China Rail Transit Air-conditioner Industry Report 2018-2022 – ResearchAndMarkets.com

The “China
Rail Transit Air-conditioner Industry Report, 2018-2022” report
has been added to ResearchAndMarkets.com’s offering.

As Chinese cities are growing ever bigger and traffic jams are getting
worse, the traditional public transport cannot meet city dwellers’
mobility need any longer, and rail transit in consequence becomes
indispensable to address heavy traffic congestion in big cities since it
is characterized by high speed, large carrying capacity and less
pollution. China has entered a fast development stage for rail transit
and construction of high-speed rails, subways and intercity rails are
either under way or in the pipeline across the country, stimulating
rapid growth of related components like rail transit air-conditioners
whose market size reported RMB5.025 billion in 2017 with a year-on-year
surge of over 100%. It is anticipated that the investments into railways
during 2016-2020 will be up to at least RMB4 trillion, that is to say,
more than RMB800 billion per year, of which investment into rolling
stock equipment is estimated to hit RMB540 billion.

Additionally, the new urbanization development strategy is pushing ahead
at a rapid race in China, and construction of urban rail transit becomes
a development priority. As expected, the investments into urban rail
transit will be more than RMB2 trillion between 2016 and 2020, including
the estimated input of over RMB150 billion in rolling stock equipment.
The Chinese rail transit air-conditioning market will be worth RMB23
billion in the next five years, i.e., an average of RMB4.6 billion per
annum.

Companies Mentioned

Key Topics Covered:

1. Status Quo of China’s Rail Transit Air-Conditioning Industry

2. Development of China’s Rail Transit Industry

3. Development of China’s Rail Vehicle Industry

4. Situation of Rail Vehicle Air-Conditioning Market in China

5. Major Chinese Rail Transit Air-Conditioning Manufacturers

For more information about this report visit https://www.researchandmarkets.com/research/nkm979/china_rail?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180712005289/en/

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