DUBLIN, April 13, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/5f5n2w/rolling_stock) has announced the addition of the "Rolling Stock Market by Rolling Stock Type, by Locomotive Technology & by Region - Forecast and Analysis to 2019" report to their offering.
The global rolling stock market size in terms of value is estimated to be at $38.5 billion in 2014, which is projected to grow to $45.7 billion by 2019 at a CAGR of 3.48%
Rail transportation offers ideal mobility solutions in terms of safety, comfort, and respect of the environment for urban and interurban transportation systems. Increasing urbanization in emerging nations has strained the existing road, rail, and air infrastructure. This is also resulting in development of infrastructure for connectivity of metro regions to the suburban regions of cities. Population growth in these regions is further driving the demand for rolling stock and supporting infrastructure such as maintenance and services. In developed regions, governments are improving the infrastructure to encourage people to opt for public transit over personal transportation. Rising pollution and traffic congestions in developed Tier I cities and improving connectivity are few of the major reasons for these investments.
Urbanization is estimated to drive the demand for intra-city mobility solutions such as metro and Light Rail Vehicles (LRV), as government aims to decongest vehicular traffic and reduce commute time. Increasing freight transportation in North America is estimated to drive the demand for freight locomotives with higher power-output and lower emissions, alongside freight wagons.
The Asia-Oceania and RoW regions are growing at a good pace, given an increasing demand and expansion of Tier I suppliers in these regions. Rapid infrastructure development, poor existing network, and growth in population are driving demand for rolling stock.
Rolling stock market is dominated by few top players such as CNR Corporation (China), CSR Corporation (China), Alstom SA (France), Bombardier Transportation (Germany), and Siemens AG (Germany) along with regional suppliers.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Rolling Stock Market, By Product
7 Rolling Stock Market, By Locomotive Technology
8 Rolling Stock Market, By Region
9 Competitive Landscape
10 Company Profiles
- Alstom SA
- Bombardeir Transportation AG
- CJSC Transmashholding
- CSR Corporation Limited
- Construcciones Y Auxiliar De Ferrocarriles S.A.
- General Electric Company
- Hyundai Rotem Company
- Kawasaki Heavy Industries, Ltd.
- Siemens AG
- Stadler Rail AG
For more information visit http://www.researchandmarkets.com/research/5f5n2w/rolling_stock
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SOURCE Research and Markets