Rolling Stock Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2025
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Rolling Stock Market to Post 4.98% CAGR from 2017 to 2025
Rolling Stock Market is set to exhibit a compound annual growth rate (CAGR) of 4.98% from 2017 to 2025 asserts Market Research Future (MRFR)...
in its latest report. It is projected that Europe and Asia-Pacific (APAC) are expected to emerge as the two major growth markets during the forecast period. The rolling stock market in Europe is characterised by a large number of market player, which makes it highly competitive.
Many of the players have superior knowledge in freight technology, which gives them a competitive edge.
In Asia, the market growth is primarily driven by the exponential growth of the transportation across the region. The region is home to two of the most densely populated countries – China and India that are need for efficient and cost-effective transportation solutions. Local policy makers have been supportive of the development of transportation infrastructure. Investment have continued to grow in developing robust metro and inter-city trainsets and main line locomotives.
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