Global Railway Maintenance Machinery Market 2018-2022 - Increasing Adoption of Maglev Projects - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 3, 2018--The “Global Railway Maintenance Machinery Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The global railway maintenance machinery market to grow at a CAGR of 9.38% during the period 2018-2022.
Global Railway Maintenance Machinery Market 2018-2022 has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market. This market research report offers a comprehensive analysis of the market segmentation by product (work vehicles, and small equipment).
According to the report, one of the major drivers for this market is the increasing number of railway electrification projects. Electric trains are replacing fuel powered trains due to their economic viability and sustainability. The governments of various countries are investing in railway electrification projects, which will create a demand for railway maintenance machinery, thereby augmenting the market size.
The railway maintenance industry is increasingly adopting Internet of Things (IoT) technologies to manage thousands of railway network components effectively. Sensors in trains and tracks send real time date to the cloud, which can be used for preventive maintenance of the railway systems. Thus, IoT based remote monitoring of trains and tracks will be a key trend that will boost the growth of the railway maintenance machinery market during the forecast period.
Key vendors:CRCC High-Tech Equipment Harsco Plasser & Theurer, Export von Bahnbaumaschinen ROBEL Bahnbaumaschinen Speno International
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 05: MARKET SIZINGMarket definition Market sizing 2017 Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSISBargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition
PART 07: MARKET SEGMENTATION BY PRODUCTSegmentation by product Comparison by product Work vehicles - Market size and forecast 2017-2022 SE - Market size and forecast 2017-2022 Market opportunity by product
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY APPLICATIONSegmentation by application
PART 10: REGIONAL LANDSCAPEGeographical segmentation Regional comparison EMEA - Market size and forecast 2017-2022 Americas - Market size and forecast 2017-2022 APAC - Market size and forecast 2017-2022 Key leading countries Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGESMarket drivers Market challenges
PART 13: MARKET TRENDSIoT-based remote monitoring of train and tracks Rapid expansion of rail networks Increasing adoption of maglev projects
PART 14: VENDOR LANDSCAPEOverview Landscape disruption Competitive scenario
PART 15: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors
For more information about this report visit https://www.researchandmarkets.com/research/hdhskz/global_railway?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181003005611/en/
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INDUSTRY KEYWORD: TRANSPORT RAIL
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 10/03/2018 11:10 AM/DISC: 10/03/2018 11:11 AM