Railcar Mover Market

Railcar Mover Market : Increasing Industrialization Globally to Bolster Growth until
2020
A new Transparency Market Research report states that the global railcar mover
market is poised to rise at a 1.02% CAGR from 2014 to 2020. The title of the report
is “Railcar Mover Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 - 2020”.
Browse the full Railcar Mover Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2020 report at
https://www.transparencymarketresearch.com/global-railcar-mover-market.html
Railcar movers refer to road-rail vehicles i.e. the vehicles that are capable of
traveling on both rail tracks and roads. They are attached with couplers in order to
move railroad cars in a small yard or a rail siding. Some railcar movers comprise
two drive systems, while others only have a single drive system. Railcar movers are
being majorly utilized by railroad customers owing to them being cheaper as
compared to switcher locomotives. They present a more productive way for moving
cars as compared to manual moving of cars.
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As per the report, the growing economic activities in a number of regions worldwide
and the increasing industrialization are the major factors fuelling the growth of the
market for railcar movers. The increasing export and import of food and beverages,
chemicals and minerals, construction materials, and automobiles have also augmented
the growth of the market. The reduced fuel consumption by railcar movers and the
advantage of moving both off and on rail track have also impacted the railcar mover
market positively.
Additionally, the increasing economic prosperity, the GDP gains, and the growing
industrialization within developed nations of Asia Pacific and Rest of the World
(RoW) will also propel the growth of the market in the forecast horizon. However,
the low adoption of railcar movers in nationalized railway networks may negatively
impact the development of the market for railcar movers.
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On the basis of geography, the report segments the global railcar mover market into
North America, Europe, Asia Pacific, and Rest of the World (RoW). Of these, the
North America railcar mover market held the largest share in 2013 due to the
increasing activities of research and development and the rising count of investments
within this region. Furthermore, the increasing production of oil, coal, natural gas,
and other liquid biofuels within this region will also propel the demand for railcar
movers here.
In the forthcoming years, however, the railcar mover market within North America is
expected to rise at a very low CAGR of 0.69% between 2014 and 2020. Thus, the
railcar movers market in North America is poised to lose some of its share and will
be overtaken by the region of Asia Pacific. This is due to the expanding economy
and the rising disposable income of individuals residing in the countries of Asia
Pacific.
The Asia Pacific railcar mover market is poised to rise at a CAGR of 1.33% between
2014 and 2020. On the other hand, the railcar movers market in the Middle East is
also anticipated to grow swiftly all through the forecast horizon.
According to the report, the chief manufacturers dominant in the railcar movers
market in North America are Shuttlewagon, Trackmobile, Railkin, Railquip Inc.,
Brandt Road Rail Corp., Unimog, Zweiweg, Unilokomotive, Zephir, UCA, and
Zwiehoff, among others.

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