The US contributes to the highest incremental growth of 45% of the rolling stock market size in North America during the forecast period, as per Technavio.
Alstom Holdings SA, Bombardier Inc., and Brookville Equipment Corp. are the three major market participants for the rolling stock market size in North America.
NEW YORK, July 20, 2021 /PRNewswire/ — ” The US federal government support for the growth of rolling stock market and innovation in locomotive manufacturing will further boost market growth during the forecast period”, says a senior analyst at Technavio.
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The rolling stock market size in North America in the railroad industry is expected to grow by USD 2.29 billion, progressing at a CAGR of over 5% during 2021-2025, as per the new report from Technavio. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Rolling Stock Market in North America 2021-2025: Key Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist the rolling stock market growth in North America during the next five years
Estimation of the rolling stock market size in North America and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the rolling stock market in North America
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of the rolling stock market vendors in North America
Rolling Stock Market in North America 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio provides a detailed analysis of around 25 vendors operating in the rolling stock market size in North America. Alstom Holdings SA, Bombardier Inc., Brookville Equipment Corp., FreightCar America Inc., Hitachi Ltd., National Steel Car Ltd., Stadler Rail AG, The Greenbrier Companies Inc., Trinity Industries Inc., and Wabtec Corp. are some of the major market participants.
Rolling Stock Market in North America Size
Rolling Stock Market in North America Trends
Rolling Stock Market in North America Industry Analysis
This study identifies innovation in locomotive manufacturing as one of the prime reasons driving the Rolling Stock Market growth in North America during the next few years.
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Report link: https://www.technavio.com/report/rolling-stock-market-in-north-america-industry-analysis
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