Press release
Rolling Stock Market Investment to Reach US$ 58.66 Billion by 2024 – Segmentation by User, Technology Trends, Consumption Overview and Opportunity
Rolling Stock Study Papers
The rolling stock market report analyzes and forecasts (2016 to 2021) the market size, in terms of volume (units) and value (USD million), for this market. The report segments rolling stock market and forecasts its size, by volume and value, on the basis of region (Asia-Oceania, Europe, North America, and Rest of the World (RoW)). It provides a detailed analysis of various forces acting in the market (drivers, restraints, opportunities, and challenges).
Rolling stock market, in terms of value, is projected to grow at a CAGR of 3.68% from 2016 to 2021. The market is estimated to be USD 48.95 Billion in 2016, and is projected to reach USD 58.66 Billion by 2021.
The major objectives of the study are as follows:
• To define, describe, and forecast the rolling stock market with respect to individual growth trends and prospects and determine the contribution of each segment to the total market
• To analyze and forecast the size of the rolling stock market in terms of volume (units) and value (USD million) from 2018 to 2025
• To segment the rolling stock market and forecast its size, by volume and value, based on region [Asia Oceania, Europe, North America, Middle East & Africa (MEA), and the Rest of the World (RoW)]
• To provide a detailed analysis of various forces acting in the market (drivers, restraints, opportunities, and challenges)
• To segment the rolling stock market and forecast its size, by volume and value, based on product type (locomotive, rapid transit, wagon, and coach)
• To segment the rolling stock market and forecast its size, by volume and value, based on locomotive technology (conventional, turbocharged, and maglev)
• To segment the rolling stock market and forecast its size, by volume and value, based on application (passenger and freight)
• To segment the rolling stock market based on component (pantograph, axle, wheelset, and traction motors)
• To strategically profile key players and comprehensively analyze their market share and core competencies
• To track and analyze competitive developments such as joint ventures, mergers and acquisitions, new product launches, expansions, and other activities carried out by key industry participants
More Information on Rolling Stock Market Report Now at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=345449 .
The rolling stock market has been segmented on the basis of product type into diesel locomotive, electric locomotive, diesel multiple units, electric multiple units, light rail/tram cars, subway/metro vehicles, passenger, and freight. The freight segment is estimated to account for the largest market share, in terms of value, in 2016. This can be primarily attributed to the increased demand for dedicated freight corridors in Asia-Oceania and the Rest of the World.
Ecosystem of rolling stock market consists of manufacturers like CSR Corporation Ltd. (China), Bombardier Inc. (Canada), and General Electric Company (U.S.) & research institutes like Japan Association of Rolling Stock Industries (JARI), International Railway Journal (IRJ), Union of Industries of Railway Equipment (UIRE), and Union of European Railway Industries (UNIFE).
The break-up of the primaries is as follows:
• By Company Type: Tier 1 - 27 %, Tier 2 - 52%, Others - 21%
• By Designation: C level - 47%, D level - 37%, Others - 16%
• By Region: North America - 22%, Europe - 26%, Asia Oceania - 28%, Middle East & Africa – 10%, RoW- 14%
Order the “Rolling Stock Market by Type (Locomotives, Rapid Transit Vehicles, Wagons), Locomotive Technology (Conventional Locomotive, Turbocharged and MAGLEVs), Application (Passenger Coach and Freight wagons), & by Region - Trend and Forecast to 2021” report at https://www.reportsnreports.com/purchase.aspx?name=345449 .
The refurbishment of rolling stock provides an opportunity to address known reliability issues, improve the energy efficiency of trains, and update the vehicles to meet current requirements. The financial constraints in acquiring new trains also contribute to the rising number of refurbishment programmes for rolling stock. Rolling stock and its supporting infrastructure are highly capital-intensive.
The report strategically profiles key players and comprehensively analyzes their market shares and core competencies. It also tracks and analyzes competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants.
ReportsnReports is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.
Snehal Shete
Tower B5, Office 101,
Magarpatta City SEZ,
Pune-411013, India
sales@reportsandreports.com / Call +1 888 391 5441
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