Market Overview:
The global road-rail vehicles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for efficient and reliable transportation systems across the globe. Additionally, the growing trend of urbanization is also propelling the demand for road-rail vehicles, as they are ideal for transporting goods and passengers in congested areas. The global road-rail vehicles market can be segmented on the basis of type, application, and region. On the basis of type, light vehicles accounted for a major share of the market in 2017 and are expected to maintain their dominance duringthe forecast period as well.
Product Definition:
A road-rail vehicle is a type of vehicle that can operate on both railway tracks and roads. They are used for moving goods or people between different locations. Road-rail vehicles are important because they allow transportation to be more efficient and faster.
Light Vehicles:
Light vehicles are passenger cars and commercial vehicles that are designed for carrying passengers and goods. They have a seating capacity of fewer than 15 seats, usually less than 10. Light vehicles include pick-up trucks, minivans, SUVs, and sedans among others.
The global light vehicle market size was valued at USD 1.1 trillion in 2016; it is expected to expand at a CAGR of XX% over the forecast period (2017 - 2026).
Heavy Vehicles:
Heavy vehicles are road-rail vehicles that are more than 750 kg capacity. They include goods carriers, tankers, tractors and other such trucks. Road-Rail Vehicle (R RV) is a vehicle that is used to carry passengers or goods on rails and also used as a regular bus on roads. Heavy Vehicles & it's usage in the market can be segmented as per the type of product they carry; namely transportation of bulk materials like coal, cement concrete products etc.
Application Insights:
The road-rail vehicles are used for various applications including overhead line mounting, rail cleaning, drainage, shunting, construction and earth moving, survey and others. Overhead line mounting was the largest application segment in 2017. It is mainly used to provide clearance for high voltage electric lines along with other structures such as trees and buildings on both sides of the track. The growth of this application can be attributed to increasing electrification of railway tracks across various regions coupled with growing urbanization projects in developing countries such as China and India.
The rail cleaning segment is expected to grow at a significant rate over the forecast period owing to its ability to clear snow from around railway tracks during winters enabling continuous use of trains resulting in higher demand for road-rail vehicles that can clean snow from around railway tracks thus making it operable throughout the year round which will drive market growth over the forecast period.
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 government investments in infrastructure development coupled with rising demand for rail vehicles from developing countries such as India, China, and Japan. Moreover, growing industrialization along with rapid urbanization has led to an increase in freight transportation requirements across Asia Pacific which is further anticipated to drive regional product demand over the forecast period.
The European market was valued at USD X million in 2017 and is projected to expand at a CAGR of XX% during the forecast years on account of increasing road-rail vehicle manufacturing capacity by various companies across Europe coupled with increased spending on modernization activities by governments for railways infrastructure systems within Europe region itself as well as other regions such as North America and Asia Pacific). Furthermore, growing trend towards automation among manufacturers will positively impact industry growth over next eight years (from 2018 - 2027).
Growth Factors:
- Increasing demand for transportation and logistics services due to globalization and urbanization
- Proliferation of road-rail vehicles in developing countries as they offer an efficient and economical mode of transportation compared to other modes such as trucks or trains
- Development of innovative technologies that improve the efficiency, safety, and environmental performance of road-rail vehicles
- Growing demand for electric road-rail vehicles as they are more energy efficient and emit less pollution than traditional diesel engines
- Implementation of stringent regulations governing emissions from transport sector that will promote the adoption of electric road-rail vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Road-Rail Vehicles Market Research Report
By Type
Light Vehicles, Heavy Vehicles, Excavators, Shunting Vehicles, Others
By Application
Overhead Line Mounting, Rail Cleaning, Drainage, Shunting, Construction & Earth Moving, Survey, Others
By Companies
Aries Rail, Aquarius Railroad Technologies, Balfour Beatty Rail Limited, ZWEIWEG International GmbH & Co. KG., SaZ s. r. o., SRS Sjolanders AB., ZAGRO Bahn- und Baumaschinen GmbH, Goldschmidt Thermit Group, Zwiehoff GmbH, Harrybilt Engineering, Hilton Kommunal GmbH, CRRC, Qingdao Hongtai Traffic Equipment, Trackmobile
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Road-Rail Vehicles Market Report Segments:
The global Road-Rail Vehicles market is segmented on the basis of:
Types
Light Vehicles, Heavy Vehicles, Excavators, Shunting Vehicles, 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
Overhead Line Mounting, Rail Cleaning, Drainage, Shunting, Construction & Earth Moving, Survey, 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:
- Aries Rail
- Aquarius Railroad Technologies
- Balfour Beatty Rail Limited
- ZWEIWEG International GmbH & Co. KG.
- SaZ s. r. o.
- SRS Sjolanders AB.
- ZAGRO Bahn- und Baumaschinen GmbH
- Goldschmidt Thermit Group
- Zwiehoff GmbH
- Harrybilt Engineering
- Hilton Kommunal GmbH
- CRRC
- Qingdao Hongtai Traffic Equipment
- Trackmobile
Highlights of The Road-Rail Vehicles 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:
- Light Vehicles
- Heavy Vehicles
- Excavators
- Shunting Vehicles
- Others
- By Application:
- Overhead Line Mounting
- Rail Cleaning
- Drainage
- Shunting
- Construction & Earth Moving
- Survey
- 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 Road-Rail Vehicles 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.
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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 vehicles are a type of rail vehicle that uses roads to transport goods and passengers. They are similar to freight trains, but they travel on the road instead of in railroad tracks.
Some of the major players in the road-rail vehicles market are Aries Rail, Aquarius Railroad Technologies, Balfour Beatty Rail Limited, ZWEIWEG International GmbH & Co. KG., SaZ s. r. o., SRS Sjolanders AB., ZAGRO Bahn- und Baumaschinen GmbH, Goldschmidt Thermit Group, Zwiehoff GmbH, Harrybilt Engineering, Hilton Kommunal GmbH, CRRC, Qingdao Hongtai Traffic Equipment, Trackmobile.
The road-rail vehicles market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Road-Rail Vehicles Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Road-Rail Vehicles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Road-Rail Vehicles Market - Supply Chain
4.5. Global Road-Rail Vehicles Market Forecast
4.5.1. Road-Rail Vehicles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Road-Rail Vehicles Market Size (000 Units) and Y-o-Y Growth
4.5.3. Road-Rail Vehicles Market Absolute $ Opportunity
5. Global Road-Rail Vehicles Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Road-Rail Vehicles Market Size and Volume Forecast by Type
5.3.1. Light Vehicles
5.3.2. Heavy Vehicles
5.3.3. Excavators
5.3.4. Shunting Vehicles
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Road-Rail Vehicles Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Road-Rail Vehicles Market Size and Volume Forecast by Application
6.3.1. Overhead Line Mounting
6.3.2. Rail Cleaning
6.3.3. Drainage
6.3.4. Shunting
6.3.5. Construction & Earth Moving
6.3.6. Survey
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Road-Rail Vehicles Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Road-Rail Vehicles Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Road-Rail Vehicles Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Road-Rail Vehicles Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Road-Rail Vehicles Demand Share Forecast, 2019-2026
9. North America Road-Rail Vehicles Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Road-Rail Vehicles Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Road-Rail Vehicles Market Size and Volume Forecast by Application
9.4.1. Overhead Line Mounting
9.4.2. Rail Cleaning
9.4.3. Drainage
9.4.4. Shunting
9.4.5. Construction & Earth Moving
9.4.6. Survey
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Road-Rail Vehicles Market Size and Volume Forecast by Type
9.7.1. Light Vehicles
9.7.2. Heavy Vehicles
9.7.3. Excavators
9.7.4. Shunting Vehicles
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Road-Rail Vehicles Demand Share Forecast, 2019-2026
10. Latin America Road-Rail Vehicles Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Road-Rail Vehicles Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Road-Rail Vehicles Market Size and Volume Forecast by Application
10.4.1. Overhead Line Mounting
10.4.2. Rail Cleaning
10.4.3. Drainage
10.4.4. Shunting
10.4.5. Construction & Earth Moving
10.4.6. Survey
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Road-Rail Vehicles Market Size and Volume Forecast by Type
10.7.1. Light Vehicles
10.7.2. Heavy Vehicles
10.7.3. Excavators
10.7.4. Shunting Vehicles
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Road-Rail Vehicles Demand Share Forecast, 2019-2026
11. Europe Road-Rail Vehicles Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Road-Rail Vehicles Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Road-Rail Vehicles Market Size and Volume Forecast by Application
11.4.1. Overhead Line Mounting
11.4.2. Rail Cleaning
11.4.3. Drainage
11.4.4. Shunting
11.4.5. Construction & Earth Moving
11.4.6. Survey
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Road-Rail Vehicles Market Size and Volume Forecast by Type
11.7.1. Light Vehicles
11.7.2. Heavy Vehicles
11.7.3. Excavators
11.7.4. Shunting Vehicles
11.7.5. Others 11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Road-Rail Vehicles Demand Share, 2019-2026
12. Asia Pacific Road-Rail Vehicles Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Road-Rail Vehicles Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Road-Rail Vehicles Market Size and Volume Forecast by Application
12.4.1. Overhead Line Mounting
12.4.2. Rail Cleaning
12.4.3. Drainage
12.4.4. Shunting
12.4.5. Construction & Earth Moving
12.4.6. Survey
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Road-Rail Vehicles Market Size and Volume Forecast by Type
12.7.1. Light Vehicles
12.7.2. Heavy Vehicles
12.7.3. Excavators
12.7.4. Shunting Vehicles
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Road-Rail Vehicles Demand Share, 2019-2026
13. Middle East & Africa Road-Rail Vehicles Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Road-Rail Vehicles Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Road-Rail Vehicles Market Size and Volume Forecast by Application
13.4.1. Overhead Line Mounting
13.4.2. Rail Cleaning
13.4.3. Drainage
13.4.4. Shunting
13.4.5. Construction & Earth Moving
13.4.6. Survey
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Road-Rail Vehicles Market Size and Volume Forecast by Type
13.7.1. Light Vehicles
13.7.2. Heavy Vehicles
13.7.3. Excavators
13.7.4. Shunting Vehicles
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Road-Rail Vehicles Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Road-Rail Vehicles Market: Market Share Analysis
14.2. Road-Rail Vehicles Distributors and Customers
14.3. Road-Rail Vehicles Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aries Rail
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aquarius Railroad Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Balfour Beatty Rail Limited
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ZWEIWEG International GmbH & Co. KG.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SaZ s. r. o.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SRS Sjolanders AB.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ZAGRO Bahn- und Baumaschinen GmbH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Goldschmidt Thermit Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zwiehoff GmbH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Harrybilt Engineering
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hilton Kommunal GmbH
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CRRC
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Qingdao Hongtai Traffic Equipment
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Trackmobile
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
