Railcar mover is a vehicle that is capable of traveling on both rail and road tracks. It acts as a supporting role in the movement of railcars from rail to road or vice-versa. Railcar mover is used more compared with switcher locomotive as it is more economical and convenient in the process of switching operations because of its versatile nature. Railcar movers are extensively used in freight transportation worldwide. Rail freight transportation is used for the movement of raw materials, goods, coal, crude oil, metals and minerals, chemicals, and agricultural products. Railcar movers are widely used as an alternative to locomotives in railway yards, manufacturing, oil refineries and mining industries. The dual usability of railcar movers makes them an economical option. These vehicles have high reliability, consistent performance, and greater fuel efficiency as compared with other modes of transportation.
Technavio’s analysts forecast the global railcar movers market to grow at a CAGR of 1.55% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global railcar movers market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of railcar movers.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Railcar Movers Market 2017-2021, 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.
Market driver • Railroad transportation is energy efficient • For a full, detailed list, view our report
Market challenge • Highly concentrated market • For a full, detailed list, view our report
Market trend • Integration of intelligent system in railcar movers • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 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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