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2022
Railcar Movers Market

Railcar Movers Market by Product (Axle Type, Body Pin, Cantilever, and Coupler Arm), Type (Electric and Diesel), and Application (Oil & Gas and Metals & Minerals): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Jan 2022 | 173 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Railcar mover is rail-road vehicle which is capable of travelling on both roads and rail tracks. Railcar movers are fitted with couplers for moving small numbers of railroad cars around in a rail siding or small yard. These are being extensively used by railroad customers because they are cheaper than owning a switcher locomotive, more convenient & cheaper than paying the railroad operator to do the switching, easier and more productive than manually moving of railcars. Moreover, the railcars are usually lightweight so, at times they require higher traction to pull heavier railcars. The tractive effort of a railcar mover depends on the weight of the car, the higher the weight, the higher the tractive effort. Thus, the railcars are equipped with weight transfer technology which allows the car mover operator to maximize the amount of weight that is transferred from a railcar to the car mover, regardless of whether the railcar is fully loaded, partially loaded or empty. This added weight increases the tractive effort of the railcar mover and enables it pull heavier railcars. 

Market Scope and Structure Analysis:

Report Metric

Details

  Market size available for years

  2020–2030

  Base year considered

  2020

  Forecast period

  2021–2030

  Forecast units

  Value (USD)

  Segments covered

  Product, Type, Application, and Region

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)

  Companies covered

Brandt Road Rail Corporation, Railquip Inc., Shuttlewagon Inc., Stewart & Stevenson LLC, Trackmobile Inc., Rail King, Unilokomotive, BOSS RAILCAR MOVERS, Calbrandt, and Mitchell Equipment Corporation

 

COVID-19 Impact Analysis: 

Due to COVID-19 pandemic the government across all countries declared lockdown and various other restrictions. The imposed lockdown has severely affected the rail industry since, due to travel restrictions all the movement of train were halted thus, it affected the demand for railcar movers. Moreover, due losses railways also cancelled their orders for new railcar movers which further affected the market. Furthermore, the manufacturing of rail car was also halted during this period due to unavailability of raw materials. In addition, due to social distancing norms there was also unavailability of labour required railcar mover manufacturing. Railways in an evolving sector which had a slight setback due to the pandemic, but it is expected to recover post pandemic driving the growth of railcar movers market.

Top Impacting Factors 

  •  Rise in demand for transportation, rise in demand for fuel efficient transportation, and low cost of railcar mover than switcher locomotive is expected to drive growth of the market. 
  •  However, high cost of maintenance and lack of skilled railcar mover operator can hamper growth of the market.
  •  Moreover, lightweight of railcar movers, rise in demand for cost effective transportation, and rise in demand of electric railcar mover can act as an opportunity for growth of the market.  

Market Trends

Rise in demand of electric railcar mover

Rise in demand for fuel efficiency has driven the demand for electric railcar mover. Moreover, electric railcar has lower operating cost than diesel powered railcar. It has lower maintenance cost, higher performance, and reduced noise.

Moreover, the leading players operating in market are developing and introducing advanced electric railcar movers which is further expected to drive the demand for railcar movers in near future. For instance, in 2020 railcar mover manufacturer Zephir has developed an electric railcar mover Zephir Crab 2100 E which can move loads from 5,850 – 8,100 lbs. Furthermore, in 2020 railcar mover manufacture Shuttle wagon introduced all electric railcar mover series SWXe with a capacity to move loads from 3,600 – 45,000 lbs. Thus, rise in demand for electric railcar mover can act as an opportunity for growth of railcar movers market.
    
Key Segments Covered:

Segments

Sub-segments

 Product

  • Axle Type
  • Body Pin
  • Cantilever
  • Coupler Arm

  Type

  • Electric
  • Diesel

  Application

  • Oil & Gas
  • Metals & Minerals

  Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

 

Key Benefits of the Report:

  •  This study presents the analytical depiction of the railcar movers market along with the current trends and future estimations to determine the imminent investment pockets.
  •  The report presents information related to key drivers, restraints, and opportunities along with challenges of the railcar movers market.
  •  The current market is quantitatively analyzed from 2020 to 2030 to highlight the railcar movers market growth scenario.
  •  The report provides detailed railcar movers market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the railcar movers market research report:

  •  Which are the leading market players active in the railcar movers market?
  •  What would be the detailed impact of COVID-19 on the market?
  •  What current trends would influence the market in the next few years?
  •  What are the driving factors, restraints, and opportunities in the railcar movers market?
  •  What are the projections for the future that would help in taking further strategic steps? 
 
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