123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Automobiles >> View Article

Rolling Stock Market, Size, Share, Growth, Report (2018-2025)

Profile Picture
By Author: Markets and Markets
Total Articles: 58
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

The global rolling stock market is estimated to be USD 54.43 billion in 2018 and is projected to reach USD 73.80 billion by 2025, growing at a CAGR of 4.44% from 2018 to 2025. Asia Oceania is estimated to lead the market in 2018; China, Japan, and India are the key contributors to the rolling stock market in the region. Increasing urbanization, adoption of public transport as a means of reducing traffic congestion, growing demand for energy-efficient transport and increasing adoption of rolling stocks for freight transportation are major drivers of the rolling stock market. Along with this, the leading rail infrastructure developers are also adopting collaboration strategies with local rail authorities to develop rail infrastructure.
The rolling stock market is dominated by global players such as CRRC (China), Siemens (Germany), Bombardier (Canada), Alstom (France), Kawasaki Heavy Industries (Japan), Hyundai Rotem (South Korea), and General Electric Company (US). The other major players in the rolling stock market are focusing on expanding their regional presence to achieve continuous and sustainable development. This is evident from the several collaborations, supply contracts and joint venture projects undertaken by these companies in recent years.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=4380892
CRRC is currently headquartered in Beijing, China. In 2015, CSR merged with China CNR to form CRRC. The company is in the research and development, design, manufacture, sale, refurbishment, and lease of transportation vehicles. Its rolling stock product portfolio includes high-speed MUs, high-powered electric locomotives, transit vehicles, heavy haul freight trains, and passenger carriages. Its major share of revenues is derived from the domestic Chinese market. However, recently the company started expanding in the global market to diversify its revenue mix. For instance, it received a supply contract from a Hong Kong transportation company named MTR Corporation. The company is also targeting the high growth regions such as the Middle East and North Africa.

Bombardier (Canada) is one of the global leaders in the production of rolling stocks and aircraft. It is headquartered in Montreal, Canada and was founded in 1974. The company manufactures light rail vehicles, metros, commuter and regional trains, intercity trains, high speed and very high-speed trains, locomotives, propulsion and controls and bogies in its transportation segment. The company has secured supply contracts for its products, which will help maintain balanced revenue. For example, Bombardier secured supply contracts with major transportation authorities such as Transport for London, Australia’s Gold Coast light rail system, Israel Railways, Czech Railways, Singapore’s Land Transport Authority, and Deutsche Bahn (Germany). Bombardier signed a contract with Singapore’s Land Transport Authority (LTA) in July 2018. The contract’s scope covers the supply of 396 BOMBARDIER MOVIA metro cars for passenger services on the high-capacity North-South (NSL) and East-West (EWL) Mass Rapid Transit (MRT) lines. The contract is valued at approximately USD 607 million. The contract includes an option for long-term service support, and if exercised by SMRT Corporation Ltd., the total contract could be worth up to USD 881 million.
Speak To Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=4380892
About MarketsandMarkets™
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.
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.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Total Views: 54Word Count: 703See All articles From Author

Add Comment

Automobiles Articles

1. How To Hit The Busy Road By Learning Effective Driving From Experts
Author: Nicholas Manchee

2. 6 Logical Reasons Why Investing In Harley Davidson Is A Wise Decision
Author: Levi Fysh

3. Get Familiar With The Different Types Of Car Headlights Available In The Market
Author: Hamish Crotty

4. Sell Your Car Today In West Palm Beach, Fl
Author: Adrian Hilario

5. List Of Factors You Should Consider When Opting For A Car Service Provider
Author: Oliver Mertin

6. Mens Motorcycle Jackets Come In Different Designs And Styles!
Author: Ricardo Rios

7. Is Buying A Used Transmission A Good Idea?
Author: Pream Madhan

8. Which Is Worth Buying A Used Transmission Or Rebuild?
Author: Praveen Jesvin

9. Used Engines Offers You Best Engines And Transmissions
Author: used car engines

10. Luxury Car Rentals For Weddings
Author: Vic Tyagi

11. How Lineman And Metric Socket Sets Can Benefit You?
Author: The Socketlocker

12. Led Taillights: Making Your On-road Communication Right
Author: Aoonu auto

13. 7 Things About Car Used Engines
Author: Praveen Jesvin

14. What Are The Benefits Of Accessories For Your Car?
Author: Gaurav Bansal

15. Where To Find Dirt Bikes
Author: Gaurav Bansal

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: