Market Overview:
The global railcar market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for freight transportation, especially in the Asia Pacific region. In terms of type, the tank cars segment is expected to lead the global railcar market during the forecast period. This can be attributed to the increasing demand for oil & gas and chemical products across different regions.
Product Definition:
A railcar is a vehicle that travels along railway tracks. It is important because it helps transport goods and people.
Tank Cars:
Tank cars are a special type of railcar designed to carry hazardous goods including chemicals, petrol, and diesel. They have a tank or containers at the bottom that can hold the liquid goods and two hoses coming out of it for feeding into the engine. The top portion of this car is generally closed with a cover made up of several panels so that no one can access the content inside.
Freight Cars:
Freight cars are vehicles that carry bulk commodities such as coal, ore, and grain. They are designed to carry heavy loads over a long distance at high speeds. The railcar is the freight car on tracks with locomotive attached to it for propulsion along the railway track.
The global increase in demand for transportation of goods has led to an upsurge in demand for railcars worldwide.
Application Insights:
The energy and coal segment accounted for the largest revenue share in 2016. The growth can be attributed to the increasing demand for coal across various regions, including Asia Pacific, North America and Europe. Rail transport of coal is considered as a reliable method owing to its ability to ensure safe transportation of the commodity in bulk over long distances without exposing it to environmental hazards or exceeding permissible limits on pollution levels.
The chemical products segment is expected register a CAGR of XX% from 2017 to 2030 owing primarilyto growing demand from emerging economies such as China, India and Brazil which are at present witnessing rapid industrialization along with technological advancements that are resulting in increased production volumes across all major end-use industries globally thereby fueling product demand globally over the forecast period.
Regional Analysis:
Europe dominated the global railcar market in terms of revenue share in 2016. The growth is attributed to the increasing demand for crude oil and chemical products. Asia Pacific is expected to witness significant growth over the forecast period owing to rising investments by governments for improving transportation facilities coupled with growing energy demand from developing economies such as China, India, and Japan. Furthermore, government initiatives are encouraging private players to invest in this sector which will further propel market growth over the next eight years. For instance, Indian government’s Make In India initiative has offered various tax benefits on manufacturing equipment including rails that can be used for carrying goods or people at high speeds across long distances at low cost compared with other modes of transport such as roadways and waterways.
Growth Factors:
- Increasing demand for rail transportation as it is more efficient and environment-friendly than other means of transportation.
- Rising investments in railway infrastructure by governments across the world.
- Proliferation of high-speed railways networks that offer faster and more comfortable travel experience to passengers.
- Growing demand for railcars from the mining and energy sectors due to increasing production of coal, crude oil, and natural gas worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Railcar Market Research Report
By Type
Tank Cars, Freight Cars, Others
By Application
Oil & Gas, Chemical Products, Energy and Coal, Steel & Mining, Food & Agriculture, Aggregates & Construction, Others
By Companies
Trinity Industries, Greenbrier, National Steel Car, Union Tank Car, American Railcar Industries, TrinityRail Products, GATX Corporation, American-Rails, Vertex Railcar, Trinity Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Railcar Market Report Segments:
The global Railcar market is segmented on the basis of:
Types
Tank Cars, Freight Cars, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas, Chemical Products, Energy and Coal, Steel & Mining, Food & Agriculture, Aggregates & Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Trinity Industries
- Greenbrier
- National Steel Car
- Union Tank Car
- American Railcar Industries
- TrinityRail Products
- GATX Corporation
- American-Rails
- Vertex Railcar
- Trinity Industries
Highlights of The Railcar Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tank Cars
- Freight Cars
- Others
- By Application:
- Oil & Gas
- Chemical Products
- Energy and Coal
- Steel & Mining
- Food & Agriculture
- Aggregates & Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Railcar Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Railcar is a term used to describe a railway vehicle that uses rail tracks as its primary mode of transportation.
Some of the major companies in the railcar market are Trinity Industries, Greenbrier, National Steel Car, Union Tank Car, American Railcar Industries, TrinityRail Products, GATX Corporation, American-Rails, Vertex Railcar, Trinity Industries.
The railcar market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Railcar Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Railcar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Railcar Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Railcar Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Railcar Market Size & Forecast, 2018-2028
4.5.1 Railcar Market Size and Y-o-Y Growth
4.5.2 Railcar Market Absolute $ Opportunity
Chapter 5 Global Railcar Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Railcar Market Size Forecast by Type
5.2.1 Tank Cars
5.2.2 Freight Cars
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Railcar Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Railcar Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Chemical Products
6.2.3 Energy and Coal
6.2.4 Steel & Mining
6.2.5 Food & Agriculture
6.2.6 Aggregates & Construction
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Railcar Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Railcar Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Railcar Analysis and Forecast
9.1 Introduction
9.2 North America Railcar Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Railcar Market Size Forecast by Type
9.6.1 Tank Cars
9.6.2 Freight Cars
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Railcar Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Chemical Products
9.10.3 Energy and Coal
9.10.4 Steel & Mining
9.10.5 Food & Agriculture
9.10.6 Aggregates & Construction
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Railcar Analysis and Forecast
10.1 Introduction
10.2 Europe Railcar Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Railcar Market Size Forecast by Type
10.6.1 Tank Cars
10.6.2 Freight Cars
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Railcar Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Chemical Products
10.10.3 Energy and Coal
10.10.4 Steel & Mining
10.10.5 Food & Agriculture
10.10.6 Aggregates & Construction
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Railcar Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Railcar Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Railcar Market Size Forecast by Type
11.6.1 Tank Cars
11.6.2 Freight Cars
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Railcar Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Chemical Products
11.10.3 Energy and Coal
11.10.4 Steel & Mining
11.10.5 Food & Agriculture
11.10.6 Aggregates & Construction
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Railcar Analysis and Forecast
12.1 Introduction
12.2 Latin America Railcar Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Railcar Market Size Forecast by Type
12.6.1 Tank Cars
12.6.2 Freight Cars
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Railcar Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Chemical Products
12.10.3 Energy and Coal
12.10.4 Steel & Mining
12.10.5 Food & Agriculture
12.10.6 Aggregates & Construction
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Railcar Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Railcar Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Railcar Market Size Forecast by Type
13.6.1 Tank Cars
13.6.2 Freight Cars
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Railcar Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Chemical Products
13.10.3 Energy and Coal
13.10.4 Steel & Mining
13.10.5 Food & Agriculture
13.10.6 Aggregates & Construction
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Railcar Market: Competitive Dashboard
14.2 Global Railcar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Trinity Industries
14.3.2 Greenbrier
14.3.3 National Steel Car
14.3.4 Union Tank Car
14.3.5 American Railcar Industries
14.3.6 TrinityRail Products
14.3.7 GATX Corporation
14.3.8 American-Rails
14.3.9 Vertex Railcar
14.3.10 Trinity Industries
