[ad_1]
NEW YORK, Sept. 23, 2022 /PRNewswire/ — The railcar leasing market in Europe is expected to observe an incremental growth of USD 254.04 million between 2020 and 2025, accelerating at a CAGR of 4.21% during the forecast period. The report identifies the market structure to be concentrated and highly consolidated as it is dominated by a few vendors. The market is highly competitive with vendors competing against each other to gain extra market share. They are focusing on strengthening their long-term financial stability by investing in railcar equipment, the expertise of people, and new businesses. Get deeper insights into the vendor landscape, the competitive scenario, new product/service offerings, successful strategies adopted by vendors, and much more. Buy Full Report Now
The market is driven by the growth in the oil, gas, and mining industry. The growing demand for energy has increased the consumption as well as the production of primary energy, such as oil, natural gas, and nuclear fuel. This has increased the demand for tank wagons to transport oil, natural gas, biofuel, and nuclear fuel such as uranium. All these factors will have a positive influence on the growth of the market in focus during the forecast period.
The report identifies Akiem SAS, Beacon Rail Leasing Ltd., ERMEWA Group, GATX Corp., Mitsui Rail Capital, Porterbrook Leasing Co. Ltd., RAILPOOL GmbH, The Greenbrier Companies Inc., Touax SCA, and VTG Aktiengesellschaft as some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here
The railcar leasing market in Europe is segmented as below:
- Type
- Freight Cars
- Tank Wagons
- Intermodals
The market growth in the freight cars segment will be significant over the forecast period. The segment includes flat cars, open cars, boxcars, and sliding wall freight cars. The demand for these cars is increasing due to the expansion of manufacturing companies in Eastern Europe. Also, the increase in government funding in the development of rail services will foster the growth of the segment.
- Geography
- Germany
- France
- The UK
- Poland
- Rest Of Europe
Germany will emerge as the major market, occupying 58% of the global market share. The increase in intermodal operations is driving the growth of the regional market. Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our railcar leasing market in Europe report covers the following areas:
We provide a detailed analysis of around 25 vendors operating in the railcar leasing market in Europe. Backed with competitive intelligence and benchmarking, our research report on the railcar leasing market in Europe is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist railcar leasing market growth in Europe during the next five years
- Estimation of the railcar leasing market size in Europe and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the railcar leasing market in Europe
- Analysis of the market’s competitive landscape and detailed information on vendors
Full story available on Benzinga.com
[ad_2]
Source link
