Market Highlights: Rail Infrastructure is the starting foundation for the railways tracking system. The rail infrastructure is used to connect people with railway stations, ports, and airports.Rail Infrastructure market is expected to mark significant growth over forecasted period owing to increasing consumers spending on connectivity, urbanization and technological advancement. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on fastest-growing verticals in the connectivity for connectivity, Import, Exports and others. The market study is being classified by Type (Locomotive, Rapid Transit Vehicle and Railcar), by Application (Rail Network, New Track Investment and Maintenance Investment) and major geographies with country level break-up that includes Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific).
Key Players: The prominent players in the Rail Infrastructure are CSR Corp. (China), Bombardier Transportation (Canada), Alstom (France), Research Institutes such as the Railway Technical Research Institute of India (India), CNR Sifang Rolling Stock Research Institute China, (China) and Siemens AG (Germany).
Major Market Development Highlights In January 2019, Vossloh acquired Strabags rail milling business which is beneficial in providing its business of manufacturing pre-stressed concrete sleepers, bearers and associated products. It also strengthens milling portfolio and enabled it to expand its service activities. In July 2019, Indian Railways expands its 180 new line projects in various states which is beneficial in providing better services in remote areas.
Key Questions Answered in the Report What will the Rail Infrastructure Market size and the growth rate be in Future? What are the key factors driving the Rail Infrastructure Market? What are the key market trends and macro-economic impacting the growth of the Rail Infrastructure Market? What are the challenges to market growth? Who are the key vendors in the Rail Infrastructure Market? What are the market opportunities and threats faced by the vendors in the Rail Infrastructure Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Rail Infrastructure Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Asia Pacific Rail Infrastructure market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Rail Infrastructure market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Rail Infrastructure Manufacturers, Rail Infrastructure Traders, End-Use Market Participants of Different Segments of Rail Infrastructure, Government and Research Organizations, R&D Institutions and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.