Railcar Leasing Market is anticipated to reach US$ 14.39 Bn by 2029 from US$ 10.09 Bn in 2022 at a CAGR of 5.2% during a forecast period.Railcar Leasing Market Overview:
A railcar is a train that is meant to move goods, which consists of a single coach with carriage and car. Railcar leasing is a service that provides these railcars on a lease or rent basis. Railcar leasing provides a variety of tank and freight cars readily accessible for full-service rentals, like upkeep, taxes, and insurance. It also includes net services like tax and insurance selections, as well as other financial structures.To know about the Research Methodology :- Request Free Sample Report
Railcar Leasing Market Dynamics:
The growing need for carrying petrochemicals, gases, transportation of cargo, oil, and other goods are expected to drive the market's growth during the forecast period. The diversified food products that are being transferred and shipped through containers are creating lucrative opportunities for the growth of the market. Similarly, a rise in demand for goods including seafood and pharmaceutical products, which are stored in a temperature-controlled container, is expected to boost the railcar leasing market during the forecast period. In addition, intelligent railcars with the help of a wireless digital network are expected to offer various benefits to the railcar leasing market. These digital freight trains are expected to involve IoT to digitalize all railcar operations. Thus, factors like digital assistance for loading and unloading, freight car management, arrival notification are expected to fuel the growth of the railcar leasing market during the forecast period. On the other hand, intelligent technologies, such as telematics and monitoring systems, as well as the Internet of Things, aid in the storage and processing of data collected by different sensors mounted to railcars. These devices also aid in the detection of unlawful door entry while assuring the secure transit of products. As a result of the improvements in railcar systems, the railcar leasing market is expected to grow at a steady rate throughout the forecast period. Manufacturers across the globe are investing in freight wagons that are cost and energy-efficient. According to data collected, these freight wagons consumed 3% -8% less traction energy and also lowered noise and lifecycle costs. Thus, these newly developed wagons are expected to provide growth opportunities in the global railcar leasing market during the forecast period. Restraints: Railcars are expensive, in addition, the railcar leasing market is reinforced by stringent laws and legislation that favor the lessor in the execution of contracts. The movement of railcars from one location to another necessitates the payment of car miles, as well as a storage price for products that have not yet been delivered. These factors are expected to hamper the market's growth during the forecast period.Railcar Leasing Market Segmentation Analysis:
By End-use, chemical & products segment held the 62.5% market share in 2022 and is expected to grow at an xx% CAGR during the forecast period.Railcar Leasing Market Regional Insights:
The North American railcar leasing market is held the xx% of market share in 2022, as more than 1.5 billion railcars are seen traveling through the region. The growth in the region is attributed to the rising demand for rail freight logistics from various industry segments. In addition, rising environmental concerns and increasing efficiency of rail networks are expected to boost the railcar leasing market during the forecast period. In addition, Key manufacturers across the region are entering into partnerships with railcar manufacturers to manage lease and outsource fleets, which in turn is likely to fuel the railcar leasing market in the region. Europe is expected to grow at a CAGR of 4% during the forecast period. On the other hand, Asia Pacific is held an xx% market share in 2022 due to growing spending by governments for the growth of railway transportation infrastructure projects across the region. An increase in petrochemical transportation is a key factor that is likely to propel the railcar leasing market in the region.Railcar Leasing Market Scope: Inquire before buying
Railcar Leasing Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 10.09 Bn. Forecast Period 2023 to 2029 CAGR: 5.2% Market Size in 2029: US $ 14.39 Bn. Segments Covered: by Type • Tank Cars • Freight Cars • Others by End Use • Oil & Gas • Chemical Products • Energy and Coal • Steel & Mining • Others Railcar Leasing Market, by Region:
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Railcar Leasing Market: Key Players
• American Railcar Industries Inc. • Brunswick Rail Management Ltd. • GATX Corporation • Mitsui Rail Capital • CIT Group Inc. • The Greenbrier Companies • Trinity Industries Inc. • UNION TANK CAR COMPANY • VTG AG • Wells Fargo Company • Union Tank Car • Ermewa • SMBC (ARI) • BRUNSWICK Rail • Andersons • Touax Group • Chicago Freight Car Leasing • The Greenbrier CompaniesFrequently Asked Questions
1. What is the projected market size & growth rate of Global Railcar Leasing Market? Ans- Railcar Leasing Market was valued at USD 10.09 billion in 2022 and is projected to reach USD 14.39 billion by 2029, growing at a CAGR of 5.2% during the forecast period. 2. What are the key driving factors for the growth of Global Railcar Leasing Market? Ans- The growing need for carrying petrochemicals, gases, transportation of cargo, oil, and other goods are expected to drive the market's growth during the forecast period. 3. Which Region accounted for the largest Global Railcar Leasing Market share? Ans- The North American railcar leasing market is held the xx% of market share in 2022, as more than 1.5 billion railcars are seen traveling through the region. 4. What makes Asia Pacific a Lucrative Market for Global Railcar Leasing Market? Ans- Asia Pacific is expected to hold an xx% market share in 2022 due to growing spending by governments for the growth of railway transportation infrastructure projects across the region. 5. What are the top players operating in Global Railcar Leasing Market? Ans- American Railcar Industries Inc., Brunswick Rail Management Ltd., CIT Group Inc., GATX Corporation, Mitsui Rail Capital, The Greenbrier Companies, Trinity Industries Inc., and UNION TANK CAR COMPANY.
1. Railcar Leasing Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Railcar Leasing Market: Dynamics 2.1. Railcar Leasing Market Trends by Region 2.1.1. North America Railcar Leasing Market Trends 2.1.2. Europe Railcar Leasing Market Trends 2.1.3. Asia Pacific Railcar Leasing Market Trends 2.1.4. Middle East and Africa Railcar Leasing Market Trends 2.1.5. South America Railcar Leasing Market Trends 2.2. Railcar Leasing Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Railcar Leasing Market Drivers 2.2.1.2. North America Railcar Leasing Market Restraints 2.2.1.3. North America Railcar Leasing Market Opportunities 2.2.1.4. North America Railcar Leasing Market Challenges 2.2.2. Europe 2.2.2.1. Europe Railcar Leasing Market Drivers 2.2.2.2. Europe Railcar Leasing Market Restraints 2.2.2.3. Europe Railcar Leasing Market Opportunities 2.2.2.4. Europe Railcar Leasing Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Railcar Leasing Market Drivers 2.2.3.2. Asia Pacific Railcar Leasing Market Restraints 2.2.3.3. Asia Pacific Railcar Leasing Market Opportunities 2.2.3.4. Asia Pacific Railcar Leasing Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Railcar Leasing Market Drivers 2.2.4.2. Middle East and Africa Railcar Leasing Market Restraints 2.2.4.3. Middle East and Africa Railcar Leasing Market Opportunities 2.2.4.4. Middle East and Africa Railcar Leasing Market Challenges 2.2.5. South America 2.2.5.1. South America Railcar Leasing Market Drivers 2.2.5.2. South America Railcar Leasing Market Restraints 2.2.5.3. South America Railcar Leasing Market Opportunities 2.2.5.4. South America Railcar Leasing Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Railcar Leasing Industry 2.8. Analysis of Government Schemes and Initiatives For Railcar Leasing Industry 2.9. Railcar Leasing Market Trade Analysis 2.10. The Global Pandemic Impact on Railcar Leasing Market 3. Railcar Leasing Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Railcar Leasing Market Size and Forecast, by Type (2022-2029) 3.1.1. Tank Cars 3.1.2. Freight Cars 3.1.3. Others 3.2. Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 3.2.1. Oil & Gas 3.2.2. Chemical Products 3.2.3. Energy and Coal 3.2.4. Steel & Mining 3.2.5. Others 3.3. Railcar Leasing Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Railcar Leasing Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Railcar Leasing Market Size and Forecast, by Type (2022-2029) 4.1.1. Tank Cars 4.1.2. Freight Cars 4.1.3. Others 4.2. North America Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 4.2.1. Oil & Gas 4.2.2. Chemical Products 4.2.3. Energy and Coal 4.2.4. Steel & Mining 4.2.5. Others 4.3. North America Railcar Leasing Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Railcar Leasing Market Size and Forecast, by Type (2022-2029) 4.3.1.1.1. Tank Cars 4.3.1.1.2. Freight Cars 4.3.1.1.3. Others 4.3.1.2. United States Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 4.3.1.2.1. Oil & Gas 4.3.1.2.2. Chemical Products 4.3.1.2.3. Energy and Coal 4.3.1.2.4. Steel & Mining 4.3.1.2.5. Others 4.3.2. Canada 4.3.2.1. Canada Railcar Leasing Market Size and Forecast, by Type (2022-2029) 4.3.2.1.1. Tank Cars 4.3.2.1.2. Freight Cars 4.3.2.1.3. Others 4.3.2.2. Canada Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 4.3.2.2.1. Oil & Gas 4.3.2.2.2. Chemical Products 4.3.2.2.3. Energy and Coal 4.3.2.2.4. Steel & Mining 4.3.2.2.5. Others 4.3.3. Mexico 4.3.3.1. Mexico Railcar Leasing Market Size and Forecast, by Type (2022-2029) 4.3.3.1.1. Tank Cars 4.3.3.1.2. Freight Cars 4.3.3.1.3. Others 4.3.3.2. Mexico Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 4.3.3.2.1. Oil & Gas 4.3.3.2.2. Chemical Products 4.3.3.2.3. Energy and Coal 4.3.3.2.4. Steel & Mining 4.3.3.2.5. Others 5. Europe Railcar Leasing Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Railcar Leasing Market Size and Forecast, by Type (2022-2029) 5.2. Europe Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 5.3. Europe Railcar Leasing Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Railcar Leasing Market Size and Forecast, by Type (2022-2029) 5.3.1.2. United Kingdom Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 5.3.2. France 5.3.2.1. France Railcar Leasing Market Size and Forecast, by Type (2022-2029) 5.3.2.2. France Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Railcar Leasing Market Size and Forecast, by Type (2022-2029) 5.3.3.2. Germany Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Railcar Leasing Market Size and Forecast, by Type (2022-2029) 5.3.4.2. Italy Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Railcar Leasing Market Size and Forecast, by Type (2022-2029) 5.3.5.2. Spain Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Railcar Leasing Market Size and Forecast, by Type (2022-2029) 5.3.6.2. Sweden Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Railcar Leasing Market Size and Forecast, by Type (2022-2029) 5.3.7.2. Austria Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Railcar Leasing Market Size and Forecast, by Type (2022-2029) 5.3.8.2. Rest of Europe Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 6. Asia Pacific Railcar Leasing Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Railcar Leasing Market Size and Forecast, by Type (2022-2029) 6.2. Asia Pacific Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 6.3. Asia Pacific Railcar Leasing Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Railcar Leasing Market Size and Forecast, by Type (2022-2029) 6.3.1.2. China Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Railcar Leasing Market Size and Forecast, by Type (2022-2029) 6.3.2.2. S Korea Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Railcar Leasing Market Size and Forecast, by Type (2022-2029) 6.3.3.2. Japan Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 6.3.4. India 6.3.4.1. India Railcar Leasing Market Size and Forecast, by Type (2022-2029) 6.3.4.2. India Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Railcar Leasing Market Size and Forecast, by Type (2022-2029) 6.3.5.2. Australia Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Railcar Leasing Market Size and Forecast, by Type (2022-2029) 6.3.6.2. Indonesia Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Railcar Leasing Market Size and Forecast, by Type (2022-2029) 6.3.7.2. Malaysia Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Railcar Leasing Market Size and Forecast, by Type (2022-2029) 6.3.8.2. Vietnam Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Railcar Leasing Market Size and Forecast, by Type (2022-2029) 6.3.9.2. Taiwan Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Railcar Leasing Market Size and Forecast, by Type (2022-2029) 6.3.10.2. Rest of Asia Pacific Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 7. Middle East and Africa Railcar Leasing Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Railcar Leasing Market Size and Forecast, by Type (2022-2029) 7.2. Middle East and Africa Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 7.3. Middle East and Africa Railcar Leasing Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Railcar Leasing Market Size and Forecast, by Type (2022-2029) 7.3.1.2. South Africa Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Railcar Leasing Market Size and Forecast, by Type (2022-2029) 7.3.2.2. GCC Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Railcar Leasing Market Size and Forecast, by Type (2022-2029) 7.3.3.2. Nigeria Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Railcar Leasing Market Size and Forecast, by Type (2022-2029) 7.3.4.2. Rest of ME&A Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 8. South America Railcar Leasing Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Railcar Leasing Market Size and Forecast, by Type (2022-2029) 8.2. South America Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 8.3. South America Railcar Leasing Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Railcar Leasing Market Size and Forecast, by Type (2022-2029) 8.3.1.2. Brazil Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Railcar Leasing Market Size and Forecast, by Type (2022-2029) 8.3.2.2. Argentina Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Railcar Leasing Market Size and Forecast, by Type (2022-2029) 8.3.3.2. Rest Of South America Railcar Leasing Market Size and Forecast, by End Use (2022-2029) 9. Global Railcar Leasing Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Railcar Leasing Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. American Railcar Industries Inc. 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Brunswick Rail Management Ltd. 10.3. GATX Corporation 10.4. Mitsui Rail Capital 10.5. CIT Group Inc. 10.6. The Greenbrier Companies 10.7. Trinity Industries Inc. 10.8. UNION TANK CAR COMPANY 10.9. VTG AG 10.10. Wells Fargo Company 10.11. Union Tank Car 10.12. Ermewa 10.13. SMBC (ARI) 10.14. BRUNSWICK Rail 10.15. Andersons 10.16. Touax Group 10.17. Chicago Freight Car Leasing 10.18. The Greenbrier Companies 11. Key Findings 12. Industry Recommendations 13. Railcar Leasing Market: Research Methodology 14. Terms and Glossary