Global Rolling Stock Market 2024-2028
The rolling stock market is forecasted to grow by USD 11.82 bn during 2023-2028, accelerating at a CAGR of 3.98% during the forecast period. The report on the rolling stock market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing e-commerce booting rolling stock market, introduction of new railway projects, and growing investment in urban rail transit.
Technavio's rolling stock market is segmented as below:
By Application
- Rail freight
- Rail passenger
By Type
- Diesel
- Electric
- Electro-diesel
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the electrification and hybrid solutions as one of the prime reasons driving the rolling stock market growth during the next few years. Also, innovations in locomotive manufacturing and digital transformation in railway industry will lead to sizable demand in the market.
The report on the rolling stock market covers the following areas:
- Rolling stock market sizing
- Rolling stock market forecast
- Rolling stock market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rolling stock market vendors that include ALSTOM SA, Caterpillar Inc., Central Japan Railway Co., CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES S.A., CRRC Corp. Ltd., Grupa Pesa, Hitachi Ltd., Hyundai Motor Co., IHI Aerospace Co. Ltd., Kawasaki Heavy Industries Ltd., MAPNA Group Co., PATENTES TALGO S.L.U., PPF Group, Siemens AG, Stadler Rail Ag, Tatravagonka a.s. Poprad, The Greenbrier Companies Inc., The Kinki Sharyo Co. Ltd., Trinity Industries Inc., and WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP.. Also, the rolling stock market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.