Operators in the Railway and Underground Railway Construction industry construct and maintain railway and tramway infrastructure. They are mainly employed by government bodies such as Network Rail, Transport for London and Northern Ireland Railways. These organisations are funded by the government's Department for Transport (DfT) and also generate income from private train operators and passenger fares.
Industry revenue has been volatile over the past five years, partly because this is common in contract-based industries and also because rail infrastructure spending is organised in five-year cycles called control periods.
This industry includes contractors that work on railway, underground railway and tramway infrastructure. New work, repairs, additions and maintenance on existing infrastructure are all included, but the installation of lighting and signalling equipment and the construction of bridges are excluded. Portions of the work can be subcontracted.
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.