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The rising desire for pleasant travel and rising preference for quicker travel times may all be related to the rise of the rolling stock market. Other contributing causes are increased urbanisation, rising traffic congestion, and rising demand for comfortable travel.
Furthermore, variables including the replacement of outdated rolling stock, new railway projects, and the extension of railway routes also affect the need for rolling stock. In addition, it is anticipated that the growing electrification of railway networks would promote the expansion of this industry on a worldwide scale.
Additionally, the nations that import oil intend to lessen their reliance on it and are searching for alternate sources of energy as a result. As a result, the majority of nations favour using electricity as a fuel source for varied rolling stock.
And conseqntly, the planning of new railway routes in numerous nations’ major cities and suburban areas is actively taking place. As a result, there are many prospective and existing metro railway and intercity railway projects across the world. As a result, the demand for the rolling stock market is probably going to increase steadily on a global scale.
The Malaysia Rolling Stock Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2029, registering a CAGR of XX% from 2023 to 2030.
The newest H10 Series locomotives have been introduced by Malaysian rolling stock manufacturer and maintenance service provider SMH Rail Sdn Bhd. Modern design engineering and “advanced” technologies are both included in the H10 Series.
According to SMH Rail, these locomotives will help create a green railway ecosystem by reducing emissions and fostering environmentally friendly practises. According to the firm, The Malaysian Book of Records has recognised these locomotives as the “First Made in Malaysia Locomotive” for the export market.
The design of these new locomotives will increase hauling capacity, reduce maintenance needs, and boost operating effectiveness. They therefore require reduced total life cycle costs. The H10 Series has been created in accordance with UIC specifications to deliver heavy hauling and long-haul services without interruption.
