The Rail Maintenance Services industry has kept America's railcar fleet on track over the past five years. Rail transportation volumes began to decrease as the economy entered the recession, but have since recovered, driving demand for maintenance services. The industry is expected to grow steadily in the five years to 2020, despite a blip in 2015 as greater investments in new railcars that require less maintenance temporarily restrain industry growth. As freight volumes and trade continue to rise over the next five years, industry revenue will be pushed higher.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.