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Railcar Leasing Market in North America 2019-2023

Railcar Leasing Market in North America 2019-2023

About this market

The increase in the production rate of refined products of crude oil such as gasoline. Additionally, the need for tank cars to transport these flammable and toxic products is also increasing. However, crude oil manufacturers are mandated to adopt enhanced tank car standards and risk-based retrofitting for old tank cars. Such constraints had led manufacturers to prefer leasing of rail cars over the purchase of new rail cars. The increasing demand for tank cars resulting due to growth in the crude oil production has been one of the key factors to propel the North American railcar leasing market during our forecast period. The application of advanced coatings on railcars will drive the railcar leasing market in North America to grow at a CAGR of almost 7% during the forecast period.

Market Overview

Increasing expansion of railway network

The increasing transportation of cargo, oil and other refined products and expansion of seaports are some of the major factors influencing the market growth. These expansions of seaports and increasing foreign trade are increasing the need for more railway networks for faster and economical transfer the goods.

Risks associated with railcar leasing

The tank cars that have been used for the transportation of chemicals, crude oil and petroleum products will have severe damages, which reduces the value of the railcar, as well as incurs huge losses for the leases. Therefore, the risk associated with the railcar leasing can hinder the growth of the market during our forecast period.

For the detailed list of factors that will drive and challenge the growth of the railcar leasing market during the 2019-2023, view our report.

Competitive Landscape

The railcar leasing market in North America is moderately fragmented. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global railcar leasing market
      • Table Segments of global railcar leasing market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Regional market: Size and forecast 2018-2023 ($ billions)
      • Table Regional market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Petroleum and chemical - Market size and forecast 2018- 2023
      • Table Petroleum and chemical - Market size and forecast 2018-2023 ($ billions)
      • Table Change in upstream oil and gas investment, 2017 vs 2016
      • Table Petroleum and chemical - Year-over-year growth 2019-2023 (%)
    • Coal - Market size and forecast 2018-2023
      • Table Coal - Market size and forecast 2018-2023 ($ billions)
      • Table Coal - Year-over-year growth 2019-2023 (%)
    • Agricultural products - Market size and forecast 2018-2023
      • Table Agricultural products - Market size and forecast 2018-2023 ($ billions)
      • Table Agricultural products - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ billions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Freight cars - Market size and forecast 2018-2023
      • Table Freight cars - Market size and forecast 2018-2023 ($ billions)
      • Table Freight cars - Year-over-year growth 2019-2023 (%)
    • Tank cars - Market size and forecast 2018-2023
      • Table Tank cars - Market size and forecast 2018-2023 ($ billions)
      • Table Tank cars - Year-over-year growth 2019-2023 (%)
    • Locomotives - Market size and forecast 2018-2023
      • Table Locomotives - Market size and forecast 2018-2023 ($ billions)
      • Table Locomotives - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • US - Market size and forecast 2018-2023
      • Table US - Market size and forecast 2018-2023 ($ billions)
      • Table US - Year-over-year growth 2019-2023 (%)
    • Rest of North America - Market size and forecast 2018-2023
      • Table Rest of North America - Market size and forecast 2018-2023 ($ billions)
      • Table Rest of North America - Year-over-year growth 2019-2023 (%)
    • Market opportunity
      • Table Market opportunity
  • Decision Framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Application of advanced coatings on railcars
    • Integration of intelligent systems in freight cars
    • Innovative railcar design
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • American Railcar Industries
      • Table American Railcar Industries - Vendor overview
      • Table American Railcar Industries - Business segments
      • Table American Railcar Industries - Organizational developments
      • Table American Railcar Industries - Geographic focus
      • Table American Railcar Industries - Segment focus
      • Table American Railcar Industries - Key offerings
    • C.K. Industries
      • Table C.K. Industries - Vendor overview
      • Table C.K. Industries - Business segments
      • Table C.K. Industries - Key offerings
    • CIT
      • Table CIT - Vendor overview
      • Table CIT - Business segments
      • Table CIT - Organizational developments
      • Table CIT - Geographic focus
      • Table CIT - Segment focus
      • Table CIT - Key offerings
    • GATX
      • Table GATX - Vendor overview
      • Table GATX - Business segments
      • Table GATX - Organizational developments
      • Table GATX - Geographic focus
      • Table GATX - Segment focus
      • Table GATX - Key offerings
    • Trinity Industries
      • Table Trinity Industries - Vendor overview
      • Table Trinity Industries - Business segments
      • Table Trinity Industries - Organizational developments
      • Table Trinity Industries - Geographic focus
      • Table Trinity Industries - Segment focus
      • Table Trinity Industries - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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