Rolling Stocks Market Growth, Trends and Value Chain 2016-2026 by Fmi

Rolling stocks is generally referred as any wheeled vehicles running on a railway tracks, which includes locomotives, passenger coaches and fright wagons among others. Railway transport is an indispensable part of transport system and plays crucial role in the development of a nation, because the development of trade, commerce and industries is highly dependable on the transport system. It drives the growth of industrialization of a nation through transporting variety of goods such as raw materials, basic commodities, vegetables, and utilities goods among others, with speed and certainty.

Rolling stocks are highly customized and can be easily tailored as per customer’s requirement. It is available in variety of types such as diesel locomotives, electric locomotives, freight carriers and rapid transit vehicles among others. Diesel locomotives are featured with low axel load and used for passenger and freight traffic. It especially designed for narrow gauged or broad gauged railway. It has high demand from developing countries such as Argentina, India, China, Iraq, Malaysia, Pakistan, and Brazil among others.

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Rolling Stocks Market: Market Dynamics

Rolling stocks are reliable and safest mode of transport for goods compared against other mode of transports such as automotive, ships, and airplane. It additionally offers flexible and largest carrying capacity and if required its capacity can be easily increased by further addition of stocks. Growing population, industrialization and government initiatives to provide faster, cleaner and safest transport system are key drivers to promote growth of the global rolling stock market. However huge capital investment and high dependency on government’s policies is expected to retrain the entry of new market players in the established rolling stocks market. Additionally highly competitive environment created by other modes of...