DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/56fngd/rolling_stock) has announced the addition of the "Rolling Stock Market in Europe 2015-2019" report to their offering.
The rolling stock market in Europe to grow at a CAGR of 3.16% over the period 2014-2019.
This report covers the present scenario and growth prospects of the rolling stock market in Europe for the period 2015-2019. To calculate the market size, this report covers revenue generated by vendors in the market. The report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors. Vendors in the market are ranked on the basis of qualitative and quantitative parameters considered during the research.
In addition, it discusses the major drivers that influence the growth of the market, and summarizes the challenges faced by vendors and the market at large, and the key trends emerging in the market. The report includes a discussion on the key vendors operating in this market.
Growing urbanization and increased mobility have resulted in the soaring demand for passenger coaches in the urban rail market. Urban rail transit comprises various types of local rail systems that provide passenger services within or around urban areas. With the growing population shifting to urban areas, the demand for rail transportation services has increased. This will lead to an increase in the number of rail passenger carriers such as trams, light rail, monorail, and commuter rail services. The rise in the number of rail passenger carriers will in turn lead to increased demand for rolling stock components.
According to the report, currently, the rail supply market includes rail infrastructure turnkey projects, rail signaling services, and rolling stock. The growth in the overall rail supply market exerts a positive impact on the rolling stock segment as they are correlated. Despite the economic slowdown in many European and Asian economies, where important rail industry value chain vendors operate, the global rail supply market grew steadily during 2012-2014. Europe dominates the global rail supply market, as the majority of the leading vendors operate and have manufacturing sites in countries like France, Germany, and the UK.
Further, the report states that high initial investment is hindering the market growth.
The report considers two major types of locomotives:
- Diesel locomotives
- Electric locomotives
- Construcciones y Auxiliar de Ferrocarriles
- Stadler Rail
Other prominent vendors
- Astra Rail
- CJSC Transmashholding
- Downer Rail
- Faiveley Transport
- GE Transportation
- Hitachi Rail Europe
- JSC Dneprovagonmash
- Kambarka Engineering Works
- Lohr Industrie
- OJSC Altaivagon
- PESA Bydgoszcz
- PKC Group
- Progress Rail Services
- Promtractor-Vagon CJSC
- SCG Solutions
- Schweizerische Industrie Gesellschaft
- Sinara Transport Machines
- Skoda Transportation
- Trinity Industries
For more information visit http://www.researchandmarkets.com/research/56fngd/rolling_stock