World Rail Equipment Sector Discussed in New Daedal Research Study Published at MarketPublishers.com30 Sep 2014 • by Natalie Aster
LONDON – Globally, the rail equipment market has shown growth in the past few years. Factors such as population growth, fast pace of urbanisation, increasing saturation of transport infrastructure, growing awareness of environmental issues, and also the approval of new projects by the government are stimulating the growth in the sector. However, government budget constraints could restrain the overall industry’s expansion. Due to its high concentration of customers, the market’s price bargaining position is low. Currently, America, Europe, and APAC are the leading markets for rail equipment, with the European region capturing maximum share of the market. Asia together with Latin America are anticipated to post the highest CAGRs in the next few years. The Middle East and Africa are expected to keep on growing mainly by significant orders for electric multiple units and locomotives in South Africa, as well as by main line transportation and urban transport projects in Saudi Arabia, Qatar and the United Arab Emirates.
The rail equipment market is characterised by fierce competition with manifold small to large sized companies competing based on product performance, R&D efforts, as well as new technology introduction. CSR Corp, China CNR Corp, Zhuzhou CSR Times Electric Co. Ltd, Alstom and Bombardier, amongst others, are the top-level companies in the marketplace.
New report “Global Rail Equipment Market: Trends and Opportunities (2014-2019)” developed by Daedal Research examines the worldwide rail equipment universe, focusing on the categories including rolling stock, services, infrastructure, and signaling. The research study presents detailed market size data, offers geographical segmentation and product lines segmentation in the rail equipment industry. It also examines primary challenges to, and drivers of the sector’s growth, as well as delves into a granular analysis of the trends prevailing in the market. Furthermore, profiles of the dominant companies such as CSR Corp, China CNR Corp, Alstom, and Zhuzhou CSR Times Electric Co. Ltd. can be found in the report.
Global Rail Equipment Market: Trends and Opportunities (2014-2019)
Published: September, 2014
Price: US$ 800.00
Other Global Markets Reports by Daedal Research:
- Global Specialty Silica Market: Trends & Opportunities (2014-2019)
- Global Styrene & Polystyrene Market: Trends & Opportunities (2014-2019)
More new studies by the publisher can be found at Daedal Research page.