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Railway Sleeper Market is Anticipating a 5.7% CAGR Growth, Reaching a Valuation of US$ 21.33 Billion by 2034 | Fact.MR Report [Yahoo! Finance]

L.B. Foster Company (FSTR) 
Last l.b. foster company earnings: 2/25 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Rockville, MD, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Latest projections by Fact.MR are that the global railway sleeper market will reach a value of US$ 12.25 billion in 2024 and is projected to expand at a CAGR of 5.7% from 2024 to 2034. This market entails the manufacturing, distribution, and installation of sleepers, or railroad ties, which are horizontal beams supporting railway tracks. These sleepers are commonly crafted from materials like wood, concrete, steel, or composites. The market involves multiple stakeholders such as manufacturers, suppliers, contractors, and railway operators. Governments across the world are investing in developing and upgrading railway infrastructure as well as in high-speed railway networks. Ongoing innovations aimed at enhancing the durability and safety of railway sleepers contribute to market growth. For More Insights into the Market, Request a Sample of this Report: Key Takeaways from Market Study: Sales of railway sleepers across the wor Show less Read more
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