The Global Train Loaders Market to grow at a CAGR of 5.80% during the period 2017-2021.
Global Train Loaders Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is growing automation in loading system. Transportation cost is significant for mining, petroleum, and coal companies. The average transportation cost of coal and other materials has increased by 50% during the last decade. The transportation cost includes loading cost. Loading system will witness increased automation to reduce the overall transportation cost. Train loader vendors are offering significant methods to not only enhance the efficiency of the supply chain but also protect the environment, production plants, and personnel.
According to the report, one of the major drivers for this market is rising demand from the power and energy generation industries. The exponential growth in industrialization and urbanization in developing countries such as China and India are driving the demand for power and energy generation.
Further, the report states that one of the major factors hindering the growth of this market is high entry barriers. The entry barriers for the train loaders market are high. The key reason for a strong entry barrier in the market is its captive-intense nature. This will restrict the entry of new players into the market. Thus, the market for train loaders is more concentrated with a few number of players. This concentrated market is expected to grow in two ways, wherein all players in the market monopolize, which, in turn, reduces the bargaining power of buyers and suppliers.
- Schenck Process
- FAM Förderanlagen Magdeburg
Other prominent vendors
- Frigate Teknologies
- Elecon Engineering Company Limited
- BEUMER Group
- AUMUND Group
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Types of train loaders
Part 07: Market segmentation by end-user
Part 08: Geographical segmentation
Part 09: Decision framework
Part 10: Drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/rvpcwm/global_train