Press release
Global Rolling Stock Market Report Future Prospects, Growth, Outlook and Forecast 2020-2027
Global Rolling Stock Market Report Future Prospects, Growth, Outlook and Forecast 2020-2027The objective of the study is to define market sizes of different segments and countries in previous years and to forecast the values to the next Five years. The report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers and restraining factors which will define the future growth of the Rolling Stock market.
The global rolling stock market is expected to be worth over USD 59 billion by 2025. Asia Pacific is estimated to dominate the rolling stock market owing to the large-scale adoption of rail vehicles for the transportation of passengers and goods. Moreover, the regional market growth can also be attributed to the increasing investments in metro and electric trains in countries such as China, India, and Taiwan. North America is expected to be the fastest growing region owing to the increasing use of rolling stock in the oil & gas and mining industries for the transportation of goods. Increasing use of rolling stock for oil production is also boosting the regional market. In the oil and gas industry, they are used for transferring oil from one place to another using tankers due to better safety and high torque power of rolling stock.
Rolling Stock is a self-propelled vehicle that hauls or pushes a railroad car into operation without carrying an operating load itself, and locomotives are generally driven directly or through transmission by power machinery such as steam, diesel, gas turbines, and traction motors.
Rolling stock facilitates easy transportation between various destinations and offers advantages such as cost effectiveness, reliability, and comfort. Due to increasing population and urbanization, some countries are expanding their rail infrastructure. Rail transport is economical and fast, making it ideal for transporting heavy or bulky goods over long distances. Moreover, passengers prefer rail transport over road transport because of reduced traffic and resistance to changes in weather conditions. It is expected to be an important factor driving market growth.
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Competitive Situation
The Rolling Stock market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include:
Siemens
Alstom
GE Transportation
Kawasaki Heavy Industries
CRRC
EMD (Caterpillar)
Bombardier
CAF
Hitachi
Transmashholding
Hyundai Rotem
Stadler Rail AG
The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.
Application Synopsis
The Rolling Stock Market by Application are:
Commercial Use
Industry Use
By type
Electric Locomotives
Diesel Locomotives
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Rolling Stock Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Rolling Stock Market by Types
4 Segmentation of Rolling Stock Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Rolling Stock Market in Major Countries
7 North America Rolling Stock Landscape Analysis
8 Europe Rolling Stock Landscape Analysis
9 Asia Pacific Rolling Stock Landscape Analysis
10 Latin America, Middle East & Africa Rolling Stock Landscape Analysis
11 Major Players Profile
…
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Regions Covered in the Report:
-North America (United States, Canada, and Mexico)
-Europe (Germany, UK, France, Italy, Denmark, Finland, Iceland, Norway and Sweden, Spain, Belgium, Poland, Russia, Turkey, and Others)
-Asia-Pacific (China, Japan, India, South Korea, Australia, New Zealand, Indonesia, Thailand, Malaysia, Singapore, Philippines, Vietnam, and Others)
-Latin America (Brazil, Argentina, Peru, Chile, and Others)
-Middle East & Africa (GCC Countries, Southern Africa, and North Africa)
Target Audience:
Rolling Stock manufacturers
Distributors and resellers of Rolling Stock
Rolling Stock industry associations
Product managers, Rolling Stock industry administrator, C-level executives of the industries
Market research and consulting firms
Small and Medium-sized Enterprises (SMEs)
Rolling Stock potential investors
Rolling Stock key stakeholders
Rolling Stock end-user sectors
Research and Development (R&D) companies
Key questions answered in the report
What will the market size and growth rate be in 2026?
What segment or region will drive or lead market growth and what are the reasons?
How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?
What key strategies are used by top vendors to increase revenue?
Available Customizations – Market Monitor offers customizations according to the company's specific needs.
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