MarketResearchNest.com
adds “Global Railway Equipment Market
Research Report 2019”new report to its research database.
This comprehensive Railway
Equipment Market research report includes a brief on these trends that can
help the businesses operating in the industry to understand the market and
strategize for their business expansion accordingly. The research report
analyses the market size, industry share, growth, key segments, CAGR and key
drivers.
Railway equipment are involved in locomotives, passenger
rail cars, freight rail cars, subway, signal, infrastructure and other parts
used in operating railroads. The railway equipment industry has become the
pivot for economic developments across several countries worldwide. The demand
for this equipment has intensified owing to the rising volume of transported
products and the expansion of the distance covered by logistics vehicles.
The demand for freight rolling stock is significantly high
in the global railroad equipment manufacturing market. This demand is basically
due to the hike in the prices of fuel across the globe at it acts as the key
source behind the working of the transportation industry. This has shifted the
trend of freight transport to rails from trucks.
Companies operating in the railroad equipment manufacturing
industry are involved in the manufacturing of brakes, locomotives, passenger
rail cars and freight, and other parts used in operating railroads. The
transport equipment manufacturing industry has become the pivot for economic
developments across several countries worldwide. The demand for these Equipment
has intensified owing to the rising volume of transported products and the
expansion of the distance covered by logistics vehicles. This particular trend
is expected to gain traction over the coming years.
Region-wise, Europe and Asia Pacific are the leading regions
in terms of manufacturing of railroad equipment. This growth is mainly due to
effective policies and large scale investment by leading companies and
governments. Brazil, China, and India have been identified as emerging markets
in the Asia Pacific region. China's Ministry of Railways is the main purchaser
of industry products, which are largely supplied by state-owned operator, CRRC
Corporation Limited. The dominance of the company makes this industry a virtual
duopoly.
The key companies are
CRRC, Siemens, Alstom, Bombardier, CRECG, CRCC, General Electric, Hitachi,
Transmashholding, Voestalpine, Toshiba, Kawasaki, Hyundai Rotem, CRSC, Wabtec
and etc.
The global Railway
Equipment market is valued at 128400 million US$ in 2018 is expected to reach
189600 million US$ by the end of 2025, growing at a CAGR of 5.0% during
2019-2025.
This report focuses on Railway Equipment volume and value at
global level, regional level and company level. From a global perspective, this
report represents overall Railway Equipment market size by analyzing historical
data and future prospect. Regionally, this report focuses on several key
regions: North America, Europe, China and Japan.
At company level, this report focuses on the production
capacity, ex-factory price, revenue and market share for each manufacturer
covered in this report.
Segment by Regions
North America, Europe,
China, Japan
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Research Report @
The following
manufacturers are covered:
·
CRRC
·
Alstom
·
Siemens
·
Bombardier
·
CRCC
·
CRECG
·
General Electric
·
Hitachi
·
Hyundai Rotem
·
Transmashholding
·
Voestalpine
·
Toshiba
·
Kawasaki
·
CRSC
·
Wabtec
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with in-depth TOC @
Segment by Type
·
Rolling
Stock
·
Railway
Infrastructure
·
Others
Segment by
Application
·
Locomotives
·
DMUs
·
EMUs
·
Freight
Vehicles
·
Others
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Report Copy @
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