On the right track: Expansion of rail freight activity will drive industry revenue growth

IBISWorld’s Rail Maintenance Services Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Rail Maintenance Services industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.


Market Share of Companies
Industry Statistics & Market Size
Annual Growth
Annual Growth

Industry Threats & Opportunities

  • Increased federal investment in rail infrastructure has been an important source of demand for industry services
  • Increased rail transport has boosted funding for the maintenance of rail infrastructure
  • Insufficient pipeline infrastructure has made rail increasingly important in the transport of oil

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    Industry Analysis & Industry Trends

    Industry demand has grown steadily over the five years to 2017 as the growth of the US economy spurred increased demand for rail freight transport. Growth in trade volumes and increased federal investment in rail infrastructure have both contributed to increased industry demand. Industry revenue is forecast to grow over the five years to 2017 and will continue to grow over the five years to 2022. With the US economy forecast to grow strongly, demand for rail freight shipping is anticipated to expand, in turn boosting demand for industry services...

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    Industry Report - Industry Key Buyers Chapter

    The Rail Maintenance Services industry has a low level of market share concentration, with the industry's four largest companies expected to generate just over 20.0% of overall industry revenue in 2017. The low level of concentration reflects a fragmented rail system with a limited number of major rail hubs. The relative fragmentation of this industry is not indicative of the rail transportation sector, which is dominated by seven major rail network operators. Rail operators and leasing companies continue to supply support services, such as repair and maintenance, on an in-house basis, contributing to most of the industry's fragmentation. The average company in this industry has fewer than 10 employees, which reflects the industry's fragmentation.


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    Additional Insights for the Rail Maintenance Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Rail Maintenance Services Industry are

  • Good project management skills
  • Economies of scale
  • Must comply with government regulations
  • IBISWorld analysts also discuss how external factors such as Demand from rail transportation and Federal funding for transportation in the Rail Maintenance Services industry impact industry performance..

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    Industry Products

    What is the Rail Maintenance Services Industry?

    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.

    Industry Products
    Maintenance and repair work
    Cleaning and other services
    Loading and unloading
    Industry Activities
    Providing freight car cleaning services
    Providing grain leveling and trimming in railroad cars
    Providing loading and unloading services at rail terminals
    Repairing locomotives and railcars (except factory conversion, overhaul and rebuilding)
    Providing railroad switching services
    Providing independent railroad terminals
    Providing shunting trailers in rail terminals

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from rail transportation
  • Federal funding for transportation
  • Private investment in industrial equipment and machinery
  • Total trade value

  • Current Performance
  • Increased investment in rail
  • Dips during 2014 and 2016
  • Growth in passenger rail
  • An aging fleet gets a facelift
  • Growth in companies and employment
  • Chart: Revenue Growth

  • Industry Outlook
  • Oil transport
  • Industry expansion
  • High-speed rail
  • Table: Rail Maintenance Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Rail Maintenance Services Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Rail Transportation

  • Key Selling Industries
  • Electrical Equipment Manufacturing
  • Metal Pipe & Tube Manufacturing
  • Screw, Nut & Bolt Manufacturing
  • Soap & Cleaning Compound Manufacturing
  • Train, Subway & Transit Car Manufacturing

  • Products & Services
  • Maintenance and repair work
  • Loading and unloading
  • Cleaning and other services
  • Chart: Rail Maintenance Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Class 1 railroads
  • Passenger railroads
  • Regional and shortline railroads
  • Chart: Major Market Segmentation for the Rail Maintenance Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesRent and utilitiesDepreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Rail Maintenance Services

  • Basis of Competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Rail Maintenance Services Industry

  • Industry Globalization
    Major Companies
    GATX Corporation
  • Table: GATX Corporation - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Rail Maintenance Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Rail Maintenance Services Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Federal Funding for Transportation (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Class 1 Railroad
  • A railroad with operating revenue of at least $433.2 million in 2011 (number increases in line with inflation).
  • Commuter Rail
  • Passenger rail transport that operates from a central location (generally city centers) to outer suburban area.
  • Hopper Car
  • A type of railroad freight car used to transport loose bulk commodities.
  • Rolling Stock
  • All vehicles that move on a railway.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Rail Maintenance Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Rail Maintenance Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Rail Maintenance Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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