Railcar lessors purchase railcars or rolling stock at a competitive price from the rolling stock manufacturers and lease them to public and private railroad players and shippers in various industries, such as chemical and plastics, petroleum refineries, and food and agricultural. This is done at a lease rate for a lease period, which varies from 2-5 years or even 20 years, depending on the types of lease. At the end of the lease, the railcar lessors will maximize the value of the railcar by selling or scrapping at a suitable time.
Technavio’s analysts forecast the global railcar leasing market to grow at a CAGR of 6.99% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global railcar leasing market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • North America • APAC • Europe
Technavio’s report, Global Railcar Leasing 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.
Other prominent vendors • C.K. Industries • Compass Capital • GLNX • Greenbrier Leasing Company • Helm Financial • Infinity Rail • The Andersons • Wells Fargo • Sumitomo Mitsui Banking Corporation (SMBC) • Progress Rail Services • CAI International • The David J. Joseph Company • Chicago Freight Car Leasing Company • The Connell Company
Market driver • Rising global crude oil production • For a full, detailed list, view our report
Market challenge • Declining coal consumption by power sector in US • For a full, detailed list, view our report
Market trend • Increasing demand for railcar • 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?
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