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In 2022, the worldwide market was estimated to be worth $16.8 billion. From 2023 to 2030, it is predicted to increase at a CAGR of 6.4% to reach US$ 26.5 Bn.
A variety of asset management firms oversee the railcars and services provided by railcar lessors (service providers that offer railcars for rental for a specified duration of time as per a contract), which include repair and maintenance; tax, insurance, and other financial services. Metals and mining items, oil and gas products, agricultural and food and beverage products, and temperature-sensitive goods are just some of the many types of industrial products that can be transported using railcar lease facilities.
The leasing of railcars is expected to grow in popularity around the world in the next years, especially in Asia Pacific, North America, and Europe. Fact.MR has released an exclusive research anticipating trends in the railcar leasing market from 2020–2030. The primary purpose of this study is to present information about the current market situation, drivers of demand, and technological developments in this industry. The most in-demand types of railcars for lease include gondolas, boxcars, and hopper cars.
During the forecast period, the market is expected to increase because to the rising need for transporting petrochemicals, gases, cargo, oil, and other items. Market expansion prospects are being created by the transfer and shipping of a wide variety of food goods in containers. Similar to how the demand for temperature-controlled containers, such as those used to transport seafood and pharmaceuticals, is predicted to increase, so too will the railcar leasing business.
Further, the railcar leasing market stands to gain from the integration of intelligent railcars enabled by a wireless digital network. All railcar operations are projected to be digitalized as part of these digital goods trains, thanks to the Internet of Things. Thus, throughout the projection period, the growth of the railcar leasing market is anticipated to be driven by factors such as digital support for loading and unloading, goods car management, and arrival notification. However, telematics, monitoring systems, the Internet of Things, and other sophisticated technologies help store and interpret data collected by various sensors installed on railcars. Assuring the safe transport of goods, these gadgets also aid in the detection of unauthorised door entrance. It is anticipated that the railcar leasing market would expand at a steady rate throughout the projection period as a result of the enhancements to railcar systems.
Leasing railcars for the purpose of transporting products and commodities by rail is a common commercial practise in the transportation sector. Leasing a railcar is a more versatile and affordable option than buying one. The phrase "railcar" refers to a specific type of vehicle that is used to transport goods such as coal, grain, chemicals, petroleum, ethanol, and intermodal containers. Companies often opt to lease railcars from third-party providers rather than invest in their own fleet. As nations spend more on transportation infrastructure, the leasing market for railcars is expected to grow in the coming years. Especially for long-distance and large cargo, rail transport is an economical and efficient option. The market is being driven by the increasing demand for shipping goods around the world.
Report Coverage
Global Railcar Leasing research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Railcar Leasing report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Railcar Leasing competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Railcar Leasing market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Railcar Leasing market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Railcar Leasing market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
The Greenbrier Companies, Inc., GATX Corporation, Beacon Rail Leasing Ltd., Rail Innovators Group B.V., Akiem Group SAS, Porterbrook Leasing Co. Ltd., Alpha Trains Luxembourg Sarl, Touax SCA, American Railcar Industries, Inc., Angel Trains Ltd., Mitsui and Co. Ltd., ERR European Rail Rent GmbH, TRANSCHEM Sp zoo, TRANSWAGGON GmbH, VTG GmbH, Ermewa Interservices, CTI Group, Inc., and Wells Fargo Company.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Railcar Leasing market based on the below-mentioned segments:
Global Railcar Leasing Market, By Railcar Type
Tank Cars
Hopper Cars
Flat Cars
Box Cars
Refrigerated Cars
Others
Global Railcar Leasing market, By Lease Type
Full-service Leasing
Net Leasing
Modified Gross Leasing
Global Railcar Leasing Market, By End User
Chemical
Petroleum and Gas
Agriculture
Construction
Automotive
Food and Beverage
Others
Global Railcar Leasing market, Regional Analysis
A variety of asset management firms oversee the railcars and services provided by railcar lessors (service providers that offer railcars for rental for a specified duration of time as per a contract), which include repair and maintenance; tax, insurance, and other financial services. Metals and mining items, oil and gas products, agricultural and food and beverage products, and temperature-sensitive goods are just some of the many types of industrial products that can be transported using railcar lease facilities.
The leasing of railcars is expected to grow in popularity around the world in the next years, especially in Asia Pacific, North America, and Europe. Fact.MR has released an exclusive research anticipating trends in the railcar leasing market from 2020–2030. The primary purpose of this study is to present information about the current market situation, drivers of demand, and technological developments in this industry. The most in-demand types of railcars for lease include gondolas, boxcars, and hopper cars.
During the forecast period, the market is expected to increase because to the rising need for transporting petrochemicals, gases, cargo, oil, and other items. Market expansion prospects are being created by the transfer and shipping of a wide variety of food goods in containers. Similar to how the demand for temperature-controlled containers, such as those used to transport seafood and pharmaceuticals, is predicted to increase, so too will the railcar leasing business.
Further, the railcar leasing market stands to gain from the integration of intelligent railcars enabled by a wireless digital network. All railcar operations are projected to be digitalized as part of these digital goods trains, thanks to the Internet of Things. Thus, throughout the projection period, the growth of the railcar leasing market is anticipated to be driven by factors such as digital support for loading and unloading, goods car management, and arrival notification. However, telematics, monitoring systems, the Internet of Things, and other sophisticated technologies help store and interpret data collected by various sensors installed on railcars. Assuring the safe transport of goods, these gadgets also aid in the detection of unauthorised door entrance. It is anticipated that the railcar leasing market would expand at a steady rate throughout the projection period as a result of the enhancements to railcar systems.
Leasing railcars for the purpose of transporting products and commodities by rail is a common commercial practise in the transportation sector. Leasing a railcar is a more versatile and affordable option than buying one. The phrase "railcar" refers to a specific type of vehicle that is used to transport goods such as coal, grain, chemicals, petroleum, ethanol, and intermodal containers. Companies often opt to lease railcars from third-party providers rather than invest in their own fleet. As nations spend more on transportation infrastructure, the leasing market for railcars is expected to grow in the coming years. Especially for long-distance and large cargo, rail transport is an economical and efficient option. The market is being driven by the increasing demand for shipping goods around the world.
Report Coverage
Global Railcar Leasing research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Railcar Leasing report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Railcar Leasing competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Railcar Leasing market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | The Greenbrier Companies, Inc., GATX Corporation, Beacon Rail Leasing Ltd., Rail Innovators Group B.V., Akiem Group SAS, Porterbrook Leasing Co. Ltd., Alpha Trains Luxembourg Sarl, Touax SCA, American Railcar Industries, Inc., Angel Trains Ltd., Mitsui and Co. Ltd., ERR European Rail Rent GmbH, TRANSCHEM Sp zoo, TRANSWAGGON GmbH, VTG GmbH, Ermewa Interservices, CTI Group, Inc., and Wells Fargo Company. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Railcar Leasing Market from 2021 to 2030.
- Market Forecast for Railcar Leasing Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Railcar Leasing competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Railcar Leasing
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Railcar Leasing market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Railcar Leasing market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
The Greenbrier Companies, Inc., GATX Corporation, Beacon Rail Leasing Ltd., Rail Innovators Group B.V., Akiem Group SAS, Porterbrook Leasing Co. Ltd., Alpha Trains Luxembourg Sarl, Touax SCA, American Railcar Industries, Inc., Angel Trains Ltd., Mitsui and Co. Ltd., ERR European Rail Rent GmbH, TRANSCHEM Sp zoo, TRANSWAGGON GmbH, VTG GmbH, Ermewa Interservices, CTI Group, Inc., and Wells Fargo Company.
Primary Target Market
- Market Players of Railcar Leasing
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Railcar Leasing market based on the below-mentioned segments:
Global Railcar Leasing Market, By Railcar Type
Tank Cars
Hopper Cars
Flat Cars
Box Cars
Refrigerated Cars
Others
Global Railcar Leasing market, By Lease Type
Full-service Leasing
Net Leasing
Modified Gross Leasing
Global Railcar Leasing Market, By End User
Chemical
Petroleum and Gas
Agriculture
Construction
Automotive
Food and Beverage
Others
Global Railcar Leasing market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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Through INFINITIVE Data Expert is a professional Market Research services, I will identify the railcar leasing market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.