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Rolling Stock Market Production Information Analysis Focus on Development, Growth, Key Factors And Forecast to 2026

07-28-2020 06:06 PM CET | Logistics & Transport

Press release from: Allied Market Research

Rolling stock

Rolling stock

Innovation has become a crucial part in building rolling stock with changing climate conditions and need to offer better comfort to passengers. Lightweight nature and sustainability have become two crucial areas of focus for manufacturers. They have been gaining contracts in various parts of the world and implementing various strategies to gain success. The innovation is focused on building lightweight structure and less power consumption capabilities. The market for rolling stocks is booming with the need to replace the existing infrastructure or build a new, sustainable infrastructure. According to the report published by Allied Market Research, the global rolling stock market is expected to generate $73.8 billion by 2026. Following are some of the activities taking place across the world.

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Gaining new contracts is a major strategy of manufacturers to gain major share in the market along with gaining an international presence. Stradler, a rail manufacturer from Switzerland, gained a contract of €165m ($182m) from Taiwan Railway Administration for supply of 34 diesel-electric locomotives. In Taiwan, these will be implemented on the 1,067mm narrow gauge network. They will be utilized for passenger and freight use. A 2,700hp Cummins engine will supply power to six-axle locomotives. These trains have capability to run at a maximum speed of 120km/h. The company highlighted that the trains will be built according to the climate of Taiwan, in which the temperature goes as high as 45˚C and humidity reaches up to 100%. Thomas Ahlburg, the CEO of Stadler group outlined that the company won its first contract to supply rolling stock series in Asia. These locomotives will be utilized in mountainous topography and extreme weather conditions. Stadler has been building rail vehicles related to specific challenges of weather. With combination of its abilities of lightweight and environmentally-friendly locomotives, the company aims for success in Taiwan.

Riding on the wave of acquiring new contracts, Alstom, one of the leading manufacturers of rolling stock, signed a deal with Barcelona Metro operator TMB (Transports Metropolitans de Barcelona) for supply of 42 Metropolis trains for replacement of trains that are running on lines 1 and 3 of the network. The deal is of €260 million, which includes manufacturing, design, and commissioning of 42 metropolis trains. As per the plan, five-car trains will be built by Alstom at Barcelona and will be delivered to TMB within next two and half years. Gian Luca Erbacci, the Senior Vice President, at Alstom in Europe, highlighted that the innovation capabilities and expertise will support the plan to modernize Barcelona Metro. It carries nearly 400 million passengers every year. With new trains, the company aims to help TMB in development of efficient and sustainable mobility that caters to current and future needs of passengers.

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Leading Market Players

* CRRC Corporation Limited
* Alstom
* Siemens Mobility
* Bombardier Transportation
* General Electric
* Hyundai Rotem
* Kawasaki Heavy Industries
* Trinity Rail Group
* Stadler
* Stadler Rail AG

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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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