The global Rolling Stock market, valued at $51.10 billion in 2020, is projected to reach $72.25 billion by 2028, with a compound annual growth rate (CAGR) of 4.14% from 2021 to 2028. This growth is driven by various macro and microeconomic factors, including a rising preference for railway-based public transportation to alleviate traffic congestion.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Locomotive Technology (Conventional Locomotive, Turbocharge Locomotive, Maglev)
By Component (Pantograph, Axle, Wheelset, Others)
By Product Type(Diesel Locomotive , Electric Locomotive, Others)
Key players
Alstom
Bombardier
CRRC Corporation Limited
General Electric
Hitachi Ltd.
Siemens
Stadler Rail AG
The Greenbrier Companies, Inc.
TRANSMASHHOLDING
TrinityRail
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