The report "Rail Infrastructure Market by Infrastructure (Rail Network, New Track Investment and Maintenance Investment), by Type (Locomotive, Rapid Transit Vehicle and Railcar) and Region (Europe, Asia-Pacific, North America and RoW) - Global Forecast 2020. Reached an estimated market size of USD 45.73 Billion in 2015. It is projected to grow to 54.55 Billion by 2020, at a CAGR of 3.59%. The increasing urbanization across the globe and railway privatization in growing economies of Asia-Pacific are some of the key drivers fueling the growth of the rolling stock infrastructure market.
Download our free PDF Brochure and gain crucial industry insights that will help your business grow:
Railroad car market: Set to grow at the highest CAGR market, in terms of value, during forecasted period
The report segments the global rail infrastructure market on the basis of type into railroad, rapid transit, and locomotive. Locomotives are traditionally used to haul freight and passenger wagons for long distance main line transport. However, vehicles such as metros, light rail vehicles, and subways are being used for intra-city as well as intercity transportation. The growth of this market can be attributed to factors such as the growing global population, increasing urbanization, rising need for cleaner and faster modes of transportation, and economic growth.
Request for free Customization:
Asia-Pacific: Fastest-growing’ market, in terms of value, for rolling stock and its infrastructure
Asia-Oceania comprises emerging and developing economies such as India, China, Japan, and Korea, and is experiencing a considerable growth in population. The rolling stock industry is witnessing growing demand after a weak performance in 2008, following the global recession. Global OEMs are investing in this region, following new market opportunities. Increasing urbanization, reduction of road congestion, and technological advancements in rolling stocks are driving growth of the rolling stock infrastructure industry in Asia-Pacific. This has resulted in a surge in demand for locomotives, rapid transit vehicles, and wagons. The region houses major players such as CSR Corporation Ltd. (China) and Kawasaki Heavy Industries Ltd. (Japan).
Request for sample:
North America:Promising market for rolling stock
North America is witnessing a growth in the demand for locomotives and rapid transit vehicles, which is positively impacting the rolling stock infrastructure industry. An increasing number of Eastern European and Asian players are forming joint ventures with U.S. manufacturers, as the rolling stock manufactured in the North American region is considered technologically advanced. Furthermore, North America is a major market for rolling stock owing to the increasing urbanization in the region. Major suppliers such as GE Transportation (U.S.) and Bombardier Inc. (Canada) are catering to the rising demand in the region.
Rail Infrastructure Market Key Players
The global rail infrastructure market ecosystem consists of manufacturers including CSR Corp. (China) Bombardier Transportation (Canada), and Alstom (France), Research Institutes such as the Railway Technical Research Institute of India, CNR Sifang Rolling Stock Research Institute China, and Qingdao Sifang Rolling Stock Research Institute Co., Ltd, and JSC Railway Research Institute (VNIIZHT) among others.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441