PUBLISHER: Lucintel | PRODUCT CODE: 1153982
PUBLISHER: Lucintel | PRODUCT CODE: 1153982
Composites in Passenger Rail Market Trends and Forecast
The future of the passenger rail market looks promising with opportunities in the interior and exterior market. Composites in the global passenger rail market is expected to reach an estimated $1.3 billion by 2027 with a CAGR of 4.7% from 2021 to 2027. The major drivers for the growth of this market are development of high speed trains, mono and metro rails, as well as the increasing demand for lightweight materials with superior mechanical performance, aesthetics, and fire safety.
Emerging Trends in Composites in the Passenger Rail Market
Emerging trends, which have a direct impact on the dynamics of the industry, includes development of green technology products and innovations guiding high performance composites for interior and exterior applications.
A total of 93 figures / charts and 95 tables are provided in this 163-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the passenger rail market report.
Composites in the Global Passenger Rail Market by Segment
Composites in the Global Passenger Rail Market by Application [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
Flooring
Ceiling
Wall Panel
Toilet Module
Seat Structures
Others
Doors
Front End Structures/Console
Others
Composites in the Global Passenger Rail Market by Fiber Type [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
Glass Fiber
Carbon Fiber and Others
Composites in the Global Passenger Rail Market by Resin Type [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
Composites in the Global Passenger Rail Market by Manufacturing Process [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
Composites in the Global Passenger Rail Market by Region [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
List of Composites in the Global Passenger Rail Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies passenger rail companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the passenger rail companies profiled in this report includes.
Composites in the Global Passenger Rail Market Insight
Features of Composites in the Global Passenger Rail Market
FAQ
Q1. What is the composites in the global passenger rail market size?
Answer: The composites in the global passenger rail market is expected to reach an estimated $1.3 billion by 2027.
Q2. What is the growth forecast for composites in the global passenger rail market?
Answer: Composites in the global passenger rail market is expected to grow at a CAGR of 4.7% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the composites in the global passenger rail market?
Answer: The major drivers for the growth of this market are development of high speed trains, mono and metro rails, as well as the increasing demand for lightweight materials with superior mechanical performance, aesthetics, and fire safety.
Q4. What are the major applications or end use industries for composites in the global passenger rail market?
Answer: Interior and exterior are the major end uses for passenger rail.
Q5. What are the emerging trends in composites in the global passenger rail market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, includes development of green technology products and innovations guiding high performance composites for interior and exterior applications.
Q6. Who are the key composites in the global passenger rail companies?
Answer: Some of the key composites in the global passenger rail companies are as follows:
Q7. Which composites in the global passenger rail manufacturing process segment will be the largest in future?
Answer: Lucintel forecasts that RTM/VARTM is expected to remain the largest process in composites part manufacturing for rail industry, supported by the low cycle time and ease of manufacturing.
Q8 : In composites in the global passenger rail market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.