to add U.S. rail infrastructure market growth over the forecast period. According to American Public Transportation Association, in 2016, number of light rail passengers in 14 United States cities grew by an average of 4.3%, whereas Houst on, New Orleans, Baltimore, Seattle, and Phoenix showed nearly double-digit growth. Increasing problems related to traffic congestion as well as parking capacities had led parliaments and many city administrations to rediscover the advantage of mass transit. As a result, there are cities in United States that especially seeking to make neighborhoods around rail stations more attractive and others making less crowded areas more attractive by providing new rail lines. Increasing investment on rail infrastruct ure is expected to boost the market over the forecast period. According to U.S. Department of Commerce, U.S. freight operators invested over 600 billion dollars from 1980 to 2015 for the maintenance and expansion of train fleets and railinfrastructure. Browse Details of Report @https://www.hexaresearch.com/research-report/us-rail-infrastructure-market Rail infrastructure industry in United States is consolidated in nature with limited number ofindustries operating in this country accounted for most of the market shares. Some ofthe well-known players in this industry include National Railroad Passenger Corporation, BNSF Railway Company,Norfolk Southern Corp, The Kansas City Southern Railway Company, and Union Pacific Railroad Company.In addition, approval of light rail extension projects in this country is expected to add market growthover the forecast period. For instance, in November 2017, Massachusetts Bay TransportationAuthority approved build and design agreement for Boston’s green line light railextension. • Hexa Research has segmented the U.S. rail infrastructure market reportbased on type and ownership: • Segmentation by type, 2015 -2025 • New trackconstruction • Track addition &maintenance • Segmentation by ownership, 2015 -2025 • Private railroad • Public railroad • Key playersanalyzed: • National Railroad PassengerCorporation • BNSF RailwayCompany • Norfolk SouthernCorp • The Kansas City Southern RailwayCompany • Union Pacific RailroadCompany FollowUs:

  3. Your Catalyst to a LucrativeBusiness Browse Related Category Market Reports @https://www.hexaresearch.com/research-category/automotive-and- transportation-industry About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growthinitiatives. Contact Us: Ryan Shaw HexaResearch Felton OfficePlaza 6265 Highway9 Felton, California 95018 UnitedStates Phone: +1-800-489-3075 Email:sales@hexaresearch.com Website -https://www.hexaresearch.com FollowUs:

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