Skip to main content

Posts

Showing posts with the label Rolling Stocks Market

Rolling Stocks Market: Rolling Stocks Becoming Prime Means of Transport De-carbonization

 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. Overall growth of the rolling stocks market can be attributed to, Industry titans acquiring big-ticket projects of rolling stocks Promotion of railway transport as a sustainable transportation mode Growing focus on increasing the average life of rolling stocks by predictive maintenance and remote monitoring in the services landscape Optimistic outlook of autonomous trains and ongoing development of compatible rolling stocks Rolling Stock Businesses Realign as Manufacturers Procure Big Ticket Projects A modest outlook has been witnessed in  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 wit...