Global Railcar Mover Market - Size, Share, Growth, Trends and Forecast by 2020

The rapid expansion of crude oil production in North America has increased the usage of railroad tank cars to carry crude to refineries. Asia Pacific railcar mover market is expected to grow at a CAGR of 1.33% during the period 2014 to 2020.


Albany, NY -- (SBWIRE) -- 12/30/2015 -- The Railcar Mover market research study analyzes the market on a global level, and provides estimates in terms of revenue (USD million) from 2014 to 2020. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the next few years.

A railcar mover is fitted with couplers for moving small number of railroad cars around in a small yard and rail siding. It is capable of travelling on both rail tracks and roads. Railcar movers are used extensively, as they are more economic and convenient compared to locomotives.

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Railcar movers are usually light weight; however, with the increase in demand, they are gaining more tractive effort by transferring weight from the car they are hauling onto their wheels, in order to increase their effective weight. Due to technological advancements, the market for railcar mover in mid segment tractive effort is growing significantly. Increasing demand for rail equipment and services further boosted the market for railcar movers. In addition, growth in chemical, construction, and agricultural industries and railroads, and manufacturing sectors is driving demand for railcar movers in Europe, the U.S., and parts of Asia Pacific, creating opportunities in these regions.

Railcar mover manufacturers play a decisive role in pricing, technological modification, and reliability in the value chain of the railcar mover market. Manufacturers in this industry are driven by demand from mining, oil and gas and manufacturing sectors. Manufacturers compete with each other and continue to exert price pressure on raw material suppliers of local railcar movers. Brandt Road Rail, Corporation, Railquip, Inc., Shuttlewagon, Inc., Stewart & Stevenson, LLC, and Trackmobile, Inc. are some of the major railcar mover manufacturers in this industry, who supply products to end-user industries.

The global railcar mover market is segmented by region into North America, Europe, Asia Pacific (APAC) and Rest of the World (RoW). Ability to move on and off the rail track, low fuel consumption, are the major factors driving the railcar mover market. Reliability and low penetration rate in nationalized railway network are other factors driving this market. Moreover, with the rise in economic prosperity, GDP gains and rapid industrialization in developed countries in APAC and RoW poised the growth of the market.

This report provides strategic analysis of the global railcar mover market, and the growth forecast for the period 2014 to 2020. The span of the report includes competitive analysis of various market segments based on the types, module and in-depth cross sectional analysis of the railcar mover market across different geographic segments. To support the strategic decision making, the report also includes profiling of leading players in the industry, their market share and various strategies adopted by them. The Porter's Five Forces analysis and market attractiveness analysis included in the report provide insight into market dynamics and industry competition.

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The report also provides company market share analysis of the various industry participants with company overview, financial overview, business strategies, SWOT analysis, and recent developments in the field of Railcar Mover market. Major market participants profiled in this report include Trackmobile, Shuttlewagon, and Railking among others.

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