$ 39 55 Bn growth expected in Rail Logistics Market during 2020-2024 | Analyzing Growth in Air Freight & Logistics Industry prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Share this article
NEW YORK, April 14, 2021 /PRNewswire/
The railway couplers market is expected to grow by USD 193.82 million during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the railway couplers market in optimistic, probable, and pessimistic forecast scenarios.
Technavio has announced its latest market research report titled Railway Couplers Market by Product and Geography - Forecast and Analysis 2021-2025
Enterprises will go through the Response, Recovery, and Renew phases.
The railway couplers market will witness a neutral impact during the forecast period, owing to the widespread growth of the COVID-19 pandemic. As per Technavio s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
Hybrid Train Market to Reach $23.9 Bn, Globally, by 2027 at 6.6% CAGR: Allied Market Research
PORTLAND, Ore., Jan. 19, 2021 /PRNewswire/ Allied Market Research published a report, titled, Hybrid Train Market by Propulsion Type (Electro-Diesel, Battery Operated, Hydrogen Powered, Gas Powered, and Solar Powered), Application (Passenger and Freight), and Operating Speed (Less than 100 km/hr, 100-200 km/hr, and More than 200 km/hr): Global Opportunity Analysis and Industry Forecast, 2020-2027. According to the report, the global hybrid train industry generated $16.2 billion in 2019, and is expected to generate $23.9 billion by 2027, witnessing a CAGR of 6.6% from 2020 to 2027.
Drivers, restraints, and opportunities
Advantages associated with hybrid trains over conventional trains along with increase in awareness and stringent government regulations regarding environmental pollution drive the growth of the global hybrid train market. However, surge in cost regarding development