The complete research study presented by Ample Market Research on Rolling Stock Systems Market describing qualitative insights of the industry such as type, products, application and forecast details till 2025. This report gives a detailed and comprehensive understanding of Rolling Stock Systems Market. With precise data covering all key aspects of the existing market, this report offers existing data of leading manufacturers. Understanding of the market condition by compliance of accurate historical data regarding each and every segment for the forecast period is mentioned. Leading factors affecting the growth of the market in a positive and negative perspective is examined and evaluated and projected in the report in detail. Insightful views and case studies from various industry experts help make the report more authentic.
Global rolling stock systems market is valued approximately USD 54.74 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 4.2% over the forecast period 2018-2025. Rolling stock refers to both powered and unpowered wheeled railway vehicles which includes include locomotives, passenger rail vehicles, and freight wagons. Businesses have been using rolling inventory for years to minimize time and save manpower cost. The rolling stock is being stored in the trucks and are always ready to go to the required delivery location and hence it saves both the time and efforts for the company. Although rolling stocks products are capital intensive, it has the potential to save around 10% of the total cost of inventory management. Another major reason behind the rapid shift to rail is the increasing environmental concerns and traffic congestion in urban areas. Governments worldwide are making constant efforts to achieve a reduction in greenhouse gas emissions. Rolling stock not only enables an reduce the greenhouse gas emissions, meanwhile will also provide an increased mobility. To successfully meet this growing demand for efficient and green mobility, the railway sector urges to enhance in terms of quality of service, energy along with life cycle costs, interoperability, capacity, noise reduction & must also further develop its carbon emission benefits. Rising environment concerns globally and government efforts to combat and minimize pollution is expected to drive global rolling stock systems market over the forecast time frame.
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Company profiled in this report based on Business overview, financial data, Product landscape, Strategic outlook & analysis CRRC Corporation Limited, Trinity Rail Group LLC, Bombardier Inc, Siemens AG, Alstom SA,Stadler Rail AG, Hitachi Rail Systems, General Electric Company,Hyundai Rotem Company
Rolling Stock Systems Market Segmentation by Product Type Wagon, Rapid Transit Vehicle, Locomotive, Others
Based on type, the global rolling stock market is segmented into wagon, rapid transit vehicle, locomotives and others. Currently, the market is dominated by wagon segment which contributes to around 35.70% revenue share in 2017. However, the segment is anticipated to witness sluggish growth over the forecast period due to rising concerns for industrial waste. The upcoming investments in this segment is likely to be in refurbishment of existing stock rather than purchase of new stock. Over the forecast period, major investments can be seen in the development of rapid transit vehicles especially in the Asia Pacific region. The Asian countries are witnessing a major challenge of population growth and hence increase in traffic congestion, thus demand for rapid transit vehicles is growing significantly in these regions. Global market for rapid transit vehicles is anticipated to grow at the highest CAGR of 5.1% over the forecast period.
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Global rolling stock market, on the basis of train type is segmented into passenger rail and rail freight. Currently the market demand is dominated by passenger rails, which holds 53.04% revenue share in 2017. However, the demand for rail freight is anticipated to grow at a rapid pace over the forecast period. The rail freight is cost effective as compared to road transportation and enable safe and faster delivery. Further, development in rail infrastructure and various technological advancements will drive more businesses towards rail freight transport.
Rolling Stock Systems Market Segmentation by Region: North America, U.S., Canada, Europe, UK, Germany, Asia Pacific, China, India, Japan, Latin America, Brazil, Mexico, Rest of the World
The regional analysis of global rolling stock systems market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to their convenience and faster transportation. Further, significant investments in the development of rail infrastructure and adoption of latest technologies such as cloud computing and big data. North America rolling stock market is growing at 3.4% CAGR during 2017-2025. Europe rolling stock market valued 17.13 billion in 2017 is anticipated to reach USD 22.35 billion by 2025, growing at 3.5% CAGR during 2017-2025. Europe also contributes a satisfactory growth in the global Rolling Stock Systems market due to escalating government investments and investments made by private organization. The Locomotives are predominantly ordered for freight transport that has already been liberalized in the European countries which is why freight wagons also show a large share of private financing.
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Strategic Points Covered in TOC
Chapter 1: Introduction, Key Trends, Global & Segment Market Estimates & Forecasts, market overview, and Methodology of the Rolling Stock Systems market
Chapter 2: In this section, the report provides information related Definition & Scope, Industry Evolution, Scope of the Study, Years Considered for the Study and Currency Conversion Rates.
Chapter 3,4: it provides an industry Analysis, Cost Analysis, Value Chain Analysis, PEST Analysis that explores Market Drivers, Threat of New Entrants and Substitutes, Market Challenges and Opportunities.
Chapter 5,6: Presenting Rolling Stock Systems market by Type, by Application, market share with Market estimates & forecasts
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions
Chapter 8: Displaying the competitive nature among key Company Profiles, with market share, Recent Developments, revenue, and Top Market Strategies.
Chapter 9. Research Process
This report analyzes and forecasts the Rolling Stock Systems market at the global and regional level. The market has been forecast based on revenue (US$ Mn) from 2018 to 2025, considering 2017 as the base year and 2015, 2016 as a Historical year.
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Finally, the Rolling Stock Systems Market is a valuable source of guidance for individuals and companies. One of the major reasons behind providing market attractiveness index is to help the target audience and clients to identify the several market opportunities in the Rolling Stock Systems market. Moreover, for the better understanding of the market, Ample Market Research has also presented a key to get information about various segments of the Rolling Stock Systems market.
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