Global Railcar Leasing Market to Grow at 5.6% CAGR through 2022, Box Cars to Remain Lucrative

According to a recently published report, the global railcar leasing market is expected to represent a value of over US$ 15,000 Mn by the end of 2022.

Rockville, US, 2018-Apr-11 — /EPR Network/ — The global market discussion on railcar leasing industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Rail Car Leasing Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on railcar leasing market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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Considerable Demand in the Food and Beverages Industry

For transporting chemical or petroleum-based commodities to the end users, various industries continue to lease tank cars. However, application of this freight car has diversified to transportation of commodities related to the food and beverages industry. Moreover, a combination of flatcars, gondolas, and boxcars for transporting several commodities including oil, lumber, and coal products. As railcars continue to represent a lucrative opportunity, several oil companies are leasing railcars in order to transport their commodities to other places.

Box Cars to Represent a Leading Segment

With surge in demand for cost-effective mode of shipping, various industries will continue to lease box cars for delivering commodities. Box cars will remain the most selling railcar type as compared to hopper boxes globally. Currently, the box car railcar type segment is projected to represent more than US$ 900 Mn in the global market of railcar leasing by 2022-end. However, gondolas as compared to other railcars is projected to reflect a relatively high CAGR in the global market through 2022.

Railcars are likely to witness significant demand for shipping commodities in the petroleum & gas industry. Petroleum & gas industry will continue to represent significant revenue contribution as compared to agri-produce, forestry, and F&B products. The petroleum & gas product end use type segment is projected to represent more than US$ 800 Mn in the global market of railcar leasing by 2017-end.

Petrochemical & Gases to Represent a Leading Segment

Growing need to carry freight in various industries has led to an upsurge in demand for leasing boxcars. The boxcars segment as compared to other railcar types is expected to witness the highest revenue growth, accounting for a value of over US$ 900 Mn by the end of 2022. The hopper cars segment is expected to represent the second highest revenue growth in the global market by the end of 2022. However, the gondolas segment is expected to register the highest CAGR in the global railcar leasing market throughout 2022.

Market Players

Major players in the global market of railcar leasing are GATX Corp, Beacon Rail Leasing, VTG, Touax Rail, American Railcar Industries, CIT, Progress Rail Services, Infinity Rail, Chicago Freight Car Leasing, and GLNX Corporation.

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Table of Contents:

  1. Global Rail Car Leasing Market – Executive Summary
  2. Global Rail Car Leasing Market Overview
    2.1. Introduction
    2.1.1. Global Rail Car Leasing Market Taxonomy
    2.1.2. Global Rail Car Leasing Market Definition
    2.2. Global Rail Car Leasing Market Size (US$ Mn) and Forecast, 2012-2022
    2.2.1. Global Rail Car Leasing Market Y-o-Y Growth
    2.3. Global Rail Car Leasing Market Dynamics
    2.4. Fleet Size by Type
    2.5. Fleet Utilization Rate Benchmark
    2.6. Demand Supply Outlook
    2.7. Cost Structure Analysis
    2.8. Policy and Regulatory Landscape
    2.9. Key Participants Market Presence (Intensity Map) By Region
  3. Global Rail Car Leasing Market Analysis and Forecast By Railcar Type 
    3.1. Global Rail Car Leasing Market Size and Forecast By Railcar Type, 2012-2022
    3.1.1. Hopper Cars Rail Car Leasing Market Size and Forecast, 2012-2022
    3.1.1.1. Revenue (US$ Mn) Comparison, By Region
    3.1.1.2. Market Share Comparison, By Region
    3.1.1.3. Y-o-Y growth Comparison, By Region
    3.1.2. Boxcars Rail Car Leasing Market Size and Forecast, 2012-2022
    3.1.2.1. Revenue (US$ Mn) Comparison, By Region
    3.1.2.2. Market Share Comparison, By Region
    3.1.2.3. Y-o-Y growth Comparison, By Region

Continued……….

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