Description
INTRODUCTION TO THAILAND ROLLING STOCK MARKET
Rolling stock refers to the many types of carriages that a railway pulls behind it, including freezer cars, cargo, oil, and people. In general, the word “stock” refers to inventories.
As a result, because it is possible to assess the vehicle’s value easily and transfer the goods to the buyer without incurring significant costs or delays, rolling stock is regarded as a liquid asset or something similar (excluding external environmental factors).
The development of the global rolling stock market has also been accelerated by technical developments like magnetic levitation trains (Maglev Trains), the use of IoT in communications, signalling, engineering, and improving the onboard experience for passengers.
THAILAND ROLLING STOCK MARKET SIZE AND FORECAST
The Thailand Rolling Stock Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
THAILAND ROLLING STOCK MARKET DYNAMICS
To replace its outdated fleet, the State Railway has started testing new diesel-electric locomotives. The trains between Bangkok’s Bang Sue station and Chachoengsao were put through a test run before being christened after the Japanese superhero Ultraman for their colour scheme.
The second test will start the following month from the SriRacha junction in Chonburi to the Lat Krabang neighbourhood of Bangkok.
The State Railway of Thailand is convinced that this new diesel-electric locomotive will help improve customer service effectiveness.
The new locomotives can tow 550 tonnes at up to 120 kph and have 3,263 horsepower. In the case of fully laden cargo trains, that speed lowers to 70kph.
They will be utilised to replace outdated equipment on long-distance lines, such as those that connect the capital with Chiang Mai, Nong Khai, and the Deep South, for both freight and passenger use.
The first 20 CDA5B1 locomotives delivered to the State Railway of Thailand have successfully finished their traction performance testing, according to CRRC (SRT).
The new locomotives are able to provide more traction power than existing locomotives with the same axle load because of their 16-tonne low axle load and high power-to-weight ratio.
THAILAND ROLLING STOCK MARKET COMPANY PROFILE
- Alstom Holdings SA
- Bombardier Inc
- CRRC Corporation Limited
- GE Transportation,
- General Electric
- Hitachi Ltd
- Hyundai Rotem Company
- Kawasaki Heavy Industries Ltd
- Siemens AG
- Stadler Rail AG
- Electro-Motive Diesel (EMD)
- Skoda Transportation AS
- Talgo SA
- TrinityRail
- Wabtec Corporation
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- What is the average cost per Thailand Rolling Stock Market right now and how will it change in the next 5-6 years?
- Average cost to set up a Rolling Stock Market in Thailand?
- How many Thailand Rolling Stock Markets are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- What is happening in the overall public, globally?
- Cost breakup of a Thailand Rolling Stock Market and key vendor selection criteria
- Where is the Thailand Rolling Stock Market manufactured? What is the average margin per equipment?
- Market share of Thailand Rolling Stock Market manufacturers and their upcoming products
- The most important planned Thailand Rolling Stock Market in next 2 years
- Details on network of major Thailand Rolling Stock Market and pricing plans
- Cost advantage for OEMs who manufacture Thailand Rolling Stock Market in-house
- 5 key predictions for next 5 years in Thailand Rolling Stock Market
- Average B-2-B Thailand Rolling Stock Market price in all segments
- Latest trends in Thailand Rolling Stock Market, by every market segment
- The market size (both volume and value) of Thailand Rolling Stock Market in 2024-2030 and every year in between?
- Global production breakup of Thailand Rolling Stock Market, by suppliers and their OEM relationship
