US Rail Infrastructure Market Size to Reach USD 5.93 Billion by 2025
by sarajames · November 14 Steve Cishek Mariners Jersey , 2018


jected to reach USD 5.93 billion by 2025. The market is expected to witness a lucrative growth on account of increasing population and demographics in this country. United States is becoming an urbanized country and it is anticipated that it will cover larger network of metropolitan areas. Growing population and effective investment in transportation infrastructure is anticipated to add rail Infrastructure market growth over the forecast period. According to U.S. Department of Transportation, Federal Railroad Administration, U.S. rail industry consist of 140,000 rail miles operated by class 1 railroads Robinson Cano Mariners Jersey , 510 local railroads, and 21 regional railroads. Industry also provides 221,000 jobs across United States and also offers various public benefits such as highway fatalities, logistics cost, greenhouse gases and fuel consumption Randy Johnson Mariners Jersey , reduction in road congestion, and public infrastructure maintenance cost.


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