DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Locomotive Engine Suspension Market 2017-2021" report to their offering.
The analysts forecast the global Locomotive Engine Suspension market to grow at a CAGR of 3.32% during the period 2017-2021.
Global Locomotive Engine Suspension 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 emergence of electric switchable yaw dampers. A yaw damper is a type of shock absorber that helps prevent the locomotive engines or railcars from excessively swaying sideways.
The yaw dampers prevent the locomotive engines from striking the platform while reducing the gap between the platform and locomotive engine while rolling past a railway platform.
According to the report, one of the major drivers for this market is shortage in vehicle logistics for road and rail transport. In emerging countries like China and India, there is a growing preference for road transportation. The subsequent increase in the use of heavy-, medium-, and light-duty vehicles will lead to less share of rail being used for transport.
In China, traffic jams are caused due to large heavy-duty trucks transporting goods from inner Mongolia to Beijing. One of the main reasons that road transport is preferred for transporting cargo is the limited number of freight rail services in the country.
Other prominent vendors
- Koni-Enidine Rail
Suomen Vaimennin Oy
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: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/f95n3j/global_locomotive