Rolling stock refers to wheeled railway vehicles that move on tracks, including locomotives, passenger rail vehicles, and freight wagons. These vehicles can be self-propelled or propelled. Rolling stock products are capital-intensive and require huge investment and time to manufacture. An increase in investment in rail infrastructure projects by developing countries has propelled the demand for rolling stock and urban transit systems in the market.
The growing urbanization in emerging economies has led to the development of the global rail market. Growing Asian economies are heavily investing in rail infrastructure projects. The same goes for the Middle East where Saudi Arabia, Qatar, Istanbul, Turkey, and Riyadh are making significant investments in light rail vehicle projects.
Technavio’s analysts forecast the global rolling stock market to grow at a CAGR of 3.28% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global rolling stock market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of rolling stock globally. The report does not include revenue generated from the aftermarket service of the product.
The market is divided into the following segments based on geography: - Americas - APAC - Europe - MEA
Technavio's report, Global Rolling Stock Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors - AmstedMaxion - Astra Rail - Azovobshemash - Bharat Earth Movers Ltd. (BEML) - Bradken - Chittaranjan Locomotive Works (CLW) - CJSC Transmashholding - Construcciones Y Auxiliar De Ferrocarriles (CAF) - Cyient - DCD Rail - Diesel Locomotive Works (DLW) - Downer Rail - éolane - Faiveley Transport - FreightCar America - Hitachi - Hyundai Rotem - Integral Coach Factory - Japan Transport Engineering Company - JSC Dneprovagonmash - Kambarka Engineering Works - Kawasaki Heavy Industry - Kinki Sharyo - National Steel Car - Newag - Nippon Sharyo - OJSC Altaivagon - PESA Bydgoszcz - PKC Group - Progress Rail Services - Promtractor-Vagon CJSC - Rail Coach Factory (RCF) - SCG Solutions - Schweizerische Industrie Gesellschaft - Sinara Transport Machines - Skoda Transportation - Stadler Rail - Socofer - Talgo - Tatravagonka Poprad - Texmaco Rail and Engineering - The Greenbrier Companies - Trinity Industries - UGL Rail - Uralvagonzavod - Vossloh Group - Wabtec
Market driver - Growing high-speed rail (HSR) networks in developing nations - For a full, detailed list, view our report
Market challenge - High initial investment - For a full, detailed list, view our report
Market trend - Urbanization and increased mobility - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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