Railway & Underground Railway Construction in the UK - Industry Market Research Report

Railway & Underground Railway Construction in the UK - Industry Market Research Report

Railway & Underground Railway Construction in the UK

Rail construction companies work under contract from public sector bodies funded by the Department for Transport (DfT) to develop and maintain the UK rail network. Network Rail organises investment in rail into five-year cycles called Control Periods (CP), which can induce volatility – this was displayed at the end of CP5 when revenue peaked in 2018-19 before crashing at the start of CP6. A full public sector wallet for rail infrastructure has added to volatility and fuelled a decreasing revenue trend. Over the five years through 2023-24, the railway and underground construction industry is expected to contract at a compound annual rate of 1.4% to £2.4 billion.

This industry includes contractors that work on railways, underground railways and tramway infrastructure. New work, repairs, additions and maintenance on existing infrastructure are all included. However, installing lighting, signalling equipment and constructing bridges are separate from the industry. Contractors sometimes subcontract out work.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."