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Rolling Stock Market | 2021 Size, Growth, Share, Sales, Demand, Merger, Trends, Competitive Landscape And Regional Outlook With Global Industry Forecast To 2026
Posted on Mar 1 2021 6:13 AM
"Global Rolling Stock Market | 2021 Industry Analysis Size, Trends, Growth, Share, Business, Key Players, Merger, By Covid-19 Impact, Statistics, Competitive Landscape, And Regional Forecast To 2026."
Rolling Stock Market | 2021 Automotive Industry Global Analysis By Covid-19 Impact On, Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2026 is latest study published by Fortune Business Insights. The Global Rolling Stock market expected to rise at a CAGR of 10.4% and exceed a valuation of USD 52.92 Billion by 2026. Rolling Stock Industry report anlayzes Market for Rolling Stock By Product Type (Locomotive, Rapid Transit Vehicle, Wagons), By Application Type (Passenger Rail, Freight Rail), and Regional Forecast, 2020-2027.
Major Rolling Stock Manufacturers covered in the market report include:
- CRRC Corporation Limited
- Alstom
- Bombardier Transportation
- Siemens Mobility
- Hyundai Rotem Company
- GE Transportation
- Wabtec Corporation
- Hitachi Railway Systems
- Trinity Industries, Inc.
- Transmashholding
- Stadler Rail AG
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Global Rolling Stock Market Highlights:
The global rolling stock market is set to gain impetus from the rising investment by the government and regulatory bodies in the enhancement of the railway infrastructure, especially in the developing countries. This information is provided by Fortune Business Insights™ in a recent report, titled, 'Rolling Stock Market Size, Share & Industry Analysis, By Product Type (Locomotive, Rapid Transit Vehicle, Wagons), By Application Type (Passenger Rail, Freight Rail), and Regional Forecast, 2020-2027. The report further states that this market size was USD 40.71 billion in 2019 and is projected to reach USD 52.92 billion by 2027, thereby exhibiting a CAGR of 10.4% during the forecast period.
The conventional rolling stock original equipment manufacturers (OEMs) are inclining towards advanced big data analytics, digital solutions, and remote monitoring to innovate their present product offerings and thereby deliver scalable and targeted solutions to the consumers. They have begun to take over a large number of tasks in the service business from rail operating companies and rolling stock owners, owing to the rising adoption of big data analytics. Besides, the rising sale of new vehicles across the globe would help in generating a great value from the service and maintenance sector throughout the vehicle's entire life cycle. Also, the end users are nowadays moving towards the availability of assets to aid in contributing to the progress. However, as refurbishment programs offer a great alternative to finish the overhaul of the pre-existing fleet, rail operators are not buying new vehicles. It may obstruct the rolling stock market growth in the coming years.
In terms of product type, the market is segregated into wagons, rapid transit vehicle (RTV), and locomotive. Amongst these, the RTV segment is expected to hold the highest rolling stock market share during the forthcoming years fuelled by their ability to offer comfortable high-speed operation. They are also very efficient and reliable. RTV consumes very less amount of energy, unlike the road-based transportation systems. They often utilize electricity to operate. Apart from that, the emergence of magnetic levitation trains and advancement of automated trains would drive the growth of this segment.
Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers & acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
The report for Global Automotive Sensors Market of Fortune Business Insights covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Regional Analysis:
Geographically, Asia Pacific is anticipated to grow significantly backed by the major contributions of the developing countries, such as India and China. In China, the regulatory bodies are striving to broaden the country's high-speed train network under the eight vertical and eight horizontal high-speed rail network programs. Such initiatives would help in surging the high-speed mileage up to 38,000 kilometres till the end of 2025. It would also enhance the existing railway infrastructure by permitting the purchase of several unit trains possessing the speeds of 350 km/h. North America, on the other hand, is likely to grow steadily owing to the implementation of stringent rules and regulations by the governments to curb emission of carbon. The authorities are hence, focusing on the upgradation of the pre-existing assets. It is resulting in the high costs of locomotives and thereby causing medium adoption of rolling stock.
This report focuses on Rolling Stock Global Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
Rolling Stock Highlights of the Report:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market. Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market Competitive Analysis And Industry News:
Major companies in the global Rolling Stock Market are increasingly focusing on research and development activities to create new and innovative products to stay ahead of the competition. For example, recently, Hankook unveiled its non-pneumatic concept tire, iFlex, that removes the need for air pressure and the company claims that it performs better than conventional tires. Some players are widening their operability and venturing into new industries. For instance, in June 2019, Goodyear secured the contract to supply Airbus with its most advanced aviation product, The Flight Radial, that is made of high quality rubber, ensuring longer durability and resistance.
Key questions answered in the report:
What will the market growth rate of Rolling Stock Market in 2026? What are the key factors driving the global Rolling Stock Market? Who are the key manufacturers in Rolling Stock Market space? What are the market opportunities, market risk and market overview of the Rolling Stock Global market? What are sales, revenue, and price analysis of top manufacturers of Rolling Stock Global market? What are sales, revenue, and price analysis by types and applications of Rolling Stock Market? What are sales, revenue, and price analysis by regions of Rolling Stock Market? Table Of Content:
1 Market Overview
1.1 Rolling Stock Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2020-2026)
1.4.1.2 Canada Market States and Outlook (2020-2026)
1.4.1.3 Mexico Market States and Outlook (2020-2026)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2020-2026)
1.4.2.2 France Market States and Outlook (2020-2026)
1.4.2.3 UK Market States and Outlook (2020-2026)
1.4.2.4 Russia Market States and Outlook (2020-2026)
1.4.2.5 Italy Market States and Outlook (2020-2026)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2020-2026)
1.4.3.2 Japan Market States and Outlook (2020-2026)
1.4.3.3 Korea Market States and Outlook (2020-2026)
1.4.3.4 India Market States and Outlook (2020-2026)
1.4.3.5 Southeast Asia Market States and Outlook (2020-2026)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2020-2026)
1.4.4.2 Egypt Market States and Outlook (2020-2026)
1.4.4.3 Saudi Arabia Market States and Outlook (2020-2026)
1.4.4.4 South Africa Market States and Outlook (2020-2026)
1.4.4.5 Turkey Market States and Outlook (2020-2026)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
3 Global Rolling Stock Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Rolling Stock Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Rolling Stock Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Rolling Stock Manufacturer Market Share in 2018
3.3.2 Top 6 Rolling Stock Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Rolling Stock Market Analysis by Regions
4.1 Global Rolling Stock Sales, Revenue and Market Share by Regions
4.1.1 Global Rolling Stock Sales and Market Share by Regions (2020-2019)
4.1.2 Global Rolling Stock Revenue and Market Share by Regions (2020-2019)
4.2 North America Rolling Stock Sales and Growth Rate (2020-2019)
4.3 Europe Rolling Stock Sales and Growth Rate (2020-2019)
4.4 Asia-Pacific Rolling Stock Sales and Growth Rate (2020-2019)
4.5 South America Rolling Stock Sales and Growth Rate (2020-2019)
4.6 Middle East and Africa Rolling Stock Sales and Growth Rate (2020-2019)
5 North America Rolling Stock by Country
5.1 North America Rolling Stock Sales, Revenue and Market Share by Country
5.1.1 North America Rolling Stock Sales and Market Share by Country (2020-2019)
5.1.2 North America Rolling Stock Revenue and Market Share by Country (2020-2019)
5.2 United States Rolling Stock Sales and Growth Rate (2020-2019)
5.3 Canada Rolling Stock Sales and Growth Rate (2020-2019)
5.4 Mexico Rolling Stock Sales and Growth Rate (2020-2019)
8 South America Rolling Stock by Country
8.1 South America Rolling Stock Sales, Revenue and Market Share by Country
8.1.1 South America Rolling Stock Sales and Market Share by Country (2020-2019)
8.1.2 South America Rolling Stock Revenue and Market Share by Country (2020-2019)
8.2 Brazil Rolling Stock Sales and Growth Rate (2020-2019)
8.3 Argentina Rolling Stock Sales and Growth Rate (2020-2019)
8.4 Colombia Rolling Stock Sales and Growth Rate (2020-2019)
9 Middle East and Africa Rolling Stock by Countries
9.1 Middle East and Africa Rolling Stock Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Rolling Stock Sales and Market Share by Country (2020-2019)
9.1.2 Middle East and Africa Rolling Stock Revenue and Market Share by Country (2020-2019)
9.2 Saudi Arabia Rolling Stock Sales and Growth Rate (2020-2019)
9.3 Turkey Rolling Stock Sales and Growth Rate (2020-2019)
9.4 Egypt Rolling Stock Sales and Growth Rate (2020-2019)
9.5 Nigeria Rolling Stock Sales and Growth Rate (2020-2019)
10 Rolling Stock Market In Developing Conutries
11 South America Rolling Stock Market Analysis by Countries
12 Competitive Landscape
13 Industry Outlook
13.1 Market Driver Analysis
13.1.2 Market Restraints Analysis
13.1.3 Market Trends Analysis
13.2 Merger, Acquisition and New Investment
13.3 News of Product Release
14 Global Rolling Stock Market Forecast
15 New Project Feasibility Analysis
15.1 Industry Barriers and New Entrants SWOT Analysis
15.1.1 Porter's Five Forces Analysis
15.1.2 New Entrants SWOT Analysis
15.2 Analysis and Suggestions on New Project Investment
Continued…
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