Fact.MR has announced the addition of the “ Rolling Stocks Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028"report to their offering.
Pune, Maharashtra -- (SBWIRE) -- 03/29/2019 -- Rolling Stocks Market - About the Report
Fact.MR has compiled a study on the rolling stocks market and published a report titled, "Rolling Stocks Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2027." The rolling stocks market report provides an in-depth analysis of all the vital facets of the rolling stocks market that hold a prominent influence on future growth. The report also covers a comprehensive analysis of associated industry assessment and competitive landscape in the rolling stocks market.
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Rolling Stocks Market Structure
The rolling stocks market report includes a section of the market structure that delivers information regarding the rolling stocks market segmentation. The market structure has been derived after an in-depth study of the rolling stocks market. Based on this, the rolling stocks market is segmented based on product type and application type.
Rolling Stocks Marketplace Shows Heavy Consolidation
The rolling stock market remains highly clustered among can top 5 players - CRRC Corporation Limited, Bombardier Transportation, Alstom Transport, GE Transportation and Siemens, who hold significant revenue share of the market.
Competition remains intense in the rolling stocks market, with CRRC Corporation at the forefront, which continues to face a fierce competition from Bombardier and GE. Additionally, J-TREC. Alstom, Siemens, Kawasaki Heavy Industries and PESA are other leading contenders who are engaged in product innovation and expansion of their product portfolio.
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Rolling Stock Businesses Realign as Manufacturers Procure Big Ticket Projects
A modest outlook has been witnessed in the rolling stocks market in the past decade, in line with significant railway infrastructure investments made by national governments. As business giants become more engaged in increasing their market share through procurement of big ticket projects, the rolling stocks market continues to witness realignment.
Rolling Stocks Market - Notable Highlights
CRRC Corporation Limited (CRRC), a rolling stock giant signed a strategic agreement with TÜV Rheinland, a global technical service provider – to improve their collaborative services including international compliance testing and certification of rolling stocks in September 2018.
Siemens announced the investment of 200 million euros to start rolling stocks factory at Goole in the East Riding of Yorkshire, UK in March 2018. In April, the company got approval from the Orange County Transportation Authority to supply vehicles for the county's Streetcar project.
In February 2018, Swiss Stadler Rail AG announced the plan of building a new factory in Georgia which will focus on the manufacture of new rolling stocks and repair services for the Georgian Railway and the Tbilisi Metro.
Three new Evolution Series locomotives from GE Transportation will be acquired by Iowa Interstate Railroad Ltd., announced GE in October 2018. The new rolling stocks scheduled to be manufactured in 2020 will be used in interstate transportation of metals, grains and ethanol.
In 2017, Tokyu Corporation ordered 10-car electric multiple units from Japan Transport Engineering Company (J-TREC) for Tokyo's suburban services at Denentoshi Line. The new units will be designated as Series 2020 as the country will host the 2020 Olympic Games.
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The rolling stocks market is segmented based on product type and different product types of rolling stocks studied in the report are locomotive, passenger coach, multiple units and freight wagons.
Based on application, the rolling stocks market is segmented into passenger application and freight application. The rolling stocks market is also studied for key business regions including North America, Latin America, Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). The regional analysis is backed by a thorough country-wise assessment of rolling stocks market in all regions.
Additional Questions Answered
In addition to the aforementioned insights, the rolling stocks market report covers all-inclusive information of the industry. The comprehensive analysis of the rolling stocks market can answer some of the important questions of the business professional interested in the rolling stocks market.
Which application of rolling stocks will be highly lucrative in 2019?
What will be the size of the rolling stocks market in terms of value and volume in 2019?
At what rate will the rolling stocks market grow in 2019 over 2019?
Which region represented leading installations of rolling stocks in 2018?
What will be the size of the rolling stocks market by the end of 2027?
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