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Stock impact report

The Railway Maintenance Machinery Market is projected to grow by USD 1.46 billion from 2024-2028, driven by rising railway electrification projects and AI advancements- Technavio Report [Y...

Alamo Group, Inc. (ALG) 
Last alamo group, inc. earnings: 2/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: alamo-group.com/investor-relations
Company Research Source: Yahoo! Finance
to grow by USD 1.45 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 6.15% during the forecast period. Increasing number of railway electrification projects is driving market growth, with a trend towards iot-based remote monitoring of trains and tracks. However, high cost of equipment and availability of refurbished products poses a challenge. Key market players include Alamo Group Inc., American Equipment Co., BBM Railway equipment LLC, China Railway Construction Corp. Ltd, CRRC Corp. Ltd., Dipsa Technes Srl, GEATECH Group Srl, Harsco Corp, Jinzhou Tiegong Railway Maintenance Machinery Co. Ltd., Loram Maintenance of Way Inc., MATISA MATERIEL INDUSTRIEL SA, Pandrol SAS, Plasser and Theurer Export von Bahnbaumaschinen GmbH, ROBEL Bahnbaumaschinen GmbH, Siemens AG, Sinara Transport Machines Holding, Speno International SA, Strukton Groep NV, Teraspyora Steelwheel Oy, and United Industrial Pty Ltd.. Key insights into market evolution w Show less Read more
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