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Showing posts with the label Railcar Mover Market

Railcar Mover Market: Industry Outlook, Growth Prospects and Key Opportunities

A new Transparency Market Research report states that the global railcar mover market is poised to rise at a 1.02% CAGR from 2014 to 2020. The title of the report is “Railcar Mover Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”. Railcar movers refer to road-rail vehicles i.e. the vehicles that are capable of traveling on both rail tracks and roads. They are attached with couplers in order to move railroad cars in a small yard or a rail siding. Some railcar movers comprise two drive systems, while others only have a single drive system. Railcar movers are being majorly utilized by railroad customers owing to them being cheaper as compared to switcher locomotives. They present a more productive way for moving cars as compared to manual moving of cars. As per the report, the growing economic activities in a number of regions worldwide and the increasing industrialization are the major factors fuelling the growth of the market for rai...