TechNavio today launched its report Rail Transportation Equipment Manufacturing Industry in China 2011-2015 based on an in-depth study focusing exclusively on the Chinese market. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Automotive team said; ”Growth in the Rail Transportation Equipment Export market in China is an emerging trend in the growth of the Rail Transportation Equipment Manufacturing industry in China. The Rail Transportation Equipment Export market in China is expected to grow massively by 2015. This increasing global demand of Chinese railway equipment will propel the growth of the Rail Transportation Equipment Manufacturing industry in China.”
According to the report, the growth of the Rail Freight market in China is one of the major drivers propelling the growth of the Rail Transportation Equipment Manufacturing industry in China.
Further, the report also discusses that the increasing average wage rates is a major challenge for the Rail Transportation Equipment Manufacturing industry in China.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://goo.gl/N6sF2
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TechNavio Announces the Publication of its Report – Rail Transportation Equipment Manufacturing Industry in China 2011-2015
