Railroads Market: Global Industry Analysis and Forecast (2024-2030)

Njmmr06 Aug, 2024Other

Railroads Market size was valued at US$ 623.83 Bn. in 2023 and the total revenue is expected to grow at 10 % through 2024 to 2030, Railroads Market is reaching nearly US$ 1215.67 Bn. by 2030. Railroads Market Overview: Globalization and growing industrialization have created huge potential for logistics and transportation enterprises. Commodity rail transport provides for roughly 80% of all railroad revenue in the current context. Railroad transportation services are typically used to move commodities such as coal, chemicals, and crushed rocks, as well as consumer goods containers and automobiles.