Press release
Railcar Leasing Market: Business Strategy, Potential Effect on Upcoming Future Growth, Competitive Analysis and Forecast 2024: Wells Fargo, GATX, Union Tank Car, CIT, VTG, Trinity, Ermewa, SMBC (ARI), BRUNSWICK Rail, Mitsui Rail Capital
The railcar leasing market is showing steady growth as it is a sustainable and reliable mode of transportation. Tax benefits and considerations extended to the lessee, by the lessor, is a cost-effective method of financing equipment. Rail operators enter lease agreements since they reduce capital expenditure and other credits that can be allocated for other purposes. Also, it eliminates the risk of equipment degeneration that could lead to reduced resale value.The global Railcar Leasing market is valued at 8970 million USD in 2018 and is expected to reach 12300 million USD by the end of 2024, growing at a CAGR of 5.4% between 2019 and 2024. The Asia-Pacific will occupy more market share in the following years, especially in China, also fast-growing India and Southeast Asia regions.
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North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Railcar Leasing. Europe also plays important roles in the global market, with a market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
Market Segment by Manufacturers, this report covers:
Wells Fargo, GATX, Union Tank Car, CIT, VTG, Trinity, Ermewa, SMBC (ARI), BRUNSWICK Rail, Mitsui Rail Capital, Andersons, Touax Group, Chicago Freight Car Leasing, The Greenbrier Companies
Market Segment by Regions, regional analysis covers:
North America
Europe
Asia-Pacific
South America
Middle East and Africa
Market segment by Type, the product can be split into:
Tank Cars
Freight Cars
Others
Market segment by Application, split into:
Oil & Gas
Chemical Products
Energy and Coal
Steel & Mining
Food & Agriculture
Aggregates & Construction
Others
The report also covers in-depth description, competitive scenario, wide product portfolio of prime players active in this market and business strategies adopted by competitors along with their SWOT analysis. The report also provides Porter analysis, PESTEL analysis and market attractiveness which helps to better understand the market scenario on macro and micro level. Side by side, it also explicitly provides information about mergers, acquisitions, joint ventures, and all the other important activities occurred in the market during the current and past few years.
Table of Contents:
1. Railcar Leasing Market Overview
2. Manufacturers Profiles
3. Global Railcar Leasing Market Competition, by Players
4. Global Railcar Leasing Market Size by Regions
5. North America Railcar Leasing Revenue by Countries
6. Europe Railcar Leasing Revenue by Countries
7. Asia-Pacific Railcar Leasing Revenue by Countries
8. South America Railcar Leasing Revenue by Countries
9. Middle East and Africa Revenue Railcar Leasing by Countries
10. Global Railcar Leasing Market Segment by Type
11. Global Railcar Leasing Market Segment by Application
12. Global Railcar Leasing Market Size Forecast (2019-2024)
13. Research Findings and Conclusion
14. Appendix
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