Global Passenger Rail Equipment Manufacturing and Services Industry Expected to Reach $178.3 Billion in 2017
M2 - Mon Jun 24, 9:22AM CDT
Research and Markets (http://www.researchandmarkets.com/research/czm9d3/global_passenger) has announced the addition of the "Global Passenger Rail Equipment Manufacturing and Services Industry 2012-2017: Trend, Profit and Forecast Analysis" report to their offering. The global rail passenger equipment manufacturing and services industry generated revenue of US $148.6 in 2011 is expected to grow with a CAGR of 3% over the next five years. Europe that emerged as the dominating region is expected to do so along with APAC and drive the industry over the next five years. The industry consists of rolling stock, systems and signals, services and infrastructure. The industry is consolidated with top five and top players accounting for approximately 34.3% and 42.3% respectively. The competitive landscape has remained almost unchanged since 2006, Bombardier, China South Locomotive and Rolling Stock Corporation Limited, Kawasaki, Alstom, Siemens AG being the top 5 players. The industry has witnessed notable growth