Le Lézard
Classified in: Covid-19 virus
Subject: Photo/Multimedia

Analysis on Impact of COVID-19- Global Railcar Movers Market 2020-2024 | Evolving Opportunities with Calbrandt and Nordco INC.| Technavio


The global railcar movers market size is expected to grow by USD 2,904.43 thousand as per Technavio. This marks a significant market growth compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. Moreover, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 1%. Request Free Sample Report on COVID-19 Impacts

Read the 120-page report with TOC on "Railcar Movers Market Analysis Report by Application (Metal and mineral, Oil and gas, and CCC) and Geography (APAC, North America, Europe, MEA, and South America), and the Segment Forecasts, 2020-2024".

https://www.technavio.com/report/railcar-movers-market-industry-analysis

The market is driven by the growth in the oil and gas and mining industries. In addition, the growth in industrialization worldwide is anticipated to boost the growth of the railcar movers market.

The railcar movers market is expected to be driven by the rise of the oil and gas and mining industries. The major driver for the global railcar movers market is the increase in the usage of tank wagons for storage and transportation of crude oil, liquids, and liquefied gases around the world via rail. Companies rely heavily on railroad transportation for transporting crude oil to the refineries. Moreover, the mining industry is growing rapidly, especially in Europe, where it holds 20% of the revenue generation in the region. Thus, the growth in the mining industry will result in an increased volume of minerals to be transported through rail freight, which in turn, will increase the demand for railcar movers.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Railcar Movers Companies:

Calbrandt

Calbrandt operates its business through four segments such as reilcar movers, railcar gate openers, railcar retarders, and conveyor lifts. The company offers axletype railcar mover, body pin railcar mover, coupler arm railcar mover and others.

Nordco Inc.

Nordco Inc. offers roadway work equipment, mobile material handling, and inspection technologies. Under its railcar movers division, the company offers mobile railcar movers.

Railquip Inc

Railquip Inc offers road/rail equipped car mover, mobile lifting equipment, portable hydraulic rerailing equipment, shop and track maintenance equipment and turntables. The company's key offerings in the market include maxi rail car movers

Shuttlewagon Inc.

Shuttlewagon Inc. offers mobile railcar movers which include up to 25 loaded railcars, up to 40 loaded railcars, up to 60 loaded railcars and electric series.

STEWART & STEVENSON LLC

STEWART & STEVENSON LLC has business operations under three segments: equipment, part and services, and rental. The company offers the Rail King mobile railcar mover and supports railcar switching operations throughout North America and in international locations

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Railcar Movers Application Outlook (Revenue, USD th, 2020-2024)

Railcar Movers Regional Outlook (Revenue, USD th, 2020-2024)

Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


These press releases may also interest you

at 19:30
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages QuidelOrtho Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - QDEL
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of QuidelOrtho Corporation between February 18, 2022 and April 1, 2024, both dates inclusive (the "Class...

at 19:05
U.S. FDA Approves Subcutaneous Administration of Takeda's ENTYVIO® (vedolizumab) for Maintenance Therapy in Moderately to Severely Active Crohn's Disease
Takeda (TSE:4502/NYSE:TAK) today announced that the U.S. Food and Drug Administration (FDA) has approved ENTYVIO® (vedolizumab) subcutaneous (SC) administration for maintenance therapy in adults with moderately to severely active Crohn's disease (CD)...

at 18:51
Bladex announces 1Q24 Net Profit of $51.3 Million, or $1.40 per share, expanding its annualized return on equity to 16.8% in 1Q24
Banco Latinoamericano de Comercio Exterior, S.A. , a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, announced...

at 17:20
NOVAGOLD Releases 2023 Sustainability Report
Providing a comprehensive overview of NOVAGOLD's Environmental, Social and Governance (ESG) performance, emphasizing remarkable health and safety records, steadfast dedication to environmental protection, continuous community investment, extensive...

at 16:45
Dogness Reports Financial Results for the Six Months Ended December 31, 2023
Dogness (International) Corporation ("Dogness" or the "Company") , a developer and manufacturer of a comprehensive line of Dogness-branded, OEM and private label pet products, today announced its financial results for the six months ended December...

at 16:25
Inseego Voluntarily Pays-off and Terminates Asset-Backed Loan Facility to Improve Capital Structure Flexibility and Meaningfully Reduce Financing Costs
Inseego Corp. (the "Company"), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, and SMBs, announced today that as a result of its improving liquidity position and financial results,...

More news about Covid-19 virus...


News published on and distributed by: