Market Overview:
The global road-rail tractors market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to register a CAGR of 4.5% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The market is expected to be worth US$ 1,814.4 Mn by 2030 end. The diesel-powered segment is anticipated to account for a major share of the global road-rail tractors market in terms of value throughout the forecast period. However, the electric segment is projected to register highest CAGR during 2018–2030 owing to increasing demand for environment friendly vehicles across the globe.
Product Definition:
A road-rail tractor is a vehicle that can travel on both roads and rails. They are used for moving railroad cars from one place to another, and can also be used for other purposes such as maintenance work on the railroad tracks.
Diesel-powered:
Diesel-powered tractors are expected to witness significant growth in the road-rail tractors market over the forecast period. Diesel-powered equipment is used for construction and agricultural applications owing to its high power output, which helps in heavy workloads. The diesel engine provides more torque as compared to electric tractors, which makes them suitable for various types of operations including plowing and tillage.
Electric:
Electric and its usage in road-rail tractors market is a new concept for many countries. In the last few years, there has been an increase in demand for electric tractors from various end-user industries such as agriculture, construction and mining. The main factor responsible for this change of trend is the need to reduce fuel consumption & exhaust emissions coupled with stringent government regulations on conventional fuel powered equipment.
Application Insights:
The rail transport application segment accounted for the largest share of over 60.0% in 2017. This is attributed to growing demand from countries, such as India, China and Brazil, where road infrastructure is inadequate or non-existent. In addition, governments are focusing on developing railway infrastructure by increasing funding and spending on new projects across the world. For instance, according to a media release issued by Government of India in January 2018; around USD 1 trillion will be invested globally over the next five years which includes private sector investments along with government funding for new projects under different schemes such as Railway Infrastructure Developmental Fund (RIDF), Railways Housing & Real Estate Company (RHECO) and others.
The mining application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising demand for Road–rail tractors in opencast coal mines particularly in Australia.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for diesel-powered road tractors from countries, such as China, India, Japan and South Korea. In addition, rising investments by governments in infrastructure development are anticipated to fuel industry growth over the next eight years. For instance, according to a white paper on Australia’s Infrastructure Needs published by The Australia Institute in 2016; it was stated that there is a need for A trillion (USD X billion) of new infrastructure between 2016 and 2036.
Europe accounted for more than 25% share of global revenue in 2017 owing to high demand from countries including Russia and Spain where mining activities are carried out extensively underground using heavy machinery including road rollers/loaders.
Growth Factors:
- Increasing demand for transportation of goods and materials in developing countries
- Growing investments in infrastructure development projects
- Proliferation of e-commerce and rise in online shopping
- Development of advanced technologies for road–rail tractors that improve fuel efficiency and reduce emissions
- Rising awareness about the benefits of using road–rail tractors among businesses and consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Road–rail Tractors Market Research Report
By Type
Diesel-powered, Electric
By Application
Rail Transport, Mining
By Companies
Terberg, Mercedes-Benz (Unimog), Zephir, Aries Rail, WINDHOFF, G. Zwiehoff GmbH, Rail-Ability Ltd, Shandong Dongda Construction Machinery, MOL, GH Varley Pty Limited
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Road–rail Tractors Market Report Segments:
The global Road–rail Tractors market is segmented on the basis of:
Types
Diesel-powered, Electric
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
Rail Transport, Mining
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:
- Terberg
- Mercedes-Benz (Unimog)
- Zephir
- Aries Rail
- WINDHOFF
- G. Zwiehoff GmbH
- Rail-Ability Ltd
- Shandong Dongda Construction Machinery
- MOL
- GH Varley Pty Limited
Highlights of The Road–rail Tractors 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:
- Diesel-powered
- Electric
- By Application:
- Rail Transport
- Mining
- 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 Road–rail Tractors 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?
Road–rail tractors are a type of tractor that is used to move freight and materials by road and rail. They have a chassis that is mounted on either a truck or railway car, and an engine that powers the tractor.
Some of the key players operating in the road–rail tractors market are Terberg, Mercedes-Benz (Unimog), Zephir, Aries Rail, WINDHOFF, G. Zwiehoff GmbH, Rail-Ability Ltd, Shandong Dongda Construction Machinery, MOL, GH Varley Pty Limited.
The road¢‚¬€œrail tractors market is expected to register a CAGR of 4.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Road–rail Tractors 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 Road–rail Tractors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Road–rail Tractors 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 Road–rail Tractors 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 Road–rail Tractors Market Size & Forecast, 2020-2028
4.5.1 Road–rail Tractors Market Size and Y-o-Y Growth
4.5.2 Road–rail Tractors Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Diesel-powered
5.2.2 Electric
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Rail Transport
6.2.2 Mining
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Road–rail Tractors 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 Road–rail Tractors 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Diesel-powered
9.6.2 Electric
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 Market Size Forecast by Applications
9.10.1 Rail Transport
9.10.2 Mining
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Diesel-powered
10.6.2 Electric
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 Market Size Forecast by Applications
10.10.1 Rail Transport
10.10.2 Mining
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Diesel-powered
11.6.2 Electric
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 Market Size Forecast by Applications
11.10.1 Rail Transport
11.10.2 Mining
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Diesel-powered
12.6.2 Electric
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 Market Size Forecast by Applications
12.10.1 Rail Transport
12.10.2 Mining
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Diesel-powered
13.6.2 Electric
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) Market Size Forecast by Applications
13.10.1 Rail Transport
13.10.2 Mining
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 Road–rail Tractors Market: Competitive Dashboard
14.2 Global Road–rail Tractors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Terberg
14.3.2 Mercedes-Benz (Unimog)
14.3.3 Zephir
14.3.4 Aries Rail
14.3.5 WINDHOFF
14.3.6 G. Zwiehoff GmbH
14.3.7 Rail-Ability Ltd
14.3.8 Shandong Dongda Construction Machinery
14.3.9 MOL
14.3.10 GH Varley Pty Limited
