DUBLIN--(BUSINESS WIRE)--The "Rolling Stock Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global rolling stock market share was worth US$ 53.4 Billion in 2018.
Rolling stock refers to all wheeled vehicles that run on railway tracks and includes both powered and unpowered coaches, carriages, passenger cars and freight wagons. It is considered to be one of the most cost-effective modes of conveyance for commuters as well as for transporting heavy or bulky goods over long distances.
It can also be easily customized as per the exact requirements of the end user and provides a larger carrying capacity in comparison to other forms of transportation. As a result, it offers extensive applicability in various industries such as oil and gas, automotive, and mining where tank wagons are used to transport multiple deliverables, industrial chemicals, petrol and diesel.
The increasing urban population and growing industrial mining activities around the world, which have driven the demand for rapid trams, local passenger and fast metro trains, represent the key factors driving the global rolling stock market. People are increasingly opting for public transports as it reduces on-road congestion and provides a time-saving, comfortable and economical mode of transportation.
Moreover, the innovations in big data and analytics have assisted industrial Original Equipment Manufacturers (OEMs) and suppliers to streamline their operations and provide digital solutions, real-time monitoring and predictive maintenance solutions to rolling stock users. Furthermore, technological advancements such as magnetic levitation trains (Maglev Trains), application of IoT in communications, signaling, engineering and enhancing onboard experience for the passengers have also catalyzed the growth of the global rolling stock market.
Looking forward, the publisher expects the market to reach a value of US$ 65.3 Billion by 2024, registering a CAGR of around 3% during 2019-2024.
Key Questions Answered in This Report:
- How has the global rolling stock market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global rolling stock industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the locomotive technology?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the global rolling stock industry?
- What are the key driving factors and challenges in the global rolling stock industry?
- What is the structure of the global rolling stock industry and who are the key players?
- What is the degree of competition in the global rolling stock industry?
- What are the profit margins in the global rolling stock industry?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Rolling Stock Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Locomotive Technology
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Type
6.1 Diesel Locomotive
6.2 Electric Locomotive
7 Market Breakup by Locomotive Technology
7.1 Conventional Locomotive
7.2 Turbocharge Locomotive
8 Market Breakup by Application
8.1 Passenger Coach
8.2 Freight Wagon
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/bx2o8f