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Rolling Stock Market to Reach USD 52.92 Billion by 2027; Investment to Upgrade Railways Infrastructure will Aid Growth: Fortune Business Insights™

Written by Customer Service on . Posted in Mergers And Acquisitions.

Pune, June 16, 2020 (GLOBE NEWSWIRE) — The global rolling stock market is set to gain impetus from the rising investment by the government and regulatory bodies in the enhancement of the railway infrastructure, especially in the developing countries. This information is provided by Fortune Business Insights™ in a recent report, titled, “Rolling Stock Market Size, Share & Industry Analysis, By Product Type (Locomotive, Rapid Transit Vehicle, Wagons), By Application Type (Passenger Rail, Freight Rail), and Regional Forecast, 2020-2027.” The report further states that this market size was USD 40.71 billion in 2019 and is projected to reach USD 52.92 billion by 2027, thereby exhibiting a CAGR of 10.4% during the forecast period.CRRC Corporation LimitedAlstomBombardier TransportationSiemens MobilityHyundai Rotem CompanyGE TransportationWabtec CorporationHitachi Railway SystemsTrinity Industries, Inc.TransmashholdingStadler Rail AGThis Report Answers the Following Questions:What are the present, upcoming, and historical sizes of the market?Which segment would lead the market by generating the highest share?Which strategies are being adopted by the industry giants to propel sale of rolling stock?How are the governments of several countries emphasizing on the usage of rapid transit networks?
Gain More Insights into the Rolling Stock Market Research Report: https://www.fortunebusinessinsights.com/rolling-stock-market-102990

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