CSR ranked top three in new rolling stock market

Germany-based rail transit counseling firm SCI Verkehr recently issued the 2010 Global Railway Market Survey Report, showing that CSR has successfully ranked top three in new rolling stock market .

According to SCI Verkehr, China rail transit equipment manufacturers like CSR witnessed rapid growth over past five years, with growth rate hitting 108%, whereas international rail transit tycoons like Bombardier, Alstom, and Siemens, etc, only saw growth rate of 17%. The 2010 Global Railway Market Survey Report reveals that by now, CSR s sales revenue basically matches Alstom s.

With sizeable output of its competitive products such as high-speed EMU inclusive of CRH2 and CRH380A and large-power electric locomotives inclusive of HXD1, CSR achieved fast-rate growth in world rail transit equipment manufacturing market. In 2009, CSR s contractual value at abroad hit USD1.24 billion, up 60% from the corresponding period of last year, with export destinations covering 40-plus countries in five continents and key products being exported to developed countries and regions like EU, Singapore, and Australia etc. During January to July this year, CSR s contractual value at abroad totaled USD 760 million, a large increase as compared to the corresponding period of 2009. At present, CSR brand s influential power in the world rail transit industry is becoming more and more prominent.

SCI Verkehr, an international authoritative counseling firm, is committed to offering strategic consultation services in railway and logistics sectors, and it boasts extensive international experts network, with line of business being extended to the whole world. Each year, SCI Verkehr publishes several special reports on the locomotive vehicle market, and it issues the market analysis report to the world with 15 languages once a week. SCI Verkehr s analysis and appraisal to the locomotive vehicle production, sales, and operation market always receives high recognition and extensive attention from the world railway industry.