Rolling Stock Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	150 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19260670

Best Price Guarantee
Price	from $4,850
Length	150 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19260670

Rolling Stock Market

Growth Factors of Rolling Stock Market

The Rolling Stock market size was valued at USD 50.86 billion in 2023, and the market is now projected to grow from USD 51.81 billion in 2024 to USD 64.51 billion by 2032, exhibiting a CAGR of 2.8% during the forecast period of 2024-2032.

In the widespread of the novel coronavirus the global economic condition was affected adversely and the rolling stock market growth too was hampered, driving to extend delays, supply chain disturbances, and diminished traveler demand. Lockdown measures and travel confinements affected rail operators' incomes, influencing unused orders and speculations in rolling stock. In any case, expanded center on open transportation security and supportability post-pandemic may drive advertise recuperation and appropriation of present-day rolling stock innovations.

The ubiquity of electric trains is rising very quickly owing to their wide array of benefits. These trains don't require high-grade coal and are free from generating coal dust. Diesel trains for the most part require time to begin due to the warming up of the inside combustion motor. The locomotives inclined to run on electricity are not subjected to such issues and they require less time for repairing and the upkeep as compared to various other trains. Running and upkeep costs of electric trains are comparatively lower than diesel trains.

The most prominent factor responsible for the worldwide rolling stock advertise is the expanding request for urban rail travel frameworks, especially in developing economies. Fast moving urbanization, populace development, and the requirement for the most feasible transportation arrangements have fueled the development of urban rail systems around the world. In cities hooking with activity clog and air contamination, urban rail travel offers a reasonable elective, giving effective, dependable, and naturally neighborly versatility choices. Governments and city specialists are contributing intensely towards the growing and modernizing their urban rail systems to meet developing traveler request and address urban portability challenges.

Comprehensive Analysis of Rolling Stock Market

The marketplace of the rolling stock on the foundation of type, is sectioned into locomotive, passenger carriages, and wagons. The type passenger carriages fragment is governed to held the lion's share of the showcase share. On the foundation of application, the market arena is isolated into traveler and cargo. Rail is the perfect choice for cargo transport due to its various benefits.

The continent of Asia Pacific overwhelmed the rolling stock market share and was esteemed at USD 23.53 billion in 2023. The development rate is governed on a fast moving mode as 2.7% amid the estimate period. Different governments in this locale are pushing for the electrification of trains owing to their environmental and financial benefits.

The major operating players in the market play a crucial role in assuring industrial prospectus growth and benchmarking the market standards. The companies operating in the market are listed as CRRC Corporation Limited (China), Stadler Rail (Switzerland), Alstom (France), GE Transportation (U.S.), Siemens Mobility (Germany), CJSC Transmashholding (Russia)Wabtec Corporation (U.S.), Hitachi Rail Limited (U.K.), Hyundai Rotem Company (South Korea) and others.

In the year 2024, the February month, Siemens Portability established a renting auxiliary to permit for brief take note and adaptable utilize of its Mireo Keen trains in Europe. The Shrewd Prepare Rent (STL) auxiliary will lease the battery, hydrogen, and electric adaptations of the multiple-unit trains at brief take note.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 2.8% from 2024-2032

Unit Value (USD Billion)

Segmentation By Type

Locomotive

Passenger Carriages

Wagons

By Application

Passenger

Freight

By Geography

North America (By Type and By Application)

U.S. (By Application)
Canada (By Application)
Mexico (By Application)

Europe (By Type and By Application)

U.K. (By Application)
Germany (By Application)
France (By Application)
Russia (By Application)
Rest of Europe (By Application)

Asia Pacific (By Type and By Application)

China (By Application)
Japan (By Application)
India (By Application)
South Korea (By Application)
Rest of Asia Pacific (By Application)

Rest of the World (By Type and By Application)

Please Note: It will take 5-6 business days to complete the report upon order confirmation.

1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities; 3.4. Market Trends
4. Key Insights: 4.1. Mergers, Acquisitions and Partnerships; 4.2. Porters Five Forces Analysis; 4.3. Technological Developments; 4.4. Impact of Covid-19
5. Global Rolling Stock Market Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Definitions; 5.2. Market Analysis, Insights and Forecast – By Type; 5.2.1. Locomotive; 5.2.2. Passenger Carriages; 5.2.3. Wagons; 5.3. Market Analysis, Insights and Forecast – By Application; 5.3.1. Passenger; 5.3.2. Freight; 5.4. Market Analysis, Insights and Forecast – By Region; 5.4.1. North America; 5.4.2. Europe; 5.4.3. Asia pacific; 5.4.4. Rest of the world
6. North America Rolling Stock Market Analysis, Insights and Forecast, 2019-2032: 6.1. Market Analysis, Insights and Forecast – By Type; 6.1.1. Locomotive; 6.1.2. Passenger Carriages; 6.1.3. Wagons; 6.2. Market Analysis, Insights and Forecast – By Application; 6.2.1. Passenger; 6.2.2. Freight; 6.3. Market Analysis – By Country; 6.3.1. The U.S.; 6.3.1.1. Market Analysis, Insights and Forecast – By Application; 6.3.2. Canada; 6.3.2.1. Market Analysis, Insights and Forecast – By Application; 6.3.3. Mexico; 6.3.3.1. Market Analysis, Insights and Forecast – By Application
7. Europe Rolling Stock Market Analysis, Insights and Forecast, 2019-2032: 7.1. Market Analysis, Insights and Forecast – By Type; 7.1.1. Locomotive; 7.1.2. Passenger Carriages; 7.1.3. Wagons; 7.2. Market Analysis, Insights and Forecast – By Application; 7.2.1. Passenger; 7.2.2. Freight; 7.3. Market Analysis – By Country; 7.3.1. The U.K; 7.3.1.1. Market Analysis, Insights and Forecast – By Application; 7.3.2. Germany; 7.3.2.1. Market Analysis, Insights and Forecast – By Application; 7.3.3. France; 7.3.3.1. Market Analysis, Insights and Forecast – By Application; 7.3.4. Russia; 7.3.4.1. Market Analysis, Insights and Forecast – By Application; 7.3.5. Rest of Europe; 7.3.5.1. Market Analysis, Insights and Forecast – By Application
8. Asia Pacific Rolling Stock Market Analysis, Insights and Forecast, 2019-2032: 8.1. Market Analysis, Insights and Forecast – By Type; 8.1.1. Locomotive; 8.1.2. Passenger Carriages; 8.1.3. Wagons; 8.2. Market Analysis, Insights and Forecast – By Application; 8.2.1. Passenger; 8.2.2. Freight; 8.3. Market Analysis – By Country; 8.3.1. China; 8.3.1.1. Market Analysis, Insights and Forecast – By Application; 8.3.2. Japan; 8.3.2.1. Market Analysis, Insights and Forecast – By Application; 8.3.3. India; 8.3.3.1. Market Analysis, Insights and Forecast – By Application; 8.3.4. South Korea; 8.3.4.1. Market Analysis, Insights and Forecast – By Application; 8.3.5. Rest of Asia Pacific; 8.3.5.1. Market Analysis, Insights and Forecast – By Application
9. Rest of the World Rolling Stock Market Analysis, Insights and Forecast, 2019-2032: 9.1. Market Analysis, Insights and Forecast – By Type; 9.1.1. Locomotive; 9.1.2. Passenger Carriages; 9.1.3. Wagons; 9.2. Market Analysis, Insights and Forecast – By Application; 9.2.1. Passenger; 9.2.2. Freight
10. Competitive Analysis: 10.1. Key Industry Developments; 10.2. Global Market Ranking Analysis (2023); 10.3. Competition Dashboard; 10.4. Comparative Analysis – Major Players; 10.5. Company Profiles; 10.5.1. CRRC Corporation Limited; 10.5.1.1. Overview; 10.5.1.2. Products & services; 10.5.1.3. SWOT analysis; 10.5.1.4. Recent developments; 10.5.1.5. strategies; 10.5.1.6. financials (based on availability); 10.5.2. Alstom; 10.5.2.1. Overview; 10.5.2.2. Products & services; 10.5.2.3. SWOT analysis; 10.5.2.4. Recent developments; 10.5.2.5. strategies; 10.5.2.6. financials (based on availability); 10.5.3. Siemens Mobility; 10.5.3.1. Overview; 10.5.3.2. Products & services; 10.5.3.3. SWOT analysis; 10.5.3.4. Recent developments; 10.5.3.5. strategies; 10.5.3.6. financials (based on availability); 10.5.4. Hyundai Rotem Company; 10.5.4.1. Overview; 10.5.4.2. Products & services; 10.5.4.3. SWOT analysis; 10.5.4.4. Recent developments; 10.5.4.5. strategies; 10.5.4.6. financials (based on availability); 10.5.5. GE Transportation; 10.5.5.1. Overview; 10.5.5.2. Products & services; 10.5.5.3. SWOT analysis; 10.5.5.4. Recent developments; 10.5.5.5. strategies; 10.5.5.6. financials (based on availability); 10.5.6. Wabtec Corporation; 10.5.6.1. Overview; 10.5.6.2. Products & services; 10.5.6.3. SWOT analysis; 10.5.6.4. Recent developments; 10.5.6.5. strategies; 10.5.6.6. financials (based on availability); 10.5.7. Hitachi Railway Systems; 10.5.7.1. Overview; 10.5.7.2. Products & services; 10.5.7.3. SWOT analysis; 10.5.7.4. Recent developments; 10.5.7.5. strategies; 10.5.7.6. financials (based on availability); 10.5.8. CJSC Transmashholding; 10.5.8.1. Overview; 10.5.8.2. Products & services; 10.5.8.3. SWOT analysis; 10.5.8.4. Recent developments; 10.5.8.5. strategies; 10.5.8.6. financials (based on availability); 10.5.9. Stadler Rail; 10.5.9.1. Overview; 10.5.9.2. Products & services; 10.5.9.3. SWOT analysis; 10.5.9.4. Recent developments; 10.5.9.5. strategies; 10.5.9.6. financials (based on availability); 10.5.10. Kawasaki Railcar Manufacturing Co., Ltd.; 10.5.10.1. Overview; 10.5.10.2. Products & services; 10.5.10.3. SWOT analysis; 10.5.10.4. Recent developments; 10.5.10.5. strategies; 10.5.10.6. financials (based on availability)