VITA Technologies
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX
  • Articles
  • White Papers
  • Products
  • News
  • Articles
  • White Papers
  • Products
  • News
  News  Industry News  Railroad Equipment Manufacturing Market Has Become Central To Economical Development
Industry News

Railroad Equipment Manufacturing Market Has Become Central To Economical Development

Transparency Market ResearchTransparency Market Research—August 10, 20160
FacebookX TwitterPinterestLinkedInTumblrRedditVKWhatsAppEmail

Companies in railroad equipment manufacturing industry manufacture freight and passenger rail cars, locomotives, brakes and other parts and equipment used in railroad operations. The transportation equipments manufacturing industry has become central to economical development. Demand for these equipments has risen sharply as the volume of transported goods and the distance covered have expanded. This trend is expected to continue over coming years.

More stories

Real Time Automation, Inc. Breaks EtherNet/IP Modbus TCP Profinet IO Development Barriers with the Innovative ExLink Communication Module

February 13, 2008

Avnet’s Xilinx(R) Spartan(R)-6 LX9 FPGA MicroBoard Kit Now Supported by Micrium Kernels

July 7, 2011

VMETRO Ships Industry First Quad Processing Card for VITA 41 VXS and Announces New Software Development

January 18, 2005

Condor Engineering Introduces New Modular Avionics Controller for VME and VXI

August 3, 2005

Free PDF For Full Details with Technological breakthroughs is @ bit.ly/2berFJt

The demand for freight rolling stock is being driven by hike in fuel prices globally as higher prices have shifted freight transport trend from trucks to rails. Demand for passenger rolling stock is being driven by the investment by governments in regional rail transport. The profitability in this industry is dependent upon securing long-term contracts and lease with railroad companies. Larger companies are at advantage by manufacturing huge quantity of railroad equipments simultaneously, thereby achieving economies of scale.

Globally, Europe and APAC are largest markets for railroad equipments followed by North America and Row. Many nations in Europe and Asia have adopted effective policies and are investing significantly in their rail transit sector. Especially for intercity passenger rail, Europe and APAC are far ahead than U.S. with respect to spending on rail transit comparative to their GDP and population. Germany, UK and China are the largest markets. India, China and Brazil are identified to be the fastest growing markets among emerging markets due to increased domestic consumption, favorable economic conditions, demand for freight transport, increasing passenger growth and expansion of rail networks.

Market Insight of Railroad Equipment Manufacturing can be Viewed @ bit.ly/2bioVu2

The challenges for this industry lie in the governments of the respective countries as the governments in some of the large market continue to control the railroad operations and they try to go for more popular policies which make this market price sensitive. The opportunities in this industry lie in investing in developing innovative products that can increase speed, reduce cost and weight and ensure passenger safety.

Some of the major companies in railroad equipment manufacturing include American Railcar Industries, Electro-Motive Diesel, GE, Greenbrier, Trinity Industries, Westinghouse Air Brake Technologies, Alstom, Bombardier, China CNR Corporation, CSR Corporation, Nippon Sharyo and Siemens.

FacebookX TwitterPinterestLinkedInTumblrRedditVKWhatsAppEmail
Flexible Electronics Market Will Touch USD 250 Billion By 2025
Advanced Batteries Market Bolstered By Scarcity of Fuel And Increased Carbon Emission From Vehciles
Related posts
  • Related posts
  • More from author
Eletter Products

SPONSORED: 3U VPX HD Switch Doubles Backplane Density

August 1, 20250
RTS rugged test and deployment system
Eletter Products

SPONSORED: Rugged Test and Deploy Systems for VPX and SOSA Aligned Payloads

July 25, 20250
Articles

The VITA Technologies 2025 Resource Guide is here!

June 19, 20250
Load more
Read also
Eletter Products

SPONSORED: 3U VPX HD Switch Doubles Backplane Density

August 1, 20250
RTS rugged test and deployment system
Eletter Products

SPONSORED: Rugged Test and Deploy Systems for VPX and SOSA Aligned Payloads

July 25, 20250
Articles

The VITA Technologies 2025 Resource Guide is here!

June 19, 20250
Articles

Next-gen fiber optics for aviation: Expanded Beam performance with VITA 95/96

June 3, 20250
Articles

Embedded Tech Trends 2025 Wrapup

June 3, 20250
Consortia and Working Groups

VITA standards activity updates

June 3, 20250
Load more

Recent Comments

No comments to show.
  • Articles
  • White Papers
  • Products
  • News
  • Articles
  • White Papers
  • Products
  • News
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX

© 2023 VITA Technologies. All rights Reserved.