Description
INTRODUCTION TO TURKEY ROLLING STOCK MARKET
The foundation is being prepared for a total rail revolution all over Turkey. New, conventional and high-speed routes are being created, and infrastructure is being greatly improved.
Currently, the nation is focusing on rolling stock as well, with billions of dollars in expenditures planned. Increased demand for freight trains and related rolling stock is partly due to Turkish railroad liberalisation.
Turkey is seeing a rise in demand for new train sets, rail cars, and waggons. Both tenders for brand-new locomotives and fleet modernization are covered by activity.
This is a multibillion dollar project that needs the engineering competence and knowledge of other countries to be completely realised.
TURKEY ROLLING STOCK MARKET SIZE AND FORECAST
The Turkey 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.
TURKEY ROLLING STOCK MARKET DYNAMICS
Two Renfe trains will be used by Sun Tren’s Cappadocia Express, Turkey’s first private railroad company, for its upcoming sleeper service to the UNESCO World Heritage Site Cappadocia.
The two-year agreement asks for the leasing of two train sets, each consisting of 20 Talgo VII Series carriages, and was supported by the Investment Office of the Presidency of the Republic of Turkey.
Sun Tren will perform maintenance, but the company is also in talks to include Talgo. Startup businesses and other new operations almost usually have to lease rolling stock or turn to the used market because of the high expenses associated with new rolling stock.
Turkish fleets of high-speed trains, urban rail vehicles like trams and metro cars, freight waggons, and locomotives are all being modernised at a cost of billions.
The nation’s railways are being improved as part of a comprehensive national transportation reform, therefore Turkish officials aren’t being frugal with this significant project.
The majority of tenders with an international focus are for high-speed trains. 106 new units will be purchased, 10 of which have already been done so.
The national rail operator of Turkey, TCDD, awarded a contract to Siemens to provide 10 Velaro units.
TURKEY ROLLING STOCK MARKET COMPANY PROFILE
- CSR-MNG Railway System Vehicles
- Durmazlar Holding
- EUROTEM
- Turkish Railway Machines Industry Inc
- Turkish Wagon Industry Inc
- Vako Wagon Inc
- Hyundai Rotem
- Bombardier
- Alstom
- Siemens
- CAF
- CRRC
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- What is the average cost per Turkey 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 Turkey?
- How many Turkey 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 Turkey Rolling Stock Market and key vendor selection criteria
- Where is the Turkey Rolling Stock Market manufactured? What is the average margin per equipment?
- Market share of Turkey Rolling Stock Market manufacturers and their upcoming products
- The most important planned Turkey Rolling Stock Market in next 2 years
- Details on network of major Turkey Rolling Stock Market and pricing plans
- Cost advantage for OEMs who manufacture Turkey Rolling Stock Market in-house
- 5 key predictions for next 5 years in Turkey Rolling Stock Market
- Average B-2-B Turkey Rolling Stock Market price in all segments
- Latest trends in Turkey Rolling Stock Market, by every market segment
- The market size (both volume and value) of Turkey Rolling Stock Market in 2024-2030 and every year in between?
- Global production breakup of Turkey Rolling Stock Market, by suppliers and their OEM relationship
