Opportunities in the composites in the passenger rail market have evolved through a number of stages i.e. from ECHO IV to virtual assistant technology. Lucintel has found the future of this market to be promising; the composite in the passenger rail market is expected to reach $0.9 billion by 2025 with a CAGR of 3%. In this market, front end structure is the largest application, whereas glass fiber composites is largest segment by fiber type. Players can benefit from the available opportunities like increase in high speed train production and growing of mono and metro rail network.
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Joptek Composites, Sintex Wausaukee Composites, Excel Composites, Miles Fiberglass & Composites, and TPI Composites are some of the companies profiled in this report.
Some of the features of this report:
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This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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