Skip to main content

Railcars Leasing Market Inclined to Project Higher Revenue Share during the Stated Forecast Period, 2017-2022

The purpose of this comprehensive forecast report presented by Fact.MR is to elaborate the various market projections impacting the global railcar leasing market during the period through 2017-2022. This assessment delivers high-end statistics concerning market size, growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about market growth trends along with upcoming opportunities that are expected to reshape the overall structure of the railcar leasing market during the forecast period.
Request for a Free Sample Report of Concerned Market - https://www.factmr.com/connectus/sample?flag=S&rep_id=264
As technology and innovation are transforming the definition of transportation, the patterns of commerce and trade have changed on the similar lines with this transformation. With emergence of technology, commuting has become comparatively reliant, efficient, faster, and cheaper. Several industries are leasing trucks, container ships, and railcars for transportation of production materials. Without assortment of raw materials, majority of the construction projects are put at a halt mode. Growing need to carry diverse array of raw materials for production and construction projects in various industries has revved up demand for railcars significantly. Delivering construction materials to the customers at the right time adds to the efficiency during the implementation of the project. Moreover, as distances for procurement of construction materials could be longer, industries bear with additional cost of procurement. Bound to such factors, demand for railcars is expected to rev up in the several industries including shipping, construction, and agriculture, mining, automotive, and construction goods.
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.
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.
The petrochemical & gases segment is expected to witness the highest revenue growth, accounting for a value of over US$ 800 Mn by the end of 2017. The agri-produce, forestry, and F&B products segment is expected to represent the second highest revenue growth in the global market by the end of 2017. However, the industrial goods segment is expected to register the highest CAGR in the global railcar leasing market throughout 2022.
Surge in demand for shipping agricultural commodities including coals and grains is expected to impact growth of the global railcar leasing market positively. Growing need for shipping commodities such as grains and coals is expected to rev up demand for the railcars in the agricultural industry.
Have Any Question? Ask Our Industry Experts – https://www.factmr.com/connectus/sample?flag=AE&rep_id=264
Competition Chasing
Leading market players operating in the global railcar leasing market include Beacon Rail Leasing, GATX Corp, Touax Rail, VTG, CIT, American Railcar Industries, Infinity Rail, Progress Rail Services, GLNX Corporation, and Chicago Freight Car Leasing.
Labels:

Comments

Post a Comment

Popular posts from this blog

Lavatory Service Vehicles Market Analysis Highlighting Opportunities and Development Status during 2018 to 2028

As per the current market trends and the promising nature of the lavatory service vehicles market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, FACT.MR would be publishing a resourceful analysis that will enclose knowledge about the lavatory service vehicles market size , revenue and opportunity status. Readers will be offered the privilege to decode various facets of the market during 2018-2028, together with the active access to secondary and primary research methodology. Furthermore, various segments of the market associated to product, application, end-user etc., would also be present in this intelligent research report. Report Sample Request for Concerned Market - https://www.factmr.com/connectus/sample?flag=S&rep_id=1912 The U.S. Environment Protection Agency (EPA) has published documents to set Guidelines on Airport Emissions and Emission Reductions, which is encouraging airports to put eff...
Post a Comment
Read more

Auto Infotainment Market: Asia Pacific Excluding Japan (APEJ) to Reflect High Potential

Continuous innovations driven by electronics are being observed in the automotive industry. High tech electronics offer passengers as well as drivers with various systems within the vehicle, for instance, in-car navigation system. In addition, all information and entertainment can be delivered through wireless technology making it convenient for the vehicle occupant. Today’s consumer is more focused on auto infotainment technology incorporated in a car’s dashboard rather than the components present under its hood. Credited to super semiconductor growth, microelectronics has enhanced auto infotainment systems, by improving their functionality and output. Request a PDF sample of the report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=584 Auto infotainment is the ongoing megatrend that is gaining traction in modern vehicles that is fuelling the ubiquity of microelectronics. Consumers are more eager to get connected and access their content at any point in time and at an...
Post a Comment
Read more