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2021 Train And Components Market Size, Revenue, Growth Development, Opportunities, Trends, Forecast To 2030
Train And Components Market
The train and components market report describes and explains the global train and components market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The train and components market consists of sales of trains and components and related services by entities (organizations, sole traders and partnerships) that produce and rebuild locomotives, locomotive frames and parts, railroad, street, and rapid transit cars and car equipment for operation on rails for freight and passenger service; and/or rail layers, ballast distributors, rail tamping equipment and other railway track maintenance equipment.The train and components market is segmented into locomotives, wagons, & other rolling stock and parts & accessories for railway vehicles.
The global train and components market is expected to grow from $196.5 billion in 2020 to $209.7 billion in 2021 at a compound annual growth rate (CAGR) of 6.%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.The market is expected to reach $286. billion in 2025 at a CAGR of 8%.
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Some of the major players of the train and components market are CRRC; Siemens; Alstom; Bombardier; GE Transportation.
The countries covered in the global train and components market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global train and components market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global train and components market is segmented -
1) By Type: Parts & Accessories For Railway Vehicles, Locomotives, Wagons, & Other Rolling Stock
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Few Points From Table Of Content
1.Executive Summary
2.Report Structure
3.Train And Components Market Characteristics
4.Train And Components Market Product Analysis
5.Train And Components Market Supply Chain
.....
22.Key Mergers And Acquisitions In The Train And Components Market
23.Market Background: Transportation Manufacturing Market
24.Recommendations
25.Appendix
26.Copyright And Disclaimer
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