Global Manufacture Of Parts And Accessories For Railway Vehicles MarketPosted by sainath on July 31st, 2018 This industry produces part and accessories for Railway vehicles manufacturing companies manufacture brakes and parts for railroad rolling stock, lubrication systems, and rail laying and tamping equipment. The global manufacture of parts and accessories for railway vehicles market was valued at USD 68 billion in 2017, because of the positive economic outlook, increasing demand for transportation services owing to rapid urbanization, policy makers’ green energy funding initiative, advancements in technology and increasing consumer demand for fuel efficient vehicles. Asia- Pacific was the largest geographic region in the manufacture of parts and accessories for railway vehicles market in 2017, accounting for around two-fourth of the global market share. Manufacture of parts and accessories for railway vehicles market is split into the following segments: locomotives equipment, transit cars equipment, railroad cars equipment and others - manufacture of parts & accessories for railway vehicles. Sample Report: https://www.thebusinessresearchcompany.com/sample.aspx?id=364&type=smp China was the biggest player in the manufacture of parts and accessories for railway vehicles market in 2017, accounting for more than one-fifth of the global market share. China was followed by the USA as the next largest country in the market. The top competitors in the market are Bombardier, Siemens Mobility, GE Transportation, Alstom and CAF. Bombardier is a global transportation company, headquartered in Montréal, Canada. It is present in more than 60 countries on five continents and is active in the manufacture of products, systems and the provision of services for the aviation (commercial and business jets) and rail transportation sectors. The division responsible for the company's aircraft manufacturing and related services is Bombardier Aerospace. The division is headquartered in Dorval, Quebec and ranks as the world’s third largest civil aircraft manufacturer, employing of 37,700 people. About The Business Research Company. The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally. Contact Information. The Business Research Company Europe: +44 207 1930 708 Asia: +91 8897263534 Americas: +1 315 623 0293 Email: info@tbrc.info Like it? Share it! More by this author |