Published on : Feb 27, 2019
Albany, New York, February 27, 2019: To tackle the overcrowding issue which continues to inflict rail transport systems, many have embraced the open-gangway approach, also called as centipede train. Given there are no walls and doors between each carriage, the open-gangway has propelled capacity of the train, thereby resulting in higher revenue for train operators. The gangway has provided a clear solution to the ongoing problem through enhancing customer experience, allowing passengers to redistribute themselves while the train is moving. On the other hand, traditional closed-gangway offers better fire protection system as it is equipped with walls and carriages and compartmentalizes the train; prolonging escape time for passengers in the course of fire.
These factors are in accordance with the report titled, “Rail Gangways Market: Global Industry Analysis 2013-2017 and Opportunity Analysis 2018-2028,” which has been latterly added to the Market Research Hub’s (MRH) exhaustive repository. With respect to the market share, the market for rail gangways is anticipated to expand at a CAGR of close to 5% during the forecast period 2018-2028.
There has been soaring investments for metro rail projects and railways development which are expected to propel the growth of rail gangways market. Besides, growing rail activities in India, China and South East Asia are estimated to boost the rail gangways market.
Rail Gangways Market: Report Content
Qualitative and quantitative analysis underlie a comprehensive analysis on the rail gangways market for the forecast period 2018-2026. The report presents a lucid picture of the dynamics of the market, expanding to drivers, opportunities, trends and restraints. These factors become paramount and have great influence in the growth of the rail gangways market. Further, the report includes the segmentation of the rail gangways market to provide a holistic view. The market is segmented on the basis of product type, train type and material type.
The report starts with a comprehensive executive summary followed by market background section. The market background section delves into macro-economic factors and value chain analysis. The report also includes market structure analysis which sheds light on market share analysis of top players along with market presence analysis of players. The report also shows the technology roadmap of the market.
The last section delves into the competitive landscape of the rail gangways market with a competition dashboard, developments, benchmarking and deep dive. The section elucidates overview, product portfolio, sales footprint and strategy of leading players in the market.
Rail Gangways Market: Research Methodology
The market for rail gangways adopts supply-demand approach to provide a holistic picture of the market. In-house panel of experts have thoroughly analyzed the research sources, including secondary sources and primary sources. Revenue comparison, market share comparison and Y-o-Y growth comparison on the geography lead to the market size of the rail gangways. The growth of manufacturers in the historical and forecast period are estimated to assist the readers with investment decisions.
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