Global Rolling Stock Market 2015-2019 with Hitachi, Siemens, Mitsubishi Electric and Alstom Dominating
M2 - Mon Jun 15, 4:48AM CDT
Research and Markets (http://www.researchandmarkets.com/research/7mlfjt/global_rolling) has announced the addition of the "Global Rolling Stock Market 2015-2019" report to their offering. According to the report, the growth in the overall rail supply market exerts a positive impact on the rolling stock segment as they are correlated. However, despite the economic slowdown in many European and Asian economies where the key rail industry value chain vendors operate, the global rail supply market grew steadily during the period 2012-2014. Europe is the predominant marketplace in the global rail supply market, as countries such as France, Germany, and the UK have the majority of the leading vendors, which have operations and manufacturing sites in these countries. In addition, these countries have various rail infrastructure projects, which enhance the growth of the rail supply market in these regions. China and Japan are leading rail supply markets in APAC. The economic growth in these regions has caused a surge in demand for investment in rail infrastructure projects, which further propels the growth of the rail supply market. Thus, the growing rail supply market increases demand for rolling stock, driving the growth of the global rolling stock market. The analysts forecast the global rolling stock market to grow at a CAGR of 2.83% over the period 2014-2019. Key vendors - Alstom - Bombardier Transportation - China CNR - China South Locomotive and Rolling Stock - CJSC Transmashholding - Construcciones Y Auxiliar De Ferrocarriles - GE Transportation - Hitachi - Hyundai Rotem - Kawasaki Heavy Industries - Mitsubishi Electric - Siemens Commenting on the report, an analyst from the research team said: Growing urbanization and increased mobility have caused a surge in demand for passenger coaches in the urban rail market. Urban rail transit comprises various types of local rail systems that provide passenger services within or around urban areas. With the growing population moving toward urban areas, the demand for road transportation services has increased. The increase in demand will lead to an increase in the number of rail passenger carriers such as trams, light rail, monorail, and commuter rail services. This increase in demand will be fulfilled by an increase in production of these rolling stock components, thus enhancing the growth of the market. For more information visit http://www.researchandmarkets.com/research/7m...al_rolling About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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