DEDHAM, Mass.--(BUSINESS WIRE)--New ARC Advisory Group research on the Rail Rolling Stock market reveals that urbanization, high demand for intercity travels, continuous innovation in IoT, public-private partnerships, and strong emergence of Chinese suppliers of railway rolling stock (locomotives, passenger cars, freight cars, etc.) will drive traditional suppliers to create and adapt to the new business models, which will assist in maintaining desired market shares.
“The rise in industrial production, government funding, implementation of strong emission norms and safety standards, and urbanization have renewed the focus on passenger rail transit. This will augment the demand for rolling stock industry,” according to Pranav Misal, Analyst at ARC Advisory Group and key author of ARC’s Rail Rolling Stock Global Market Research 2017-2022 report.
“Suppliers should address issues like Chinese dominance, uncertainties in emerging economies, fluctuating commodity prices, and growing manufacturing skills gap to maintain the balance within rail industry,” added Misal.
About the Rail Rolling Stock Research
This ARC research explores current market performance and related technology and business trends, identifies leading suppliers, and provides five-year global forecasts for the rolling stock market. This new research is based on ARC’s extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by type of rolling stocks, type of trainsets, type of locomotives and their technologies, and type of wagons.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to five years of historical data (assuming this is included) in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, go to www.arcweb.com/market-studies.