Rolling Stock Management Market is poised to grow substantially till 2025

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Rolling Stock Management Market is set to see
healthy CAGR during 2019 to 2025 Global Market
Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Rolling Stock Management
Market

• Europe is expected to account for a significant
  share in the rolling stock management market.
  This can be credited to the advancements in
  railway technologies along with focus on
  innovative solutions for prolonging the life
  cycle of rolling stocks. Industry players are
  also engaged in long term maintenance contracts
  for ensuring optimum performance of rolling
  stocks. For instance, in July 2018, Nuovo
  Trasporto Viaggiatori and Alstom signed a
  strategic contract for offering maintenance and
  repair services for its trains for 30 years.

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• Application Analysis of Rolling Stock Management
  Market
• The railway industry is in the verge of carrying
  out significant optimization of its operations
  and rolling stock for improving the services
  offered to the customers. Moreover, the expansion
  of freight operations in trains coupled with
  increasing preference for trains to carry cargo
  and goods to long distance over trains are
  positively influencing the rolling stock
• Technological advancements in railway sector to
  operate efficiently within the existing
  infrastructure is projected to witness a
  significant growth over the study timeframe. The
  incorporation of predictive analytics, smart
  ticketing solutions, along with passenger
  information systems are contributing towards
  significant reduction in overall railway
  departure time.
• Based on infrastructure, the rolling stock
  management market is categorized into control
  room management, station management, and
  automatic fare collection management. The
  automatic fare collection is expected to showcase
  significant growth over the projected timeframe
  owing to the benefits of integrated ticketing
  capabilities, thereby reducing significant time
  of consumers. Industry players are introducing
  advanced ticketing solutions for easing the
  consumer ticketing process.

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Competitive Market Share of Rolling Stock
Management Market

• Few of the major players operating in the rolling
  stock management market share include Bombardier,
  Alstom, Siemens, Mitsubishi Heavy Industries,
  Hitachi, TalgoConstrucciones Y Auxiliar De
  Ferrocarriles, Thales Group, ABB, Trimble, and
  Transmashholding. Long term contracts and
  partnerships are among the key strategies adopted
  by industry players to enhance their business
  share.

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