Rail Gangways Market Share

Rail Gangways Market Set to Deliver Major Revenue Shares during the Forecast Period

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Growing need for rail gangways in various countries on the coattails of ongoing railway infrastructure development along with new construction of metro rails is anticipated to accelerate the growth of rail gangways market across the globe.

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The global rail gangways market is expected to be valued at US$ 392.8 million in 2018, expanding at a significant CAGR of 4.9% over the forecast period (2018-2028). Rising investments in railway developments and upcoming metro rail projects are likely to complement future expansion of the market which has been foreseen to attain a value of US$ 634.0 million by 2028-end. Further, the rail gangways market is anticipated to create incremental $ opportunity worth US$ 241.3 million throughout the assessment period.

Development in Rail Activities to Offer Lucrative Opportunities