The latest report on Rolling Stock Market by Infinium Global Research gives complete coverage of the rolling stock market by product type (locomotives, coaches, wagons, rapid transit), component (pantograph, axle, traction motor, passenger information system, auxiliary power system, air conditioning system), application (passenger transportation, and freight) in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and application trends in the regional markets of rolling stock such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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Rolling Stocks are Mostly Used in The Rail Transport Industry
Rolling stock is the term used for self-propelled transportation equipment that moves on a railway track. The wheeled vehicles collectively used on a railway, including the locomotives, passenger coaches, freight wagons, guard’s vans, etc. The rolling stocks are both powered and unpowered vehicles. Rolling stocks are mostly used in the rail transport industry. In some countries such as the U.S., rolling stock term is also referred for as the wheeled vehicles used by businesses on roadways.
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 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 is driving the growth of 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 the rolling stocks market.
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The Demand for the Rolling Stock is Projected to Create Several Growth Opportunities in the Rolling Stocks Industry
The use of specific light-weighted components is growing in rail manufacturing to expand improve fuel efficiency and reliability of rail vehicles. Furthermore, the various companies, as well as the government, are investing more into the rolling stocks in order to expand transportation capacity is expected to boost the demand for the rolling stock are projected to create several growth opportunities in the rolling stocks market.
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 the adoption of rolling sticks in rail transport industries are the factor driving the growth of the rolling stocks market in the Asia Pacific region. In addition, the high adoption of metro and electric trains among China, Indian and other countries is expected to create numerous opportunities in the rolling stacks market.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the rolling stock.
- Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.