Selbyville, DE -- (SBWire) -- 02/28/2019 --According to this study, over the next five years the Railway Equipment market will register a 5.0% CAGR in terms of revenue, the global market size will reach US$ 171700 million by 2024, from US$ 128400 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Railway Equipment business, shared in Chapter 3.
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.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3. CRRC,Alstom, Siemens, Bombardier, CRCC, CRECG, General Electric, Hitachi
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.
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Railway Equipment Market Report – Quick Rundown:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Rolling Stock
- Railway Infrastructure
- Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Locomotives
- DMUs
- EMUs
- Freight Vehicles
- Others
With an objective to help understand the development plans and policies, manufacturing processes, cost structures of Railway Equipment market, this report lists and profiles leading players with top level information on them. Wherever applicable, it also focuses on the details like supply chain, market statistics, product images, development plan outlook, consumption (where available), growth rates, contact details and much more.
Sub-segments of the Railway Equipment market are expansively analyzed covering industry dynamics, help on a feasibility study, vendor strategies, growth prospects and market share of the industry. Growth projections for next few years form an important aspect of this 2018 Railway Equipment report.
Apart from whatever is already offered in this Railway Equipment market research, the report can be customized to meet your needs – be it additional company coverage or country coverage or anything specific that you need.
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Table OF Content:
2019-2024 Global Railway Equipment Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Railway Equipment Consumption 2014-2024
2.1.2 Railway Equipment Consumption CAGR by Region
2.2 Railway Equipment Segment by Type
2.2.1 Railway Equipment Concentrate
2.2.2 Railway Equipment Isolate
2.2.3 Textured Railway Equipment
2.2.4 Soy Flour
2.3 Railway Equipment Consumption by Type
2.3.1 Global Railway Equipment Consumption Market Share by Type (2014-2019)
2.3.2 Global Railway Equipment Revenue and Market Share by Type (2014-2019)
2.3.3 Global Railway Equipment Sale Price by Type (2014-2019)
2.4 Railway Equipment Segment by Application
2.4.1 Processed Meat Products
2.4.2 Bakery and Confectionary
2.4.3 Beverage
2.4.4 Animal Feed
2.4.5 Others
2.5 Railway Equipment Consumption by Application
2.5.1 Global Railway Equipment Consumption Market Share by Application (2014-2019)
2.5.2 Global Railway Equipment Value and Market Share by Application (2014-2019)
2.5.3 Global Railway Equipment Sale Price by Application (2014-2019)
3 Global Railway Equipment by Players
3.1 Global Railway Equipment Sales Market Share by Players
3.1.1 Global Railway Equipment Sales by Players (2017-2019)
3.1.2 Global Railway Equipment Sales Market Share by Players (2017-2019)
3.2 Global Railway Equipment Revenue Market Share by Players
3.2.1 Global Railway Equipment Revenue by Players (2017-2019)
3.2.2 Global Railway Equipment Revenue Market Share by Players (2017-2019)
3.3 Global Railway Equipment Sale Price by Players
3.4 Global Railway Equipment Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Railway Equipment Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Railway Equipment Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Railway Equipment by Regions
4.1 Railway Equipment by Regions
4.1.1 Global Railway Equipment Consumption by Regions
4.1.2 Global Railway Equipment Value by Regions
4.2 Americas Railway Equipment Consumption Growth
4.3 APAC Railway Equipment Consumption Growth
4.4 Europe Railway Equipment Consumption Growth
4.5 Middle East & Africa Railway Equipment Consumption Growth
Related Report:
Global Railway Equipment Market Research Report 2019
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.
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At 5% CAGR, Railway Equipment Market Will Reach 171700 Million USD by 2024 - CRRC,Alstom, Siemens, Bombardier, CRCC, CRECG, General Electric, Hitachi
This Global Railway Equipment market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.