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Railcar movers market growing steadily at 1.55% CAGR to 2021 detailed in new research report

Automotive and Transportation Market Research

The global railcar movers market to grow at a CAGR of 1.55% during the period 2017-2021.

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The following companies as the key players in the global railcar movers market: Trackmobile, Shuttlewagon, Unilokomotive, and Rail King. Other Prominent Vendors in the market are: Railquip, and ZAGRO Group.

Complete report on the Railcar Movers Market Research Report spread across 61 pages, profiling 6 companies with table of content is now available at…aspx?name=1127618.

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Railcar Movers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is integration of intelligent system in railcar movers. Intelligent railcar mover has integrated intelligent systems such as Telematics and advanced IT and monitoring system that help in increasing the efficiency of operations.

Information regarding the movement and speed of railcar movers is recorded on the real-time basis, which is shared with all stakeholders within the supply chain.

According to the report, one of the major drivers for this market is Railroad transportation is energy efficient. Railroad transportation that requires the support of railcar movers is an effective mode of transportation as it can handle a large volume of cargo in short span of time as compared with road transport.

An average number of 64 trucks are required for handling cargo of this volume, which is possible by a single train.

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Further, the report states that one of the major factors hindering the growth of this market is Highly concentrated market. The global railcar movers market is highly concentrated as there are a limited number of market players that constitutes around 95% of the global market share.

Trackmobile, Shuttlewagon, Unilokomotive, Rail King and Zagro Group are the five key players operating in the global railcar movers market. Hence, the challenge faced by the companies is to find out ways to differentiate products they offer from their competitor.

Rail King, a railcar mover manufacturer, is focusing more on maximizing safety, increasing efficiency, and operator comfort. Also, Trackmobile, a leading railcar mover manufacturer, implemented innovative technologies such as MAX-TRAN automatic weight transfer management and MAX-TRAC ABS for helping railcar movers to ease the workload.

This report covers the present scenario and the growth prospects of the global railcar movers market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of railcar movers.

Railcar mover is a vehicle that is capable of traveling on both rail and road tracks. It acts as a supporting role in the movement of railcars from rail to road or vice-versa.

Railcar mover is used more compared with switcher locomotive as it is more economical and convenient in the process of switching operations because of its versatile nature. Railcar movers are extensively used in freight transportation worldwide.Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?           

What are the key market trends?                       

What is driving this industry?                                  

What are the challenges to market growth?

Who are the key vendors in this industry space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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