City of Industry, CA -- (SBWire) -- 07/24/2018 --This report studies the global Railway Equipment market status and forecast, categorizes the global Railway Equipment market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
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. 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; together, it accounts for about 70% of total industry revenue. The key companies are CRRC, Alstom, Siemens, Bombardier, CRCC, CRECG, General Electric, Hitachi, Hyundai Rotem, Transmashholding, Voestalpine, Toshiba, Kawasaki, CRSC, Wabtec and etc.
The Railway Equipment market is expected to grow at a CAGR of 4.99% from 128.448 billion USD in 2017 to reach 189.612 billion USD by 2025 in global market. 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.
The major players covered in this report
CRRC
Alstom
Siemens
Bombardier
CRCC
CRECG
General Electric
Hitachi
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
United States
Europe
China
Japan
Southeast Asia
India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Rolling Stock
Railway Infrastructure
Others
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
Locomotives
DMUs
EMUs
Freight Vehicles
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The study objectives of this report are:
To analyze and study the global Railway Equipment sales, value, status (2013-2017) and forecast (2018-2025);
To analyze the top players in North America, Europe, China, Japan, Southeast Asia and India, to study the sales, value and market share of top players in these regions.
Focuses on the key Railway Equipment players, to study the sales, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Railway Equipment are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Railway Equipment Manufacturers
Railway Equipment Distributors/Traders/Wholesalers
Railway Equipment Subcomponent Manufacturers
Industry Association
Downstream Vendors
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Railway Equipment market, by end-use.
Detailed analysis and profiles of additional market players.
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Railway Equipment Sales Market Is Supposed to Reach 189.612 Billion USD by 2025
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.