South Korea Railway Equipment Market (2020-2026) | COVID-19 IMPACT, Growth, Analysis, Outlook, Companies, Forecast, Revenue, Value, Share, Industry, Size & Trends

The South Korean railway equipment market is expected to register a CAGR of 5.7% during the forecast period 2020?2026. The country has one of the most advanced railway systems in Asia backed with numerous projects and investments, both from domestic and international sources. Increasing population coupled with the growing demand for efficient public transportation services are some of the primary factors driving growth in this market. In addition, several government initiatives have been taken to modernize existing rail infrastructure which is likely to boost opportunities for growth in this sector over the next few years. Furthermore, technological advancements such as signaling control systems, communication networks, automated fare collection system (AFC), passenger information systems (PIS) and energy saving equipment are being used extensively by various stakeholders in order to enhance operational efficiency. Moreover, increasing consumer preference towards high-speed trains will further spur demand for railway equipments over the coming years

Some of key players operating in South Korean Railway Equipment Market include Hyundai Rotem Company Limited; LG CNS Co., Ltd.; Daewoo Engineering & Construction Co., Ltd.; Doosan Corporation; Dongbu Steel Co., Ltd.; ITX-Railway Group Inc.; Samhwa Machinery Incorporated; Lotte E&C Corp.; Samsung C&T Corporation; CSR Sifang Rolling Stock Co., Ltd..

Key Highlights of the Report:

• South Korea Railway Equipment Market Outlook
• Market Size of South Korea Railway Equipment Market, 2019
• Forecast of South Korea Railway Equipment Market, 2026
• Historical Data and Forecast of South Korea Railway Equipment Revenues & Volume for the Period 2016 - 2026
• South Korea Railway Equipment Market Trend Evolution
• South Korea Railway Equipment Market Drivers and Challenges
• South Korea Railway Equipment Price Trends
• South Korea Railway Equipment Porter's Five Forces
• South Korea Railway Equipment Industry Life Cycle
• Historical Data and Forecast of South Korea Railway Equipment Market Revenues & Volume By Product Type for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Railway Equipment Market Revenues & Volume By Rolling Stock for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Railway Equipment Market Revenues & Volume By Railway Infrastructure for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Railway Equipment Market Revenues & Volume By Others for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Railway Equipment Market Revenues & Volume By Applications for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Railway Equipment Market Revenues & Volume By Locomotives for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Railway Equipment Market Revenues & Volume By DMUs for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Railway Equipment Market Revenues & Volume By EMUs for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Railway Equipment Market Revenues & Volume By Freight Vehicles for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Railway Equipment Market Revenues & Volume By Others for the Period 2016 - 2026
• South Korea Railway Equipment Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Applications
• South Korea Railway Equipment Top Companies Market Share
• South Korea Railway Equipment Competitive Benchmarking By Technical and Operational Parameters
• South Korea Railway Equipment Company Profiles
• South Korea Railway Equipment Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):