Rolling Stocks Market: Predictive Maintenance to Consistently Improve Rolling Stock Asset Management

Rockville, USA, 2019-Apr-24 — /EPR Network/ —Fact.MR has compiled a new study of rolling stocks market and published a report titled, “Rolling Stocks Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2027.” The rolling stocks market report tracks the market for the historical period
2013-2018 and forecast period 2019-2027. In the rolling stocks market report, readers can find an allinclusive outlook of the rolling stocks market’s performance during the forecast period.

The Fact.MR report tracks the rolling stocks market for the period 2019-2027. According to the report, the rolling stocks market is projected to grow at 3.3% CAGR through 2027. Rolling stocks market witnessed sales of nearly 250 thousand units in 2018 and is expected to grow at a steady CAGR of 2.9% in 2019.

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Freight Wagons Held Half the Sales in 2018, Passenger Rolling Stocks Growing Rapidly

Fact.MR study finds that among different types of rolling stocks, freight wagons accounted for nearly half the rolling stocks sold in 2018. Freight wagons form an important connection between railway transportation and different logistics services. As railway freight transport is being embraced by national governments, efforts are underway to improve the efficiency of freight wagons.

The global rail market is witnessing larger tender procurements by manufacturers to supply new and efficient fright wagons. For instance, Russia’s RM Rail signed an agreement with Iran’s MSA Company for construction of 1000 freight wagons in June 2018. Indian Railways also set out a tender for 22,000 freight wagons in June 2018. Ukrainian Railways passed a US$ 260 million tender for purchase of gondola wagons, freight wagons and self-discharging cars in January 2018.

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Rolling Stocks Market Structure

The rolling stocks market report includes a section of the market structure that delivers information regarding the rolling stocks market segmentation. The market structure has been derived after an in-depth study of the rolling stocks market. Based on this, the rolling stocks market is segmented based on product type and application type.

The rolling stocks market is segmented based on product type and different product types of rolling stocks studied in the report are locomotive, passenger coach, multiple units and freight wagons.

Over 5 in 10 Rolling Stocks Found Utilization in Freight Application

Based on application, rolling stock utilization in freight application remains higher as compared to passenger application. Fact.MR shows that over 5 in 10 rolling stocks were used in freight application in 2018. As freight application of rolling stocks significantly contributes to the enhancement of economic performance and meet logistic demands, the future status quo of freight application is expected to remain steady in the coming years.

Fact.MR study finds that APEJ continues to spearhead the global rolling stock sales and registered over 36% of the global demand in 2018 and the status-quo is expected to continue in 2018 at the growth rate of 3.3%. Emerging economies in the region are actively engaged in the development of railway infrastructure, thereby presenting lucrative opportunities for manufacturers in the coming years.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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