Global Rolling Stock Market


Posted January 29, 2020 by Maximize_geeta123

Global Rolling Stock Market was valued US$ 52.2Bn in 2017 and is expected to reach US$ 78.3Bn by 2026 at a CAGR of 5.2%.

 
Global Rolling Stock Market was valued US$ 52.2Bn in 2017 and is expected to reach US$ 78.3Bn by 2026 at a CAGR of 5.2%.




Global Rolling Stock Market




The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the global rolling stock market dynamics, structure by identifying and analysing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the global rolling stock market.




Rolling stock is commonly used for transportation of passengers also goods such as agricultural products, conventional fuels, construction materials, and heavy machinery. In countries, for instance, India, governments operate rail infrastructure, while, and in developed countries such as the U.S. and Germany, also private entities or governments operate the infrastructure. Profits such as minimal accidents and breakdowns, as compared to other modes of transport, are further driving market growth.




However, high initial investments are the major restraint of the market. Opportunities of the market are the use of specific light weighted components and many companies as well as government are investing more into the rolling stocks in order to expand transportation capacity.




Diesel locomotive propulsion segment is leading the rolling stock market. That is commonly used for the transportation of heavy goods in most regions. They are extensively in industries such as oil and gas, mining, and manufacturing for transportation of goods owing to their features such as cost-effectiveness and high-torque engines.




Wagons sub-segment is dominating the rolling stock market. Freight wagons are railway vehicles which are unpowered and are usually used for transportation of goods. There are many types of wagons used for transporting a particular type of cargo. The wagons are assembled with fittings that are coupler and hoses.




Freight transportation segment is projected to be the largest market, by value, in 2018. The main factors driving the market include globalization and a quick change in the rolling stock manufacturing industry. South Korea, India, and China are setting up agreements with Japan for high-speed rail projects, which will drive the rolling stock market globally.




Region-wise, The Asia Pacific region is estimated to dominate the rolling stock market, in terms of value, in 2018, with China being a key contributor to the growth of the market in the region. Growing demand for passenger coaches and freight wagons for new and existing rail lines are the key factors driving the growth of the rolling stock market through all regions.




For More Information Visit @:https://www.maximizemarketresearch.com/market-report/global-rolling-stock-market/26747/

Scope of Global Rolling Stock Market




Global Rolling Stock Market, by Product type




Locomotives
Rapid Transit

o DMU

o EMU

o Light Rail

o Metro

Wagons
Coaches

Global Rolling Stock Market, by Locomotive Propulsion




Diesel
Electric

Global Rolling Stock Market, by Application




Passenger
Freight

Global Rolling Stock Market, by Component




Axle
Wheel Set
Traction Motor
Passenger Information System
Air Conditioning System
Auxiliary Power System




Global Rolling Stock Market, by Region




North America
Europe
Asia Pacific
Middle East and Africa
South America




Key players operating in Global Rolling Stock Market




Alstom
Bombardier
CRRC
Mitsubishi
Siemens
AmstedMaxion
Astra Rail
Azovobshemash
Bharat Earth Movers Ltd. (BEML)
Bradken
Chittaranjan Locomotive Works (CLW)
CJSC Transmashholding
Construcciones Y Auxiliar De Ferrocarriles (CAF)
Cyient
DCD Rail
Diesel Locomotive Works (DLW)
Downer Rail
éolane
Faiveley Transport
FreightCar America
Hitachi
Hyundai Rotem
Integral Coach Factory
Japan Transport Engineering Company
JSC Dneprovagonmash
Kambarka Engineering Works
Kawasaki Heavy Industry
Kinki Sharyo
National Steel Car
Newag
Nippon Sharyo
OJSC Altaivagon
PESA Bydgoszcz
PKC Group
Progress Rail Services
Promtractor-Vagon CJSC
Rail Coach Factory (RCF)
SCG Solutions
Schweizerische Industrie Gesellschaft
Sinara Transport Machines
Skoda Transportation
Stadler Rail
Socofer
Talgo
Tatravagonka Poprad
Texmaco Rail and Engineering
The Greenbrier Companies
Trinity Industries
UGL Rail
Uralvagonzavod
Vossloh Group
Wabtec




 

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Issued By geeta narwade
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Categories Business
Tags rolling stock market
Last Updated January 29, 2020