Infinium Global Research

Rolling Stock Market – Global Industry Analysis, Size, Share, Trends and Forecast 2018 – 2024

Rolling Stock Market (Product Type - Locomotives, Coaches, Wagons, Rapid Transit; Component - Pantograph, Axle, Traction Motor, Passenger Information System, Auxiliary Power System, Air Conditioning System; Application - Passenger Transportation, Freight): Global Industry Analysis, Trends, Size, Share and Forecasts to 2024. The global rolling stock market is projected to grow at a CAGR of 5.1% over the forecast period of 2018-2024.

 

Pune, India -- (SBWIRE) -- 03/30/2019 -- Our latest research report entitled Rolling Stock Market (by product type (locomotives, coaches, wagons, rapid transit), component (pantograph, axle, traction motor, passenger information system, auxiliary power system, air conditioning system), application (passenger transportation, and freight)) Global Industry Analysis, Trends, Size, Share and Forecasts to 2024 provides complete and deep insights into the market dynamics and growth of Rolling Stock. Latest information on market risks, industry chain structure Rolling Stock cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Rolling Stock growth factors. The global rolling stock market is projected to grow at a CAGR of 5.1% over the forecast period of 2018-2024.

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Benefits offered by the rolling stock are driving the growth of rolling stocks market

The world's transportation infrastructure is growing rapidly. Several countries are more focused on the improvements of the public transportation systems, especially the rail infrastructure. The rolling stocks are vehicles or the systems that offer faster, safer, and well suited for carrying heavy or bulky goods with the high cost-effectiveness are driving the growth of rolling stocks through the various countries. The rolling stocks are been increasingly adopted in the public transportation sectors in order to reduce traffic congestion, which in turn, is driving the demand for the rolling stock. Additionally, the rolling stocks such as Locomotives are specifically used in the transportation of numerous goods such as oil, construction equipment, agriculture products, and many other industrial goods. The high capacity, speed, and economy offered by the rolling stock are majorly used in the goods transportations. The growing use of rolling stocks in industrial applications has driven the demand for the rolling stock. However, the high initial investments are restraining the growth of rolling stocks market.

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Alstom, IGE+XAO, and Safran have agreed to establish a center of excellence for onboard electrical systems in Toulouse

In October 2018, located at aerospace equipment manufacturer Safran Electrical & Power's site, the facility will be able to accommodate up to 100 engineers. IGE+XAO is providing design, simulation, and manufacturing software under a five-year agreement, while Safran will work with Alstom on electrical product design, including sharing best practice between aviation and rail.

Vecow Releases ECX-1200/1100 Series Workstation for Rolling Stock Applications

In October 2018, Vecow has released its latest ECX-1200/1100 Series expandable finless embedded system for a range of applications, including rolling stock.

Vecow ECX-1200/1100 Series expandable fanless embedded system has a fanless -40°C to 75°C operation temperature, workstation-grade system performance, system-oriented functions integration, flexible configurations, and rugged reliability.

It is a compact and flexible solution for edge computing, smart manufacturing, rolling stock, robotic control, traffic vision, deep learning and any real-time AIoT / Industry 4.0 applications.

The system is powered by workstation-grade six-core 8th generation Intel® Xeon® / Core™ i7 / i5 / i3 processor (Coffee Lake-S) with Intel® C246 chipset, Intel® UHD Graphics P630 / 630 supporting up to 4K resolution via DisplayPort, VGA, and DVI-D interfaces, up to 64GB of two DDR4 memory.

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The Asia Pacific is accounted for the maximum market share in the roller stock market, in 2017 and it is expected to dominate over the forecast period

Among the regions, Asia Pacific is accounted for the maximum market share in the roller stock market, in 2017 and it is expected to dominate over the forecast period. The high investments in rail transportation and adoption of rolling sticks in rail transport industries are the factor driving the growth of rolling stocks market in the Asia Pacific region. In addition, the high adoption of metro and electric trains among China, Indian and other countries are expected to create numerous opportunities in the rolling stacks market.