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/EIN News/ — Dublin, April 26, 2019 (GLOBE NEWSWIRE) — The "Global Rolling Stock Market By Product Type, By Application, By Locomotive Technology, By Region, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.
The global rolling stock market is projected to surpass $76 billion by 2024 from around $59 billion in 2018.
Approval of new railway lines and high-speed railway projects coupled with growing need for energy efficient transport are the major factors expected to fuel the market.
Rolling stock has facilitated easy transportation with benefits such as cost-effectiveness, reliability and comfort. Thus, the demand for rolling stock has been on a steady rise over the past few years and this trend will continue during the forecast period. Moreover, government initiatives to promote public transport as a means of reducing traffic congestion and pollution is also bolstering the global rolling stock market.
Based on locomotive technology, the global rolling stock market has been categorized into conventional locomotive, turbocharge locomotive and maglev. The turbocharge locomotive category accounts for the largest share among all the locomotive technology types, majorly owing to increasing power offered by turbocharge locomotives with no additional fuel costs.
In terms of product type, the market has been categorized into electric locomotive, diesel locomotive, EMU, DMU, electro-diesel locomotive, subway/metro, light rail/tram, wagon and coach. Owing to the growing demand for dedicated freight corridor in a country, the EMU category is anticipated to capture the largest market share in the coming years.
The rolling stock market is well-established in the Western European and North American countries and is expected to grow linearly during the forecast period. Emerging economies such as India, Brazil, China, and Iran are expected to become the most lucrative markets for the global rolling stock players, backed by rapidly expanding industries and government initiatives aimed at developing advanced railway transport systems in these countries. Moreover, regional governments in the Middle East & Africa and South America have already launched several programs to improve and expand their railway networks, thereby offering further growth opportunities to the market players.
The global rolling stock market is consolidated in nature due to the increasing number of mergers & acquisitions. Some of the leading players in the global rolling stock market are CRRC Corporation Limited, Bombardier Inc., CAF, Alstom SA, Trinity Industries, Kawasaki Heavy Industries Ltd. and others.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study
- To analyze and forecast the global rolling stock market size.
- To classify and forecast the global rolling stock market based on product type, application, locomotive technology, and regional distribution.
- To identify drivers and challenges for the global rolling stock market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global rolling stock market.
- To conduct the pricing analysis for the global rolling stock market.
- To identify and analyze the profile of leading players operating in the global rolling stock market.
Key Topics Covered
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Factors considered while selecting a supplier
4.2. Product awareness and applicability & usage analysis
4.3. Challenges/issues faced post purchase
4.4. Unmet needs
5. Global Rolling Stock Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Product Type (Diesel Locomotive, Electric Locomotive, Electro-diesel Locomotive, DMU, EMU, Light Rail/Tram, Subway/Metro, Coach and Wagon)
5.2.2. By Application (Passenger Coach and Freight Wagon)
5.2.3. By Locomotive Technology (Conventional Locomotive, Turbocharge Locomotive and Maglev)
5.2.4. By Region (APAC, Europe, North America, South America, MEA)
5.2.5. By Company (2018)
5.3. Market Attractiveness Index (By Product Type, By Application, By Locomotive Technology)
6. Asia-Pacific Rolling Stock Market Outlook
7. Europe Rolling Stock Market Outlook
8. North America Rolling Stock Market Outlook
9. South America Rolling Stock Market Outlook
10. Middle East & Africa Rolling Stock Market Outlook
11. Market Dynamics
12. Market Trends & Developments
13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles
13.2.1. Basic Details
13.2.2. Financials (As reported)
13.2.3. Supply Chain Analysis
13.2.4. Key Market Focus and Geographical Presence
13.2.5. Planned Investments
13.2.6. Market Positioning
13.3. Global Players Profiled (Leading Companies)
13.3.1 CRRC Corporation Limited
13.3.2 Bombardier Inc.
13.3.3 Alstom S.A.
13.3.5 Kawasaki Heavy Industries Ltd.
13.3.6 General Electric Company
13.3.7 Transmashholding AG
13.3.8 Trinity Industries
13.3.9 Greenbrier Industries
13.3.10 Mitsubishi Heavy Industries Ltd.
(Note: The companies list can be customized based on the client requirements)
14. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/tqe4yn
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