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The railcar leasing market in North America is forecasted to grow by USD 6.11 billion during 2023-2028, accelerating at a CAGR of 7.42% during the forecast period. The report on the railcar leasing market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for tank cars due to growing crude oil production, increasing expansion of railway network, and cost advantages of railcar leasing.
The railcar leasing market in North America is segmented as below:
By End-user
- Petroleum and chemical
- Coal
- Agricultural products
- Metals and minerals and others
By Product
- Freight cars
- Tank cars
- Locomotives
The report on the railcar leasing market in North America covers the following areas:
- Railcar leasing market in North America sizing
- Railcar leasing market in North America forecast
- Railcar leasing market in North America industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The analyst recognizes the following companies as the key players in the global railcar leasing market in North America: American Industrial Transport Inc., Arrendadora Nacional de Carros de Ferrocarril S.A. de C.V., Berkshire Hathaway Inc., Everest Railcar Services Inc., First Citizens Bancshares Inc., GATX Corp., GLNX Corp., Herzog Contracting Corp., HiRail Leasing, MITSUI and CO. LTD., Nucor Corp., PFL Petroleum Services LTD., RESIDCO, RTEX Rail, Sasser Family Companies, Stonebriar Commercial Finance, Sumitomo Mitsui Financial Group., Trinity Industries Inc., Wells Fargo and Co., and VTG GmbH.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is application of advanced coatings on railcars.'
According to the report, one of the major drivers for this market is the increasing demand for tank cars due to growing crude oil production.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- American Industrial Transport Inc.
- Arrendadora Nacional de Carros de Ferrocarril S.A. de C.V.
- Berkshire Hathaway Inc.
- Everest Railcar Services Inc.
- First Citizens Bancshares Inc.
- GATX Corp.
- GLNX Corp.
- Herzog Contracting Corp.
- HiRail Leasing
- MITSUI and CO. LTD.
- Nucor Corp.
- PFL Petroleum Services LTD.
- RESIDCO
- RTEX Rail
- Sasser Family Companies
- Stonebriar Commercial Finance
- Sumitomo Mitsui Financial Group.
- Trinity Industries Inc.
- Wells Fargo and Co.
- VTG GmbH