Rolling
stock means any vehicle that runs on a rail track. Electric
locomotives as the name suggests run on electric power from fuel cell
or battery or overhead lines. Diesel locomotives are run by diesel
engine. The various types of diesel locomotives are diesel-pneumatic,
diesel-steam, diesel-hydraulic, diesel-electric, and
diesel-mechanical. High-speed are intercity trains moving at an
average speed of 200 to 300+ km/h. Electric multiple unit (EMU) is a
multiple unit train which is run by a self-propelled carriage using
electric power. Diesel multiple units (DMUs) like EMUs is a multiple
unit train run by on-board diesel engines. They can be
diesel-electric (DEMU), diesel-hydraulic (DHMU) and diesel-mechanical
(DHMU). Generally EMUs and DMUs are used as passenger trains. Metros
are mostly found in urban cities and are mass rapid transit trains.
They are usually made of stainless steel or aluminum with automatic
train supervision system (ATS) and automatic train protection system
(ATP). Light rail vehicles (LRVs) or tram/ tramcar/
streetcar/trolley/ trolley car is a rail vehicle running on urban
streets on tracks. Rolling stocks can be normal conventional
locomotives or turbocharger locomotives. Rolling stocks also use
maglev technology to move. Maglev is derived from magnetic
levitation. Magnetic levitation is the process of suspending objects
with no support other than a magnetic field. This is possible because
magnetic forces act in opposite direction to earth’s gravitational
force.
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By
type, the rolling stock market is segmented into electric
locomotives, diesel locomotives, high-speed trains, EMU, DMU, metro
cars, LRVs, coaches, wagons, and track machinery. By locomotive
technology, the market is segmented into conventional locomotives,
turbocharge locomotives and maglev. By application, the market is
segmented into passenger coach and freight wagon.
By
geography, the rolling stock market is segmented into North America,
Europe, Asia Pacific, Middle East & Africa, and Latin America.
North America is a prominent rolling stock market. The U.S. is the
largest market in the region. Canada and Mexico are major markets in
this region. Europe is another major rolling stock market. Germany is
one of the largest rolling stock markets in Europe. The U.K., Spain,
Italy, France, Belgium, Sweden, and Netherlands are other major
markets in Europe. Middle East & Africa is a significant rolling
stock market led by Saudi Arabia, Iran, Turkey, and South Africa.
Latin America is one of the major rolling stock markets led by Brazil
and Argentina. Brazil is the largest market in Latin America.
Transportation
of goods by rolling stock is better than other road transports as it
is faster, cheap, and entails less insurance charges than road
transport. Rising demand for goods transportation is driving the
demand for rolling stocks. Additionally with rising population in
cities, demand for rapid urban transport is rising which is driving
the demand for rolling stocks. Rolling stocks such as EMU, DMU, etc.
which are used as passenger trains are the cheapest mode of
transportation. This is increasing the demand for rolling stock.
Increased spending in rapid public transport systems by emerging
economies across the world is increasing the demand for rolling
stock.
The
report highlights the diverse competitive strategies implemented by
key players operating in the market. Company profiles mention company
details, market presence by geography and segments, strategic
overview, SWOT analysis and historical revenue. The report also
contains details of market share analysis of key players. The major
firms operating in the rolling stocks market are Stadler Rail AG
(Switzerland), CRRC Corporation Limited (China), Bombardier Inc.
(Canada), Alstom SA (France), General Electric (the U.S), Siemens AG
(Germany), CJSC Transmashholding (Russia), Kawasaki Heavy Industries
Ltd. (Japan), Construcciones Y Auxiliar DE Ferrocarriles S.A.
(Spain), and Hyundai Rotem Company (South Korea).
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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