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Rolling Stock Market worth $73.80 billion by 2025

The report "Rolling Stock Market by Product Type (Locomotives, Rapid Transit (DMU, EMU, Light Rail, Metro) Wagons, Coaches), Locomotive Propulsion (Diesel and Electric), Application (Passenger & Freight), Components, Technology & Region - Global Trends and Forecast to 2025", The global rolling stock market is estimated to be USD 54.43 billion in 2018 and is projected to grow to USD 73.80 billion by 2025, at a CAGR of 4.44% during the forecast period. The growing demand for public transport and increasing need for energy efficient transport are some of the key drivers fueling the growth of this market.

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Rolling Stock Market worth $73.80 billion by 2025

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  1. Rolling Stock Market by Product Type,Wagons, Locomotive Propulsion,Application,Components Technology & Region - Global Forecast to 2025 www.MarketsandMarkets.com

  2. Turbocharged locomotive segment to hold the largest share in the rolling stock market, by locomotive technology The turbocharged locomotive market is estimated to be the largest in the rolling stock market. The primary advantage of the turbocharged locomotive is that it gives more power with no increase in fuel costs. Major OEMs such as ABB have modernized turbochargers in locomotives to meet technical, environmental and cost requirements of the rolling stock market. In heavy hauling, more powerful units are being used to increase track capacities. This is increasing the demand for turbochargers and turbocharged locomotives. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=4380892

  3. Freight Transportation: A promising market due to the resurgence of mining activities and increasing industrial transportation The demand for freight wagons is high in the US, China, and Russia. This is because of increasing replacement of old fleets and growth of the manufacturing sector in these countries. Custom-made and technologically advanced wagons, such as chemical and pressure tank wagons and car-carrier and low-loader container-carrying wagons, are manufactured in Western Europe and other developed regions. The increased mining activities in emerging economies are expected to impact the market for freight transportation positively. The growth of freight transportation is expected to propel the growth of freight wagons and locomotives consequently. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=4380892

  4. Browse >> 98market data tables 56figures 189 pagesand in-depth TOC on “Rolling Stock Market - Global Forecast to 2025” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  5. Asia Oceania: Largest market for rolling stock The Asia Oceania rolling stock market is estimated to be the largest, in terms of value, in 2018. The demand for rail vehicles in this region is triggered by the growing population of urban areas, where the existing transportation infrastructure is insufficient. The expansion of this network is expected to drive the demand for new vehicles. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=4380892

  6. Target Audience: • Associations related to the railway industry • Government authorities • Infrastructure providers for railway lines • Legal and regulatory authorities • Manufacturers of rail components • Rail leasing authorities • Railway contractors • Railway manufacturers • Railway organizations   • Raw material suppliers of railway components • Raw material suppliers of rolling stock • Rolling stock components manufacturers • Rolling stock industry associations • Rolling stock rail service providers • Traders, distributors, and suppliers of rolling stock • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=4380892

  7. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the CHP market. These include • CRRC (China), Siemens (Germany) • Bombardier (Canada) • Alstom (France) • General Electric Company (US) • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=4380892

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 UK : 44-800-368-9399Email: sales@marketsandmarkets.com

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