Press release
Market Insights of Rolling Stocks: Global Industry Analysis and Forecast Till 2027
Rolling stocks market witnessed sales of nearly 250 thousand units in 2018 and is expected to grow at a steady CAGR of 2.9% in 2019. Overall growth of the rolling stocks market can be attributed to,Industry titans acquiring big-ticket projects of rolling stocks
Promotion of railway transport as a sustainable transportation mode
Growing focus on increasing the average life of rolling stocks by predictive maintenance and remote monitoring in the services landscape
Optimistic outlook of autonomous trains and ongoing development of compatible rolling stocks
Click Here to Get Complete Synopsis of this Report
https://www.factmr.com/report/2798/rolling-stocks-market?utm_source=anup&utm_id=openpr
The ongoing focus of governments to promote the railway as a sustainable mode of transportation has resulted in a growing number of tenders of new rolling stocks being procured by manufacturers. Further, with the construction of new railway roads to increase connectivity and promotion of autonomous railway, new trains are being introduced across the world’s developing economies. Developments in designs of rolling stocks compatible to autonomous train are also underway.
“Rolling stock landscape has witnessed a steady advancement with the introduction of technological advances in manufacturing as well as repair and maintenance space. While predictive maintenance significantly improved service space, ongoing efforts to develop rolling stocks for autonomous trains is likely to maintain a profitable growth trajectory in the coming years and generation of revenues worth over US$ 59 billion in 2019,” says a senior analyst at Fact.MR.
Request a Sample of this Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=2798&utm_source=anup&utm_id=openpr
Freight Wagons Held Half the Sales in 2018, Passenger Rolling Stocks Growing Rapidly
Fact.MR study finds that among different types of rolling stocks, freight wagons accounted for nearly half the rolling stocks sold in 2018. Freight wagons form an important connection between railway transportation and different logistics services. As railway freight transport is being embraced by national governments, efforts are underway to improve the efficiency of freight wagons.
The global rail market is witnessing larger tender procurements by manufacturers to supply new and efficient fright wagons. For instance, Russia’s RM Rail signed an agreement with Iran’s MSA Company for construction of 1000 freight wagons in June 2018. Indian Railways also set out a tender for 22,000 freight wagons in June 2018. Ukrainian Railways passed a US$ 260 million tender for purchase of gondola wagons, freight wagons and self-discharging cars in January 2018.
The study reveals that sales of passenger rolling stocks are increasing at a rapid rate and expected to grow at 4.3% in 2019 over 2018. Passenger rolling stock designs have evolved significantly in a bid to accommodate evolving consumer demand for comfort and safety. In addition, introduction of new trains in the wake of promoting railway transport in emerging economies has led to a number of tenders of passenger rolling stocks.
Buy Now this Exclusive Report
https://www.factmr.com/checkout/2798?utm_source=anup&utm_id=openpr
Over 5 in 10 Rolling Stocks Found Utilization in Freight Application
Based on application, rolling stock utilization in freight application remains higher as compared to passenger application. Fact.MR shows that over 5 in 10 rolling stocks were used in freight application in 2018. As freight application of rolling stocks significantly contributes to the enhancement of economic performance and meet logistic demands, the future status quo of freight application is expected to remain steady in the coming years.
Fact.MR study finds that APEJ continues to spearhead the global rolling stock sales and registered over 36% of the global demand in 2018 and the status-quo is expected to continue in 2018 at the growth rate of 3.3%. Emerging economies in the region are actively engaged in the development of railway infrastructure, thereby presenting lucrative opportunities for manufacturers in the coming years.
Owing to favorable price points of raw materials and lower manufacturing costs, in terms of revenue generation in APEJ follows Europe. Europe is actively engaged in promoting railway decarbonization and projected to sell over 75 thousand units of rolling stocks in 2019.
The Fact.MR report tracks the rolling stocks market for the period 2019-2027. According to the report, the rolling stocks market is projected to grow at 3.3% CAGR through 2027.
Speak to Research Analyst
https://www.factmr.com/connectus/sample?flag=AE&rep_id=2798&utm_source=anup&utm_id=openpr
Additional Questions Answered
Which application of rolling stocks will be highly lucrative in 2019?
What will be the size of the rolling stocks market in terms of value and volume in 2019?
At what rate will the rolling stocks market grow in 2019 over 2019?
Which region represented leading installations of rolling stocks in 2018?
What will be the size of the rolling stocks market by the end of 2027?
For more Insights
https://www.prnewswire.com/news-releases/termite-bait-products-gaining-traction-as-a-no-chemical-environmental-friendly-alternatives-against-termite-infestation-factmr-301294954.html
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email : sales@factmr.com
Website : https://www.factmr.com
About us
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Market Insights of Rolling Stocks: Global Industry Analysis and Forecast Till 2027 here
News-ID: 2334242 • Views: …
More Releases from Fact.MR
Citrus Peel Fibre and Pectin Market Projected to Reach USD 1.91 Billion by 2035, …
The global citrus peel fibre and pectin market is set to experience substantial growth over the next decade, driven by rising consumer demand for natural ingredients, increasing adoption in the food and beverage industry, and the growing focus on health and wellness.
According to recent analysis, the market is projected to grow from USD 1,100.0 million in 2025 to approximately USD 1,914.9 million by 2035, marking a total growth of…
Brewers' Spent Grain Flour Market to Hit USD 651M by 2035, Driven by Sustainabil …
The global brewers' spent grain flour market is projected to grow from USD 385.0 million in 2025 to approximately USD 651.4 million by 2035, recording an absolute increase of USD 267.7 million over the forecast period.
This translates into a total growth of 69.5%, with the market forecast to expand at a compound annual growth rate (CAGR) of 5.4% between 2025 and 2035. The rising focus on upcycling brewery byproducts…
Global Hybrid Emulsifiers Market to Surpass USD 1 Billion by 2035, Driven by Cle …
The global hybrid emulsifiers market is witnessing strong growth and is projected to reach USD 1,013.2 million by 2035, up from USD 550 million in 2025.
With a compound annual growth rate (CAGR) of 6.3% over the forecast period, the industry is being fueled by increasing demand for natural, multifunctional emulsifiers across food, beverage, and personal care sectors. The market is experiencing a shift towards clean-label and sustainable ingredients, reflecting…
Chlorella-Derived Whole-Food Colours Market to Reach USD 171.7 Million by 2035, …
The global chlorella-derived whole-food colours market is experiencing robust growth, driven by rising consumer demand for natural and clean-label ingredients.
The market is projected to expand from USD 95.0 million in 2025 to approximately USD 171.7 million by 2035, reflecting a total increase of USD 80.0 million and a compound annual growth rate (CAGR) of 6.1%. This growth trajectory highlights the increasing adoption of chlorella-based colourants in the food, beverage,…
More Releases for Rolling
Rolling Stocks - Ultimate PDF Guide
One of the primary drivers of the rolling stocks market is the growing demand for efficient and reliable transportation solutions in both passenger and freight sectors. As urbanization continues to rise and global trade expands, there is a heightened need for modernized rail systems that can handle increased passenger and cargo volumes. This demand drives investments in new rolling stock, including locomotives, passenger coaches, and freight cars, to enhance operational…
Rolling Stocks :- Key Industry Dynamics
The Rolling Stocks Market is expected to register a CAGR of 7.1% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Technology (Conventional Locomotives, Turbocharged Locomotives, Maglev); Product Type (Locomotives, Rapid Transit, Coaches, Wagons, Others); Application (Passenger Transportation, Freight). The global analysis is further broken-down at regional level and major countries. The Report Offers…
The main differences between cold rolling and hot rolling
I. Processing Temperature
* Hot Rolling [https://www.huiyualloys.com/] : It is the rolling process carried out above the recrystallization temperature. The recrystallization temperature refers to the temperature at which the deformed microstructure of a metal is recovered and recrystallized through heating during plastic deformation. For example, the recrystallization temperature of carbon - steel structural steel is generally around 700 - 800. During hot rolling, the metal billet is rolled by the…
How to Use a 360 Rolling Car: A Guide to the 360 Degree Happy Rolling Car
The 360 rolling car, also known as the 360 Degree Happy Rolling Car, has become a popular toy for children and a fun gadget for adults alike. With its unique design that allows for 360-degree rotation, this car not only provides endless entertainment but also encourages imaginative play. If you're considering purchasing one or have recently acquired a 360 rolling car, here's a guide on how to use it effectively.
Image:…
Rolling Stock Market (2021-2025) | MarketsandMarkets
The global Rolling Stock Market is estimated to be $51.6 billion in 2020 and is projected to reach $64.3 billion by 2025, growing at a CAGR of 4.5% from 2020 to 2025.
Asia Oceania is estimated to lead the market in 2020; 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…
Rolling Stocks Market: Rolling Stocks Becoming Prime Means of Transport De-carbo …
Rolling stocks market witnessed sales of nearly 250 thousand units in 2018 and is expected to grow at a steady CAGR of 2.9% in 2019. Overall growth of the rolling stocks market can be attributed to,
Industry titans acquiring big-ticket projects of rolling stocks
Promotion of railway transport as a sustainable transportation mode
Growing focus on increasing the average life of rolling stocks by predictive maintenance and remote monitoring in the services landscape
Optimistic outlook…
