Market Insight : Railcar Leasing Market Globally Grow at a CAGR of 6.99% by Revenue During the Forecast Period 2017-2021
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About Railcar Leasing
Railcar lessors purchase railcars or rolling stock at a competitive price from the rolling stock manufacturers and lease them to public and private railroad players and shippers in various industries, such as chemical and plastics, petroleum refineries, and food and agricultural. This is done at a lease rate for a lease period, which varies from 2-5 years or even 20 years, depending on the types of lease. At the end of the lease, the railcar lessors will maximize the value of the railcar by selling or scrapping at a suitable time.
Technavios analysts forecast the global railcar leasing market to grow at a CAGR of 6.99% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global railcar leasing market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
North America
APAC
Europe
Technavio's report, Global Railcar Leasing 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.
Key vendors
American Railcar Industries
Beacon Rail Leasing
CIT
GATX
Touax Rail
VTG
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Other prominent vendors
C.K. Industries
Compass Capital
GLNX
Greenbrier Leasing Company
Helm Financial
Infinity Rail
The Andersons
Wells Fargo
Sumitomo Mitsui Banking Corporation (SMBC)
Progress Rail Services
CAI International
The David J. Joseph Company
Chicago Freight Car Leasing Company
The Connell Company
Market driver
Rising global crude oil production
For a full, detailed list, view our report
Market challenge
Declining coal consumption by power sector in US
For a full, detailed list, view our report
Market trend
Increasing demand for railcar
For a full, detailed list, view our report
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 market?
What are the challenges to market growth?
Who are the key vendors in this market space?
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Five forces analysis
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