Global Railcar Leasing Along with Key Drivers, Major Manufactures Trends and Forecast to 2023
MarketResearchNest.com adds “Global Railcar Leasing Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023” new report to its research database. The report spread across in a 133 pages with table and figures in it.
Rail freight transportation is used for the movement of heavy goods, such as coal, metals, and oils. Often, rail freight service providers go beyond logistics and provide value-added services, such as loading and unloading, documentation services, and packaging. They also provide strategic and operational value to many shippers worldwide. Freight service providers are improving logistics services by introducing innovative supply chain management.
Scope of the Report:
This report studies the Railcar Leasing Market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Railcar Leasing market by product type and applications/end industries.
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Growing need for delivering commodities in a cost-effective manner in various industries is projected to fuel demand for railcars globally. In addition, surge in the number of construction projects is projected to impact growth of the global market positively.
Leasing gives your company the use of a productive railcar fleet and frees cash for investment in the business itself, where the returns are usually greater. Other financial benefits include: Leasing payments are tax deductible and may provide certain financial advantages.
The railcar leasing market is showing steady growth as it is a sustainable and reliable mode of transportation. Tax benefits and considerations extended to the lessee, by the lessor, is a cost-effective method of financing equipment. Rail operators enter lease agreements since they reduce capital expenditure and other credits that can be allocated for other purposes. Also, it eliminates the risk of equipment degeneration that could lead to reduced resale value.
The global Railcar Leasing market is valued at 8970 million USD in 2017 and is expected to reach 12300 million USD by the end of 2023, growing at a CAGR of 5.4% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Railcar Leasing.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
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Market Segment by Companies, this report covers
Wells Fargo, GATX, Union Tank Car, CIT, VTG, Trinity, Ermewa, SMBC (ARI), BRUNSWICK Rail, Mitsui Rail Capital, Andersons, Touax Group, Chicago Freight Car Leasing, The Greenbrier Companies.
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Tank Cars
- Freight Cars
Market Segment by Applications, can be divided into
- Oil and Gas
- Chemical Products
- Energy and Coal
- Steel and Mining
- Food and Agriculture
- Aggregates and Construction
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