Published on : Oct 23, 2017
Albany, New York, October 23, 2017: Market Research Hub (MRH) has recently added a new report in its repository that presents a detailed forecast of the global railway construction projects market. This report covers an extensive analysis of the global railway construction projects market and presents detailed information and pertinent insights on the global market for the benefit of the reader. Important metrics on the global as well as regional railway construction projects sector have been provided in this report. The report also furnishes relevant sector information pertaining to the leading 10 countries across the globe. The various railway construction projects in different stages including funding stage, announcement stage, execution stage, and completion stage are systematically tracked across different regions and countries. The report lists the top 50 railway construction projects across the globe, which are in different stages of implementation currently.
Global Railway Construction Projects Market: Forecast
The report tracks global railway construction projects with a total market value of US$ 5.15 Trillion, out of which projects worth US$ 3.10 Trillion are in the pre-execution phase. Of all the regional markets, the market in Asia Pacific is estimated to account for the highest market value share of US$ 2.68 Trillion. Second in the list is the Europe railway construction projects market, with projects currently standing at a market valuation of US$ 1.13 Trillion. The Americas take the third place with railway construction projects worth US$ 800.9 Billion. Globally, the railway construction projects pipeline comprises projects with a length of 281,137 km. Of this, railway projects with a length of 131,050 km are being added in the Asia Pacific region.
The report tracks high value projects pertaining to high speed railways – currently valued at US$ 1.80 Trillion. This is followed by mass rail transport / the metro projects valued at US$ 1.43 Trillion. The biggest railway construction projects across the globe that are currently being executed are Russia’s Yekaterinburg- Moscow High Speed Railway Line worth US$ 157.0 Billion and the DoIT Melbourne to Brisbane High Speed Railway Link valued at US$ 152.2 Billion. At present, the largest projects are in the execution stage, valued at US$ 2.05 Trillion with projects at the planning stage following closely at US$ 1.34 Trillion. China is the market leader in the global railway construction projects pipeline with railway line projects estimated at US$ 1.35 Trillion. The U.S follows a close second with projects valued at US$ 487.5 Billion. Most of the large projects are funded with public investments (71%), private-public funding (24%) and the rest (5%) are completely funded by private agencies. The report projects per annum spending in the global railway construction projects sector to reach US$ 798.0 Billion by the year 2019.
Why Should You Invest in This Report?
The report provides deep insights into the main factors driving activity in the global railway construction industry. An analysis of regional and global trends along with details of projects based on value in the global market provide a holistic picture of the global railway construction sector to the reader. This will enable potential market entrants to target the relevant services and products in this market, based on individual projects per country. The extensive market intelligence provided in this report will help companies plan their strategies and campaigns for each individual region / country to fully explore the available opportunities in the specific targeted geographies.
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