The main objective of this report is to define, describe, and forecast the global “Rolling Stock” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market. According to the report, the global rolling stock market is projected to grow at a CAGR of 5.1% over the forecast period of 2018-2024.
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Benefits offered by the rolling stock are driving the growth of rolling stocks market
The world’s transportation infrastructure is growing rapidly. Several countries are more focused on the improvements of the public transportation systems, especially the rail infrastructure. The rolling stocks are vehicles or the systems that offer faster, safer, and well suited for carrying heavy or bulky goods with the high cost-effectiveness are driving the growth of rolling stocks through the various countries. The rolling stocks are been increasingly adopted in the public transportation sectors in order to reduce traffic congestion, which in turn , is driving the demand for the rolling stock. Additionally, the rolling stocks such as Locomotives are specifically used in the transportation of numerous goods such as oil, construction equipment, agriculture products and many other industrial goods. The high capacity, speed and economy offered by the rolling stock are majorly used in the goods transportations. The growing use of rolling stocks in industrial applications has driven the demand for the rolling stock. However, the high initial investments are restraining the growth of rolling stocks market.
Alstom, IGE+XAO and Safran have agreed to establish a centre of excellence for onboard electrical systems in Toulouse
In October 2018, Located at aerospace equipment manufacturer Safran Electrical & Power’s site, the facility will be able to accommodate up to 100 engineers. IGE+XAO is providing design, simulation and manufacturing software under a five-year agreement, while Safran will work with Alstom on electrical product design, including sharing best practice between aviation and rail.
Vecow Releases ECX-1200/1100 Series Workstation for Rolling Stock Applications
In October 2018, Vecow has released its latest ECX-1200/1100 Series expandable finless embedded system for a range of applications, including rolling stock.
Vecow ECX-1200/1100 Series expandable fanless embedded system has a fanless -40°C to 75°C operation temperature, workstation-grade system performance, system-oriented functions integration, flexible configurations, and rugged reliability.
It is a compact and flexible solution for edge computing, smart manufacturing, rolling stock, robotic control, traffic vision, deep learning and any real-time AIoT / Industry 4.0 applications.
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The system is powered by workstation-grade six-core 8th generation Intel® Xeon® / Core™ i7 / i5 / i3 processor (Coffee Lake-S) with Intel® C246 chipset, Intel® UHD Graphics P630 / 630 supporting up to 4K resolution via DisplayPort, VGA and DVI-D interfaces, up to 64GB of two DDR4 memory.
Asia Pacific is accounted for the maximum market share in the roller stock market, in 2017 and it is expected to dominate over the forecast period
Among the regions, Asia Pacific is accounted for the maximum market share in the roller stock market, in 2017 and it is expected to dominate over the forecast period. The high investments in rail transportation and adoption of rolling sticks in rail transport industries are the factor driving the growth of rolling stocks market in the Asia Pacific region. In addition, the high adoption of metro and electric trains among China, Indian and other countries are expected to create numerous opportunities in the rolling stacks market.
The major key players in Rolling Stock Market are CRRC, Bombardier, Siemens, Alstom, General Electric, Kawasaki Heavy Industries, Hyundai Rotem, Mitsubishi Heavy Industries, Talgo, and Stadler.
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