Issues energy, components will become light­er, standardization

Issues addressed in the reportare:·       Strategicoverview of key mega trends influencing the global rail rolling stock industry,including rolling stock manufacturers, wheel & axle providers, locomotives,wagon and trainset manufacturers.·       Worldwidemarket size and forecasted growth for Rail Rolling Stock focusing onapplications such as Trainsets, Locomotives, Wagons and Cars, broken down forkey regions across North America, South America, Europe, Middle East – Africa,and Asia – Pacific.·       Marketdrivers and opportunities in the global market and discussed the regionalinfluence on market dynamics.·       Suppliermarket shares, product availability, alliances, and strategies and overview ofkey technology trends.

·       Marketforecasts of global sales of rolling stock for 2017–2022.·       Strategiesfor success for both suppliers, current and potential usersNegligible growth is noticed with an estimated market size ofworldwide Rail Rolling Stock industry increased from $64.90Billion in 2016 to $64.97 Billion in 2017.Faster, more reliable and flexible trains will be able toincrease the reliabil­ity and cost-competitiveness of this mar­ket segment. ITsystems that enable buy­ing and selling of capacity in wagons and a reliabledoor to door track and trace of loading units and goods and real time in­formationof the actual and forecasted train position will further attract the cus­tomerto rail. The performance of the vehicles needs to be improved.

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Power trains will consume less energy, components will become light­er,standardization of regenerative braking and recuperation of kinetic energy. Newvehicles will be built to be recyclable and innovative materials will be used. The rate of growth in the supplier market has slowed inlast few years and estimated to grow at 2% a year up to 2022. Due to slow marketgrowth in this segment, very few or no investments would be made towards newimprovements. In addition, political uncertainties and change in governments inseveral regions will delay or cancel of new investments strategies. Due touncertain commodity prices, change in emission regulations, and fluctuatingnatural resource prices have led to decline of rail freight market. While, urbanizationhave stimulated long-term growth of passenger rail market. China, the largestmarket for rolling stock, has reduced its investment in conventional andhigh-speed rail but focusing on the development of urban rail systems.

The largemarket share of Chinese manufacturers is leading to a strong focus oninternational markets and creating price pressure on the global suppliers. Thishas resulted in consolidation of the railway industry (as we noticed Alstom andSiemens merged their rail operations to counter Chinese dominance) and it willeven accelerate.


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