Locomotives (Rolling Stock) Market 2021 Explosive Factors of Revenue by Industry Statistics, Size, Demands, Trends, Opportunity, Share and Forecast To 2027 | CRRC, GE, Alstom, Siemens, Bombardier, Hitachi

The “Locomotives (Rolling Stock) Market” report describes in detail the demand and consumption of various products/services related to the market growth dynamics during the forecast period of 2021-2027. A detailed market assessment of the various opportunities in the market segment is expressed in terms of quantity. These are discussed in many sections, including constraints, challenges and opportunities, regional breakdown and opportunity assessment. This global locomotive (Rolling Stock) Market report guarantees rich data on various market opportunities. The report includes strong research from expert analysts.

The Locomotives (Rolling Stock) Market size is estimated to grow at a CAGR of 4% for 2021-2027.

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Locomotives (Rolling Stock) market fragments are highlighted by types and applications, locale, and major players. The market is anticipated to appear with solid development rates amid the figure period from 2021 to 2027.

This report covers introduce companies associated with the Locomotives (Rolling Stock) Market:

CRRC, GE, Alstom, Siemens, Bombardier, Hitachi, Transmashholding, EMD (Catepiller), Kawasaki Heavy Industries, Stadler Rail, Hyundai Rotem

Recent Development:

In 2020, Alstom announced that it signed an MoU with Bombardier Inc. and Caisse de depot et placement du Quebec (CDPQ) for the acquisition of Bombardier Transportation. The price for the acquisition of all the Bombardier Transportation shares is around EUR 6 billion.
In 2020, Stadler sealed a USD 349 million contracts from Hungarian MAV-START, a state-owned passenger operator for 21 KISS electric multiple unit trains and a USD 112 million maintenance contract from the US transit agency Dallas Area Rapid Transit (DART).
In 2019, the China Railway Rolling Stock Corporation (CRRC) unveiled its latest metro train in Australia, this new metro train is fully automatic, capable of starting and stopping, controlling the doors and handling emergencies autonomously. Altogether, 23 locomotives and about 27,000 goods trains from CRRC operate in Australia.

Market segment by Type, covers

Passenger Transport
Freight Transport

Market segment by Application, covering

Diesel Locomotive
Electric Locomotive

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The Asia Pacific Is Expected to Lead the Market

Local governments are putting more and more capital into advancing the existing rail network. For instance,

In 2018, China invested USD 117.12 billion in fixed rail assets, and its plan for 2019 was to invest in 6,800 km of new railway lines, 40% higher than the previous year, in which approximately half of the railway lines are high-speed rail.
Indian Railways is set to combine its rolling stock manufacturing units and workshops into a new public sector unit (PSU) - Indian Railway Rolling Stock Company. This PSU will be structured along the lines of China's CRRC Group. In addition, the Indian Railways is also modernizing the existing railway network by including a new OMRS system, which consists of an Acoustic Bearing Detector (ABD) or Rail Bearing Acoustic Monitor (RailBAM) that can detect the faults in the bearings and wheels of the rolling asset.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2021-2027) of the following regions are covered:

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

Some of the most significant insights gathered through the business intelligence study on the global Locomotives (Rolling Stock) Market consists:

Key regions and leading countries in global Locomotives (Rolling Stock)» Market
Distribution network changes due to COVID19 pandemic
Key consumer segments are expected to drive global demand for the Locomotives (Rolling Stock) market regional policy framework and regulatory guidelines.
Projected CAGR in the forecast period 2021 to 2027
Analysis of historical and current consumer buying trends related to the global Locomotives (Rolling Stock) market.
Technological advancements and innovative products can completely change the Locomotives (Rolling Stock) market.
Companies that held the leading share in the market during the historic years

Table of Contents: Locomotives (Rolling Stock) Market

- Chapter 1: Outline of Locomotives (Rolling Stock) Market

- Chapter 2: Global Market Status and Forecast by Regions

- Chapter 3: Global Market Status and Forecast by Types

- Chapter 4: Global Market Status and Forecast by Downstream Industry

- Chapter 5: Market Driving Factor Analysis

- Chapter 6: Market Competition Status by Major Manufacturers

- Chapter 7: Major Producers Presentation and market Information

- Chapter 8: Upstream and Downstream Market Investigation

- Chapter 9: Fetched and Net Edge Investigation

- Chapter 10: Marketing Status Investigation

- Chapter 11: Market Report Conclusion

- Chapter 12: Research Methodology and Reference

Impact of COVID-19 on the Locomotives (Rolling Stock) Market:

The rise of COVID-19 has moderated showcase development; in any case, the market is continuously picking up pace due to rising lockdowns. The sudden increment in CAGR is due to the request and extension of this market, which is an ability to return to pre-pandemic levels once the widespread, is gone.

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