An outlook of the global rail wheel and axle market with reference to the automotive industry
The global industry is currently witnessing a period of stabilization as steady sales continue to sustain growth for suppliers and OEMs. However, an industry that is undergoing one of the biggest transformation, the future truly looks uncertain. The auto industry has always remained fiercely competitive, with US, German, and Japanese OEMs relying on incremental upgrades to consolidate their position. However, as electric vehicles and driverless cars become a reality, traditional players are staring at a future they aren’t entirely familiar with. The next five years in this industry paint a picture of collaboration and competition with the Silicon Valley.
In 2017, the industry has witnessed growth in North America being offset by slowdown in Europe and China. The fortunes of the global automotive industry are stacked in favor of emerging markets, as limited opportunity continues to plague matured markets.
List of factors tracked in the automotive industry market report
- Automotive Industry GVA
- Automotive production outlook
- Automotive sales outlook
- Fleet on road outlook
- Automotive carbon emissions outlook
- Emissions & safety norms
- Installation rates of components / accessories
- Replacement rates of components / accessories
- Growth in aftermarket
- Growth in service centers
Global Market Study on Rail Wheel and Axle: Sprouting Railway Network in Rural Areas of Emerging Economies to Remain Principal Factor Driving AdoptionBuy Now
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