Railcar Leasing Market new global report offers key vendor landscape, CAGR with market dynamics and forecast. The leading companies include: Beacon Rail Leasing, GATX Corporation, Touax Rail, VTGs and more, along with Regional Analysis which covers Americas, Asia-Pacific, Europe and Middle East Africa. The report also tells about product types and applications mentioned in Railcar Leasing Market in addition to a SWOT analysis of the manufacturers.
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Railcar Leasing Market Trends Gaining Momentum: One trend in market is applications of advanced coatings on railcars. Railcars, due to their extensive use, are prone to wear and tear. In addition, railcars are susceptible to weather changes and are also capable of reacting with the contents. To eliminate damage or reaction of railcars, solid coatings, such as epoxy coatings, sulfuric acid, and phenolic acid are used.
Drivers of Railcar Leasing Market: According to the report, one driver in market is increased funding by the European Commission. Government funding in the European railway industry has increased significantly since 1990. For example, in Switzerland, two-third of the revenue from the heavy vehicle fee is designated for rail investments. In the past, this revenue was used for two long tunnels through the Alps (Gotthard and Lotschberg routes) that were designed to increase rail freight productivity and make rail competitive with road freight. Many countries, such as the UK, Germany, Spain, and France have privatized their railways. Governments support the railway industry by providing freight grants to encourage the movement of freight by rail. For instance, during 2013-2014, the British government provided $25.73 million to support the rail industry through freight grants. These grants are incentives that take freight off the congested roads and move it by rail. Moreover, they are secured through the mode shift revenue support (MSRS) scheme.
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Growth Restraints of Railcar Leasing Market: Further, the report states that one challenges in market is shortage of skilled labor in the industry. Timely maintenance of railcars is vital in the railcar industry. Maintenance and servicing of railcars are mainly done by the railcar leasing companies. Railcar and locomotive machinery are complex in nature, and their maintenance and servicing need to be done by skilled railway engineers. At present, Europe is experiencing a shortage of skilled railway engineers. Europe railroad is aiming at improving the railway infrastructure by application of innovative and emerging technologies. However, high competition from other sectors, such as avionics, marine, and inland waterways, is hindering the rail industry’s ability to retain engineers, who are adept with the latest technology.
Important Points mentioned in Table of Contents:
PART 01: Railcar Leasing Market Outline: Executive Summary, Research Methodology
PART 02: Market Landscape: Ecosystem, Characteristics and Segmentation Analysis
PART 03: Market Sizing: Definition, Size and Forecast 2016-2021
PART 04: Five Forces Analysis: Market opportunity and Comparison and Scope
PART 05: Regional Landscape: Railcar Leasing Market size and forecast 2016-2021
PART 06: Vendor Landscape: Drivers, Trends Challenges and Decision Framework
PART 07: Major Exhibits: Market share, Key leading countries, investments, production system and Parent market. Continued…
In a Nutshell, Railcar Leasing Market report provide in depth research including definitions, segmentation, applications, key players, market drivers and market challenges.This report will help user gain market strategy insights, future trends and growth prospects for forecast period of 2017-2021
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