Upgrades and Investments are Being Made into Rail Transport
Upgrades and Investments are Being Made into Rail Transport : Around the world, upgrades and investments are being made into rail transport. It has been estimated by experts that this market is worth around â¬162 billion every year. The trend in Asia is aimed towards the expansion of the long-distance rail travel whereas in Western Europe is mainly focused of local transport which has been experiencing a rather disproportionate level of growth. The cable specialist based in Stuttgart, Lapp is interested in the growth in spending in the railway network, and want to have a part of the opportunities this set of works offers. Lapp focuses mainly at rolling stock including locomotives, power cars, freight cars and passenger coaches. As work continues on improving the rail network, investment in cabling is a main part of the improvements. Lapp are aware that there is a demand for connection solutions. These solutions are needed for brake systems, driverâs desks, traction converters, coupling and train control systems; all of which need to be wired and could be a profitable market for Lapp. Other systems such as control cabinets, drive systems and fans could provide possible contracts for Lapp. There is market potential in this sector of the rail vehicle industry which can be valued at â¬500 million per year. There are daunting barriers for entering this market, and products that will be used in this sector will need to meet the highest safety requirements. This is to protect passengers on this transport from incidents such as Fire. In order to get into the market of providing connections for railway stock, Lapp has produced a special portfolio that will be specific for the rail industry. Products included in the portfolio include ÃLFLEX® TRAIN cables as well as UNITRONIC® and ETHERLINE® data cables. Unveiled in the autumn of 2016, Lappâs portfolio was displayed at the InnoTrans trade fair in Berlin. Manufacturing & Engineering Magazine | The Home of Manufacturing Industry News
