The global railway AC units market to grow at a CAGR of 4.96% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global railway AC units market for 2017-2021. To calculate the market size, the report considers the new installations/shipments/sales/volume and excludes retrofitting and replacement demand. The report also includes a discussion of the Key vendors operating in this market.
AC systems used in railways are usually roof mounted. Air conditioners consist of the following components: compressors, condensers, expansion valves, and evaporators. The global railway AC units market was segmented on the basis of railway type and key regions. On the basis of railway type, the market is segmented into locomotives, railroad cars, and rapid transit vehicles. The following exhibit represents the current market scenario and future prospects of each segment in the market.
According to the report, one of the major drivers for this market is increased investments across major countries to tap railway potential. Significant investment initiatives in public transit systems by many countries worldwide have helped to boost the market growth for rolling stocks. Electric train networks are excellent alternatives to road transportation networks and airways that are prone to congestion. The plunge in fuel prices is also prompting an increase in the number of people to choose trains over road or air transports.
Further, the report states that one of the major factors hindering the growth of this market is lack of private sector participation hampering growth of railways in developing countries. Capital investment in the railway system is exhaustive and demanding. It requires the regulators and governments to scrutinize every detail regarding management of infrastructure, services, and energy regulation among others.
- Lloyd Electric & Engineering
- Ingersoll Rand
- Liebherr-Transportation Systems
Other prominent vendors
- Argos Engineering
- DC Airco
- Faiveley Transport
- Specialist Mechanical Engineers (SME)
- Trans Elektro
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: Decision framework
Part 09: Drivers and challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Key vendor analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/6wjkgm/global_railway_ac