Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Rolling Stock Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Rolling Stock Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Rolling
Stock Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Rolling Stock Market is offered. In accordance with the report, the global
Rolling Stock Market is projected to
expand by a healthy CAGR of 4.58% over the period of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
Rolling stock,
by definition, is the vehicle that move on a railway track.
Rolling Stock includes both powered and unpowered vehicles, such as wagons,
locomotives, railroad cars and coaches. It consists of a car body,
power and auxiliary systems, propulsion, bogies, braking systems, passenger
information and communication systems, interiors, on-board vehicle systems,
door system, ventilation and air conditioning and heating systems, lighting,
tilt systems, cabling and couplers etc. These products are mainly used as means
of public and industrial raw materials and end products transportation for its
fast speed, strength, more storage space and other conveniences.
Market Drivers
Growing population, rapid
urbanization has led to an increase in road traffic. The insufficient road
network and increasing numbers of cars and other vehicles are causing severe
congestion which is badly affecting the daily lives of citizens. The growing
need for railway and tramway network to reduce time waste by getting stuck in
traffic is the main driver behind the rapid growth of Rolling Stock market. The
increase in cases of road traffic injury is also leading to the increase in
demand for railways as it is a safer way of transportation which is also
driving the demand for Rolling Stock market high.
Beside
this, growing industrial transportations from one sector to another are also one
of the key factors behind the rapid growth of the Rolling Stock Market.
Aside
from these, the government subsidies in railways sectors and increasing foreign
investments in the said sector are also adding fuel to this increasing market
growth.
The
regular introduction of different and brand-new types of end product with better
engines and qualities, more horse power, better technology and more space
inside the compartments is also attracting new consumers and thus helping the
growth rate of Rolling Stock Market to rise high. The convenience and
efficiency of Rolling Stock is also helping in the expansion of the said
market.
Market Restraints
The Rolling Stock Market has a huge potential. Though it is expanding very fast
day by day, many things are preventing it from using its full potential. Some
of these restraints are–
? High
cost of raw materials.
? High production, maintenance and repairing cost.
? High cost of R&D activities.
? High cost of the end products.
? Non-durability
of many end products under extreme weather conditions.
? Unavailability of enough space to install these
products in many regions.
? Unavailability and lack of awareness about the
benefits of Rolling Stock in the rural areas of the developing countries.
? Unavailability of resources and purchasing
power to produce and install the products.
? Availability of substitutes in lower costs.
Opportunities
The Freight segment of Rolling Stock Market has many
opportunities because of its high demand in industrial transportation as
transportation by railway is less costly and more convenient than
transportation by road.
Trends
During
the forecast period, Asia Pacific is expected to have the largest share of Rolling Stock Market.
The demand for these
products in the Asia Pacific region specially in China, India, Japan, Thailand
etc. is driven by its growing need in the
expanding public and industrial transportation sectors of these countries. Rising
population, high per capita income and rapid urbanization are also driving this
market growth. It is also believed that on the basis of product type, the electric
locomotive and rapid transit segment will have the largest share for its high demand
and efficiency and convenience and low cost and fast speed. It is also expected
that by end usage the public and industrial segments will see a very high
growth rate in future.
Segment Covered:
This market
intelligence report on the global Rolling Stock Market encompasses market segments based on product type, component,
transportation usage, application, end usage, distributional channel and country.
By Product
Type the global Rolling Stock Market has been
divided into:
q Locomotives
o Diesel
Locomotives
o Electro-diesel
Locomotives
o Electric
Locomotives
q Rapid
Transits
o DMU
o EMU
o Monorail
o Subway/
Metro
o Light
Rail/ Tram
q Wagons
q Coaches
q Others
By Component
the global Rolling Stock Market has been
divided into:
q Pantograph
q Axle
q Passenger
Information System
q Traction
Motor
q Airconditioning
System
q Wheelset
q Auxiliary
Power System
q Others
By Transportation
Usage the global Rolling Stock Market has been
divided into:
q Freight
Transportation
o Locomotives
o Wagons
q Passenger
Transportation
o Locomotives
o Coaches
By Application
the global Rolling Stock Market has been
divided into:
q Maglev
o Electromagnetic
Suspension
o Electrodynamic
Suspension
o Inductrack
q Conventional
Locomotives
q Turbocharged
Locomotives
q Others
By End
Usage the global Rolling Stock Market has been divided
into:
q Public
q Commercial
q Industrial
q Others
By Distributional
Channel the global Rolling Stock Market has been
divided into:
q
Offline
q Online
q Others
By country/region,
the global Rolling Stock Market has been
divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q Bombardier
q Hyundai Rotem
q Siemens
q CRRC Corporation Limited
q TrinityRail
q General Electric
q Alstom
q Hitachi Ltd.
q Stadler Rail AG
q TRANSMASHHOLDING
q The Greenbrier Companies,
Inc.
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Rolling Stock Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Few Recent Developments
Alstom
The French company Alstom has been leading the growth of Rolling Stock
Market for the past few years. The company has been focusing on building
eco-friendly transport solution such as the zero-emission Coradia iLint
regional train. They are also participating in many R&D activities together
with renowned universities to make more technologically advanced products for
better customer experience. They have also manufactured a high-speed line in Spain
connecting Madrid and Castellon by a very high-speed train S-100 in January,
2018 which is famous for its comfortability, punctuality, high speed and high
level of safety.
CRRC Corporation Limited
The Chinese company CRRC Corporation Limited is also playing
a big role as a market player of Rolling Stock market. The company was the
first to introduce the low-speed Maglev train with a speed of 100km/h in the
capital of China, Beijing in July 2017. They manufactured a low-speed Maglev
train comprising of 6 cars with the capacity of around 1,032 passengers. The
Maglev railway line was built from the Mentougou district to the Shijingshan
district with a total of 8 stations in between the two end points.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Rolling
Stock Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Rolling Stock Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of different type of models,
government initiatives, marketing tactics and expansion, and technical up
gradation
Ø
The world
market for Rolling Stock caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Rolling
Stock Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Rolling Stock Market
v
Identification
of key factors driving investment opportunities in the Rolling Stock
Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants
