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Rail Transportation in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Rail Transportation Market Research Report | NAICS 48211 | Aug 2014

On track: Higher production and spending will bolster demand for rail transportation

IBISWorld’s Rail Transportation market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$79bn
Annual Growth 09-14
8.7%
Annual Growth 14-19
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Profit
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Employment
189,187
Businesses
575
Industry Analysis & Industry Trends

The Rail Transportation industry is on the right track, unimpeded by rising fuel prices and environmental concerns that hamper other modes of transportation. The resurgence of the industry's popularity will be supported by a high level of technological change, leading to more powerful and fuel-efficient locomotives. Furthermore, higher production levels and greater consumer spending will support industry demand... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Rail Transportation industry is in the growth phase of its life cycle. Overall, industry value added (IVA), which measures the industry's contribution to the economy, is forecast to grow at an annualized rate of 5.2% over the 10 years to 2019. Over the same period, US GDP is forecast to rise at an annualized rate of 2.5%. A portion of this IVA growth is the result of massive declines in 2009 yet the majority of growth expected is organic. Typically, an industry is considered to be in a growth phase of its life cycle when revenue increases faster than US GDP over a 10-year period.

Three of the primary modes of freight transportation in the United States are barges, rails and trucks... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Rail Transportation Industry?

The Rail Transportation industry comprises companies that operate railroads across the United States. This includes large railroads (Class 1 railroads) and regional and local line-haul railroads that carry freight and passengers. This industry does not include scenic and sightseeing rail transportation, street railroads, commuter rail or rapid transit.

Industry Products
Bulk freightIntermodal servicesPassenger servicesOther services
 
Industry Activities
Operating line-haul railroadsOperating short line railroadsOperating intercity passenger trains


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