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Rolling Stock Market by Type, Locomotive Technology, Application, & by Region - Trend and Forecast to 2021

Rolling Stock Market: Forecast until 2021

  • February 2016
  • 144 pages
  • ID: 4031784
In this report:
China is the market leader in Asia-Oceania, with a market size, in terms of volume; the Chinese market is expected to grow from an estimated ##,## units in 2016 to ##,## units by 2021 at a CAGR of ##.##%.
The market for electric locomotives is expected to grow from ##,## units in 2016 to ##,## units by 2021, at a CAGR of ##.##%, led by increasing electrification of rail networks.

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The rolling stock market, in terms of value significance, is expected to grow at a compound annual growth rate (CAGR) of ~3.7 percent from 2016 to 2021. The industry is projected to be ~$49.0B in 2016, and is projected to extend 58.66 billion by 2021. The increase of this market is fueled by infrastructural developments in the Asia-Oceania area and the approval of new rail lines.

"High-speed rail projects to drive the rolling stock market in Oceania/Asia"

Oceania/Asia is anticipated to be the biggest market for rolling stock. It is projected to hold the largest portion of market share, by value, in 2016. This can be primarily attributed to the demand for high-speed rail projects and dedicated freight corridors in the territory. The electric multiple unit segment is expected to account for the largest part of market share in 2016. The sector for passenger wagons is anticipated to occupy the second-largest share of the Asia-Oceania market.

"Technological improvements are a main driver of the EMU market"

There has been a quick growth in the number of technological advancements in the rolling stock market. The EMU segment is forecasted to hold the biggest market share, in terms of value importance, in 2016. This can be credited to the latest generation of EMUs, which are characterized by modular designs. Advanced EMUs are highly efficient and generally favored over diesel multiple units. They offer an intelligent travel experience, which comprises on-board internet and entertainment, smart ticketing, automated fare collection, and door-to-door services. Such innovations would spur the increase of the rolling stock market.

The market research includes industry insights from different market experts, ranging from component suppliers to Tier 1 firms and Original equipment manufacturers. The break-up of the primaries is like:

- By Company category - Tier 1 - 42 %, Tier 2 - 26.0 percent, Others - 32.0 percent

- By Description - C-suite - 40.0 percent, D-suite - 29.0 percent, Others - 31.0 percent

- By area - North america (NA) - 38.0 percent, Europe - 22.0 percent, Asia-Oceania - 30.0 percent, RoW - 10.0 percent

Why Purchasing This Study Can Help You:

The analysis offers business insights about the following parts:

- Business entry: Exhaustive information about the rolling stock market provided by the most important 10 market actors in the industry

- Product improvement/Innovative products: In-depth understanding into up-on-coming technologies, Research&development activities, and recent product launches in the rolling stock market

- Industry development: Highlighted information about types of rolling stock. The market research examines the sector for different rolling stock across localities

- Industry diversification: Complete information about recent products, untapped regional sectors, recent evolutions, and market investments in the rolling stock market

- Opposing assessment: In-depth assessment of the market shares, strategies, products, and manufacturing competences of key players in the rolling stock market

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