Rolling Stocks Market Volume Forecast and Value Chain Analysis 2018 to 2027

Posted on 2019-08-28 by Mark Hub in Internet & Online // 0 Comments

Fact.MR has compiled a study on the 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 provides an in-depth analysis of all the vital facets of the rolling stocks market that hold a prominent influence on future growth. The report also covers a comprehensive analysis of associated industry assessment and competitive landscape in the rolling stocks market.

A modest outlook has been witnessed in the rolling stocks market in the past decade, in line with significant railway infrastructure investments made by national governments. As business giants become more engaged in increasing their market share through procurement of big ticket projects, the rolling stocks market continues to witness realignment. In the rolling stocks market report, readers can find an allinclusive outlook of the rolling stocks market’s performance during the forecast period. 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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Rolling Stock Businesses Realign as Manufacturers Procure Big Ticket Projects

A modest outlook has been witnessed in the rolling stocks market in the past decade, in line with significant railway infrastructure investments made by national governments. The report provide the portfolio of top 10 rolling stock manufacturers. As business giants become more engaged in increasing their market share through procurement of big ticket projects, the rolling stocks market continues to witness realignment.

In December 2018, Bombardier Transportation announced the signing of a rolling stock contract of worth 437 million euros with an undisclosed European customer.
In June 2018, Siemens was selected by Transport for London (TfL) to supply metro train sets for London Underground’s Piccadilly Line which is TfL’s first rolling stock contract placed under Deep Tube Upgrade Program.
Alstom also received worth 315 million euro contract by the Mumbai Metro Rail Corporation Limited (MMRCL) for Mumbai Metro Line 3 to supply 248 metro cars in September 2018.
In addition, the Mumbai Metro Project has initiated contracts with 6 international and Indian rolling stock providers in addition to Alstom. The rolling stock providers include Hyundai Rotem, Korea, CRRC Corporation Ltd., Titagarh wagons & TitagarhFirema, CAF India & CAF, Spain, Bombardier India & Bombardier Germany and Bharat Earth Movers Ltd.
Hyundai Rotem signed a US$ 62.1 billion contract with Vancouver regional transport authority TransLink. The contract was signed for the supply of 24 metro cars for the driverless Canada Line Project.

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.

Competition remains intense in the rolling stocks market, with CRRC Corporation at the forefront, which continues to face a fierce competition from Bombardier and GE. Additionally, J-TREC. Alstom, Siemens, Kawasaki Heavy Industries and PESA are other leading contenders who are engaged in product innovation and expansion of their product portfolio.

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