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The rolling stock market size in North America has the potential to grow by USD 2.29 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 5.48%.
This report provides a detailed analysis of the market by product (rapid transit vehicles, railroad cars, and locomotives), geography (US, Canada, and Mexico), and key vendors.
Browse TOC and LoE with selected illustrations and example pages of Rolling Stock Market in North America
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
The rolling stock market in North America is fragmented and the vendors are deploying growth strategies such as investing in new vehicle technologies and materials to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as support from the US federal government to achieve growth opportunities. However, factors such as frequent delays and shutdowns/contractions in the US market will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the rolling stock market forecast in North America report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies,
This rolling stock market analysis in North America report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.
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45% of the market's growth will originate from US during the forecast period. The US is one of the key markets for the rolling stock market in North America. Market growth in the country will be faster than the growth of the market in Canada.
The emerging market for the high-speed train network is one of the prime factors that will facilitate the rolling stock market in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
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The rapid transit vehicles are usually electric and are used for local transit in urban cities across North America. An increase in ridership, growth in government and private investments and funding, and the growing infrastructural developments are driving the expansion in the rolling stock of rapid transit vehicles in North America. Hence, the rapid transit vehicles segment is expected to exhibit a fast growth rate during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the rolling stock market size in North America. Fetch actionable market insights on the post-COVID-19 impact on each segment.
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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