A recent market intelligence report that is published by Data Insights Partner on Rolling Stock Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Rolling Stock Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and world Rolling Stock Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of international Rolling Stock Market is offered. In accordance with the report, the Rolling Stock Market is projected to expand at a CAGR of X.X% over the period of forecast.
Market Insight, Drivers, Restraints & Opportunity of the Market:
Vehicles running on rails/tracks are termed as Rolling Stocks like locomotives, wagons, coaches and multiple units. The rolling stock offers low cost and reliable means of transport with comfort. Since the start of railway transport the demand of rolling stock has continued to rise with rising railway networks, rise in haulage and inception of urban transport systems. In the last two decades rise in Metro Systems and High-Speed Railway Systems has also propelled the demand of rolling stocks which has been mainly of multiple units’ type. Systems Since the world is facing change in urbanisation and industrialization, the availability of an alternative public transport system which can reduce the traffics with cost effectiveness is a boon. Government is taking measures to encourage public means of transport to reduce the pollution caused by individual automobiles. And day by day increasing traffic are the major key growth driver for the Rolling Stock Market which will continue to maintain the steady growth of the market. One of the main driver has been Chinese govt push to develop vast network of high speed railway networks including international and intercontinental routes. The ridership in trains has been rising in China and is considered better over airways in many routes upto 500 Kms. India is also developing dedicated freight corridors as well as planning to completely overhaul its passenger rolling stocks.
The urbanisation and industrialization are providing surplus opportunities in the Rolling Stock Market to grow and prosper as the industries uses the rolling stocks to transport their raw materials because of the reliability and cost effectiveness. There are also some drawbacks in the Rolling Stock Market which includes the high maintenance cost and parts needs overhauling from time to time. The major market share is held by Electric type Rolling Stock Market. Due to their lower cost of operation and no pollution Electric type Rolling Stock Market is preferred over Diesel type Rolling Stock Market. Geographically, Rolling Stock Market is segmented into North America, Europe, Asia Pacific, Middle East, Africa and South America. The Asia Pacific market is anticipated to be the major contributor in the global Rolling Stock market by 2027. Rolling Stock market in the Asia Pacific is estimated to grow at highest CAGR during forecast period. Asia Pacific has got the strong market demand for the consumer equipment, which includes white goods and portable healthcare electronics devices. Added to that, increasing industrial computerization, particularly in the automotive & food and beverages sectors, is estimated to generate much more demand for the temperature sensors in the Asia Pacific.
This market intelligence report on the Rolling Stock market has been segmented by the product, type, & region. On the basis of product rolling Stock market has been segmented into locomotives (Electric, Diesel, Electric-Diesel), Multiple Units (Electric, Diesel), Passenger Coaches and Freight Wagons. The Electric Multiple Units has been further divided into: High Speed Multiple Units, Metro Rail/Sub Way Systems, Light Rail Systems, Tram Systems, Others. The coaches has been further classified into AC (Sleeper, Chair Car), Non-AC Type (Sleeper, Chair car). The wagons has been classified into : Flat Wagons, Livestock Vans, Refrigerated/Reefer Vans, Sliding roof wagons, Spine cars, Gondola Car, Hooper Car, Automobile Careers, Bogie Tanker wagon etc.
In terms of the end use industry, Rolling Stock market has been segmented into Passenger and freight. and Passenger. Passenger traffic has been classified as Long Distance, Short Distance and Metro passengers. The freight industry uses has been classified as mineral transport (Other than petroleum), Container transport, Low Shelf Low products transport, Liquid Transport etc. Geographically, Asia Pacific region is leading the global Rolling Stock Market. In the developing countries like China, India, etc the population is growing at a very rate and so as to meet the growing demand for transport and industries, Rolling Stock Market is playing a vital role. After Asia Pacific, North American market is the second largest market for Rolling Stock Market.
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as CRRC, General Electric, Alstom, Siemens, Bombardier, Hitachi, Transmashholding, EMD (Catepiller), Kawasaki Heavy Industries, Stadler Rail, Hyundai Rotem, Mitsubishi, Chitranjan Loco Works, Bharat Wagons and Engineering Limited, Railway Coach Factories of Indian Railways and Titagarh Wagons Limited.
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, IGR-Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2017-2027. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Ø This study offers comprehensive yet detailed analysis of the Rolling Stock Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking into account 2017 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Rolling Stock Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø Leading market players covered this report comprise names such as CRRC, General Electric, Alstom, Siemens, Bombardier, Hitachi, Transmashholding, EMD (Catepiller), Kawasaki Heavy Industries, Stadler Rail, Hyundai Rotem, Mitsubishi, Chitranjan Loco Works, Bharat Wagons and Engineering Limited, Railway Coach Factories of Indian Railways and Titagarh Wagons Limited
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Rolling Stock Market caters to the needs of various stakeholders pertaining to this industry, namely suppliers, product manufacturers, investors, and distributors for Rolling Stock Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
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