Global Railcar Leasing Market 2017-2021 with American Railcar Industries, Beacon Rail Leasing, CIT, GATX, Touax Rail & VTG Dominating

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27 Sep, 2017, 13:30 GMT

DUBLIN, September 27, 2017 /PRNewswire/ --

The "Global Railcar Leasing Market 2017-2021" report has been added to Research and Markets' offering.

The global railcar leasing market to grow at a CAGR of 6.99% during the period 2017-2021.

Global Railcar Leasing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is Increasing demand for railcar. The demand for railcars across the world has been increasing over past few years. The rising crude oil consumption and production are the major drivers for the growth of the demand for railcars. The global order for all types of railcars increased by 60% in 2014.

According to the report, one of the major drivers for this market is Rising global crude oil production. Global crude oil consumption is expected to grow at a CAGR of about 2.64% during the period 2014-2018. In North America, the US is the largest growth contributor. In APAC, China and India are leading markets in the crude oil consumption. The rise in crude oil consumption in China and India is mainly due to the increase in the demand for jet fuel, hydrocarbon gas liquids, and gasoline. The growth in the demand coupled with the subsequent supply of crude oil is expected to increase the demand for efficient and cost-effective transportation, so as to push the profit margin of the crude oil suppliers.

Further, the report states that one of the major factors hindering the growth of this market is Declining coal consumption by power sector in US. The US electricity generation or power generation from coal has been decreasing since 2009, as natural gas is taking over the market share of coal. Economic sustainability and the lower price of natural gas are the main factors which help in natural gas surpassing the consumption of coal in the US power sector.

Key vendors

  • American Railcar Industries
  • Beacon Rail Leasing
  • CIT
  • GATX
  • Touax Rail
  • VTG

Other prominent vendors

  • C.K. Industries
  • Compass Capital
  • GLNX
  • Greenbrier Leasing Company
  • Helm Financial
  • Infinity Rail
  • The Andersons
  • Wells Fargo
  • Sumitomo Mitsui Banking Corporation (SMBC)
  • Progress Rail Services
  • CAI International
  • The David J. Joseph Company
  • Chicago Freight Car Leasing Company
  • The Connell Company

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Types Of Railcars

Part 07: Geographical Segmentation

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/d4jcpv/global_railcar

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